1-bed · 834 sqftVerve Tower A, Al Wasl · 16th floor · due 2028

1602, Verve Tower A

Sold prices and rental history: sold once, by the developer in October 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1602 · DLD and Ejari recordsUpdated 3 October 2024
Last soldAED 2.61M3 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1602, Verve Tower A

What is 1602 worth today?

Last sold for AED 2,609,000 in 2024

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3 Oct 2024Sold by developerOff-plan
AED 2,609,000AED 3,128 per sqft

Source: Dubai Land Department. Updated 3 October 2024.

Key facts

Type
1-bed apartment
Size
834 sqft
Floor
16th of 35
Parking
1
Developer
Meraas
Completion due
2028
Last sold
AED 2.61M · October 2024

About 1602, Verve Tower A

1602 is a one-bedroom apartment of 834 sqft on the 16th floor of Verve Tower A, a 35-storey tower in Al Wasl due for completion in 2028 by Meraas. The developer sold it on 3 October 2024 for AED 2,609,000, or AED 3,128 per sqft, in line with the AED 3,105 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

1-beds in Verve Tower A, and where 1602 sits

All 64 1-beds →

1602 last sold in October 2024 at AED 3,128 per sqft, in line with what one-beds in Verve Tower A were fetching at the time (AED 3,105).

Recent 1-bed salesUnit no.Price (AED)Summary
7 May 20252,835,000
29 Oct 20242,582,000
24 Oct 20242,663,000
2 Oct 20242,607,000
0 1-bed sales in the last 12 months

Verve Tower A

Building

208 apartments, 1-bed to 5-bed over 35 floors in Al Wasl, due for completion in 2028 by Meraas. 3 sold in the last 12 months.

Typical price per sqft
AED 3,327
Typical sale
AED 4.06M
Typical rent
Few contracts
Typical yield
Verve Tower A, Al Wasl: prices, sales and rents →

Other units on the 16th floor

All 208 units in Verve Tower A
Value
16013-bedAED 6.18M · Aug 2024
16031-bedAED 2.61M · Aug 2024
16043-bedAED 9.03M · Aug 2024
16051-bedAED 2.66M · Aug 2024
16061-bedAED 2.61M · Oct 2024
16073-bedAED 6.17M · Aug 2024

1602, Verve Tower A in numbers

  • Sold once: by Meraas on 3 October 2024 for AED 2,609,000, or AED 3,128 per sqft.

Source: Dubai Land Department. Updated 3 October 2024.

Questions about 1602, Verve Tower A

What did unit 1602 last sell for?

AED 2,609,000 on 3 October 2024, sold by the developer: AED 3,128 per sqft for 834 sqft. It is the only registered sale of the unit.

How big is unit 1602?

834 sqft (77.5 sqm): a one-bedroom apartment on the 16th floor of a 35-storey tower due for completion in 2028.

What is unit 1602 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1602, Verve Tower A

Starts from the last sale price (AED 2.61M, 3 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,609,000
Deposit, UAE resident (20%)
AED 521,800
Deposit, non-resident (40%)
AED 1,043,600
Monthly over 25 years at 3.7%
AED 10,674

Plus AED 114,588 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →