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2-bed · 1,510 sqftVerve Tower B, Al Wasl · 12th floor · due 2028

1201, Verve Tower B

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

Unit 1201 · DLD and Ejari recordsUpdated 18 September 2024
Last soldAED 4.31M18 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1201, Verve Tower B

What is 1201 worth today?

Last sold for AED 4,305,000 in 2024

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18 Sep 2024Sold by developerOff-plan
AED 4,305,000AED 2,850 per sqft

Source: Dubai Land Department. Updated 18 September 2024.

Key facts

Type
2-bed apartment
Size
1,510 sqft
Floor
12th of 28
Parking
1
Developer
Meraas
Completion due
2028
Last sold
AED 4.31M · September 2024
Building
Verve Tower B

About 1201, Verve Tower B

1201 is a two-bedroom apartment of 1,510 sqft on the 12th floor of Verve Tower B, a 28-storey tower in Al Wasl due for completion in 2028 by Meraas. The developer sold it on 18 September 2024 for AED 4,305,000, or AED 2,850 per sqft, in line with the AED 2,878 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

2-beds in Verve Tower B, and where 1201 sits

All 90 2-beds →

1201 last sold in September 2024 at AED 2,850 per sqft, in line with what two-beds in Verve Tower B were fetching at the time (AED 2,878). Over the last 12 months two-beds sold for AED 4,700,000, around AED 3,114 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
12 Dec 20254,700,000
5 May 20253,625,000
4 Nov 20243,361,000
23 Oct 20243,376,000
1 2-bed sale in the last 12 months

Verve Tower B

Building

228 apartments, 1-bed to 4-bed over 28 floors in Al Wasl, due for completion in 2028 by Meraas. 1 sold in the last 12 months.

Typical price per sqft
AED 3,114
Typical sale
AED 4.7M
Typical rent
Few contracts
Typical yield
Verve Tower B, Al Wasl: prices, sales and rents →

Other units on the 12th floor

All 228 units in Verve Tower B
Value
12021-bedAED 2.58M · Aug 2024
12031-bedAED 2.58M · Aug 2024
12042-bedAED 3.39M · Aug 2024
12051-bedAED 2.17M · Aug 2024
12061-bedAED 2.17M · Aug 2024
12072-bedAED 3.4M · Aug 2024
12081-bedAED 2.58M · Jul 2024
1–7 of 10

1201, Verve Tower B in numbers

  • Sold once: by Meraas on 18 September 2024 for AED 4,305,000, or AED 2,850 per sqft.
  • Two-beds in Verve Tower B sold for AED 4,700,000–4,700,000 in the 12 months to November 2026; the building's median across all types is AED 3,114 per sqft.

Source: Dubai Land Department. Updated 18 September 2024.

Questions about 1201, Verve Tower B

What did unit 1201 last sell for?

AED 4,305,000 on 18 September 2024, sold by the developer: AED 2,850 per sqft for 1,510 sqft. It is the only registered sale of the unit.

How big is unit 1201?

1,510 sqft (140.3 sqm): a two-bedroom apartment on the 12th floor of a 28-storey tower due for completion in 2028.

What is unit 1201 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Verve Tower B sold for AED 4,700,000 to 4,700,000 in the last 12 months, around AED 3,114 per sqft.

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Mortgage on 1201, Verve Tower B

Starts from the last sale price (AED 4.31M, 18 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,305,000
Deposit, UAE resident (20%)
AED 861,000
Deposit, non-resident (40%)
AED 1,722,000
Monthly over 25 years at 3.7%
AED 17,613

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →