1-bed · 1,014 sqftChurchill Residency, Business Bay · 20th floor · completed 2009

2002, Churchill Residency

Sold prices and rental history: sold once, by the developer in October 2013, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2002 · DLD and Ejari recordsUpdated 9 September 2024
Last soldAED 1.39M3 October 2013
Current rentAED 85K /yr9 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2002, Churchill Residency

What is 2002 worth today?

Last sold for AED 1,391,850 in 2013

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9 Sep 2024RentedRenewal
AED 85,000/yr12 months · AED 84 per sqft
9 Sep 2023RentedRenewal
AED 80,000/yr12 months · AED 79 per sqft
8 Sep 2020RentedRenewal
AED 70,000/yr12 months · AED 69 per sqft
8 Sep 2019RentedNew contract
AED 70,000/yr12 months · AED 69 per sqft
20 Aug 2018RentedNew contract
AED 80,000/yr12 months · AED 79 per sqft
6 Jun 2017RentedNew contract
AED 90,000/yr12 months · AED 89 per sqft
14 Feb 2017RentedNew contract
AED 95,000/yr12 months · AED 94 per sqft
3 Oct 2013Sold by developerReady
AED 1,391,850AED 1,372 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 9 September 2024.

Key facts

Type
1-bed apartment
Size
1,014 sqft
Floor
20th of 56
Parking
B1-517
Developer
Emirates National Investment Co
Completed
2009
Service charge
AED 14,400 /yr
Last sold
AED 1.39M · October 2013

About 2002, Churchill Residency

2002 is a one-bedroom apartment of 1,014 sqft on the 20th floor of Churchill Residency, a 56-storey tower in Business Bay completed in 2009 by Emirates National Investment Co. The developer sold it on 3 October 2013 for AED 1,391,850, or AED 1,372 per sqft, 35% above the AED 1,016 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 9 September 2024, is AED 85,000 a year: a gross yield of 6.1% on the 2013 price, before the service charge of about AED 14,400 a year.

Sales and rents for 2002 over time

Sales
Unit 2002, each saleTypical one-bed in Churchill Residency
1M1.5M20102014201820222026Typical sale price by year: 2010 AED 848,456; 2011 AED 754,183; 2012 AED 775,563; 2013 AED 984,138; 2014 AED 1,300,000; 2015 AED 1,300,000; 2016 AED 1,200,000; 2017 AED 1,230,000; 2018 AED 1,080,000; 2019 AED 895,000; 2020 AED 720,000; 2021 AED 800,000; 2022 AED 835,000; 2023 AED 1,000,000; 2024 AED 1,070,000; 2025 AED 1,135,000Sold by developer, October 2013: AED 1,391,850 (AED 1,372 per sqft)

2002 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2002, each contractTypical one-bed in Churchill Residency
60K80K100K20112015201920232027Typical rent by year: 2011 AED 60,000; 2012 AED 58,000; 2013 AED 61,668; 2014 AED 80,000; 2015 AED 90,000; 2016 AED 87,000; 2017 AED 85,000; 2018 AED 75,000; 2019 AED 68,000; 2020 AED 57,000; 2021 AED 54,075; 2022 AED 60,000; 2023 AED 70,000; 2024 AED 80,000; 2025 AED 83,675; 2026 AED 80,000New contract, January 2012: AED 58,000 a yearNew contract, February 2013: AED 72,000 a yearNew contract, February 2017: AED 95,000 a yearNew contract, June 2017: AED 90,000 a yearNew contract, August 2018: AED 80,000 a yearNew contract, September 2019: AED 70,000 a yearRenewal, September 2020: AED 70,000 a yearRenewal, September 2023: AED 80,000 a yearRenewal, September 2024: AED 85,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Churchill Residency, and where 2002 sits

All 236 1-beds →

2002 last sold in October 2013 at AED 1,372 per sqft, 35% above what one-beds in Churchill Residency were fetching at the time (AED 1,016). Over the last 12 months one-beds sold for AED 1,250,000 to 1,700,000, around AED 1,322 per sqft, and rent for AED 68,400 to 115,000 a year. 2002's AED 85,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
15 Jan 20261,300,000
12 Jan 20261,320,000
9 Jul 20251,120,000
8 Jul 20251,250,000
8 1-bed sales in the last 12 months

Churchill Residency

Building

472 apartments, 1-bed to 3-bed over 56 floors in Business Bay, completed in 2009 by Emirates National Investment Co. 15 sold in the last 12 months.

Typical price per sqft
AED 1,433 Up 2.8%
Typical sale
AED 1.7M
Typical rent
AED 94K /yr
Typical yield
6.5%
Churchill Residency, Business Bay: prices, sales and rents →

Other units on the 20th floor

All 472 units in Churchill Residency
Value
20011-bedAED 1.05M · Feb 2023
20031-bedAED 1.38M · Oct 2013
20041-bedAED 1.12M · Jun 2016
20051-bedAED 1.5M · Feb 2025
2006AED 1.25M · Nov 2025
20071-bedAED 1.1M · Jun 2018
20081-bedAED 1.01M · Nov 2019
1–7 of 9

2002, Churchill Residency in numbers

  • Sold once: by Emirates National Investment Co on 3 October 2013 for AED 1,391,850, or AED 1,372 per sqft.
  • Rented since January 2012 on 9 Ejari contracts, from AED 58,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2013 price is 6.1%, before a service charge of about AED 14,400 a year (AED 14.19 per sqft).
  • One-beds in Churchill Residency sold for AED 1,250,000–1,700,000 in the 12 months to November 2026; the building's median across all types is AED 1,433 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 9 September 2024.

Questions about 2002, Churchill Residency

What did unit 2002 last sell for?

AED 1,391,850 on 3 October 2013, sold by the developer: AED 1,372 per sqft for 1,014 sqft. It is the only registered sale of the unit.

What is the rent for unit 2002?

AED 85,000 a year on the contract renewed on 9 September 2024. The previous contract, from September 2023, was AED 80,000; the unit has been rented since January 2012.

How big is unit 2002?

1,014 sqft (94.2 sqm): a one-bedroom apartment on the 20th floor of a 56-storey tower completed in 2009.

What is unit 2002 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Churchill Residency sold for AED 1,250,000 to 1,700,000 in the last 12 months, around AED 1,322 per sqft.

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Mortgage on 2002, Churchill Residency

Starts from the last sale price (AED 1.39M, 3 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,391,850
Deposit, UAE resident (20%)
AED 278,370
Deposit, non-resident (40%)
AED 556,740
Monthly over 25 years at 3.7%
AED 5,694

Plus AED 63,468 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →