2-bed · 1,472 sqftChurchill Residency, Business Bay · 28th floor · completed 2009

2802, Churchill Residency

Sold prices and rental history: sold once, by the developer in March 2010, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2802 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 1.65M10 March 2010
Current rentAED 108K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2802, Churchill Residency

What is 2802 worth today?

Last sold for AED 1,652,469 in 2010

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Jul 2024RentedRenewal
AED 107,850/yr8 months · AED 73 per sqft
1 Jul 2022RentedRenewal
AED 93,500/yr12 months · AED 64 per sqft
1 Jul 2020RentedNew contract
AED 95,000/yr12 months · AED 65 per sqft
5 Jan 2017RentedRenewal
AED 110,000/yr12 months · AED 75 per sqft
5 Jan 2016RentedRenewal
AED 110,000/yr12 months · AED 75 per sqft
5 Jan 2015RentedNew contract
AED 110,000/yr12 months · AED 75 per sqft
10 Mar 2010Sold by developerOff-plan
AED 1,652,469AED 1,122 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 July 2024.

Key facts

Type
2-bed apartment
Size
1,472 sqft
Floor
28th of 56
Parking
B1-444
Developer
Emirates National Investment Co
Completed
2009
Service charge
AED 20,900 /yr
Last sold
AED 1.65M · March 2010

About 2802, Churchill Residency

2802 is a two-bedroom apartment of 1,472 sqft on the 28th floor of Churchill Residency, a 56-storey tower in Business Bay completed in 2009 by Emirates National Investment Co. The developer sold it on 10 March 2010 for AED 1,652,469, or AED 1,122 per sqft, 4% above the AED 1,075 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 1 July 2024, is AED 107,850 a year: a gross yield of 6.5% on the 2010 price, before the service charge of about AED 20,900 a year.

Sales and rents for 2802 over time

Sales
Unit 2802, each saleTypical two-bed in Churchill Residency
1M1.5M2M20102014201820222026Typical sale price by year: 2010 AED 1,373,419; 2011 AED 1,100,000; 2012 AED 1,343,364; 2013 AED 1,490,731; 2014 AED 1,653,995; 2015 AED 2,000,000; 2016 AED 1,800,000; 2017 AED 1,850,000; 2018 AED 1,405,000; 2019 AED 1,310,000; 2020 AED 1,150,000; 2021 AED 1,232,500; 2022 AED 1,300,000; 2023 AED 1,550,000; 2024 AED 1,737,500; 2025 AED 2,025,000Sold by developer, March 2010: AED 1,652,469 (AED 1,122 per sqft)

2802 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2802, each contractTypical two-bed in Churchill Residency
75K100K125K20112015201920232027Typical rent by year: 2011 AED 76,000; 2012 AED 75,600; 2013 AED 97,500; 2014 AED 120,000; 2015 AED 126,000; 2016 AED 125,000; 2017 AED 120,000; 2018 AED 100,000; 2019 AED 90,000; 2020 AED 80,000; 2021 AED 75,000; 2022 AED 85,000; 2023 AED 100,000; 2024 AED 120,000; 2025 AED 120,000; 2026 AED 130,000New contract, January 2015: AED 110,000 a yearRenewal, January 2016: AED 110,000 a yearRenewal, January 2017: AED 110,000 a yearNew contract, July 2020: AED 95,000 a yearRenewal, July 2022: AED 93,500 a yearRenewal, July 2024: AED 107,850 a year

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

2-beds in Churchill Residency, and where 2802 sits

All 196 2-beds →

2802 last sold in March 2010 at AED 1,122 per sqft, 4% above what two-beds in Churchill Residency were fetching at the time (AED 1,075). Over the last 12 months two-beds sold for AED 1,800,000 to 2,400,000, around AED 1,460 per sqft, and rent for AED 112,000 to 180,000 a year. 2802's AED 107,850 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
13 Feb 20261,940,000
22 Jan 20261,800,000
16 Dec 20252,150,000
9 Dec 20252,280,000
7 2-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 28th floor

All 472 units in Churchill Residency
Value
28012-bedAED 1.25M · Sep 2021
2803AED 1.97M · Aug 2025
28042-bedAED 1.35M · Jun 2012
28052-bedAED 1.35M · Sep 2024
28062-bedAED 1.1M · Jan 2020
28072-bedAED 1.58M · May 2012
28082-bedAED 1.76M · Nov 2013

2802, Churchill Residency in numbers

  • Sold once: by Emirates National Investment Co on 10 March 2010 for AED 1,652,469, or AED 1,122 per sqft.
  • Rented since January 2015 on 6 Ejari contracts. The rent fell from AED 110,000 to AED 93,500 in 2022 and recovered to AED 107,850 by July 2024.
  • At AED 107,850 a year the gross yield on the 2010 price is 6.5%, before a service charge of about AED 20,900 a year (AED 14.19 per sqft).
  • Two-beds in Churchill Residency sold for AED 1,800,000–2,400,000 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 1 July 2024.

Questions about 2802, Churchill Residency

What did unit 2802 last sell for?

AED 1,652,469 on 10 March 2010, sold by the developer: AED 1,122 per sqft for 1,472 sqft. It is the only registered sale of the unit.

What is the rent for unit 2802?

AED 107,850 a year on the contract renewed on 1 July 2024. The previous contract, from July 2022, was AED 93,500; the unit has been rented since January 2015.

How big is unit 2802?

1,472 sqft (136.8 sqm): a two-bedroom apartment on the 28th floor of a 56-storey tower completed in 2009.

What is unit 2802 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Churchill Residency sold for AED 1,800,000 to 2,400,000 in the last 12 months, around AED 1,460 per sqft.

Selling 2802? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 2802, Churchill Residency

Starts from the last sale price (AED 1.65M, 10 March 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,652,469
Deposit, UAE resident (20%)
AED 330,494
Deposit, non-resident (40%)
AED 660,988
Monthly over 25 years at 3.7%
AED 6,761

Plus AED 74,414 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →