2-bed · 3,771 sqftVela Viento, Business Bay · 14th floor · due 2027

1401, Vela Viento

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

Unit 1401 · DLD and Ejari recordsUpdated 6 November 2024
Last soldAED 21.32M6 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1401, Vela Viento

What is 1401 worth today?

Last sold for AED 21,319,865 in 2024

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6 Nov 2024Sold by developerOff-plan
AED 21,319,865AED 5,654 per sqft

Source: Dubai Land Department. Updated 6 November 2024.

Key facts

Type
2-bed apartment
Size
3,771 sqft
Floor
14th of 38
Parking
2
Developer
Royal Creek Real Estate Development
Completion due
2027
Last sold
AED 21.32M · November 2024
Building
Vela Viento

About 1401, Vela Viento

1401 is a two-bedroom apartment of 3,771 sqft on the 14th floor of Vela Viento, a 38-storey tower in Business Bay due for completion in 2027 by Royal Creek Real Estate Development. The developer sold it on 6 November 2024 for AED 21,319,865, or AED 5,654 per sqft, 10% below the AED 6,292 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

2-beds in Vela Viento, and where 1401 sits

All 12 2-beds →

1401 last sold in November 2024 at AED 5,654 per sqft, 10% below what two-beds in Vela Viento were fetching at the time (AED 6,292).

Recent 2-bed salesUnit no.Price (AED)Summary
24 Jun 202518,297,427
6 Feb 202520,861,471
16 Dec 202417,003,187
12 Nov 202418,593,585
0 2-bed sales in the last 12 months

Vela Viento

Building

27 apartments, 2-bed to 3-bed over 38 floors in Business Bay, due for completion in 2027 by Royal Creek Real Estate Development. 1 sold in the last 12 months.

Typical price per sqft
AED 4,768
Typical sale
AED 33M
Typical rent
Few contracts
Typical yield
Vela Viento, Business Bay: prices, sales and rents →

Other units on the 14th floor

All 27 units in Vela Viento
Value
14022-bedAED 17.63M · Nov 2024

1401, Vela Viento in numbers

  • Sold once: by Royal Creek Real Estate Development on 6 November 2024 for AED 21,319,865, or AED 5,654 per sqft.

Source: Dubai Land Department. Updated 6 November 2024.

Questions about 1401, Vela Viento

What did unit 1401 last sell for?

AED 21,319,865 on 6 November 2024, sold by the developer: AED 5,654 per sqft for 3,771 sqft. It is the only registered sale of the unit.

How big is unit 1401?

3,771 sqft (350.3 sqm): a two-bedroom apartment on the 14th floor of a 38-storey tower due for completion in 2027.

What is unit 1401 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 1401, Vela Viento

Starts from the last sale price (AED 21.32M, 6 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 21,319,865
Deposit, UAE resident (20%)
AED 4,263,973
Deposit, non-resident (40%)
AED 8,527,946
Monthly over 25 years at 3.7%
AED 87,226

Plus AED 900,445 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →