2-bed · 3,799 sqftVela Viento, Business Bay · 16th floor · completed 2027

1604, 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 1604 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 24.5M1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1604, Vela Viento

What is 1604 worth today?

Last sold for AED 24,500,000 in 2024

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1 Nov 2024Sold by developerOff-plan
AED 24,500,000AED 6,449 per sqft

Source: Dubai Land Department. Updated 1 November 2024.

Key facts

Type
2-bed apartment
Size
3,799 sqft
Floor
16th of 38
Parking
2
Developer
Royal Creek Real Estate Development
Completed
2027
Last sold
AED 24.5M · November 2024
Building
Vela Viento

About 1604, Vela Viento

1604 is a two-bedroom apartment of 3,799 sqft on the 16th floor of Vela Viento, a 38-storey tower in Business Bay completed in 2027 by Royal Creek Real Estate Development. The developer sold it on 1 November 2024 for AED 24,500,000, or AED 6,449 per sqft, in line with the AED 6,449 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 1604 sits

All 12 2-beds →

1604 last sold in November 2024 at AED 6,449 per sqft, in line with what two-beds in Vela Viento were fetching at the time (AED 6,449).

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, completed 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 16th floor

All 27 units in Vela Viento
Value
16013-bedAED 24.53M · Feb 2025
16022-bedAED 21.47M · Nov 2024

1604, Vela Viento in numbers

  • Sold once: by Royal Creek Real Estate Development on 1 November 2024 for AED 24,500,000, or AED 6,449 per sqft.

Source: Dubai Land Department. Updated 1 November 2024.

Questions about 1604, Vela Viento

What did unit 1604 last sell for?

AED 24,500,000 on 1 November 2024, sold by the developer: AED 6,449 per sqft for 3,799 sqft. It is the only registered sale of the unit.

How big is unit 1604?

3,799 sqft (352.9 sqm): a two-bedroom apartment on the 16th floor of a 38-storey tower completed in 2027.

What is unit 1604 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 1604, Vela Viento

Starts from the last sale price (AED 24.5M, 1 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 24,500,000
Deposit, UAE resident (20%)
AED 4,900,000
Deposit, non-resident (40%)
AED 9,800,000
Monthly over 25 years at 3.7%
AED 100,237

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