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2-bed · 2,780 sqftVela Viento, Business Bay · 5th floor · due 2027

502, 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 502 · DLD and Ejari recordsUpdated 6 November 2024
Last soldAED 16.76M6 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Vela Viento

What is 502 worth today?

Last sold for AED 16,756,158 in 2024

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6 Nov 2024Sold by developerOff-plan
AED 16,756,158AED 6,027 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 6 November 2024.

Key facts

Type
2-bed apartment
Size
2,780 sqft
Floor
5th of 38
Parking
2
Developer
Royal Creek Real Estate Development
Completion due
2027
Last sold
AED 16.76M · November 2024
Building
Vela Viento

About 502, Vela Viento

502 is a two-bedroom apartment of 2,780 sqft on the 5th 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 16,756,158, or AED 6,027 per sqft, 4% 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 502 sits

All 12 2-beds →

502 last sold in November 2024 at AED 6,027 per sqft, 4% 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 →

502, Vela Viento in numbers

  • Sold once: by Royal Creek Real Estate Development on 6 November 2024 for AED 16,756,158, or AED 6,027 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 6 November 2024.

Questions about 502, Vela Viento

What did unit 502 last sell for?

AED 16,756,158 on 6 November 2024, sold by the developer: AED 6,027 per sqft for 2,780 sqft. It is the only registered sale of the unit.

How big is unit 502?

2,780 sqft (258.3 sqm): a two-bedroom apartment on the 5th floor of a 38-storey tower due for completion in 2027.

What is unit 502 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 502, Vela Viento

Starts from the last sale price (AED 16.76M, 6 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 16,756,158
Deposit, UAE resident (20%)
AED 3,351,232
Deposit, non-resident (40%)
AED 6,702,463
Monthly over 25 years at 3.7%
AED 68,555

Plus AED 708,768 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →