3-bed · 3,826 sqftAttareen Residences, Downtown Dubai · 1st floor · completed 2008

1234, Attareen Residences

Sold prices and rental history: sold twice, last in October 2010, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1234 · DLD and Ejari recordsUpdated 17 January 2019
Last soldAED 3.8M4 October 2010
Current rentAED 450K /yr17 January 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1234, Attareen Residences

What is 1234 worth today?

Last sold for AED 3,800,000 in 2010

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17 Jan 2019RentedRenewal
AED 450,000/yr36 months · AED 118 per sqft
17 Jan 2018RentedRenewal
AED 600,000/yr12 months · AED 157 per sqft
17 Jan 2017RentedNew contract
AED 600,000/yr12 months · AED 157 per sqft
4 Oct 2010SoldReady
AED 3,800,000AED 993 per sqft
3 Oct 2010Sold by developerReady
AED 5,138,888AED 1,343 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 17 January 2019.

Key facts

Type
3-bed apartment
Size
3,826 sqft
Floor
1st of 7
Parking
3. 472/473
Developer
Emaar
Completed
2008
Service charge
AED 89,800 /yr
Last sold
AED 3.8M · October 2010

About 1234, Attareen Residences

1234 is a three-bedroom apartment of 3,826 sqft on the 1st floor of Attareen Residences, a 7-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 4 October 2010 for AED 3,800,000, or AED 993 per sqft, 15% below the AED 1,169 three-beds in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, renewed on 17 January 2019, is AED 450,000 a year: a gross yield of 11.8% on the 2010 price, before the service charge of about AED 89,800 a year.

Sales and rents for 1234 over time

Sales
Unit 1234, each saleTypical three-bed in Attareen Residences
5M7.5M2008200920102011Typical sale price by year: 2008 AED 9,000,000; 2009 AED 4,473,900; 2010 AED 4,473,888Sold, October 2010: AED 3,800,000 (AED 993 per sqft)Sold by developer, October 2010: AED 5,138,888 (AED 1,343 per sqft)

1234 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1234, each contractTypical three-bed in Attareen Residences
400K600K20162018202020222024Typical rent by year: 2016 AED 350,000; 2017 AED 550,000; 2020 AED 270,497; 2021 AED 285,000; 2023 AED 333,500New contract, January 2017: AED 600,000 a yearRenewal, January 2018: AED 600,000 a yearRenewal, January 2019: AED 450,000 a year

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

3-beds in Attareen Residences, and where 1234 sits

All 7 3-beds →

1234 last sold in October 2010 at AED 993 per sqft, 15% below what three-beds in Attareen Residences were fetching at the time (AED 1,169).

Recent 3-bed salesUnit no.Price (AED)Summary
22 Mar 202410,700,000
16 Jan 202410,915,000
8 Jun 201417,800,000
9 Aug 20104,473,888
0 3-bed sales in the last 12 months

Attareen Residences

Building

87 apartments, 1-bed to 3-bed over 7 floors in Downtown Dubai, completed in 2008 by Emaar. 2 sold in the last 12 months.

Typical price per sqft
AED 3,816
Typical sale
AED 12.65M
Typical rent
AED 150K /yr
Typical yield
3.3%
Attareen Residences, Downtown Dubai: prices, sales and rents →

Other units on the 1st floor

All 87 units in Attareen Residences
Value
12262-bedAED 4.65M · Jan 2017
12273-bedAED 10.92M · Jan 2024
12283-bedAED 10.7M · Mar 2024
12293-bedAED 17.8M · Jun 2014
12302-bedAED 3.51M · Dec 2010
12313-bedAED 9M · Nov 2008
12322-bedAED 2.55M · Apr 2021
1–7 of 10

1234, Attareen Residences in numbers

  • Sold twice: first on 3 October 2010 for AED 5,138,888, last on 4 October 2010 for AED 3,800,000 (AED 993 per sqft).
  • Rented since January 2017 on 3 Ejari contracts, from AED 600,000 to AED 450,000 a year.
  • At AED 450,000 a year the gross yield on the 2010 price is 11.8%, before a service charge of about AED 89,800 a year (AED 23.48 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 17 January 2019.

Questions about 1234, Attareen Residences

What did unit 1234 last sell for?

AED 3,800,000 on 4 October 2010: AED 993 per sqft for 3,826 sqft. The unit has 2 registered sales; the first was AED 5,138,888 in October 2010.

What is the rent for unit 1234?

AED 450,000 a year on the contract renewed on 17 January 2019. The previous contract, from January 2018, was AED 600,000; the unit has been rented since January 2017.

How big is unit 1234?

3,826 sqft (355.4 sqm): a three-bedroom apartment on the 1st floor of a 7-storey tower completed in 2008.

What is unit 1234 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 1234, Attareen Residences

Starts from the last sale price (AED 3.8M, 4 October 2010). Switch to today's estimate once you have unlocked it.
Price
AED 3,800,000
Deposit, UAE resident (20%)
AED 760,000
Deposit, non-resident (40%)
AED 1,520,000
Monthly over 25 years at 3.7%
AED 15,547

Plus AED 164,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →