4-bed · 5,300 sqftIL Primo, Downtown Dubai · 7th floor · completed 2022

702, IL Primo

Sold prices and rental history: sold 4 times, last 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 702 · DLD and Ejari recordsUpdated 20 November 2024
Last soldAED 32M20 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, IL Primo

What is 702 worth today?

Last sold for AED 32,000,000 in 2024

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20 Nov 2024SoldReady
AED 32,000,000AED 6,037 per sqft
21 Mar 2023SoldOff-plan
AED 18,000,000AED 3,375 per sqft
26 Aug 2021SoldOff-plan
AED 17,500,000AED 3,281 per sqft
20 Jun 2019Sold by developerOff-plan
AED 17,873,888AED 3,429 per sqft

Source: Dubai Land Department. Updated 20 November 2024.

Key facts

Type
4-bed apartment
Size
5,300 sqft
Floor
7th of 75
Parking
IP B6-6073, IP B6-6075, IP B6-6076
Developer
Emaar
Completed
2022
Last sold
AED 32M · November 2024
Building
IL Primo

About 702, IL Primo

702 is a four-bedroom apartment of 5,300 sqft on the 7th floor of IL Primo, a 75-storey tower in Downtown Dubai completed in 2022 by Emaar. It last sold on 20 November 2024 for AED 32,000,000, or AED 6,037 per sqft, 18% above the AED 5,110 four-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 702 over time

Sales
Unit 702, each saleTypical four-bed in IL Primo
20M30M2016201920222025Typical sale price by year: 2016 AED 17,917,888; 2017 AED 18,720,888; 2018 AED 18,787,888; 2019 AED 18,202,888; 2020 AED 19,647,642; 2021 AED 19,574,449; 2022 AED 21,000,000; 2023 AED 23,250,000; 2024 AED 28,000,000; 2025 AED 28,500,000Sold by developer, June 2019: AED 17,873,888 (AED 3,429 per sqft)Sold, August 2021: AED 17,500,000 (AED 3,281 per sqft)Sold, March 2023: AED 18,000,000 (AED 3,375 per sqft)Sold, November 2024: AED 32,000,000 (AED 6,037 per sqft)

702 has sold 4 times; the dashed line is the four-bed median of each year in the building.

4-beds in IL Primo, and where 702 sits

All 94 4-beds →

702 last sold in November 2024 at AED 6,037 per sqft, 18% above what four-beds in IL Primo were fetching at the time (AED 5,110). Over the last 12 months four-beds sold for AED 27,900,000 to 30,500,000, around AED 5,509 per sqft, and rent for AED 1,400,000 to 1,700,000 a year.

Recent 4-bed salesUnit no.Price (AED)Summary
16 Jun 202527,000,000
4 Jun 202530,000,000
26 May 202528,500,000
27 Mar 202532,000,000
2 4-bed sales in the last 12 months

IL Primo

Building

118 apartments, 4-bed to 6-bed over 75 floors in Downtown Dubai, completed in 2022 by Emaar. 2 sold in the last 12 months.

Typical price per sqft
AED 5,509
Typical sale
AED 29.2M
Typical rent
AED 1.7M /yr
Typical yield
4.9%
IL Primo, Downtown Dubai: prices, sales and rents →

Other units on the 7th floor

All 118 units in IL Primo
Value
7014-bedAED 17.32M · Jul 2016

702, IL Primo in numbers

  • Sold 4 times: first on 20 June 2019 for AED 17,873,888, last on 20 November 2024 for AED 32,000,000 (AED 6,037 per sqft).
  • Four-beds in IL Primo sold for AED 27,900,000–30,500,000 in the 12 months to November 2026; the building's median across all types is AED 5,509 per sqft.

Source: Dubai Land Department. Updated 20 November 2024.

Questions about 702, IL Primo

What did unit 702 last sell for?

AED 32,000,000 on 20 November 2024: AED 6,037 per sqft for 5,300 sqft. The unit has 4 registered sales; the first was AED 17,873,888 in June 2019.

How big is unit 702?

5,300 sqft (492.4 sqm): a four-bedroom apartment on the 7th floor of a 75-storey tower completed in 2022.

What is unit 702 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in IL Primo sold for AED 27,900,000 to 30,500,000 in the last 12 months, around AED 5,509 per sqft.

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Mortgage on 702, IL Primo

Starts from the last sale price (AED 32M, 20 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 32,000,000
Deposit, UAE resident (20%)
AED 6,400,000
Deposit, non-resident (40%)
AED 12,800,000
Monthly over 25 years at 3.7%
AED 130,922

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