2-bed · 1,452 sqftImperial Avenue, Downtown Dubai · 14th floor · completed 2019

1408, Imperial Avenue

Sold prices and rental history: sold twice, last in January 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1408 · DLD and Ejari recordsUpdated 10 January 2023
Last soldAED 2.96M10 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1408, Imperial Avenue

What is 1408 worth today?

Last sold for AED 2,958,500 in 2023

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10 Jan 2023SoldOff-plan
AED 2,958,500AED 2,036 per sqft
23 Jun 2022Sold by developerOff-plan
AED 1,029,506AED 708 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 January 2023.

Key facts

Type
2-bed apartment
Size
1,452 sqft
Floor
14th of 45
Parking
1
Developer
Sp International Property Developers
Completed
2019
Last sold
AED 2.96M · January 2023

About 1408, Imperial Avenue

1408 is a two-bedroom apartment of 1,452 sqft on the 14th floor of Imperial Avenue, a 45-storey tower in Downtown Dubai completed in 2019 by Sp International Property Developers. It last sold on 10 January 2023 for AED 2,958,500, or AED 2,036 per sqft, 188% above the AED 708 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1408 over time

Sales
Unit 1408, each saleTypical two-bed in Imperial Avenue
2M4M2017202020232026Typical sale price by year: 2017 AED 2,820,783; 2018 AED 2,966,684; 2019 AED 2,756,105; 2020 AED 2,930,393; 2021 AED 2,949,091; 2022 AED 1,072,005; 2023 AED 3,593,300; 2024 AED 3,950,000; 2025 AED 3,345,000; 2026 AED 3,500,000Sold by developer, June 2022: AED 1,029,506 (AED 708 per sqft)Sold, January 2023: AED 2,958,500 (AED 2,036 per sqft)

1408 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1408, each contractTypical two-bed in Imperial Avenue
200K220K240K202520262027Typical rent by year: 2025 AED 245,000; 2026 AED 205,000

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

2-beds in Imperial Avenue, and where 1408 sits

All 150 2-beds →

1408 last sold in January 2023 at AED 2,036 per sqft, 188% above what two-beds in Imperial Avenue were fetching at the time (AED 708). Over the last 12 months two-beds sold for AED 2,426,315 to 3,800,000, around AED 2,434 per sqft, and rent for AED 175,000 to 300,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Feb 20263,680,000
13 Feb 20263,800,000
11 Feb 20263,500,000
6 Feb 20263,500,000
11 2-bed sales in the last 12 months

Imperial Avenue

Building

424 apartments, 1-bed to 5-bed over 45 floors in Downtown Dubai, completed in 2019 by Sp International Property Developers. 26 sold in the last 12 months.

Typical price per sqft
AED 2,505 Down 1.6%
Typical sale
AED 3.3M
Typical rent
AED 230K /yr
Typical yield
6.2%
Imperial Avenue, Downtown Dubai: prices, sales and rents →

Other units on the 14th floor

All 424 units in Imperial Avenue
Value
14013-bedAED 5.3M · Nov 2022
14023-bedAED 4.45M · Jan 2024
14032-bedAED 2.96M · Oct 2022
14041-bedAED 2.2M · Dec 2025
14053-bedAED 3.96M · Sep 2018
1406AED 3.75M · Dec 2020
14071-bedAED 2.2M · Mar 2023
1–7 of 9

1408, Imperial Avenue in numbers

  • Sold twice: first on 23 June 2022 for AED 1,029,506, last on 10 January 2023 for AED 2,958,500 (AED 2,036 per sqft).
  • Two-beds in Imperial Avenue sold for AED 2,426,315–3,800,000 in the 12 months to November 2026; the building's median across all types is AED 2,505 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 10 January 2023.

Questions about 1408, Imperial Avenue

What did unit 1408 last sell for?

AED 2,958,500 on 10 January 2023: AED 2,036 per sqft for 1,452 sqft. The unit has 2 registered sales; the first was AED 1,029,506 in June 2022.

How big is unit 1408?

1,452 sqft (134.9 sqm): a two-bedroom apartment on the 14th floor of a 45-storey tower completed in 2019.

What is unit 1408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Imperial Avenue sold for AED 2,426,315 to 3,800,000 in the last 12 months, around AED 2,434 per sqft.

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Mortgage on 1408, Imperial Avenue

Starts from the last sale price (AED 2.96M, 10 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,958,500
Deposit, UAE resident (20%)
AED 591,700
Deposit, non-resident (40%)
AED 1,183,400
Monthly over 25 years at 3.7%
AED 12,104

Plus AED 129,267 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →