2-bed · 1,379 sqftImperial Avenue, Downtown Dubai · 23rd floor · completed 2019

2308, Imperial Avenue

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

Unit 2308 · DLD and Ejari recordsUpdated 25 August 2023
Last soldAED 3.04M25 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2308, Imperial Avenue

What is 2308 worth today?

Last sold for AED 3,038,000 in 2023

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25 Aug 2023SoldOff-plan
AED 3,038,000AED 2,203 per sqft
30 Jun 2022Sold by developerOff-plan
AED 977,241AED 708 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 August 2023.

Key facts

Type
2-bed apartment
Size
1,379 sqft
Floor
23rd of 45
Parking
1
Developer
Sp International Property Developers
Completed
2019
Last sold
AED 3.04M · August 2023

About 2308, Imperial Avenue

2308 is a two-bedroom apartment of 1,379 sqft on the 23rd floor of Imperial Avenue, a 45-storey tower in Downtown Dubai completed in 2019 by Sp International Property Developers. It last sold on 25 August 2023 for AED 3,038,000, or AED 2,203 per sqft, in line with the AED 2,230 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2308 over time

Sales
Unit 2308, 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 977,241 (AED 708 per sqft)Sold, August 2023: AED 3,038,000 (AED 2,203 per sqft)

2308 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2308, 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 2308 sits

All 150 2-beds →

2308 last sold in August 2023 at AED 2,203 per sqft, in line with what two-beds in Imperial Avenue were fetching at the time (AED 2,230). 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 23rd floor

All 424 units in Imperial Avenue
Value
23013-bedAED 5.95M · Sep 2023
23023-bedAED 4.28M · Jun 2023
23032-bedAED 3.3M · Jun 2023
23041-bedAED 2.39M · Feb 2024
23052-bedAED 3.3M · Mar 2023
23063-bedAED 4.75M · Sep 2023
23072-bedAED 3.77M · Aug 2023
1–7 of 14

2308, Imperial Avenue in numbers

  • Sold twice: first on 30 June 2022 for AED 977,241, last on 25 August 2023 for AED 3,038,000 (AED 2,203 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 25 August 2023.

Questions about 2308, Imperial Avenue

What did unit 2308 last sell for?

AED 3,038,000 on 25 August 2023: AED 2,203 per sqft for 1,379 sqft. The unit has 2 registered sales; the first was AED 977,241 in June 2022.

How big is unit 2308?

1,379 sqft (128.1 sqm): a two-bedroom apartment on the 23rd floor of a 45-storey tower completed in 2019.

What is unit 2308 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 2308, Imperial Avenue

Starts from the last sale price (AED 3.04M, 25 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,038,000
Deposit, UAE resident (20%)
AED 607,600
Deposit, non-resident (40%)
AED 1,215,200
Monthly over 25 years at 3.7%
AED 12,429

Plus AED 132,606 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →