3-bed · 1,361 sqftCentrium Towers 2, Dubai Production City (IMPZ) · 16th floor · completed 2013

2-1607, Centrium Towers 2

Sold prices and rental history: sold twice, last in June 2024, and rented once, from September 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2-1607 · DLD and Ejari recordsUpdated 11 June 2024
Last soldAED 1M11 June 2024
Current rentAED 50K /yr12 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2-1607, Centrium Towers 2

What is 2-1607 worth today?

Last sold for AED 1,000,000 in 2024

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11 Jun 2024SoldReady
AED 1,000,000AED 734 per sqft
6 Jan 2021Sold by developerReady
AED 673,129AED 494 per sqft
12 Sep 2020RentedNew contract
AED 50,000/yr12 months · AED 37 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 11 June 2024.

Key facts

Type
3-bed apartment
Size
1,361 sqft
Floor
16th of 23
Parking
B-137
Developer
ETA Star Property Developers
Completed
2013
Service charge
AED 18,500 /yr
Last sold
AED 1M · June 2024

About 2-1607, Centrium Towers 2

2-1607 is a three-bedroom apartment of 1,361 sqft on the 16th floor of Centrium Towers 2, a 23-storey tower in Dubai Production City (IMPZ) completed in 2013 by ETA Star Property Developers. It last sold on 11 June 2024 for AED 1,000,000, or AED 734 per sqft, 20% above the AED 614 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 12 September 2020. The current contract, signed on 12 September 2020, is AED 50,000 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 18,500 a year.

Sales and rents for 2-1607 over time

Sales
Unit 2-1607, each saleTypical three-bed in Centrium Towers 2
750K1M1.25M20092013201720212025Typical sale price by year: 2009 AED 1,195,052; 2015 AED 648,690; 2021 AED 699,065; 2024 AED 1,050,000Sold by developer, January 2021: AED 673,129 (AED 494 per sqft)Sold, June 2024: AED 1,000,000 (AED 734 per sqft)

2-1607 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2-1607, each contractTypical three-bed in Centrium Towers 2
50K100K2015201820212024Typical rent by year: 2015 AED 104,000; 2016 AED 107,000; 2017 AED 105,000; 2018 AED 87,500; 2019 AED 74,375; 2020 AED 61,750; 2021 AED 55,000; 2022 AED 65,000; 2023 AED 70,000; 2024 AED 76,126; 2025 AED 100,000New contract, September 2020: AED 50,000 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 Centrium Towers 2, and where 2-1607 sits

All 18 3-beds →

2-1607 last sold in June 2024 at AED 734 per sqft, 20% above what three-beds in Centrium Towers 2 were fetching at the time (AED 614). Over the last 12 months three-beds sold for AED 1,450,000, around AED 515 per sqft, and rent for AED 115,000 to 115,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
10 Dec 20251,450,000
10 Jan 20251,810,000
7 Oct 20241,140,000
6 Jun 20241,100,000
1 3-bed sale in the last 12 months

Centrium Towers 2

Building

120 apartments, 1-bed to 3-bed over 23 floors in Dubai Production City (IMPZ), completed in 2013 by ETA Star Property Developers. 8 sold in the last 12 months.

Typical price per sqft
AED 840
Typical sale
AED 770K
Typical rent
AED 62K /yr
Typical yield
9.3%
Centrium Towers 2, Dubai Production City (IMPZ): prices, sales and rents →

Other units on the 16th floor

All 120 units in Centrium Towers 2
Value
2-16012-bedAED 425K · Oct 2015
2-1602AED 780K · Nov 2025
2-16032-bedAED 807K · Sep 2009
2-16041-bedAED 560K · Jun 2025
2-16051-bedAED 712K · Sep 2009
2-16061-bedAED 320K · Mar 2021

2-1607, Centrium Towers 2 in numbers

  • Sold twice: first on 6 January 2021 for AED 673,129, last on 11 June 2024 for AED 1,000,000 (AED 734 per sqft).
  • Rented since September 2020 on one Ejari contract, at AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2024 price is 5.0%, before a service charge of about AED 18,500 a year (AED 13.59 per sqft).
  • Three-beds in Centrium Towers 2 sold for AED 1,450,000–1,450,000 in the 12 months to November 2026; the building's median across all types is AED 840 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 11 June 2024.

Questions about 2-1607, Centrium Towers 2

What did unit 2-1607 last sell for?

AED 1,000,000 on 11 June 2024: AED 734 per sqft for 1,361 sqft. The unit has 2 registered sales; the first was AED 673,129 in January 2021.

What is the rent for unit 2-1607?

AED 50,000 a year on the contract signed on 12 September 2020.

How big is unit 2-1607?

1,361 sqft (126.4 sqm): a three-bedroom apartment on the 16th floor of a 23-storey tower completed in 2013.

What is unit 2-1607 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Centrium Towers 2 sold for AED 1,450,000 to 1,450,000 in the last 12 months, around AED 515 per sqft.

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Mortgage on 2-1607, Centrium Towers 2

Starts from the last sale price (AED 1M, 11 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

Plus AED 47,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →