3-bed · 1,565 sqftCentrium Towers 2, Dubai Production City (IMPZ) · 4th floor · completed 2013

2-402, Centrium Towers 2

Sold prices and rental history: sold 4 times, last in October 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2-402 · DLD and Ejari recordsUpdated 7 October 2024
Last soldAED 1.14M7 October 2024
Current rentAED 38K /yr13 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2-402, Centrium Towers 2

What is 2-402 worth today?

Last sold for AED 1,140,000 in 2024

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7 Oct 2024SoldReady
AED 1,140,000AED 728 per sqft
13 Jun 2023RentedNew contract
AED 38,000/yr12 months · AED 24 per sqft
7 Jun 2023SoldReady
AED 715,000AED 456 per sqft
28 Apr 2021SoldReady
AED 640,000AED 408 per sqft
1 Sep 2019RentedRenewal
AED 70,000/yr12 months · AED 45 per sqft
1 Sep 2018RentedRenewal
AED 92,000/yr12 months · AED 59 per sqft
1 Sep 2017RentedRenewal
AED 105,000/yr12 months · AED 67 per sqft
1 Sep 2015RentedNew contract
AED 105,000/yr12 months · AED 67 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 7 October 2024.

Key facts

Type
3-bed apartment
Size
1,565 sqft
Floor
4th of 23
Parking
UG-93
Developer
ETA Star Property Developers
Completed
2013
Service charge
AED 21,300 /yr
Last sold
AED 1.14M · October 2024

About 2-402, Centrium Towers 2

2-402 is a three-bedroom apartment of 1,565 sqft on the 4th 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 7 October 2024 for AED 1,140,000, or AED 728 per sqft, 4% above the AED 703 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 13 June 2023, is AED 38,000 a year: a gross yield of 3.3% on the 2024 price, before the service charge of about AED 21,300 a year.

Sales and rents for 2-402 over time

Sales
Unit 2-402, each saleTypical three-bed in Centrium Towers 2
1M2009201420192024Typical sale price by year: 2009 AED 1,195,052; 2015 AED 648,690; 2021 AED 699,065; 2024 AED 1,050,000Sold by developer, September 2009: AED 1,195,052 (AED 763 per sqft)Sold, April 2021: AED 640,000 (AED 408 per sqft)Sold, June 2023: AED 715,000 (AED 456 per sqft)Sold, October 2024: AED 1,140,000 (AED 728 per sqft)

2-402 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2-402, 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 2015: AED 105,000 a yearRenewal, September 2017: AED 105,000 a yearRenewal, September 2018: AED 92,000 a yearRenewal, September 2019: AED 70,000 a yearNew contract, June 2023: AED 38,000 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 2-402 sits

All 18 3-beds →

2-402 last sold in October 2024 at AED 728 per sqft, 4% above what three-beds in Centrium Towers 2 were fetching at the time (AED 703). 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
11 Jun 20241,000,000
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 4th floor

All 120 units in Centrium Towers 2
Value
2-4012-bedAED 900K · Oct 2015

2-402, Centrium Towers 2 in numbers

  • Sold 4 times: first on 17 September 2009 for AED 1,195,052, last on 7 October 2024 for AED 1,140,000 (AED 728 per sqft).
  • Rented since September 2015 on 5 Ejari contracts, from AED 105,000 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2024 price is 3.3%, before a service charge of about AED 21,300 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 7 October 2024.

Questions about 2-402, Centrium Towers 2

What did unit 2-402 last sell for?

AED 1,140,000 on 7 October 2024: AED 728 per sqft for 1,565 sqft. The unit has 4 registered sales; the first was AED 1,195,052 in September 2009.

What is the rent for unit 2-402?

AED 38,000 a year on the contract signed on 13 June 2023. The previous contract, from September 2019, was AED 70,000; the unit has been rented since September 2015.

How big is unit 2-402?

1,565 sqft (145.4 sqm): a three-bedroom apartment on the 4th floor of a 23-storey tower completed in 2013.

What is unit 2-402 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 2-402, Centrium Towers 2

Starts from the last sale price (AED 1.14M, 7 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,140,000
Deposit, UAE resident (20%)
AED 228,000
Deposit, non-resident (40%)
AED 456,000
Monthly over 25 years at 3.7%
AED 4,664

Plus AED 52,890 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →