3-bed · 1,361 sqftCentrium Towers 2, Dubai Production City (IMPZ) · 6th floor · completed 2013

2-602, Centrium Towers 2

Sold prices and rental history: sold twice, last in March 2015, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2-602 · DLD and Ejari recordsUpdated 27 January 2022
Last soldAED 1.24M18 March 2015
Current rentAED 65K /yr27 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2-602, Centrium Towers 2

What is 2-602 worth today?

Last sold for AED 1,235,000 in 2015

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27 Jan 2022RentedNew contract
AED 65,000/yr12 months · AED 48 per sqft
1 Apr 2016RentedNew contract
AED 107,000/yr12 months · AED 79 per sqft
18 Mar 2015SoldReady
AED 1,235,000AED 907 per sqft
24 Feb 2015Sold by developerReady
AED 554,200AED 407 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 27 January 2022.

Key facts

Type
3-bed apartment
Size
1,361 sqft
Floor
6th of 23
Parking
LG-33,34
Developer
ETA Star Property Developers
Completed
2013
Service charge
AED 18,500 /yr
Last sold
AED 1.24M · March 2015

About 2-602, Centrium Towers 2

2-602 is a three-bedroom apartment of 1,361 sqft on the 6th 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 18 March 2015 for AED 1,235,000, or AED 907 per sqft.

It has been rented since 2016 on 2 Ejari contracts. The current contract, signed on 27 January 2022, is AED 65,000 a year: a gross yield of 5.3% on the 2015 price, before the service charge of about AED 18,500 a year.

Sales and rents for 2-602 over time

Sales
Unit 2-602, each saleTypical three-bed in Centrium Towers 2
500K1M20092013201720212025Typical sale price by year: 2009 AED 1,195,052; 2015 AED 648,690; 2021 AED 699,065; 2024 AED 1,050,000Sold by developer, February 2015: AED 554,200 (AED 407 per sqft)Sold, March 2015: AED 1,235,000 (AED 907 per sqft)

2-602 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2-602, each contractTypical three-bed in Centrium Towers 2
50K75K100K2015201820212024Typical 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, April 2016: AED 107,000 a yearNew contract, January 2022: AED 65,000 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 2-602 sits

All 18 3-beds →

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
11 Jun 20241,000,000
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 6th floor

All 120 units in Centrium Towers 2
Value
2-6012-bedAED 407K · May 2015

2-602, Centrium Towers 2 in numbers

  • Sold twice: first on 24 February 2015 for AED 554,200, last on 18 March 2015 for AED 1,235,000 (AED 907 per sqft).
  • Rented since April 2016 on 2 Ejari contracts, from AED 107,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2015 price is 5.3%, 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 27 January 2022.

Questions about 2-602, Centrium Towers 2

What did unit 2-602 last sell for?

AED 1,235,000 on 18 March 2015: AED 907 per sqft for 1,361 sqft. The unit has 2 registered sales; the first was AED 554,200 in February 2015.

What is the rent for unit 2-602?

AED 65,000 a year on the contract signed on 27 January 2022. The previous contract, from April 2016, was AED 107,000.

How big is unit 2-602?

1,361 sqft (126.4 sqm): a three-bedroom apartment on the 6th floor of a 23-storey tower completed in 2013.

What is unit 2-602 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 2-602, Centrium Towers 2

Starts from the last sale price (AED 1.24M, 18 March 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,235,000
Deposit, UAE resident (20%)
AED 247,000
Deposit, non-resident (40%)
AED 494,000
Monthly over 25 years at 3.7%
AED 5,053

Plus AED 56,880 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →