3301, Tamweel Tower
Sold prices and rental history: sold twice, last in December 2016, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3301, Tamweel Tower
What is 3301 worth today?
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Source: Dubai Land Department. Updated 1 September 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 2,849 sqft
- Floor
- 33rd of 33
- Parking
- B2-32,B2-33
- Developer
- Orient Insurance PJSC
- Completed
- 2016
- Service charge
- AED 39,100 /yr
- Last sold
- AED 3.2M · December 2016
- Building
- Tamweel Tower
About 3301, Tamweel Tower
3301 is a three-bedroom apartment of 2,849 sqft on the 33rd floor of Tamweel Tower, a 33-storey tower in Jumeirah Lake Towers (JLT) completed in 2016 by Orient Insurance PJSC. It last sold on 18 December 2016 for AED 3,200,000, or AED 1,123 per sqft.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 1 September 2024, is AED 500,000 a year: a gross yield of 15.6% on the 2016 price, before the service charge of about AED 39,100 a year.
Sales and rents for 3301 over time
3301 has sold twice; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Tamweel Tower, and where 3301 sits
All 28 3-beds →| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Apr 202426 April 2024 | 2,849 sqft | 4,500,000 | 1,579 | ||
| 28 Jul 202328 July 2023 | 2,870 sqft | 4,000,000 | 1,393 | ||
| 24 Jul 202324 July 2023 | 2,870 sqft | 3,725,000 | 1,297 | ||
| 12 Apr 202312 April 2023 | 2,870 sqft | 3,000,000 | 1,045 |
Tamweel Tower
Building160 apartments, 2-bed to 3-bed over 33 floors in Jumeirah Lake Towers (JLT), completed in 2016 by Orient Insurance PJSC. 7 sold in the last 12 months.
- Typical price per sqft
- AED 1,482
- Typical sale
- AED 3M
- Typical rent
- AED 165K /yr
- Typical yield
- 5.7%
Other units on the 33rd floor
All 160 units in Tamweel Tower3301, Tamweel Tower in numbers
- Sold twice: first on 6 September 2009 for AED 1,002,657, last on 18 December 2016 for AED 3,200,000 (AED 1,123 per sqft).
- Rented since September 2017 on 7 Ejari contracts. The rent fell from AED 200,000 to AED 178,000 in 2020 and recovered to AED 500,000 by September 2024.
- At AED 500,000 a year the gross yield on the 2016 price is 15.6%, before a service charge of about AED 39,100 a year (AED 13.74 per sqft).
Source: Dubai Land Department. Updated 1 September 2024.
Questions about 3301, Tamweel Tower
What did unit 3301 last sell for?
AED 3,200,000 on 18 December 2016: AED 1,123 per sqft for 2,849 sqft. The unit has 2 registered sales; the first was AED 1,002,657 in September 2009.
What is the rent for unit 3301?
AED 500,000 a year on the contract renewed on 1 September 2024. The previous contract, from September 2023, was AED 400,000; the unit has been rented since September 2017.
How big is unit 3301?
2,849 sqft (264.7 sqm): a three-bedroom apartment on the 33rd floor of a 33-storey tower completed in 2016.
What is unit 3301 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 3301, Tamweel Tower
Starts from the last sale price (AED 3.2M, 18 December 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 3,200,000
- Deposit, UAE resident (20%)
- AED 640,000
- Deposit, non-resident (40%)
- AED 1,280,000
- Monthly over 25 years at 3.7%
- AED 13,092
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →