1602, Electra
Sold prices and rental history: sold once, by the developer in August 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1602, Electra
What is 1602 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 3 August 2024.
Key facts
- Type
- Studio apartment
- Size
- 408 sqft
- Floor
- 16th of 32
- Parking
- 1
- Developer
- Acube Real Estate Development
- Last sold
- AED 756K · August 2024
- Building
- Electra
About 1602, Electra
1602 is a studio of 408 sqft on the 16th floor of Electra, a 32-storey tower in Jumeirah Village Circle (JVC) by Acube Real Estate Development. The developer sold it on 3 August 2024 for AED 755,944, or AED 1,853 per sqft, 4% above the AED 1,781 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1602 over time
1602 has sold once; the dashed line is the studio median of each year in the building.
Studios in Electra, and where 1602 sits
All 69 studios →1602 last sold in August 2024 at AED 1,853 per sqft, 4% above what studios in Electra were fetching at the time (AED 1,781).
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Jul 202514 July 2025 | 452 sqft | 825,190 | 1,827 | ||
| 10 Jul 202510 July 2025 | 408 sqft | 714,274 | 1,751 | ||
| 9 Jun 20259 June 2025 | 518 sqft | 864,820 | 1,669 | ||
| 26 May 202526 May 2025 | 452 sqft | 849,937 | 1,881 |
Electra
Building177 apartments, studios to 3-bed over 32 floors in Jumeirah Village Circle (JVC) by Acube Real Estate Development. 4 sold in the last 12 months.
- Typical price per sqft
- AED 1,477
- Typical sale
- AED 1.48M
- Typical rent
- Few contracts
- Typical yield
Other units on the 16th floor
All 177 units in Electra| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | Studio | 452 sqft | AED 821KAED 820,619 · Jul 2024July 2024 | ||
| 1603 | Studio | 518 sqft | AED 942KAED 942,168 · Oct 2024October 2024 | ||
| 1604 | 2-bed | 1,097 sqft | AED 1.64MAED 1,640,046 · Aug 2024August 2024 | ||
| 1605 | 1-bed | 894 sqft | AED 1.27MAED 1,268,430 · Oct 2024October 2024 | ||
| 1606 | 1-bed | 741 sqft | AED 1.17MAED 1,167,796 · Aug 2024August 2024 | ||
| 1607 | 1-bed | 893 sqft | AED 1.32MAED 1,324,026 · Nov 2024November 2024 | ||
| 1608 | 1-bed | 894 sqft | AED 1.26MAED 1,255,549 · Oct 2024October 2024 |
1602, Electra in numbers
- Sold once: by Acube Real Estate Development on 3 August 2024 for AED 755,944, or AED 1,853 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 3 August 2024.
Questions about 1602, Electra
What did unit 1602 last sell for?
AED 755,944 on 3 August 2024, sold by the developer: AED 1,853 per sqft for 408 sqft. It is the only registered sale of the unit.
How big is unit 1602?
408 sqft (37.9 sqm): a studio on the 16th floor of a 32-storey tower.
What is unit 1602 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 1602, Electra
Starts from the last sale price (AED 756K, 3 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 755,944
- Deposit, UAE resident (20%)
- AED 151,189
- Deposit, non-resident (40%)
- AED 302,378
- Monthly over 25 years at 3.7%
- AED 3,093
Plus AED 36,760 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →