2-bed · 1,199 sqftWilton Terraces 2, Sobha Hartland · 7th floor · completed 2022

II-703, Wilton Terraces 2

Sold prices and rental history: sold once, by the developer in February 2020, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit II-703 · DLD and Ejari recordsUpdated 14 March 2024
Last soldAED 1.51M12 February 2020
Current rentAED 105K /yr14 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for II-703, Wilton Terraces 2

What is II-703 worth today?

Last sold for AED 1,507,828 in 2020

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14 Mar 2024RentedRenewal
AED 105,000/yr18 months · AED 88 per sqft
14 Sep 2023RentedNew contract
AED 95,000/yr6 months · AED 79 per sqft
15 Sep 2022RentedNew contract
AED 95,000/yr12 months · AED 80 per sqft
12 Feb 2020Sold by developerOff-plan
AED 1,507,828AED 1,257 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 14 March 2024.

Key facts

Type
2-bed apartment
Size
1,199 sqft
Floor
7th of 12
Parking
G-74
Developer
Ellington Properties Development
Completed
2022
Service charge
AED 24,500 /yr
Last sold
AED 1.51M · February 2020

About II-703, Wilton Terraces 2

II-703 is a two-bedroom apartment of 1,199 sqft on the 7th floor of Wilton Terraces 2, a 12-storey tower in Sobha Hartland completed in 2022 by Ellington Properties Development. The developer sold it on 12 February 2020 for AED 1,507,828, or AED 1,257 per sqft, in line with the AED 1,241 two-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 14 March 2024, is AED 105,000 a year: a gross yield of 7.0% on the 2020 price, before the service charge of about AED 24,500 a year.

Sales and rents for II-703 over time

Sales
Unit II-703, each saleTypical two-bed in Wilton Terraces 2
1.5M2M2.5M2018202120242027Typical sale price by year: 2018 AED 1,533,828; 2019 AED 1,506,328; 2020 AED 1,541,328; 2021 AED 1,556,328; 2022 AED 1,570,828; 2023 AED 1,850,000; 2024 AED 2,200,000; 2026 AED 2,490,000Sold by developer, February 2020: AED 1,507,828 (AED 1,257 per sqft)

II-703 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit II-703, each contractTypical two-bed in Wilton Terraces 2
100K120K140K20222023202420252026Typical rent by year: 2022 AED 105,000; 2023 AED 115,000; 2024 AED 125,000; 2025 AED 134,250New contract, September 2022: AED 95,000 a yearNew contract, September 2023: AED 95,000 a yearRenewal, March 2024: AED 105,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Wilton Terraces 2, and where II-703 sits

All 47 2-beds →

II-703 last sold in February 2020 at AED 1,257 per sqft, in line with what two-beds in Wilton Terraces 2 were fetching at the time (AED 1,241). Over the last 12 months two-beds sold for AED 2,330,000 to 2,500,000, around AED 2,012 per sqft, and rent for AED 140,000 to 198,930 a year. II-703's AED 105,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
18 Feb 20262,500,000
30 Jan 20262,490,000
16 Jan 20262,330,000
1 Jul 20252,575,000
3 2-bed sales in the last 12 months

Wilton Terraces 2

Building

143 apartments, 1-bed to 2-bed over 12 floors in Sobha Hartland, completed in 2022 by Ellington Properties Development. 10 sold in the last 12 months.

Typical price per sqft
AED 1,936 Up 0.3%
Typical sale
AED 1.6M
Typical rent
AED 120K /yr
Typical yield
6.5%
Wilton Terraces 2, Sobha Hartland: prices, sales and rents →

Other units on the 7th floor

All 143 units in Wilton Terraces 2
Value
II-7011-bedAED 1.05M · May 2018
II-7021-bedAED 1.51M · Jun 2022
II-704AED 2.1M · Oct 2023
II-7051-bedAED 1.07M · Jan 2020
II-7061-bedAED 1.03M · Mar 2018
II-7071-bedAED 1.11M · Mar 2018
II-7081-bedAED 1.28M · Oct 2023
1–7 of 11

II-703, Wilton Terraces 2 in numbers

  • Sold once: by Ellington Properties Development on 12 February 2020 for AED 1,507,828, or AED 1,257 per sqft.
  • Rented since September 2022 on 3 Ejari contracts, from AED 95,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2020 price is 7.0%, before a service charge of about AED 24,500 a year (AED 20.44 per sqft).
  • Two-beds in Wilton Terraces 2 sold for AED 2,330,000–2,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,936 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 14 March 2024.

Questions about II-703, Wilton Terraces 2

What did unit II-703 last sell for?

AED 1,507,828 on 12 February 2020, sold by the developer: AED 1,257 per sqft for 1,199 sqft. It is the only registered sale of the unit.

What is the rent for unit II-703?

AED 105,000 a year on the contract renewed on 14 March 2024. The previous contract, from September 2023, was AED 95,000; the unit has been rented since September 2022.

How big is unit II-703?

1,199 sqft (111.4 sqm): a two-bedroom apartment on the 7th floor of a 12-storey tower completed in 2022.

What is unit II-703 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Wilton Terraces 2 sold for AED 2,330,000 to 2,500,000 in the last 12 months, around AED 2,012 per sqft.

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Mortgage on II-703, Wilton Terraces 2

Starts from the last sale price (AED 1.51M, 12 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,507,828
Deposit, UAE resident (20%)
AED 301,566
Deposit, non-resident (40%)
AED 603,131
Monthly over 25 years at 3.7%
AED 6,169

Plus AED 68,339 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →