2-bed · 2,142 sqftWorld Trade Centre Residence, Trade Center Second · 1st floor · completed 2008

122, World Trade Centre Residence

Sold prices and rental history: sold twice, last in May 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 122 · DLD and Ejari recordsUpdated 1 May 2024
Last soldAED 2.4M1 May 2024
Current rentAED 175K /yr1 August 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 122, World Trade Centre Residence

What is 122 worth today?

Last sold for AED 2,400,000 in 2024

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1 May 2024SoldReady
AED 2,400,000AED 1,120 per sqft
1 Aug 2019RentedRenewal
AED 175,000/yr12 months · AED 82 per sqft
1 Aug 2018RentedNew contract
AED 175,000/yr12 months · AED 82 per sqft
1 Aug 2017RentedRenewal
AED 184,000/yr12 months · AED 86 per sqft
1 Aug 2016RentedRenewal
AED 184,000/yr12 months · AED 86 per sqft
9 Aug 2009Sold by developerReady
AED 1,203,000AED 561 per sqft

Source: Dubai Land Department. Updated 1 May 2024.

Key facts

Type
2-bed apartment
Size
2,142 sqft
Floor
1st of 39
Parking
B2-200
Developer
Jumeirah Group
Completed
2008
Service charge
AED 72,800 /yr
Last sold
AED 2.4M · May 2024

About 122, World Trade Centre Residence

122 is a two-bedroom apartment of 2,142 sqft on the 1st floor of World Trade Centre Residence, a 39-storey tower in Trade Center Second completed in 2008 by Jumeirah Group. It last sold on 1 May 2024 for AED 2,400,000, or AED 1,120 per sqft, 10% below the AED 1,241 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, renewed on 1 August 2019, is AED 175,000 a year: a gross yield of 7.3% on the 2024 price, before the service charge of about AED 72,800 a year.

Sales and rents for 122 over time

Sales
Unit 122, each saleTypical two-bed in World Trade Centre Residence
2M2008201320182023Typical sale price by year: 2008 AED 2,986,450; 2009 AED 2,894,700; 2010 AED 1,981,000; 2011 AED 1,600,000; 2012 AED 2,250,000; 2013 AED 2,950,000; 2014 AED 3,550,000; 2015 AED 2,900,000; 2016 AED 2,406,000; 2017 AED 2,672,350; 2018 AED 1,780,000; 2019 AED 2,050,000; 2021 AED 1,512,092; 2022 AED 2,100,000; 2023 AED 2,181,000; 2024 AED 2,787,500; 2025 AED 2,500,000; 2026 AED 3,100,000Sold by developer, August 2009: AED 1,203,000 (AED 561 per sqft)Sold, May 2024: AED 2,400,000 (AED 1,120 per sqft)

122 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 122, each contractTypical two-bed in World Trade Centre Residence
150K200K2012201620202024Typical rent by year: 2012 AED 141,750; 2013 AED 170,000; 2014 AED 200,000; 2015 AED 200,000; 2016 AED 190,000; 2017 AED 175,000; 2018 AED 150,000; 2019 AED 150,000; 2020 AED 132,000; 2021 AED 125,000; 2022 AED 140,000; 2023 AED 160,000; 2024 AED 172,500; 2025 AED 180,000; 2026 AED 185,000Renewal, August 2016: AED 184,000 a yearRenewal, August 2017: AED 184,000 a yearNew contract, August 2018: AED 175,000 a yearRenewal, August 2019: AED 175,000 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 World Trade Centre Residence, and where 122 sits

All 166 2-beds →

122 last sold in May 2024 at AED 1,120 per sqft, 10% below what two-beds in World Trade Centre Residence were fetching at the time (AED 1,241). Over the last 12 months two-beds sold for AED 1,900,000 to 3,600,000, around AED 1,521 per sqft, and rent for AED 79,200 to 250,000 a year. 122's AED 175,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
18 Feb 20263,275,000
2 Feb 20263,450,000
27 Jan 20263,100,000
13 Jan 20262,700,000
11 2-bed sales in the last 12 months

World Trade Centre Residence

Building

364 apartments, 1-bed to 5-bed over 39 floors in Trade Center Second, completed in 2008 by Jumeirah Group. 13 sold in the last 12 months.

Typical price per sqft
AED 1,520 Up 3.5%
Typical sale
AED 3.2M
Typical rent
AED 170K /yr
Typical yield
6.7%
World Trade Centre Residence, Trade Center Second: prices, sales and rents →
Value
1014-bedAED 2.25M · Jul 2017
1024-bedAED 4.1M · Apr 2023
103AED 3.55M · Sep 2024
1044-bedAED 3.53M · Dec 2024
1054-bedAED 2.3M · Mar 2012
1062-bedAED 2.5M · Apr 2023
107AED 4.95M · Sep 2025
1–7 of 20

122, World Trade Centre Residence in numbers

  • Sold twice: first on 9 August 2009 for AED 1,203,000, last on 1 May 2024 for AED 2,400,000 (AED 1,120 per sqft).
  • Rented since August 2016 on 4 Ejari contracts, from AED 184,000 to AED 175,000 a year.
  • At AED 175,000 a year the gross yield on the 2024 price is 7.3%, before a service charge of about AED 72,800 a year (AED 33.98 per sqft).
  • Two-beds in World Trade Centre Residence sold for AED 1,900,000–3,600,000 in the 12 months to November 2026; the building's median across all types is AED 1,520 per sqft.

Source: Dubai Land Department. Updated 1 May 2024.

Questions about 122, World Trade Centre Residence

What did unit 122 last sell for?

AED 2,400,000 on 1 May 2024: AED 1,120 per sqft for 2,142 sqft. The unit has 2 registered sales; the first was AED 1,203,000 in August 2009.

What is the rent for unit 122?

AED 175,000 a year on the contract renewed on 1 August 2019. The previous contract, from August 2018, was AED 175,000; the unit has been rented since August 2016.

How big is unit 122?

2,142 sqft (199.0 sqm): a two-bedroom apartment on the 1st floor of a 39-storey tower completed in 2008.

What is unit 122 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in World Trade Centre Residence sold for AED 1,900,000 to 3,600,000 in the last 12 months, around AED 1,521 per sqft.

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Mortgage on 122, World Trade Centre Residence

Starts from the last sale price (AED 2.4M, 1 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

Plus AED 105,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →