2-bed · 2,009 sqftVarazze Tower, Al Sufouh First · 15th floor

1503, Varazze Tower

Sold prices and rental history: sold once, by the developer in November 2011, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1503 · DLD and Ejari recordsUpdated 22 November 2011
Last soldAED 2.5M22 November 2011
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1503, Varazze Tower

What is 1503 worth today?

Last sold for AED 2,503,868 in 2011

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22 Nov 2011Sold by developerOff-plan
AED 2,503,868AED 1,246 per sqft

Source: Dubai Land Department. Updated 22 November 2011.

Key facts

Type
2-bed apartment
Size
2,009 sqft
Floor
15th of 39
Parking
nan
Last sold
AED 2.5M · November 2011

About 1503, Varazze Tower

1503 is a two-bedroom apartment of 2,009 sqft on the 15th floor of Varazze Tower, a 39-storey tower in Al Sufouh First. The developer sold it on 22 November 2011 for AED 2,503,868, or AED 1,246 per sqft, 5% below the AED 1,312 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1503 over time

Sales
Unit 1503, each saleTypical two-bed in Varazze Tower
2M20112013201520172019Typical sale price by year: 2011 AED 2,735,167; 2013 AED 2,965,770; 2015 AED 3,255,168; 2018 AED 967,242Sold by developer, November 2011: AED 2,503,868 (AED 1,246 per sqft)

1503 has sold once; the dashed line is the two-bed median of each year in the building.

2-beds in Varazze Tower, and where 1503 sits

All 38 2-beds →

1503 last sold in November 2011 at AED 1,246 per sqft, 5% below what two-beds in Varazze Tower were fetching at the time (AED 1,312).

Recent 2-bed salesUnit no.Price (AED)Summary
14 Jun 20243,146,706
27 Jan 20191,327,930
27 Jan 20191,892,251
12 Aug 20181,100,000
0 2-bed sales in the last 12 months

Varazze Tower

Building

132 apartments, 1-bed to 5-bed over 39 floors in Al Sufouh First. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
Few contracts
Typical yield
Varazze Tower, Al Sufouh First: prices, sales and rents →

Other units on the 15th floor

All 132 units in Varazze Tower
Value
15014-bedAED 5.02M · Nov 2011
15023-bedAED 1.6M · Jul 2018
15042-bedAED 2.48M · Nov 2011
15052-bedAED 2.97M · Mar 2013
15061-bedAED 1.42M · Mar 2013
15071-bedAED 1.4M · Nov 2011

1503, Varazze Tower in numbers

  • Sold once: by the developer on 22 November 2011 for AED 2,503,868, or AED 1,246 per sqft.

Source: Dubai Land Department. Updated 22 November 2011.

Questions about 1503, Varazze Tower

What did unit 1503 last sell for?

AED 2,503,868 on 22 November 2011, sold by the developer: AED 1,246 per sqft for 2,009 sqft. It is the only registered sale of the unit.

How big is unit 1503?

2,009 sqft (186.6 sqm): a two-bedroom apartment on the 15th floor of a 39-storey tower.

What is unit 1503 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 1503, Varazze Tower

Starts from the last sale price (AED 2.5M, 22 November 2011). Switch to today's estimate once you have unlocked it.
Price
AED 2,503,868
Deposit, UAE resident (20%)
AED 500,774
Deposit, non-resident (40%)
AED 1,001,547
Monthly over 25 years at 3.7%
AED 10,244

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →