1-bed · 1,243 sqftVarazze Tower, Al Sufouh First · 15th floor

1507, 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 1507 · DLD and Ejari recordsUpdated 22 November 2011
Last soldAED 1.4M22 November 2011
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1507, Varazze Tower

What is 1507 worth today?

Last sold for AED 1,400,880 in 2011

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22 Nov 2011Sold by developerOff-plan
AED 1,400,880AED 1,126 per sqft

Source: Dubai Land Department. Updated 22 November 2011.

Key facts

Type
1-bed apartment
Size
1,243 sqft
Floor
15th of 39
Parking
nan
Last sold
AED 1.4M · November 2011

About 1507, Varazze Tower

1507 is a one-bedroom apartment of 1,243 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 1,400,880, or AED 1,126 per sqft, 13% below the AED 1,298 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1507 over time

Sales
Unit 1507, each saleTypical one-bed in Varazze Tower
1M1.5M2011201420172020Typical sale price by year: 2011 AED 1,400,880; 2013 AED 1,421,048; 2015 AED 1,171,544; 2018 AED 703,524; 2019 AED 910,003Sold by developer, November 2011: AED 1,400,880 (AED 1,126 per sqft)

1507 has sold once; the dashed line is the one-bed median of each year in the building.

1-beds in Varazze Tower, and where 1507 sits

All 45 1-beds →

1507 last sold in November 2011 at AED 1,126 per sqft, 13% below what one-beds in Varazze Tower were fetching at the time (AED 1,298).

Recent 1-bed salesUnit no.Price (AED)Summary
11 Nov 2019703,524
11 Nov 2019910,003
17 Apr 2019804,024
27 Jan 2019980,870
0 1-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
15032-bedAED 2.5M · Nov 2011
15042-bedAED 2.48M · Nov 2011
15052-bedAED 2.97M · Mar 2013
15061-bedAED 1.42M · Mar 2013

1507, Varazze Tower in numbers

  • Sold once: by the developer on 22 November 2011 for AED 1,400,880, or AED 1,126 per sqft.

Source: Dubai Land Department. Updated 22 November 2011.

Questions about 1507, Varazze Tower

What did unit 1507 last sell for?

AED 1,400,880 on 22 November 2011, sold by the developer: AED 1,126 per sqft for 1,243 sqft. It is the only registered sale of the unit.

How big is unit 1507?

1,243 sqft (115.5 sqm): a one-bedroom apartment on the 15th floor of a 39-storey tower.

What is unit 1507 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 1507, Varazze Tower

Starts from the last sale price (AED 1.4M, 22 November 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,880
Deposit, UAE resident (20%)
AED 280,176
Deposit, non-resident (40%)
AED 560,352
Monthly over 25 years at 3.7%
AED 5,731

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