2-bed · 2,256 sqftVarazze Tower, Al Sufouh First · 5th floor

501, Varazze Tower

Sold prices and rental history: sold once, by the developer in March 2013, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 6 March 2013
Last soldAED 3.03M6 March 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Varazze Tower

What is 501 worth today?

Last sold for AED 3,027,533 in 2013

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6 Mar 2013Sold by developerOff-plan
AED 3,027,533AED 1,342 per sqft

Source: Dubai Land Department. Updated 6 March 2013.

Key facts

Type
2-bed apartment
Size
2,256 sqft
Floor
5th of 39
Parking
1
Last sold
AED 3.03M · March 2013

About 501, Varazze Tower

501 is a two-bedroom apartment of 2,256 sqft on the 5th floor of Varazze Tower, a 39-storey tower in Al Sufouh First. The developer sold it on 6 March 2013 for AED 3,027,533, or AED 1,342 per sqft, in line with the AED 1,342 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 501 over time

Sales
Unit 501, 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, March 2013: AED 3,027,533 (AED 1,342 per sqft)

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

2-beds in Varazze Tower, and where 501 sits

All 38 2-beds →

501 last sold in March 2013 at AED 1,342 per sqft, in line with what two-beds in Varazze Tower were fetching at the time (AED 1,342).

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 5th floor

All 132 units in Varazze Tower
Value
5023-bedAED 2.38M · Mar 2013
5031-bedAED 2.53M · Mar 2013
5043-bedAED 6.83M · Feb 2016
5052-bedAED 3.56M · Mar 2013
5061-bedAED 2.85M · Mar 2013
5071-bedAED 2.74M · Mar 2013

501, Varazze Tower in numbers

  • Sold once: by the developer on 6 March 2013 for AED 3,027,533, or AED 1,342 per sqft.

Source: Dubai Land Department. Updated 6 March 2013.

Questions about 501, Varazze Tower

What did unit 501 last sell for?

AED 3,027,533 on 6 March 2013, sold by the developer: AED 1,342 per sqft for 2,256 sqft. It is the only registered sale of the unit.

How big is unit 501?

2,256 sqft (209.6 sqm): a two-bedroom apartment on the 5th floor of a 39-storey tower.

What is unit 501 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 501, Varazze Tower

Starts from the last sale price (AED 3.03M, 6 March 2013). Switch to today's estimate once you have unlocked it.
Price
AED 3,027,533
Deposit, UAE resident (20%)
AED 605,507
Deposit, non-resident (40%)
AED 1,211,013
Monthly over 25 years at 3.7%
AED 12,387

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