1-bed · 1,254 sqftVarazze Tower, Al Sufouh First · 5th floor

503, 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 503 · DLD and Ejari recordsUpdated 6 March 2013
Last soldAED 2.53M6 March 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Varazze Tower

What is 503 worth today?

Last sold for AED 2,534,175 in 2013

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6 Mar 2013Sold by developerOff-plan
AED 2,534,175AED 2,021 per sqft

Source: Dubai Land Department. Updated 6 March 2013.

Key facts

Type
1-bed apartment
Size
1,254 sqft
Floor
5th of 39
Parking
1
Last sold
AED 2.53M · March 2013

About 503, Varazze Tower

503 is a one-bedroom apartment of 1,254 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 2,534,175, or AED 2,021 per sqft, 35% above the AED 1,499 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 503 over time

Sales
Unit 503, each saleTypical one-bed in Varazze Tower
1M2M2011201420172020Typical 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, March 2013: AED 2,534,175 (AED 2,021 per sqft)

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

1-beds in Varazze Tower, and where 503 sits

All 45 1-beds →

503 last sold in March 2013 at AED 2,021 per sqft, 35% above what one-beds in Varazze Tower were fetching at the time (AED 1,499).

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 5th floor

All 132 units in Varazze Tower
Value
5012-bedAED 3.03M · Mar 2013
5023-bedAED 2.38M · 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

503, Varazze Tower in numbers

  • Sold once: by the developer on 6 March 2013 for AED 2,534,175, or AED 2,021 per sqft.

Source: Dubai Land Department. Updated 6 March 2013.

Questions about 503, Varazze Tower

What did unit 503 last sell for?

AED 2,534,175 on 6 March 2013, sold by the developer: AED 2,021 per sqft for 1,254 sqft. It is the only registered sale of the unit.

How big is unit 503?

1,254 sqft (116.5 sqm): a one-bedroom apartment on the 5th floor of a 39-storey tower.

What is unit 503 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 503, Varazze Tower

Starts from the last sale price (AED 2.53M, 6 March 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,534,175
Deposit, UAE resident (20%)
AED 506,835
Deposit, non-resident (40%)
AED 1,013,670
Monthly over 25 years at 3.7%
AED 10,368

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