3-bed · 5,838 sqftVarazze Tower, Al Sufouh First · 5th floor

504, Varazze Tower

Sold prices and rental history: sold twice, last in February 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 3 February 2016
Last soldAED 6.83M3 February 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Varazze Tower

What is 504 worth today?

Last sold for AED 6,830,039 in 2016

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3 Feb 2016SoldOff-plan
AED 6,830,039AED 1,169 per sqft
6 Mar 2013Sold by developerOff-plan
AED 2,266,793AED 388 per sqft

Source: Dubai Land Department. Updated 3 February 2016.

Key facts

Type
3-bed apartment
Size
5,838 sqft
Floor
5th of 39
Parking
1
Last sold
AED 6.83M · February 2016

About 504, Varazze Tower

504 is a three-bedroom apartment of 5,838 sqft on the 5th floor of Varazze Tower, a 39-storey tower in Al Sufouh First. It last sold on 3 February 2016 for AED 6,830,039, or AED 1,169 per sqft, 67% above the AED 700 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 504 over time

Sales
Unit 504, each saleTypical three-bed in Varazze Tower
2.5M5M7.5M2011201520192023Typical sale price by year: 2011 AED 5,045,000; 2013 AED 1,931,554; 2015 AED 1,940,512; 2016 AED 6,636,329; 2018 AED 1,600,000; 2019 AED 1,932,902; 2025 AED 2,079,090Sold by developer, March 2013: AED 2,266,793 (AED 388 per sqft)Sold, February 2016: AED 6,830,039 (AED 1,169 per sqft)

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

3-beds in Varazze Tower, and where 504 sits

All 37 3-beds →

504 last sold in February 2016 at AED 1,169 per sqft, 67% above what three-beds in Varazze Tower were fetching at the time (AED 700).

Recent 3-bed salesUnit no.Price (AED)Summary
5 Aug 20252,070,923
5 Aug 20253,199,553
5 Aug 20253,056,453
8 Jul 20252,079,090
0 3-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
5031-bedAED 2.53M · Mar 2013
5052-bedAED 3.56M · Mar 2013
5061-bedAED 2.85M · Mar 2013
5071-bedAED 2.74M · Mar 2013

504, Varazze Tower in numbers

  • Sold twice: first on 6 March 2013 for AED 2,266,793, last on 3 February 2016 for AED 6,830,039 (AED 1,169 per sqft).

Source: Dubai Land Department. Updated 3 February 2016.

Questions about 504, Varazze Tower

What did unit 504 last sell for?

AED 6,830,039 on 3 February 2016: AED 1,169 per sqft for 5,838 sqft. The unit has 2 registered sales; the first was AED 2,266,793 in March 2013.

How big is unit 504?

5,838 sqft (542.4 sqm): a three-bedroom apartment on the 5th floor of a 39-storey tower.

What is unit 504 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 504, Varazze Tower

Starts from the last sale price (AED 6.83M, 3 February 2016). Switch to today's estimate once you have unlocked it.
Price
AED 6,830,039
Deposit, UAE resident (20%)
AED 1,366,008
Deposit, non-resident (40%)
AED 2,732,016
Monthly over 25 years at 3.7%
AED 27,944

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