505, 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.
Property timeline for 505, Varazze Tower
What is 505 worth today?
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Source: Dubai Land Department. Updated 6 March 2013.
Key facts
- Type
- 2-bed apartment
- Size
- 1,382 sqft
- Floor
- 5th of 39
- Parking
- 1
- Last sold
- AED 3.56M · March 2013
- Building
- Varazze Tower
About 505, Varazze Tower
505 is a two-bedroom apartment of 1,382 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 3,556,973, or AED 2,574 per sqft, 92% above 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 505 over time
505 has sold once; the dashed line is the two-bed median of each year in the building.
2-beds in Varazze Tower, and where 505 sits
All 38 2-beds →505 last sold in March 2013 at AED 2,574 per sqft, 92% above what two-beds in Varazze Tower were fetching at the time (AED 1,342).
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Jun 202414 June 2024 | 2,222 sqft | 3,146,706 | 1,415 | ||
| 27 Jan 201927 January 2019 | 1,328 sqft | 1,327,930 | 1,000 | ||
| 27 Jan 201927 January 2019 | 2,107 sqft | 1,892,251 | 898 | ||
| 12 Aug 201812 August 2018 | 1,382 sqft | 1,100,000 | 796 |
Varazze Tower
Building132 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
Other units on the 5th floor
All 132 units in Varazze Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 2,256 sqft | AED 3.03MAED 3,027,533 · Mar 2013March 2013 | ||
| 502 | 3-bed | 2,563 sqft | AED 2.38MAED 2,377,883 · Mar 2013March 2013 | ||
| 503 | 1-bed | 1,254 sqft | AED 2.53MAED 2,534,175 · Mar 2013March 2013 | ||
| 504 | 3-bed | 5,838 sqft | AED 6.83MAED 6,830,039 · Feb 2016February 2016 | ||
| 506 | 1-bed | 948 sqft | AED 2.85MAED 2,847,983 · Mar 2013March 2013 | ||
| 507 | 1-bed | 802 sqft | AED 2.74MAED 2,742,143 · Mar 2013March 2013 |
505, Varazze Tower in numbers
- Sold once: by the developer on 6 March 2013 for AED 3,556,973, or AED 2,574 per sqft.
Source: Dubai Land Department. Updated 6 March 2013.
Questions about 505, Varazze Tower
What did unit 505 last sell for?
AED 3,556,973 on 6 March 2013, sold by the developer: AED 2,574 per sqft for 1,382 sqft. It is the only registered sale of the unit.
How big is unit 505?
1,382 sqft (128.4 sqm): a two-bedroom apartment on the 5th floor of a 39-storey tower.
What is unit 505 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 505, Varazze Tower
Starts from the last sale price (AED 3.56M, 6 March 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 3,556,973
- Deposit, UAE resident (20%)
- AED 711,395
- Deposit, non-resident (40%)
- AED 1,422,789
- Monthly over 25 years at 3.7%
- AED 14,553
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →