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2-bed · 1,328 sqftVarazze Tower, Al Sufouh First · 6th floor

601, Varazze Tower

Sold prices and rental history: sold twice, last in July 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 601 · DLD and Ejari recordsUpdated 25 July 2018
Last soldAED 1M25 July 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 601, Varazze Tower

What is 601 worth today?

Last sold for AED 1,000,000 in 2018

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25 Jul 2018SoldOff-plan
AED 1,000,000AED 753 per sqft
16 Jul 2018Sold by developerOff-plan
AED 929,493AED 700 per sqft

Source: Dubai Land Department. Updated 25 July 2018.

Key facts

Type
2-bed apartment
Size
1,328 sqft
Floor
6th of 39
Parking
1
Last sold
AED 1M · July 2018
Building
Varazze Tower

About 601, Varazze Tower

601 is a two-bedroom apartment of 1,328 sqft on the 6th floor of Varazze Tower, a 39-storey tower in Al Sufouh First. It last sold on 25 July 2018 for AED 1,000,000, or AED 753 per sqft, 8% above the AED 700 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 601 over time

Sales
Unit 601, each saleTypical two-bed in Varazze Tower
2M201120142017Typical sale price by year: 2011 AED 2,735,167; 2013 AED 2,965,770; 2015 AED 3,255,168; 2018 AED 967,242Sold, July 2018: AED 1,000,000 (AED 753 per sqft)Sold by developer, July 2018: AED 929,493 (AED 700 per sqft)

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

2-beds in Varazze Tower, and where 601 sits

All 38 2-beds →

601 last sold in July 2018 at AED 753 per sqft, 8% above what two-beds in Varazze Tower were fetching at the time (AED 700).

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 6th floor

All 132 units in Varazze Tower
Value
6043-bedAED 1.94M · Mar 2015

601, Varazze Tower in numbers

  • Sold twice: first on 16 July 2018 for AED 929,493, last on 25 July 2018 for AED 1,000,000 (AED 753 per sqft).

Source: Dubai Land Department. Updated 25 July 2018.

Questions about 601, Varazze Tower

What did unit 601 last sell for?

AED 1,000,000 on 25 July 2018: AED 753 per sqft for 1,328 sqft. The unit has 2 registered sales; the first was AED 929,493 in July 2018.

How big is unit 601?

1,328 sqft (123.4 sqm): a two-bedroom apartment on the 6th floor of a 39-storey tower.

What is unit 601 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 601, Varazze Tower

Starts from the last sale price (AED 1M, 25 July 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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