1-bed · 839 sqftVerve Tower A, Al Wasl · 7th floor · completed 2028

701, Verve Tower A

Sold prices and rental history: sold once, by the developer in August 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 14 August 2024
Last soldAED 2.55M14 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Verve Tower A

What is 701 worth today?

Last sold for AED 2,546,000 in 2024

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14 Aug 2024Sold by developerOff-plan
AED 2,546,000AED 3,032 per sqft

Source: Dubai Land Department. Updated 14 August 2024.

Key facts

Type
1-bed apartment
Size
839 sqft
Floor
7th of 35
Parking
1
Developer
Meraas
Completed
2028
Last sold
AED 2.55M · August 2024

About 701, Verve Tower A

701 is a one-bedroom apartment of 839 sqft on the 7th floor of Verve Tower A, a 35-storey tower in Al Wasl completed in 2028 by Meraas. The developer sold it on 14 August 2024 for AED 2,546,000, or AED 3,032 per sqft, in line with the AED 3,105 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

1-beds in Verve Tower A, and where 701 sits

All 64 1-beds →

701 last sold in August 2024 at AED 3,032 per sqft, in line with what one-beds in Verve Tower A were fetching at the time (AED 3,105). Over the last 12 months one-beds sold for AED 2,662,000, around AED 3,130 per sqft.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Sep 20262,662,000
7 May 20252,835,000
29 Oct 20242,582,000
24 Oct 20242,663,000
1 1-bed sale in the last 12 months

Verve Tower A

Building

208 apartments, 1-bed to 5-bed over 35 floors in Al Wasl, completed in 2028 by Meraas. 6 sold in the last 12 months.

Typical price per sqft
AED 3,186
Typical sale
AED 3.93M
Typical rent
Few contracts
Typical yield
Verve Tower A, Al Wasl: prices, sales and rents →

Other units on the 7th floor

All 208 units in Verve Tower A
Value
7021-bedAED 2.55M · Aug 2024
7032-bedAED 3.35M · Aug 2024
7042-bedAED 3.28M · Aug 2024
7052-bedAED 4.25M · Aug 2024
7061-bedAED 2.55M · Aug 2024
7071-bedAED 2.55M · Aug 2024
7082-bedAED 3.35M · Sep 2024
1–7 of 8

701, Verve Tower A in numbers

  • Sold once: by Meraas on 14 August 2024 for AED 2,546,000, or AED 3,032 per sqft.
  • One-beds in Verve Tower A sold for AED 2,662,000–2,662,000 in the 12 months to November 2026; the building's median across all types is AED 3,186 per sqft.

Source: Dubai Land Department. Updated 14 August 2024.

Questions about 701, Verve Tower A

What did unit 701 last sell for?

AED 2,546,000 on 14 August 2024, sold by the developer: AED 3,032 per sqft for 839 sqft. It is the only registered sale of the unit.

How big is unit 701?

839 sqft (77.9 sqm): a one-bedroom apartment on the 7th floor of a 35-storey tower completed in 2028.

What is unit 701 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Verve Tower A sold for AED 2,662,000 to 2,662,000 in the last 12 months, around AED 3,130 per sqft.

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Mortgage on 701, Verve Tower A

Starts from the last sale price (AED 2.55M, 14 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,546,000
Deposit, UAE resident (20%)
AED 509,200
Deposit, non-resident (40%)
AED 1,018,400
Monthly over 25 years at 3.7%
AED 10,416

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