1-bed · 788 sqftVerve Tower B, Al Wasl · 12th floor · completed 2028

1206, Verve Tower B

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 1206 · DLD and Ejari recordsUpdated 19 August 2024
Last soldAED 2.17M19 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1206, Verve Tower B

What is 1206 worth today?

Last sold for AED 2,174,000 in 2024

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19 Aug 2024Sold by developerOff-plan
AED 2,174,000AED 2,758 per sqft

Source: Dubai Land Department. Updated 19 August 2024.

Key facts

Type
1-bed apartment
Size
788 sqft
Floor
12th of 28
Parking
1
Developer
Meraas
Completed
2028
Last sold
AED 2.17M · August 2024

About 1206, Verve Tower B

1206 is a one-bedroom apartment of 788 sqft on the 12th floor of Verve Tower B, a 28-storey tower in Al Wasl completed in 2028 by Meraas. The developer sold it on 19 August 2024 for AED 2,174,000, or AED 2,758 per sqft, 11% below the AED 3,095 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1206 over time

Sales
Unit 1206, each saleTypical one-bed in Verve Tower B
2.5M3M2024202520262027Typical sale price by year: 2024 AED 2,546,000; 2025 AED 3,058,500; 2026 AED 2,546,500Sold by developer, August 2024: AED 2,174,000 (AED 2,758 per sqft)

1206 has sold once; the dashed line is the one-bed median of each year in the building.

1-beds in Verve Tower B, and where 1206 sits

All 125 1-beds →

1206 last sold in August 2024 at AED 2,758 per sqft, 11% below what one-beds in Verve Tower B were fetching at the time (AED 3,095). Over the last 12 months one-beds sold for AED 2,250,000 to 2,600,000, around AED 3,053 per sqft.

Recent 1-bed salesUnit no.Price (AED)Summary
21 Oct 20262,559,000
3 Jul 20262,534,000
11 May 20262,600,000
26 Feb 20262,250,000
4 1-bed sales in the last 12 months

Verve Tower B

Building

228 apartments, 1-bed to 4-bed over 28 floors in Al Wasl, completed in 2028 by Meraas. 7 sold in the last 12 months.

Typical price per sqft
AED 3,038
Typical sale
AED 2.6M
Typical rent
Few contracts
Typical yield
Verve Tower B, Al Wasl: prices, sales and rents →

Other units on the 12th floor

All 228 units in Verve Tower B
Value
12012-bedAED 4.31M · Sep 2024
12021-bedAED 2.58M · Aug 2024
12031-bedAED 2.58M · Aug 2024
12042-bedAED 3.39M · Aug 2024
12051-bedAED 2.17M · Aug 2024
12072-bedAED 3.4M · Aug 2024
12081-bedAED 2.58M · Jul 2024
1–7 of 10

1206, Verve Tower B in numbers

  • Sold once: by Meraas on 19 August 2024 for AED 2,174,000, or AED 2,758 per sqft.
  • One-beds in Verve Tower B sold for AED 2,250,000–2,600,000 in the 12 months to November 2026; the building's median across all types is AED 3,038 per sqft.

Source: Dubai Land Department. Updated 19 August 2024.

Questions about 1206, Verve Tower B

What did unit 1206 last sell for?

AED 2,174,000 on 19 August 2024, sold by the developer: AED 2,758 per sqft for 788 sqft. It is the only registered sale of the unit.

How big is unit 1206?

788 sqft (73.2 sqm): a one-bedroom apartment on the 12th floor of a 28-storey tower completed in 2028.

What is unit 1206 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 B sold for AED 2,250,000 to 2,600,000 in the last 12 months, around AED 3,053 per sqft.

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Mortgage on 1206, Verve Tower B

Starts from the last sale price (AED 2.17M, 19 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,174,000
Deposit, UAE resident (20%)
AED 434,800
Deposit, non-resident (40%)
AED 869,600
Monthly over 25 years at 3.7%
AED 8,895

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