1601, Verve Tower B
Sold prices and rental history: sold once, by the developer in September 2024, 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 1601, Verve Tower B
What is 1601 worth today?
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Source: Dubai Land Department. Updated 16 September 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 2,926 sqft
- Floor
- 16th of 28
- Parking
- 2
- Developer
- Meraas
- Completed
- 2028
- Last sold
- AED 8.89M · September 2024
- Building
- Verve Tower B
About 1601, Verve Tower B
1601 is a three-bedroom apartment of 2,926 sqft on the 16th floor of Verve Tower B, a 28-storey tower in Al Wasl completed in 2028 by Meraas. The developer sold it on 16 September 2024 for AED 8,891,000, or AED 3,038 per sqft, in line with the AED 3,110 three-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
3-beds in Verve Tower B, and where 1601 sits
All 6 3-beds →1601 last sold in September 2024 at AED 3,038 per sqft, in line with what three-beds in Verve Tower B were fetching at the time (AED 3,110).
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Nov 20247 November 2024 | 3,485 sqft | 11,521,000 | 3,306 | ||
| 29 Aug 202429 August 2024 | 3,480 sqft | 11,779,000 | 3,384 | ||
| 29 Aug 202429 August 2024 | 3,007 sqft | 9,402,000 | 3,126 | ||
| 14 Aug 202414 August 2024 | 2,955 sqft | 9,192,000 | 3,110 |
Verve Tower B
Building228 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
Other units on the 16th floor
All 228 units in Verve Tower B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1602 | 1-bed | 787 sqft | AED 2.19MAED 2,191,000 · Aug 2024August 2024 | ||
| 1603 | 1-bed | 788 sqft | AED 2.2MAED 2,195,000 · Aug 2024August 2024 | ||
| 1604 | 2-bed | 1,174 sqft | AED 3.43MAED 3,429,000 · Aug 2024August 2024 | ||
| 1605 | 1-bed | 833 sqft | AED 2.61MAED 2,607,000 · Aug 2024August 2024 | ||
| 1606 | 1-bed | 834 sqft | AED 2.61MAED 2,609,000 · Aug 2024August 2024 | ||
| 1607 | 2-bed | 1,174 sqft | AED 3.43MAED 3,429,000 · Oct 2024October 2024 |
1601, Verve Tower B in numbers
- Sold once: by Meraas on 16 September 2024 for AED 8,891,000, or AED 3,038 per sqft.
Source: Dubai Land Department. Updated 16 September 2024.
Questions about 1601, Verve Tower B
What did unit 1601 last sell for?
AED 8,891,000 on 16 September 2024, sold by the developer: AED 3,038 per sqft for 2,926 sqft. It is the only registered sale of the unit.
How big is unit 1601?
2,926 sqft (271.8 sqm): a three-bedroom apartment on the 16th floor of a 28-storey tower completed in 2028.
What is unit 1601 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 1601, Verve Tower B
Starts from the last sale price (AED 8.89M, 16 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 8,891,000
- Deposit, UAE resident (20%)
- AED 1,778,200
- Deposit, non-resident (40%)
- AED 3,556,400
- Monthly over 25 years at 3.7%
- AED 36,376
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →