2-bed · 1,174 sqftVerve Tower B, Al Wasl · 16th floor · completed 2028

1604, 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 1604 · DLD and Ejari recordsUpdated 7 August 2024
Last soldAED 3.43M7 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1604, Verve Tower B

What is 1604 worth today?

Last sold for AED 3,429,000 in 2024

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7 Aug 2024Sold by developerOff-plan
AED 3,429,000AED 2,919 per sqft

Source: Dubai Land Department. Updated 7 August 2024.

Key facts

Type
2-bed apartment
Size
1,174 sqft
Floor
16th of 28
Parking
1
Developer
Meraas
Completed
2028
Last sold
AED 3.43M · August 2024

About 1604, Verve Tower B

1604 is a two-bedroom apartment of 1,174 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 7 August 2024 for AED 3,429,000, or AED 2,919 per sqft, in line with the AED 2,867 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1604 over time

Sales
Unit 1604, each saleTypical two-bed in Verve Tower B
3.5M4M202420252026Typical sale price by year: 2024 AED 3,467,000; 2025 AED 4,014,500Sold by developer, August 2024: AED 3,429,000 (AED 2,919 per sqft)

1604 has sold once; the dashed line is the two-bed median of each year in the building.

2-beds in Verve Tower B, and where 1604 sits

All 94 2-beds →

1604 last sold in August 2024 at AED 2,919 per sqft, in line with what two-beds in Verve Tower B were fetching at the time (AED 2,867). Over the last 12 months two-beds sold for AED 3,412,000 to 4,700,000, around AED 2,975 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
4 Nov 20263,412,000
21 Sep 20263,492,000
12 Dec 20254,700,000
15 Oct 20254,094,000
3 2-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 16th floor

All 228 units in Verve Tower B
Value
16013-bedAED 8.89M · Sep 2024
16021-bedAED 2.19M · Aug 2024
16031-bedAED 2.2M · Aug 2024
16051-bedAED 2.61M · Aug 2024
16061-bedAED 2.61M · Aug 2024
16072-bedAED 3.43M · Oct 2024

1604, Verve Tower B in numbers

  • Sold once: by Meraas on 7 August 2024 for AED 3,429,000, or AED 2,919 per sqft.
  • Two-beds in Verve Tower B sold for AED 3,412,000–4,700,000 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 7 August 2024.

Questions about 1604, Verve Tower B

What did unit 1604 last sell for?

AED 3,429,000 on 7 August 2024, sold by the developer: AED 2,919 per sqft for 1,174 sqft. It is the only registered sale of the unit.

How big is unit 1604?

1,174 sqft (109.1 sqm): a two-bedroom apartment on the 16th floor of a 28-storey tower completed in 2028.

What is unit 1604 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Verve Tower B sold for AED 3,412,000 to 4,700,000 in the last 12 months, around AED 2,975 per sqft.

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Mortgage on 1604, Verve Tower B

Starts from the last sale price (AED 3.43M, 7 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,429,000
Deposit, UAE resident (20%)
AED 685,800
Deposit, non-resident (40%)
AED 1,371,600
Monthly over 25 years at 3.7%
AED 14,029

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