2-bed · 1,174 sqftVerve Tower B, Al Wasl · 4th floor · completed 2028

407, 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 407 · DLD and Ejari recordsUpdated 12 August 2024
Last soldAED 3.33M12 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Verve Tower B

What is 407 worth today?

Last sold for AED 3,330,000 in 2024

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12 Aug 2024Sold by developerOff-plan
AED 3,330,000AED 2,835 per sqft

Source: Dubai Land Department. Updated 12 August 2024.

Key facts

Type
2-bed apartment
Size
1,174 sqft
Floor
4th of 28
Parking
1
Developer
Meraas
Completed
2028
Last sold
AED 3.33M · August 2024

About 407, Verve Tower B

407 is a two-bedroom apartment of 1,174 sqft on the 4th floor of Verve Tower B, a 28-storey tower in Al Wasl completed in 2028 by Meraas. The developer sold it on 12 August 2024 for AED 3,330,000, or AED 2,835 per sqft, in line with the AED 2,856 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 407 over time

Sales
Unit 407, 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 3,330,000 (AED 2,835 per sqft)

407 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 407 sits

All 94 2-beds →

407 last sold in August 2024 at AED 2,835 per sqft, in line with what two-beds in Verve Tower B were fetching at the time (AED 2,856). 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 4th floor

All 228 units in Verve Tower B
Value
4012-bedAED 4.22M · Aug 2024
4021-bedAED 2.53M · Aug 2024
4031-bedAED 2.53M · Aug 2024
4042-bedAED 3.33M · Aug 2024
4051-bedAED 2.13M · Aug 2024
4061-bedAED 2.13M · Sep 2024
4081-bedAED 2.53M · Aug 2024
1–7 of 10

407, Verve Tower B in numbers

  • Sold once: by Meraas on 12 August 2024 for AED 3,330,000, or AED 2,835 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 12 August 2024.

Questions about 407, Verve Tower B

What did unit 407 last sell for?

AED 3,330,000 on 12 August 2024, sold by the developer: AED 2,835 per sqft for 1,174 sqft. It is the only registered sale of the unit.

How big is unit 407?

1,174 sqft (109.1 sqm): a two-bedroom apartment on the 4th floor of a 28-storey tower completed in 2028.

What is unit 407 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 407, Verve Tower B

Starts from the last sale price (AED 3.33M, 12 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,330,000
Deposit, UAE resident (20%)
AED 666,000
Deposit, non-resident (40%)
AED 1,332,000
Monthly over 25 years at 3.7%
AED 13,624

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