1-bed · 577 sqft15 Northside Tower 2, Business Bay · 4th floor · completed 2023

B-408, 15 Northside Tower 2

Sold prices and rental history: sold once, by the developer in August 2021, and rented once, from May 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B-408 · DLD and Ejari recordsUpdated 1 May 2024
Last soldAED 1.04M17 August 2021
Current rentAED 130K /yr1 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B-408, 15 Northside Tower 2

What is B-408 worth today?

Last sold for AED 1,040,000 in 2021

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1 May 2024RentedNew contract
AED 130,000/yr12 months · AED 224 per sqft
17 Aug 2021Sold by developerOff-plan
AED 1,040,000AED 1,803 per sqft

Source: Dubai Land Department. Updated 1 May 2024.

Key facts

Type
1-bed apartment
Size
577 sqft
Floor
4th of 8
Parking
1
Developer
Select Global Development
Completed
2023
Last sold
AED 1.04M · August 2021

About B-408, 15 Northside Tower 2

B-408 is a one-bedroom apartment of 577 sqft on the 4th floor of 15 Northside Tower 2, a 8-storey tower in Business Bay completed in 2023 by Select Global Development. The developer sold it on 17 August 2021 for AED 1,040,000, or AED 1,803 per sqft, in line with the AED 1,769 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 May 2024. The current contract, signed on 1 May 2024, is AED 130,000 a year: a gross yield of 12.5% on the 2021 price.

Sales and rents for B-408 over time

Sales
Unit B-408, each saleTypical one-bed in 15 Northside Tower 2
1M1.2M1.4M2021202320252027Typical sale price by year: 2021 AED 1,054,650; 2022 AED 1,200,000; 2023 AED 1,272,500; 2024 AED 1,466,000; 2025 AED 1,458,988; 2026 AED 1,360,000Sold by developer, August 2021: AED 1,040,000 (AED 1,803 per sqft)

B-408 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit B-408, each contractTypical one-bed in 15 Northside Tower 2
100K120K20232024202520262027Typical rent by year: 2023 AED 100,000; 2024 AED 100,000; 2025 AED 100,000; 2026 AED 92,131New contract, May 2024: AED 130,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in 15 Northside Tower 2, and where B-408 sits

All 95 1-beds →

B-408 last sold in August 2021 at AED 1,803 per sqft, in line with what one-beds in 15 Northside Tower 2 were fetching at the time (AED 1,769). Over the last 12 months one-beds sold for AED 1,200,000 to 1,600,000, around AED 2,428 per sqft, and rent for AED 39,722 to 150,000 a year. B-408's AED 130,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
31 Jul 202647,039
29 Jul 202628,688
27 Jul 202633,089
9 Jun 20261,200,000
13 1-bed sales in the last 12 months

15 Northside Tower 2

Building

96 apartments, 1-bed to 4-bed over 8 floors in Business Bay, completed in 2023 by Select Global Development. 14 sold in the last 12 months.

Typical price per sqft
AED 2,400 Up 2.0%
Typical sale
AED 1.42M
Typical rent
AED 92K /yr
Typical yield
6.2%
15 Northside Tower 2, Business Bay: prices, sales and rents →

Other units on the 4th floor

All 96 units in 15 Northside Tower 2
Value
B-4011-bedAED 912K · Jul 2021
B-4023-bedAED 2.8M · Aug 2026
B-4031-bedAED 1.47M · Jul 2023
B-4041-bedAED 1.14M · Aug 2021
B-4051-bedAED 1.26M · Aug 2023
B-4061-bedAED 1.44M · Sep 2025
B-4071-bedAED 1.35M · Jun 2023
1–7 of 11

B-408, 15 Northside Tower 2 in numbers

  • Sold once: by Select Global Development on 17 August 2021 for AED 1,040,000, or AED 1,803 per sqft.
  • Rented since May 2024 on one Ejari contract, at AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2021 price is 12.5%.
  • One-beds in 15 Northside Tower 2 sold for AED 1,200,000–1,600,000 in the 12 months to November 2026; the building's median across all types is AED 2,400 per sqft.

Source: Dubai Land Department. Updated 1 May 2024.

Questions about B-408, 15 Northside Tower 2

What did unit B-408 last sell for?

AED 1,040,000 on 17 August 2021, sold by the developer: AED 1,803 per sqft for 577 sqft. It is the only registered sale of the unit.

What is the rent for unit B-408?

AED 130,000 a year on the contract signed on 1 May 2024.

How big is unit B-408?

577 sqft (53.6 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2023.

What is unit B-408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in 15 Northside Tower 2 sold for AED 1,200,000 to 1,600,000 in the last 12 months, around AED 2,428 per sqft.

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Mortgage on B-408, 15 Northside Tower 2

Starts from the last sale price (AED 1.04M, 17 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,040,000
Deposit, UAE resident (20%)
AED 208,000
Deposit, non-resident (40%)
AED 416,000
Monthly over 25 years at 3.7%
AED 4,255

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