2-bed · 1,511 sqftAmna Tower, Business Bay · 17th floor · completed 2022

1701, Amna Tower

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

Unit 1701 · DLD and Ejari recordsUpdated 24 July 2023
Last soldAED 1.96M12 June 2021
Current rentAED 127K /yr24 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1701, Amna Tower

What is 1701 worth today?

Last sold for AED 1,964,911 in 2021

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24 Jul 2023RentedNew contract
AED 127,050/yr12 months · AED 84 per sqft
25 Jul 2022RentedRenewal
AED 115,500/yr12 months · AED 77 per sqft
25 Jul 2021RentedNew contract
AED 105,000/yr12 months · AED 70 per sqft
12 Jun 2021Sold by developerReady
AED 1,964,911AED 1,299 per sqft

Source: Dubai Land Department. Updated 24 July 2023.

Key facts

Type
2-bed apartment
Size
1,511 sqft
Floor
17th of 68
Parking
L3-164
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 27,500 /yr
Last sold
AED 1.96M · June 2021
Building
Amna Tower

About 1701, Amna Tower

1701 is a two-bedroom apartment of 1,511 sqft on the 17th floor of Amna Tower, a 68-storey tower in Business Bay completed in 2022 by Al Habtoor City Real Estate Development. The developer sold it on 12 June 2021 for AED 1,964,911, or AED 1,299 per sqft, in line with the AED 1,299 two-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 24 July 2023, is AED 127,050 a year: a gross yield of 6.5% on the 2021 price, before the service charge of about AED 27,500 a year.

Sales and rents for 1701 over time

Sales
Unit 1701, each saleTypical two-bed in Amna Tower
2M2.5M2021202320252027Typical sale price by year: 2021 AED 1,889,063; 2022 AED 1,766,063; 2023 AED 2,247,930; 2024 AED 2,250,000; 2025 AED 2,525,000; 2026 AED 2,637,500Sold by developer, June 2021: AED 1,964,911 (AED 1,299 per sqft)

1701 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1701, each contractTypical two-bed in Amna Tower
100K125K150K2021202320252027Typical rent by year: 2021 AED 110,000; 2022 AED 120,000; 2023 AED 138,000; 2024 AED 152,000; 2025 AED 155,000; 2026 AED 140,000New contract, July 2021: AED 105,000 a yearRenewal, July 2022: AED 115,500 a yearNew contract, July 2023: AED 127,050 a year

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

2-beds in Amna Tower, and where 1701 sits

All 276 2-beds →

1701 last sold in June 2021 at AED 1,299 per sqft, in line with what two-beds in Amna Tower were fetching at the time (AED 1,299). Over the last 12 months two-beds sold for AED 2,465,257 to 2,925,000, around AED 1,786 per sqft, and rent for AED 90,000 to 464,000 a year. 1701's AED 127,050 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
26 Oct 20262,470,000
27 Aug 20262,525,000
14 Aug 20262,500,000
13 Aug 20262,600,000
13 2-bed sales in the last 12 months

Amna Tower

Building

536 apartments, 1-bed to 6-bed over 68 floors in Business Bay, completed in 2022 by Al Habtoor City Real Estate Development. 22 sold in the last 12 months.

Typical price per sqft
AED 1,819 Up 1.8%
Typical sale
AED 2.6M
Typical rent
AED 135K /yr
Typical yield
6.0%
Amna Tower, Business Bay: prices, sales and rents →

Other units on the 17th floor

All 536 units in Amna Tower
Value
17022-bedAED 1.8M · Oct 2021
17031-bedAED 1.12M · Jun 2021
17042-bedAED 982K · Aug 2021
17051-bedAED 1.22M · Jun 2021
17061-bedAED 1.45M · Jun 2021
17071-bedAED 1.32M · Dec 2021
17081-bedAED 1.14M · Aug 2021
1–7 of 10

1701, Amna Tower in numbers

  • Sold once: by Al Habtoor City Real Estate Development on 12 June 2021 for AED 1,964,911, or AED 1,299 per sqft.
  • Rented since July 2021 on 3 Ejari contracts, from AED 105,000 to AED 127,050 a year.
  • At AED 127,050 a year the gross yield on the 2021 price is 6.5%, before a service charge of about AED 27,500 a year (AED 18.19 per sqft).
  • Two-beds in Amna Tower sold for AED 2,465,257–2,925,000 in the 12 months to November 2026; the building's median across all types is AED 1,819 per sqft.

Source: Dubai Land Department. Updated 24 July 2023.

Questions about 1701, Amna Tower

What did unit 1701 last sell for?

AED 1,964,911 on 12 June 2021, sold by the developer: AED 1,299 per sqft for 1,511 sqft. It is the only registered sale of the unit.

What is the rent for unit 1701?

AED 127,050 a year on the contract signed on 24 July 2023. The previous contract, from July 2022, was AED 115,500; the unit has been rented since July 2021.

How big is unit 1701?

1,511 sqft (140.4 sqm): a two-bedroom apartment on the 17th floor of a 68-storey tower completed in 2022.

What is unit 1701 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Amna Tower sold for AED 2,465,257 to 2,925,000 in the last 12 months, around AED 1,786 per sqft.

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Mortgage on 1701, Amna Tower

Starts from the last sale price (AED 1.96M, 12 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,964,911
Deposit, UAE resident (20%)
AED 392,982
Deposit, non-resident (40%)
AED 785,964
Monthly over 25 years at 3.7%
AED 8,039

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