4-bed · 7,923 sqftDorchester Collection, Business Bay · 6th floor · completed 2022

R-06-03, Dorchester Collection

Sold prices and rental history: sold once, by the developer in July 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit R-06-03 · DLD and Ejari recordsUpdated 6 July 2022
Last soldAED 45M6 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for R-06-03, Dorchester Collection

What is R-06-03 worth today?

Last sold for AED 45,000,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

6 Jul 2022Sold by developerOff-plan
AED 45,000,000AED 5,679 per sqft

Source: Dubai Land Department. Updated 6 July 2022.

Key facts

Type
4-bed apartment
Size
7,923 sqft
Floor
6th of 29
Parking
4
Developer
Sky Palaces Real Estate Development
Completed
2022
Service charge
AED 113,500 /yr
Last sold
AED 45M · July 2022

About R-06-03, Dorchester Collection

R-06-03 is a four-bedroom apartment of 7,923 sqft on the 6th floor of Dorchester Collection, a 29-storey tower in Business Bay completed in 2022 by Sky Palaces Real Estate Development . The developer sold it on 6 July 2022 for AED 45,000,000, or AED 5,679 per sqft, 37% above the AED 4,154 four-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for R-06-03 over time

Sales
Unit R-06-03, each saleTypical four-bed in Dorchester Collection
30M40M202120222023Typical sale price by year: 2021 AED 29,830,309; 2022 AED 40,522,598Sold by developer, July 2022: AED 45,000,000 (AED 5,679 per sqft)

R-06-03 has sold once; the dashed line is the four-bed median of each year in the building.

4-beds in Dorchester Collection, and where R-06-03 sits

All 18 4-beds →

R-06-03 last sold in July 2022 at AED 5,679 per sqft, 37% above what four-beds in Dorchester Collection were fetching at the time (AED 4,154).

Recent 4-bed salesUnit no.Price (AED)Summary
17 Sep 202545,000,000
21 Nov 202491,350,000
23 May 202334,900,000
3 Nov 202257,085,365
0 4-bed sales in the last 12 months

Dorchester Collection

Building

39 apartments, 1-bed to 5-bed over 29 floors in Business Bay, completed in 2022 by Sky Palaces Real Estate Development . 3 sold in the last 12 months.

Typical price per sqft
AED 6,553
Typical sale
AED 26.5M
Typical rent
AED 1.2M /yr
Typical yield
4.6%
Dorchester Collection, Business Bay: prices, sales and rents →

Other units on the 6th floor

All 39 units in Dorchester Collection
Value
R-06-013-bedAED 29M · Jul 2024
R-06-022-bedAED 20M · Oct 2022

R-06-03, Dorchester Collection in numbers

  • Sold once: by Sky Palaces Real Estate Development on 6 July 2022 for AED 45,000,000, or AED 5,679 per sqft.

Source: Dubai Land Department. Updated 6 July 2022.

Questions about R-06-03, Dorchester Collection

What did unit R-06-03 last sell for?

AED 45,000,000 on 6 July 2022, sold by the developer: AED 5,679 per sqft for 7,923 sqft. It is the only registered sale of the unit.

How big is unit R-06-03?

7,923 sqft (736.1 sqm): a four-bedroom apartment on the 6th floor of a 29-storey tower completed in 2022.

What is unit R-06-03 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling R-06-03? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on R-06-03, Dorchester Collection

Starts from the last sale price (AED 45M, 6 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 45,000,000
Deposit, UAE resident (20%)
AED 9,000,000
Deposit, non-resident (40%)
AED 18,000,000
Monthly over 25 years at 3.7%
AED 184,109

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