3-bed · 6,524 sqftDorchester Collection, Business Bay · 7th floor · completed 2022

R-07-03, Dorchester Collection

Sold prices and rental history: sold once, by the developer in January 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit R-07-03 · DLD and Ejari recordsUpdated 9 January 2023
Last soldAED 24.83M9 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for R-07-03, Dorchester Collection

What is R-07-03 worth today?

Last sold for AED 24,832,763 in 2023

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9 Jan 2023Sold by developerOff-plan
AED 24,832,763AED 3,806 per sqft

Source: Dubai Land Department. Updated 9 January 2023.

Key facts

Type
3-bed apartment
Size
6,524 sqft
Floor
7th of 29
Parking
3
Developer
Sky Palaces Real Estate Development
Completed
2022
Service charge
AED 93,400 /yr
Last sold
AED 24.83M · January 2023

About R-07-03, Dorchester Collection

R-07-03 is a three-bedroom apartment of 6,524 sqft on the 7th 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 9 January 2023 for AED 24,832,763, or AED 3,806 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for R-07-03 over time

Sales
Unit R-07-03, each saleTypical three-bed in Dorchester Collection
22M24M2021202220232024Typical sale price by year: 2021 AED 20,792,750; 2023 AED 24,832,763Sold by developer, January 2023: AED 24,832,763 (AED 3,806 per sqft)

R-07-03 has sold once; the dashed line is the three-bed median of each year in the building.

3-beds in Dorchester Collection, and where R-07-03 sits

All 8 3-beds →

Over the last 12 months three-beds sold for AED 40,850,000, around AED 6,553 per sqft.

Recent 3-bed salesUnit no.Price (AED)Summary
27 Jan 202640,850,000
1 Jul 202429,000,000
2 Aug 202331,000,000
9 Jan 202319,900,125
1 3-bed sale 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 7th floor

All 39 units in Dorchester Collection
Value
R-07-014-bedAED 32.8M · Aug 2022
R-07-022-bedAED 14.05M · Aug 2021

R-07-03, Dorchester Collection in numbers

  • Sold once: by Sky Palaces Real Estate Development on 9 January 2023 for AED 24,832,763, or AED 3,806 per sqft.
  • Three-beds in Dorchester Collection sold for AED 40,850,000–40,850,000 in the 12 months to November 2026; the building's median across all types is AED 6,553 per sqft.

Source: Dubai Land Department. Updated 9 January 2023.

Questions about R-07-03, Dorchester Collection

What did unit R-07-03 last sell for?

AED 24,832,763 on 9 January 2023, sold by the developer: AED 3,806 per sqft for 6,524 sqft. It is the only registered sale of the unit.

How big is unit R-07-03?

6,524 sqft (606.1 sqm): a three-bedroom apartment on the 7th floor of a 29-storey tower completed in 2022.

What is unit R-07-03 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Dorchester Collection sold for AED 40,850,000 to 40,850,000 in the last 12 months, around AED 6,553 per sqft.

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Mortgage on R-07-03, Dorchester Collection

Starts from the last sale price (AED 24.83M, 9 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 24,832,763
Deposit, UAE resident (20%)
AED 4,966,553
Deposit, non-resident (40%)
AED 9,933,105
Monthly over 25 years at 3.7%
AED 101,599

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