4-bed · 7,934 sqftDorchester Collection, Business Bay · 8th floor · completed 2022

R-08-02, Dorchester Collection

Sold prices and rental history: sold once, by the developer in September 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit R-08-02 · DLD and Ejari recordsUpdated 8 September 2021
Last soldAED 29.39M8 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for R-08-02, Dorchester Collection

What is R-08-02 worth today?

Last sold for AED 29,394,000 in 2021

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8 Sep 2021Sold by developerOff-plan
AED 29,394,000AED 3,704 per sqft

Source: Dubai Land Department. Updated 8 September 2021.

Key facts

Type
4-bed apartment
Size
7,934 sqft
Floor
8th of 29
Parking
4
Developer
Sky Palaces Real Estate Development
Completed
2022
Service charge
AED 113,600 /yr
Last sold
AED 29.39M · September 2021

About R-08-02, Dorchester Collection

R-08-02 is a four-bedroom apartment of 7,934 sqft on the 8th 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 8 September 2021 for AED 29,394,000, or AED 3,704 per sqft, in line with the AED 3,668 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-08-02 over time

Sales
Unit R-08-02, each saleTypical four-bed in Dorchester Collection
30M40M202120222023Typical sale price by year: 2021 AED 29,830,309; 2022 AED 40,522,598Sold by developer, September 2021: AED 29,394,000 (AED 3,704 per sqft)

R-08-02 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-08-02 sits

All 18 4-beds →

R-08-02 last sold in September 2021 at AED 3,704 per sqft, in line with what four-beds in Dorchester Collection were fetching at the time (AED 3,668).

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 8th floor

All 39 units in Dorchester Collection
Value
R-08-012-bedAED 14.7M · Dec 2021

R-08-02, Dorchester Collection in numbers

  • Sold once: by Sky Palaces Real Estate Development on 8 September 2021 for AED 29,394,000, or AED 3,704 per sqft.

Source: Dubai Land Department. Updated 8 September 2021.

Questions about R-08-02, Dorchester Collection

What did unit R-08-02 last sell for?

AED 29,394,000 on 8 September 2021, sold by the developer: AED 3,704 per sqft for 7,934 sqft. It is the only registered sale of the unit.

How big is unit R-08-02?

7,934 sqft (737.1 sqm): a four-bedroom apartment on the 8th floor of a 29-storey tower completed in 2022.

What is unit R-08-02 worth today?

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

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Mortgage on R-08-02, Dorchester Collection

Starts from the last sale price (AED 29.39M, 8 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 29,394,000
Deposit, UAE resident (20%)
AED 5,878,800
Deposit, non-resident (40%)
AED 11,757,600
Monthly over 25 years at 3.7%
AED 120,260

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