2-bed · 4,007 sqftDorchester Collection, Business Bay · 18th floor · completed 2022

R-19-01, Dorchester Collection

Sold prices and rental history: sold twice, last in May 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-19-01 · DLD and Ejari recordsUpdated 19 May 2022
Last soldAED 20.75M19 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for R-19-01, Dorchester Collection

What is R-19-01 worth today?

Last sold for AED 20,750,000 in 2022

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19 May 2022SoldOff-plan
AED 20,750,000AED 5,178 per sqft
6 Sep 2021Sold by developerOff-plan
AED 14,740,500AED 3,678 per sqft

Source: Dubai Land Department. Updated 19 May 2022.

Key facts

Type
2-bed apartment
Size
4,007 sqft
Floor
18th of 29
Parking
3
Developer
Sky Palaces Real Estate Development
Completed
2022
Service charge
AED 57,400 /yr
Last sold
AED 20.75M · May 2022

About R-19-01, Dorchester Collection

R-19-01 is a two-bedroom apartment of 4,007 sqft on the 18th floor of Dorchester Collection, a 29-storey tower in Business Bay completed in 2022 by Sky Palaces Real Estate Development . It last sold on 19 May 2022 for AED 20,750,000, or AED 5,178 per sqft, 40% above the AED 3,700 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for R-19-01 over time

Sales
Unit R-19-01, each saleTypical two-bed in Dorchester Collection
15M20M202120222023Typical sale price by year: 2021 AED 14,782,350; 2022 AED 20,750,000Sold by developer, September 2021: AED 14,740,500 (AED 3,678 per sqft)Sold, May 2022: AED 20,750,000 (AED 5,178 per sqft)

R-19-01 has sold twice; the dashed line is the two-bed median of each year in the building.

2-beds in Dorchester Collection, and where R-19-01 sits

All 10 2-beds →

R-19-01 last sold in May 2022 at AED 5,178 per sqft, 40% above what two-beds in Dorchester Collection were fetching at the time (AED 3,700). Over the last 12 months two-beds sold for AED 22,500,000 to 26,500,000, around AED 6,106 per sqft, and rent for AED 1,200,000 to 2,200,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
30 Jul 202622,500,000
16 Jan 202626,500,000
14 Oct 202532,000,000
22 Oct 202426,500,000
2 2-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 18th floor

All 39 units in Dorchester Collection
Value
R-19-024-bedAED 91.35M · Nov 2024

R-19-01, Dorchester Collection in numbers

  • Sold twice: first on 6 September 2021 for AED 14,740,500, last on 19 May 2022 for AED 20,750,000 (AED 5,178 per sqft).
  • Two-beds in Dorchester Collection sold for AED 22,500,000–26,500,000 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 19 May 2022.

Questions about R-19-01, Dorchester Collection

What did unit R-19-01 last sell for?

AED 20,750,000 on 19 May 2022: AED 5,178 per sqft for 4,007 sqft. The unit has 2 registered sales; the first was AED 14,740,500 in September 2021.

How big is unit R-19-01?

4,007 sqft (372.3 sqm): a two-bedroom apartment on the 18th floor of a 29-storey tower completed in 2022.

What is unit R-19-01 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Dorchester Collection sold for AED 22,500,000 to 26,500,000 in the last 12 months, around AED 6,106 per sqft.

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Mortgage on R-19-01, Dorchester Collection

Starts from the last sale price (AED 20.75M, 19 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 20,750,000
Deposit, UAE resident (20%)
AED 4,150,000
Deposit, non-resident (40%)
AED 8,300,000
Monthly over 25 years at 3.7%
AED 84,895

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