4-bed · 7,798 sqftDorchester Collection, Business Bay · 21st floor · completed 2022

R-22-03, Dorchester Collection

Sold prices and rental history: sold twice, last in August 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-22-03 · DLD and Ejari recordsUpdated 26 August 2022
Last soldAED 39.25M26 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for R-22-03, Dorchester Collection

What is R-22-03 worth today?

Last sold for AED 39,250,000 in 2022

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26 Aug 2022SoldOff-plan
AED 39,250,000AED 5,033 per sqft
4 Feb 2022Sold by developerOff-plan
AED 35,106,514AED 4,502 per sqft

Source: Dubai Land Department. Updated 26 August 2022.

Key facts

Type
4-bed apartment
Size
7,798 sqft
Floor
21st of 29
Parking
4
Developer
Sky Palaces Real Estate Development
Completed
2022
Service charge
AED 111,700 /yr
Last sold
AED 39.25M · August 2022

About R-22-03, Dorchester Collection

R-22-03 is a four-bedroom apartment of 7,798 sqft on the 21st floor of Dorchester Collection, a 29-storey tower in Business Bay completed in 2022 by Sky Palaces Real Estate Development . It last sold on 26 August 2022 for AED 39,250,000, or AED 5,033 per sqft, 19% above the AED 4,232 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-22-03 over time

Sales
Unit R-22-03, each saleTypical four-bed in Dorchester Collection
30M35M40M202120222023Typical sale price by year: 2021 AED 29,830,309; 2022 AED 40,522,598Sold by developer, February 2022: AED 35,106,514 (AED 4,502 per sqft)Sold, August 2022: AED 39,250,000 (AED 5,033 per sqft)

R-22-03 has sold twice; the dashed line is the four-bed median of each year in the building.

4-beds in Dorchester Collection, and where R-22-03 sits

All 18 4-beds →

R-22-03 last sold in August 2022 at AED 5,033 per sqft, 19% above what four-beds in Dorchester Collection were fetching at the time (AED 4,232).

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 21st floor

All 39 units in Dorchester Collection
Value
R-22-014-bedAED 30.91M · Jan 2022
R-22-022-bedAED 15M · Sep 2021

R-22-03, Dorchester Collection in numbers

  • Sold twice: first on 4 February 2022 for AED 35,106,514, last on 26 August 2022 for AED 39,250,000 (AED 5,033 per sqft).

Source: Dubai Land Department. Updated 26 August 2022.

Questions about R-22-03, Dorchester Collection

What did unit R-22-03 last sell for?

AED 39,250,000 on 26 August 2022: AED 5,033 per sqft for 7,798 sqft. The unit has 2 registered sales; the first was AED 35,106,514 in February 2022.

How big is unit R-22-03?

7,798 sqft (724.5 sqm): a four-bedroom apartment on the 21st floor of a 29-storey tower completed in 2022.

What is unit R-22-03 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-22-03, Dorchester Collection

Starts from the last sale price (AED 39.25M, 26 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 39,250,000
Deposit, UAE resident (20%)
AED 7,850,000
Deposit, non-resident (40%)
AED 15,700,000
Monthly over 25 years at 3.7%
AED 160,584

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