R-23-02, Dorchester Collection
Sold prices and rental history: sold once, by the developer in November 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for R-23-02, Dorchester Collection
What is R-23-02 worth today?
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Source: Dubai Land Department. Updated 2 November 2022.
Key facts
- Type
- 4-bed apartment
- Size
- 10,211 sqft
- Floor
- 22nd of 29
- Parking
- B2-216, B2-217, B2-218, B2-219
- Developer
- Sky Palaces Real Estate Development
- Completed
- 2022
- Service charge
- AED 146,200 /yr
- Last sold
- AED 65.8M · November 2022
- Building
- Dorchester Collection
About R-23-02, Dorchester Collection
R-23-02 is a four-bedroom apartment of 10,211 sqft on the 22nd 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 2 November 2022 for AED 65,800,000, or AED 6,541 per sqft, 46% above the AED 4,488 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-23-02 over time
R-23-02 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-23-02 sits
All 18 4-beds →R-23-02 last sold in November 2022 at AED 6,541 per sqft, 46% above what four-beds in Dorchester Collection were fetching at the time (AED 4,488).
| Recent 4-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Sep 202517 September 2025 | 7,693 sqft | 45,000,000 | 5,849 | ||
| 21 Nov 202421 November 2024 | 10,057 sqft | 91,350,000 | 9,082 | ||
| 23 May 202323 May 2023 | 7,711 sqft | 34,900,000 | 4,526 | ||
| 3 Nov 20223 November 2022 | 11,409 sqft | 57,085,365 | 5,003 |
Dorchester Collection
Building39 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%
Other units on the 22nd floor
All 39 units in Dorchester Collection| ValueToday's value | |||||
|---|---|---|---|---|---|
| R-23-01 | 2-bed | 4,009 sqft | AED 15MAED 15,000,000 · Dec 2021December 2021 |
R-23-02, Dorchester Collection in numbers
- Sold once: by Sky Palaces Real Estate Development on 2 November 2022 for AED 65,800,000, or AED 6,541 per sqft.
Source: Dubai Land Department. Updated 2 November 2022.
Questions about R-23-02, Dorchester Collection
What did unit R-23-02 last sell for?
AED 65,800,000 on 2 November 2022, sold by the developer: AED 6,541 per sqft for 10,211 sqft. It is the only registered sale of the unit.
How big is unit R-23-02?
10,211 sqft (948.6 sqm): a four-bedroom apartment on the 22nd floor of a 29-storey tower completed in 2022.
What is unit R-23-02 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-23-02, Dorchester Collection
Starts from the last sale price (AED 65.8M, 2 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 65,800,000
- Deposit, UAE resident (20%)
- AED 13,160,000
- Deposit, non-resident (40%)
- AED 26,320,000
- Monthly over 25 years at 3.7%
- AED 269,208
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →