162,158 sqftDorchester Collection, Business Bay · completed 2022

V2, Dorchester Collection

Sold prices and rental history: sold once, by the developer in June 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit V2 · DLD and Ejari recordsUpdated 11 June 2024
Last soldAED 204.81M11 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V2, Dorchester Collection

What is V2 worth today?

Last sold for AED 204,810,619 in 2024

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11 Jun 2024Sold by developerReady
AED 204,810,619AED 1,263 per sqft

Source: Dubai Land Department. Updated 11 June 2024.

Key facts

Type
Hotel apartment
Size
162,158 sqft
Parking
161
Developer
Sky Palaces Real Estate Development
Completed
2022
Service charge
AED 2,322,100 /yr
Last sold
AED 204.81M · June 2024

About V2, Dorchester Collection

V2 is a hotel apartment of 162,158 sqft of Dorchester Collection, a 29-storey tower in Business Bay completed in 2022 by Sky Palaces Real Estate Development . The developer sold it on 11 June 2024 for AED 204,810,619, or AED 1,263 per sqft.

No rental contract for the unit is registered on Ejari.

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 →

V2, Dorchester Collection in numbers

  • Sold once: by Sky Palaces Real Estate Development on 11 June 2024 for AED 204,810,619, or AED 1,263 per sqft.

Source: Dubai Land Department. Updated 11 June 2024.

Questions about V2, Dorchester Collection

What did unit V2 last sell for?

AED 204,810,619 on 11 June 2024, sold by the developer: AED 1,263 per sqft for 162,158 sqft. It is the only registered sale of the unit.

How big is unit V2?

162,158 sqft (15065.0 sqm): a hotel apartment of a 29-storey tower completed in 2022.

What is unit V2 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 V2, Dorchester Collection

Starts from the last sale price (AED 204.81M, 11 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 204,810,619
Deposit, UAE resident (20%)
AED 40,962,124
Deposit, non-resident (40%)
AED 81,924,248
Monthly over 25 years at 3.7%
AED 837,944

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