Studio · 501 sqftMoon Tower, Business Bay · 4th floor

409, Moon Tower

Sold prices and rental history: sold twice, last in August 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 24 August 2016
Last soldAED 527K24 August 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Moon Tower

What is 409 worth today?

Last sold for AED 526,500 in 2016

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24 Aug 2016SoldOff-plan
AED 526,500AED 1,050 per sqft
22 Aug 2016Sold by developerOff-plan
AED 526,500AED 1,050 per sqft

Source: Dubai Land Department. Updated 24 August 2016.

Key facts

Type
Studio apartment
Size
501 sqft
Floor
4th of 17
Parking
1
Last sold
AED 527K · August 2016
Building
Moon Tower

About 409, Moon Tower

409 is a studio of 501 sqft on the 4th floor of Moon Tower, a 17-storey tower in Business Bay. It last sold on 24 August 2016 for AED 526,500, or AED 1,050 per sqft, 17% below the AED 1,263 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 409 over time

Sales
Unit 409, each saleTypical studio in Moon Tower
500K600K2014201620182020Typical sale price by year: 2014 AED 479,700; 2015 AED 526,300; 2016 AED 531,840; 2017 AED 615,000; 2019 AED 534,855Sold, August 2016: AED 526,500 (AED 1,050 per sqft)Sold by developer, August 2016: AED 526,500 (AED 1,050 per sqft)

409 has sold twice; the dashed line is the studio median of each year in the building.

Studios in Moon Tower, and where 409 sits

All 59 studios →

409 last sold in August 2016 at AED 1,050 per sqft, 17% below what studios in Moon Tower were fetching at the time (AED 1,263).

Recent studio salesUnit no.Price (AED)Summary
26 Mar 2020254,308
23 Mar 2020268,258
13 Nov 2019389,445
11 Nov 2019590,010
0 studio sales in the last 12 months

Moon Tower

Building

163 apartments, studios to 2-bed over 17 floors in Business Bay. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
Few contracts
Typical yield
Moon Tower, Business Bay: prices, sales and rents →

Other units on the 4th floor

All 163 units in Moon Tower
Value
4032-bedAED 2.87M · Nov 2019
4051-bedAED 1.37M · Nov 2019
4062-bedAED 1.47M · Dec 2016
407StudioAED 490K · Jun 2015
410StudioAED 424K · Jul 2015
4122-bedAED 1.23M · Mar 2016
4131-bedAED 925K · May 2016
1–7 of 8

409, Moon Tower in numbers

  • Sold twice: first on 22 August 2016 for AED 526,500, last on 24 August 2016 for AED 526,500 (AED 1,050 per sqft).

Source: Dubai Land Department. Updated 24 August 2016.

Questions about 409, Moon Tower

What did unit 409 last sell for?

AED 526,500 on 24 August 2016: AED 1,050 per sqft for 501 sqft. The unit has 2 registered sales; the first was AED 526,500 in August 2016.

How big is unit 409?

501 sqft (46.5 sqm): a studio on the 4th floor of a 17-storey tower.

What is unit 409 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 409, Moon Tower

Starts from the last sale price (AED 527K, 24 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 526,500
Deposit, UAE resident (20%)
AED 105,300
Deposit, non-resident (40%)
AED 210,600
Monthly over 25 years at 3.7%
AED 2,154

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