2-bed · 1,558 sqftThe Atria Residential Building, Business Bay · 7th floor · completed 2018

704, The Atria Residential Building

Sold prices and rental history: sold once, by the developer in October 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 12 October 2023
Last soldAED 2.04M12 October 2023
Current rentAED 125K /yr5 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, The Atria Residential Building

What is 704 worth today?

Last sold for AED 2,044,767 in 2023

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12 Oct 2023Sold by developerReady
AED 2,044,767AED 1,312 per sqft
5 Oct 2022RentedNew contract
AED 125,000/yr12 months · AED 80 per sqft
15 Jul 2021RentedNew contract
AED 85,000/yr12 months · AED 55 per sqft
15 Jul 2020RentedNew contract
AED 85,000/yr12 months · AED 55 per sqft

Source: Dubai Land Department. Updated 12 October 2023.

Key facts

Type
2-bed apartment
Size
1,558 sqft
Floor
7th of 27
Parking
B1-1177
Developer
Deyaar
Completed
2018
Service charge
AED 24,200 /yr
Last sold
AED 2.04M · October 2023

About 704, The Atria Residential Building

704 is a two-bedroom apartment of 1,558 sqft on the 7th floor of The Atria Residential Building, a 27-storey tower in Business Bay completed in 2018 by Deyaar. The developer sold it on 12 October 2023 for AED 2,044,767, or AED 1,312 per sqft, in line with the AED 1,300 two-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 5 October 2022, is AED 125,000 a year: a gross yield of 6.1% on the 2023 price, before the service charge of about AED 24,200 a year.

Sales and rents for 704 over time

Sales
Unit 704, each saleTypical two-bed in The Atria Residential Building
2M3M2014201820222026Typical sale price by year: 2014 AED 2,623,525; 2015 AED 2,835,082; 2017 AED 1,900,000; 2019 AED 1,760,000; 2022 AED 1,725,000; 2023 AED 1,975,106; 2024 AED 2,300,000; 2025 AED 2,440,000; 2026 AED 2,500,000Sold by developer, October 2023: AED 2,044,767 (AED 1,312 per sqft)

704 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 704, each contractTypical two-bed in The Atria Residential Building
100K150K2018202120242027Typical rent by year: 2018 AED 115,000; 2019 AED 112,000; 2020 AED 95,000; 2021 AED 95,000; 2022 AED 100,000; 2023 AED 115,000; 2024 AED 140,000; 2025 AED 150,000; 2026 AED 135,000New contract, July 2020: AED 85,000 a yearNew contract, July 2021: AED 85,000 a yearNew contract, October 2022: AED 125,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in The Atria Residential Building, and where 704 sits

All 101 2-beds →

704 last sold in October 2023 at AED 1,312 per sqft, in line with what two-beds in The Atria Residential Building were fetching at the time (AED 1,300). Over the last 12 months two-beds sold for AED 2,150,000 to 2,700,000, around AED 1,402 per sqft, and rent for AED 114,000 to 187,000 a year. 704's AED 125,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
1 Jun 20262,700,000
7 May 20262,150,000
7 Apr 20262,500,000
6 Oct 20252,450,000
3 2-bed sales in the last 12 months

The Atria Residential Building

Building

216 apartments, studios to 7-bed over 27 floors in Business Bay, completed in 2018 by Deyaar. 13 sold in the last 12 months.

Typical price per sqft
AED 1,508 Down 3.5%
Typical sale
AED 1.65M
Typical rent
AED 125K /yr
Typical yield
6.3%
The Atria Residential Building, Business Bay: prices, sales and rents →
Value
7012-bedAED 2.07M · Feb 2024
7023-bedAED 3.51M · Jun 2014
7032-bedAED 2.2M · Nov 2024
7051-bedAED 1.3M · Jul 2026
7061-bedAED 1.45M · Jan 2026
7071-bedAED 1.38M · Jun 2014
7081-bedAED 1.51M · Jun 2014
1–7 of 10

704, The Atria Residential Building in numbers

  • Sold once: by Deyaar on 12 October 2023 for AED 2,044,767, or AED 1,312 per sqft.
  • Rented since July 2020 on 3 Ejari contracts, from AED 85,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2023 price is 6.1%, before a service charge of about AED 24,200 a year (AED 15.56 per sqft).
  • Two-beds in The Atria Residential Building sold for AED 2,150,000–2,700,000 in the 12 months to November 2026; the building's median across all types is AED 1,508 per sqft.

Source: Dubai Land Department. Updated 12 October 2023.

Questions about 704, The Atria Residential Building

What did unit 704 last sell for?

AED 2,044,767 on 12 October 2023, sold by the developer: AED 1,312 per sqft for 1,558 sqft. It is the only registered sale of the unit.

What is the rent for unit 704?

AED 125,000 a year on the contract signed on 5 October 2022. The previous contract, from July 2021, was AED 85,000; the unit has been rented since July 2020.

How big is unit 704?

1,558 sqft (144.7 sqm): a two-bedroom apartment on the 7th floor of a 27-storey tower completed in 2018.

What is unit 704 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Atria Residential Building sold for AED 2,150,000 to 2,700,000 in the last 12 months, around AED 1,402 per sqft.

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Mortgage on 704, The Atria Residential Building

Starts from the last sale price (AED 2.04M, 12 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,044,767
Deposit, UAE resident (20%)
AED 408,953
Deposit, non-resident (40%)
AED 817,907
Monthly over 25 years at 3.7%
AED 8,366

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