Studio · 543 sqftThe Court Tower, Business Bay · 23rd floor · completed 2021

2306, The Court Tower

Sold prices and rental history: sold once, by the developer in March 2021, and rented once, from February 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2306 · DLD and Ejari recordsUpdated 12 February 2024
Last soldAED 372K28 March 2021
Current rentAED 90K /yr12 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2306, The Court Tower

What is 2306 worth today?

Last sold for AED 371,769 in 2021

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12 Feb 2024RentedNew contract
AED 90,000/yr3 months · AED 164 per sqft
28 Mar 2021Sold by developerOff-plan
AED 371,769AED 684 per sqft

Source: Dubai Land Department. Updated 12 February 2024.

Key facts

Type
Studio apartment
Size
543 sqft
Floor
23rd of 30
Parking
1
Developer
Tanmiyat Global Real Estate Development
Completed
2021
Last sold
AED 372K · March 2021

About 2306, The Court Tower

2306 is a studio of 543 sqft on the 23rd floor of The Court Tower, a 30-storey tower in Business Bay completed in 2021 by Tanmiyat Global Real Estate Development. The developer sold it on 28 March 2021 for AED 371,769, or AED 684 per sqft, 14% below the AED 799 studios in the building were fetching at the time.

One Ejari contract is registered, from 12 February 2024. The current contract, signed on 12 February 2024, is AED 90,000 a year: a gross yield of 24.2% on the 2021 price.

Sales and rents for 2306 over time

Sales
Unit 2306, each saleTypical studio in The Court Tower
500K1M2016201920222025Typical sale price by year: 2016 AED 684,899; 2017 AED 682,723; 2018 AED 519,111; 2019 AED 397,769; 2020 AED 415,487; 2021 AED 357,165; 2022 AED 374,000; 2023 AED 952,320; 2024 AED 720,000; 2025 AED 800,000; 2026 AED 650,000Sold by developer, March 2021: AED 371,769 (AED 684 per sqft)

2306 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 2306, each contractTypical studio in The Court Tower
60K80K2024202520262027Typical rent by year: 2024 AED 65,000; 2025 AED 69,000; 2026 AED 60,000New contract, February 2024: AED 90,000 a year

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

Studios in The Court Tower, and where 2306 sits

All 93 studios →

2306 last sold in March 2021 at AED 684 per sqft, 14% below what studios in The Court Tower were fetching at the time (AED 799). Over the last 12 months studios sold for AED 606,460 to 900,000, around AED 1,677 per sqft, and rent for AED 22,945 to 120,000 a year. 2306's AED 90,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
9 Oct 2026606,460
27 Apr 2026660,000
22 Apr 2026650,000
16 Apr 2026650,000
6 studio sales in the last 12 months

The Court Tower

Building

139 apartments, studios to 1-bed over 30 floors in Business Bay, completed in 2021 by Tanmiyat Global Real Estate Development. 9 sold in the last 12 months.

Typical price per sqft
AED 1,598
Typical sale
AED 850K
Typical rent
AED 78K /yr
Typical yield
7.9%
The Court Tower, Business Bay: prices, sales and rents →

Other units on the 23rd floor

All 139 units in The Court Tower
Value
23011-bedAED 1.39M · Feb 2017
23021-bedAED 1.47M · Dec 2023
2303StudioAED 720K · Feb 2017
23041-bedAED 1.16M · Aug 2026
2305StudioAED 371K · Jul 2021
2307StudioAED 893K · Aug 2017
2308StudioAED 357K · Mar 2021
1–7 of 16

2306, The Court Tower in numbers

  • Sold once: by Tanmiyat Global Real Estate Development on 28 March 2021 for AED 371,769, or AED 684 per sqft.
  • Rented since February 2024 on one Ejari contract, at AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2021 price is 24.2%.
  • Studios in The Court Tower sold for AED 606,460–900,000 in the 12 months to November 2026; the building's median across all types is AED 1,598 per sqft.

Source: Dubai Land Department. Updated 12 February 2024.

Questions about 2306, The Court Tower

What did unit 2306 last sell for?

AED 371,769 on 28 March 2021, sold by the developer: AED 684 per sqft for 543 sqft. It is the only registered sale of the unit.

What is the rent for unit 2306?

AED 90,000 a year on the contract signed on 12 February 2024.

How big is unit 2306?

543 sqft (50.4 sqm): a studio on the 23rd floor of a 30-storey tower completed in 2021.

What is unit 2306 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in The Court Tower sold for AED 606,460 to 900,000 in the last 12 months, around AED 1,677 per sqft.

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Mortgage on 2306, The Court Tower

Starts from the last sale price (AED 372K, 28 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 371,769
Deposit, UAE resident (20%)
AED 74,354
Deposit, non-resident (40%)
AED 148,708
Monthly over 25 years at 3.7%
AED 1,521

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