Studio · 519 sqftThe Court Tower, Business Bay · 23rd floor · completed 2021

2316, The Court Tower

Sold prices and rental history: sold twice, last in May 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2316 · DLD and Ejari recordsUpdated 16 May 2023
Last soldAED 500K16 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2316, The Court Tower

What is 2316 worth today?

Last sold for AED 500,000 in 2023

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16 May 2023SoldOff-plan
AED 500,000AED 962 per sqft
6 Jun 2018Sold by developerOff-plan
AED 831,152AED 1,600 per sqft

Source: Dubai Land Department. Updated 16 May 2023.

Key facts

Type
Studio apartment
Size
519 sqft
Floor
23rd of 30
Parking
P2-46
Developer
Tanmiyat Global Real Estate Development
Completed
2021
Last sold
AED 500K · May 2023

About 2316, The Court Tower

2316 is a studio of 519 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. It last sold on 16 May 2023 for AED 500,000, or AED 962 per sqft, 4% below the AED 999 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2316 over time

Sales
Unit 2316, 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, June 2018: AED 831,152 (AED 1,600 per sqft)Sold, May 2023: AED 500,000 (AED 962 per sqft)

2316 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 2316, each contractTypical studio in The Court Tower
60K65K70K2024202520262027Typical rent by year: 2024 AED 65,000; 2025 AED 69,000; 2026 AED 60,000

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 2316 sits

All 93 studios →

2316 last sold in May 2023 at AED 962 per sqft, 4% below what studios in The Court Tower were fetching at the time (AED 999). 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.

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
2306StudioAED 372K · Mar 2021
2307StudioAED 893K · Aug 2017
1–7 of 16

2316, The Court Tower in numbers

  • Sold twice: first on 6 June 2018 for AED 831,152, last on 16 May 2023 for AED 500,000 (AED 962 per sqft).
  • 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 16 May 2023.

Questions about 2316, The Court Tower

What did unit 2316 last sell for?

AED 500,000 on 16 May 2023: AED 962 per sqft for 519 sqft. The unit has 2 registered sales; the first was AED 831,152 in June 2018.

How big is unit 2316?

519 sqft (48.2 sqm): a studio on the 23rd floor of a 30-storey tower completed in 2021.

What is unit 2316 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 2316, The Court Tower

Starts from the last sale price (AED 500K, 16 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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