Studio · 532 sqftThe Court Tower, Business Bay · 24th floor · completed 2021

2406, The Court Tower

Sold prices and rental history: sold once, by the developer in August 2016, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2406 · DLD and Ejari recordsUpdated 5 January 2026
Last soldAED 700K29 August 2016
Current rentAED 65K /yr5 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2406, The Court Tower

What is 2406 worth today?

Last sold for AED 700,000 in 2016

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5 Jan 2026RentedRenewal
AED 65,000/yr12 months · AED 118 per sqft
5 Jan 2025RentedRenewal
AED 65,000/yr12 months · AED 118 per sqft
5 Jan 2024RentedNew contract
AED 65,000/yr12 months · AED 118 per sqft
29 Aug 2016Sold by developerOff-plan
AED 700,000AED 1,314 per sqft

Source: Dubai Land Department. Updated 5 January 2026.

Key facts

Type
Studio apartment
Size
532 sqft
Floor
24th of 30
Parking
1
Developer
Tanmiyat Global Real Estate Development
Completed
2021
Last sold
AED 700K · August 2016

About 2406, The Court Tower

2406 is a studio of 532 sqft on the 24th 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 29 August 2016 for AED 700,000, or AED 1,314 per sqft.

It has been rented since 2024 on 3 Ejari contracts. The current contract, renewed on 5 January 2026, is AED 65,000 a year: a gross yield of 9.3% on the 2016 price.

Sales and rents for 2406 over time

Sales
Unit 2406, 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, August 2016: AED 700,000 (AED 1,314 per sqft)

2406 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 2406, each contractTypical studio in The Court Tower
60K65K70K2024202520262027Typical rent by year: 2024 AED 65,000; 2025 AED 69,000; 2026 AED 60,000New contract, January 2024: AED 65,000 a yearRenewal, January 2025: AED 65,000 a yearRenewal, January 2026: AED 65,000 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 2406 sits

All 93 studios →

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. 2406's AED 65,000 is in the lower 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 24th floor

All 139 units in The Court Tower
Value
24011-bedAED 1.3M · Sep 2016
2403StudioAED 587K · May 2017
24041-bedAED 1.15M · May 2024
2405StudioAED 598K · Oct 2016
2407StudioAED 800K · Feb 2025
2408StudioAED 809K · Jan 2017
2409StudioAED 425K · Jun 2022
1–7 of 15

2406, The Court Tower in numbers

  • Sold once: by Tanmiyat Global Real Estate Development on 29 August 2016 for AED 700,000, or AED 1,314 per sqft.
  • Rented since January 2024 on 3 Ejari contracts, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2016 price is 9.3%.
  • 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 5 January 2026.

Questions about 2406, The Court Tower

What did unit 2406 last sell for?

AED 700,000 on 29 August 2016, sold by the developer: AED 1,314 per sqft for 532 sqft. It is the only registered sale of the unit.

What is the rent for unit 2406?

AED 65,000 a year on the contract renewed on 5 January 2026. The previous contract, from January 2025, was AED 65,000; the unit has been rented since January 2024.

How big is unit 2406?

532 sqft (49.4 sqm): a studio on the 24th floor of a 30-storey tower completed in 2021.

What is unit 2406 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 2406, The Court Tower

Starts from the last sale price (AED 700K, 29 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

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