Studio · 519 sqftThe Court Tower, Business Bay · 25th floor · completed 2021

2516, The Court Tower

Sold prices and rental history: sold once, by the developer in September 2016, and rented continuously since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2516 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 779K28 September 2016
Current rentAED 55K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2516, The Court Tower

What is 2516 worth today?

Last sold for AED 779,205 in 2016

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Jul 2026RentedNew contract
AED 55,000/yr12 months · AED 105 per sqft
31 Jan 2026RentedRenewal
AED 78,000/yr12 months · AED 148 per sqft
31 Jan 2025RentedNew contract
AED 75,000/yr12 months · AED 142 per sqft
31 Jan 2025RentedNew contract
AED 75,000/yr12 months · AED 142 per sqft
28 Sep 2016Sold by developerOff-plan
AED 779,205AED 1,500 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
Studio apartment
Size
519 sqft
Floor
25th of 30
Parking
1
Developer
Tanmiyat Global Real Estate Development
Completed
2021
Last sold
AED 779K · September 2016

About 2516, The Court Tower

2516 is a studio of 519 sqft on the 25th 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 September 2016 for AED 779,205, or AED 1,500 per sqft, in line with the AED 1,500 studios in the building were fetching at the time.

It has been rented continuously since 2025 on 4 Ejari contracts. The current contract, signed on 1 July 2026, is AED 55,000 a year: a gross yield of 7.1% on the 2016 price.

Sales and rents for 2516 over time

Sales
Unit 2516, 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, September 2016: AED 779,205 (AED 1,500 per sqft)

2516 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 2516, each contractTypical studio in The Court Tower
60K80K2024202520262027Typical rent by year: 2024 AED 65,000; 2025 AED 69,000; 2026 AED 60,000New contract, January 2025: AED 75,000 a yearNew contract, January 2025: AED 75,000 a yearRenewal, January 2026: AED 78,000 a yearNew contract, July 2026: AED 55,000 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 2516 sits

All 93 studios →

2516 last sold in September 2016 at AED 1,500 per sqft, in line with what studios in The Court Tower were fetching at the time (AED 1,500). 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. 2516's AED 55,000 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 25th floor

All 139 units in The Court Tower
Value
25011-bedAED 1.2M · Apr 2025
25021-bedAED 1.19M · Mar 2024
2503StudioAED 675K · May 2024
25041-bedAED 1.07M · Oct 2016
2505StudioAED 650K · Apr 2026
2506StudioNo registered sale
2507StudioAED 809K · Oct 2016
1–7 of 16

2516, The Court Tower in numbers

  • Sold once: by Tanmiyat Global Real Estate Development on 28 September 2016 for AED 779,205, or AED 1,500 per sqft.
  • Rented since January 2025 on 4 Ejari contracts, from AED 75,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2016 price is 7.1%.
  • 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 1 July 2026.

Questions about 2516, The Court Tower

What did unit 2516 last sell for?

AED 779,205 on 28 September 2016, sold by the developer: AED 1,500 per sqft for 519 sqft. It is the only registered sale of the unit.

What is the rent for unit 2516?

AED 55,000 a year on the contract signed on 1 July 2026. The previous contract, from January 2026, was AED 78,000; the unit has been rented since January 2025.

How big is unit 2516?

519 sqft (48.2 sqm): a studio on the 25th floor of a 30-storey tower completed in 2021.

What is unit 2516 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.

Selling 2516? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 2516, The Court Tower

Starts from the last sale price (AED 779K, 28 September 2016). Switch to today's estimate once you have unlocked it.
Price
AED 779,205
Deposit, UAE resident (20%)
AED 155,841
Deposit, non-resident (40%)
AED 311,682
Monthly over 25 years at 3.7%
AED 3,188

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