3-bed · 5,988 sqftThe Vela Dorchester Collection, Business Bay · 2nd floor

201, The Vela Dorchester Collection

Sold prices and rental history: sold once, by the developer in June 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 201 · DLD and Ejari recordsUpdated 26 June 2024
Last soldAED 36.42M26 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 201, The Vela Dorchester Collection

What is 201 worth today?

Last sold for AED 36,417,229 in 2024

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26 Jun 2024Sold by developerOff-plan
AED 36,417,229AED 6,082 per sqft

Source: Dubai Land Department. Updated 26 June 2024.

Key facts

Type
3-bed apartment
Size
5,988 sqft
Floor
2nd of 27
Parking
2
Developer
Downtown Creek Real Estate Development
Last sold
AED 36.42M · June 2024

About 201, The Vela Dorchester Collection

201 is a three-bedroom apartment of 5,988 sqft on the 2nd floor of The Vela Dorchester Collection, a 27-storey tower in Business Bay by Downtown Creek Real Estate Development . The developer sold it on 26 June 2024 for AED 36,417,229, or AED 6,082 per sqft, 9% below the AED 6,651 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 201 over time

Sales
Unit 201, each saleTypical three-bed in The Vela Dorchester Collection
30M35M202320242025Typical sale price by year: 2023 AED 28,998,900; 2024 AED 37,827,090Sold by developer, June 2024: AED 36,417,229 (AED 6,082 per sqft)

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

3-beds in The Vela Dorchester Collection, and where 201 sits

All 20 3-beds →

201 last sold in June 2024 at AED 6,082 per sqft, 9% below what three-beds in The Vela Dorchester Collection were fetching at the time (AED 6,651). Over the last 12 months three-beds sold for AED 28,813,500 to 38,997,126, around AED 6,450 per sqft.

Recent 3-bed salesUnit no.Price (AED)Summary
2 Nov 202638,997,126
7 Apr 202628,813,500
20 Aug 202442,903,000
26 May 202444,602,500
2 3-bed sales in the last 12 months

The Vela Dorchester Collection

Building

25 apartments, 3-bed to 4-bed over 27 floors in Business Bay by Downtown Creek Real Estate Development . 3 sold in the last 12 months.

Typical price per sqft
AED 6,769
Typical sale
AED 39M
Typical rent
Few contracts
Typical yield
The Vela Dorchester Collection, Business Bay: prices, sales and rents →

201, The Vela Dorchester Collection in numbers

  • Sold once: by Downtown Creek Real Estate Development on 26 June 2024 for AED 36,417,229, or AED 6,082 per sqft.
  • Three-beds in The Vela Dorchester Collection sold for AED 28,813,500–38,997,126 in the 12 months to November 2026; the building's median across all types is AED 6,769 per sqft.

Source: Dubai Land Department. Updated 26 June 2024.

Questions about 201, The Vela Dorchester Collection

What did unit 201 last sell for?

AED 36,417,229 on 26 June 2024, sold by the developer: AED 6,082 per sqft for 5,988 sqft. It is the only registered sale of the unit.

How big is unit 201?

5,988 sqft (556.3 sqm): a three-bedroom apartment on the 2nd floor of a 27-storey tower.

What is unit 201 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in The Vela Dorchester Collection sold for AED 28,813,500 to 38,997,126 in the last 12 months, around AED 6,450 per sqft.

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Mortgage on 201, The Vela Dorchester Collection

Starts from the last sale price (AED 36.42M, 26 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 36,417,229
Deposit, UAE resident (20%)
AED 7,283,446
Deposit, non-resident (40%)
AED 14,566,892
Monthly over 25 years at 3.7%
AED 148,994

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