2401, The Vela Dorchester Collection
Sold prices and rental history: sold once, by the developer in January 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2401, The Vela Dorchester Collection
What is 2401 worth today?
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Source: Dubai Land Department. Updated 19 January 2024.
Key facts
- Type
- 4-bed apartment
- Size
- 8,462 sqft
- Floor
- 24th of 27
- Parking
- 4
- Developer
- Downtown Creek Real Estate Development
- Last sold
- AED 61.7M · January 2024
- Building
- The Vela Dorchester Collection
About 2401, The Vela Dorchester Collection
2401 is a four-bedroom apartment of 8,462 sqft on the 24th floor of The Vela Dorchester Collection, a 27-storey tower in Business Bay by Downtown Creek Real Estate Development . The developer sold it on 19 January 2024 for AED 61,695,000, or AED 7,290 per sqft.
No rental contract for the unit is registered on Ejari.
4-beds in The Vela Dorchester Collection, and where 2401 sits
All 5 4-beds →Over the last 12 months four-beds sold for AED 60,730,110, around AED 8,236 per sqft.
| Recent 4-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Apr 202627 April 2026 | 7,373 sqft | 60,730,110 | 8,236 | ||
| 10 Feb 202510 February 2025 | 7,351 sqft | 50,318,100 | 6,845 | ||
| 21 May 202421 May 2024 | 8,462 sqft | 74,042,191 | 8,750 | ||
| 14 Nov 202314 November 2023 | 7,264 sqft | 50,698,515 | 6,979 |
The Vela Dorchester Collection
Building25 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
2401, The Vela Dorchester Collection in numbers
- Sold once: by Downtown Creek Real Estate Development on 19 January 2024 for AED 61,695,000, or AED 7,290 per sqft.
- Four-beds in The Vela Dorchester Collection sold for AED 60,730,110–60,730,110 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 19 January 2024.
Questions about 2401, The Vela Dorchester Collection
What did unit 2401 last sell for?
AED 61,695,000 on 19 January 2024, sold by the developer: AED 7,290 per sqft for 8,462 sqft. It is the only registered sale of the unit.
How big is unit 2401?
8,462 sqft (786.1 sqm): a four-bedroom apartment on the 24th floor of a 27-storey tower.
What is unit 2401 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in The Vela Dorchester Collection sold for AED 60,730,110 to 60,730,110 in the last 12 months, around AED 8,236 per sqft.
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Mortgage on 2401, The Vela Dorchester Collection
Starts from the last sale price (AED 61.7M, 19 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 61,695,000
- Deposit, UAE resident (20%)
- AED 12,339,000
- Deposit, non-resident (40%)
- AED 24,678,000
- Monthly over 25 years at 3.7%
- AED 252,413
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →