2501, The Vela Dorchester Collection
Sold prices and rental history: sold once, by the developer in December 2023, 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 2501, The Vela Dorchester Collection
What is 2501 worth today?
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Source: Dubai Land Department. Updated 11 December 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 6,302 sqft
- Floor
- 25th of 27
- Parking
- 3
- Developer
- Downtown Creek Real Estate Development
- Last sold
- AED 41.58M · December 2023
- Building
- The Vela Dorchester Collection
About 2501, The Vela Dorchester Collection
2501 is a three-bedroom apartment of 6,302 sqft on the 25th floor of The Vela Dorchester Collection, a 27-storey tower in Business Bay by Downtown Creek Real Estate Development . The developer sold it on 11 December 2023 for AED 41,580,000, or AED 6,598 per sqft, in line with the AED 6,708 three-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 2501 over time
2501 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 2501 sits
All 20 3-beds →2501 last sold in December 2023 at AED 6,598 per sqft, in line with what three-beds in The Vela Dorchester Collection were fetching at the time (AED 6,708). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Nov 20262 November 2026 | 6,361 sqft | 38,997,126 | 6,130 | ||
| 7 Apr 20267 April 2026 | 4,257 sqft | 28,813,500 | 6,769 | ||
| 20 Aug 202420 August 2024 | 6,302 sqft | 42,903,000 | 6,808 | ||
| 26 Jun 202426 June 2024 | 5,988 sqft | 36,417,229 | 6,082 |
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
2501, The Vela Dorchester Collection in numbers
- Sold once: by Downtown Creek Real Estate Development on 11 December 2023 for AED 41,580,000, or AED 6,598 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 11 December 2023.
Questions about 2501, The Vela Dorchester Collection
What did unit 2501 last sell for?
AED 41,580,000 on 11 December 2023, sold by the developer: AED 6,598 per sqft for 6,302 sqft. It is the only registered sale of the unit.
How big is unit 2501?
6,302 sqft (585.5 sqm): a three-bedroom apartment on the 25th floor of a 27-storey tower.
What is unit 2501 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 2501, The Vela Dorchester Collection
Starts from the last sale price (AED 41.58M, 11 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 41,580,000
- Deposit, UAE resident (20%)
- AED 8,316,000
- Deposit, non-resident (40%)
- AED 16,632,000
- Monthly over 25 years at 3.7%
- AED 170,117
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →