4-bed · 8,462 sqftThe Vela Dorchester Collection, Business Bay · 26th floor

2601, The Vela Dorchester Collection

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

Unit 2601 · DLD and Ejari recordsUpdated 21 May 2024
Last soldAED 74.04M21 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2601, The Vela Dorchester Collection

What is 2601 worth today?

Last sold for AED 74,042,191 in 2024

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21 May 2024Sold by developerOff-plan
AED 74,042,191AED 8,750 per sqft

Source: Dubai Land Department. Updated 21 May 2024.

Key facts

Type
4-bed apartment
Size
8,462 sqft
Floor
26th of 27
Parking
4
Developer
Downtown Creek Real Estate Development
Last sold
AED 74.04M · May 2024

About 2601, The Vela Dorchester Collection

2601 is a four-bedroom apartment of 8,462 sqft on the 26th floor of The Vela Dorchester Collection, a 27-storey tower in Business Bay by Downtown Creek Real Estate Development . The developer sold it on 21 May 2024 for AED 74,042,191, or AED 8,750 per sqft, 20% above the AED 7,290 four-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

4-beds in The Vela Dorchester Collection, and where 2601 sits

All 5 4-beds →

2601 last sold in May 2024 at AED 8,750 per sqft, 20% above what four-beds in The Vela Dorchester Collection were fetching at the time (AED 7,290). Over the last 12 months four-beds sold for AED 60,730,110, around AED 8,236 per sqft.

Recent 4-bed salesUnit no.Price (AED)Summary
27 Apr 202660,730,110
10 Feb 202550,318,100
19 Jan 202461,695,000
14 Nov 202350,698,515
1 4-bed sale 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 →

2601, The Vela Dorchester Collection in numbers

  • Sold once: by Downtown Creek Real Estate Development on 21 May 2024 for AED 74,042,191, or AED 8,750 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 21 May 2024.

Questions about 2601, The Vela Dorchester Collection

What did unit 2601 last sell for?

AED 74,042,191 on 21 May 2024, sold by the developer: AED 8,750 per sqft for 8,462 sqft. It is the only registered sale of the unit.

How big is unit 2601?

8,462 sqft (786.1 sqm): a four-bedroom apartment on the 26th floor of a 27-storey tower.

What is unit 2601 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 2601, The Vela Dorchester Collection

Starts from the last sale price (AED 74.04M, 21 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 74,042,191
Deposit, UAE resident (20%)
AED 14,808,438
Deposit, non-resident (40%)
AED 29,616,876
Monthly over 25 years at 3.7%
AED 302,930

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