3-bed · 3,902 sqftVela Viento, Business Bay · 12th floor · completed 2027

1201, Vela Viento

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

Unit 1201 · DLD and Ejari recordsUpdated 14 August 2024
Last soldAED 24.28M14 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1201, Vela Viento

What is 1201 worth today?

Last sold for AED 24,275,945 in 2024

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14 Aug 2024Sold by developerOff-plan
AED 24,275,945AED 6,221 per sqft

Source: Dubai Land Department. Updated 14 August 2024.

Key facts

Type
3-bed apartment
Size
3,902 sqft
Floor
12th of 40
Parking
3
Developer
Royal Creek Real Estate Development
Completed
2027
Last sold
AED 24.28M · August 2024
Building
Vela Viento

About 1201, Vela Viento

1201 is a three-bedroom apartment of 3,902 sqft on the 12th floor of Vela Viento, a 40-storey tower in Business Bay completed in 2027 by Royal Creek Real Estate Development. The developer sold it on 14 August 2024 for AED 24,275,945, or AED 6,221 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1201 over time

Sales
Unit 1201, each saleTypical three-bed in Vela Viento
24M25M2024202520262027Typical sale price by year: 2024 AED 23,338,551; 2025 AED 24,227,942; 2026 AED 24,982,150Sold by developer, August 2024: AED 24,275,945 (AED 6,221 per sqft)

1201 has sold once; the dashed line is the three-bed median of each year in the building.

3-beds in Vela Viento, and where 1201 sits

All 16 3-beds →

Over the last 12 months three-beds sold for AED 23,518,800 to 32,000,000, around AED 6,691 per sqft.

Recent 3-bed salesUnit no.Price (AED)Summary
4 Aug 202623,518,800
29 Jul 202624,982,150
27 Apr 202632,000,000
28 May 202527,098,636
3 3-bed sales in the last 12 months

Vela Viento

Building

36 apartments, 2-bed to 4-bed over 40 floors in Business Bay, completed in 2027 by Royal Creek Real Estate Development. 10 sold in the last 12 months.

Typical price per sqft
AED 6,122 Up 0.1%
Typical sale
AED 24.25M
Typical rent
Few contracts
Typical yield
Vela Viento, Business Bay: prices, sales and rents →

1201, Vela Viento in numbers

  • Sold once: by Royal Creek Real Estate Development on 14 August 2024 for AED 24,275,945, or AED 6,221 per sqft.
  • Three-beds in Vela Viento sold for AED 23,518,800–32,000,000 in the 12 months to November 2026; the building's median across all types is AED 6,122 per sqft.

Source: Dubai Land Department. Updated 14 August 2024.

Questions about 1201, Vela Viento

What did unit 1201 last sell for?

AED 24,275,945 on 14 August 2024, sold by the developer: AED 6,221 per sqft for 3,902 sqft. It is the only registered sale of the unit.

How big is unit 1201?

3,902 sqft (362.5 sqm): a three-bedroom apartment on the 12th floor of a 40-storey tower completed in 2027.

What is unit 1201 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Vela Viento sold for AED 23,518,800 to 32,000,000 in the last 12 months, around AED 6,691 per sqft.

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Mortgage on 1201, Vela Viento

Starts from the last sale price (AED 24.28M, 14 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 24,275,945
Deposit, UAE resident (20%)
AED 4,855,189
Deposit, non-resident (40%)
AED 9,710,378
Monthly over 25 years at 3.7%
AED 99,320

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