2-bed · 2,780 sqftVela Viento, Business Bay · 14th floor · completed 2027

1402, Vela Viento

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

Unit 1402 · DLD and Ejari recordsUpdated 11 November 2024
Last soldAED 17.63M11 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1402, Vela Viento

What is 1402 worth today?

Last sold for AED 17,634,021 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

11 Nov 2024Sold by developerOff-plan
AED 17,634,021AED 6,343 per sqft

Source: Dubai Land Department. Updated 11 November 2024.

Key facts

Type
2-bed apartment
Size
2,780 sqft
Floor
14th of 40
Parking
2
Developer
Royal Creek Real Estate Development
Completed
2027
Last sold
AED 17.63M · November 2024
Building
Vela Viento

About 1402, Vela Viento

1402 is a two-bedroom apartment of 2,780 sqft on the 14th 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 11 November 2024 for AED 17,634,021, or AED 6,343 per sqft, in line with the AED 6,256 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1402 over time

Sales
Unit 1402, each saleTypical two-bed in Vela Viento
18M20M2024202520262027Typical sale price by year: 2024 AED 18,212,976; 2025 AED 20,861,471; 2026 AED 19,956,612Sold by developer, November 2024: AED 17,634,021 (AED 6,343 per sqft)

1402 has sold once; the dashed line is the two-bed median of each year in the building.

2-beds in Vela Viento, and where 1402 sits

All 17 2-beds →

1402 last sold in November 2024 at AED 6,343 per sqft, in line with what two-beds in Vela Viento were fetching at the time (AED 6,256). Over the last 12 months two-beds sold for AED 17,417,695 to 21,259,991, around AED 5,592 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
24 Mar 202619,000,000
1 Feb 202617,417,695
12 Jan 202620,913,223
8 Jan 202621,259,991
4 2-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 →

Other units on the 14th floor

All 36 units in Vela Viento
Value
14012-bedAED 21.32M · Nov 2024

1402, Vela Viento in numbers

  • Sold once: by Royal Creek Real Estate Development on 11 November 2024 for AED 17,634,021, or AED 6,343 per sqft.
  • Two-beds in Vela Viento sold for AED 17,417,695–21,259,991 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 11 November 2024.

Questions about 1402, Vela Viento

What did unit 1402 last sell for?

AED 17,634,021 on 11 November 2024, sold by the developer: AED 6,343 per sqft for 2,780 sqft. It is the only registered sale of the unit.

How big is unit 1402?

2,780 sqft (258.3 sqm): a two-bedroom apartment on the 14th floor of a 40-storey tower completed in 2027.

What is unit 1402 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Vela Viento sold for AED 17,417,695 to 21,259,991 in the last 12 months, around AED 5,592 per sqft.

Selling 1402? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1402, Vela Viento

Starts from the last sale price (AED 17.63M, 11 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 17,634,021
Deposit, UAE resident (20%)
AED 3,526,804
Deposit, non-resident (40%)
AED 7,053,608
Monthly over 25 years at 3.7%
AED 72,146

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