1602, 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.
Property timeline for 1602, Vela Viento
What is 1602 worth today?
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Source: Dubai Land Department. Updated 1 November 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 2,780 sqft
- Floor
- 16th of 40
- Parking
- 2
- Developer
- Royal Creek Real Estate Development
- Completed
- 2027
- Last sold
- AED 21.47M · November 2024
- Building
- Vela Viento
About 1602, Vela Viento
1602 is a two-bedroom apartment of 2,780 sqft on the 16th 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 1 November 2024 for AED 21,473,493, or AED 7,724 per sqft, 20% above the AED 6,449 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1602 over time
1602 has sold once; the dashed line is the two-bed median of each year in the building.
2-beds in Vela Viento, and where 1602 sits
All 17 2-beds →1602 last sold in November 2024 at AED 7,724 per sqft, 20% above what two-beds in Vela Viento were fetching at the time (AED 6,449). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Mar 202624 March 2026 | 3,771 sqft | 19,000,000 | 5,038 | ||
| 1 Feb 20261 February 2026 | 2,780 sqft | 17,417,695 | 6,265 | ||
| 12 Jan 202612 January 2026 | 3,771 sqft | 20,913,223 | 5,546 | ||
| 8 Jan 20268 January 2026 | 3,771 sqft | 21,259,991 | 5,638 |
Vela Viento
Building36 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
Other units on the 16th floor
All 36 units in Vela Viento1602, Vela Viento in numbers
- Sold once: by Royal Creek Real Estate Development on 1 November 2024 for AED 21,473,493, or AED 7,724 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 1 November 2024.
Questions about 1602, Vela Viento
What did unit 1602 last sell for?
AED 21,473,493 on 1 November 2024, sold by the developer: AED 7,724 per sqft for 2,780 sqft. It is the only registered sale of the unit.
How big is unit 1602?
2,780 sqft (258.3 sqm): a two-bedroom apartment on the 16th floor of a 40-storey tower completed in 2027.
What is unit 1602 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.
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Mortgage on 1602, Vela Viento
Starts from the last sale price (AED 21.47M, 1 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 21,473,493
- Deposit, UAE resident (20%)
- AED 4,294,699
- Deposit, non-resident (40%)
- AED 8,589,397
- Monthly over 25 years at 3.7%
- AED 87,855
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →