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2-bed · 5,040 sqftVolante, Business Bay · 16th floor · completed 2017

1601, Volante

Sold prices and rental history: sold once, by the developer in March 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1601 · DLD and Ejari recordsUpdated 5 March 2017
Last soldAED 10M5 March 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1601, Volante

What is 1601 worth today?

Last sold for AED 10,000,000 in 2017

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5 Mar 2017Sold by developerReady
AED 10,000,000AED 1,984 per sqft

Source: Dubai Land Department. Updated 5 March 2017.

Key facts

Type
2-bed apartment
Size
5,040 sqft
Floor
16th of 34
Parking
L2-50,L2-54
Developer
XV.A05.019
Completed
2017
Service charge
AED 125,300 /yr
Last sold
AED 10M · March 2017
Building
Volante

About 1601, Volante

1601 is a two-bedroom apartment of 5,040 sqft on the 16th floor of Volante, a 34-storey tower in Business Bay completed in 2017 by XV.A05.019. The developer sold it on 5 March 2017 for AED 10,000,000, or AED 1,984 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1601 over time

Sales
Unit 1601, each saleTypical two-bed in Volante
10M20M20172019202120232025Typical sale price by year: 2017 AED 10,000,000; 2020 AED 15,600,000; 2021 AED 16,746,400; 2024 AED 21,500,000Sold by developer, March 2017: AED 10,000,000 (AED 1,984 per sqft)

1601 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1601, each contractTypical two-bed in Volante
800K1M1.2M2018202120242027Typical rent by year: 2018 AED 725,000; 2020 AED 950,000; 2021 AED 1,050,000; 2022 AED 885,000; 2023 AED 1,000,000; 2025 AED 1,150,000; 2026 AED 900,000

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Volante, and where 1601 sits

All 21 2-beds →
Recent 2-bed salesUnit no.Price (AED)Summary
1 May 202524,100,000
7 Nov 202420,500,000
7 Nov 202422,500,000
30 May 202420,500,000
0 2-bed sales in the last 12 months

Volante

Building

45 apartments, 1-bed to 5-bed over 34 floors in Business Bay, completed in 2017 by XV.A05.019. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 900K /yr
Typical yield
Volante, Business Bay: prices, sales and rents →

Other units on the 16th floor

All 45 units in Volante
Value
16022-bedAED 10M · Mar 2017

1601, Volante in numbers

  • Sold once: by XV.A05.019 on 5 March 2017 for AED 10,000,000, or AED 1,984 per sqft.

Source: Dubai Land Department. Updated 5 March 2017.

Questions about 1601, Volante

What did unit 1601 last sell for?

AED 10,000,000 on 5 March 2017, sold by the developer: AED 1,984 per sqft for 5,040 sqft. It is the only registered sale of the unit.

How big is unit 1601?

5,040 sqft (468.2 sqm): a two-bedroom apartment on the 16th floor of a 34-storey tower completed in 2017.

What is unit 1601 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1601, Volante

Starts from the last sale price (AED 10M, 5 March 2017). Switch to today's estimate once you have unlocked it.
Price
AED 10,000,000
Deposit, UAE resident (20%)
AED 2,000,000
Deposit, non-resident (40%)
AED 4,000,000
Monthly over 25 years at 3.7%
AED 40,913

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