2-bed · 5,043 sqftVolante, Business Bay · 16th floor · completed 2017

1602, Volante

Sold prices and rental history: sold once, by the developer in March 2017, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1602 · DLD and Ejari recordsUpdated 1 February 2026
Last soldAED 10M5 March 2017
Current rentAED 798K /yr1 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1602, Volante

What is 1602 worth today?

Last sold for AED 10,000,000 in 2017

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1 Feb 2026RentedNew contract
AED 797,626/yr12 months · AED 158 per sqft
1 Jan 2022RentedRenewal
AED 700,000/yr36 months · AED 139 per sqft
1 Jan 2021RentedNew contract
AED 700,000/yr12 months · AED 139 per sqft
5 Mar 2017Sold by developerReady
AED 10,000,000AED 1,982 per sqft

Source: Dubai Land Department. Updated 1 February 2026.

Key facts

Type
2-bed apartment
Size
5,043 sqft
Floor
16th of 34
Parking
L2-51,L2-52
Developer
XV.A05.019
Completed
2017
Service charge
AED 125,400 /yr
Last sold
AED 10M · March 2017
Building
Volante

About 1602, Volante

1602 is a two-bedroom apartment of 5,043 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 1,982 per sqft.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 1 February 2026, is AED 797,626 a year: a gross yield of 8.0% on the 2017 price, before the service charge of about AED 125,400 a year.

Sales and rents for 1602 over time

Sales
Unit 1602, 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 1,982 per sqft)

1602 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1602, each contractTypical two-bed in Volante
750K1M2018202120242027Typical 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 900,000New contract, January 2021: AED 700,000 a yearRenewal, January 2022: AED 700,000 a yearNew contract, February 2026: AED 797,626 a year

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 1602 sits

All 21 2-beds →

1602's AED 797,626 is at the bottom of that range.

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
16012-bedAED 10M · Mar 2017

1602, Volante in numbers

  • Sold once: by XV.A05.019 on 5 March 2017 for AED 10,000,000, or AED 1,982 per sqft.
  • Rented since January 2021 on 3 Ejari contracts, from AED 700,000 to AED 797,626 a year.
  • At AED 797,626 a year the gross yield on the 2017 price is 8.0%, before a service charge of about AED 125,400 a year (AED 24.86 per sqft).

Source: Dubai Land Department. Updated 1 February 2026.

Questions about 1602, Volante

What did unit 1602 last sell for?

AED 10,000,000 on 5 March 2017, sold by the developer: AED 1,982 per sqft for 5,043 sqft. It is the only registered sale of the unit.

What is the rent for unit 1602?

AED 797,626 a year on the contract signed on 1 February 2026. The previous contract, from January 2022, was AED 700,000; the unit has been rented since January 2021.

How big is unit 1602?

5,043 sqft (468.5 sqm): a two-bedroom apartment on the 16th floor of a 34-storey tower completed in 2017.

What is unit 1602 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 1602, 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 →