2-bed · 5,040 sqftVolante, Business Bay · 19th floor · completed 2017

1901, Volante

Sold prices and rental history: sold once, by the developer in February 2024, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1901 · DLD and Ejari recordsUpdated 27 February 2024
Last soldAED 23M27 February 2024
Current rentAED 970K /yr24 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1901, Volante

What is 1901 worth today?

Last sold for AED 23,000,000 in 2024

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27 Feb 2024Sold by developerReady
AED 23,000,000AED 4,563 per sqft
24 Jul 2022RentedNew contract
AED 970,000/yr12 months · AED 193 per sqft
16 Jul 2019RentedNew contract
AED 850,000/yr12 months · AED 169 per sqft

Source: Dubai Land Department. Updated 27 February 2024.

Key facts

Type
2-bed apartment
Size
5,040 sqft
Floor
19th of 34
Parking
L2-17,L2-18
Developer
XV.A05.019
Completed
2017
Service charge
AED 125,300 /yr
Last sold
AED 23M · February 2024
Building
Volante

About 1901, Volante

1901 is a two-bedroom apartment of 5,040 sqft on the 19th floor of Volante, a 34-storey tower in Business Bay completed in 2017 by XV.A05.019. The developer sold it on 27 February 2024 for AED 23,000,000, or AED 4,563 per sqft, 10% above the AED 4,163 two-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 24 July 2022, is AED 970,000 a year: a gross yield of 4.2% on the 2024 price, before the service charge of about AED 125,300 a year.

Sales and rents for 1901 over time

Sales
Unit 1901, 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, February 2024: AED 23,000,000 (AED 4,563 per sqft)

1901 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1901, 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 900,000New contract, July 2019: AED 850,000 a yearNew contract, July 2022: AED 970,000 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 1901 sits

All 21 2-beds →

1901 last sold in February 2024 at AED 4,563 per sqft, 10% above what two-beds in Volante were fetching at the time (AED 4,163). 1901's AED 970,000 is in the lower half 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 19th floor

All 45 units in Volante
Value
19022-bedAED 24M · Apr 2024

1901, Volante in numbers

  • Sold once: by XV.A05.019 on 27 February 2024 for AED 23,000,000, or AED 4,563 per sqft.
  • Rented since July 2019 on 2 Ejari contracts, from AED 850,000 to AED 970,000 a year.
  • At AED 970,000 a year the gross yield on the 2024 price is 4.2%, before a service charge of about AED 125,300 a year (AED 24.86 per sqft).

Source: Dubai Land Department. Updated 27 February 2024.

Questions about 1901, Volante

What did unit 1901 last sell for?

AED 23,000,000 on 27 February 2024, sold by the developer: AED 4,563 per sqft for 5,040 sqft. It is the only registered sale of the unit.

What is the rent for unit 1901?

AED 970,000 a year on the contract signed on 24 July 2022. The previous contract, from July 2019, was AED 850,000.

How big is unit 1901?

5,040 sqft (468.2 sqm): a two-bedroom apartment on the 19th floor of a 34-storey tower completed in 2017.

What is unit 1901 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 1901, Volante

Starts from the last sale price (AED 23M, 27 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 23,000,000
Deposit, UAE resident (20%)
AED 4,600,000
Deposit, non-resident (40%)
AED 9,200,000
Monthly over 25 years at 3.7%
AED 94,100

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