2-bed · 5,043 sqftVolante, Business Bay · 19th floor · completed 2017

1902, Volante

Sold prices and rental history: sold once, by the developer in April 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1902 · DLD and Ejari recordsUpdated 24 April 2024
Last soldAED 24M24 April 2024
Current rentAED 1.05M /yr15 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1902, Volante

What is 1902 worth today?

Last sold for AED 24,000,000 in 2024

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24 Apr 2024Sold by developerReady
AED 24,000,000AED 4,758 per sqft
15 Jun 2022RentedRenewal
AED 1,050,000/yr12 months · AED 208 per sqft
15 Jun 2021RentedNew contract
AED 1,050,000/yr12 months · AED 208 per sqft

Source: Dubai Land Department. Updated 24 April 2024.

Key facts

Type
2-bed apartment
Size
5,043 sqft
Floor
19th of 34
Parking
L2-32, L2-31
Developer
XV.A05.019
Completed
2017
Service charge
AED 125,400 /yr
Last sold
AED 24M · April 2024
Building
Volante

About 1902, Volante

1902 is a two-bedroom apartment of 5,043 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 24 April 2024 for AED 24,000,000, or AED 4,758 per sqft, 4% above the AED 4,563 two-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 15 June 2022, is AED 1,050,000 a year: a gross yield of 4.4% on the 2024 price, before the service charge of about AED 125,400 a year.

Sales and rents for 1902 over time

Sales
Unit 1902, 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, April 2024: AED 24,000,000 (AED 4,758 per sqft)

1902 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1902, 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, June 2021: AED 1,050,000 a yearRenewal, June 2022: AED 1,050,000 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 1902 sits

All 21 2-beds →

1902 last sold in April 2024 at AED 4,758 per sqft, 4% above what two-beds in Volante were fetching at the time (AED 4,563). 1902's AED 1,050,000 is in the upper 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
19012-bedAED 23M · Feb 2024

1902, Volante in numbers

  • Sold once: by XV.A05.019 on 24 April 2024 for AED 24,000,000, or AED 4,758 per sqft.
  • Rented since June 2021 on 2 Ejari contracts, at AED 1,050,000 a year.
  • At AED 1,050,000 a year the gross yield on the 2024 price is 4.4%, before a service charge of about AED 125,400 a year (AED 24.86 per sqft).

Source: Dubai Land Department. Updated 24 April 2024.

Questions about 1902, Volante

What did unit 1902 last sell for?

AED 24,000,000 on 24 April 2024, sold by the developer: AED 4,758 per sqft for 5,043 sqft. It is the only registered sale of the unit.

What is the rent for unit 1902?

AED 1,050,000 a year on the contract renewed on 15 June 2022. The previous contract, from June 2021, was AED 1,050,000.

How big is unit 1902?

5,043 sqft (468.5 sqm): a two-bedroom apartment on the 19th floor of a 34-storey tower completed in 2017.

What is unit 1902 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 1902, Volante

Starts from the last sale price (AED 24M, 24 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 24,000,000
Deposit, UAE resident (20%)
AED 4,800,000
Deposit, non-resident (40%)
AED 9,600,000
Monthly over 25 years at 3.7%
AED 98,191

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