2-bed · 5,049 sqftVolante, Business Bay · 25th floor · completed 2017

2502, Volante

Sold prices and rental history: sold once, by the developer in February 2019, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2502 · DLD and Ejari recordsUpdated 14 April 2021
Last soldAED 15.5M27 February 2019
Current rentAED 1.2M /yr14 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2502, Volante

What is 2502 worth today?

Last sold for AED 15,500,000 in 2019

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14 Apr 2021RentedNew contract
AED 1,200,000/yr12 months · AED 238 per sqft
6 Feb 2020RentedNew contract
AED 900,000/yr12 months · AED 178 per sqft
27 Feb 2019Sold by developerReady
AED 15,500,000AED 3,069 per sqft

Source: Dubai Land Department. Updated 14 April 2021.

Key facts

Type
2-bed apartment
Size
5,049 sqft
Floor
25th of 34
Parking
L2-39,L2-40 0
Developer
XV.A05.019
Completed
2017
Service charge
AED 125,500 /yr
Last sold
AED 15.5M · February 2019
Building
Volante

About 2502, Volante

2502 is a two-bedroom apartment of 5,049 sqft on the 25th floor of Volante, a 34-storey tower in Business Bay completed in 2017 by XV.A05.019. The developer sold it on 27 February 2019 for AED 15,500,000, or AED 3,069 per sqft.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 14 April 2021, is AED 1,200,000 a year: a gross yield of 7.7% on the 2019 price, before the service charge of about AED 125,500 a year.

Sales and rents for 2502 over time

Sales
Unit 2502, 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 2019: AED 15,500,000 (AED 3,069 per sqft)

2502 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2502, each contractTypical two-bed in Volante
750K1M1.25M2018202120242027Typical 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, February 2020: AED 900,000 a yearNew contract, April 2021: AED 1,200,000 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 2502 sits

All 21 2-beds →

2502's AED 1,200,000 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 25th floor

All 45 units in Volante
Value
25012-bedNo registered sale

2502, Volante in numbers

  • Sold once: by XV.A05.019 on 27 February 2019 for AED 15,500,000, or AED 3,069 per sqft.
  • Rented since February 2020 on 2 Ejari contracts, from AED 900,000 to AED 1,200,000 a year.
  • At AED 1,200,000 a year the gross yield on the 2019 price is 7.7%, before a service charge of about AED 125,500 a year (AED 24.86 per sqft).

Source: Dubai Land Department. Updated 14 April 2021.

Questions about 2502, Volante

What did unit 2502 last sell for?

AED 15,500,000 on 27 February 2019, sold by the developer: AED 3,069 per sqft for 5,049 sqft. It is the only registered sale of the unit.

What is the rent for unit 2502?

AED 1,200,000 a year on the contract signed on 14 April 2021. The previous contract, from February 2020, was AED 900,000.

How big is unit 2502?

5,049 sqft (469.1 sqm): a two-bedroom apartment on the 25th floor of a 34-storey tower completed in 2017.

What is unit 2502 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 2502, Volante

Starts from the last sale price (AED 15.5M, 27 February 2019). Switch to today's estimate once you have unlocked it.
Price
AED 15,500,000
Deposit, UAE resident (20%)
AED 3,100,000
Deposit, non-resident (40%)
AED 6,200,000
Monthly over 25 years at 3.7%
AED 63,415

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