2-bed · 5,049 sqftVolante, Business Bay · 26th floor · completed 2017

2602, Volante

Sold prices and rental history: sold once, by the developer in September 2023, and rented once, from September 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2602 · DLD and Ejari recordsUpdated 14 September 2023
Last soldAED 24.44M14 September 2023
Current rentAED 2M /yr21 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2602, Volante

What is 2602 worth today?

Last sold for AED 24,442,308 in 2023

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14 Sep 2023Sold by developerReady
AED 24,442,308AED 4,841 per sqft
21 Sep 2021RentedNew contract · flagged as an outlier
AED 2,000,000/yr12 months · AED 396 per sqft

Source: Dubai Land Department. Updated 14 September 2023.

Key facts

Type
2-bed apartment
Size
5,049 sqft
Floor
26th of 34
Parking
L2-44, L2-45
Developer
XV.A05.019
Completed
2017
Service charge
AED 125,500 /yr
Last sold
AED 24.44M · September 2023
Building
Volante

About 2602, Volante

2602 is a two-bedroom apartment of 5,049 sqft on the 26th floor of Volante, a 34-storey tower in Business Bay completed in 2017 by XV.A05.019. The developer sold it on 14 September 2023 for AED 24,442,308, or AED 4,841 per sqft.

One Ejari contract is registered, from 21 September 2021. The current contract, signed on 21 September 2021, is AED 2,000,000 a year: a gross yield of 8.2% on the 2023 price, before the service charge of about AED 125,500 a year.

Sales and rents for 2602 over time

Sales
Unit 2602, 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, September 2023: AED 24,442,308 (AED 4,841 per sqft)

2602 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2602, 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 2602 sits

All 21 2-beds →

2602's AED 2,000,000 is at the top 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 26th floor

All 45 units in Volante
Value
26012-bedAED 17.89M · Jul 2021

2602, Volante in numbers

  • Sold once: by XV.A05.019 on 14 September 2023 for AED 24,442,308, or AED 4,841 per sqft.
  • Rented since September 2021 on one Ejari contract, at AED 2,000,000 a year.
  • At AED 2,000,000 a year the gross yield on the 2023 price is 8.2%, before a service charge of about AED 125,500 a year (AED 24.86 per sqft).

Source: Dubai Land Department. Updated 14 September 2023.

Questions about 2602, Volante

What did unit 2602 last sell for?

AED 24,442,308 on 14 September 2023, sold by the developer: AED 4,841 per sqft for 5,049 sqft. It is the only registered sale of the unit.

What is the rent for unit 2602?

AED 2,000,000 a year on the contract signed on 21 September 2021.

How big is unit 2602?

5,049 sqft (469.1 sqm): a two-bedroom apartment on the 26th floor of a 34-storey tower completed in 2017.

What is unit 2602 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 2602, Volante

Starts from the last sale price (AED 24.44M, 14 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 24,442,308
Deposit, UAE resident (20%)
AED 4,888,462
Deposit, non-resident (40%)
AED 9,776,923
Monthly over 25 years at 3.7%
AED 100,001

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