2-bed · 5,046 sqftVolante, Business Bay · 28th floor · completed 2017

2801, Volante

Sold prices and rental history: sold twice, last in May 2024, and rented once, from September 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2801 · DLD and Ejari recordsUpdated 30 May 2024
Last soldAED 20.5M30 May 2024
Current rentAED 2.63M /yr9 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2801, Volante

What is 2801 worth today?

Last sold for AED 20,500,000 in 2024

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30 May 2024SoldReady
AED 20,500,000AED 4,062 per sqft
14 Oct 2021Sold by developerReady
AED 18,200,000AED 3,607 per sqft
9 Sep 2021RentedNew contract · flagged as an outlier
AED 2,625,000/yr12 months · AED 520 per sqft

Source: Dubai Land Department. Updated 30 May 2024.

Key facts

Type
2-bed apartment
Size
5,046 sqft
Floor
28th of 34
Parking
L3-10,L3-11
Developer
XV.A05.019
Completed
2017
Service charge
AED 125,400 /yr
Last sold
AED 20.5M · May 2024
Building
Volante

About 2801, Volante

2801 is a two-bedroom apartment of 5,046 sqft on the 28th floor of Volante, a 34-storey tower in Business Bay completed in 2017 by XV.A05.019. It last sold on 30 May 2024 for AED 20,500,000, or AED 4,062 per sqft, 6% below the AED 4,313 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 9 September 2021. The current contract, signed on 9 September 2021, is AED 2,625,000 a year: a gross yield of 12.8% on the 2024 price, before the service charge of about AED 125,400 a year.

Sales and rents for 2801 over time

Sales
Unit 2801, 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, October 2021: AED 18,200,000 (AED 3,607 per sqft)Sold, May 2024: AED 20,500,000 (AED 4,062 per sqft)

2801 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2801, 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 2801 sits

All 21 2-beds →

2801 last sold in May 2024 at AED 4,062 per sqft, 6% below what two-beds in Volante were fetching at the time (AED 4,313). 2801's AED 2,625,000 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
24 Apr 202424,000,000
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 28th floor

All 45 units in Volante
Value
28022-bedAED 19M · Feb 2024

2801, Volante in numbers

  • Sold twice: first on 14 October 2021 for AED 18,200,000, last on 30 May 2024 for AED 20,500,000 (AED 4,062 per sqft).
  • Rented since September 2021 on one Ejari contract, at AED 2,625,000 a year.
  • At AED 2,625,000 a year the gross yield on the 2024 price is 12.8%, before a service charge of about AED 125,400 a year (AED 24.86 per sqft).

Source: Dubai Land Department. Updated 30 May 2024.

Questions about 2801, Volante

What did unit 2801 last sell for?

AED 20,500,000 on 30 May 2024: AED 4,062 per sqft for 5,046 sqft. The unit has 2 registered sales; the first was AED 18,200,000 in October 2021.

What is the rent for unit 2801?

AED 2,625,000 a year on the contract signed on 9 September 2021.

How big is unit 2801?

5,046 sqft (468.8 sqm): a two-bedroom apartment on the 28th floor of a 34-storey tower completed in 2017.

What is unit 2801 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 2801, Volante

Starts from the last sale price (AED 20.5M, 30 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 20,500,000
Deposit, UAE resident (20%)
AED 4,100,000
Deposit, non-resident (40%)
AED 8,200,000
Monthly over 25 years at 3.7%
AED 83,872

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