2-bed · 1,667 sqftWindsor Manor Tower, Business Bay · 17th floor · completed 2010

1601, Windsor Manor Tower

Sold prices and rental history: sold once, by the developer in September 2013, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1601 · DLD and Ejari recordsUpdated 14 May 2022
Last soldAED 1M25 September 2013
Current rentAED 99K /yr14 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1601, Windsor Manor Tower

What is 1601 worth today?

Last sold for AED 1,000,200 in 2013

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14 May 2022RentedRenewal
AED 99,000/yr13 months · AED 59 per sqft
15 Apr 2021RentedRenewal
AED 90,000/yr13 months · AED 54 per sqft
15 Apr 2020RentedRenewal
AED 104,500/yr12 months · AED 63 per sqft
15 Apr 2019RentedRenewal
AED 110,000/yr12 months · AED 66 per sqft
15 Apr 2018RentedNew contract
AED 115,000/yr12 months · AED 69 per sqft
1 Apr 2017RentedRenewal
AED 112,900/yr12 months · AED 68 per sqft
1 Apr 2016RentedNew contract
AED 112,900/yr12 months · AED 68 per sqft
25 Sep 2013Sold by developerReady
AED 1,000,200AED 599 per sqft

Source: Dubai Land Department. Updated 14 May 2022.

Key facts

Type
2-bed apartment
Size
1,667 sqft
Floor
17th of 29
Parking
376
Developer
ASGC Construction
Completed
2010
Service charge
AED 16,600 /yr
Last sold
AED 1M · September 2013

About 1601, Windsor Manor Tower

1601 is a two-bedroom apartment of 1,667 sqft on the 17th floor of Windsor Manor Tower, a 29-storey tower in Business Bay completed in 2010 by ASGC Construction. The developer sold it on 25 September 2013 for AED 1,000,200, or AED 599 per sqft, in line with the AED 599 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 14 May 2022, is AED 99,000 a year: a gross yield of 9.9% on the 2013 price, before the service charge of about AED 16,600 a year.

Sales and rents for 1601 over time

Sales
Unit 1601, each saleTypical two-bed in Windsor Manor Tower
1M2M2009201420192024Typical sale price by year: 2009 AED 2,231,362; 2011 AED 1,576,227; 2012 AED 2,440,904; 2013 AED 988,200; 2014 AED 2,180,832; 2024 AED 2,250,000; 2026 AED 2,203,900Sold by developer, September 2013: AED 1,000,200 (AED 599 per sqft)

1601 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1601, each contractTypical two-bed in Windsor Manor Tower
80K100K120K2013201720212025Typical rent by year: 2013 AED 85,000; 2014 AED 104,000; 2015 AED 112,675; 2016 AED 120,000; 2017 AED 120,000; 2018 AED 115,000; 2019 AED 105,000; 2020 AED 88,000; 2021 AED 80,000; 2022 AED 83,500; 2023 AED 91,363; 2024 AED 102,000; 2025 AED 110,000; 2026 AED 111,125New contract, April 2016: AED 112,900 a yearRenewal, April 2017: AED 112,900 a yearNew contract, April 2018: AED 115,000 a yearRenewal, April 2019: AED 110,000 a yearRenewal, April 2020: AED 104,500 a yearRenewal, April 2021: AED 90,000 a yearRenewal, May 2022: AED 99,000 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 Windsor Manor Tower, and where 1601 sits

All 146 2-beds →

1601 last sold in September 2013 at AED 599 per sqft, in line with what two-beds in Windsor Manor Tower were fetching at the time (AED 599). Over the last 12 months two-beds sold for AED 2,000,000 to 2,458,530, around AED 1,345 per sqft, and rent for AED 95,000 to 183,000 a year. 1601's AED 99,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
6 Oct 20262,400,000
24 Jul 20262,000,000
17 Jun 20262,007,799
22 Apr 20262,458,530
4 2-bed sales in the last 12 months

Windsor Manor Tower

Building

337 apartments, 1-bed to 3-bed over 29 floors in Business Bay, completed in 2010 by ASGC Construction. 10 sold in the last 12 months.

Typical price per sqft
AED 1,222 Down 2.5%
Typical sale
AED 1.8M
Typical rent
AED 106K /yr
Typical yield
5.7%
Windsor Manor Tower, Business Bay: prices, sales and rents →

Other units on the 17th floor

All 337 units in Windsor Manor Tower
Value
16022-bedAED 2.1M · Sep 2016
16033-bedAED 3.27M · Dec 2011
16043-bedAED 1.31M · Sep 2013
16052-bedAED 988K · Sep 2013
16062-bedAED 1M · Sep 2013
16072-bedAED 1.01M · Sep 2013
16082-bedAED 985K · Sep 2013
1–7 of 11

1601, Windsor Manor Tower in numbers

  • Sold once: by ASGC Construction on 25 September 2013 for AED 1,000,200, or AED 599 per sqft.
  • Rented since April 2016 on 7 Ejari contracts, from AED 112,900 to AED 99,000 a year.
  • At AED 99,000 a year the gross yield on the 2013 price is 9.9%, before a service charge of about AED 16,600 a year (AED 9.93 per sqft).
  • Two-beds in Windsor Manor Tower sold for AED 2,000,000–2,458,530 in the 12 months to November 2026; the building's median across all types is AED 1,222 per sqft.

Source: Dubai Land Department. Updated 14 May 2022.

Questions about 1601, Windsor Manor Tower

What did unit 1601 last sell for?

AED 1,000,200 on 25 September 2013, sold by the developer: AED 599 per sqft for 1,667 sqft. It is the only registered sale of the unit.

What is the rent for unit 1601?

AED 99,000 a year on the contract renewed on 14 May 2022. The previous contract, from April 2021, was AED 90,000; the unit has been rented since April 2016.

How big is unit 1601?

1,667 sqft (154.9 sqm): a two-bedroom apartment on the 17th floor of a 29-storey tower completed in 2010.

What is unit 1601 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Windsor Manor Tower sold for AED 2,000,000 to 2,458,530 in the last 12 months, around AED 1,345 per sqft.

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Mortgage on 1601, Windsor Manor Tower

Starts from the last sale price (AED 1M, 25 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,200
Deposit, UAE resident (20%)
AED 200,040
Deposit, non-resident (40%)
AED 400,080
Monthly over 25 years at 3.7%
AED 4,092

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