2-bed · 1,647 sqftWindsor Manor Tower, Business Bay · 17th floor · completed 2010

1602, Windsor Manor Tower

Sold prices and rental history: sold 3 times, last in September 2016, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1602 · DLD and Ejari recordsUpdated 1 February 2018
Last soldAED 2.1M5 September 2016
Current rentAED 110K /yr1 February 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1602, Windsor Manor Tower

What is 1602 worth today?

Last sold for AED 2,100,000 in 2016

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1 Feb 2018RentedNew contract
AED 110,000/yr12 months · AED 67 per sqft
15 Oct 2016RentedNew contract
AED 130,000/yr12 months · AED 79 per sqft
5 Sep 2016SoldReady
AED 2,100,000AED 1,275 per sqft
1 Aug 2014RentedNew contract
AED 135,000/yr12 months · AED 82 per sqft
22 Feb 2012SoldReady
AED 1,322,560AED 803 per sqft
19 Aug 2009Sold by developerOff-plan
AED 2,645,119AED 1,606 per sqft

Source: Dubai Land Department. Updated 1 February 2018.

Key facts

Type
2-bed apartment
Size
1,647 sqft
Floor
17th of 29
Parking
373
Developer
ASGC Construction
Completed
2010
Service charge
AED 16,400 /yr
Last sold
AED 2.1M · September 2016

About 1602, Windsor Manor Tower

1602 is a two-bedroom apartment of 1,647 sqft on the 17th floor of Windsor Manor Tower, a 29-storey tower in Business Bay completed in 2010 by ASGC Construction. It last sold on 5 September 2016 for AED 2,100,000, or AED 1,275 per sqft.

It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 1 February 2018, is AED 110,000 a year: a gross yield of 5.2% on the 2016 price, before the service charge of about AED 16,400 a year.

Sales and rents for 1602 over time

Sales
Unit 1602, 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, August 2009: AED 2,645,119 (AED 1,606 per sqft)Sold, February 2012: AED 1,322,560 (AED 803 per sqft)Sold, September 2016: AED 2,100,000 (AED 1,275 per sqft)

1602 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1602, each contractTypical two-bed in Windsor Manor Tower
75K100K125K2013201720212025Typical 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, August 2014: AED 135,000 a yearNew contract, October 2016: AED 130,000 a yearNew contract, February 2018: AED 110,000 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 1602 sits

All 146 2-beds →

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. 1602's AED 110,000 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
16012-bedAED 1M · Sep 2013
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

1602, Windsor Manor Tower in numbers

  • Sold 3 times: first on 19 August 2009 for AED 2,645,119, last on 5 September 2016 for AED 2,100,000 (AED 1,275 per sqft).
  • Rented since August 2014 on 3 Ejari contracts, from AED 135,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2016 price is 5.2%, before a service charge of about AED 16,400 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 1 February 2018.

Questions about 1602, Windsor Manor Tower

What did unit 1602 last sell for?

AED 2,100,000 on 5 September 2016: AED 1,275 per sqft for 1,647 sqft. The unit has 3 registered sales; the first was AED 2,645,119 in August 2009.

What is the rent for unit 1602?

AED 110,000 a year on the contract signed on 1 February 2018. The previous contract, from October 2016, was AED 130,000; the unit has been rented since August 2014.

How big is unit 1602?

1,647 sqft (153.0 sqm): a two-bedroom apartment on the 17th floor of a 29-storey tower completed in 2010.

What is unit 1602 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 1602, Windsor Manor Tower

Starts from the last sale price (AED 2.1M, 5 September 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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