1-bed · 811 sqftWadi Tower, City of Arabia · 17th floor · completed 2020

1704, Wadi Tower

Sold prices and rental history: sold once, by the developer in August 2009, and rented once, from June 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1704 · DLD and Ejari recordsUpdated 2 June 2024
Last soldAED 598K19 August 2009
Current rentAED 43K /yr2 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1704, Wadi Tower

What is 1704 worth today?

Last sold for AED 597,618 in 2009

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2 Jun 2024RentedNew contract
AED 43,000/yr12 months · AED 53 per sqft
19 Aug 2009Sold by developerOff-plan
AED 597,618AED 736 per sqft

Source: Dubai Land Department. Updated 2 June 2024.

Key facts

Type
1-bed apartment
Size
811 sqft
Floor
17th of 30
Parking
P3-13
Developer
Sky One Real Estate
Completed
2020
Service charge
AED 10,300 /yr
Last sold
AED 598K · August 2009
Building
Wadi Tower

About 1704, Wadi Tower

1704 is a one-bedroom apartment of 811 sqft on the 17th floor of Wadi Tower, a 30-storey tower in City of Arabia completed in 2020 by Sky One Real Estate. The developer sold it on 19 August 2009 for AED 597,618, or AED 736 per sqft, in line with the AED 723 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 2 June 2024. The current contract, signed on 2 June 2024, is AED 43,000 a year: a gross yield of 7.2% on the 2009 price, before the service charge of about AED 10,300 a year.

Sales and rents for 1704 over time

Sales
Unit 1704, each saleTypical one-bed in Wadi Tower
500K600K700K2009201420192024Typical sale price by year: 2009 AED 594,270; 2023 AED 676,500; 2024 AED 525,000; 2025 AED 600,000; 2026 AED 575,000Sold by developer, August 2009: AED 597,618 (AED 736 per sqft)

1704 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1704, each contractTypical one-bed in Wadi Tower
40K202220242026Typical rent by year: 2022 AED 27,000; 2023 AED 32,211; 2024 AED 41,000; 2025 AED 45,444; 2026 AED 52,000New contract, June 2024: AED 43,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Wadi Tower, and where 1704 sits

All 44 1-beds →

1704 last sold in August 2009 at AED 736 per sqft, in line with what one-beds in Wadi Tower were fetching at the time (AED 723). Over the last 12 months one-beds sold for AED 554,665 to 650,000, around AED 712 per sqft, and rent for AED 38,000 to 65,000 a year. 1704's AED 43,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
7 Aug 2026568,778
16 Jun 2026650,000
3 Jun 2026554,665
22 Apr 2026640,000
6 1-bed sales in the last 12 months

Wadi Tower

Building

107 apartments, 1-bed to 3-bed over 30 floors in City of Arabia, completed in 2020 by Sky One Real Estate. 9 sold in the last 12 months.

Typical price per sqft
AED 722
Typical sale
AED 640K
Typical rent
AED 53K /yr
Typical yield
8.0%
Wadi Tower, City of Arabia: prices, sales and rents →

Other units on the 17th floor

All 107 units in Wadi Tower
Value
17012-bedAED 1.24M · Aug 2009
17062-bedAED 1.46M · Aug 2009
17071-bedAED 621K · Jul 2009

1704, Wadi Tower in numbers

  • Sold once: by Sky One Real Estate on 19 August 2009 for AED 597,618, or AED 736 per sqft.
  • Rented since June 2024 on one Ejari contract, at AED 43,000 a year.
  • At AED 43,000 a year the gross yield on the 2009 price is 7.2%, before a service charge of about AED 10,300 a year (AED 12.65 per sqft).
  • One-beds in Wadi Tower sold for AED 554,665–650,000 in the 12 months to November 2026; the building's median across all types is AED 722 per sqft.

Source: Dubai Land Department. Updated 2 June 2024.

Questions about 1704, Wadi Tower

What did unit 1704 last sell for?

AED 597,618 on 19 August 2009, sold by the developer: AED 736 per sqft for 811 sqft. It is the only registered sale of the unit.

What is the rent for unit 1704?

AED 43,000 a year on the contract signed on 2 June 2024.

How big is unit 1704?

811 sqft (75.3 sqm): a one-bedroom apartment on the 17th floor of a 30-storey tower completed in 2020.

What is unit 1704 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Wadi Tower sold for AED 554,665 to 650,000 in the last 12 months, around AED 712 per sqft.

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Mortgage on 1704, Wadi Tower

Starts from the last sale price (AED 598K, 19 August 2009). Switch to today's estimate once you have unlocked it.
Price
AED 597,618
Deposit, UAE resident (20%)
AED 119,524
Deposit, non-resident (40%)
AED 239,047
Monthly over 25 years at 3.7%
AED 2,445

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