2-bed · 1,444 sqftWadi Tower, City of Arabia · 19th floor · completed 2020

1902, Wadi Tower

Sold prices and rental history: sold once, by the developer in August 2009, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1902 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 1.23M19 August 2009
Current rentAED 45K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1902, Wadi Tower

What is 1902 worth today?

Last sold for AED 1,228,400 in 2009

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1 Sep 2024RentedRenewal
AED 45,000/yr12 months · AED 31 per sqft
1 Sep 2023RentedRenewal
AED 45,000/yr12 months · AED 31 per sqft
1 Sep 2022RentedNew contract
AED 45,000/yr12 months · AED 31 per sqft
19 Aug 2009Sold by developerOff-plan
AED 1,228,400AED 850 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
2-bed apartment
Size
1,444 sqft
Floor
19th of 30
Parking
P3-25
Developer
Sky One Real Estate
Completed
2020
Service charge
AED 18,300 /yr
Last sold
AED 1.23M · August 2009
Building
Wadi Tower

About 1902, Wadi Tower

1902 is a two-bedroom apartment of 1,444 sqft on the 19th 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 1,228,400, or AED 850 per sqft, 4% below the AED 889 two-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 1 September 2024, is AED 45,000 a year: a gross yield of 3.7% on the 2009 price, before the service charge of about AED 18,300 a year.

Sales and rents for 1902 over time

Sales
Unit 1902, each saleTypical two-bed in Wadi Tower
1M1.2M20092013201720212025Typical sale price by year: 2009 AED 1,256,520; 2024 AED 950,000Sold by developer, August 2009: AED 1,228,400 (AED 850 per sqft)

1902 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1902, each contractTypical two-bed in Wadi Tower
40K60K80K202220242026Typical rent by year: 2022 AED 45,000; 2024 AED 72,500; 2025 AED 70,000; 2026 AED 76,500New contract, September 2022: AED 45,000 a yearRenewal, September 2023: AED 45,000 a yearRenewal, September 2024: AED 45,000 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 Wadi Tower, and where 1902 sits

All 60 2-beds →

1902 last sold in August 2009 at AED 850 per sqft, 4% below what two-beds in Wadi Tower were fetching at the time (AED 889). Over the last 12 months two-beds sold for AED 1,100,000, around AED 762 per sqft, and rent for AED 61,500 to 80,000 a year. 1902's AED 45,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Jul 20261,100,000
16 May 20261,100,000
18 Mar 2025900,000
17 Sep 20241,349,136
2 2-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 19th floor

All 107 units in Wadi Tower
Value
19041-bedAED 604K · Aug 2009
19062-bedAED 1.34M · Aug 2009

1902, Wadi Tower in numbers

  • Sold once: by Sky One Real Estate on 19 August 2009 for AED 1,228,400, or AED 850 per sqft.
  • Rented since September 2022 on 3 Ejari contracts, at AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2009 price is 3.7%, before a service charge of about AED 18,300 a year (AED 12.65 per sqft).
  • Two-beds in Wadi Tower sold for AED 1,100,000–1,100,000 in the 12 months to November 2026; the building's median across all types is AED 722 per sqft.

Source: Dubai Land Department. Updated 1 September 2024.

Questions about 1902, Wadi Tower

What did unit 1902 last sell for?

AED 1,228,400 on 19 August 2009, sold by the developer: AED 850 per sqft for 1,444 sqft. It is the only registered sale of the unit.

What is the rent for unit 1902?

AED 45,000 a year on the contract renewed on 1 September 2024. The previous contract, from September 2023, was AED 45,000; the unit has been rented since September 2022.

How big is unit 1902?

1,444 sqft (134.2 sqm): a two-bedroom apartment on the 19th floor of a 30-storey tower completed in 2020.

What is unit 1902 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Wadi Tower sold for AED 1,100,000 to 1,100,000 in the last 12 months, around AED 762 per sqft.

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Mortgage on 1902, Wadi Tower

Starts from the last sale price (AED 1.23M, 19 August 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,228,400
Deposit, UAE resident (20%)
AED 245,680
Deposit, non-resident (40%)
AED 491,360
Monthly over 25 years at 3.7%
AED 5,026

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