Studio · 388 sqftBoutique 23, Culture Village · 16th floor

1612, Boutique 23

Sold prices and rental history: sold once, by the developer in December 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1612 · DLD and Ejari recordsUpdated 17 December 2024
Last soldAED 628K17 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1612, Boutique 23

What is 1612 worth today?

Last sold for AED 628,488 in 2024

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17 Dec 2024Sold by developerOff-plan
AED 628,488AED 1,621 per sqft

Source: Dubai Land Department. Updated 17 December 2024.

Key facts

Type
Studio apartment
Size
388 sqft
Floor
16th of 24
Parking
1
Developer
Continental Investments LMD
Last sold
AED 628K · December 2024
Building
Boutique 23

About 1612, Boutique 23

1612 is a studio of 388 sqft on the 16th floor of Boutique 23, a 24-storey tower in Culture Village by Continental Investments LMD. The developer sold it on 17 December 2024 for AED 628,488, or AED 1,621 per sqft, in line with the AED 1,622 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1612 over time

Sales
Unit 1612, each saleTypical studio in Boutique 23
600K650K700K2024202520262027Typical sale price by year: 2024 AED 603,880; 2025 AED 589,728; 2026 AED 700,000Sold by developer, December 2024: AED 628,488 (AED 1,621 per sqft)

1612 has sold once; the dashed line is the studio median of each year in the building.

Studios in Boutique 23, and where 1612 sits

All 37 studios →

1612 last sold in December 2024 at AED 1,621 per sqft, in line with what studios in Boutique 23 were fetching at the time (AED 1,622). Over the last 12 months studios sold for AED 590,000 to 860,000, around AED 1,901 per sqft, and rent for AED 55,000 to 55,000 a year.

Recent studio salesUnit no.Price (AED)Summary
12 Oct 2026860,000
8 Oct 2026590,000
22 Aug 2026705,000
11 Aug 2026669,000
5 studio sales in the last 12 months

Boutique 23

Building

252 apartments, studios to 3-bed over 24 floors in Culture Village by Continental Investments LMD. 16 sold in the last 12 months.

Typical price per sqft
AED 1,839 Up 20.7%
Typical sale
AED 895K
Typical rent
AED 65K /yr
Typical yield
6.0%
Boutique 23, Culture Village: prices, sales and rents →

Other units on the 16th floor

All 252 units in Boutique 23
Value
16012-bedAED 1.25M · Feb 2025
16021-bedAED 673K · Oct 2024
16032-bedAED 1.2M · May 2024
16041-bedAED 780K · May 2024
16051-bedAED 803K · Dec 2024
16062-bedAED 1.23M · May 2024
16071-bedAED 740K · Apr 2024
1–7 of 13

1612, Boutique 23 in numbers

  • Sold once: by Continental Investments LMD on 17 December 2024 for AED 628,488, or AED 1,621 per sqft.
  • Studios in Boutique 23 sold for AED 590,000–860,000 in the 12 months to November 2026; the building's median across all types is AED 1,839 per sqft.

Source: Dubai Land Department. Updated 17 December 2024.

Questions about 1612, Boutique 23

What did unit 1612 last sell for?

AED 628,488 on 17 December 2024, sold by the developer: AED 1,621 per sqft for 388 sqft. It is the only registered sale of the unit.

How big is unit 1612?

388 sqft (36.0 sqm): a studio on the 16th floor of a 24-storey tower.

What is unit 1612 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Boutique 23 sold for AED 590,000 to 860,000 in the last 12 months, around AED 1,901 per sqft.

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Mortgage on 1612, Boutique 23

Starts from the last sale price (AED 628K, 17 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 628,488
Deposit, UAE resident (20%)
AED 125,698
Deposit, non-resident (40%)
AED 251,395
Monthly over 25 years at 3.7%
AED 2,571

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