3-bed · 1,896 sqftD1 Tower, Culture Village · 15th floor · completed 2015

1501, D1 Tower

Sold prices and rental history: sold twice, last in October 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1501 · DLD and Ejari recordsUpdated 12 October 2022
Last soldAED 2.75M12 October 2022
Current rentAED 131K /yr14 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1501, D1 Tower

What is 1501 worth today?

Last sold for AED 2,750,000 in 2022

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12 Oct 2022SoldReady
AED 2,750,000AED 1,450 per sqft
14 Jul 2022RentedRenewal
AED 131,250/yr12 months · AED 69 per sqft
14 Jul 2022RentedNew contract
AED 131,250/yr12 months · AED 69 per sqft
14 Jul 2021RentedRenewal
AED 125,000/yr12 months · AED 66 per sqft
14 Jul 2020RentedNew contract
AED 125,000/yr12 months · AED 66 per sqft
14 Jul 2019RentedNew contract
AED 150,000/yr12 months · AED 79 per sqft
1 Jun 2018RentedNew contract
AED 170,000/yr12 months · AED 90 per sqft
1 Jun 2017RentedNew contract
AED 175,000/yr12 months · AED 92 per sqft

Source: Dubai Land Department. Updated 12 October 2022.

Key facts

Type
3-bed apartment
Size
1,896 sqft
Floor
15th of 76
Parking
B2-151,B2-152
Developer
Emirates D1
Completed
2015
Service charge
AED 39,800 /yr
Last sold
AED 2.75M · October 2022
Building
D1 Tower

About 1501, D1 Tower

1501 is a three-bedroom apartment of 1,896 sqft on the 15th floor of D1 Tower, a 76-storey tower in Culture Village completed in 2015 by Emirates D1. It last sold on 12 October 2022 for AED 2,750,000, or AED 1,450 per sqft, 14% above the AED 1,275 three-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 14 July 2022, is AED 131,250 a year: a gross yield of 4.8% on the 2022 price, before the service charge of about AED 39,800 a year.

Sales and rents for 1501 over time

Sales
Unit 1501, each saleTypical three-bed in D1 Tower
2M3M4M2009201420192024Typical sale price by year: 2009 AED 3,896,000; 2011 AED 2,625,000; 2012 AED 3,343,200; 2013 AED 3,061,530; 2014 AED 3,910,000; 2015 AED 4,000,000; 2016 AED 2,594,855; 2017 AED 2,500,000; 2018 AED 3,045,000; 2019 AED 2,215,000; 2020 AED 2,400,000; 2021 AED 2,429,251; 2022 AED 2,900,000; 2023 AED 3,100,000; 2024 AED 2,950,000; 2025 AED 3,000,000; 2026 AED 3,366,666Sold by developer, January 2017: AED 2,500,000 (AED 1,318 per sqft)Sold, October 2022: AED 2,750,000 (AED 1,450 per sqft)

1501 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1501, each contractTypical three-bed in D1 Tower
150K200K20152018202120242027Typical rent by year: 2015 AED 170,000; 2016 AED 170,000; 2017 AED 170,000; 2018 AED 162,500; 2019 AED 150,000; 2020 AED 130,000; 2021 AED 125,000; 2022 AED 142,750; 2023 AED 157,500; 2024 AED 187,000; 2025 AED 193,125; 2026 AED 190,000New contract, June 2017: AED 175,000 a yearNew contract, June 2018: AED 170,000 a yearNew contract, July 2019: AED 150,000 a yearNew contract, July 2020: AED 125,000 a yearRenewal, July 2021: AED 125,000 a yearRenewal, July 2022: AED 131,250 a yearNew contract, July 2022: AED 131,250 a year

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

3-beds in D1 Tower, and where 1501 sits

All 181 3-beds →

1501 last sold in October 2022 at AED 1,450 per sqft, 14% above what three-beds in D1 Tower were fetching at the time (AED 1,275). Over the last 12 months three-beds sold for AED 2,700,000 to 4,500,000, around AED 1,627 per sqft, and rent for AED 50,000 to 395,000 a year. 1501's AED 131,250 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
29 Oct 20262,900,000
15 Oct 20264,500,000
27 Apr 20262,850,000
16 Apr 20264,500,000
9 3-bed sales in the last 12 months

D1 Tower

Building

515 apartments, studios to 8-bed over 76 floors in Culture Village, completed in 2015 by Emirates D1. 28 sold in the last 12 months.

Typical price per sqft
AED 1,776 Up 4.4%
Typical sale
AED 2.5M
Typical rent
AED 130K /yr
Typical yield
5.9%
D1 Tower, Culture Village: prices, sales and rents →

Other units on the 15th floor

All 515 units in D1 Tower
Value
15021-bedAED 2.18M · Mar 2009
1503StudioAED 1.25M · Mar 2009
15042-bedAED 1.5M · Jan 2021
15053-bedAED 1.28M · Nov 2017
15061-bedAED 1.73M · May 2013
15073-bedAED 2.16M · Mar 2017
15082-bedAED 3.4M · Apr 2014
1–7 of 9

1501, D1 Tower in numbers

  • Sold twice: first on 2 January 2017 for AED 2,500,000, last on 12 October 2022 for AED 2,750,000 (AED 1,450 per sqft).
  • Rented since June 2017 on 7 Ejari contracts, from AED 175,000 to AED 131,250 a year.
  • At AED 131,250 a year the gross yield on the 2022 price is 4.8%, before a service charge of about AED 39,800 a year (AED 21.00 per sqft).
  • Three-beds in D1 Tower sold for AED 2,700,000–4,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,776 per sqft.

Source: Dubai Land Department. Updated 12 October 2022.

Questions about 1501, D1 Tower

What did unit 1501 last sell for?

AED 2,750,000 on 12 October 2022: AED 1,450 per sqft for 1,896 sqft. The unit has 2 registered sales; the first was AED 2,500,000 in January 2017.

What is the rent for unit 1501?

AED 131,250 a year on the contract renewed on 14 July 2022. The previous contract, from July 2022, was AED 131,250; the unit has been rented since June 2017.

How big is unit 1501?

1,896 sqft (176.1 sqm): a three-bedroom apartment on the 15th floor of a 76-storey tower completed in 2015.

What is unit 1501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in D1 Tower sold for AED 2,700,000 to 4,500,000 in the last 12 months, around AED 1,627 per sqft.

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Mortgage on 1501, D1 Tower

Starts from the last sale price (AED 2.75M, 12 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,750,000
Deposit, UAE resident (20%)
AED 550,000
Deposit, non-resident (40%)
AED 1,100,000
Monthly over 25 years at 3.7%
AED 11,251

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