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Studio · 561 sqftD1 Tower, Culture Village · 24th floor · completed 2015

2403, D1 Tower

Sold prices and rental history: sold twice, last in June 2014, and rented once, from August 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2403 · DLD and Ejari recordsUpdated 1 August 2022
Last soldAED 1.09M25 June 2014
Current rentAED 60K /yr1 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2403, D1 Tower

What is 2403 worth today?

Last sold for AED 1,089,133 in 2014

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1 Aug 2022RentedNew contract
AED 60,000/yr36 months · AED 107 per sqft
25 Jun 2014SoldOff-plan
AED 1,089,133AED 1,939 per sqft
22 Apr 2009Sold by developerOff-plan
AED 763,785AED 1,360 per sqft

Source: Dubai Land Department. Updated 1 August 2022.

Key facts

Type
Studio apartment
Size
561 sqft
Floor
24th of 76
Parking
B3-199
Developer
Emirates D1
Completed
2015
Service charge
AED 11,800 /yr
Last sold
AED 1.09M · June 2014
Building
D1 Tower

About 2403, D1 Tower

2403 is a studio of 561 sqft on the 24th floor of D1 Tower, a 76-storey tower in Culture Village completed in 2015 by Emirates D1. It last sold on 25 June 2014 for AED 1,089,133, or AED 1,939 per sqft, 13% below the AED 2,240 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 August 2022. The current contract, signed on 1 August 2022, is AED 60,000 a year: a gross yield of 5.5% on the 2014 price, before the service charge of about AED 11,800 a year.

Sales and rents for 2403 over time

Sales
Unit 2403, each saleTypical studio in D1 Tower
1M2009201420192024Typical sale price by year: 2009 AED 1,152,226; 2011 AED 804,050; 2012 AED 783,376; 2013 AED 1,050,816; 2014 AED 1,124,208; 2015 AED 1,267,500; 2016 AED 1,000,000; 2017 AED 1,126,200; 2018 AED 1,000,000; 2019 AED 735,000; 2020 AED 650,000; 2021 AED 810,000; 2022 AED 800,000; 2023 AED 860,000; 2024 AED 990,000; 2025 AED 1,060,000; 2026 AED 1,107,500Sold by developer, April 2009: AED 763,785 (AED 1,360 per sqft)Sold, June 2014: AED 1,089,133 (AED 1,939 per sqft)

2403 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 2403, each contractTypical studio in D1 Tower
60K80K20152018202120242027Typical rent by year: 2015 AED 80,000; 2016 AED 80,000; 2017 AED 75,000; 2018 AED 70,000; 2019 AED 60,000; 2020 AED 50,000; 2021 AED 50,000; 2022 AED 55,000; 2023 AED 65,000; 2024 AED 68,250; 2025 AED 74,000; 2026 AED 77,500New contract, August 2022: AED 60,000 a year

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

Studios in D1 Tower, and where 2403 sits

All 82 studios →

2403 last sold in June 2014 at AED 1,939 per sqft, 13% below what studios in D1 Tower were fetching at the time (AED 2,240). Over the last 12 months studios sold for AED 1,000,000 to 1,270,000, around AED 1,972 per sqft, and rent for AED 59,580 to 85,000 a year. 2403's AED 60,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
26 Jun 20261,100,000
15 May 20261,070,000
10 Apr 20261,270,000
17 Feb 20261,220,000
8 studio 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 24th floor

All 515 units in D1 Tower
Value
24013-bedAED 2.4M · Nov 2020
24021-bedAED 2.01M · Jun 2014
24042-bedAED 3.77M · Dec 2014
24053-bedAED 2.7M · Jul 2016
24061-bedAED 1.15M · Feb 2021
24073-bedAED 2.44M · Nov 2016
24082-bedAED 2.58M · Jun 2014
1–7 of 9

2403, D1 Tower in numbers

  • Sold twice: first on 22 April 2009 for AED 763,785, last on 25 June 2014 for AED 1,089,133 (AED 1,939 per sqft).
  • Rented since August 2022 on one Ejari contract, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2014 price is 5.5%, before a service charge of about AED 11,800 a year (AED 21.00 per sqft).
  • Studios in D1 Tower sold for AED 1,000,000–1,270,000 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 1 August 2022.

Questions about 2403, D1 Tower

What did unit 2403 last sell for?

AED 1,089,133 on 25 June 2014: AED 1,939 per sqft for 561 sqft. The unit has 2 registered sales; the first was AED 763,785 in April 2009.

What is the rent for unit 2403?

AED 60,000 a year on the contract signed on 1 August 2022.

How big is unit 2403?

561 sqft (52.1 sqm): a studio on the 24th floor of a 76-storey tower completed in 2015.

What is unit 2403 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in D1 Tower sold for AED 1,000,000 to 1,270,000 in the last 12 months, around AED 1,972 per sqft.

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Mortgage on 2403, D1 Tower

Starts from the last sale price (AED 1.09M, 25 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,089,133
Deposit, UAE resident (20%)
AED 217,827
Deposit, non-resident (40%)
AED 435,653
Monthly over 25 years at 3.7%
AED 4,456

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