Studio · 561 sqftD1 Tower, Culture Village · 25th floor · completed 2015

2503, D1 Tower

Sold prices and rental history: sold once, by the developer in March 2009, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2503 · DLD and Ejari recordsUpdated 25 February 2024
Last soldAED 1.42M29 March 2009
Current rentAED 75K /yr25 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2503, D1 Tower

What is 2503 worth today?

Last sold for AED 1,421,000 in 2009

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25 Feb 2024RentedRenewal
AED 75,000/yr12 months · AED 134 per sqft
25 Feb 2023RentedRenewal
AED 70,000/yr12 months · AED 125 per sqft
25 Feb 2022RentedNew contract
AED 70,000/yr12 months · AED 125 per sqft
14 Jan 2021RentedNew contract
AED 60,000/yr12 months · AED 107 per sqft
14 Nov 2019RentedRenewal
AED 70,000/yr12 months · AED 125 per sqft
14 Nov 2018RentedRenewal
AED 75,000/yr12 months · AED 134 per sqft
14 Nov 2017RentedNew contract
AED 85,000/yr12 months · AED 152 per sqft
29 Mar 2009Sold by developerOff-plan
AED 1,421,000AED 2,530 per sqft

Source: Dubai Land Department. Updated 25 February 2024.

Key facts

Type
Studio apartment
Size
561 sqft
Floor
25th of 76
Parking
B3-197
Developer
Emirates D1
Completed
2015
Service charge
AED 11,800 /yr
Last sold
AED 1.42M · March 2009
Building
D1 Tower

About 2503, D1 Tower

2503 is a studio of 561 sqft on the 25th floor of D1 Tower, a 76-storey tower in Culture Village completed in 2015 by Emirates D1. The developer sold it on 29 March 2009 for AED 1,421,000, or AED 2,530 per sqft, 16% above the AED 2,184 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 25 February 2024, is AED 75,000 a year: a gross yield of 5.3% on the 2009 price, before the service charge of about AED 11,800 a year.

Sales and rents for 2503 over time

Sales
Unit 2503, each saleTypical studio in D1 Tower
1M1.5M2009201420192024Typical 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, March 2009: AED 1,421,000 (AED 2,530 per sqft)

2503 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 2503, 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, November 2017: AED 85,000 a yearRenewal, November 2018: AED 75,000 a yearRenewal, November 2019: AED 70,000 a yearNew contract, January 2021: AED 60,000 a yearNew contract, February 2022: AED 70,000 a yearRenewal, February 2023: AED 70,000 a yearRenewal, February 2024: AED 75,000 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 2503 sits

All 82 studios →

2503 last sold in March 2009 at AED 2,530 per sqft, 16% above what studios in D1 Tower were fetching at the time (AED 2,184). 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. 2503's AED 75,000 is in the upper 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 25th floor

All 515 units in D1 Tower
Value
25013-bedAED 3.1M · Apr 2023
25021-bedAED 1.53M · Aug 2023
25042-bedAED 3.44M · Mar 2009
25053-bedAED 2.65M · Jun 2024
25061-bedAED 2.29M · Mar 2009
25073-bedAED 2.75M · Feb 2013
25082-bedAED 2.58M · Jun 2014
1–7 of 9

2503, D1 Tower in numbers

  • Sold once: by Emirates D1 on 29 March 2009 for AED 1,421,000, or AED 2,530 per sqft.
  • Rented since November 2017 on 7 Ejari contracts. The rent fell from AED 85,000 to AED 60,000 in 2021 and recovered to AED 75,000 by February 2024.
  • At AED 75,000 a year the gross yield on the 2009 price is 5.3%, 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 25 February 2024.

Questions about 2503, D1 Tower

What did unit 2503 last sell for?

AED 1,421,000 on 29 March 2009, sold by the developer: AED 2,530 per sqft for 561 sqft. It is the only registered sale of the unit.

What is the rent for unit 2503?

AED 75,000 a year on the contract renewed on 25 February 2024. The previous contract, from February 2023, was AED 70,000; the unit has been rented since November 2017.

How big is unit 2503?

561 sqft (52.1 sqm): a studio on the 25th floor of a 76-storey tower completed in 2015.

What is unit 2503 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 2503, D1 Tower

Starts from the last sale price (AED 1.42M, 29 March 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,421,000
Deposit, UAE resident (20%)
AED 284,200
Deposit, non-resident (40%)
AED 568,400
Monthly over 25 years at 3.7%
AED 5,814

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