Studio · 561 sqftD1 Tower, Culture Village · 27th floor · completed 2015

2703, D1 Tower

Sold prices and rental history: sold 4 times, last in February 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2703 · DLD and Ejari recordsUpdated 15 February 2024
Last soldAED 930K15 February 2024
Current rentAED 61K /yr1 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2703, D1 Tower

What is 2703 worth today?

Last sold for AED 930,000 in 2024

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15 Feb 2024SoldReady
AED 930,000AED 1,656 per sqft
1 Jul 2023RentedRenewal
AED 60,638/yr12 months · AED 108 per sqft
1 Jul 2022RentedRenewal
AED 57,750/yr12 months · AED 103 per sqft
1 Jul 2021RentedNew contract
AED 55,000/yr12 months · AED 98 per sqft
10 Dec 2017SoldReady
AED 1,000,000AED 1,781 per sqft
21 May 2017RentedNew contract
AED 78,000/yr12 months · AED 139 per sqft
27 Sep 2016SoldReady
AED 900,000AED 1,602 per sqft
29 Mar 2009Sold by developerOff-plan
AED 1,391,250AED 2,477 per sqft

Source: Dubai Land Department. Updated 15 February 2024.

Key facts

Type
Studio apartment
Size
561 sqft
Floor
27th of 76
Parking
B3-193
Developer
Emirates D1
Completed
2015
Service charge
AED 11,800 /yr
Last sold
AED 930K · February 2024
Building
D1 Tower

About 2703, D1 Tower

2703 is a studio of 561 sqft on the 27th floor of D1 Tower, a 76-storey tower in Culture Village completed in 2015 by Emirates D1. It last sold on 15 February 2024 for AED 930,000, or AED 1,656 per sqft, in line with the AED 1,629 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 1 July 2023, is AED 60,638 a year: a gross yield of 6.5% on the 2024 price, before the service charge of about AED 11,800 a year.

Sales and rents for 2703 over time

Sales
Unit 2703, 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 1,391,250 (AED 2,477 per sqft)Sold, September 2016: AED 900,000 (AED 1,602 per sqft)Sold, December 2017: AED 1,000,000 (AED 1,781 per sqft)Sold, February 2024: AED 930,000 (AED 1,656 per sqft)

2703 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 2703, 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, May 2017: AED 78,000 a yearNew contract, July 2021: AED 55,000 a yearRenewal, July 2022: AED 57,750 a yearRenewal, July 2023: AED 60,638 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 2703 sits

All 82 studios →

2703 last sold in February 2024 at AED 1,656 per sqft, in line with what studios in D1 Tower were fetching at the time (AED 1,629). 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. 2703's AED 60,638 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 27th floor

All 515 units in D1 Tower
Value
27013-bedAED 3.5M · Oct 2023
27021-bedAED 2.55M · Mar 2009
27042-bedAED 3.47M · Mar 2009
27053-bedAED 2.65M · Nov 2023
27061-bedAED 1.4M · Apr 2019
27073-bedAED 2.75M · Sep 2016
27082-bedAED 2.05M · Dec 2023
1–7 of 9

2703, D1 Tower in numbers

  • Sold 4 times: first on 29 March 2009 for AED 1,391,250, last on 15 February 2024 for AED 930,000 (AED 1,656 per sqft).
  • Rented since May 2017 on 4 Ejari contracts. The rent fell from AED 78,000 to AED 55,000 in 2021 and recovered to AED 60,638 by July 2023.
  • At AED 60,638 a year the gross yield on the 2024 price is 6.5%, 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 15 February 2024.

Questions about 2703, D1 Tower

What did unit 2703 last sell for?

AED 930,000 on 15 February 2024: AED 1,656 per sqft for 561 sqft. The unit has 4 registered sales; the first was AED 1,391,250 in March 2009.

What is the rent for unit 2703?

AED 60,638 a year on the contract renewed on 1 July 2023. The previous contract, from July 2022, was AED 57,750; the unit has been rented since May 2017.

How big is unit 2703?

561 sqft (52.1 sqm): a studio on the 27th floor of a 76-storey tower completed in 2015.

What is unit 2703 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 2703, D1 Tower

Starts from the last sale price (AED 930K, 15 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 930,000
Deposit, UAE resident (20%)
AED 186,000
Deposit, non-resident (40%)
AED 372,000
Monthly over 25 years at 3.7%
AED 3,805

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