2-bed · 1,409 sqftD1 Tower, Culture Village · 4th floor · completed 2015

408, D1 Tower

Sold prices and rental history: sold once, by the developer in July 2013, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 22 May 2024
Last soldAED 2.35M22 July 2013
Current rentAED 145K /yr22 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, D1 Tower

What is 408 worth today?

Last sold for AED 2,350,000 in 2013

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22 May 2024RentedNew contract
AED 145,000/yr24 months · AED 103 per sqft
30 Nov 2022RentedRenewal
AED 115,000/yr12 months · AED 82 per sqft
30 Nov 2021RentedNew contract
AED 115,000/yr12 months · AED 82 per sqft
1 Nov 2020RentedNew contract
AED 100,000/yr12 months · AED 71 per sqft
31 Jan 2016RentedNew contract
AED 140,000/yr12 months · AED 99 per sqft
22 Jul 2013Sold by developerOff-plan
AED 2,350,000AED 1,668 per sqft

Source: Dubai Land Department. Updated 22 May 2024.

Key facts

Type
2-bed apartment
Size
1,409 sqft
Floor
4th of 76
Parking
B3-288
Developer
Emirates D1
Completed
2015
Service charge
AED 29,600 /yr
Last sold
AED 2.35M · July 2013
Building
D1 Tower

About 408, D1 Tower

408 is a two-bedroom apartment of 1,409 sqft on the 4th floor of D1 Tower, a 76-storey tower in Culture Village completed in 2015 by Emirates D1. The developer sold it on 22 July 2013 for AED 2,350,000, or AED 1,668 per sqft, 14% above the AED 1,459 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, signed on 22 May 2024, is AED 145,000 a year: a gross yield of 6.2% on the 2013 price, before the service charge of about AED 29,600 a year.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical two-bed in D1 Tower
2M2009201420192024Typical sale price by year: 2009 AED 2,719,800; 2011 AED 1,459,220; 2012 AED 2,220,000; 2013 AED 2,300,000; 2014 AED 2,740,954; 2015 AED 2,515,000; 2016 AED 2,250,000; 2017 AED 2,200,000; 2018 AED 2,095,036; 2019 AED 1,650,000; 2020 AED 1,700,000; 2021 AED 1,625,000; 2022 AED 1,960,000; 2023 AED 2,075,000; 2024 AED 2,400,000; 2025 AED 2,555,000; 2026 AED 2,500,000Sold by developer, July 2013: AED 2,350,000 (AED 1,668 per sqft)

408 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 408, each contractTypical two-bed in D1 Tower
100K125K150K20152018202120242027Typical rent by year: 2015 AED 140,000; 2016 AED 140,000; 2017 AED 141,000; 2018 AED 135,000; 2019 AED 120,000; 2020 AED 95,000; 2021 AED 99,866; 2022 AED 105,875; 2023 AED 122,500; 2024 AED 145,000; 2025 AED 150,000; 2026 AED 143,557New contract, January 2016: AED 140,000 a yearNew contract, November 2020: AED 100,000 a yearNew contract, November 2021: AED 115,000 a yearRenewal, November 2022: AED 115,000 a yearNew contract, May 2024: AED 145,000 a year

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

2-beds in D1 Tower, and where 408 sits

All 102 2-beds →

408 last sold in July 2013 at AED 1,668 per sqft, 14% above what two-beds in D1 Tower were fetching at the time (AED 1,459). Over the last 12 months two-beds sold for AED 1,100,000 to 3,960,000, around AED 1,774 per sqft, and rent for AED 90,000 to 200,000 a year. 408's AED 145,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
20 Apr 20262,500,000
24 Mar 20262,500,000
4 Mar 20263,000,000
4 Mar 20263,000,000
7 2-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 4th floor

All 515 units in D1 Tower
Value
4013-bedAED 3.96M · Mar 2014
4021-bedAED 1.4M · Apr 2021
403StudioAED 679K · Apr 2009
4042-bedAED 2.2M · Jul 2017
4053-bedAED 2.6M · Oct 2016
4061-bedAED 1.53M · Dec 2016
4073-bedAED 1.9M · Oct 2021
1–7 of 9

408, D1 Tower in numbers

  • Sold once: by Emirates D1 on 22 July 2013 for AED 2,350,000, or AED 1,668 per sqft.
  • Rented since January 2016 on 5 Ejari contracts. The rent fell from AED 140,000 to AED 100,000 in 2020 and recovered to AED 145,000 by May 2024.
  • At AED 145,000 a year the gross yield on the 2013 price is 6.2%, before a service charge of about AED 29,600 a year (AED 21.00 per sqft).
  • Two-beds in D1 Tower sold for AED 1,100,000–3,960,000 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 22 May 2024.

Questions about 408, D1 Tower

What did unit 408 last sell for?

AED 2,350,000 on 22 July 2013, sold by the developer: AED 1,668 per sqft for 1,409 sqft. It is the only registered sale of the unit.

What is the rent for unit 408?

AED 145,000 a year on the contract signed on 22 May 2024. The previous contract, from November 2022, was AED 115,000; the unit has been rented since January 2016.

How big is unit 408?

1,409 sqft (130.9 sqm): a two-bedroom apartment on the 4th floor of a 76-storey tower completed in 2015.

What is unit 408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in D1 Tower sold for AED 1,100,000 to 3,960,000 in the last 12 months, around AED 1,774 per sqft.

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Mortgage on 408, D1 Tower

Starts from the last sale price (AED 2.35M, 22 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,350,000
Deposit, UAE resident (20%)
AED 470,000
Deposit, non-resident (40%)
AED 940,000
Monthly over 25 years at 3.7%
AED 9,615

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