Studio · 561 sqftD1 Tower, Culture Village · 7th floor · completed 2015

703, D1 Tower

Sold prices and rental history: sold once, by the developer in April 2009, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 708K27 April 2009
Current rentAED 64K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, D1 Tower

What is 703 worth today?

Last sold for AED 707,850 in 2009

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1 Aug 2024RentedRenewal
AED 63,525/yr12 months · AED 113 per sqft
1 Aug 2023RentedRenewal
AED 57,750/yr12 months · AED 103 per sqft
1 Aug 2022RentedRenewal
AED 55,000/yr12 months · AED 98 per sqft
1 Aug 2021RentedRenewal
AED 50,000/yr12 months · AED 89 per sqft
1 Aug 2020RentedRenewal
AED 55,000/yr12 months · AED 98 per sqft
1 Aug 2019RentedNew contract
AED 60,000/yr12 months · AED 107 per sqft
15 Nov 2018RentedRenewal
AED 70,000/yr12 months · AED 125 per sqft
15 Nov 2017RentedNew contract
AED 75,000/yr12 months · AED 134 per sqft

Source: Dubai Land Department. Updated 1 August 2024.

Key facts

Type
Studio apartment
Size
561 sqft
Floor
7th of 76
Parking
B3-233
Developer
Emirates D1
Completed
2015
Service charge
AED 11,800 /yr
Last sold
AED 708K · April 2009
Building
D1 Tower

About 703, D1 Tower

703 is a studio of 561 sqft on the 7th floor of D1 Tower, a 76-storey tower in Culture Village completed in 2015 by Emirates D1. The developer sold it on 27 April 2009 for AED 707,850, or AED 1,260 per sqft, 39% below the AED 2,052 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 10 Ejari contracts. The current contract, renewed on 1 August 2024, is AED 63,525 a year: a gross yield of 9.0% on the 2009 price, before the service charge of about AED 11,800 a year.

Sales and rents for 703 over time

Sales
Unit 703, 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 707,850 (AED 1,260 per sqft)

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

Rents
Unit 703, 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, September 2016: AED 75,000 a yearNew contract, May 2017: AED 72,000 a yearNew contract, November 2017: AED 75,000 a yearRenewal, November 2018: AED 70,000 a yearNew contract, August 2019: AED 60,000 a yearRenewal, August 2020: AED 55,000 a yearRenewal, August 2021: AED 50,000 a yearRenewal, August 2022: AED 55,000 a yearRenewal, August 2023: AED 57,750 a yearRenewal, August 2024: AED 63,525 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 703 sits

All 82 studios →

703 last sold in April 2009 at AED 1,260 per sqft, 39% below what studios in D1 Tower were fetching at the time (AED 2,052). 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. 703's AED 63,525 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 7th floor

All 515 units in D1 Tower
Value
7013-bedAED 3.65M · Oct 2016
7021-bedAED 1.68M · Apr 2009
7042-bedAED 2.67M · May 2015
7053-bedAED 3.23M · May 2015
7061-bedAED 1.71M · Dec 2024
7073-bedAED 2.89M · Apr 2009
7082-bedAED 2.53M · Jun 2025
1–7 of 9

703, D1 Tower in numbers

  • Sold once: by Emirates D1 on 27 April 2009 for AED 707,850, or AED 1,260 per sqft.
  • Rented since September 2016 on 10 Ejari contracts. The rent fell from AED 75,000 to AED 50,000 in 2021 and recovered to AED 63,525 by August 2024.
  • At AED 63,525 a year the gross yield on the 2009 price is 9.0%, 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 2024.

Questions about 703, D1 Tower

What did unit 703 last sell for?

AED 707,850 on 27 April 2009, sold by the developer: AED 1,260 per sqft for 561 sqft. It is the only registered sale of the unit.

What is the rent for unit 703?

AED 63,525 a year on the contract renewed on 1 August 2024. The previous contract, from August 2023, was AED 57,750; the unit has been rented since September 2016.

How big is unit 703?

561 sqft (52.1 sqm): a studio on the 7th floor of a 76-storey tower completed in 2015.

What is unit 703 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 703, D1 Tower

Starts from the last sale price (AED 708K, 27 April 2009). Switch to today's estimate once you have unlocked it.
Price
AED 707,850
Deposit, UAE resident (20%)
AED 141,570
Deposit, non-resident (40%)
AED 283,140
Monthly over 25 years at 3.7%
AED 2,896

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