2-bed · 1,203 sqftSol Amber (Iris Amber), Culture Village · 6th floor

702, Sol Amber (Iris Amber)

Sold prices and rental history: sold once, by the developer in August 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 8 August 2024
Last soldAED 1.56M8 August 2024
Current rentAED 74K /yr4 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Sol Amber (Iris Amber)

What is 702 worth today?

Last sold for AED 1,558,888 in 2024

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8 Aug 2024Sold by developerReady
AED 1,558,888AED 1,296 per sqft
4 Jul 2023RentedRenewal
AED 73,500/yr12 months · AED 61 per sqft
4 Jul 2022RentedNew contract
AED 70,000/yr12 months · AED 58 per sqft
15 Jan 2021RentedNew contract
AED 60,000/yr12 months · AED 50 per sqft

Source: Dubai Land Department. Updated 8 August 2024.

Key facts

Type
2-bed apartment
Size
1,203 sqft
Floor
6th of 8
Parking
B1-24
Last sold
AED 1.56M · August 2024

About 702, Sol Amber (Iris Amber)

702 is a two-bedroom apartment of 1,203 sqft on the 6th floor of Sol Amber (Iris Amber), a 8-storey tower in Culture Village. The developer sold it on 8 August 2024 for AED 1,558,888, or AED 1,296 per sqft, in line with the AED 1,291 two-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 4 July 2023, is AED 73,500 a year: a gross yield of 4.7% on the 2024 price.

Sales and rents for 702 over time

Rents
Unit 702, each contractTypical two-bed in Sol Amber (Iris Amber)
50K100K2018202120242027Typical rent by year: 2018 AED 85,000; 2019 AED 77,500; 2020 AED 68,500; 2021 AED 62,500; 2022 AED 66,750; 2023 AED 71,842; 2024 AED 112,500; 2025 AED 117,000; 2026 AED 115,000New contract, January 2021: AED 60,000 a yearNew contract, July 2022: AED 70,000 a yearRenewal, July 2023: AED 73,500 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 Sol Amber (Iris Amber), and where 702 sits

All 22 2-beds →

702 last sold in August 2024 at AED 1,296 per sqft, in line with what two-beds in Sol Amber (Iris Amber) were fetching at the time (AED 1,291). Over the last 12 months two-beds sold for AED 2,050,000, around AED 1,738 per sqft, and rent for AED 102,000 to 168,000 a year. 702's AED 73,500 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
15 May 20262,050,000
4 Nov 20241,725,777
9 Oct 20241,518,888
2 Sep 20241,408,888
1 2-bed sale in the last 12 months

Sol Amber (Iris Amber)

Building

95 apartments, studios to 2-bed over 8 floors in Culture Village. 6 sold in the last 12 months.

Typical price per sqft
AED 1,570
Typical sale
AED 1.08M
Typical rent
AED 76K /yr
Typical yield
6.2%
Sol Amber (Iris Amber), Culture Village: prices, sales and rents →

Other units on the 6th floor

All 95 units in Sol Amber (Iris Amber)
Value
7011-bedAED 1.05M · Jun 2025
7031-bedAED 809K · Mar 2024
7041-bedAED 1.25M · Apr 2024
7051-bedAED 1.07M · May 2024
7061-bedAED 849K · May 2024
7071-bedAED 950K · Jul 2024
7082-bedAED 1.32M · Mar 2024
1–7 of 10

702, Sol Amber (Iris Amber) in numbers

  • Sold once: by the developer on 8 August 2024 for AED 1,558,888, or AED 1,296 per sqft.
  • Rented since January 2021 on 3 Ejari contracts, from AED 60,000 to AED 73,500 a year.
  • At AED 73,500 a year the gross yield on the 2024 price is 4.7%.
  • Two-beds in Sol Amber (Iris Amber) sold for AED 2,050,000–2,050,000 in the 12 months to November 2026; the building's median across all types is AED 1,570 per sqft.

Source: Dubai Land Department. Updated 8 August 2024.

Questions about 702, Sol Amber (Iris Amber)

What did unit 702 last sell for?

AED 1,558,888 on 8 August 2024, sold by the developer: AED 1,296 per sqft for 1,203 sqft. It is the only registered sale of the unit.

What is the rent for unit 702?

AED 73,500 a year on the contract renewed on 4 July 2023. The previous contract, from July 2022, was AED 70,000; the unit has been rented since January 2021.

How big is unit 702?

1,203 sqft (111.8 sqm): a two-bedroom apartment on the 6th floor of a 8-storey tower.

What is unit 702 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Sol Amber (Iris Amber) sold for AED 2,050,000 to 2,050,000 in the last 12 months, around AED 1,738 per sqft.

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Mortgage on 702, Sol Amber (Iris Amber)

Starts from the last sale price (AED 1.56M, 8 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,558,888
Deposit, UAE resident (20%)
AED 311,778
Deposit, non-resident (40%)
AED 623,555
Monthly over 25 years at 3.7%
AED 6,378

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