2-bed · 1,600 sqftKensington Waters B, District One · 12th floor · completed 2024

B 1201, Kensington Waters B

Sold prices and rental history: sold once, by the developer in November 2024, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B 1201 · DLD and Ejari recordsUpdated 21 September 2026
Last soldAED 3.51M27 November 2024
Current rentAED 185K /yr21 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B 1201, Kensington Waters B

What is B 1201 worth today?

Last sold for AED 3,512,828 in 2024

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21 Sep 2026RentedNew contract
AED 185,000/yr12 months · AED 115 per sqft
22 Aug 2025RentedNew contract
AED 200,000/yr12 months · AED 125 per sqft
27 Nov 2024Sold by developerOff-plan
AED 3,512,828AED 2,209 per sqft

Source: Dubai Land Department. Updated 21 September 2026.

Key facts

Type
2-bed apartment
Size
1,600 sqft
Floor
12th of 12
Parking
B-191
Developer
Ellington Properties Development
Completed
2024
Last sold
AED 3.51M · November 2024

About B 1201, Kensington Waters B

B 1201 is a two-bedroom apartment of 1,600 sqft on the 12th floor of Kensington Waters B, a 12-storey tower in District One completed in 2024 by Ellington Properties Development . The developer sold it on 27 November 2024 for AED 3,512,828, or AED 2,209 per sqft, 6% above the AED 2,085 two-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 21 September 2026, is AED 185,000 a year: a gross yield of 5.3% on the 2024 price.

Sales and rents for B 1201 over time

Sales
Unit B 1201, each saleTypical two-bed in Kensington Waters B
2M3M202220242026Typical sale price by year: 2022 AED 1,892,828; 2024 AED 2,560,828; 2025 AED 2,552,414; 2026 AED 2,650,000Sold by developer, November 2024: AED 3,512,828 (AED 2,209 per sqft)

B 1201 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit B 1201, each contractTypical two-bed in Kensington Waters B
160K180K200K202520262027Typical rent by year: 2025 AED 165,000; 2026 AED 165,000New contract, August 2025: AED 200,000 a yearNew contract, September 2026: AED 185,000 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 Kensington Waters B, and where B 1201 sits

All 44 2-beds →

B 1201 last sold in November 2024 at AED 2,209 per sqft, 6% above what two-beds in Kensington Waters B were fetching at the time (AED 2,085). Over the last 12 months two-beds sold for AED 2,550,000 to 3,450,000, around AED 2,119 per sqft, and rent for AED 145,000 to 185,000 a year. B 1201's AED 185,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Sep 20262,550,000
1 Sep 20262,700,000
12 Jun 20263,450,000
12 Jan 20262,600,000
4 2-bed sales in the last 12 months

Kensington Waters B

Building

124 apartments, 1-bed to 3-bed over 12 floors in District One, completed in 2024 by Ellington Properties Development . 17 sold in the last 12 months.

Typical price per sqft
AED 2,364 Up 9.2%
Typical sale
AED 2.15M
Typical rent
AED 135K /yr
Typical yield
5.7%
Kensington Waters B, District One: prices, sales and rents →

Other units on the 12th floor

All 124 units in Kensington Waters B
Value
B 12021-bedAED 2.21M · Aug 2024
B 12031-bedAED 2.02M · Feb 2025
B 12041-bedAED 2.28M · Oct 2026
B 12051-bedAED 2M · Aug 2024
B 12061-bedAED 2M · Feb 2026
B 12071-bedAED 2M · Feb 2025
B 12081-bedAED 2.06M · Sep 2024
1–7 of 10

B 1201, Kensington Waters B in numbers

  • Sold once: by Ellington Properties Development on 27 November 2024 for AED 3,512,828, or AED 2,209 per sqft.
  • Rented since August 2025 on 2 Ejari contracts, from AED 200,000 to AED 185,000 a year.
  • At AED 185,000 a year the gross yield on the 2024 price is 5.3%.
  • Two-beds in Kensington Waters B sold for AED 2,550,000–3,450,000 in the 12 months to November 2026; the building's median across all types is AED 2,364 per sqft.

Source: Dubai Land Department. Updated 21 September 2026.

Questions about B 1201, Kensington Waters B

What did unit B 1201 last sell for?

AED 3,512,828 on 27 November 2024, sold by the developer: AED 2,209 per sqft for 1,600 sqft. It is the only registered sale of the unit.

What is the rent for unit B 1201?

AED 185,000 a year on the contract signed on 21 September 2026. The previous contract, from August 2025, was AED 200,000.

How big is unit B 1201?

1,600 sqft (148.6 sqm): a two-bedroom apartment on the 12th floor of a 12-storey tower completed in 2024.

What is unit B 1201 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Kensington Waters B sold for AED 2,550,000 to 3,450,000 in the last 12 months, around AED 2,119 per sqft.

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Mortgage on B 1201, Kensington Waters B

Starts from the last sale price (AED 3.51M, 27 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,512,828
Deposit, UAE resident (20%)
AED 702,566
Deposit, non-resident (40%)
AED 1,405,131
Monthly over 25 years at 3.7%
AED 14,372

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