2-bed · 3,201 sqftAttareen Residences, Downtown Dubai · 1st floor · completed 2008

1226, Attareen Residences

Sold prices and rental history: sold twice, last in January 2017, and rented once, from August 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1226 · DLD and Ejari recordsUpdated 18 January 2017
Last soldAED 4.65M18 January 2017
Current rentAED 240K /yr28 August 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1226, Attareen Residences

What is 1226 worth today?

Last sold for AED 4,650,000 in 2017

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18 Jan 2017SoldReady
AED 4,650,000AED 1,452 per sqft
28 Aug 2015RentedNew contract
AED 240,000/yr12 months · AED 75 per sqft
6 Jan 2010Sold by developerReady
AED 4,813,888AED 1,503 per sqft

Source: Dubai Land Department. Updated 18 January 2017.

Key facts

Type
2-bed apartment
Size
3,201 sqft
Floor
1st of 7
Parking
3. 507
Developer
Emaar
Completed
2008
Service charge
AED 75,200 /yr
Last sold
AED 4.65M · January 2017

About 1226, Attareen Residences

1226 is a two-bedroom apartment of 3,201 sqft on the 1st floor of Attareen Residences, a 7-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 18 January 2017 for AED 4,650,000, or AED 1,452 per sqft, 23% below the AED 1,874 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 28 August 2015. The current contract, signed on 28 August 2015, is AED 240,000 a year: a gross yield of 5.2% on the 2017 price, before the service charge of about AED 75,200 a year.

Sales and rents for 1226 over time

Sales
Unit 1226, each saleTypical two-bed in Attareen Residences
4M2009201420192024Typical sale price by year: 2009 AED 2,730,595; 2010 AED 2,676,888; 2011 AED 4,019,444; 2012 AED 3,200,000; 2013 AED 3,725,000; 2014 AED 3,700,000; 2015 AED 4,350,000; 2016 AED 3,350,000; 2017 AED 3,450,000; 2018 AED 2,500,000; 2019 AED 2,677,500; 2021 AED 3,500,000; 2022 AED 4,350,000; 2023 AED 3,300,000; 2024 AED 3,562,500; 2025 AED 4,500,000; 2026 AED 4,900,000Sold by developer, January 2010: AED 4,813,888 (AED 1,503 per sqft)Sold, January 2017: AED 4,650,000 (AED 1,452 per sqft)

1226 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1226, each contractTypical two-bed in Attareen Residences
150K200K250K2012201620202024Typical rent by year: 2012 AED 188,500; 2013 AED 195,000; 2014 AED 213,000; 2015 AED 200,539; 2016 AED 195,000; 2017 AED 200,000; 2018 AED 177,500; 2019 AED 170,000; 2020 AED 157,500; 2021 AED 152,500; 2022 AED 165,000; 2023 AED 179,000; 2024 AED 190,000; 2025 AED 232,500; 2026 AED 230,000New contract, August 2015: AED 240,000 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 Attareen Residences, and where 1226 sits

All 55 2-beds →

1226 last sold in January 2017 at AED 1,452 per sqft, 23% below what two-beds in Attareen Residences were fetching at the time (AED 1,874). Over the last 12 months two-beds sold for AED 4,050,000 to 15,300,000, around AED 2,564 per sqft, and rent for AED 180,000 to 530,000 a year. 1226's AED 240,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Oct 20264,600,000
18 Aug 20265,200,000
3 Feb 20264,050,000
30 Jan 202615,300,000
5 2-bed sales in the last 12 months

Attareen Residences

Building

88 apartments, 1-bed to 3-bed over 7 floors in Downtown Dubai, completed in 2008 by Emaar. 8 sold in the last 12 months.

Typical price per sqft
AED 2,600
Typical sale
AED 4.9M
Typical rent
AED 185K /yr
Typical yield
4.5%
Attareen Residences, Downtown Dubai: prices, sales and rents →

Other units on the 1st floor

All 88 units in Attareen Residences
Value
12273-bedAED 10.92M · Jan 2024
12283-bedAED 10.7M · Mar 2024
12293-bedAED 17.8M · Jun 2014
12302-bedAED 3.51M · Dec 2010
12313-bedAED 9M · Nov 2008
12322-bedAED 2.55M · Apr 2021
12332-bedAED 4.2M · Nov 2022
1–7 of 10

1226, Attareen Residences in numbers

  • Sold twice: first on 6 January 2010 for AED 4,813,888, last on 18 January 2017 for AED 4,650,000 (AED 1,452 per sqft).
  • Rented since August 2015 on one Ejari contract, at AED 240,000 a year.
  • At AED 240,000 a year the gross yield on the 2017 price is 5.2%, before a service charge of about AED 75,200 a year (AED 23.48 per sqft).
  • Two-beds in Attareen Residences sold for AED 4,050,000–15,300,000 in the 12 months to November 2026; the building's median across all types is AED 2,600 per sqft.

Source: Dubai Land Department. Updated 18 January 2017.

Questions about 1226, Attareen Residences

What did unit 1226 last sell for?

AED 4,650,000 on 18 January 2017: AED 1,452 per sqft for 3,201 sqft. The unit has 2 registered sales; the first was AED 4,813,888 in January 2010.

What is the rent for unit 1226?

AED 240,000 a year on the contract signed on 28 August 2015.

How big is unit 1226?

3,201 sqft (297.4 sqm): a two-bedroom apartment on the 1st floor of a 7-storey tower completed in 2008.

What is unit 1226 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Attareen Residences sold for AED 4,050,000 to 15,300,000 in the last 12 months, around AED 2,564 per sqft.

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Mortgage on 1226, Attareen Residences

Starts from the last sale price (AED 4.65M, 18 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 4,650,000
Deposit, UAE resident (20%)
AED 930,000
Deposit, non-resident (40%)
AED 1,860,000
Monthly over 25 years at 3.7%
AED 19,025

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