3-bed · 3,826 sqftAttareen Residences, Downtown Dubai · 1st floor · completed 2008

1227, Attareen Residences

Sold prices and rental history: sold twice, last in January 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1227 · DLD and Ejari recordsUpdated 16 January 2024
Last soldAED 10.92M16 January 2024
Current rentAED 200K /yr15 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1227, Attareen Residences

What is 1227 worth today?

Last sold for AED 10,915,000 in 2024

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16 Jan 2024SoldReady
AED 10,915,000AED 2,852 per sqft
15 Jan 2021RentedNew contract
AED 200,000/yr18 months · AED 52 per sqft
14 Aug 2017RentedNew contract
AED 550,000/yr12 months · AED 144 per sqft
14 Aug 2016RentedRenewal
AED 550,000/yr12 months · AED 144 per sqft
14 Aug 2014RentedNew contract
AED 550,000/yr24 months · AED 144 per sqft
9 Aug 2010Sold by developerReady
AED 4,473,888AED 1,169 per sqft

Source: Dubai Land Department. Updated 16 January 2024.

Key facts

Type
3-bed apartment
Size
3,826 sqft
Floor
1st of 7
Parking
L3-480, L3-481
Developer
Emaar
Completed
2008
Service charge
AED 89,800 /yr
Last sold
AED 10.92M · January 2024

About 1227, Attareen Residences

1227 is a three-bedroom apartment of 3,826 sqft on the 1st floor of Attareen Residences, a 7-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 16 January 2024 for AED 10,915,000, or AED 2,852 per sqft.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 15 January 2021, is AED 200,000 a year: a gross yield of 1.8% on the 2024 price, before the service charge of about AED 89,800 a year.

Sales and rents for 1227 over time

Sales
Unit 1227, each saleTypical three-bed in Attareen Residences
5M10M2008201320182023Typical sale price by year: 2008 AED 9,000,000; 2009 AED 4,473,900; 2010 AED 4,473,888Sold by developer, August 2010: AED 4,473,888 (AED 1,169 per sqft)Sold, January 2024: AED 10,915,000 (AED 2,852 per sqft)

1227 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1227, each contractTypical three-bed in Attareen Residences
200K400K600K20142017202020232026Typical rent by year: 2016 AED 350,000; 2017 AED 550,000; 2019 AED 300,000; 2020 AED 270,497; 2021 AED 285,000; 2023 AED 333,500; 2025 AED 370,000New contract, August 2014: AED 550,000 a yearRenewal, August 2016: AED 550,000 a yearNew contract, August 2017: AED 550,000 a yearNew contract, January 2021: AED 200,000 a year

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

3-beds in Attareen Residences, and where 1227 sits

All 7 3-beds →

Over the last 12 months three-beds sold for AED 12,825,000, around AED 3,352 per sqft, and rent for AED 370,000 to 370,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
7 May 202612,825,000
22 Mar 202410,700,000
8 Jun 201417,800,000
4 Oct 20103,800,000
1 3-bed sale 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
12262-bedAED 4.65M · Jan 2017
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

1227, Attareen Residences in numbers

  • Sold twice: first on 9 August 2010 for AED 4,473,888, last on 16 January 2024 for AED 10,915,000 (AED 2,852 per sqft).
  • Rented since August 2014 on 4 Ejari contracts, from AED 550,000 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2024 price is 1.8%, before a service charge of about AED 89,800 a year (AED 23.48 per sqft).
  • Three-beds in Attareen Residences sold for AED 12,825,000–12,825,000 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 16 January 2024.

Questions about 1227, Attareen Residences

What did unit 1227 last sell for?

AED 10,915,000 on 16 January 2024: AED 2,852 per sqft for 3,826 sqft. The unit has 2 registered sales; the first was AED 4,473,888 in August 2010.

What is the rent for unit 1227?

AED 200,000 a year on the contract signed on 15 January 2021. The previous contract, from August 2017, was AED 550,000; the unit has been rented since August 2014.

How big is unit 1227?

3,826 sqft (355.4 sqm): a three-bedroom apartment on the 1st floor of a 7-storey tower completed in 2008.

What is unit 1227 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Attareen Residences sold for AED 12,825,000 to 12,825,000 in the last 12 months, around AED 3,352 per sqft.

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Mortgage on 1227, Attareen Residences

Starts from the last sale price (AED 10.92M, 16 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 10,915,000
Deposit, UAE resident (20%)
AED 2,183,000
Deposit, non-resident (40%)
AED 4,366,000
Monthly over 25 years at 3.7%
AED 44,657

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