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

1228, Attareen Residences

Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1228 · DLD and Ejari recordsUpdated 22 March 2024
Last soldAED 10.7M22 March 2024
Current rentAED 480K /yr15 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1228, Attareen Residences

What is 1228 worth today?

Last sold for AED 10,700,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

22 Mar 2024SoldReady
AED 10,700,000AED 2,796 per sqft
15 Aug 2023RentedNew contract
AED 480,000/yr12 months · AED 125 per sqft
16 Sep 2021RentedNew contract
AED 285,000/yr12 months · AED 74 per sqft
30 Sep 2020RentedRenewal
AED 220,000/yr12 months · AED 58 per sqft
30 Sep 2019RentedNew contract
AED 275,000/yr12 months · AED 72 per sqft
1 Mar 2016RentedRenewal
AED 350,000/yr12 months · AED 92 per sqft
1 Mar 2015RentedNew contract
AED 350,000/yr12 months · AED 92 per sqft
4 Oct 2009Sold by developerReady
AED 4,473,888AED 1,169 per sqft

Source: Dubai Land Department. Updated 22 March 2024.

Key facts

Type
3-bed apartment
Size
3,826 sqft
Floor
1st of 7
Parking
L3-511, L3-512
Developer
Emaar
Completed
2008
Service charge
AED 89,800 /yr
Last sold
AED 10.7M · March 2024

About 1228, Attareen Residences

1228 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 22 March 2024 for AED 10,700,000, or AED 2,796 per sqft.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 15 August 2023, is AED 480,000 a year: a gross yield of 4.5% on the 2024 price, before the service charge of about AED 89,800 a year.

Sales and rents for 1228 over time

Sales
Unit 1228, 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, October 2009: AED 4,473,888 (AED 1,169 per sqft)Sold, March 2024: AED 10,700,000 (AED 2,796 per sqft)

1228 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1228, each contractTypical three-bed in Attareen Residences
200K400K600K2015201820212024Typical 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, March 2015: AED 350,000 a yearRenewal, March 2016: AED 350,000 a yearNew contract, September 2019: AED 275,000 a yearRenewal, September 2020: AED 220,000 a yearNew contract, September 2021: AED 285,000 a yearNew contract, August 2023: AED 480,000 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 1228 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
16 Jan 202410,915,000
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
12273-bedAED 10.92M · Jan 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

1228, Attareen Residences in numbers

  • Sold twice: first on 4 October 2009 for AED 4,473,888, last on 22 March 2024 for AED 10,700,000 (AED 2,796 per sqft).
  • Rented since March 2015 on 6 Ejari contracts. The rent fell from AED 350,000 to AED 220,000 in 2020 and recovered to AED 480,000 by August 2023.
  • At AED 480,000 a year the gross yield on the 2024 price is 4.5%, 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 22 March 2024.

Questions about 1228, Attareen Residences

What did unit 1228 last sell for?

AED 10,700,000 on 22 March 2024: AED 2,796 per sqft for 3,826 sqft. The unit has 2 registered sales; the first was AED 4,473,888 in October 2009.

What is the rent for unit 1228?

AED 480,000 a year on the contract signed on 15 August 2023. The previous contract, from September 2021, was AED 285,000; the unit has been rented since March 2015.

How big is unit 1228?

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 1228 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.

Selling 1228? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1228, Attareen Residences

Starts from the last sale price (AED 10.7M, 22 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 10,700,000
Deposit, UAE resident (20%)
AED 2,140,000
Deposit, non-resident (40%)
AED 4,280,000
Monthly over 25 years at 3.7%
AED 43,777

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