2-bed · 2,048 sqftAttareen Residences, Downtown Dubai · 1st floor · completed 2008

1233, Attareen Residences

Sold prices and rental history: sold twice, last in November 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1233 · DLD and Ejari recordsUpdated 25 November 2022
Last soldAED 4.2M25 November 2022
Current rentAED 140K /yr1 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1233, Attareen Residences

What is 1233 worth today?

Last sold for AED 4,200,000 in 2022

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25 Nov 2022SoldReady
AED 4,200,000AED 2,050 per sqft
1 Jun 2022RentedRenewal
AED 140,000/yr12 months · AED 68 per sqft
1 Jun 2021RentedRenewal
AED 140,000/yr12 months · AED 68 per sqft
1 Jun 2020RentedNew contract
AED 140,000/yr12 months · AED 68 per sqft
1 Feb 2020RentedNew contract
AED 165,000/yr12 months · AED 81 per sqft
9 Jan 2019RentedNew contract
AED 155,000/yr12 months · AED 76 per sqft
9 Jan 2018RentedRenewal
AED 180,000/yr12 months · AED 88 per sqft
9 Jan 2017RentedRenewal
AED 180,000/yr12 months · AED 88 per sqft

Source: Dubai Land Department. Updated 25 November 2022.

Key facts

Type
2-bed apartment
Size
2,048 sqft
Floor
1st of 7
Parking
469, 471
Developer
Emaar
Completed
2008
Service charge
AED 48,100 /yr
Last sold
AED 4.2M · November 2022

About 1233, Attareen Residences

1233 is a two-bedroom apartment of 2,048 sqft on the 1st floor of Attareen Residences, a 7-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 25 November 2022 for AED 4,200,000, or AED 2,050 per sqft, 58% above the AED 1,294 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 1 June 2022, is AED 140,000 a year: a gross yield of 3.3% on the 2022 price, before the service charge of about AED 48,100 a year.

Sales and rents for 1233 over time

Sales
Unit 1233, 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, March 2011: AED 2,804,888 (AED 1,369 per sqft)Sold, November 2022: AED 4,200,000 (AED 2,050 per sqft)

1233 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1233, each contractTypical two-bed in Attareen Residences
150K200K2012201620202024Typical 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, January 2014: AED 230,000 a yearNew contract, January 2015: AED 210,000 a yearRenewal, January 2016: AED 210,000 a yearRenewal, January 2017: AED 180,000 a yearRenewal, January 2018: AED 180,000 a yearNew contract, January 2019: AED 155,000 a yearNew contract, February 2020: AED 165,000 a yearNew contract, June 2020: AED 140,000 a yearRenewal, June 2021: AED 140,000 a yearRenewal, June 2022: AED 140,000 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 1233 sits

All 55 2-beds →

1233 last sold in November 2022 at AED 2,050 per sqft, 58% above what two-beds in Attareen Residences were fetching at the time (AED 1,294). 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. 1233's AED 140,000 is at the bottom 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
12262-bedAED 4.65M · Jan 2017
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
1–7 of 10

1233, Attareen Residences in numbers

  • Sold twice: first on 16 March 2011 for AED 2,804,888, last on 25 November 2022 for AED 4,200,000 (AED 2,050 per sqft).
  • Rented since January 2014 on 10 Ejari contracts, from AED 230,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2022 price is 3.3%, before a service charge of about AED 48,100 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 25 November 2022.

Questions about 1233, Attareen Residences

What did unit 1233 last sell for?

AED 4,200,000 on 25 November 2022: AED 2,050 per sqft for 2,048 sqft. The unit has 2 registered sales; the first was AED 2,804,888 in March 2011.

What is the rent for unit 1233?

AED 140,000 a year on the contract renewed on 1 June 2022. The previous contract, from June 2021, was AED 140,000; the unit has been rented since January 2014.

How big is unit 1233?

2,048 sqft (190.3 sqm): a two-bedroom apartment on the 1st floor of a 7-storey tower completed in 2008.

What is unit 1233 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 1233, Attareen Residences

Starts from the last sale price (AED 4.2M, 25 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 4,200,000
Deposit, UAE resident (20%)
AED 840,000
Deposit, non-resident (40%)
AED 1,680,000
Monthly over 25 years at 3.7%
AED 17,184

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