2-bed · 2,624 sqftAttareen Residences, Downtown Dubai · 4th floor · completed 2008

4216, Attareen Residences

Sold prices and rental history: sold twice, last in January 2014, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4216 · DLD and Ejari recordsUpdated 15 March 2019
Last soldAED 3.7M21 January 2014
Current rentAED 209K /yr15 March 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4216, Attareen Residences

What is 4216 worth today?

Last sold for AED 3,700,000 in 2014

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15 Mar 2019RentedRenewal
AED 209,437/yr12 months · AED 80 per sqft
7 Feb 2015RentedNew contract
AED 190,000/yr12 months · AED 72 per sqft
21 Jan 2014SoldReady
AED 3,700,000AED 1,410 per sqft
23 Apr 2013Sold by developerReady
AED 2,824,888AED 1,076 per sqft

Source: Dubai Land Department. Updated 15 March 2019.

Key facts

Type
2-bed apartment
Size
2,624 sqft
Floor
4th of 7
Parking
4. 319/318
Developer
Emaar
Completed
2008
Service charge
AED 61,600 /yr
Last sold
AED 3.7M · January 2014

About 4216, Attareen Residences

4216 is a two-bedroom apartment of 2,624 sqft on the 4th floor of Attareen Residences, a 7-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 21 January 2014 for AED 3,700,000, or AED 1,410 per sqft, 26% below the AED 1,907 two-beds in the building were fetching at the time.

It has been rented since 2015 on 2 Ejari contracts. The current contract, renewed on 15 March 2019, is AED 209,437 a year: a gross yield of 5.7% on the 2014 price, before the service charge of about AED 61,600 a year.

Sales and rents for 4216 over time

Sales
Unit 4216, 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, April 2013: AED 2,824,888 (AED 1,076 per sqft)Sold, January 2014: AED 3,700,000 (AED 1,410 per sqft)

4216 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4216, 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, February 2015: AED 190,000 a yearRenewal, March 2019: AED 209,437 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 4216 sits

All 55 2-beds →

4216 last sold in January 2014 at AED 1,410 per sqft, 26% below what two-beds in Attareen Residences were fetching at the time (AED 1,907). 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. 4216's AED 209,437 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 4th floor

All 88 units in Attareen Residences
Value
42092-bedAED 4.25M · Sep 2021
42101-bedAED 1.7M · Feb 2017
42111-bedAED 2.27M · Aug 2026
42121-bedAED 1.35M · Aug 2010
42131-bedAED 1.4M · May 2011
42142-bedAED 3.7M · Nov 2024
42152-bedAED 2.5M · Nov 2018
1–7 of 8

4216, Attareen Residences in numbers

  • Sold twice: first on 23 April 2013 for AED 2,824,888, last on 21 January 2014 for AED 3,700,000 (AED 1,410 per sqft).
  • Rented since February 2015 on 2 Ejari contracts, from AED 190,000 to AED 209,437 a year.
  • At AED 209,437 a year the gross yield on the 2014 price is 5.7%, before a service charge of about AED 61,600 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 15 March 2019.

Questions about 4216, Attareen Residences

What did unit 4216 last sell for?

AED 3,700,000 on 21 January 2014: AED 1,410 per sqft for 2,624 sqft. The unit has 2 registered sales; the first was AED 2,824,888 in April 2013.

What is the rent for unit 4216?

AED 209,437 a year on the contract renewed on 15 March 2019. The previous contract, from February 2015, was AED 190,000.

How big is unit 4216?

2,624 sqft (243.8 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2008.

What is unit 4216 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 4216, Attareen Residences

Starts from the last sale price (AED 3.7M, 21 January 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,700,000
Deposit, UAE resident (20%)
AED 740,000
Deposit, non-resident (40%)
AED 1,480,000
Monthly over 25 years at 3.7%
AED 15,138

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