3-bed · 1,715 sqftBellevue Tower 1, Downtown Dubai · 15th floor · completed 2020

1501, Bellevue Tower 1

Sold prices and rental history: sold twice, last in February 2024, and rented once, from July 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1501 · DLD and Ejari recordsUpdated 15 February 2024
Last soldAED 3.58M15 February 2024
Current rentAED 200K /yr1 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1501, Bellevue Tower 1

What is 1501 worth today?

Last sold for AED 3,580,000 in 2024

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15 Feb 2024SoldReady
AED 3,580,000AED 2,087 per sqft
1 Jul 2022RentedNew contract
AED 200,000/yr12 months · AED 117 per sqft
13 Aug 2018Sold by developerOff-plan
AED 3,132,000AED 1,825 per sqft

Source: Dubai Land Department. Updated 15 February 2024.

Key facts

Type
3-bed apartment
Size
1,715 sqft
Floor
15th of 23
Parking
G-57, G-58
Developer
Central Dubai Projects
Completed
2020
Service charge
AED 40,700 /yr
Last sold
AED 3.58M · February 2024

About 1501, Bellevue Tower 1

1501 is a three-bedroom apartment of 1,715 sqft on the 15th floor of Bellevue Tower 1, a 23-storey tower in Downtown Dubai completed in 2020 by Central Dubai Projects. It last sold on 15 February 2024 for AED 3,580,000, or AED 2,087 per sqft, in line with the AED 2,078 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 July 2022. The current contract, signed on 1 July 2022, is AED 200,000 a year: a gross yield of 5.6% on the 2024 price, before the service charge of about AED 40,700 a year.

Sales and rents for 1501 over time

Sales
Unit 1501, each saleTypical three-bed in Bellevue Tower 1
3M4M20182020202220242026Typical sale price by year: 2018 AED 3,162,000; 2019 AED 3,062,000; 2020 AED 3,133,500; 2021 AED 3,032,000; 2023 AED 3,600,000; 2024 AED 3,600,000; 2025 AED 4,395,000Sold by developer, August 2018: AED 3,132,000 (AED 1,825 per sqft)Sold, February 2024: AED 3,580,000 (AED 2,087 per sqft)

1501 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1501, each contractTypical three-bed in Bellevue Tower 1
200K250K202220242026Typical rent by year: 2022 AED 200,000; 2025 AED 280,000; 2026 AED 230,000New contract, July 2022: 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 Bellevue Tower 1, and where 1501 sits

All 27 3-beds →

1501 last sold in February 2024 at AED 2,087 per sqft, in line with what three-beds in Bellevue Tower 1 were fetching at the time (AED 2,078). Over the last 12 months three-beds sold for AED 3,850,000 to 8,300,000, around AED 2,498 per sqft, and rent for AED 100,000 to 420,000 a year. 1501's AED 200,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
6 Mar 20268,300,000
26 Nov 20253,850,000
30 Oct 20258,700,000
24 Apr 20253,750,000
2 3-bed sales in the last 12 months

Bellevue Tower 1

Building

218 apartments, 1-bed to 3-bed over 23 floors in Downtown Dubai, completed in 2020 by Central Dubai Projects. 17 sold in the last 12 months.

Typical price per sqft
AED 1,808 Down 16.6%
Typical sale
AED 2.2M
Typical rent
AED 130K /yr
Typical yield
6.8%
Bellevue Tower 1, Downtown Dubai: prices, sales and rents →

Other units on the 15th floor

All 218 units in Bellevue Tower 1
Value
15022-bedAED 2.5M · Jul 2022
15032-bedAED 2.2M · Jan 2024
15042-bedAED 2.35M · Jan 2020
15052-bedAED 2.36M · Sep 2018
15071-bedAED 1.44M · Sep 2018
15081-bedAED 1.44M · Sep 2018
15091-bedAED 1.46M · Sep 2018
1–7 of 9

1501, Bellevue Tower 1 in numbers

  • Sold twice: first on 13 August 2018 for AED 3,132,000, last on 15 February 2024 for AED 3,580,000 (AED 2,087 per sqft).
  • Rented since July 2022 on one Ejari contract, at AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2024 price is 5.6%, before a service charge of about AED 40,700 a year (AED 23.74 per sqft).
  • Three-beds in Bellevue Tower 1 sold for AED 3,850,000–8,300,000 in the 12 months to November 2026; the building's median across all types is AED 1,808 per sqft.

Source: Dubai Land Department. Updated 15 February 2024.

Questions about 1501, Bellevue Tower 1

What did unit 1501 last sell for?

AED 3,580,000 on 15 February 2024: AED 2,087 per sqft for 1,715 sqft. The unit has 2 registered sales; the first was AED 3,132,000 in August 2018.

What is the rent for unit 1501?

AED 200,000 a year on the contract signed on 1 July 2022.

How big is unit 1501?

1,715 sqft (159.3 sqm): a three-bedroom apartment on the 15th floor of a 23-storey tower completed in 2020.

What is unit 1501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Bellevue Tower 1 sold for AED 3,850,000 to 8,300,000 in the last 12 months, around AED 2,498 per sqft.

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Mortgage on 1501, Bellevue Tower 1

Starts from the last sale price (AED 3.58M, 15 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,580,000
Deposit, UAE resident (20%)
AED 716,000
Deposit, non-resident (40%)
AED 1,432,000
Monthly over 25 years at 3.7%
AED 14,647

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