2-bed · 1,292 sqftBellevue Tower 1, Downtown Dubai · 16th floor · completed 2020

1602, Bellevue Tower 1

Sold prices and rental history: sold once, by the developer in December 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1602 · DLD and Ejari recordsUpdated 12 December 2019
Last soldAED 2.5M12 December 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1602, Bellevue Tower 1

What is 1602 worth today?

Last sold for AED 2,495,000 in 2019

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12 Dec 2019Sold by developerOff-plan
AED 2,495,000AED 1,930 per sqft

Source: Dubai Land Department. Updated 12 December 2019.

Key facts

Type
2-bed apartment
Size
1,292 sqft
Floor
16th of 23
Parking
P1-47
Developer
Central Dubai Projects
Completed
2020
Service charge
AED 30,700 /yr
Last sold
AED 2.5M · December 2019

About 1602, Bellevue Tower 1

1602 is a two-bedroom apartment of 1,292 sqft on the 16th floor of Bellevue Tower 1, a 23-storey tower in Downtown Dubai completed in 2020 by Central Dubai Projects. The developer sold it on 12 December 2019 for AED 2,495,000, or AED 1,930 per sqft, 9% above the AED 1,778 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1602 over time

Sales
Unit 1602, each saleTypical two-bed in Bellevue Tower 1
2.5M2018202120242027Typical sale price by year: 2018 AED 2,364,000; 2019 AED 2,297,000; 2020 AED 2,254,000; 2021 AED 2,257,000; 2022 AED 2,420,000; 2023 AED 2,485,000; 2024 AED 2,550,000; 2025 AED 2,775,000; 2026 AED 2,200,000Sold by developer, December 2019: AED 2,495,000 (AED 1,930 per sqft)

1602 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1602, each contractTypical two-bed in Bellevue Tower 1
125K150K175K2021202320252027Typical rent by year: 2021 AED 125,000; 2022 AED 125,373; 2023 AED 140,000; 2024 AED 155,000; 2025 AED 175,000; 2026 AED 150,000

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

2-beds in Bellevue Tower 1, and where 1602 sits

All 104 2-beds →

1602 last sold in December 2019 at AED 1,930 per sqft, 9% above what two-beds in Bellevue Tower 1 were fetching at the time (AED 1,778). Over the last 12 months two-beds sold for AED 1,000,000 to 2,875,000, around AED 2,138 per sqft, and rent for AED 70,000 to 210,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Oct 20262,325,000
18 Jun 20262,200,000
13 Apr 20261,000,000
24 Nov 20252,875,000
6 2-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 16th floor

All 218 units in Bellevue Tower 1
Value
16013-bedAED 3.69M · Sep 2023
16032-bedAED 2.5M · Aug 2018
16042-bedAED 2.48M · Apr 2020
16052-bedAED 2.49M · Jun 2018
16071-bedAED 1.67M · Jan 2024
16081-bedAED 1.2M · Aug 2022
16091-bedAED 1.5M · Jan 2020
1–7 of 9

1602, Bellevue Tower 1 in numbers

  • Sold once: by Central Dubai Projects on 12 December 2019 for AED 2,495,000, or AED 1,930 per sqft.
  • Two-beds in Bellevue Tower 1 sold for AED 1,000,000–2,875,000 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 12 December 2019.

Questions about 1602, Bellevue Tower 1

What did unit 1602 last sell for?

AED 2,495,000 on 12 December 2019, sold by the developer: AED 1,930 per sqft for 1,292 sqft. It is the only registered sale of the unit.

How big is unit 1602?

1,292 sqft (120.0 sqm): a two-bedroom apartment on the 16th floor of a 23-storey tower completed in 2020.

What is unit 1602 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Bellevue Tower 1 sold for AED 1,000,000 to 2,875,000 in the last 12 months, around AED 2,138 per sqft.

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Mortgage on 1602, Bellevue Tower 1

Starts from the last sale price (AED 2.5M, 12 December 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,495,000
Deposit, UAE resident (20%)
AED 499,000
Deposit, non-resident (40%)
AED 998,000
Monthly over 25 years at 3.7%
AED 10,208

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