2-bed · 1,296 sqftBellevue Tower 1, Downtown Dubai · 16th floor · completed 2020

1603, Bellevue Tower 1

Sold prices and rental history: sold once, by the developer in August 2018, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1603 · DLD and Ejari recordsUpdated 10 August 2026
Last soldAED 2.5M13 August 2018
Current rentAED 150K /yr10 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1603, Bellevue Tower 1

What is 1603 worth today?

Last sold for AED 2,496,000 in 2018

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10 Aug 2026RentedNew contract
AED 150,000/yr12 months · AED 116 per sqft
1 Oct 2025RentedNew contract
AED 200,000/yr12 months · AED 155 per sqft
20 Feb 2023RentedNew contract
AED 155,000/yr12 months · AED 120 per sqft
13 Aug 2018Sold by developerOff-plan
AED 2,496,000AED 1,925 per sqft

Source: Dubai Land Department. Updated 10 August 2026.

Key facts

Type
2-bed apartment
Size
1,296 sqft
Floor
16th of 23
Parking
P1-48
Developer
Central Dubai Projects
Completed
2020
Service charge
AED 30,800 /yr
Last sold
AED 2.5M · August 2018

About 1603, Bellevue Tower 1

1603 is a two-bedroom apartment of 1,296 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 13 August 2018 for AED 2,496,000, or AED 1,925 per sqft, 4% above the AED 1,844 two-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 10 August 2026, is AED 150,000 a year: a gross yield of 6.0% on the 2018 price, before the service charge of about AED 30,800 a year.

Sales and rents for 1603 over time

Sales
Unit 1603, 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, August 2018: AED 2,496,000 (AED 1,925 per sqft)

1603 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1603, each contractTypical two-bed in Bellevue Tower 1
150K200K2021202320252027Typical 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 150,000New contract, February 2023: AED 155,000 a yearNew contract, October 2025: AED 200,000 a yearNew contract, August 2026: AED 150,000 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 Bellevue Tower 1, and where 1603 sits

All 104 2-beds →

1603 last sold in August 2018 at AED 1,925 per sqft, 4% above what two-beds in Bellevue Tower 1 were fetching at the time (AED 1,844). 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. 1603's AED 150,000 is in the upper half of that range.

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
16022-bedAED 2.5M · Dec 2019
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

1603, Bellevue Tower 1 in numbers

  • Sold once: by Central Dubai Projects on 13 August 2018 for AED 2,496,000, or AED 1,925 per sqft.
  • Rented since February 2023 on 3 Ejari contracts, from AED 155,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2018 price is 6.0%, before a service charge of about AED 30,800 a year (AED 23.74 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 10 August 2026.

Questions about 1603, Bellevue Tower 1

What did unit 1603 last sell for?

AED 2,496,000 on 13 August 2018, sold by the developer: AED 1,925 per sqft for 1,296 sqft. It is the only registered sale of the unit.

What is the rent for unit 1603?

AED 150,000 a year on the contract signed on 10 August 2026. The previous contract, from October 2025, was AED 200,000; the unit has been rented since February 2023.

How big is unit 1603?

1,296 sqft (120.4 sqm): a two-bedroom apartment on the 16th floor of a 23-storey tower completed in 2020.

What is unit 1603 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 1603, Bellevue Tower 1

Starts from the last sale price (AED 2.5M, 13 August 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,496,000
Deposit, UAE resident (20%)
AED 499,200
Deposit, non-resident (40%)
AED 998,400
Monthly over 25 years at 3.7%
AED 10,212

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