1-bed · 877 sqftBellevue Tower 1, Downtown Dubai · 16th floor · completed 2020

1607, Bellevue Tower 1

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

Unit 1607 · DLD and Ejari recordsUpdated 9 January 2024
Last soldAED 1.67M9 January 2024
Current rentAED 120K /yr23 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1607, Bellevue Tower 1

What is 1607 worth today?

Last sold for AED 1,670,000 in 2024

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9 Jan 2024SoldReady
AED 1,670,000AED 1,905 per sqft
23 Jan 2022RentedNew contract
AED 120,000/yr12 months · AED 138 per sqft
1 Aug 2018Sold by developerOff-plan
AED 1,487,000AED 1,696 per sqft

Source: Dubai Land Department. Updated 9 January 2024.

Key facts

Type
1-bed apartment
Size
877 sqft
Floor
16th of 23
Parking
P1-53
Developer
Central Dubai Projects
Completed
2020
Service charge
AED 20,800 /yr
Last sold
AED 1.67M · January 2024

About 1607, Bellevue Tower 1

1607 is a one-bedroom apartment of 877 sqft on the 16th floor of Bellevue Tower 1, a 23-storey tower in Downtown Dubai completed in 2020 by Central Dubai Projects. It last sold on 9 January 2024 for AED 1,670,000, or AED 1,905 per sqft, 6% above the AED 1,801 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 23 January 2022. The current contract, signed on 23 January 2022, is AED 120,000 a year: a gross yield of 7.2% on the 2024 price, before the service charge of about AED 20,800 a year.

Sales and rents for 1607 over time

Sales
Unit 1607, each saleTypical one-bed in Bellevue Tower 1
1.25M1.5M1.75M2018202120242027Typical sale price by year: 2018 AED 1,414,000; 2019 AED 1,392,500; 2020 AED 1,433,000; 2021 AED 1,441,000; 2022 AED 1,200,000; 2023 AED 1,375,000; 2024 AED 1,610,000; 2025 AED 1,700,000; 2026 AED 1,500,000Sold by developer, August 2018: AED 1,487,000 (AED 1,696 per sqft)Sold, January 2024: AED 1,670,000 (AED 1,905 per sqft)

1607 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1607, each contractTypical one-bed in Bellevue Tower 1
80K100K120K202220242026Typical rent by year: 2022 AED 81,000; 2023 AED 90,000; 2024 AED 100,000; 2025 AED 100,000; 2026 AED 100,000New contract, January 2022: AED 120,000 a year

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

1-beds in Bellevue Tower 1, and where 1607 sits

All 87 1-beds →

1607 last sold in January 2024 at AED 1,905 per sqft, 6% above what one-beds in Bellevue Tower 1 were fetching at the time (AED 1,801). Over the last 12 months one-beds sold for AED 1,500,000 to 2,400,000, around AED 1,711 per sqft, and rent for AED 75,000 to 198,000 a year. 1607's AED 120,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
21 Oct 20261,500,000
19 Oct 20261,500,000
31 Aug 20261,500,000
16 Jul 202617,700
9 1-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
16032-bedAED 2.5M · Aug 2018
16042-bedAED 2.48M · Apr 2020
16052-bedAED 2.49M · Jun 2018
16081-bedAED 1.2M · Aug 2022
16091-bedAED 1.5M · Jan 2020
1–7 of 9

1607, Bellevue Tower 1 in numbers

  • Sold twice: first on 1 August 2018 for AED 1,487,000, last on 9 January 2024 for AED 1,670,000 (AED 1,905 per sqft).
  • Rented since January 2022 on one Ejari contract, at AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2024 price is 7.2%, before a service charge of about AED 20,800 a year (AED 23.74 per sqft).
  • One-beds in Bellevue Tower 1 sold for AED 1,500,000–2,400,000 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 9 January 2024.

Questions about 1607, Bellevue Tower 1

What did unit 1607 last sell for?

AED 1,670,000 on 9 January 2024: AED 1,905 per sqft for 877 sqft. The unit has 2 registered sales; the first was AED 1,487,000 in August 2018.

What is the rent for unit 1607?

AED 120,000 a year on the contract signed on 23 January 2022.

How big is unit 1607?

877 sqft (81.5 sqm): a one-bedroom apartment on the 16th floor of a 23-storey tower completed in 2020.

What is unit 1607 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Bellevue Tower 1 sold for AED 1,500,000 to 2,400,000 in the last 12 months, around AED 1,711 per sqft.

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Mortgage on 1607, Bellevue Tower 1

Starts from the last sale price (AED 1.67M, 9 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,670,000
Deposit, UAE resident (20%)
AED 334,000
Deposit, non-resident (40%)
AED 668,000
Monthly over 25 years at 3.7%
AED 6,832

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