2-bed · 1,292 sqftBellevue Tower 1, Downtown Dubai · 19th floor · completed 2020

1902, Bellevue Tower 1

Sold prices and rental history: sold twice, last in November 2022, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1902 · DLD and Ejari recordsUpdated 11 March 2024
Last soldAED 2.6M18 November 2022
Current rentAED 165K /yr11 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1902, Bellevue Tower 1

What is 1902 worth today?

Last sold for AED 2,600,000 in 2022

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11 Mar 2024RentedRenewal
AED 165,000/yr12 months · AED 128 per sqft
11 Mar 2023RentedNew contract
AED 165,000/yr12 months · AED 128 per sqft
18 Nov 2022SoldReady
AED 2,600,000AED 2,012 per sqft
12 Jan 2020Sold by developerOff-plan
AED 2,407,000AED 1,862 per sqft

Source: Dubai Land Department. Updated 11 March 2024.

Key facts

Type
2-bed apartment
Size
1,292 sqft
Floor
19th of 23
Parking
G-53
Developer
Central Dubai Projects
Completed
2020
Service charge
AED 30,700 /yr
Last sold
AED 2.6M · November 2022

About 1902, Bellevue Tower 1

1902 is a two-bedroom apartment of 1,292 sqft on the 19th floor of Bellevue Tower 1, a 23-storey tower in Downtown Dubai completed in 2020 by Central Dubai Projects. It last sold on 18 November 2022 for AED 2,600,000, or AED 2,012 per sqft, 14% above the AED 1,766 two-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 11 March 2024, is AED 165,000 a year: a gross yield of 6.3% on the 2022 price, before the service charge of about AED 30,700 a year.

Sales and rents for 1902 over time

Sales
Unit 1902, 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, January 2020: AED 2,407,000 (AED 1,862 per sqft)Sold, November 2022: AED 2,600,000 (AED 2,012 per sqft)

1902 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1902, 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 150,000New contract, March 2023: AED 165,000 a yearRenewal, March 2024: AED 165,000 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 1902 sits

All 104 2-beds →

1902 last sold in November 2022 at AED 2,012 per sqft, 14% above what two-beds in Bellevue Tower 1 were fetching at the time (AED 1,766). 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. 1902's AED 165,000 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 19th floor

All 218 units in Bellevue Tower 1
Value
19013-bedAED 3.6M · May 2023
19032-bedAED 2.55M · Aug 2022
19042-bedAED 2.39M · Nov 2018
19052-bedAED 2.68M · Nov 2023
19071-bedAED 1.26M · Apr 2023
19081-bedAED 1.47M · Mar 2019
19091-bedAED 1.48M · Apr 2019
1–7 of 9

1902, Bellevue Tower 1 in numbers

  • Sold twice: first on 12 January 2020 for AED 2,407,000, last on 18 November 2022 for AED 2,600,000 (AED 2,012 per sqft).
  • Rented since March 2023 on 2 Ejari contracts, at AED 165,000 a year.
  • At AED 165,000 a year the gross yield on the 2022 price is 6.3%, before a service charge of about AED 30,700 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 11 March 2024.

Questions about 1902, Bellevue Tower 1

What did unit 1902 last sell for?

AED 2,600,000 on 18 November 2022: AED 2,012 per sqft for 1,292 sqft. The unit has 2 registered sales; the first was AED 2,407,000 in January 2020.

What is the rent for unit 1902?

AED 165,000 a year on the contract renewed on 11 March 2024. The previous contract, from March 2023, was AED 165,000.

How big is unit 1902?

1,292 sqft (120.0 sqm): a two-bedroom apartment on the 19th floor of a 23-storey tower completed in 2020.

What is unit 1902 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 1902, Bellevue Tower 1

Starts from the last sale price (AED 2.6M, 18 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,600,000
Deposit, UAE resident (20%)
AED 520,000
Deposit, non-resident (40%)
AED 1,040,000
Monthly over 25 years at 3.7%
AED 10,637

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