2-bed · 1,283 sqftBellevue Tower 1, Downtown Dubai · 5th floor · completed 2020

504, Bellevue Tower 1

Sold prices and rental history: sold once, by the developer in June 2019, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 23 May 2024
Last soldAED 2.25M25 June 2019
Current rentAED 160K /yr23 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Bellevue Tower 1

What is 504 worth today?

Last sold for AED 2,252,000 in 2019

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

23 May 2024RentedNew contract
AED 160,000/yr26 months · AED 125 per sqft
13 Apr 2023RentedRenewal
AED 140,000/yr12 months · AED 109 per sqft
25 Jun 2019Sold by developerOff-plan
AED 2,252,000AED 1,754 per sqft

Source: Dubai Land Department. Updated 23 May 2024.

Key facts

Type
2-bed apartment
Size
1,283 sqft
Floor
5th of 23
Parking
B-36
Developer
Central Dubai Projects
Completed
2020
Service charge
AED 30,500 /yr
Last sold
AED 2.25M · June 2019

About 504, Bellevue Tower 1

504 is a two-bedroom apartment of 1,283 sqft on the 5th floor of Bellevue Tower 1, a 23-storey tower in Downtown Dubai completed in 2020 by Central Dubai Projects. The developer sold it on 25 June 2019 for AED 2,252,000, or AED 1,754 per sqft, 3% below the AED 1,815 two-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 23 May 2024, is AED 160,000 a year: a gross yield of 7.1% on the 2019 price, before the service charge of about AED 30,500 a year.

Sales and rents for 504 over time

Sales
Unit 504, 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, June 2019: AED 2,252,000 (AED 1,754 per sqft)

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

Rents
Unit 504, 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 150,000Renewal, April 2023: AED 140,000 a yearNew contract, May 2024: AED 160,000 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 504 sits

All 104 2-beds →

504 last sold in June 2019 at AED 1,754 per sqft, 3% below what two-beds in Bellevue Tower 1 were fetching at the time (AED 1,815). 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. 504's AED 160,000 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 5th floor

All 218 units in Bellevue Tower 1
Value
5013-bedAED 3.23M · Apr 2023
5022-bedAED 2.27M · Dec 2020
5032-bedAED 2.27M · Apr 2020
5052-bedAED 2.88M · Nov 2025
5071-bedAED 1.38M · Dec 2018
5081-bedAED 1.38M · Jan 2020
5091-bedAED 1.39M · Dec 2018
1–7 of 9

504, Bellevue Tower 1 in numbers

  • Sold once: by Central Dubai Projects on 25 June 2019 for AED 2,252,000, or AED 1,754 per sqft.
  • Rented since April 2023 on 2 Ejari contracts, from AED 140,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2019 price is 7.1%, before a service charge of about AED 30,500 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 23 May 2024.

Questions about 504, Bellevue Tower 1

What did unit 504 last sell for?

AED 2,252,000 on 25 June 2019, sold by the developer: AED 1,754 per sqft for 1,283 sqft. It is the only registered sale of the unit.

What is the rent for unit 504?

AED 160,000 a year on the contract signed on 23 May 2024. The previous contract, from April 2023, was AED 140,000.

How big is unit 504?

1,283 sqft (119.2 sqm): a two-bedroom apartment on the 5th floor of a 23-storey tower completed in 2020.

What is unit 504 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.

Selling 504? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 504, Bellevue Tower 1

Starts from the last sale price (AED 2.25M, 25 June 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,252,000
Deposit, UAE resident (20%)
AED 450,400
Deposit, non-resident (40%)
AED 900,800
Monthly over 25 years at 3.7%
AED 9,214

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