2-bed · 1,292 sqftBellevue Tower 1, Downtown Dubai · 7th floor · completed 2020

702, Bellevue Tower 1

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

Unit 702 · DLD and Ejari recordsUpdated 11 June 2024
Last soldAED 2.38M11 June 2024
Current rentAED 125K /yr4 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Bellevue Tower 1

What is 702 worth today?

Last sold for AED 2,375,000 in 2024

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11 Jun 2024SoldReady
AED 2,375,000AED 1,837 per sqft
4 Oct 2022RentedNew contract
AED 125,000/yr12 months · AED 97 per sqft
12 Feb 2022RentedNew contract
AED 115,000/yr12 months · AED 89 per sqft
27 Nov 2019Sold by developerOff-plan
AED 2,276,000AED 1,761 per sqft

Source: Dubai Land Department. Updated 11 June 2024.

Key facts

Type
2-bed apartment
Size
1,292 sqft
Floor
7th of 23
Parking
B-16
Developer
Central Dubai Projects
Completed
2020
Service charge
AED 30,700 /yr
Last sold
AED 2.38M · June 2024

About 702, Bellevue Tower 1

702 is a two-bedroom apartment of 1,292 sqft on the 7th floor of Bellevue Tower 1, a 23-storey tower in Downtown Dubai completed in 2020 by Central Dubai Projects. It last sold on 11 June 2024 for AED 2,375,000, or AED 1,837 per sqft, 7% below the AED 1,973 two-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 4 October 2022, is AED 125,000 a year: a gross yield of 5.3% on the 2024 price, before the service charge of about AED 30,700 a year.

Sales and rents for 702 over time

Sales
Unit 702, 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, November 2019: AED 2,276,000 (AED 1,761 per sqft)Sold, June 2024: AED 2,375,000 (AED 1,837 per sqft)

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

Rents
Unit 702, each contractTypical two-bed in Bellevue Tower 1
150K2021202320252027Typical 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 2022: AED 115,000 a yearNew contract, October 2022: AED 125,000 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 702 sits

All 104 2-beds →

702 last sold in June 2024 at AED 1,837 per sqft, 7% below what two-beds in Bellevue Tower 1 were fetching at the time (AED 1,973). 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. 702's AED 125,000 is in the lower 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 7th floor

All 218 units in Bellevue Tower 1
Value
7013-bedAED 3.75M · Apr 2025
7032-bedAED 2.54M · Nov 2023
7042-bedAED 2.26M · Nov 2019
7052-bedAED 2.27M · Dec 2019
7071-bedAED 1.45M · Mar 2023
7081-bedAED 1.43M · Oct 2018
7091-bedAED 1.65M · Feb 2024
1–7 of 9

702, Bellevue Tower 1 in numbers

  • Sold twice: first on 27 November 2019 for AED 2,276,000, last on 11 June 2024 for AED 2,375,000 (AED 1,837 per sqft).
  • Rented since February 2022 on 2 Ejari contracts, from AED 115,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2024 price is 5.3%, 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 June 2024.

Questions about 702, Bellevue Tower 1

What did unit 702 last sell for?

AED 2,375,000 on 11 June 2024: AED 1,837 per sqft for 1,292 sqft. The unit has 2 registered sales; the first was AED 2,276,000 in November 2019.

What is the rent for unit 702?

AED 125,000 a year on the contract signed on 4 October 2022. The previous contract, from February 2022, was AED 115,000.

How big is unit 702?

1,292 sqft (120.0 sqm): a two-bedroom apartment on the 7th floor of a 23-storey tower completed in 2020.

What is unit 702 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 702, Bellevue Tower 1

Starts from the last sale price (AED 2.38M, 11 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,375,000
Deposit, UAE resident (20%)
AED 475,000
Deposit, non-resident (40%)
AED 950,000
Monthly over 25 years at 3.7%
AED 9,717

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