2-bed · 1,289 sqftBellevue Tower 1, Downtown Dubai · 7th floor · completed 2020

705, Bellevue Tower 1

Sold prices and rental history: sold once, by the developer in December 2019, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 28 January 2023
Last soldAED 2.27M4 December 2019
Current rentAED 116K /yr28 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 705, Bellevue Tower 1

What is 705 worth today?

Last sold for AED 2,271,000 in 2019

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28 Jan 2023RentedNew contract
AED 115,500/yr12 months · AED 89 per sqft
28 Jan 2022RentedNew contract
AED 110,000/yr12 months · AED 85 per sqft
4 Dec 2019Sold by developerOff-plan
AED 2,271,000AED 1,762 per sqft

Source: Dubai Land Department. Updated 28 January 2023.

Key facts

Type
2-bed apartment
Size
1,289 sqft
Floor
7th of 23
Parking
B-19
Developer
Central Dubai Projects
Completed
2020
Service charge
AED 30,600 /yr
Last sold
AED 2.27M · December 2019

About 705, Bellevue Tower 1

705 is a two-bedroom apartment of 1,289 sqft on the 7th floor of Bellevue Tower 1, a 23-storey tower in Downtown Dubai completed in 2020 by Central Dubai Projects. The developer sold it on 4 December 2019 for AED 2,271,000, or AED 1,762 per sqft, in line with the AED 1,776 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 28 January 2023, is AED 115,500 a year: a gross yield of 5.1% on the 2019 price, before the service charge of about AED 30,600 a year.

Sales and rents for 705 over time

Sales
Unit 705, 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, December 2019: AED 2,271,000 (AED 1,762 per sqft)

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

Rents
Unit 705, each contractTypical two-bed in Bellevue Tower 1
100K150K2021202320252027Typical 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, January 2022: AED 110,000 a yearNew contract, January 2023: AED 115,500 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 705 sits

All 104 2-beds →

705 last sold in December 2019 at AED 1,762 per sqft, in line with what two-beds in Bellevue Tower 1 were fetching at the time (AED 1,776). 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. 705's AED 115,500 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
7022-bedAED 2.38M · Jun 2024
7032-bedAED 2.54M · Nov 2023
7042-bedAED 2.26M · Nov 2019
7071-bedAED 1.45M · Mar 2023
7081-bedAED 1.43M · Oct 2018
7091-bedAED 1.65M · Feb 2024
1–7 of 9

705, Bellevue Tower 1 in numbers

  • Sold once: by Central Dubai Projects on 4 December 2019 for AED 2,271,000, or AED 1,762 per sqft.
  • Rented since January 2022 on 2 Ejari contracts, from AED 110,000 to AED 115,500 a year.
  • At AED 115,500 a year the gross yield on the 2019 price is 5.1%, before a service charge of about AED 30,600 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 28 January 2023.

Questions about 705, Bellevue Tower 1

What did unit 705 last sell for?

AED 2,271,000 on 4 December 2019, sold by the developer: AED 1,762 per sqft for 1,289 sqft. It is the only registered sale of the unit.

What is the rent for unit 705?

AED 115,500 a year on the contract signed on 28 January 2023. The previous contract, from January 2022, was AED 110,000.

How big is unit 705?

1,289 sqft (119.8 sqm): a two-bedroom apartment on the 7th floor of a 23-storey tower completed in 2020.

What is unit 705 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 705, Bellevue Tower 1

Starts from the last sale price (AED 2.27M, 4 December 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,271,000
Deposit, UAE resident (20%)
AED 454,200
Deposit, non-resident (40%)
AED 908,400
Monthly over 25 years at 3.7%
AED 9,291

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