1-bed · 568 sqftBellevue Tower 2, Downtown Dubai · 4th floor · completed 2020

401, Bellevue Tower 2

Sold prices and rental history: sold once, by the developer in September 2018, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 18 December 2024
Last soldAED 1.32M11 September 2018
Current rentAED 92K /yr18 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Bellevue Tower 2

What is 401 worth today?

Last sold for AED 1,323,840 in 2018

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18 Dec 2024RentedRenewal
AED 92,000/yr12 months · AED 108 per sqft
18 Dec 2022RentedRenewal
AED 88,000/yr12 months · AED 103 per sqft
18 Dec 2021RentedNew contract
AED 81,000/yr12 months · AED 95 per sqft
11 Sep 2018Sold by developerOff-plan
AED 1,323,840AED 1,554 per sqft

Source: Dubai Land Department. Updated 18 December 2024.

Key facts

Type
1-bed apartment
Size
568 sqft
Floor
4th of 22
Parking
P2-117
Developer
Central Dubai Projects
Completed
2020
Service charge
AED 13,500 /yr
Last sold
AED 1.32M · September 2018

About 401, Bellevue Tower 2

401 is a one-bedroom apartment of 568 sqft on the 4th floor of Bellevue Tower 2, a 22-storey tower in Downtown Dubai completed in 2020 by Central Dubai Projects. The developer sold it on 11 September 2018 for AED 1,323,840, or AED 1,554 per sqft, 11% below the AED 1,755 one-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 18 December 2024, is AED 92,000 a year: a gross yield of 7.0% on the 2018 price, before the service charge of about AED 13,500 a year.

Sales and rents for 401 over time

Sales
Unit 401, each saleTypical one-bed in Bellevue Tower 2
1.5M2M2018202120242027Typical sale price by year: 2018 AED 1,435,000; 2019 AED 1,404,500; 2020 AED 1,427,000; 2021 AED 1,408,000; 2022 AED 1,376,000; 2023 AED 1,500,000; 2024 AED 1,635,000; 2025 AED 2,000,000; 2026 AED 1,545,000Sold by developer, September 2018: AED 1,323,840 (AED 1,554 per sqft)

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

Rents
Unit 401, each contractTypical one-bed in Bellevue Tower 2
80K100K2021202320252027Typical rent by year: 2021 AED 90,000; 2022 AED 90,000; 2023 AED 95,000; 2024 AED 105,000; 2025 AED 110,000; 2026 AED 105,000New contract, December 2021: AED 81,000 a yearRenewal, December 2022: AED 88,000 a yearRenewal, December 2024: AED 92,000 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 2, and where 401 sits

All 136 1-beds →

401 last sold in September 2018 at AED 1,554 per sqft, 11% below what one-beds in Bellevue Tower 2 were fetching at the time (AED 1,755). Over the last 12 months one-beds sold for AED 1,403,000 to 2,200,000, around AED 2,412 per sqft, and rent for AED 61,000 to 165,000 a year. 401's AED 92,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Nov 20261,815,000
24 Jul 20261,560,000
4 Jun 20261,700,000
21 Apr 20261,650,000
10 1-bed sales in the last 12 months

Bellevue Tower 2

Building

141 apartments, 1-bed to 3-bed over 22 floors in Downtown Dubai, completed in 2020 by Central Dubai Projects. 10 sold in the last 12 months.

Typical price per sqft
AED 2,412 Up 0.8%
Typical sale
AED 1.61M
Typical rent
AED 110K /yr
Typical yield
5.7%
Bellevue Tower 2, Downtown Dubai: prices, sales and rents →

Other units on the 4th floor

All 141 units in Bellevue Tower 2
Value
4031-bedAED 1.42M · Mar 2018
4041-bedAED 1.41M · Sep 2018
4051-bedAED 1.42M · May 2018
4061-bedAED 1.35M · Nov 2019
402A1-bedAED 1.43M · Jan 2026
402B1-bedAED 1.33M · Mar 2023

401, Bellevue Tower 2 in numbers

  • Sold once: by Central Dubai Projects on 11 September 2018 for AED 1,323,840, or AED 1,554 per sqft.
  • Rented since December 2021 on 3 Ejari contracts, from AED 81,000 to AED 92,000 a year.
  • At AED 92,000 a year the gross yield on the 2018 price is 7.0%, before a service charge of about AED 13,500 a year (AED 23.74 per sqft).
  • One-beds in Bellevue Tower 2 sold for AED 1,403,000–2,200,000 in the 12 months to November 2026; the building's median across all types is AED 2,412 per sqft.

Source: Dubai Land Department. Updated 18 December 2024.

Questions about 401, Bellevue Tower 2

What did unit 401 last sell for?

AED 1,323,840 on 11 September 2018, sold by the developer: AED 1,554 per sqft for 568 sqft. It is the only registered sale of the unit.

What is the rent for unit 401?

AED 92,000 a year on the contract renewed on 18 December 2024. The previous contract, from December 2022, was AED 88,000; the unit has been rented since December 2021.

How big is unit 401?

568 sqft (52.8 sqm): a one-bedroom apartment on the 4th floor of a 22-storey tower completed in 2020.

What is unit 401 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 2 sold for AED 1,403,000 to 2,200,000 in the last 12 months, around AED 2,412 per sqft.

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Mortgage on 401, Bellevue Tower 2

Starts from the last sale price (AED 1.32M, 11 September 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,323,840
Deposit, UAE resident (20%)
AED 264,768
Deposit, non-resident (40%)
AED 529,536
Monthly over 25 years at 3.7%
AED 5,416

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