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1-bed · 802 sqftBellevue Tower 2, Downtown Dubai · 7th floor · completed 2020

703, Bellevue Tower 2

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

Unit 703 · DLD and Ejari recordsUpdated 26 September 2023
Last soldAED 1.5M26 September 2023
Current rentAED 78K /yr5 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 703, Bellevue Tower 2

What is 703 worth today?

Last sold for AED 1,500,000 in 2023

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26 Sep 2023SoldReady
AED 1,500,000AED 1,869 per sqft
5 Mar 2022RentedNew contract
AED 78,000/yr12 months · AED 97 per sqft
8 Nov 2018Sold by developerOff-plan
AED 1,431,000AED 1,783 per sqft

Source: Dubai Land Department. Updated 26 September 2023.

Key facts

Type
1-bed apartment
Size
802 sqft
Floor
7th of 22
Parking
P2-98
Developer
Central Dubai Projects
Completed
2020
Service charge
AED 19,000 /yr
Last sold
AED 1.5M · September 2023
Building
Bellevue Tower 2

About 703, Bellevue Tower 2

703 is a one-bedroom apartment of 802 sqft on the 7th floor of Bellevue Tower 2, a 22-storey tower in Downtown Dubai completed in 2020 by Central Dubai Projects. It last sold on 26 September 2023 for AED 1,500,000, or AED 1,869 per sqft, in line with the AED 1,879 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 5 March 2022. The current contract, signed on 5 March 2022, is AED 78,000 a year: a gross yield of 5.2% on the 2023 price, before the service charge of about AED 19,000 a year.

Sales and rents for 703 over time

Sales
Unit 703, 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, November 2018: AED 1,431,000 (AED 1,783 per sqft)Sold, September 2023: AED 1,500,000 (AED 1,869 per sqft)

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

Rents
Unit 703, 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, March 2022: AED 78,000 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 703 sits

All 136 1-beds →

703 last sold in September 2023 at AED 1,869 per sqft, in line with what one-beds in Bellevue Tower 2 were fetching at the time (AED 1,879). 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. 703's AED 78,000 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 7th floor

All 141 units in Bellevue Tower 2
Value
7011-bedAED 1.39M · Oct 2018
7041-bedAED 1.42M · Apr 2022
7051-bedAED 1.73M · Jul 2024
7061-bedAED 1.39M · Feb 2020
702A1-bedAED 1.01M · Jun 2023
702B1-bedAED 1.29M · Sep 2018

703, Bellevue Tower 2 in numbers

  • Sold twice: first on 8 November 2018 for AED 1,431,000, last on 26 September 2023 for AED 1,500,000 (AED 1,869 per sqft).
  • Rented since March 2022 on one Ejari contract, at AED 78,000 a year.
  • At AED 78,000 a year the gross yield on the 2023 price is 5.2%, before a service charge of about AED 19,000 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 26 September 2023.

Questions about 703, Bellevue Tower 2

What did unit 703 last sell for?

AED 1,500,000 on 26 September 2023: AED 1,869 per sqft for 802 sqft. The unit has 2 registered sales; the first was AED 1,431,000 in November 2018.

What is the rent for unit 703?

AED 78,000 a year on the contract signed on 5 March 2022.

How big is unit 703?

802 sqft (74.5 sqm): a one-bedroom apartment on the 7th floor of a 22-storey tower completed in 2020.

What is unit 703 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 703, Bellevue Tower 2

Starts from the last sale price (AED 1.5M, 26 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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