Studio · 402 sqftDunya Tower, Downtown Dubai · 14th floor · completed 2020

1402, Dunya Tower

Sold prices and rental history: sold once, by the developer in January 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1402 · DLD and Ejari recordsUpdated 1 August 2023
Last soldAED 825K23 January 2023
Current rentAED 40K /yr1 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1402, Dunya Tower

What is 1402 worth today?

Last sold for AED 825,000 in 2023

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1 Aug 2023RentedNew contract
AED 40,000/yr12 months · AED 100 per sqft
23 Jan 2023Sold by developerReady
AED 825,000AED 2,054 per sqft
1 Aug 2022RentedRenewal
AED 40,000/yr12 months · AED 100 per sqft
1 Aug 2021RentedNew contract
AED 40,000/yr12 months · AED 98 per sqft

Source: Dubai Land Department. Updated 1 August 2023.

Key facts

Type
Studio apartment
Size
402 sqft
Floor
14th of 17
Parking
P3-16
Developer
Dunya Investment
Completed
2020
Last sold
AED 825K · January 2023
Building
Dunya Tower

About 1402, Dunya Tower

1402 is a studio of 402 sqft on the 14th floor of Dunya Tower, a 17-storey tower in Downtown Dubai completed in 2020 by Dunya Investment. The developer sold it on 23 January 2023 for AED 825,000, or AED 2,054 per sqft.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 1 August 2023, is AED 40,000 a year: a gross yield of 4.9% on the 2023 price.

Sales and rents for 1402 over time

Rents
Unit 1402, each contractTypical studio in Dunya Tower
40K60K80K2021202320252027Typical rent by year: 2021 AED 38,000; 2022 AED 39,000; 2023 AED 52,800; 2024 AED 80,000; 2025 AED 80,216; 2026 AED 75,000New contract, August 2021: AED 40,000 a yearRenewal, August 2022: AED 40,000 a yearNew contract, August 2023: AED 40,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Dunya Tower, and where 1402 sits

All 17 studios →

Over the last 12 months studios sold for AED 1,090,000, around AED 2,714 per sqft, and rent for AED 70,000 to 99,732 a year. 1402's AED 40,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
10 Sep 20261,090,000
7 Oct 20241,200,000
17 Nov 2023950,000
11 Oct 2023737,000
1 studio sale in the last 12 months

Dunya Tower

Building

169 apartments, studios to 3-bed over 17 floors in Downtown Dubai, completed in 2020 by Dunya Investment. 12 sold in the last 12 months.

Typical price per sqft
AED 1,974 Up 0.5%
Typical sale
AED 1.72M
Typical rent
AED 90K /yr
Typical yield
5.9%
Dunya Tower, Downtown Dubai: prices, sales and rents →

Other units on the 14th floor

All 169 units in Dunya Tower
Value
14011-bedAED 1.37M · Jan 2024
14031-bedAED 1.85M · Jul 2024
14043-bedAED 2.68M · Sep 2024
14051-bedAED 1.38M · Aug 2023
14061-bedAED 1.38M · Nov 2023
14072-bedAED 2.45M · Jan 2024
14081-bedAED 1.37M · Jun 2023
1–7 of 9

1402, Dunya Tower in numbers

  • Sold once: by Dunya Investment on 23 January 2023 for AED 825,000, or AED 2,054 per sqft.
  • Rented since August 2021 on 3 Ejari contracts, at AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2023 price is 4.9%.
  • Studios in Dunya Tower sold for AED 1,090,000–1,090,000 in the 12 months to November 2026; the building's median across all types is AED 1,974 per sqft.

Source: Dubai Land Department. Updated 1 August 2023.

Questions about 1402, Dunya Tower

What did unit 1402 last sell for?

AED 825,000 on 23 January 2023, sold by the developer: AED 2,054 per sqft for 402 sqft. It is the only registered sale of the unit.

What is the rent for unit 1402?

AED 40,000 a year on the contract signed on 1 August 2023. The previous contract, from August 2022, was AED 40,000; the unit has been rented since August 2021.

How big is unit 1402?

402 sqft (37.3 sqm): a studio on the 14th floor of a 17-storey tower completed in 2020.

What is unit 1402 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Dunya Tower sold for AED 1,090,000 to 1,090,000 in the last 12 months, around AED 2,714 per sqft.

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Mortgage on 1402, Dunya Tower

Starts from the last sale price (AED 825K, 23 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 825,000
Deposit, UAE resident (20%)
AED 165,000
Deposit, non-resident (40%)
AED 330,000
Monthly over 25 years at 3.7%
AED 3,375

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