3-bed · 1,634 sqftDunya Tower, Downtown Dubai · 7th floor · completed 2020

704, Dunya Tower

Sold prices and rental history: sold once, by the developer in May 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 8 May 2024
Last soldAED 2.76M8 May 2024
Current rentAED 122K /yr31 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Dunya Tower

What is 704 worth today?

Last sold for AED 2,755,000 in 2024

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8 May 2024Sold by developerReady
AED 2,755,000AED 1,685 per sqft
31 Dec 2022RentedRenewal
AED 121,500/yr12 months · AED 74 per sqft
31 Dec 2021RentedNew contract
AED 121,500/yr12 months · AED 73 per sqft
1 Jun 2021RentedNew contract
AED 112,154/yr13 months · AED 68 per sqft

Source: Dubai Land Department. Updated 8 May 2024.

Key facts

Type
3-bed apartment
Size
1,634 sqft
Floor
7th of 17
Parking
P2-06
Developer
Dunya Investment
Completed
2020
Last sold
AED 2.76M · May 2024
Building
Dunya Tower

About 704, Dunya Tower

704 is a three-bedroom apartment of 1,634 sqft on the 7th floor of Dunya Tower, a 17-storey tower in Downtown Dubai completed in 2020 by Dunya Investment. The developer sold it on 8 May 2024 for AED 2,755,000, or AED 1,685 per sqft, in line with the AED 1,646 three-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 31 December 2022, is AED 121,500 a year: a gross yield of 4.4% on the 2024 price.

Sales and rents for 704 over time

Sales
Unit 704, each saleTypical three-bed in Dunya Tower
2.7M2.75M202320242025Typical sale price by year: 2023 AED 2,695,000; 2024 AED 2,680,000Sold by developer, May 2024: AED 2,755,000 (AED 1,685 per sqft)

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

Rents
Unit 704, each contractTypical three-bed in Dunya Tower
100K200K2021202320252027Typical rent by year: 2021 AED 121,500; 2022 AED 126,250; 2024 AED 210,000; 2025 AED 240,000; 2026 AED 170,000New contract, June 2021: AED 112,154 a yearNew contract, December 2021: AED 121,500 a yearRenewal, December 2022: AED 121,500 a year

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

3-beds in Dunya Tower, and where 704 sits

All 17 3-beds →

704 last sold in May 2024 at AED 1,685 per sqft, in line with what three-beds in Dunya Tower were fetching at the time (AED 1,646). Over the last 12 months three-beds sold for AED 3,300,000, around AED 2,019 per sqft, and rent for AED 170,000 to 300,000 a year. 704's AED 121,500 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
12 Nov 20253,300,000
31 Jul 20253,000,000
4 Dec 20242,650,000
4 Dec 20242,850,000
1 3-bed 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 7th floor

All 169 units in Dunya Tower
Value
7011-bedAED 1.73M · Jun 2025
702StudioAED 1.09M · Sep 2026
7031-bedAED 1.46M · Aug 2023
7051-bedAED 1.36M · Jun 2023
7061-bedAED 1.38M · Jul 2023
7072-bedAED 2.25M · Dec 2024
7081-bedAED 1.38M · Jun 2023
1–7 of 9

704, Dunya Tower in numbers

  • Sold once: by Dunya Investment on 8 May 2024 for AED 2,755,000, or AED 1,685 per sqft.
  • Rented since June 2021 on 3 Ejari contracts, from AED 112,154 to AED 121,500 a year.
  • At AED 121,500 a year the gross yield on the 2024 price is 4.4%.
  • Three-beds in Dunya Tower sold for AED 3,300,000–3,300,000 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 8 May 2024.

Questions about 704, Dunya Tower

What did unit 704 last sell for?

AED 2,755,000 on 8 May 2024, sold by the developer: AED 1,685 per sqft for 1,634 sqft. It is the only registered sale of the unit.

What is the rent for unit 704?

AED 121,500 a year on the contract renewed on 31 December 2022. The previous contract, from December 2021, was AED 121,500; the unit has been rented since June 2021.

How big is unit 704?

1,634 sqft (151.8 sqm): a three-bedroom apartment on the 7th floor of a 17-storey tower completed in 2020.

What is unit 704 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Dunya Tower sold for AED 3,300,000 to 3,300,000 in the last 12 months, around AED 2,019 per sqft.

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Mortgage on 704, Dunya Tower

Starts from the last sale price (AED 2.76M, 8 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,755,000
Deposit, UAE resident (20%)
AED 551,000
Deposit, non-resident (40%)
AED 1,102,000
Monthly over 25 years at 3.7%
AED 11,272

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