4-bed · 5,333 sqftIL Primo, Downtown Dubai · 15th floor · completed 2022

1502, IL Primo

Sold prices and rental history: sold twice, last in February 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1502 · DLD and Ejari recordsUpdated 7 February 2023
Last soldAED 19M7 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1502, IL Primo

What is 1502 worth today?

Last sold for AED 19,000,000 in 2023

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7 Feb 2023SoldOff-plan
AED 19,000,000AED 3,562 per sqft
2 Nov 2020Sold by developerOff-plan
AED 18,892,581AED 3,542 per sqft

Source: Dubai Land Department. Updated 7 February 2023.

Key facts

Type
4-bed apartment
Size
5,333 sqft
Floor
15th of 75
Parking
3
Developer
Emaar
Completed
2022
Last sold
AED 19M · February 2023
Building
IL Primo

About 1502, IL Primo

1502 is a four-bedroom apartment of 5,333 sqft on the 15th floor of IL Primo, a 75-storey tower in Downtown Dubai completed in 2022 by Emaar. It last sold on 7 February 2023 for AED 19,000,000, or AED 3,562 per sqft, 9% below the AED 3,933 four-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1502 over time

Sales
Unit 1502, each saleTypical four-bed in IL Primo
20M25M30M2016201920222025Typical sale price by year: 2016 AED 17,957,888; 2017 AED 18,685,388; 2018 AED 18,787,888; 2019 AED 18,152,888; 2020 AED 19,866,894; 2021 AED 19,574,449; 2022 AED 20,924,106; 2023 AED 23,625,000; 2024 AED 28,000,000; 2025 AED 28,500,000; 2026 AED 28,300,000Sold by developer, November 2020: AED 18,892,581 (AED 3,542 per sqft)Sold, February 2023: AED 19,000,000 (AED 3,562 per sqft)

1502 has sold twice; the dashed line is the four-bed median of each year in the building.

Rents
Unit 1502, each contractTypical four-bed in IL Primo
1.6M1.7M1.8M202520262027Typical rent by year: 2025 AED 1,600,000; 2026 AED 1,800,000

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

4-beds in IL Primo, and where 1502 sits

All 104 4-beds →

1502 last sold in February 2023 at AED 3,562 per sqft, 9% below what four-beds in IL Primo were fetching at the time (AED 3,933). Over the last 12 months four-beds sold for AED 26,750,000 to 31,500,000, around AED 5,457 per sqft, and rent for AED 1,300,000 to 2,400,000 a year.

Recent 4-bed salesUnit no.Price (AED)Summary
4 Nov 202628,100,000
28 Sep 202628,000,000
29 Jul 202627,000,000
28 Jul 202630,000,000
10 4-bed sales in the last 12 months

IL Primo

Building

119 apartments, studios to 6-bed over 75 floors in Downtown Dubai, completed in 2022 by Emaar. 13 sold in the last 12 months.

Typical price per sqft
AED 5,301 Down 3.7%
Typical sale
AED 28.1M
Typical rent
AED 1.78M /yr
Typical yield
6.2%
IL Primo, Downtown Dubai: prices, sales and rents →

Other units on the 15th floor

All 119 units in IL Primo
Value
15014-bedAED 17.96M · Jul 2016

1502, IL Primo in numbers

  • Sold twice: first on 2 November 2020 for AED 18,892,581, last on 7 February 2023 for AED 19,000,000 (AED 3,562 per sqft).
  • Four-beds in IL Primo sold for AED 26,750,000–31,500,000 in the 12 months to November 2026; the building's median across all types is AED 5,301 per sqft.

Source: Dubai Land Department. Updated 7 February 2023.

Questions about 1502, IL Primo

What did unit 1502 last sell for?

AED 19,000,000 on 7 February 2023: AED 3,562 per sqft for 5,333 sqft. The unit has 2 registered sales; the first was AED 18,892,581 in November 2020.

How big is unit 1502?

5,333 sqft (495.5 sqm): a four-bedroom apartment on the 15th floor of a 75-storey tower completed in 2022.

What is unit 1502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in IL Primo sold for AED 26,750,000 to 31,500,000 in the last 12 months, around AED 5,457 per sqft.

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Mortgage on 1502, IL Primo

Starts from the last sale price (AED 19M, 7 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 19,000,000
Deposit, UAE resident (20%)
AED 3,800,000
Deposit, non-resident (40%)
AED 7,600,000
Monthly over 25 years at 3.7%
AED 77,735

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