4-bed · 5,176 sqftIL Primo, Downtown Dubai · 55th floor · completed 2022

5501, IL Primo

Sold prices and rental history: sold 3 times, last in December 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5501 · DLD and Ejari recordsUpdated 11 December 2024
Last soldAED 26.7M11 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5501, IL Primo

What is 5501 worth today?

Last sold for AED 26,700,000 in 2024

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11 Dec 2024SoldReady
AED 26,700,000AED 5,158 per sqft
11 May 2022SoldOff-plan
AED 18,000,000AED 3,453 per sqft
9 Dec 2021Sold by developerOff-plan
AED 18,474,026AED 3,544 per sqft

Source: Dubai Land Department. Updated 11 December 2024.

Key facts

Type
4-bed apartment
Size
5,176 sqft
Floor
55th of 75
Parking
IP B3-3007, IP B3-3008, IP B3-3023
Developer
Emaar
Completed
2022
Last sold
AED 26.7M · December 2024
Building
IL Primo

About 5501, IL Primo

5501 is a four-bedroom apartment of 5,176 sqft on the 55th floor of IL Primo, a 75-storey tower in Downtown Dubai completed in 2022 by Emaar. It last sold on 11 December 2024 for AED 26,700,000, or AED 5,158 per sqft, in line with the AED 5,157 four-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5501 over time

Sales
Unit 5501, 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, December 2021: AED 18,474,026 (AED 3,544 per sqft)Sold, May 2022: AED 18,000,000 (AED 3,453 per sqft)Sold, December 2024: AED 26,700,000 (AED 5,158 per sqft)

5501 has sold 3 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 5501, 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 5501 sits

All 104 4-beds →

5501 last sold in December 2024 at AED 5,158 per sqft, in line with what four-beds in IL Primo were fetching at the time (AED 5,157). 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 55th floor

All 119 units in IL Primo
Value
55024-bedAED 22.25M · Jan 2022

5501, IL Primo in numbers

  • Sold 3 times: first on 9 December 2021 for AED 18,474,026, last on 11 December 2024 for AED 26,700,000 (AED 5,158 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 11 December 2024.

Questions about 5501, IL Primo

What did unit 5501 last sell for?

AED 26,700,000 on 11 December 2024: AED 5,158 per sqft for 5,176 sqft. The unit has 3 registered sales; the first was AED 18,474,026 in December 2021.

How big is unit 5501?

5,176 sqft (480.9 sqm): a four-bedroom apartment on the 55th floor of a 75-storey tower completed in 2022.

What is unit 5501 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 5501, IL Primo

Starts from the last sale price (AED 26.7M, 11 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 26,700,000
Deposit, UAE resident (20%)
AED 5,340,000
Deposit, non-resident (40%)
AED 10,680,000
Monthly over 25 years at 3.7%
AED 109,238

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