4-bed · 5,212 sqftIL Primo, Downtown Dubai · 7th floor · completed 2022

701, IL Primo

Sold prices and rental history: sold once, by the developer in July 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 19 July 2016
Last soldAED 17.32M19 July 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, IL Primo

What is 701 worth today?

Last sold for AED 17,322,888 in 2016

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19 Jul 2016Sold by developerOff-plan
AED 17,322,888AED 3,323 per sqft

Source: Dubai Land Department. Updated 19 July 2016.

Key facts

Type
4-bed apartment
Size
5,212 sqft
Floor
7th of 75
Parking
3
Developer
Emaar
Completed
2022
Last sold
AED 17.32M · July 2016
Building
IL Primo

About 701, IL Primo

701 is a four-bedroom apartment of 5,212 sqft on the 7th floor of IL Primo, a 75-storey tower in Downtown Dubai completed in 2022 by Emaar. The developer sold it on 19 July 2016 for AED 17,322,888, or AED 3,323 per sqft, in line with the AED 3,392 four-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 701 over time

Sales
Unit 701, each saleTypical four-bed in IL Primo
20M30M2016201920222025Typical 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, July 2016: AED 17,322,888 (AED 3,323 per sqft)

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

Rents
Unit 701, 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 701 sits

All 104 4-beds →

701 last sold in July 2016 at AED 3,323 per sqft, in line with what four-beds in IL Primo were fetching at the time (AED 3,392). 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 7th floor

All 119 units in IL Primo
Value
7024-bedAED 32M · Nov 2024

701, IL Primo in numbers

  • Sold once: by Emaar on 19 July 2016 for AED 17,322,888, or AED 3,323 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 19 July 2016.

Questions about 701, IL Primo

What did unit 701 last sell for?

AED 17,322,888 on 19 July 2016, sold by the developer: AED 3,323 per sqft for 5,212 sqft. It is the only registered sale of the unit.

How big is unit 701?

5,212 sqft (484.2 sqm): a four-bedroom apartment on the 7th floor of a 75-storey tower completed in 2022.

What is unit 701 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 701, IL Primo

Starts from the last sale price (AED 17.32M, 19 July 2016). Switch to today's estimate once you have unlocked it.
Price
AED 17,322,888
Deposit, UAE resident (20%)
AED 3,464,578
Deposit, non-resident (40%)
AED 6,929,155
Monthly over 25 years at 3.7%
AED 70,873

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