1408, Imperial Avenue
Sold prices and rental history: sold twice, last in January 2023, and rented once, from January 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1408, Imperial Avenue
What is 1408 worth today?
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Source: Dubai Land Department. Updated 25 January 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,452 sqft
- Floor
- 14th of 45
- Parking
- 1
- Developer
- Sp International Property Developers
- Completed
- 2019
- Last sold
- AED 2.96M · January 2023
- Building
- Imperial Avenue
About 1408, Imperial Avenue
1408 is a two-bedroom apartment of 1,452 sqft on the 14th floor of Imperial Avenue, a 45-storey tower in Downtown Dubai completed in 2019 by Sp International Property Developers . It last sold on 10 January 2023 for AED 2,958,500, or AED 2,036 per sqft, 188% above the AED 708 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 25 January 2026. The current contract, signed on 25 January 2026, is AED 225,000 a year: a gross yield of 7.6% on the 2023 price.
Sales and rents for 1408 over time
1408 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Imperial Avenue, and where 1408 sits
All 152 2-beds →1408 last sold in January 2023 at AED 2,036 per sqft, 188% above what two-beds in Imperial Avenue were fetching at the time (AED 708). Over the last 12 months two-beds sold for AED 607,600 to 4,594,006, around AED 2,212 per sqft, and rent for AED 50,000 to 300,000 a year. 1408's AED 225,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Oct 20262 October 2026 | 1,443 sqft | 4,594,006 | 3,184 | ||
| 2 Oct 20262 October 2026 | 1,443 sqft | 4,541,801 | 3,147 | ||
| 18 Sep 202618 September 2026 | 1,443 sqft | 2,500,000 | 1,732 | ||
| 19 Aug 202619 August 2026 | 1,676 sqft | 3,400,000 | 2,029 |
Imperial Avenue
Building425 apartments, 1-bed to 5-bed over 45 floors in Downtown Dubai, completed in 2019 by Sp International Property Developers . 65 sold in the last 12 months.
- Typical price per sqft
- AED 2,384 Down 6.3%
- Typical sale
- AED 3.2M
- Typical rent
- AED 190K /yr
- Typical yield
- 6.0%
Other units on the 14th floor
All 425 units in Imperial Avenue| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 3-bed | 2,087 sqft | AED 5.3MAED 5,300,000 · Nov 2022November 2022 | 275,000 /yr | |
| 1402 | 3-bed | 1,965 sqft | AED 4.45MAED 4,450,000 · Jan 2024January 2024 | 290,000 /yr | |
| 1403 | 2-bed | 1,450 sqft | AED 2.96MAED 2,958,500 · Oct 2022October 2022 | ||
| 1404 | 1-bed | 906 sqft | AED 2.2MAED 2,200,000 · Dec 2025December 2025 | 130,000 /yr | |
| 1405 | 3-bed | 2,002 sqft | AED 3.96MAED 3,960,000 · Sep 2018September 2018 | 280,000 /yr | |
| 1406 | 3-bed | 2,011 sqft | AED 3.75MAED 3,750,000 · Dec 2020December 2020 | ||
| 1407 | 1-bed | 912 sqft | AED 2.2MAED 2,200,000 · Mar 2023March 2023 | ||
| 1409 | 3-bed | 1,972 sqft | AED 3.55MAED 3,548,916 · Jul 2017July 2017 | ||
| 1410 | 3-bed | 2,095 sqft | AED 5.34MAED 5,335,000 · Nov 2022November 2022 |
1408, Imperial Avenue in numbers
- Sold twice: first on 23 June 2022 for AED 1,029,506, last on 10 January 2023 for AED 2,958,500 (AED 2,036 per sqft).
- Rented since January 2026 on one Ejari contract, at AED 225,000 a year.
- At AED 225,000 a year the gross yield on the 2023 price is 7.6%.
- Two-beds in Imperial Avenue sold for AED 607,600–4,594,006 in the 12 months to November 2026; the building's median across all types is AED 2,384 per sqft.
Source: Dubai Land Department. Updated 25 January 2026.
Questions about 1408, Imperial Avenue
What did unit 1408 last sell for?
AED 2,958,500 on 10 January 2023: AED 2,036 per sqft for 1,452 sqft. The unit has 2 registered sales; the first was AED 1,029,506 in June 2022.
What is the rent for unit 1408?
AED 225,000 a year on the contract signed on 25 January 2026.
How big is unit 1408?
1,452 sqft (134.9 sqm): a two-bedroom apartment on the 14th floor of a 45-storey tower completed in 2019.
What is unit 1408 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Imperial Avenue sold for AED 607,600 to 4,594,006 in the last 12 months, around AED 2,212 per sqft.
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Mortgage on 1408, Imperial Avenue
Starts from the last sale price (AED 2.96M, 10 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,958,500
- Deposit, UAE resident (20%)
- AED 591,700
- Deposit, non-resident (40%)
- AED 1,183,400
- Monthly over 25 years at 3.7%
- AED 12,104
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →