1602, Imperial Avenue
Sold prices and rental history: sold twice, last in October 2023, and rented once, from May 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1602, Imperial Avenue
What is 1602 worth today?
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Source: Dubai Land Department. Updated 17 May 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 1,895 sqft
- Floor
- 16th of 45
- Parking
- P5-70, P5-71
- Developer
- Sp International Property Developers
- Completed
- 2019
- Last sold
- AED 4.5M · October 2023
- Building
- Imperial Avenue
About 1602, Imperial Avenue
1602 is a three-bedroom apartment of 1,895 sqft on the 16th floor of Imperial Avenue, a 45-storey tower in Downtown Dubai completed in 2019 by Sp International Property Developers . It last sold on 19 October 2023 for AED 4,500,000, or AED 2,341 per sqft, 9% below the AED 2,578 three-beds in the building were fetching at the time.
One Ejari contract is registered, from 17 May 2026. The current contract, signed on 17 May 2026, is AED 270,000 a year: a gross yield of 6.0% on the 2023 price.
Sales and rents for 1602 over time
1602 has sold twice; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Imperial Avenue, and where 1602 sits
All 131 3-beds →1602 last sold in October 2023 at AED 2,341 per sqft, 9% below what three-beds in Imperial Avenue were fetching at the time (AED 2,578). Over the last 12 months three-beds sold for AED 4,272,750 to 6,800,000, around AED 2,575 per sqft, and rent for AED 220,000 to 395,000 a year. 1602's AED 270,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Oct 20265 October 2026 | 1,895 sqft | 4,300,000 | 2,268 | ||
| 5 Aug 20265 August 2026 | 2,033 sqft | 5,500,000 | 2,705 | ||
| 9 Jun 20269 June 2026 | 1,932 sqft | 4,292,500 | 2,221 | ||
| 30 Mar 202630 March 2026 | 1,922 sqft | 4,950,000 | 2,575 |
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 16th floor
All 425 units in Imperial Avenue| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 3-bed | 2,050 sqft | AED 5.43MAED 5,425,875 · Jul 2023July 2023 | ||
| 1603 | 2-bed | 1,449 sqft | AED 2.72MAED 2,722,870 · Jan 2021January 2021 | ||
| 1604 | 1-bed | 909 sqft | AED 1.85MAED 1,850,000 · Sep 2026September 2026 | ||
| 1605 | 2-bed | 1,509 sqft | AED 3.2MAED 3,200,000 · May 2023May 2023 | 222,000 /yr | |
| 1606 | 3-bed | 2,066 sqft | AED 5.29MAED 5,293,631 · Sep 2023September 2023 | 300,000 /yr | |
| 1607 | 2-bed | 1,715 sqft | AED 3.57MAED 3,569,600 · Feb 2023February 2023 | ||
| 1608 | 2-bed | 1,376 sqft | AED 3.5MAED 3,500,000 · Feb 2026February 2026 | 250,000 /yr | |
| 1609 | 3-bed | 1,936 sqft | AED 4.95MAED 4,950,000 · May 2023May 2023 | ||
| 1610 | 3-bed | 2,067 sqft | AED 5.8MAED 5,801,600 · Aug 2023August 2023 | ||
| 1611 | 2-bed | 1,452 sqft | AED 4.11MAED 4,108,500 · Mar 2023March 2023 | ||
| 1612 | 3-bed | 2,191 sqft | AED 5.57MAED 5,565,000 · Dec 2022December 2022 | 300,000 /yr | |
| 1613 | 1-bed | 989 sqft | AED 3MAED 3,000,000 · Dec 2025December 2025 | ||
| 1614 | 3-bed | 2,188 sqft | AED 5.5MAED 5,500,000 · Feb 2023February 2023 | ||
| 1615 | 2-bed | 1,443 sqft | AED 4.54MAED 4,541,801 · Oct 2026October 2026 |
1602, Imperial Avenue in numbers
- Sold twice: first on 29 June 2022 for AED 1,362,171, last on 19 October 2023 for AED 4,500,000 (AED 2,341 per sqft).
- Rented since May 2026 on one Ejari contract, at AED 270,000 a year.
- At AED 270,000 a year the gross yield on the 2023 price is 6.0%.
- Three-beds in Imperial Avenue sold for AED 4,272,750–6,800,000 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 17 May 2026.
Questions about 1602, Imperial Avenue
What did unit 1602 last sell for?
AED 4,500,000 on 19 October 2023: AED 2,341 per sqft for 1,895 sqft. The unit has 2 registered sales; the first was AED 1,362,171 in June 2022.
What is the rent for unit 1602?
AED 270,000 a year on the contract signed on 17 May 2026.
How big is unit 1602?
1,895 sqft (176.1 sqm): a three-bedroom apartment on the 16th floor of a 45-storey tower completed in 2019.
What is unit 1602 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Imperial Avenue sold for AED 4,272,750 to 6,800,000 in the last 12 months, around AED 2,575 per sqft.
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Mortgage on 1602, Imperial Avenue
Starts from the last sale price (AED 4.5M, 19 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 4,500,000
- Deposit, UAE resident (20%)
- AED 900,000
- Deposit, non-resident (40%)
- AED 1,800,000
- Monthly over 25 years at 3.7%
- AED 18,411
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →