2-bed · 1,449 sqftImperial Avenue, Downtown Dubai · 16th floor · completed 2019

1603, Imperial Avenue

Sold prices and rental history: sold once, by the developer in January 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1603 · DLD and Ejari recordsUpdated 14 January 2021
Last soldAED 2.72M14 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1603, Imperial Avenue

What is 1603 worth today?

Last sold for AED 2,722,870 in 2021

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14 Jan 2021Sold by developerOff-plan
AED 2,722,870AED 1,879 per sqft

Source: Dubai Land Department. Updated 14 January 2021.

Key facts

Type
2-bed apartment
Size
1,449 sqft
Floor
16th of 45
Parking
1
Developer
Sp International Property Developers
Completed
2019
Last sold
AED 2.72M · January 2021

About 1603, Imperial Avenue

1603 is a two-bedroom apartment of 1,449 sqft on the 16th floor of Imperial Avenue, a 45-storey tower in Downtown Dubai completed in 2019 by Sp International Property Developers . The developer sold it on 14 January 2021 for AED 2,722,870, or AED 1,879 per sqft, in line with the AED 1,936 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1603 over time

Sales
Unit 1603, each saleTypical two-bed in Imperial Avenue
2M4M2017202020232026Typical sale price by year: 2017 AED 2,820,783; 2018 AED 2,966,684; 2019 AED 2,753,260; 2020 AED 2,930,393; 2021 AED 2,949,091; 2022 AED 1,072,005; 2023 AED 3,593,300; 2024 AED 3,950,000; 2025 AED 3,600,000; 2026 AED 3,200,000Sold by developer, January 2021: AED 2,722,870 (AED 1,879 per sqft)

1603 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1603, each contractTypical two-bed in Imperial Avenue
200K225K250K202520262027Typical rent by year: 2025 AED 245,000; 2026 AED 190,000

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 1603 sits

All 152 2-beds →

1603 last sold in January 2021 at AED 1,879 per sqft, in line with what two-beds in Imperial Avenue were fetching at the time (AED 1,936). 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.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Oct 20264,594,006
2 Oct 20264,541,801
18 Sep 20262,500,000
19 Aug 20263,400,000
27 2-bed sales in the last 12 months

Imperial Avenue

Building

425 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%
Imperial Avenue, Downtown Dubai: prices, sales and rents →

Other units on the 16th floor

All 425 units in Imperial Avenue
Value
16013-bedAED 5.43M · Jul 2023
16023-bedAED 4.5M · Oct 2023
16041-bedAED 1.85M · Sep 2026
16052-bedAED 3.2M · May 2023
16063-bedAED 5.29M · Sep 2023
16072-bedAED 3.57M · Feb 2023
16082-bedAED 3.5M · Feb 2026
1–7 of 14

1603, Imperial Avenue in numbers

  • Sold once: by Sp International Property Developers on 14 January 2021 for AED 2,722,870, or AED 1,879 per sqft.
  • 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 14 January 2021.

Questions about 1603, Imperial Avenue

What did unit 1603 last sell for?

AED 2,722,870 on 14 January 2021, sold by the developer: AED 1,879 per sqft for 1,449 sqft. It is the only registered sale of the unit.

How big is unit 1603?

1,449 sqft (134.6 sqm): a two-bedroom apartment on the 16th floor of a 45-storey tower completed in 2019.

What is unit 1603 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 1603, Imperial Avenue

Starts from the last sale price (AED 2.72M, 14 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,722,870
Deposit, UAE resident (20%)
AED 544,574
Deposit, non-resident (40%)
AED 1,089,148
Monthly over 25 years at 3.7%
AED 11,140

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