3-bed · 1,936 sqftImperial Avenue, Downtown Dubai · 16th floor · completed 2019

1609, Imperial Avenue

Sold prices and rental history: sold twice, last in May 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1609 · DLD and Ejari recordsUpdated 2 May 2023
Last soldAED 4.95M2 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1609, Imperial Avenue

What is 1609 worth today?

Last sold for AED 4,950,000 in 2023

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2 May 2023SoldOff-plan
AED 4,950,000AED 2,556 per sqft
29 Jun 2022Sold by developerOff-plan
AED 1,372,471AED 708 per sqft

Source: Dubai Land Department. Updated 2 May 2023.

Key facts

Type
3-bed apartment
Size
1,936 sqft
Floor
16th of 45
Parking
2
Developer
Sp International Property Developers
Completed
2019
Last sold
AED 4.95M · May 2023

About 1609, Imperial Avenue

1609 is a three-bedroom apartment of 1,936 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 2 May 2023 for AED 4,950,000, or AED 2,556 per sqft, 261% above the AED 708 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1609 over time

Sales
Unit 1609, each saleTypical three-bed in Imperial Avenue
2M4M2017202020232026Typical sale price by year: 2017 AED 3,889,389; 2020 AED 4,120,000; 2021 AED 4,882,500; 2022 AED 1,458,766; 2023 AED 5,073,000; 2024 AED 5,238,000; 2025 AED 5,200,000; 2026 AED 5,220,000Sold by developer, June 2022: AED 1,372,471 (AED 708 per sqft)Sold, May 2023: AED 4,950,000 (AED 2,556 per sqft)

1609 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1609, each contractTypical three-bed in Imperial Avenue
300K305K202520262027Typical rent by year: 2025 AED 307,500; 2026 AED 300,000

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 1609 sits

All 131 3-beds →

1609 last sold in May 2023 at AED 2,556 per sqft, 261% above what three-beds in Imperial Avenue were fetching at the time (AED 708). 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.

Recent 3-bed salesUnit no.Price (AED)Summary
5 Oct 20264,300,000
5 Aug 20265,500,000
9 Jun 20264,292,500
30 Mar 20264,950,000
13 3-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
16032-bedAED 2.72M · Jan 2021
16041-bedAED 1.85M · Sep 2026
16052-bedAED 3.2M · May 2023
16063-bedAED 5.29M · Sep 2023
16072-bedAED 3.57M · Feb 2023
1–7 of 14

1609, Imperial Avenue in numbers

  • Sold twice: first on 29 June 2022 for AED 1,372,471, last on 2 May 2023 for AED 4,950,000 (AED 2,556 per sqft).
  • 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 2 May 2023.

Questions about 1609, Imperial Avenue

What did unit 1609 last sell for?

AED 4,950,000 on 2 May 2023: AED 2,556 per sqft for 1,936 sqft. The unit has 2 registered sales; the first was AED 1,372,471 in June 2022.

How big is unit 1609?

1,936 sqft (179.9 sqm): a three-bedroom apartment on the 16th floor of a 45-storey tower completed in 2019.

What is unit 1609 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 1609, Imperial Avenue

Starts from the last sale price (AED 4.95M, 2 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,950,000
Deposit, UAE resident (20%)
AED 990,000
Deposit, non-resident (40%)
AED 1,980,000
Monthly over 25 years at 3.7%
AED 20,252

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