2-bed · 1,543 sqftImperial Avenue, Downtown Dubai · 40th floor · completed 2019

4003, Imperial Avenue

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

Unit 4003 · DLD and Ejari recordsUpdated 14 December 2023
Last soldAED 4.12M14 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4003, Imperial Avenue

What is 4003 worth today?

Last sold for AED 4,116,000 in 2023

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14 Dec 2023SoldOff-plan
AED 4,116,000AED 2,667 per sqft
30 Jun 2022Sold by developerOff-plan
AED 1,093,750AED 708 per sqft

Source: Dubai Land Department. Updated 14 December 2023.

Key facts

Type
2-bed apartment
Size
1,543 sqft
Floor
40th of 45
Parking
1
Developer
Sp International Property Developers
Completed
2019
Last sold
AED 4.12M · December 2023

About 4003, Imperial Avenue

4003 is a two-bedroom apartment of 1,543 sqft on the 40th floor of Imperial Avenue, a 45-storey tower in Downtown Dubai completed in 2019 by Sp International Property Developers . It last sold on 14 December 2023 for AED 4,116,000, or AED 2,667 per sqft, 18% above the AED 2,252 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 4003 over time

Sales
Unit 4003, 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, June 2022: AED 1,093,750 (AED 708 per sqft)Sold, December 2023: AED 4,116,000 (AED 2,667 per sqft)

4003 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4003, 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 4003 sits

All 152 2-beds →

4003 last sold in December 2023 at AED 2,667 per sqft, 18% above what two-beds in Imperial Avenue were fetching at the time (AED 2,252). 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 40th floor

All 425 units in Imperial Avenue
Value
40013-bedAED 5.65M · Sep 2023
40023-bedAED 5.05M · Nov 2023
40042-bedAED 4.07M · Dec 2023
40054-bedAED 7M · Jan 2022
40064-bedAED 11.75M · Nov 2023
40074-bedAED 11.46M · Aug 2023

4003, Imperial Avenue in numbers

  • Sold twice: first on 30 June 2022 for AED 1,093,750, last on 14 December 2023 for AED 4,116,000 (AED 2,667 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 December 2023.

Questions about 4003, Imperial Avenue

What did unit 4003 last sell for?

AED 4,116,000 on 14 December 2023: AED 2,667 per sqft for 1,543 sqft. The unit has 2 registered sales; the first was AED 1,093,750 in June 2022.

How big is unit 4003?

1,543 sqft (143.3 sqm): a two-bedroom apartment on the 40th floor of a 45-storey tower completed in 2019.

What is unit 4003 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 4003, Imperial Avenue

Starts from the last sale price (AED 4.12M, 14 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,116,000
Deposit, UAE resident (20%)
AED 823,200
Deposit, non-resident (40%)
AED 1,646,400
Monthly over 25 years at 3.7%
AED 16,840

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