2-bed · 1,278 sqftImperial Avenue, Downtown Dubai · 7th floor · completed 2019

704, Imperial Avenue

Sold prices and rental history: sold once, by the developer in May 2021, and rented once, from August 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 15 August 2026
Last soldAED 2.36M25 May 2021
Current rentAED 150K /yr15 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Imperial Avenue

What is 704 worth today?

Last sold for AED 2,358,703 in 2021

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15 Aug 2026RentedNew contract
AED 150,000/yr12 months · AED 118 per sqft
25 May 2021Sold by developerOff-plan
AED 2,358,703AED 1,844 per sqft

Source: Dubai Land Department. Updated 15 August 2026.

Key facts

Type
2-bed apartment
Size
1,278 sqft
Floor
7th of 45
Parking
1
Developer
Sp International Property Developers
Completed
2019
Last sold
AED 2.36M · May 2021

About 704, Imperial Avenue

704 is a two-bedroom apartment of 1,278 sqft on the 7th floor of Imperial Avenue, a 45-storey tower in Downtown Dubai completed in 2019 by Sp International Property Developers . The developer sold it on 25 May 2021 for AED 2,358,703, or AED 1,844 per sqft, in line with the AED 1,894 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 August 2026. The current contract, signed on 15 August 2026, is AED 150,000 a year: a gross yield of 6.4% on the 2021 price.

Sales and rents for 704 over time

Sales
Unit 704, 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, May 2021: AED 2,358,703 (AED 1,844 per sqft)

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

Rents
Unit 704, each contractTypical two-bed in Imperial Avenue
150K200K250K202520262027Typical rent by year: 2025 AED 245,000; 2026 AED 190,000New contract, August 2026: AED 150,000 a year

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 704 sits

All 152 2-beds →

704 last sold in May 2021 at AED 1,844 per sqft, in line with what two-beds in Imperial Avenue were fetching at the time (AED 1,894). 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. 704's AED 150,000 is in the lower half of that range.

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 7th floor

All 425 units in Imperial Avenue
Value
7022-bedAED 3.02M · May 2023
7031-bedAED 1.57M · Mar 2018
7052-bedAED 3.5M · Jul 2024
7061-bedAED 1.48M · Feb 2017
7071-bedAED 1.84M · May 2024
7081-bedAED 1.49M · Feb 2017
7092-bedAED 3.6M · Apr 2025
1–7 of 10

704, Imperial Avenue in numbers

  • Sold once: by Sp International Property Developers on 25 May 2021 for AED 2,358,703, or AED 1,844 per sqft.
  • Rented since August 2026 on one Ejari contract, at AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2021 price is 6.4%.
  • 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 15 August 2026.

Questions about 704, Imperial Avenue

What did unit 704 last sell for?

AED 2,358,703 on 25 May 2021, sold by the developer: AED 1,844 per sqft for 1,278 sqft. It is the only registered sale of the unit.

What is the rent for unit 704?

AED 150,000 a year on the contract signed on 15 August 2026.

How big is unit 704?

1,278 sqft (118.7 sqm): a two-bedroom apartment on the 7th floor of a 45-storey tower completed in 2019.

What is unit 704 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 704, Imperial Avenue

Starts from the last sale price (AED 2.36M, 25 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,358,703
Deposit, UAE resident (20%)
AED 471,741
Deposit, non-resident (40%)
AED 943,481
Monthly over 25 years at 3.7%
AED 9,650

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