2-bed · 1,621 sqftImperial Avenue, Downtown Dubai · 7th floor · completed 2019

705, Imperial Avenue

Sold prices and rental history: sold 3 times, last in July 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 3 July 2024
Last soldAED 3.5M3 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 705, Imperial Avenue

What is 705 worth today?

Last sold for AED 3,500,000 in 2024

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3 Jul 2024SoldOff-plan
AED 3,500,000AED 2,159 per sqft
18 Jul 2023SoldOff-plan
AED 3,168,990AED 1,955 per sqft
26 Jul 2022Sold by developerOff-plan
AED 1,148,762AED 708 per sqft

Source: Dubai Land Department. Updated 3 July 2024.

Key facts

Type
2-bed apartment
Size
1,621 sqft
Floor
7th of 45
Parking
1
Developer
Sp International Property Developers
Completed
2019
Last sold
AED 3.5M · July 2024

About 705, Imperial Avenue

705 is a two-bedroom apartment of 1,621 sqft on the 7th floor of Imperial Avenue, a 45-storey tower in Downtown Dubai completed in 2019 by Sp International Property Developers . It last sold on 3 July 2024 for AED 3,500,000, or AED 2,159 per sqft, 12% below the AED 2,454 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 705 over time

Sales
Unit 705, 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, July 2022: AED 1,148,762 (AED 708 per sqft)Sold, July 2023: AED 3,168,990 (AED 1,955 per sqft)Sold, July 2024: AED 3,500,000 (AED 2,159 per sqft)

705 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 705, 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 705 sits

All 152 2-beds →

705 last sold in July 2024 at AED 2,159 per sqft, 12% below what two-beds in Imperial Avenue were fetching at the time (AED 2,454). 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 7th floor

All 425 units in Imperial Avenue
Value
7022-bedAED 3.02M · May 2023
7031-bedAED 1.57M · Mar 2018
7042-bedAED 2.36M · May 2021
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

705, Imperial Avenue in numbers

  • Sold 3 times: first on 26 July 2022 for AED 1,148,762, last on 3 July 2024 for AED 3,500,000 (AED 2,159 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 3 July 2024.

Questions about 705, Imperial Avenue

What did unit 705 last sell for?

AED 3,500,000 on 3 July 2024: AED 2,159 per sqft for 1,621 sqft. The unit has 3 registered sales; the first was AED 1,148,762 in July 2022.

How big is unit 705?

1,621 sqft (150.6 sqm): a two-bedroom apartment on the 7th floor of a 45-storey tower completed in 2019.

What is unit 705 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 705, Imperial Avenue

Starts from the last sale price (AED 3.5M, 3 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,500,000
Deposit, UAE resident (20%)
AED 700,000
Deposit, non-resident (40%)
AED 1,400,000
Monthly over 25 years at 3.7%
AED 14,320

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