2-bed · 1,641 sqftCenturion Residences 2, Dubai Investment Park Second · 4th floor · completed 2017

C 408, Centurion Residences 2

Sold prices and rental history: sold once, by the developer in July 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit C 408 · DLD and Ejari recordsUpdated 25 July 2024
Last soldAED 886K25 July 2024
Current rentAED 64K /yr5 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for C 408, Centurion Residences 2

What is C 408 worth today?

Last sold for AED 886,000 in 2024

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25 Jul 2024Sold by developerReady
AED 886,000AED 539 per sqft
5 Jan 2024RentedRenewal
AED 64,000/yr12 months · AED 39 per sqft
5 Jan 2023RentedRenewal
AED 55,000/yr12 months · AED 34 per sqft
5 Dec 2021RentedRenewal
AED 50,769/yr13 months · AED 31 per sqft
5 Nov 2020RentedRenewal
AED 55,000/yr13 months · AED 34 per sqft
5 Oct 2019RentedNew contract
AED 60,000/yr13 months · AED 37 per sqft

Source: Dubai Land Department. Updated 25 July 2024.

Key facts

Type
2-bed apartment
Size
1,641 sqft
Floor
4th of 5
Parking
B 75
Developer
Royal Centurion Real Estate Development
Completed
2017
Service charge
AED 21,000 /yr
Last sold
AED 886K · July 2024

About C 408, Centurion Residences 2

C 408 is a two-bedroom apartment of 1,641 sqft on the 4th floor of Centurion Residences 2, a 5-storey tower in Dubai Investment Park Second completed in 2017 by Royal Centurion Real Estate Development . The developer sold it on 25 July 2024 for AED 886,000, or AED 539 per sqft, 4% above the AED 517 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 5 January 2024, is AED 64,000 a year: a gross yield of 7.2% on the 2024 price, before the service charge of about AED 21,000 a year.

Sales and rents for C 408 over time

Sales
Unit C 408, each saleTypical two-bed in Centurion Residences 2
800K1M2016201920222025Typical sale price by year: 2016 AED 1,094,916; 2017 AED 1,085,000; 2021 AED 720,000; 2023 AED 750,000; 2024 AED 840,000; 2025 AED 865,000; 2026 AED 996,002Sold by developer, July 2024: AED 886,000 (AED 539 per sqft)

C 408 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit C 408, each contractTypical two-bed in Centurion Residences 2
60K80K2017202020232026Typical rent by year: 2017 AED 86,500; 2018 AED 75,000; 2019 AED 64,000; 2020 AED 58,000; 2021 AED 55,000; 2022 AED 55,000; 2023 AED 60,000; 2024 AED 65,000; 2025 AED 81,600; 2026 AED 80,000New contract, October 2019: AED 60,000 a yearRenewal, November 2020: AED 55,000 a yearRenewal, December 2021: AED 50,769 a yearRenewal, January 2023: AED 55,000 a yearRenewal, January 2024: AED 64,000 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 Centurion Residences 2, and where C 408 sits

All 86 2-beds →

C 408 last sold in July 2024 at AED 539 per sqft, 4% above what two-beds in Centurion Residences 2 were fetching at the time (AED 517). Over the last 12 months two-beds sold for AED 980,000 to 1,150,000, around AED 676 per sqft, and rent for AED 60,000 to 95,000 a year. C 408's AED 64,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
23 Sep 20261,010,000
27 Aug 2026992,003
26 Aug 20261,017,185
22 Jul 2026980,000
10 2-bed sales in the last 12 months

Centurion Residences 2

Building

112 apartments, 1-bed to 2-bed over 5 floors in Dubai Investment Park Second, completed in 2017 by Royal Centurion Real Estate Development . 11 sold in the last 12 months.

Typical price per sqft
AED 676 Up 17.0%
Typical sale
AED 992K
Typical rent
AED 70K /yr
Typical yield
8.1%
Centurion Residences 2, Dubai Investment Park Second: prices, sales and rents →

Other units on the 4th floor

All 112 units in Centurion Residences 2
Value
B 4012-bedAED 830K · Oct 2023
B 4022-bedAED 840K · Jan 2025
B 4031-bedAED 475K · Mar 2024
B 4041-bedAED 719K · Jun 2016
B 4052-bedAED 1.16M · Feb 2016
B 4062-bedAED 1.12M · Mar 2016
B 4072-bedAED 1.14M · Feb 2017
1–7 of 19

C 408, Centurion Residences 2 in numbers

  • Sold once: by Royal Centurion Real Estate Development on 25 July 2024 for AED 886,000, or AED 539 per sqft.
  • Rented since October 2019 on 5 Ejari contracts. The rent fell from AED 60,000 to AED 50,769 in 2021 and recovered to AED 64,000 by January 2024.
  • At AED 64,000 a year the gross yield on the 2024 price is 7.2%, before a service charge of about AED 21,000 a year (AED 12.82 per sqft).
  • Two-beds in Centurion Residences 2 sold for AED 980,000–1,150,000 in the 12 months to November 2026; the building's median across all types is AED 676 per sqft.

Source: Dubai Land Department. Updated 25 July 2024.

Questions about C 408, Centurion Residences 2

What did unit C 408 last sell for?

AED 886,000 on 25 July 2024, sold by the developer: AED 539 per sqft for 1,641 sqft. It is the only registered sale of the unit.

What is the rent for unit C 408?

AED 64,000 a year on the contract renewed on 5 January 2024. The previous contract, from January 2023, was AED 55,000; the unit has been rented since October 2019.

How big is unit C 408?

1,641 sqft (152.5 sqm): a two-bedroom apartment on the 4th floor of a 5-storey tower completed in 2017.

What is unit C 408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Centurion Residences 2 sold for AED 980,000 to 1,150,000 in the last 12 months, around AED 676 per sqft.

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Mortgage on C 408, Centurion Residences 2

Starts from the last sale price (AED 886K, 25 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 886,000
Deposit, UAE resident (20%)
AED 177,200
Deposit, non-resident (40%)
AED 354,400
Monthly over 25 years at 3.7%
AED 3,625

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