3-bed · 1,361 sqftCentrium Towers 4, Dubai Production City (IMPZ) · 5th floor · completed 2013

4-506, Centrium Towers 4

Sold prices and rental history: sold twice, last in February 2024, and rented once, from October 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4-506 · DLD and Ejari recordsUpdated 2 February 2024
Last soldAED 950K2 February 2024
Current rentAED 110K /yr1 October 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4-506, Centrium Towers 4

What is 4-506 worth today?

Last sold for AED 950,000 in 2024

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2 Feb 2024SoldReady
AED 950,000AED 697 per sqft
19 Jan 2016Sold by developerReady
AED 651,932AED 478 per sqft
1 Oct 2014RentedNew contract
AED 110,000/yr12 months · AED 81 per sqft

Source: Dubai Land Department. Updated 2 February 2024.

Key facts

Type
3-bed apartment
Size
1,361 sqft
Floor
5th of 29
Parking
LG-19
Developer
ETA Star Property Developers
Completed
2013
Service charge
AED 18,500 /yr
Last sold
AED 950K · February 2024

About 4-506, Centrium Towers 4

4-506 is a three-bedroom apartment of 1,361 sqft on the 5th floor of Centrium Towers 4, a 29-storey tower in Dubai Production City (IMPZ) completed in 2013 by ETA Star Property Developers. It last sold on 2 February 2024 for AED 950,000, or AED 697 per sqft, in line with the AED 679 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 October 2014. The current contract, signed on 1 October 2014, is AED 110,000 a year: a gross yield of 11.6% on the 2024 price, before the service charge of about AED 18,500 a year.

Sales and rents for 4-506 over time

Sales
Unit 4-506, each saleTypical three-bed in Centrium Towers 4
1M2009201420192024Typical sale price by year: 2009 AED 1,324,775; 2014 AED 1,062,474; 2015 AED 686,296; 2016 AED 682,807; 2019 AED 750,000; 2025 AED 1,115,000Sold by developer, January 2016: AED 651,932 (AED 478 per sqft)Sold, February 2024: AED 950,000 (AED 697 per sqft)

4-506 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4-506, each contractTypical three-bed in Centrium Towers 4
50K100K2014201820222026Typical rent by year: 2014 AED 110,000; 2015 AED 108,000; 2016 AED 106,000; 2017 AED 95,000; 2018 AED 90,000; 2019 AED 72,000; 2020 AED 57,000; 2021 AED 52,500; 2022 AED 62,500; 2023 AED 65,000; 2024 AED 78,000; 2025 AED 96,500; 2026 AED 95,000New contract, October 2014: AED 110,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Centrium Towers 4, and where 4-506 sits

All 26 3-beds →

4-506 last sold in February 2024 at AED 697 per sqft, in line with what three-beds in Centrium Towers 4 were fetching at the time (AED 679). Over the last 12 months three-beds sold for AED 1,210,000 to 1,315,000, around AED 840 per sqft, and rent for AED 86,000 to 110,000 a year. 4-506's AED 110,000 is at the top of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
27 Aug 20261,315,000
27 Jan 20261,250,000
15 Dec 20251,210,000
7 Jul 20251,100,000
3 3-bed sales in the last 12 months

Centrium Towers 4

Building

150 apartments, 1-bed to 3-bed over 29 floors in Dubai Production City (IMPZ), completed in 2013 by ETA Star Property Developers. 16 sold in the last 12 months.

Typical price per sqft
AED 875 Up 8.2%
Typical sale
AED 800K
Typical rent
AED 67K /yr
Typical yield
8.1%
Centrium Towers 4, Dubai Production City (IMPZ): prices, sales and rents →

Other units on the 5th floor

All 150 units in Centrium Towers 4
Value
4-5012-bedAED 855K · Dec 2015
4-5021-bedAED 500K · Jun 2024
4-5032-bedAED 552K · Jul 2014
4-5042-bedAED 600K · Jan 2019
4-5051-bedAED 460K · Nov 2018

4-506, Centrium Towers 4 in numbers

  • Sold twice: first on 19 January 2016 for AED 651,932, last on 2 February 2024 for AED 950,000 (AED 697 per sqft).
  • Rented since October 2014 on one Ejari contract, at AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2024 price is 11.6%, before a service charge of about AED 18,500 a year (AED 13.59 per sqft).
  • Three-beds in Centrium Towers 4 sold for AED 1,210,000–1,315,000 in the 12 months to November 2026; the building's median across all types is AED 875 per sqft.

Source: Dubai Land Department. Updated 2 February 2024.

Questions about 4-506, Centrium Towers 4

What did unit 4-506 last sell for?

AED 950,000 on 2 February 2024: AED 697 per sqft for 1,361 sqft. The unit has 2 registered sales; the first was AED 651,932 in January 2016.

What is the rent for unit 4-506?

AED 110,000 a year on the contract signed on 1 October 2014.

How big is unit 4-506?

1,361 sqft (126.4 sqm): a three-bedroom apartment on the 5th floor of a 29-storey tower completed in 2013.

What is unit 4-506 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Centrium Towers 4 sold for AED 1,210,000 to 1,315,000 in the last 12 months, around AED 840 per sqft.

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Mortgage on 4-506, Centrium Towers 4

Starts from the last sale price (AED 950K, 2 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

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