1-bed · 562 sqftGerman Design Tower 1, Dubai Sports City · 7th floor

702, German Design Tower 1

Sold prices and rental history: sold once, by the developer in August 2009, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 9 August 2009
Last soldAED 895K9 August 2009
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, German Design Tower 1

What is 702 worth today?

Last sold for AED 894,779 in 2009

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9 Aug 2009Sold by developerOff-plan
AED 894,779AED 1,592 per sqft

Source: Dubai Land Department. Updated 9 August 2009.

Key facts

Type
1-bed apartment
Size
562 sqft
Floor
7th of 22
Parking
nan
Last sold
AED 895K · August 2009

About 702, German Design Tower 1

702 is a one-bedroom apartment of 562 sqft on the 7th floor of German Design Tower 1, a 22-storey tower in Dubai Sports City. The developer sold it on 9 August 2009 for AED 894,779, or AED 1,592 per sqft, 24% above the AED 1,279 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 702 over time

Sales
Unit 702, each saleTypical one-bed in German Design Tower 1
1M1.5M200920102011Typical sale price by year: 2009 AED 872,991; 2010 AED 1,553,066Sold by developer, August 2009: AED 894,779 (AED 1,592 per sqft)

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

1-beds in German Design Tower 1, and where 702 sits

All 345 1-beds →

702 last sold in August 2009 at AED 1,592 per sqft, 24% above what one-beds in German Design Tower 1 were fetching at the time (AED 1,279).

Recent 1-bed salesUnit no.Price (AED)Summary
5 Oct 20101,171,922
30 Sep 20101,553,066
22 Sep 2010870,078
2 May 20101,794,544
0 1-bed sales in the last 12 months

German Design Tower 1

Building

349 apartments, studios to 1-bed over 22 floors in Dubai Sports City. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
Few contracts
Typical yield
German Design Tower 1, Dubai Sports City: prices, sales and rents →

Other units on the 7th floor

All 349 units in German Design Tower 1
Value
7011-bedAED 1.13M · Aug 2009
7031-bedAED 1.16M · Aug 2009
7041-bedAED 619K · Aug 2009
7051-bedAED 618K · Aug 2009
7061-bedAED 629K · Aug 2009
7071-bedAED 1.6M · Aug 2009
7081-bedAED 811K · Aug 2009
1–7 of 15

702, German Design Tower 1 in numbers

  • Sold once: by the developer on 9 August 2009 for AED 894,779, or AED 1,592 per sqft.

Source: Dubai Land Department. Updated 9 August 2009.

Questions about 702, German Design Tower 1

What did unit 702 last sell for?

AED 894,779 on 9 August 2009, sold by the developer: AED 1,592 per sqft for 562 sqft. It is the only registered sale of the unit.

How big is unit 702?

562 sqft (52.2 sqm): a one-bedroom apartment on the 7th floor of a 22-storey tower.

What is unit 702 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 702, German Design Tower 1

Starts from the last sale price (AED 895K, 9 August 2009). Switch to today's estimate once you have unlocked it.
Price
AED 894,779
Deposit, UAE resident (20%)
AED 178,956
Deposit, non-resident (40%)
AED 357,912
Monthly over 25 years at 3.7%
AED 3,661

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