2-bed · 1,011 sqftCBD 16 Lady Ratan Manor, International City · 7th floor · completed 2008

703, CBD 16 Lady Ratan Manor

Sold prices and rental history: sold twice, last in December 2019, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 24 December 2019
Last soldAED 480K24 December 2019
Current rentAED 68K /yr20 January 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, CBD 16 Lady Ratan Manor

What is 703 worth today?

Last sold for AED 480,000 in 2019

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24 Dec 2019SoldReady
AED 480,000AED 474 per sqft
20 Jan 2017RentedRenewal
AED 67,500/yr12 months · AED 67 per sqft
20 Jan 2016RentedRenewal
AED 67,500/yr12 months · AED 67 per sqft
20 Jul 2015RentedNew contract
AED 132,000/yr6 months · AED 130 per sqft
20 Jan 2014RentedNew contract
AED 62,500/yr12 months · AED 62 per sqft
16 May 2012Sold by developerReady
AED 664,138AED 656 per sqft

Source: Dubai Land Department. Updated 24 December 2019.

Key facts

Type
2-bed apartment
Size
1,011 sqft
Floor
7th of 10
Parking
B1-74
Developer
Lokhandwala Builders International
Completed
2008
Service charge
AED 10,800 /yr
Last sold
AED 480K · December 2019

About 703, CBD 16 Lady Ratan Manor

703 is a two-bedroom apartment of 1,011 sqft on the 7th floor of CBD 16 Lady Ratan Manor, a 10-storey tower in International City completed in 2008 by Lokhandwala Builders International. It last sold on 24 December 2019 for AED 480,000, or AED 474 per sqft, 17% above the AED 404 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, renewed on 20 January 2017, is AED 67,500 a year: a gross yield of 14.1% on the 2019 price, before the service charge of about AED 10,800 a year.

Sales and rents for 703 over time

Sales
Unit 703, each saleTypical two-bed in CBD 16 Lady Ratan Manor
500K1M20102014201820222026Typical sale price by year: 2010 AED 647,905; 2011 AED 707,212; 2012 AED 638,357; 2013 AED 1,137,480; 2014 AED 812,143; 2015 AED 673,304; 2016 AED 1,143,584; 2017 AED 700,000; 2019 AED 200,000; 2022 AED 515,000; 2023 AED 512,500; 2024 AED 610,000; 2025 AED 650,000Sold by developer, May 2012: AED 664,138 (AED 656 per sqft)Sold, December 2019: AED 480,000 (AED 474 per sqft)

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

Rents
Unit 703, each contractTypical two-bed in CBD 16 Lady Ratan Manor
50K100K2012201620202024Typical rent by year: 2012 AED 41,250; 2013 AED 45,000; 2014 AED 50,000; 2015 AED 60,000; 2016 AED 63,000; 2017 AED 60,000; 2018 AED 53,000; 2019 AED 45,000; 2020 AED 38,000; 2021 AED 36,500; 2022 AED 42,000; 2023 AED 45,000; 2024 AED 52,565; 2025 AED 58,000; 2026 AED 60,000New contract, January 2014: AED 62,500 a yearNew contract, July 2015: AED 132,000 a yearRenewal, January 2016: AED 67,500 a yearRenewal, January 2017: AED 67,500 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 CBD 16 Lady Ratan Manor, and where 703 sits

All 50 2-beds →

703 last sold in December 2019 at AED 474 per sqft, 17% above what two-beds in CBD 16 Lady Ratan Manor were fetching at the time (AED 404). Over the last 12 months two-beds sold for AED 760,000, around AED 751 per sqft, and rent for AED 47,190 to 74,000 a year. 703's AED 67,500 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
30 Dec 2025760,000
9 Sep 2025700,000
20 May 2025590,000
13 May 2025650,000
1 2-bed sale in the last 12 months

CBD 16 Lady Ratan Manor

Building

150 apartments, 1-bed to 2-bed over 10 floors in International City, completed in 2008 by Lokhandwala Builders International. 8 sold in the last 12 months.

Typical price per sqft
AED 833
Typical sale
AED 520K
Typical rent
AED 44K /yr
Typical yield
7.9%
CBD 16 Lady Ratan Manor, International City: prices, sales and rents →

Other units on the 7th floor

All 150 units in CBD 16 Lady Ratan Manor
Value
7011-bedAED 327K · Feb 2022
7021-bedAED 415K · Feb 2025
7042-bedAED 649K · Mar 2010
7051-bedAED 430K · Mar 2010
7061-bedAED 300K · Nov 2024
7071-bedAED 325K · Jun 2022
7081-bedAED 440K · Feb 2025
1–7 of 14

703, CBD 16 Lady Ratan Manor in numbers

  • Sold twice: first on 16 May 2012 for AED 664,138, last on 24 December 2019 for AED 480,000 (AED 474 per sqft).
  • Rented since January 2014 on 4 Ejari contracts, from AED 62,500 to AED 67,500 a year.
  • At AED 67,500 a year the gross yield on the 2019 price is 14.1%, before a service charge of about AED 10,800 a year (AED 10.70 per sqft).
  • Two-beds in CBD 16 Lady Ratan Manor sold for AED 760,000–760,000 in the 12 months to November 2026; the building's median across all types is AED 833 per sqft.

Source: Dubai Land Department. Updated 24 December 2019.

Questions about 703, CBD 16 Lady Ratan Manor

What did unit 703 last sell for?

AED 480,000 on 24 December 2019: AED 474 per sqft for 1,011 sqft. The unit has 2 registered sales; the first was AED 664,138 in May 2012.

What is the rent for unit 703?

AED 67,500 a year on the contract renewed on 20 January 2017. The previous contract, from January 2016, was AED 67,500; the unit has been rented since January 2014.

How big is unit 703?

1,011 sqft (93.9 sqm): a two-bedroom apartment on the 7th floor of a 10-storey tower completed in 2008.

What is unit 703 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in CBD 16 Lady Ratan Manor sold for AED 760,000 to 760,000 in the last 12 months, around AED 751 per sqft.

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Mortgage on 703, CBD 16 Lady Ratan Manor

Starts from the last sale price (AED 480K, 24 December 2019). Switch to today's estimate once you have unlocked it.
Price
AED 480,000
Deposit, UAE resident (20%)
AED 96,000
Deposit, non-resident (40%)
AED 192,000
Monthly over 25 years at 3.7%
AED 1,964

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