1-bed · 929 sqftCBD 32 Classic Apartment, International City · 7th floor · completed 2010

703, CBD 32 Classic Apartment

Sold prices and rental history: sold 3 times, last in November 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 20 December 2019
Last soldAED 425K14 November 2019
Current rentAED 36K /yr20 December 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, CBD 32 Classic Apartment

What is 703 worth today?

Last sold for AED 425,000 in 2019

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20 Dec 2019RentedNew contract
AED 35,500/yr12 months · AED 38 per sqft
14 Nov 2019SoldReady
AED 425,000AED 457 per sqft
5 Jun 2018RentedNew contract
AED 41,000/yr12 months · AED 44 per sqft
14 May 2016RentedRenewal
AED 55,000/yr12 months · AED 59 per sqft
14 May 2015RentedRenewal
AED 55,000/yr12 months · AED 59 per sqft
14 May 2014RentedNew contract
AED 45,000/yr12 months · AED 49 per sqft
2 Feb 2011SoldReady
AED 608,495AED 654 per sqft
17 Mar 2010Sold by developerOff-plan
AED 608,495AED 654 per sqft

Source: Dubai Land Department. Updated 20 December 2019.

Key facts

Type
1-bed apartment
Size
929 sqft
Floor
7th of 10
Parking
G-33
Developer
Sheffield Real Estate
Completed
2010
Service charge
AED 9,600 /yr
Last sold
AED 425K · November 2019

About 703, CBD 32 Classic Apartment

703 is a one-bedroom apartment of 929 sqft on the 7th floor of CBD 32 Classic Apartment, a 10-storey tower in International City completed in 2010 by Sheffield Real Estate. It last sold on 14 November 2019 for AED 425,000, or AED 457 per sqft, in line with the AED 457 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 20 December 2019, is AED 35,500 a year: a gross yield of 8.3% on the 2019 price, before the service charge of about AED 9,600 a year.

Sales and rents for 703 over time

Sales
Unit 703, each saleTypical one-bed in CBD 32 Classic Apartment
400K600K2009201420192024Typical sale price by year: 2009 AED 654,590; 2010 AED 631,720; 2011 AED 613,140; 2012 AED 642,940; 2013 AED 367,900; 2014 AED 600,000; 2015 AED 620,000; 2016 AED 650,000; 2017 AED 594,560; 2018 AED 630,000; 2019 AED 427,500; 2020 AED 350,000; 2021 AED 500,000; 2022 AED 400,350; 2023 AED 415,000; 2024 AED 518,343; 2025 AED 587,500; 2026 AED 595,000Sold by developer, March 2010: AED 608,495 (AED 654 per sqft)Sold, February 2011: AED 608,495 (AED 654 per sqft)Sold, November 2019: AED 425,000 (AED 457 per sqft)

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

Rents
Unit 703, each contractTypical one-bed in CBD 32 Classic Apartment
40K2012201620202024Typical rent by year: 2012 AED 34,000; 2013 AED 38,000; 2014 AED 44,000; 2015 AED 50,000; 2016 AED 50,000; 2017 AED 49,000; 2018 AED 45,000; 2019 AED 40,000; 2020 AED 33,000; 2021 AED 30,000; 2022 AED 31,000; 2023 AED 35,000; 2024 AED 38,785; 2025 AED 45,000; 2026 AED 47,250New contract, May 2014: AED 45,000 a yearRenewal, May 2015: AED 55,000 a yearRenewal, May 2016: AED 55,000 a yearNew contract, June 2018: AED 41,000 a yearNew contract, December 2019: AED 35,500 a year

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

1-beds in CBD 32 Classic Apartment, and where 703 sits

All 140 1-beds →

703 last sold in November 2019 at AED 457 per sqft, in line with what one-beds in CBD 32 Classic Apartment were fetching at the time (AED 457). Over the last 12 months one-beds sold for AED 433,000 to 700,000, around AED 592 per sqft, and rent for AED 37,200 to 76,000 a year. 703's AED 35,500 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
21 Oct 2026600,000
21 Oct 2026570,000
8 Sep 2026620,000
13 Aug 2026580,000
33 1-bed sales in the last 12 months

CBD 32 Classic Apartment

Building

140 apartments, 1-bed over 10 floors in International City, completed in 2010 by Sheffield Real Estate. 33 sold in the last 12 months.

Typical price per sqft
AED 592 Up 9.6%
Typical sale
AED 595K
Typical rent
AED 47K /yr
Typical yield
8.2%
CBD 32 Classic Apartment, International City: prices, sales and rents →

Other units on the 7th floor

All 140 units in CBD 32 Classic Apartment
Value
7011-bedAED 570K · May 2011
7021-bedAED 490K · Apr 2016
7041-bedAED 620K · May 2015
7051-bedAED 600K · Feb 2022
7061-bedAED 618K · Feb 2011
7071-bedAED 500K · Sep 2021
7081-bedAED 460K · Jun 2023
1–7 of 13

703, CBD 32 Classic Apartment in numbers

  • Sold 3 times: first on 17 March 2010 for AED 608,495, last on 14 November 2019 for AED 425,000 (AED 457 per sqft).
  • Rented since May 2014 on 5 Ejari contracts, from AED 45,000 to AED 35,500 a year.
  • At AED 35,500 a year the gross yield on the 2019 price is 8.3%, before a service charge of about AED 9,600 a year (AED 10.35 per sqft).
  • One-beds in CBD 32 Classic Apartment sold for AED 433,000–700,000 in the 12 months to November 2026; the building's median across all types is AED 592 per sqft.

Source: Dubai Land Department. Updated 20 December 2019.

Questions about 703, CBD 32 Classic Apartment

What did unit 703 last sell for?

AED 425,000 on 14 November 2019: AED 457 per sqft for 929 sqft. The unit has 3 registered sales; the first was AED 608,495 in March 2010.

What is the rent for unit 703?

AED 35,500 a year on the contract signed on 20 December 2019. The previous contract, from June 2018, was AED 41,000; the unit has been rented since May 2014.

How big is unit 703?

929 sqft (86.3 sqm): a one-bedroom apartment on the 7th floor of a 10-storey tower completed in 2010.

What is unit 703 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in CBD 32 Classic Apartment sold for AED 433,000 to 700,000 in the last 12 months, around AED 592 per sqft.

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Mortgage on 703, CBD 32 Classic Apartment

Starts from the last sale price (AED 425K, 14 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 425,000
Deposit, UAE resident (20%)
AED 85,000
Deposit, non-resident (40%)
AED 170,000
Monthly over 25 years at 3.7%
AED 1,739

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