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

704, CBD 32 Classic Apartment

Sold prices and rental history: sold twice, last in May 2015, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 11 May 2021
Last soldAED 620K28 May 2015
Current rentAED 28K /yr11 May 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, CBD 32 Classic Apartment

What is 704 worth today?

Last sold for AED 620,000 in 2015

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11 May 2021RentedNew contract
AED 28,000/yr12 months · AED 30 per sqft
1 Aug 2020RentedRenewal
AED 32,000/yr12 months · AED 35 per sqft
1 Aug 2019RentedRenewal
AED 42,000/yr12 months · AED 45 per sqft
1 Aug 2018RentedRenewal
AED 45,000/yr12 months · AED 49 per sqft
1 Aug 2017RentedNew contract
AED 48,000/yr12 months · AED 52 per sqft
28 May 2015SoldReady
AED 620,000AED 667 per sqft
27 Feb 2013RentedNew contract
AED 35,000/yr12 months · AED 38 per sqft
23 Jan 2011Sold by developerReady
AED 308,809AED 332 per sqft

Source: Dubai Land Department. Updated 11 May 2021.

Key facts

Type
1-bed apartment
Size
929 sqft
Floor
7th of 10
Parking
G-39
Developer
Sheffield Real Estate
Completed
2010
Service charge
AED 9,600 /yr
Last sold
AED 620K · May 2015

About 704, CBD 32 Classic Apartment

704 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 28 May 2015 for AED 620,000, or AED 667 per sqft, in line with the AED 664 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 11 May 2021, is AED 28,000 a year: a gross yield of 4.5% on the 2015 price, before the service charge of about AED 9,600 a year.

Sales and rents for 704 over time

Sales
Unit 704, 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, January 2011: AED 308,809 (AED 332 per sqft)Sold, May 2015: AED 620,000 (AED 667 per sqft)

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

Rents
Unit 704, each contractTypical one-bed in CBD 32 Classic Apartment
30K40K50K2012201620202024Typical 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, February 2013: AED 35,000 a yearNew contract, August 2017: AED 48,000 a yearRenewal, August 2018: AED 45,000 a yearRenewal, August 2019: AED 42,000 a yearRenewal, August 2020: AED 32,000 a yearNew contract, May 2021: AED 28,000 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 704 sits

All 140 1-beds →

704 last sold in May 2015 at AED 667 per sqft, in line with what one-beds in CBD 32 Classic Apartment were fetching at the time (AED 664). 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. 704's AED 28,000 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
7031-bedAED 425K · Nov 2019
7051-bedAED 600K · Feb 2022
7061-bedAED 618K · Feb 2011
7071-bedAED 500K · Sep 2021
7081-bedAED 460K · Jun 2023
1–7 of 13

704, CBD 32 Classic Apartment in numbers

  • Sold twice: first on 23 January 2011 for AED 308,809, last on 28 May 2015 for AED 620,000 (AED 667 per sqft).
  • Rented since February 2013 on 6 Ejari contracts, from AED 35,000 to AED 28,000 a year.
  • At AED 28,000 a year the gross yield on the 2015 price is 4.5%, 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 11 May 2021.

Questions about 704, CBD 32 Classic Apartment

What did unit 704 last sell for?

AED 620,000 on 28 May 2015: AED 667 per sqft for 929 sqft. The unit has 2 registered sales; the first was AED 308,809 in January 2011.

What is the rent for unit 704?

AED 28,000 a year on the contract signed on 11 May 2021. The previous contract, from August 2020, was AED 32,000; the unit has been rented since February 2013.

How big is unit 704?

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

What is unit 704 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 704, CBD 32 Classic Apartment

Starts from the last sale price (AED 620K, 28 May 2015). Switch to today's estimate once you have unlocked it.
Price
AED 620,000
Deposit, UAE resident (20%)
AED 124,000
Deposit, non-resident (40%)
AED 248,000
Monthly over 25 years at 3.7%
AED 2,537

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