1-bed · 1,037 sqftCBD 32 Classic Apartment, International City · 7th floor · completed 2010

708, CBD 32 Classic Apartment

Sold prices and rental history: sold twice, last in June 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 708 · DLD and Ejari recordsUpdated 6 June 2023
Last soldAED 460K6 June 2023
Current rentAED 30K /yr1 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 708, CBD 32 Classic Apartment

What is 708 worth today?

Last sold for AED 460,000 in 2023

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6 Jun 2023SoldReady
AED 460,000AED 443 per sqft
1 Aug 2022RentedRenewal
AED 30,000/yr12 months · AED 29 per sqft
1 Aug 2021RentedRenewal
AED 27,000/yr12 months · AED 26 per sqft
1 Aug 2020RentedNew contract
AED 30,000/yr12 months · AED 29 per sqft
1 May 2019RentedRenewal
AED 42,000/yr12 months · AED 41 per sqft
1 May 2018RentedNew contract
AED 42,000/yr12 months · AED 41 per sqft
20 Jul 2017RentedNew contract
AED 44,000/yr12 months · AED 43 per sqft
6 Jan 2016RentedNew contract
AED 56,000/yr12 months · AED 54 per sqft

Source: Dubai Land Department. Updated 6 June 2023.

Key facts

Type
1-bed apartment
Size
1,037 sqft
Floor
7th of 10
Parking
G-32
Developer
Sheffield Real Estate
Completed
2010
Service charge
AED 10,700 /yr
Last sold
AED 460K · June 2023

About 708, CBD 32 Classic Apartment

708 is a one-bedroom apartment of 1,037 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 6 June 2023 for AED 460,000, or AED 443 per sqft, 18% above the AED 377 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 1 August 2022, is AED 30,000 a year: a gross yield of 6.5% on the 2023 price, before the service charge of about AED 10,700 a year.

Sales and rents for 708 over time

Sales
Unit 708, 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, May 2012: AED 340,000 (AED 327 per sqft)Sold, June 2023: AED 460,000 (AED 443 per sqft)

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

Rents
Unit 708, each contractTypical one-bed in CBD 32 Classic Apartment
40K60K2012201620202024Typical 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, January 2015: AED 55,000 a yearNew contract, January 2016: AED 56,000 a yearNew contract, July 2017: AED 44,000 a yearNew contract, May 2018: AED 42,000 a yearRenewal, May 2019: AED 42,000 a yearNew contract, August 2020: AED 30,000 a yearRenewal, August 2021: AED 27,000 a yearRenewal, August 2022: AED 30,000 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 708 sits

All 140 1-beds →

708 last sold in June 2023 at AED 443 per sqft, 18% above what one-beds in CBD 32 Classic Apartment were fetching at the time (AED 377). 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. 708's AED 30,000 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
7041-bedAED 620K · May 2015
7051-bedAED 600K · Feb 2022
7061-bedAED 618K · Feb 2011
7071-bedAED 500K · Sep 2021
1–7 of 13

708, CBD 32 Classic Apartment in numbers

  • Sold twice: first on 27 May 2012 for AED 340,000, last on 6 June 2023 for AED 460,000 (AED 443 per sqft).
  • Rented since January 2015 on 8 Ejari contracts. The rent fell from AED 55,000 to AED 27,000 in 2021 and recovered to AED 30,000 by August 2022.
  • At AED 30,000 a year the gross yield on the 2023 price is 6.5%, before a service charge of about AED 10,700 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 6 June 2023.

Questions about 708, CBD 32 Classic Apartment

What did unit 708 last sell for?

AED 460,000 on 6 June 2023: AED 443 per sqft for 1,037 sqft. The unit has 2 registered sales; the first was AED 340,000 in May 2012.

What is the rent for unit 708?

AED 30,000 a year on the contract renewed on 1 August 2022. The previous contract, from August 2021, was AED 27,000; the unit has been rented since January 2015.

How big is unit 708?

1,037 sqft (96.3 sqm): a one-bedroom apartment on the 7th floor of a 10-storey tower completed in 2010.

What is unit 708 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 708, CBD 32 Classic Apartment

Starts from the last sale price (AED 460K, 6 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 460,000
Deposit, UAE resident (20%)
AED 92,000
Deposit, non-resident (40%)
AED 184,000
Monthly over 25 years at 3.7%
AED 1,882

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