231, Bvlgari Residences 2
Sold prices and rental history: sold 4 times, last in November 2024, and rented once, from April 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 231, Bvlgari Residences 2
What is 231 worth today?
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Source: Dubai Land Department. Updated 27 November 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 2,630 sqft
- Floor
- 3rd of 7
- Parking
- L1-057, L1-058
- Developer
- Meraas
- Completed
- 2016
- Last sold
- AED 27.75M · November 2024
- Building
- Bvlgari Residences 2
About 231, Bvlgari Residences 2
231 is a three-bedroom apartment of 2,630 sqft on the 3rd floor of Bvlgari Residences 2, a 7-storey tower in Jumeirah Bay Island completed in 2016 by Meraas. It last sold on 27 November 2024 for AED 27,750,000, or AED 10,550 per sqft, 19% below the AED 13,023 three-beds in the building were fetching at the time.
One Ejari contract is registered, from 20 April 2020. The current contract, signed on 20 April 2020, is AED 300,000 a year: a gross yield of 1.1% on the 2024 price.
Sales and rents for 231 over time
231 has sold 4 times; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Bvlgari Residences 2, and where 231 sits
All 11 3-beds →231 last sold in November 2024 at AED 10,550 per sqft, 19% below what three-beds in Bvlgari Residences 2 were fetching at the time (AED 13,023).
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 May 20257 May 2025 | 2,611 sqft | 42,000,000 | 16,088 | ||
| 17 Apr 202517 April 2025 | 2,611 sqft | 35,000,000 | 13,407 | ||
| 30 Sep 202430 September 2024 | 2,611 sqft | 45,000,000 | 17,237 | ||
| 28 May 202428 May 2024 | 2,630 sqft | 38,500,000 | 14,637 |
Bvlgari Residences 2
Building34 apartments, 1-bed to 4-bed over 7 floors in Jumeirah Bay Island, completed in 2016 by Meraas. 2 sold in the last 12 months.
- Typical price per sqft
- AED 10,450
- Typical sale
- AED 20.25M
- Typical rent
- AED 200K /yr
- Typical yield
- 0.7%
Other units on the 3rd floor
All 34 units in Bvlgari Residences 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 232 | 2-bed | 1,938 sqft | AED 8.59MAED 8,585,000 · Jun 2021June 2021 | ||
| 233 | 1-bed | 1,619 sqft | AED 10.9MAED 10,900,000 · May 2023May 2023 | 810,000 /yr | |
| 234 | 2-bed | 2,245 sqft | AED 6.38MAED 6,375,000 · Feb 2020February 2020 | ||
| 235 | 2-bed | 1,932 sqft | AED 19.2MAED 19,200,000 · Mar 2024March 2024 | 940,000 /yr | |
| 236 | 3-bed | 2,611 sqft | AED 35MAED 35,000,000 · Apr 2025April 2025 | 200,000 /yr |
231, Bvlgari Residences 2 in numbers
- Sold 4 times: first on 21 December 2017 for AED 8,603,000, last on 27 November 2024 for AED 27,750,000 (AED 10,550 per sqft).
- Rented since April 2020 on one Ejari contract, at AED 300,000 a year.
- At AED 300,000 a year the gross yield on the 2024 price is 1.1%.
Source: Dubai Land Department. Updated 27 November 2024.
Questions about 231, Bvlgari Residences 2
What did unit 231 last sell for?
AED 27,750,000 on 27 November 2024: AED 10,550 per sqft for 2,630 sqft. The unit has 4 registered sales; the first was AED 8,603,000 in December 2017.
What is the rent for unit 231?
AED 300,000 a year on the contract signed on 20 April 2020.
How big is unit 231?
2,630 sqft (244.3 sqm): a three-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2016.
What is unit 231 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 231, Bvlgari Residences 2
Starts from the last sale price (AED 27.75M, 27 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 27,750,000
- Deposit, UAE resident (20%)
- AED 5,550,000
- Deposit, non-resident (40%)
- AED 11,100,000
- Monthly over 25 years at 3.7%
- AED 113,534
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →