1-bed · 989 sqftTaraf 2 Residence, Jumeirah Village Triangle (JVT) · 2nd floor · completed 2023

218, Taraf 2 Residence

Sold prices and rental history: sold once, by the developer in July 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 218 · DLD and Ejari recordsUpdated 1 July 2022
Last soldAED 970K1 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 218, Taraf 2 Residence

What is 218 worth today?

Last sold for AED 970,000 in 2022

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1 Jul 2022Sold by developerOff-plan
AED 970,000AED 980 per sqft

Source: Dubai Land Department. Updated 1 July 2022.

Key facts

Type
1-bed apartment
Size
989 sqft
Floor
2nd of 5
Parking
1
Developer
Taraf Properties DMCC
Completed
2023
Last sold
AED 970K · July 2022

About 218, Taraf 2 Residence

218 is a one-bedroom apartment of 989 sqft on the 2nd floor of Taraf 2 Residence, a 5-storey tower in Jumeirah Village Triangle (JVT) completed in 2023 by Taraf Properties DMCC. The developer sold it on 1 July 2022 for AED 970,000, or AED 980 per sqft, in line with the AED 959 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 218 over time

Sales
Unit 218, each saleTypical one-bed in Taraf 2 Residence
1M1.2M202220242026Typical sale price by year: 2022 AED 950,000; 2023 AED 1,000,000; 2024 AED 1,220,000; 2026 AED 1,320,000Sold by developer, July 2022: AED 970,000 (AED 980 per sqft)

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

Rents
Unit 218, each contractTypical one-bed in Taraf 2 Residence
80K83K85K20232024202520262027Typical rent by year: 2023 AED 80,000; 2024 AED 85,000; 2025 AED 85,000; 2026 AED 85,000

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

1-beds in Taraf 2 Residence, and where 218 sits

All 70 1-beds →

218 last sold in July 2022 at AED 980 per sqft, in line with what one-beds in Taraf 2 Residence were fetching at the time (AED 959). Over the last 12 months one-beds sold for AED 1,000,000 to 1,500,000, around AED 1,137 per sqft, and rent for AED 73,000 to 125,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Oct 20261,330,000
27 Oct 20261,000,000
7 Oct 20261,300,000
22 Jul 20261,100,000
9 1-bed sales in the last 12 months

Taraf 2 Residence

Building

94 apartments, studios to 2-bed over 5 floors in Jumeirah Village Triangle (JVT), completed in 2023 by Taraf Properties DMCC. 10 sold in the last 12 months.

Typical price per sqft
AED 1,116
Typical sale
AED 1.33M
Typical rent
AED 87K /yr
Typical yield
7.3%
Taraf 2 Residence, Jumeirah Village Triangle (JVT): prices, sales and rents →

Other units on the 2nd floor

All 94 units in Taraf 2 Residence
Value
2011-bedAED 855K · Sep 2022
2021-bedAED 900K · Dec 2022
2031-bedAED 1.07M · Oct 2023
2041-bedAED 1M · May 2023
2051-bedAED 1.04M · Oct 2023
2061-bedAED 970K · Oct 2023
2072-bedAED 1.39M · Apr 2023
1–7 of 17

218, Taraf 2 Residence in numbers

  • Sold once: by Taraf Properties DMCC on 1 July 2022 for AED 970,000, or AED 980 per sqft.
  • One-beds in Taraf 2 Residence sold for AED 1,000,000–1,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,116 per sqft.

Source: Dubai Land Department. Updated 1 July 2022.

Questions about 218, Taraf 2 Residence

What did unit 218 last sell for?

AED 970,000 on 1 July 2022, sold by the developer: AED 980 per sqft for 989 sqft. It is the only registered sale of the unit.

How big is unit 218?

989 sqft (91.9 sqm): a one-bedroom apartment on the 2nd floor of a 5-storey tower completed in 2023.

What is unit 218 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Taraf 2 Residence sold for AED 1,000,000 to 1,500,000 in the last 12 months, around AED 1,137 per sqft.

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Mortgage on 218, Taraf 2 Residence

Starts from the last sale price (AED 970K, 1 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 970,000
Deposit, UAE resident (20%)
AED 194,000
Deposit, non-resident (40%)
AED 388,000
Monthly over 25 years at 3.7%
AED 3,969

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