2-bed · 1,383 sqftThe Ivy, Jumeirah Village Triangle (JVT) · 15th floor · completed 2024

1511, The Ivy

Sold prices and rental history: sold twice, last in November 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1511 · DLD and Ejari recordsUpdated 28 November 2024
Last soldAED 2.4M28 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1511, The Ivy

What is 1511 worth today?

Last sold for AED 2,400,000 in 2024

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28 Nov 2024SoldReady
AED 2,400,000AED 1,735 per sqft
7 Apr 2023Sold by developerOff-plan
AED 1,721,986AED 1,244 per sqft

Source: Dubai Land Department. Updated 28 November 2024.

Key facts

Type
2-bed apartment
Size
1,383 sqft
Floor
15th of 15
Parking
P1-33, P1-34
Developer
Metrical Real Estate Development
Completed
2024
Last sold
AED 2.4M · November 2024
Building
The Ivy

About 1511, The Ivy

1511 is a two-bedroom apartment of 1,383 sqft on the 15th floor of The Ivy, a 15-storey tower in Jumeirah Village Triangle (JVT) completed in 2024 by Metrical Real Estate Development . It last sold on 28 November 2024 for AED 2,400,000, or AED 1,735 per sqft, 26% above the AED 1,375 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1511 over time

Sales
Unit 1511, each saleTypical two-bed in The Ivy
2M2.5M2022202320242025Typical sale price by year: 2022 AED 1,785,000; 2023 AED 1,800,222; 2024 AED 2,150,000Sold by developer, April 2023: AED 1,721,986 (AED 1,244 per sqft)Sold, November 2024: AED 2,400,000 (AED 1,735 per sqft)

1511 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1511, each contractTypical two-bed in The Ivy
160K180K200K202420252026Typical rent by year: 2024 AED 180,000; 2025 AED 180,000

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

2-beds in The Ivy, and where 1511 sits

All 10 2-beds →

1511 last sold in November 2024 at AED 1,735 per sqft, 26% above what two-beds in The Ivy were fetching at the time (AED 1,375).

Recent 2-bed salesUnit no.Price (AED)Summary
25 Feb 20251,950,000
7 May 20242,150,000
1 Apr 20241,086,356
29 Nov 20231,418,026
0 2-bed sales in the last 12 months

The Ivy

Building

220 apartments, studios to 2-bed over 15 floors in Jumeirah Village Triangle (JVT), completed in 2024 by Metrical Real Estate Development . 15 sold in the last 12 months.

Typical price per sqft
AED 1,333 Down 9.2%
Typical sale
AED 1.05M
Typical rent
AED 80K /yr
Typical yield
8.2%
The Ivy, Jumeirah Village Triangle (JVT): prices, sales and rents →

Other units on the 15th floor

All 220 units in The Ivy
Value
15042-bedAED 1.95M · Feb 2025
15052-bedAED 1.79M · Nov 2022
15062-bedAED 1.78M · Nov 2022
15072-bedAED 2.15M · May 2024
15082-bedAED 2.15M · Oct 2023
15092-bedAED 1.09M · Apr 2024
15102-bedAED 1.8M · Aug 2023
1–7 of 9

1511, The Ivy in numbers

  • Sold twice: first on 7 April 2023 for AED 1,721,986, last on 28 November 2024 for AED 2,400,000 (AED 1,735 per sqft).

Source: Dubai Land Department. Updated 28 November 2024.

Questions about 1511, The Ivy

What did unit 1511 last sell for?

AED 2,400,000 on 28 November 2024: AED 1,735 per sqft for 1,383 sqft. The unit has 2 registered sales; the first was AED 1,721,986 in April 2023.

How big is unit 1511?

1,383 sqft (128.5 sqm): a two-bedroom apartment on the 15th floor of a 15-storey tower completed in 2024.

What is unit 1511 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 1511, The Ivy

Starts from the last sale price (AED 2.4M, 28 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

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