2-bed · 1,490 sqftCleopatra Tower, Living Legends · 12th floor · completed 2020

1214, Cleopatra Tower

Sold prices and rental history: sold once, by the developer in June 2022, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1214 · DLD and Ejari recordsUpdated 10 September 2024
Last soldAED 650K17 June 2022
Current rentAED 74K /yr10 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1214, Cleopatra Tower

What is 1214 worth today?

Last sold for AED 650,000 in 2022

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10 Sep 2024RentedRenewal
AED 73,500/yr12 months · AED 49 per sqft
10 Sep 2023RentedNew contract
AED 70,000/yr12 months · AED 47 per sqft
17 Jun 2022Sold by developerReady
AED 650,000AED 436 per sqft

Source: Dubai Land Department. Updated 10 September 2024.

Key facts

Type
2-bed apartment
Size
1,490 sqft
Floor
12th of 12
Parking
G-19
Developer
Tanmiyat Global Real Estate Development
Completed
2020
Service charge
AED 24,800 /yr
Last sold
AED 650K · June 2022

About 1214, Cleopatra Tower

1214 is a two-bedroom apartment of 1,490 sqft on the 12th floor of Cleopatra Tower, a 12-storey tower in Living Legends completed in 2020 by Tanmiyat Global Real Estate Development. The developer sold it on 17 June 2022 for AED 650,000, or AED 436 per sqft, 5% below the AED 459 two-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 10 September 2024, is AED 73,500 a year: a gross yield of 11.3% on the 2022 price, before the service charge of about AED 24,800 a year.

Sales and rents for 1214 over time

Sales
Unit 1214, each saleTypical two-bed in Cleopatra Tower
1M2010201520202025Typical sale price by year: 2010 AED 1,059,963; 2016 AED 1,195,971; 2017 AED 1,070,056; 2019 AED 877,085; 2021 AED 750,000; 2022 AED 663,464; 2024 AED 1,050,000; 2025 AED 1,180,000; 2026 AED 1,225,000Sold by developer, June 2022: AED 650,000 (AED 436 per sqft)

1214 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1214, each contractTypical two-bed in Cleopatra Tower
60K80K2021202320252027Typical rent by year: 2021 AED 55,000; 2022 AED 55,000; 2023 AED 61,163; 2024 AED 72,000; 2025 AED 71,020; 2026 AED 85,000New contract, September 2023: AED 70,000 a yearRenewal, September 2024: AED 73,500 a year

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

2-beds in Cleopatra Tower, and where 1214 sits

All 45 2-beds →

1214 last sold in June 2022 at AED 436 per sqft, 5% below what two-beds in Cleopatra Tower were fetching at the time (AED 459). Over the last 12 months two-beds sold for AED 1,000,000 to 1,460,000, around AED 861 per sqft, and rent for AED 66,149 to 90,000 a year. 1214's AED 73,500 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Sep 20261,350,000
18 Aug 20261,225,000
3 Aug 20261,460,000
13 Jul 20261,225,000
8 2-bed sales in the last 12 months

Cleopatra Tower

Building

159 apartments, studios to 3-bed over 12 floors in Living Legends, completed in 2020 by Tanmiyat Global Real Estate Development. 22 sold in the last 12 months.

Typical price per sqft
AED 840 Up 5.5%
Typical sale
AED 1.17M
Typical rent
AED 65K /yr
Typical yield
7.4%
Cleopatra Tower, Living Legends: prices, sales and rents →

Other units on the 12th floor

All 159 units in Cleopatra Tower
Value
12011-bedAED 360K · Feb 2022
12021-bedAED 480K · Jan 2023
12032-bedAED 700K · Aug 2022
12041-bedAED 365K · Mar 2022
12051-bedAED 750K · Apr 2025
12062-bedAED 682K · Apr 2022
12071-bedAED 457K · Apr 2021
1–7 of 15

1214, Cleopatra Tower in numbers

  • Sold once: by Tanmiyat Global Real Estate Development on 17 June 2022 for AED 650,000, or AED 436 per sqft.
  • Rented since September 2023 on 2 Ejari contracts, from AED 70,000 to AED 73,500 a year.
  • At AED 73,500 a year the gross yield on the 2022 price is 11.3%, before a service charge of about AED 24,800 a year (AED 16.64 per sqft).
  • Two-beds in Cleopatra Tower sold for AED 1,000,000–1,460,000 in the 12 months to November 2026; the building's median across all types is AED 840 per sqft.

Source: Dubai Land Department. Updated 10 September 2024.

Questions about 1214, Cleopatra Tower

What did unit 1214 last sell for?

AED 650,000 on 17 June 2022, sold by the developer: AED 436 per sqft for 1,490 sqft. It is the only registered sale of the unit.

What is the rent for unit 1214?

AED 73,500 a year on the contract renewed on 10 September 2024. The previous contract, from September 2023, was AED 70,000.

How big is unit 1214?

1,490 sqft (138.4 sqm): a two-bedroom apartment on the 12th floor of a 12-storey tower completed in 2020.

What is unit 1214 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Cleopatra Tower sold for AED 1,000,000 to 1,460,000 in the last 12 months, around AED 861 per sqft.

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Mortgage on 1214, Cleopatra Tower

Starts from the last sale price (AED 650K, 17 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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