2-bed · 1,244 sqftBright Corner, Meydan City · 1st floor · completed 2019

102, Bright Corner

Sold prices and rental history: sold once, by the developer in March 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 102 · DLD and Ejari recordsUpdated 11 March 2020
Last soldAED 1.47M11 March 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 102, Bright Corner

What is 102 worth today?

Last sold for AED 1,470,000 in 2020

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11 Mar 2020Sold by developerReady
AED 1,470,000AED 1,181 per sqft

Source: Dubai Land Department. Updated 11 March 2020.

Key facts

Type
2-bed apartment
Size
1,244 sqft
Floor
1st of 4
Parking
G-34
Developer
Fandah Palace Development
Completed
2019
Service charge
AED 19,100 /yr
Last sold
AED 1.47M · March 2020

About 102, Bright Corner

102 is a two-bedroom apartment of 1,244 sqft on the 1st floor of Bright Corner, a 4-storey tower in Meydan City completed in 2019 by Fandah Palace Development . The developer sold it on 11 March 2020 for AED 1,470,000, or AED 1,181 per sqft, in line with the AED 1,192 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 102 over time

Rents
Unit 102, each contractTypical two-bed in Bright Corner
80K100K202220242026Typical rent by year: 2022 AED 80,000; 2023 AED 85,000; 2024 AED 105,000; 2025 AED 105,000; 2026 AED 100,000

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

2-beds in Bright Corner, and where 102 sits

All 22 2-beds →

102 last sold in March 2020 at AED 1,181 per sqft, in line with what two-beds in Bright Corner were fetching at the time (AED 1,192).

Recent 2-bed salesUnit no.Price (AED)Summary
7 Dec 20201,107,070
6 Dec 20201,247,430
6 Dec 20201,250,000
6 Dec 20201,250,000
0 2-bed sales in the last 12 months

Bright Corner

Building

40 apartments, 1-bed to 2-bed over 4 floors in Meydan City, completed in 2019 by Fandah Palace Development . 1 sold in the last 12 months.

Typical price per sqft
AED 1,172
Typical sale
AED 465K
Typical rent
AED 90K /yr
Typical yield
7.2%
Bright Corner, Meydan City: prices, sales and rents →

Other units on the 1st floor

All 40 units in Bright Corner
Value
1012-bedAED 1.25M · Dec 2020
1032-bedNo registered sale
1041-bedAED 910K · Dec 2020
1051-bedNo registered sale
1061-bedAED 910K · Oct 2020
1071-bedNo registered sale
1081-bedAED 797K · Dec 2020
1–7 of 11

102, Bright Corner in numbers

  • Sold once: by Fandah Palace Development on 11 March 2020 for AED 1,470,000, or AED 1,181 per sqft.

Source: Dubai Land Department. Updated 11 March 2020.

Questions about 102, Bright Corner

What did unit 102 last sell for?

AED 1,470,000 on 11 March 2020, sold by the developer: AED 1,181 per sqft for 1,244 sqft. It is the only registered sale of the unit.

How big is unit 102?

1,244 sqft (115.6 sqm): a two-bedroom apartment on the 1st floor of a 4-storey tower completed in 2019.

What is unit 102 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 102, Bright Corner

Starts from the last sale price (AED 1.47M, 11 March 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,470,000
Deposit, UAE resident (20%)
AED 294,000
Deposit, non-resident (40%)
AED 588,000
Monthly over 25 years at 3.7%
AED 6,014

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