2-bed · 1,107 sqftBright Corner, Meydan City · 1st floor · completed 2019

103, Bright Corner

Sold prices and rental history: no registered sale, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 20 November 2024
Current rentAED 100K /yr20 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, Bright Corner

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20 Nov 2024RentedNew contract
AED 100,000/yr12 months · AED 90 per sqft
20 Nov 2023RentedNew contract
AED 80,000/yr12 months · AED 72 per sqft
20 Oct 2022RentedNew contract
AED 80,000/yr12 months · AED 72 per sqft
5 Aug 2021RentedRenewal · flagged as an outlier
AED 65,000/yr12 months · AED 59 per sqft
5 Aug 2020RentedNew contract · flagged as an outlier
AED 65,000/yr12 months · AED 59 per sqft
1 Feb 2020RentedNew contract
AED 80,000/yr12 months · AED 72 per sqft

Source: Dubai Land Department. Updated 20 November 2024.

Key facts

Type
2-bed apartment
Size
1,107 sqft
Floor
1st of 4
Parking
G-02
Developer
Fandah Palace Development
Completed
2019
Service charge
AED 17,000 /yr
Last sold
No registered sale

About 103, Bright Corner

103 is a two-bedroom apartment of 1,107 sqft on the 1st floor of Bright Corner, a 4-storey tower in Meydan City completed in 2019 by Fandah Palace Development . No sale of the unit is registered with the Dubai Land Department.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 20 November 2024, is AED 100,000 a year, before the service charge of about AED 17,000 a year.

Sales and rents for 103 over time

Rents
Unit 103, each contractTypical two-bed in Bright Corner
80K100K2020202220242026Typical rent by year: 2022 AED 80,000; 2023 AED 85,000; 2024 AED 105,000; 2025 AED 105,000; 2026 AED 100,000New contract, February 2020: AED 80,000 a yearNew contract, October 2022: AED 80,000 a yearNew contract, November 2023: AED 80,000 a yearNew contract, November 2024: AED 100,000 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 Bright Corner, and where 103 sits

All 22 2-beds →

103's AED 100,000 is in the upper half of that range.

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
1022-bedAED 1.47M · Mar 2020
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

103, Bright Corner in numbers

  • No sale of the unit is registered with the Dubai Land Department.
  • Rented since February 2020 on 6 Ejari contracts. The rent fell from AED 80,000 to AED 65,000 in 2021 and recovered to AED 100,000 by November 2024.

Source: Dubai Land Department. Updated 20 November 2024.

Questions about 103, Bright Corner

What is the rent for unit 103?

AED 100,000 a year on the contract signed on 20 November 2024. The previous contract, from November 2023, was AED 80,000; the unit has been rented since February 2020.

How big is unit 103?

1,107 sqft (102.8 sqm): a two-bedroom apartment on the 1st floor of a 4-storey tower completed in 2019.

What is unit 103 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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