108, Bright Corner
Sold prices and rental history: sold once, by the developer in December 2020, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 108, Bright Corner
What is 108 worth today?
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Source: Dubai Land Department. Updated 7 December 2020.
Key facts
- Type
- 1-bed apartment
- Size
- 793 sqft
- Floor
- 1st of 4
- Parking
- G-07
- Developer
- Fandah Palace Development
- Completed
- 2019
- Service charge
- AED 12,200 /yr
- Last sold
- AED 797K · December 2020
- Building
- Bright Corner
About 108, Bright Corner
108 is a one-bedroom apartment of 793 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 7 December 2020 for AED 797,390, or AED 1,005 per sqft, in line with the AED 1,000 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 17 August 2020, is AED 50,000 a year: a gross yield of 6.3% on the 2020 price, before the service charge of about AED 12,200 a year.
Sales and rents for 108 over time
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Bright Corner, and where 108 sits
All 18 1-beds →108 last sold in December 2020 at AED 1,005 per sqft, in line with what one-beds in Bright Corner were fetching at the time (AED 1,000). Over the last 12 months one-beds sold for AED 465,000, around AED 1,172 per sqft, and rent for AED 63,250 to 80,000 a year. 108's AED 50,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Nov 202528 November 2025 | 397 sqft | 465,000 | 1,172 | ||
| 6 Dec 20206 December 2020 | 906 sqft | 905,780 | 999 | ||
| 6 Dec 20206 December 2020 | 909 sqft | 909,340 | 1,000 | ||
| 6 Dec 20206 December 2020 | 909 sqft | 910,000 | 1,000 |
Bright Corner
Building40 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%
Other units on the 1st floor
All 40 units in Bright Corner| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 2-bed | 1,247 sqft | AED 1.25MAED 1,247,430 · Dec 2020December 2020 | 110,000 /yr | |
| 102 | 2-bed | 1,244 sqft | AED 1.47MAED 1,470,000 · Mar 2020March 2020 | ||
| 103 | 2-bed | 1,107 sqft | No registered sale | 100,000 /yr | |
| 104 | 1-bed | 909 sqft | AED 910KAED 910,000 · Dec 2020December 2020 | 80,000 /yr | |
| 105 | 1-bed | 793 sqft | No registered sale | 66,990 /yr | |
| 106 | 1-bed | 906 sqft | AED 910KAED 910,000 · Oct 2020October 2020 | 55,000 /yr | |
| 107 | 1-bed | 904 sqft | No registered sale | 75,000 /yr | |
| 109 | 1-bed | 909 sqft | AED 909KAED 909,340 · Dec 2020December 2020 | 80,000 /yr | |
| 110 | 2-bed | 1,107 sqft | No registered sale | 100,000 /yr | |
| 111 | 2-bed | 1,244 sqft | AED 1.25MAED 1,250,000 · Dec 2020December 2020 | 97,750 /yr | |
| 112 | 2-bed | 1,247 sqft | AED 1.25MAED 1,250,000 · Oct 2020October 2020 | 59,679 /yr |
108, Bright Corner in numbers
- Sold once: by Fandah Palace Development on 7 December 2020 for AED 797,390, or AED 1,005 per sqft.
- Rented since April 2020 on 4 Ejari contracts, at AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2020 price is 6.3%, before a service charge of about AED 12,200 a year (AED 15.33 per sqft).
- One-beds in Bright Corner sold for AED 465,000–465,000 in the 12 months to November 2026; the building's median across all types is AED 1,172 per sqft.
Source: Dubai Land Department. Updated 7 December 2020.
Questions about 108, Bright Corner
What did unit 108 last sell for?
AED 797,390 on 7 December 2020, sold by the developer: AED 1,005 per sqft for 793 sqft. It is the only registered sale of the unit.
What is the rent for unit 108?
AED 50,000 a year on the contract signed on 17 August 2020. The previous contract, from August 2020, was AED 50,000; the unit has been rented since April 2020.
How big is unit 108?
793 sqft (73.7 sqm): a one-bedroom apartment on the 1st floor of a 4-storey tower completed in 2019.
What is unit 108 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Bright Corner sold for AED 465,000 to 465,000 in the last 12 months, around AED 1,172 per sqft.
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Mortgage on 108, Bright Corner
Starts from the last sale price (AED 797K, 7 December 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 797,390
- Deposit, UAE resident (20%)
- AED 159,478
- Deposit, non-resident (40%)
- AED 318,956
- Monthly over 25 years at 3.7%
- AED 3,262
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →