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

111, 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.

Unit 111 · DLD and Ejari recordsUpdated 1 November 2025
Last soldAED 1.25M6 December 2020
Current rentAED 98K /yr1 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 111, Bright Corner

What is 111 worth today?

Last sold for AED 1,250,000 in 2020

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1 Nov 2025RentedNew contract
AED 97,750/yr12 months · AED 78 per sqft
1 Nov 2022RentedNew contract · flagged as an outlier
AED 85,000/yr12 months · AED 68 per sqft
1 Oct 2021RentedNew contract · flagged as an outlier
AED 75,000/yr12 months · AED 60 per sqft
1 Oct 2021RentedNew contract · flagged as an outlier
AED 75,000/yr12 months · AED 60 per sqft
6 Dec 2020Sold by developerReady
AED 1,250,000AED 1,004 per sqft
1 Aug 2020RentedNew contract · flagged as an outlier
AED 70,000/yr12 months · AED 56 per sqft

Source: Dubai Land Department. Updated 1 November 2025.

Key facts

Type
2-bed apartment
Size
1,244 sqft
Floor
1st of 4
Parking
G-10
Developer
Fandah Palace Development
Completed
2019
Service charge
AED 19,100 /yr
Last sold
AED 1.25M · December 2020

About 111, Bright Corner

111 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 6 December 2020 for AED 1,250,000, or AED 1,004 per sqft, in line with the AED 1,002 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 1 November 2025, is AED 97,750 a year: a gross yield of 7.8% on the 2020 price, before the service charge of about AED 19,100 a year.

Sales and rents for 111 over time

Rents
Unit 111, 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 100,000New contract, November 2025: AED 97,750 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 111 sits

All 22 2-beds →

111 last sold in December 2020 at AED 1,004 per sqft, in line with what two-beds in Bright Corner were fetching at the time (AED 1,002). 111's AED 97,750 is in the lower 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 20201,107,000
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
1032-bedNo registered sale
1041-bedAED 910K · Dec 2020
1051-bedNo registered sale
1061-bedAED 910K · Oct 2020
1071-bedNo registered sale
1–7 of 11

111, Bright Corner in numbers

  • Sold once: by Fandah Palace Development on 6 December 2020 for AED 1,250,000, or AED 1,004 per sqft.
  • Rented since August 2020 on 5 Ejari contracts, from AED 70,000 to AED 97,750 a year.
  • At AED 97,750 a year the gross yield on the 2020 price is 7.8%, before a service charge of about AED 19,100 a year (AED 15.33 per sqft).

Source: Dubai Land Department. Updated 1 November 2025.

Questions about 111, Bright Corner

What did unit 111 last sell for?

AED 1,250,000 on 6 December 2020, sold by the developer: AED 1,004 per sqft for 1,244 sqft. It is the only registered sale of the unit.

What is the rent for unit 111?

AED 97,750 a year on the contract signed on 1 November 2025. The previous contract, from November 2022, was AED 85,000; the unit has been rented since August 2020.

How big is unit 111?

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 111 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 111, Bright Corner

Starts from the last sale price (AED 1.25M, 6 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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