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

202, Bright Corner

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

Unit 202 · DLD and Ejari recordsUpdated 1 January 2023
Current rentAED 90K /yr1 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 202, Bright Corner

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1 Jan 2023RentedNew contract
AED 90,000/yr12 months · AED 72 per sqft
1 Jun 2020RentedNew contract · flagged as an outlier
AED 75,000/yr12 months · AED 60 per sqft
1 Jun 2020RentedNew contract · flagged as an outlier
AED 75,000/yr12 months · AED 60 per sqft

Source: Dubai Land Department. Updated 1 January 2023.

Key facts

Type
2-bed apartment
Size
1,244 sqft
Floor
2nd of 4
Parking
G-13
Developer
Fandah Palace Development
Completed
2019
Service charge
AED 19,100 /yr
Last sold
No registered sale

About 202, Bright Corner

202 is a two-bedroom apartment of 1,244 sqft on the 2nd 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 since 2020 on 3 Ejari contracts. The current contract, signed on 1 January 2023, is AED 90,000 a year, before the service charge of about AED 19,100 a year.

Sales and rents for 202 over time

Rents
Unit 202, 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, January 2023: AED 90,000 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 202 sits

All 22 2-beds →

202's AED 90,000 is at the bottom 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 2nd floor

All 40 units in Bright Corner
Value
2012-bedAED 1.25M · Oct 2020
2032-bedAED 1.43M · Dec 2017
2041-bedAED 1M · Sep 2017
2051-bedAED 465K · Nov 2025
2061-bedAED 906K · Dec 2020
2071-bedAED 1M · Oct 2019
2081-bedAED 797K · Nov 2020
1–7 of 11

202, Bright Corner in numbers

  • No sale of the unit is registered with the Dubai Land Department.
  • Rented since June 2020 on 3 Ejari contracts, from AED 75,000 to AED 90,000 a year.

Source: Dubai Land Department. Updated 1 January 2023.

Questions about 202, Bright Corner

What is the rent for unit 202?

AED 90,000 a year on the contract signed on 1 January 2023. The previous contract, from June 2020, was AED 75,000; the unit has been rented since June 2020.

How big is unit 202?

1,244 sqft (115.6 sqm): a two-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2019.

What is unit 202 worth today?

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

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