403, Bright Corner
Sold prices and rental history: sold once, by the developer in November 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 403, Bright Corner
What is 403 worth today?
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Source: Dubai Land Department. Updated 29 November 2020.
Key facts
- Type
- 2-bed apartment
- Size
- 2,501 sqft
- Floor
- 4th of 4
- Parking
- G-39
- Developer
- Fandah Palace Development
- Completed
- 2019
- Service charge
- AED 38,300 /yr
- Last sold
- AED 1.66M · November 2020
- Building
- Bright Corner
About 403, Bright Corner
403 is a two-bedroom apartment of 2,501 sqft on the 4th floor of Bright Corner, a 4-storey tower in Meydan City completed in 2019 by Fandah Palace Development . The developer sold it on 29 November 2020 for AED 1,655,290, or AED 661 per sqft, 34% below the AED 1,003 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 403 over time
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 403 sits
All 22 2-beds →403 last sold in November 2020 at AED 661 per sqft, 34% below what two-beds in Bright Corner were fetching at the time (AED 1,003).
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Dec 20207 December 2020 | 1,107 sqft | 1,107,070 | 999 | ||
| 6 Dec 20206 December 2020 | 1,247 sqft | 1,247,430 | 1,000 | ||
| 6 Dec 20206 December 2020 | 1,244 sqft | 1,250,000 | 1,004 | ||
| 6 Dec 20206 December 2020 | 1,247 sqft | 1,250,000 | 1,002 |
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 4th floor
All 40 units in Bright Corner403, Bright Corner in numbers
- Sold once: by Fandah Palace Development on 29 November 2020 for AED 1,655,290, or AED 661 per sqft.
Source: Dubai Land Department. Updated 29 November 2020.
Questions about 403, Bright Corner
What did unit 403 last sell for?
AED 1,655,290 on 29 November 2020, sold by the developer: AED 661 per sqft for 2,501 sqft. It is the only registered sale of the unit.
How big is unit 403?
2,501 sqft (232.4 sqm): a two-bedroom apartment on the 4th floor of a 4-storey tower completed in 2019.
What is unit 403 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 403, Bright Corner
Starts from the last sale price (AED 1.66M, 29 November 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,655,290
- Deposit, UAE resident (20%)
- AED 331,058
- Deposit, non-resident (40%)
- AED 662,116
- Monthly over 25 years at 3.7%
- AED 6,772
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →