2-bed · 2,891 sqftBright Corner, Meydan City · 4th floor · completed 2019

404, Bright Corner

Sold prices and rental history: sold once, by the developer in November 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 21 November 2019
Last soldAED 1.67M21 November 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Bright Corner

What is 404 worth today?

Last sold for AED 1,665,000 in 2019

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21 Nov 2019Sold by developerReady · flagged as an outlier
AED 1,665,000AED 575 per sqft

Source: Dubai Land Department. Updated 21 November 2019.

Key facts

Type
2-bed apartment
Size
2,891 sqft
Floor
4th of 4
Parking
G-19,G-18 1
Developer
Fandah Palace Development
Completed
2019
Service charge
AED 44,300 /yr
Last sold
AED 1.67M · November 2019

About 404, Bright Corner

404 is a two-bedroom apartment of 2,891 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 21 November 2019 for AED 1,665,000, or AED 575 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 404 over time

Rents
Unit 404, 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 100,000

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 404 sits

All 22 2-beds →
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 4th floor

All 40 units in Bright Corner
Value
4012-bedAED 1.9M · Feb 2018
4022-bedNo registered sale
4032-bedAED 1.66M · Nov 2020

404, Bright Corner in numbers

  • Sold once: by Fandah Palace Development on 21 November 2019 for AED 1,665,000, or AED 575 per sqft.

Source: Dubai Land Department. Updated 21 November 2019.

Questions about 404, Bright Corner

What did unit 404 last sell for?

AED 1,665,000 on 21 November 2019, sold by the developer: AED 575 per sqft for 2,891 sqft. It is the only registered sale of the unit.

How big is unit 404?

2,891 sqft (268.6 sqm): a two-bedroom apartment on the 4th floor of a 4-storey tower completed in 2019.

What is unit 404 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 404, Bright Corner

Starts from the last sale price (AED 1.67M, 21 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,665,000
Deposit, UAE resident (20%)
AED 333,000
Deposit, non-resident (40%)
AED 666,000
Monthly over 25 years at 3.7%
AED 6,812

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