902, Emaar Tower 2
Sold prices and rental history: sold twice, last in July 2022, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 902, Emaar Tower 2
What is 902 worth today?
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Source: Dubai Land Department. Updated 6 July 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 923 sqft
- Floor
- 9th of 16
- Parking
- L3/ 74
- Service charge
- AED 16,500 /yr
- Last sold
- AED 650K · July 2022
- Building
- Emaar Tower 2
About 902, Emaar Tower 2
902 is a one-bedroom apartment of 923 sqft on the 9th floor of Emaar Tower 2, a 16-storey tower in Rigga Al Butten. It last sold on 6 July 2022 for AED 650,000, or AED 704 per sqft, 59% below the AED 1,706 one-beds in the building were fetching at the time.
It has been rented since 2016 on 3 Ejari contracts. The current contract, signed on 19 January 2019, is AED 50,000 a year: a gross yield of 7.7% on the 2022 price, before the service charge of about AED 16,500 a year.
Sales and rents for 902 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 Emaar Tower 2, and where 902 sits
All 13 1-beds →902 last sold in July 2022 at AED 704 per sqft, 59% below what one-beds in Emaar Tower 2 were fetching at the time (AED 1,706). 902's AED 50,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Jan 202326 January 2023 | 923 sqft | 602,000 | 652 | ||
| 26 Jan 202326 January 2023 | 923 sqft | 700,000 | 758 | ||
| 7 Oct 20227 October 2022 | 923 sqft | 700,000 | 758 | ||
| 26 Apr 202226 April 2022 | 923 sqft | 1,575,000 | 1,706 |
Emaar Tower 2
Building84 apartments, 1-bed to 4-bed over 16 floors in Rigga Al Butten. 4 sold in the last 12 months.
- Typical price per sqft
- AED 706
- Typical sale
- AED 1.35M
- Typical rent
- AED 105K /yr
- Typical yield
- 9.6%
Other units on the 9th floor
All 84 units in Emaar Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 901 | 3-bed | 1,812 sqft | AED 1.48MAED 1,483,680 · Jan 2016January 2016 | ||
| 903 | 3-bed | 1,737 sqft | AED 1.38MAED 1,378,800 · Apr 2010April 2010 | 115,500 /yr | |
| 904 | 3-bed | 1,913 sqft | AED 1.55MAED 1,548,000 · Apr 2010April 2010 | 109,450 /yr | |
| 905 | 1-bed | 923 sqft | AED 700KAED 700,000 · Jan 2023January 2023 | 66,701 /yr | |
| 906 | 3-bed | 1,812 sqft | AED 1.62MAED 1,618,800 · Apr 2010April 2010 | 100,000 /yr |
902, Emaar Tower 2 in numbers
- Sold twice: first on 1 March 2016 for AED 638,800, last on 6 July 2022 for AED 650,000 (AED 704 per sqft).
- Rented since January 2016 on 3 Ejari contracts, from AED 95,000 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2022 price is 7.7%, before a service charge of about AED 16,500 a year (AED 17.93 per sqft).
Source: Dubai Land Department. Updated 6 July 2022.
Questions about 902, Emaar Tower 2
What did unit 902 last sell for?
AED 650,000 on 6 July 2022: AED 704 per sqft for 923 sqft. The unit has 2 registered sales; the first was AED 638,800 in March 2016.
What is the rent for unit 902?
AED 50,000 a year on the contract signed on 19 January 2019. The previous contract, from January 2017, was AED 90,000; the unit has been rented since January 2016.
How big is unit 902?
923 sqft (85.7 sqm): a one-bedroom apartment on the 9th floor of a 16-storey tower.
What is unit 902 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 902, Emaar Tower 2
Starts from the last sale price (AED 650K, 6 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 650,000
- Deposit, UAE resident (20%)
- AED 130,000
- Deposit, non-resident (40%)
- AED 260,000
- Monthly over 25 years at 3.7%
- AED 2,659
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →