3-bed · 3,251 sqftWorld Trade Centre Residence, Trade Center Second · 1st floor · completed 2008

116, World Trade Centre Residence

Sold prices and rental history: sold twice, last in January 2018, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 116 · DLD and Ejari recordsUpdated 8 January 2018
Last soldAED 3.7M8 January 2018
Current rentAED 240K /yr1 March 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 116, World Trade Centre Residence

What is 116 worth today?

Last sold for AED 3,700,000 in 2018

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

8 Jan 2018SoldReady
AED 3,700,000AED 1,138 per sqft
1 Mar 2017RentedRenewal
AED 240,000/yr12 months · AED 74 per sqft
1 Mar 2016RentedNew contract
AED 240,000/yr12 months · AED 74 per sqft
24 Aug 2014RentedNew contract
AED 287,000/yr12 months · AED 88 per sqft
15 May 2013RentedNew contract
AED 250,000/yr12 months · AED 77 per sqft
23 Feb 2009Sold by developerReady
AED 3,790,000AED 1,165 per sqft

Source: Dubai Land Department. Updated 8 January 2018.

Key facts

Type
3-bed apartment
Size
3,251 sqft
Floor
1st of 39
Parking
B2-070,071
Developer
Jumeirah Group
Completed
2008
Service charge
AED 110,500 /yr
Last sold
AED 3.7M · January 2018

About 116, World Trade Centre Residence

116 is a three-bedroom apartment of 3,251 sqft on the 1st floor of World Trade Centre Residence, a 39-storey tower in Trade Center Second completed in 2008 by Jumeirah Group. It last sold on 8 January 2018 for AED 3,700,000, or AED 1,138 per sqft, 26% below the AED 1,534 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 1 March 2017, is AED 240,000 a year: a gross yield of 6.5% on the 2018 price, before the service charge of about AED 110,500 a year.

Sales and rents for 116 over time

Sales
Unit 116, each saleTypical three-bed in World Trade Centre Residence
4M6M2008201320182023Typical sale price by year: 2008 AED 4,200,000; 2009 AED 4,195,000; 2010 AED 3,960,000; 2011 AED 3,303,750; 2012 AED 4,100,000; 2013 AED 4,250,000; 2014 AED 5,025,000; 2015 AED 3,600,000; 2016 AED 5,300,000; 2017 AED 5,200,000; 2018 AED 3,700,000; 2020 AED 2,550,000; 2021 AED 2,898,250; 2022 AED 3,000,000; 2023 AED 3,725,000; 2024 AED 4,300,000; 2025 AED 4,700,000; 2026 AED 5,498,145Sold by developer, February 2009: AED 3,790,000 (AED 1,165 per sqft)Sold, January 2018: AED 3,700,000 (AED 1,138 per sqft)

116 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 116, each contractTypical three-bed in World Trade Centre Residence
200K300K2013201720212025Typical rent by year: 2013 AED 251,000; 2014 AED 275,000; 2015 AED 295,000; 2016 AED 284,999; 2017 AED 255,000; 2018 AED 235,000; 2019 AED 210,000; 2020 AED 190,000; 2021 AED 185,000; 2022 AED 220,000; 2023 AED 231,063; 2024 AED 278,112; 2025 AED 310,000; 2026 AED 303,500New contract, May 2013: AED 250,000 a yearNew contract, August 2014: AED 287,000 a yearNew contract, March 2016: AED 240,000 a yearRenewal, March 2017: AED 240,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in World Trade Centre Residence, and where 116 sits

All 102 3-beds →

116 last sold in January 2018 at AED 1,138 per sqft, 26% below what three-beds in World Trade Centre Residence were fetching at the time (AED 1,534). Over the last 12 months three-beds sold for AED 4,000,000 to 6,420,000, around AED 1,491 per sqft, and rent for AED 204,000 to 490,000 a year. 116's AED 240,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
23 Oct 20266,420,000
27 Aug 20264,996,290
2 Jul 20264,500,000
3 Apr 20266,000,000
6 3-bed sales in the last 12 months

World Trade Centre Residence

Building

366 apartments, 1-bed to 5-bed over 39 floors in Trade Center Second, completed in 2008 by Jumeirah Group. 29 sold in the last 12 months.

Typical price per sqft
AED 1,521 Up 3.6%
Typical sale
AED 3.28M
Typical rent
AED 185K /yr
Typical yield
6.4%
World Trade Centre Residence, Trade Center Second: prices, sales and rents →
Value
1014-bedAED 2.25M · Jul 2017
1024-bedAED 4.1M · Apr 2023
1034-bedAED 3.55M · Sep 2024
1044-bedAED 3.53M · Dec 2024
1054-bedAED 2.3M · Mar 2012
1062-bedAED 2.5M · Apr 2023
1074-bedAED 4.95M · Sep 2025
1–7 of 21

116, World Trade Centre Residence in numbers

  • Sold twice: first on 23 February 2009 for AED 3,790,000, last on 8 January 2018 for AED 3,700,000 (AED 1,138 per sqft).
  • Rented since May 2013 on 4 Ejari contracts, from AED 250,000 to AED 240,000 a year.
  • At AED 240,000 a year the gross yield on the 2018 price is 6.5%, before a service charge of about AED 110,500 a year (AED 33.98 per sqft).
  • Three-beds in World Trade Centre Residence sold for AED 4,000,000–6,420,000 in the 12 months to November 2026; the building's median across all types is AED 1,521 per sqft.

Source: Dubai Land Department. Updated 8 January 2018.

Questions about 116, World Trade Centre Residence

What did unit 116 last sell for?

AED 3,700,000 on 8 January 2018: AED 1,138 per sqft for 3,251 sqft. The unit has 2 registered sales; the first was AED 3,790,000 in February 2009.

What is the rent for unit 116?

AED 240,000 a year on the contract renewed on 1 March 2017. The previous contract, from March 2016, was AED 240,000; the unit has been rented since May 2013.

How big is unit 116?

3,251 sqft (302.0 sqm): a three-bedroom apartment on the 1st floor of a 39-storey tower completed in 2008.

What is unit 116 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in World Trade Centre Residence sold for AED 4,000,000 to 6,420,000 in the last 12 months, around AED 1,491 per sqft.

Selling 116? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 116, World Trade Centre Residence

Starts from the last sale price (AED 3.7M, 8 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 3,700,000
Deposit, UAE resident (20%)
AED 740,000
Deposit, non-resident (40%)
AED 1,480,000
Monthly over 25 years at 3.7%
AED 15,138

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