3-bed · 2,648 sqftWorld Trade Centre Residence, Trade Center Second · 15th floor · completed 2008

1505, World Trade Centre Residence

Sold prices and rental history: sold once, by the developer in December 2008, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1505 · DLD and Ejari recordsUpdated 12 November 2022
Last soldAED 3.84M29 December 2008
Current rentAED 200K /yr12 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1505, World Trade Centre Residence

What is 1505 worth today?

Last sold for AED 3,840,000 in 2008

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12 Nov 2022RentedRenewal
AED 200,000/yr12 months · AED 76 per sqft
12 Nov 2021RentedRenewal
AED 180,000/yr12 months · AED 68 per sqft
12 Nov 2020RentedRenewal
AED 180,000/yr12 months · AED 68 per sqft
12 Nov 2019RentedRenewal
AED 180,000/yr12 months · AED 68 per sqft
12 Nov 2018RentedRenewal
AED 210,000/yr12 months · AED 79 per sqft
12 Nov 2017RentedNew contract
AED 220,000/yr12 months · AED 83 per sqft
1 Jul 2016RentedRenewal
AED 386,000/yr12 months · AED 146 per sqft
1 Jul 2015RentedNew contract
AED 386,000/yr12 months · AED 146 per sqft

Source: Dubai Land Department. Updated 12 November 2022.

Key facts

Type
3-bed apartment
Size
2,648 sqft
Floor
15th of 39
Parking
B1-187,188
Developer
Jumeirah Group
Completed
2008
Service charge
AED 90,000 /yr
Last sold
AED 3.84M · December 2008

About 1505, World Trade Centre Residence

1505 is a three-bedroom apartment of 2,648 sqft on the 15th floor of World Trade Centre Residence, a 39-storey tower in Trade Center Second completed in 2008 by Jumeirah Group. The developer sold it on 29 December 2008 for AED 3,840,000, or AED 1,450 per sqft, in line with the AED 1,490 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 12 November 2022, is AED 200,000 a year: a gross yield of 5.2% on the 2008 price, before the service charge of about AED 90,000 a year.

Sales and rents for 1505 over time

Sales
Unit 1505, 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, December 2008: AED 3,840,000 (AED 1,450 per sqft)

1505 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1505, each contractTypical three-bed in World Trade Centre Residence
200K300K400K2013201720212025Typical 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, July 2015: AED 386,000 a yearRenewal, July 2016: AED 386,000 a yearNew contract, November 2017: AED 220,000 a yearRenewal, November 2018: AED 210,000 a yearRenewal, November 2019: AED 180,000 a yearRenewal, November 2020: AED 180,000 a yearRenewal, November 2021: AED 180,000 a yearRenewal, November 2022: AED 200,000 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 1505 sits

All 102 3-beds →

1505 last sold in December 2008 at AED 1,450 per sqft, in line with what three-beds in World Trade Centre Residence were fetching at the time (AED 1,490). 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. 1505's AED 200,000 is at the bottom 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
15013-bedAED 4.5M · Jul 2026
15023-bedAED 5.2M · Mar 2017
15033-bedAED 4.14M · Dec 2008
15043-bedAED 3.4M · Feb 2023
15062-bedAED 2.16M · Jan 2023
15074-bedAED 7.14M · Dec 2008
15081-bedAED 1.4M · Oct 2013
1–7 of 20

1505, World Trade Centre Residence in numbers

  • Sold once: by Jumeirah Group on 29 December 2008 for AED 3,840,000, or AED 1,450 per sqft.
  • Rented since July 2015 on 8 Ejari contracts. The rent fell from AED 386,000 to AED 180,000 in 2021 and recovered to AED 200,000 by November 2022.
  • At AED 200,000 a year the gross yield on the 2008 price is 5.2%, before a service charge of about AED 90,000 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 12 November 2022.

Questions about 1505, World Trade Centre Residence

What did unit 1505 last sell for?

AED 3,840,000 on 29 December 2008, sold by the developer: AED 1,450 per sqft for 2,648 sqft. It is the only registered sale of the unit.

What is the rent for unit 1505?

AED 200,000 a year on the contract renewed on 12 November 2022. The previous contract, from November 2021, was AED 180,000; the unit has been rented since July 2015.

How big is unit 1505?

2,648 sqft (246.0 sqm): a three-bedroom apartment on the 15th floor of a 39-storey tower completed in 2008.

What is unit 1505 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.

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Mortgage on 1505, World Trade Centre Residence

Starts from the last sale price (AED 3.84M, 29 December 2008). Switch to today's estimate once you have unlocked it.
Price
AED 3,840,000
Deposit, UAE resident (20%)
AED 768,000
Deposit, non-resident (40%)
AED 1,536,000
Monthly over 25 years at 3.7%
AED 15,711

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