1-bed · 969 sqftWorld Trade Centre Residence, Trade Center Second · 15th floor · completed 2008

1508, World Trade Centre Residence

Sold prices and rental history: sold 3 times, last in October 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1508 · DLD and Ejari recordsUpdated 1 July 2021
Last soldAED 1.4M21 October 2013
Current rentAED 75K /yr1 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1508, World Trade Centre Residence

What is 1508 worth today?

Last sold for AED 1,400,000 in 2013

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1 Jul 2021RentedNew contract
AED 75,000/yr12 months · AED 77 per sqft
5 Dec 2020RentedRenewal
AED 93,000/yr14 months · AED 96 per sqft
5 Dec 2019RentedRenewal
AED 87,000/yr12 months · AED 90 per sqft
5 Nov 2018RentedNew contract
AED 87,692/yr13 months · AED 91 per sqft
5 Nov 2017RentedNew contract
AED 95,000/yr12 months · AED 98 per sqft
24 Aug 2016RentedNew contract
AED 120,000/yr12 months · AED 124 per sqft
22 Oct 2015RentedRenewal
AED 120,000/yr12 months · AED 124 per sqft
22 Oct 2014RentedRenewal
AED 120,000/yr12 months · AED 124 per sqft

Source: Dubai Land Department. Updated 1 July 2021.

Key facts

Type
1-bed apartment
Size
969 sqft
Floor
15th of 39
Parking
B1-185
Developer
Jumeirah Group
Completed
2008
Service charge
AED 32,900 /yr
Last sold
AED 1.4M · October 2013

About 1508, World Trade Centre Residence

1508 is a one-bedroom apartment of 969 sqft on the 15th floor of World Trade Centre Residence, a 39-storey tower in Trade Center Second completed in 2008 by Jumeirah Group. It last sold on 21 October 2013 for AED 1,400,000, or AED 1,444 per sqft, 8% above the AED 1,341 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 1 July 2021, is AED 75,000 a year: a gross yield of 5.4% on the 2013 price, before the service charge of about AED 32,900 a year.

Sales and rents for 1508 over time

Sales
Unit 1508, each saleTypical one-bed in World Trade Centre Residence
1M2M2008201320182023Typical sale price by year: 2008 AED 2,294,000; 2009 AED 1,520,000; 2011 AED 805,000; 2013 AED 1,495,000; 2015 AED 1,500,000; 2017 AED 1,380,000; 2019 AED 1,050,000; 2023 AED 1,168,000; 2024 AED 1,800,000; 2025 AED 1,603,966Sold by developer, February 2009: AED 1,500,000 (AED 1,548 per sqft)Sold, December 2012: AED 1,075,000 (AED 1,109 per sqft)Sold, October 2013: AED 1,400,000 (AED 1,444 per sqft)

1508 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1508, each contractTypical one-bed in World Trade Centre Residence
75K100K125K2012201620202024Typical rent by year: 2012 AED 90,000; 2013 AED 106,000; 2014 AED 120,000; 2015 AED 130,000; 2016 AED 122,500; 2017 AED 110,000; 2018 AED 107,500; 2019 AED 110,333; 2020 AED 95,000; 2021 AED 80,000; 2022 AED 80,000; 2023 AED 110,000; 2024 AED 120,000; 2025 AED 120,000; 2026 AED 122,500New contract, October 2013: AED 110,000 a yearRenewal, October 2014: AED 120,000 a yearRenewal, October 2015: AED 120,000 a yearNew contract, August 2016: AED 120,000 a yearNew contract, November 2017: AED 95,000 a yearNew contract, November 2018: AED 87,692 a yearRenewal, December 2019: AED 87,000 a yearRenewal, December 2020: AED 93,000 a yearNew contract, July 2021: AED 75,000 a year

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

1-beds in World Trade Centre Residence, and where 1508 sits

All 29 1-beds →

1508 last sold in October 2013 at AED 1,444 per sqft, 8% above what one-beds in World Trade Centre Residence were fetching at the time (AED 1,341). 1508's AED 75,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Sep 20251,603,966
11 Jun 20252,050,000
15 Jan 20251,425,000
12 Dec 20242,928,000
0 1-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
15053-bedAED 3.84M · Dec 2008
15062-bedAED 2.16M · Jan 2023
15074-bedAED 7.14M · Dec 2008
1–7 of 20

1508, World Trade Centre Residence in numbers

  • Sold 3 times: first on 9 February 2009 for AED 1,500,000, last on 21 October 2013 for AED 1,400,000 (AED 1,444 per sqft).
  • Rented since October 2013 on 9 Ejari contracts, from AED 110,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2013 price is 5.4%, before a service charge of about AED 32,900 a year (AED 33.98 per sqft).

Source: Dubai Land Department. Updated 1 July 2021.

Questions about 1508, World Trade Centre Residence

What did unit 1508 last sell for?

AED 1,400,000 on 21 October 2013: AED 1,444 per sqft for 969 sqft. The unit has 3 registered sales; the first was AED 1,500,000 in February 2009.

What is the rent for unit 1508?

AED 75,000 a year on the contract signed on 1 July 2021. The previous contract, from December 2020, was AED 93,000; the unit has been rented since October 2013.

How big is unit 1508?

969 sqft (90.0 sqm): a one-bedroom apartment on the 15th floor of a 39-storey tower completed in 2008.

What is unit 1508 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 1508, World Trade Centre Residence

Starts from the last sale price (AED 1.4M, 21 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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