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3-bed · 2,465 sqftWorld Trade Centre Residence, Trade Center Second · 15th floor · completed 2008

1516, World Trade Centre Residence

Sold prices and rental history: sold twice, last in April 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1516 · DLD and Ejari recordsUpdated 24 April 2023
Last soldAED 1.73M24 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1516, World Trade Centre Residence

What is 1516 worth today?

Last sold for AED 1,727,160 in 2023

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24 Apr 2023SoldReady
AED 1,727,160AED 1,401 per sqft
9 Feb 2009Sold by developerReady
AED 4,090,000AED 1,659 per sqft

Source: Dubai Land Department. Updated 24 April 2023.

Key facts

Type
3-bed apartment
Size
2,465 sqft
Floor
15th of 39
Parking
B1-163,164
Developer
Jumeirah Group
Completed
2008
Service charge
AED 83,800 /yr
Last sold
AED 1.73M · April 2023
Building
World Trade Centre Residence

About 1516, World Trade Centre Residence

1516 is a three-bedroom apartment of 2,465 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 24 April 2023 for AED 1,727,160, or AED 1,401 per sqft, 23% above the AED 1,137 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1516 over time

Sales
Unit 1516, each saleTypical three-bed in World Trade Centre Residence
2M4M6M2008201320182023Typical 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 4,090,000 (AED 1,659 per sqft)Sold, April 2023: AED 1,727,160 (AED 1,401 per sqft)

1516 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1516, 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 303,500

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 1516 sits

All 102 3-beds →

1516 last sold in April 2023 at AED 1,401 per sqft, 23% above what three-beds in World Trade Centre Residence were fetching at the time (AED 1,137). 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.

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 →

Other units on the 15th floor

All 366 units in World Trade Centre Residence
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

1516, World Trade Centre Residence in numbers

  • Sold twice: first on 9 February 2009 for AED 4,090,000, last on 24 April 2023 for AED 1,727,160 (AED 1,401 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 24 April 2023.

Questions about 1516, World Trade Centre Residence

What did unit 1516 last sell for?

AED 1,727,160 on 24 April 2023: AED 1,401 per sqft for 2,465 sqft. The unit has 2 registered sales; the first was AED 4,090,000 in February 2009.

How big is unit 1516?

2,465 sqft (229.0 sqm): a three-bedroom apartment on the 15th floor of a 39-storey tower completed in 2008.

What is unit 1516 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 1516, World Trade Centre Residence

Starts from the last sale price (AED 1.73M, 24 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,727,160
Deposit, UAE resident (20%)
AED 345,432
Deposit, non-resident (40%)
AED 690,864
Monthly over 25 years at 3.7%
AED 7,066

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