3-bed · 2,939 sqftWorld Trade Centre Residence, Trade Center Second · 17th floor · completed 2008

1701, World Trade Centre Residence

Sold prices and rental history: sold 3 times, last in April 2016, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1701 · DLD and Ejari recordsUpdated 28 January 2022
Last soldAED 4.8M20 April 2016
Current rentAED 160K /yr28 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1701, World Trade Centre Residence

What is 1701 worth today?

Last sold for AED 4,800,000 in 2016

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28 Jan 2022RentedRenewal
AED 160,000/yr12 months · AED 54 per sqft
28 Jan 2021RentedNew contract
AED 160,000/yr12 months · AED 54 per sqft
15 Sep 2019RentedRenewal
AED 205,000/yr12 months · AED 70 per sqft
15 Sep 2018RentedRenewal
AED 220,000/yr12 months · AED 75 per sqft
15 Sep 2017RentedNew contract
AED 225,000/yr12 months · AED 77 per sqft
20 Apr 2016SoldReady
AED 4,800,000AED 1,633 per sqft
17 May 2012SoldReady
AED 2,100,000AED 714 per sqft
4 Feb 2009Sold by developerReady
AED 4,230,000AED 1,439 per sqft

Source: Dubai Land Department. Updated 28 January 2022.

Key facts

Type
3-bed apartment
Size
2,939 sqft
Floor
17th of 39
Parking
B1-174,175
Developer
Jumeirah Group
Completed
2008
Service charge
AED 99,900 /yr
Last sold
AED 4.8M · April 2016

About 1701, World Trade Centre Residence

1701 is a three-bedroom apartment of 2,939 sqft on the 17th floor of World Trade Centre Residence, a 39-storey tower in Trade Center Second completed in 2008 by Jumeirah Group. It last sold on 20 April 2016 for AED 4,800,000, or AED 1,633 per sqft, 6% below the AED 1,734 three-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 28 January 2022, is AED 160,000 a year: a gross yield of 3.3% on the 2016 price, before the service charge of about AED 99,900 a year.

Sales and rents for 1701 over time

Sales
Unit 1701, 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 4,230,000 (AED 1,439 per sqft)Sold, May 2012: AED 2,100,000 (AED 714 per sqft)Sold, April 2016: AED 4,800,000 (AED 1,633 per sqft)

1701 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1701, 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, September 2017: AED 225,000 a yearRenewal, September 2018: AED 220,000 a yearRenewal, September 2019: AED 205,000 a yearNew contract, January 2021: AED 160,000 a yearRenewal, January 2022: AED 160,000 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 1701 sits

All 102 3-beds →

1701 last sold in April 2016 at AED 1,633 per sqft, 6% below what three-beds in World Trade Centre Residence were fetching at the time (AED 1,734). 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. 1701's AED 160,000 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
17023-bedAED 2.23M · Jan 2009
17033-bedAED 4.19M · Dec 2008
17043-bedAED 5.2M · Jan 2015
17053-bedAED 3.36M · Sep 2011
17062-bedAED 4.16M · Mar 2013
17074-bedAED 5M · Oct 2021
17081-bedAED 1.2M · Feb 2024
1–7 of 22

1701, World Trade Centre Residence in numbers

  • Sold 3 times: first on 4 February 2009 for AED 4,230,000, last on 20 April 2016 for AED 4,800,000 (AED 1,633 per sqft).
  • Rented since September 2017 on 5 Ejari contracts, from AED 225,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2016 price is 3.3%, before a service charge of about AED 99,900 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 28 January 2022.

Questions about 1701, World Trade Centre Residence

What did unit 1701 last sell for?

AED 4,800,000 on 20 April 2016: AED 1,633 per sqft for 2,939 sqft. The unit has 3 registered sales; the first was AED 4,230,000 in February 2009.

What is the rent for unit 1701?

AED 160,000 a year on the contract renewed on 28 January 2022. The previous contract, from January 2021, was AED 160,000; the unit has been rented since September 2017.

How big is unit 1701?

2,939 sqft (273.0 sqm): a three-bedroom apartment on the 17th floor of a 39-storey tower completed in 2008.

What is unit 1701 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 1701, World Trade Centre Residence

Starts from the last sale price (AED 4.8M, 20 April 2016). Switch to today's estimate once you have unlocked it.
Price
AED 4,800,000
Deposit, UAE resident (20%)
AED 960,000
Deposit, non-resident (40%)
AED 1,920,000
Monthly over 25 years at 3.7%
AED 19,638

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