3-bed · 2,465 sqftWorld Trade Centre Residence, Trade Center Second · 17th floor · completed 2008

1716, World Trade Centre Residence

Sold prices and rental history: sold 3 times, last in July 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1716 · DLD and Ejari recordsUpdated 7 July 2021
Last soldAED 2M7 July 2021
Current rentAED 150K /yr1 March 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1716, World Trade Centre Residence

What is 1716 worth today?

Last sold for AED 2,000,000 in 2021

Unlock today's estimate, updated daily, with

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

7 Jul 2021SoldReady
AED 2,000,000AED 811 per sqft
1 Mar 2019RentedRenewal
AED 150,000/yr24 months · AED 61 per sqft
1 Mar 2018RentedNew contract
AED 150,000/yr12 months · AED 61 per sqft
1 Mar 2017RentedRenewal
AED 150,000/yr12 months · AED 61 per sqft
1 Mar 2016RentedRenewal
AED 150,000/yr12 months · AED 61 per sqft
1 Mar 2015RentedNew contract
AED 150,000/yr12 months · AED 61 per sqft
1 May 2014RentedNew contract
AED 210,000/yr12 months · AED 85 per sqft
13 Jun 2012SoldReady
AED 3,680,000AED 1,492 per sqft

Source: Dubai Land Department. Updated 7 July 2021.

Key facts

Type
3-bed apartment
Size
2,465 sqft
Floor
17th of 39
Parking
B1-142,143
Developer
Jumeirah Group
Completed
2008
Service charge
AED 83,800 /yr
Last sold
AED 2M · July 2021

About 1716, World Trade Centre Residence

1716 is a three-bedroom apartment of 2,465 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 7 July 2021 for AED 2,000,000, or AED 811 per sqft, in line with the AED 824 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 1 March 2019, is AED 150,000 a year: a gross yield of 7.5% on the 2021 price, before the service charge of about AED 83,800 a year.

Sales and rents for 1716 over time

Sales
Unit 1716, 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, December 2008: AED 4,130,000 (AED 1,675 per sqft)Sold, June 2012: AED 3,680,000 (AED 1,492 per sqft)Sold, July 2021: AED 2,000,000 (AED 811 per sqft)

1716 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1716, 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 2014: AED 210,000 a yearNew contract, March 2015: AED 150,000 a yearRenewal, March 2016: AED 150,000 a yearRenewal, March 2017: AED 150,000 a yearNew contract, March 2018: AED 150,000 a yearRenewal, March 2019: AED 150,000 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 1716 sits

All 102 3-beds →

1716 last sold in July 2021 at AED 811 per sqft, in line with what three-beds in World Trade Centre Residence were fetching at the time (AED 824). 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. 1716's AED 150,000 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
17013-bedAED 4.8M · Apr 2016
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
1–7 of 22

1716, World Trade Centre Residence in numbers

  • Sold 3 times: first on 23 December 2008 for AED 4,130,000, last on 7 July 2021 for AED 2,000,000 (AED 811 per sqft).
  • Rented since May 2014 on 6 Ejari contracts, from AED 210,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2021 price is 7.5%, before a service charge of about AED 83,800 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 7 July 2021.

Questions about 1716, World Trade Centre Residence

What did unit 1716 last sell for?

AED 2,000,000 on 7 July 2021: AED 811 per sqft for 2,465 sqft. The unit has 3 registered sales; the first was AED 4,130,000 in December 2008.

What is the rent for unit 1716?

AED 150,000 a year on the contract renewed on 1 March 2019. The previous contract, from March 2018, was AED 150,000; the unit has been rented since May 2014.

How big is unit 1716?

2,465 sqft (229.0 sqm): a three-bedroom apartment on the 17th floor of a 39-storey tower completed in 2008.

What is unit 1716 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 1716? 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 1716, World Trade Centre Residence

Starts from the last sale price (AED 2M, 7 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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