2-bed · 2,271 sqftWorld Trade Centre Residence, Trade Center Second · 17th floor · completed 2008

1721, World Trade Centre Residence

Sold prices and rental history: sold once, by the developer in December 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1721 · DLD and Ejari recordsUpdated 23 October 2021
Last soldAED 3.63M25 December 2008
Current rentAED 137K /yr23 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1721, World Trade Centre Residence

What is 1721 worth today?

Last sold for AED 3,630,000 in 2008

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23 Oct 2021RentedNew contract
AED 137,000/yr12 months · AED 60 per sqft
16 Dec 2015RentedNew contract
AED 200,000/yr12 months · AED 88 per sqft
16 Dec 2014RentedNew contract
AED 200,000/yr12 months · AED 88 per sqft
15 Oct 2013RentedNew contract
AED 199,512/yr14 months · AED 88 per sqft
25 Dec 2008Sold by developerReady
AED 3,630,000AED 1,598 per sqft

Source: Dubai Land Department. Updated 23 October 2021.

Key facts

Type
2-bed apartment
Size
2,271 sqft
Floor
17th of 39
Parking
B1-117
Developer
Jumeirah Group
Completed
2008
Service charge
AED 77,200 /yr
Last sold
AED 3.63M · December 2008

About 1721, World Trade Centre Residence

1721 is a two-bedroom apartment of 2,271 sqft on the 17th 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 25 December 2008 for AED 3,630,000, or AED 1,598 per sqft, 8% above the AED 1,478 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 23 October 2021, is AED 137,000 a year: a gross yield of 3.8% on the 2008 price, before the service charge of about AED 77,200 a year.

Sales and rents for 1721 over time

Sales
Unit 1721, each saleTypical two-bed in World Trade Centre Residence
2M3M4M2008201320182023Typical sale price by year: 2008 AED 2,986,450; 2009 AED 2,894,700; 2010 AED 1,981,000; 2011 AED 1,525,000; 2012 AED 2,432,500; 2013 AED 2,950,000; 2014 AED 3,525,000; 2015 AED 2,900,000; 2016 AED 2,406,000; 2017 AED 2,450,000; 2018 AED 1,780,000; 2019 AED 2,050,000; 2021 AED 1,512,092; 2022 AED 2,100,000; 2023 AED 2,178,788; 2024 AED 2,750,000; 2025 AED 2,900,000; 2026 AED 2,800,000Sold by developer, December 2008: AED 3,630,000 (AED 1,598 per sqft)

1721 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1721, each contractTypical two-bed in World Trade Centre Residence
150K200K2012201620202024Typical rent by year: 2012 AED 141,750; 2013 AED 175,000; 2014 AED 200,000; 2015 AED 200,000; 2016 AED 185,000; 2017 AED 175,000; 2018 AED 153,000; 2019 AED 150,000; 2020 AED 131,000; 2021 AED 125,000; 2022 AED 140,000; 2023 AED 160,000; 2024 AED 175,000; 2025 AED 177,764; 2026 AED 170,000New contract, October 2013: AED 199,512 a yearNew contract, December 2014: AED 200,000 a yearNew contract, December 2015: AED 200,000 a yearNew contract, October 2021: AED 137,000 a year

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

2-beds in World Trade Centre Residence, and where 1721 sits

All 182 2-beds →

1721 last sold in December 2008 at AED 1,598 per sqft, 8% above what two-beds in World Trade Centre Residence were fetching at the time (AED 1,478). Over the last 12 months two-beds sold for AED 1,750,000 to 3,600,000, around AED 1,531 per sqft, and rent for AED 79,200 to 250,000 a year. 1721's AED 137,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
26 Oct 20261,750,000
12 Oct 20262,300,000
25 Sep 20262,900,000
16 Sep 20262,070,000
20 2-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

1721, World Trade Centre Residence in numbers

  • Sold once: by Jumeirah Group on 25 December 2008 for AED 3,630,000, or AED 1,598 per sqft.
  • Rented since October 2013 on 4 Ejari contracts, from AED 199,512 to AED 137,000 a year.
  • At AED 137,000 a year the gross yield on the 2008 price is 3.8%, before a service charge of about AED 77,200 a year (AED 33.98 per sqft).
  • Two-beds in World Trade Centre Residence sold for AED 1,750,000–3,600,000 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 23 October 2021.

Questions about 1721, World Trade Centre Residence

What did unit 1721 last sell for?

AED 3,630,000 on 25 December 2008, sold by the developer: AED 1,598 per sqft for 2,271 sqft. It is the only registered sale of the unit.

What is the rent for unit 1721?

AED 137,000 a year on the contract signed on 23 October 2021. The previous contract, from December 2015, was AED 200,000; the unit has been rented since October 2013.

How big is unit 1721?

2,271 sqft (211.0 sqm): a two-bedroom apartment on the 17th floor of a 39-storey tower completed in 2008.

What is unit 1721 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in World Trade Centre Residence sold for AED 1,750,000 to 3,600,000 in the last 12 months, around AED 1,531 per sqft.

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Mortgage on 1721, World Trade Centre Residence

Starts from the last sale price (AED 3.63M, 25 December 2008). Switch to today's estimate once you have unlocked it.
Price
AED 3,630,000
Deposit, UAE resident (20%)
AED 726,000
Deposit, non-resident (40%)
AED 1,452,000
Monthly over 25 years at 3.7%
AED 14,851

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