3-bed · 2,788 sqftWorld Trade Centre Residence, Trade Center Second · 23rd floor · completed 2008

2304, World Trade Centre Residence

Sold prices and rental history: sold once, by the developer in September 2009, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2304 · DLD and Ejari recordsUpdated 10 February 2024
Last soldAED 2.14M1 September 2009
Current rentAED 265K /yr10 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2304, World Trade Centre Residence

What is 2304 worth today?

Last sold for AED 2,140,000 in 2009

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10 Feb 2024RentedRenewal
AED 265,000/yr12 months · AED 95 per sqft
10 Feb 2023RentedNew contract
AED 265,000/yr12 months · AED 95 per sqft
20 Jul 2021RentedNew contract
AED 170,000/yr12 months · AED 61 per sqft
1 Sep 2019RentedRenewal
AED 170,000/yr12 months · AED 61 per sqft
1 Sep 2018RentedNew contract
AED 180,000/yr12 months · AED 65 per sqft
1 Jul 2015RentedNew contract
AED 300,000/yr12 months · AED 108 per sqft
1 Jul 2014RentedNew contract
AED 300,000/yr12 months · AED 108 per sqft
1 Sep 2009Sold by developerReady
AED 2,140,000AED 767 per sqft

Source: Dubai Land Department. Updated 10 February 2024.

Key facts

Type
3-bed apartment
Size
2,788 sqft
Floor
23rd of 39
Parking
B1-060,061
Developer
Jumeirah Group
Completed
2008
Service charge
AED 94,700 /yr
Last sold
AED 2.14M · September 2009

About 2304, World Trade Centre Residence

2304 is a three-bedroom apartment of 2,788 sqft on the 23rd 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 1 September 2009 for AED 2,140,000, or AED 767 per sqft, 49% below the AED 1,499 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 10 February 2024, is AED 265,000 a year: a gross yield of 12.4% on the 2009 price, before the service charge of about AED 94,700 a year.

Sales and rents for 2304 over time

Sales
Unit 2304, 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, September 2009: AED 2,140,000 (AED 767 per sqft)

2304 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2304, 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, July 2014: AED 300,000 a yearNew contract, July 2015: AED 300,000 a yearNew contract, September 2018: AED 180,000 a yearRenewal, September 2019: AED 170,000 a yearNew contract, July 2021: AED 170,000 a yearNew contract, February 2023: AED 265,000 a yearRenewal, February 2024: AED 265,000 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 2304 sits

All 102 3-beds →

2304 last sold in September 2009 at AED 767 per sqft, 49% below what three-beds in World Trade Centre Residence were fetching at the time (AED 1,499). 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. 2304's AED 265,000 is in the lower half 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
23013-bedAED 3.6M · Jul 2010
23023-bedAED 4.38M · Oct 2023
23033-bedAED 4.33M · Dec 2008
23053-bedAED 4.02M · Feb 2009
23062-bedAED 3.7M · Jan 2025
23074-bedAED 7.42M · May 2012
23081-bedAED 1.15M · Jun 2023
1–7 of 22

2304, World Trade Centre Residence in numbers

  • Sold once: by Jumeirah Group on 1 September 2009 for AED 2,140,000, or AED 767 per sqft.
  • Rented since July 2014 on 7 Ejari contracts. The rent fell from AED 300,000 to AED 170,000 in 2021 and recovered to AED 265,000 by February 2024.
  • At AED 265,000 a year the gross yield on the 2009 price is 12.4%, before a service charge of about AED 94,700 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 10 February 2024.

Questions about 2304, World Trade Centre Residence

What did unit 2304 last sell for?

AED 2,140,000 on 1 September 2009, sold by the developer: AED 767 per sqft for 2,788 sqft. It is the only registered sale of the unit.

What is the rent for unit 2304?

AED 265,000 a year on the contract renewed on 10 February 2024. The previous contract, from February 2023, was AED 265,000; the unit has been rented since July 2014.

How big is unit 2304?

2,788 sqft (259.0 sqm): a three-bedroom apartment on the 23rd floor of a 39-storey tower completed in 2008.

What is unit 2304 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 2304, World Trade Centre Residence

Starts from the last sale price (AED 2.14M, 1 September 2009). Switch to today's estimate once you have unlocked it.
Price
AED 2,140,000
Deposit, UAE resident (20%)
AED 428,000
Deposit, non-resident (40%)
AED 856,000
Monthly over 25 years at 3.7%
AED 8,755

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