2-bed · 1,055 sqftWorld Trade Centre Residence, Trade Center Second · 23rd floor · completed 2008

2312, World Trade Centre Residence

Sold prices and rental history: sold 4 times, last in May 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2312 · DLD and Ejari recordsUpdated 2 May 2024
Last soldAED 3M2 May 2024
Current rentAED 130K /yr1 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2312, World Trade Centre Residence

What is 2312 worth today?

Last sold for AED 3,000,000 in 2024

Unlock today's estimate, updated daily, with

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

2 May 2024SoldReady
AED 3,000,000AED 2,843 per sqft
1 Oct 2022RentedRenewal
AED 130,000/yr12 months · AED 62 per sqft
1 Oct 2021RentedRenewal
AED 110,250/yr12 months · AED 52 per sqft
1 Oct 2020RentedNew contract
AED 105,000/yr12 months · AED 50 per sqft
18 Aug 2018RentedNew contract
AED 180,000/yr12 months · AED 85 per sqft
6 Dec 2017SoldReady
AED 3,000,000AED 2,843 per sqft
1 Jul 2017RentedNew contract
AED 200,000/yr12 months · AED 95 per sqft
9 Sep 2013SoldReady
AED 3,400,000AED 1,611 per sqft

Source: Dubai Land Department. Updated 2 May 2024.

Key facts

Type
2-bed apartment
Size
1,055 sqft
Floor
23rd of 39
Parking
B1-052
Developer
Jumeirah Group
Completed
2008
Service charge
AED 35,900 /yr
Last sold
AED 3M · May 2024

About 2312, World Trade Centre Residence

2312 is a two-bedroom apartment of 1,055 sqft on the 23rd floor of World Trade Centre Residence, a 39-storey tower in Trade Center Second completed in 2008 by Jumeirah Group. It last sold on 2 May 2024 for AED 3,000,000, or AED 2,843 per sqft, 133% above the AED 1,221 two-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 1 October 2022, is AED 130,000 a year: a gross yield of 4.3% on the 2024 price, before the service charge of about AED 35,900 a year.

Sales and rents for 2312 over time

Sales
Unit 2312, each saleTypical two-bed in World Trade Centre Residence
2M3M2008201320182023Typical 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, February 2009: AED 2,986,450 (AED 1,415 per sqft)Sold, September 2013: AED 3,400,000 (AED 1,611 per sqft)Sold, December 2017: AED 3,000,000 (AED 2,843 per sqft)Sold, May 2024: AED 3,000,000 (AED 2,843 per sqft)

2312 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2312, each contractTypical two-bed in World Trade Centre Residence
100K150K200K2012201620202024Typical 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, July 2017: AED 200,000 a yearNew contract, August 2018: AED 180,000 a yearNew contract, October 2020: AED 105,000 a yearRenewal, October 2021: AED 110,250 a yearRenewal, October 2022: AED 130,000 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 2312 sits

All 182 2-beds →

2312 last sold in May 2024 at AED 2,843 per sqft, 133% above what two-beds in World Trade Centre Residence were fetching at the time (AED 1,221). 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. 2312's AED 130,000 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
23013-bedAED 3.6M · Jul 2010
23023-bedAED 4.38M · Oct 2023
23033-bedAED 4.33M · Dec 2008
23043-bedAED 2.14M · Sep 2009
23053-bedAED 4.02M · Feb 2009
23062-bedAED 3.7M · Jan 2025
23074-bedAED 7.42M · May 2012
1–7 of 22

2312, World Trade Centre Residence in numbers

  • Sold 4 times: first on 12 February 2009 for AED 2,986,450, last on 2 May 2024 for AED 3,000,000 (AED 2,843 per sqft).
  • Rented since July 2017 on 5 Ejari contracts. The rent fell from AED 200,000 to AED 105,000 in 2020 and recovered to AED 130,000 by October 2022.
  • At AED 130,000 a year the gross yield on the 2024 price is 4.3%, before a service charge of about AED 35,900 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 2 May 2024.

Questions about 2312, World Trade Centre Residence

What did unit 2312 last sell for?

AED 3,000,000 on 2 May 2024: AED 2,843 per sqft for 1,055 sqft. The unit has 4 registered sales; the first was AED 2,986,450 in February 2009.

What is the rent for unit 2312?

AED 130,000 a year on the contract renewed on 1 October 2022. The previous contract, from October 2021, was AED 110,250; the unit has been rented since July 2017.

How big is unit 2312?

1,055 sqft (98.0 sqm): a two-bedroom apartment on the 23rd floor of a 39-storey tower completed in 2008.

What is unit 2312 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.

Selling 2312? 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 2312, World Trade Centre Residence

Starts from the last sale price (AED 3M, 2 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

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