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3-bed · 4,133 sqftWorld Trade Centre Residence, Trade Center Second · 27th floor · completed 2008

2723, World Trade Centre Residence

Sold prices and rental history: sold twice, last in August 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2723 · DLD and Ejari recordsUpdated 16 August 2024
Last soldAED 5.95M16 August 2024
Current rentAED 220K /yr1 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2723, World Trade Centre Residence

What is 2723 worth today?

Last sold for AED 5,950,000 in 2024

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16 Aug 2024SoldReady
AED 5,950,000AED 1,439 per sqft
1 Oct 2022RentedNew contract
AED 220,000/yr12 months · AED 53 per sqft
31 Aug 2020RentedRenewal
AED 219,391/yr13 months · AED 53 per sqft
1 Jul 2020RentedRenewal
AED 396,393/yr2 months · AED 96 per sqft
1 Jan 2020RentedRenewal
AED 260,000/yr6 months · AED 63 per sqft
1 Jan 2019RentedNew contract
AED 260,000/yr12 months · AED 63 per sqft
1 Jan 2018RentedNew contract
AED 260,000/yr12 months · AED 63 per sqft
3 Aug 2009Sold by developerReady
AED 7,310,000AED 1,768 per sqft

Source: Dubai Land Department. Updated 16 August 2024.

Key facts

Type
3-bed apartment
Size
4,133 sqft
Floor
27th of 39
Parking
P1-144,145
Developer
Jumeirah Group
Completed
2008
Service charge
AED 140,400 /yr
Last sold
AED 5.95M · August 2024
Building
World Trade Centre Residence

About 2723, World Trade Centre Residence

2723 is a three-bedroom apartment of 4,133 sqft on the 27th floor of World Trade Centre Residence, a 39-storey tower in Trade Center Second completed in 2008 by Jumeirah Group. It last sold on 16 August 2024 for AED 5,950,000, or AED 1,439 per sqft, 5% above the AED 1,366 three-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 1 October 2022, is AED 220,000 a year: a gross yield of 3.7% on the 2024 price, before the service charge of about AED 140,400 a year.

Sales and rents for 2723 over time

Sales
Unit 2723, each saleTypical three-bed in World Trade Centre Residence
2.5M5M7.5M2008201320182023Typical 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, August 2009: AED 7,310,000 (AED 1,768 per sqft)Sold, August 2024: AED 5,950,000 (AED 1,439 per sqft)

2723 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2723, each contractTypical three-bed in World Trade Centre Residence
200K300K400K2013201720212025Typical 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, January 2018: AED 260,000 a yearNew contract, January 2019: AED 260,000 a yearRenewal, January 2020: AED 260,000 a yearRenewal, July 2020: AED 396,393 a yearRenewal, August 2020: AED 219,391 a yearNew contract, October 2022: AED 220,000 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 2723 sits

All 102 3-beds →

2723 last sold in August 2024 at AED 1,439 per sqft, 5% above what three-beds in World Trade Centre Residence were fetching at the time (AED 1,366). 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. 2723's AED 220,000 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 →

Other units on the 27th floor

All 366 units in World Trade Centre Residence
Value
27013-bedAED 3M · Sep 2022
27023-bedAED 3.67M · Jul 2023
27033-bedAED 5.3M · Jun 2014
27043-bedAED 4.4M · Nov 2023
27053-bedAED 2.06M · Sep 2009
27062-bedAED 2.3M · Jul 2022
27074-bedAED 9M · Apr 2009
1–7 of 22

2723, World Trade Centre Residence in numbers

  • Sold twice: first on 3 August 2009 for AED 7,310,000, last on 16 August 2024 for AED 5,950,000 (AED 1,439 per sqft).
  • Rented since January 2018 on 6 Ejari contracts, from AED 260,000 to AED 220,000 a year.
  • At AED 220,000 a year the gross yield on the 2024 price is 3.7%, before a service charge of about AED 140,400 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 16 August 2024.

Questions about 2723, World Trade Centre Residence

What did unit 2723 last sell for?

AED 5,950,000 on 16 August 2024: AED 1,439 per sqft for 4,133 sqft. The unit has 2 registered sales; the first was AED 7,310,000 in August 2009.

What is the rent for unit 2723?

AED 220,000 a year on the contract signed on 1 October 2022. The previous contract, from August 2020, was AED 219,391; the unit has been rented since January 2018.

How big is unit 2723?

4,133 sqft (384.0 sqm): a three-bedroom apartment on the 27th floor of a 39-storey tower completed in 2008.

What is unit 2723 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 2723, World Trade Centre Residence

Starts from the last sale price (AED 5.95M, 16 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 5,950,000
Deposit, UAE resident (20%)
AED 1,190,000
Deposit, non-resident (40%)
AED 2,380,000
Monthly over 25 years at 3.7%
AED 24,343

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