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

316, World Trade Centre Residence

Sold prices and rental history: sold twice, last in September 2013, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 316 · DLD and Ejari recordsUpdated 1 March 2024
Last soldAED 3.83M19 September 2013
Current rentAED 180K /yr1 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 316, World Trade Centre Residence

What is 316 worth today?

Last sold for AED 3,825,000 in 2013

Unlock today's estimate, updated daily, with

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

1 Mar 2024RentedRenewal
AED 180,000/yr12 months · AED 73 per sqft
1 Mar 2023RentedNew contract
AED 180,000/yr12 months · AED 73 per sqft
19 Sep 2013SoldReady
AED 3,825,000AED 1,551 per sqft
24 Sep 2012RentedNew contract
AED 175,000/yr12 months · AED 71 per sqft
18 Dec 2008Sold by developerReady
AED 3,830,000AED 1,553 per sqft

Source: Dubai Land Department. Updated 1 March 2024.

Key facts

Type
3-bed apartment
Size
2,465 sqft
Floor
3rd of 39
Parking
B2-116,117
Developer
Jumeirah Group
Completed
2008
Service charge
AED 83,800 /yr
Last sold
AED 3.83M · September 2013

About 316, World Trade Centre Residence

316 is a three-bedroom apartment of 2,465 sqft on the 3rd floor of World Trade Centre Residence, a 39-storey tower in Trade Center Second completed in 2008 by Jumeirah Group. It last sold on 19 September 2013 for AED 3,825,000, or AED 1,551 per sqft, 3% above the AED 1,500 three-beds in the building were fetching at the time.

It has been rented since 2012 on 3 Ejari contracts. The current contract, renewed on 1 March 2024, is AED 180,000 a year: a gross yield of 4.7% on the 2013 price, before the service charge of about AED 83,800 a year.

Sales and rents for 316 over time

Sales
Unit 316, each saleTypical three-bed in World Trade Centre Residence
4M6M2008201320182023Typical 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 3,830,000 (AED 1,553 per sqft)Sold, September 2013: AED 3,825,000 (AED 1,551 per sqft)

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

Rents
Unit 316, each contractTypical three-bed in World Trade Centre Residence
200K300K2012201620202024Typical 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, September 2012: AED 175,000 a yearNew contract, March 2023: AED 180,000 a yearRenewal, March 2024: AED 180,000 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 316 sits

All 102 3-beds →

316 last sold in September 2013 at AED 1,551 per sqft, 3% above what three-beds in World Trade Centre Residence were fetching at the time (AED 1,500). 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. 316's AED 180,000 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
3014-bedAED 4.11M · Dec 2008
3024-bedAED 3.25M · May 2012
3034-bedAED 4.3M · Sep 2025
3044-bedAED 2.01M · Oct 2010
3054-bedAED 4M · Apr 2018
3062-bedAED 3.98M · Feb 2009
3074-bedAED 6.72M · Sep 2013
1–7 of 22

316, World Trade Centre Residence in numbers

  • Sold twice: first on 18 December 2008 for AED 3,830,000, last on 19 September 2013 for AED 3,825,000 (AED 1,551 per sqft).
  • Rented since September 2012 on 3 Ejari contracts, from AED 175,000 to AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2013 price is 4.7%, 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 1 March 2024.

Questions about 316, World Trade Centre Residence

What did unit 316 last sell for?

AED 3,825,000 on 19 September 2013: AED 1,551 per sqft for 2,465 sqft. The unit has 2 registered sales; the first was AED 3,830,000 in December 2008.

What is the rent for unit 316?

AED 180,000 a year on the contract renewed on 1 March 2024. The previous contract, from March 2023, was AED 180,000; the unit has been rented since September 2012.

How big is unit 316?

2,465 sqft (229.0 sqm): a three-bedroom apartment on the 3rd floor of a 39-storey tower completed in 2008.

What is unit 316 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 316? 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 316, World Trade Centre Residence

Starts from the last sale price (AED 3.83M, 19 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 3,825,000
Deposit, UAE resident (20%)
AED 765,000
Deposit, non-resident (40%)
AED 1,530,000
Monthly over 25 years at 3.7%
AED 15,649

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