4-bed · 3,638 sqftWorld Trade Centre Residence, Trade Center Second · 34th floor · completed 2008

3406, World Trade Centre Residence

Sold prices and rental history: sold twice, last in August 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3406 · DLD and Ejari recordsUpdated 16 August 2023
Last soldAED 6.5M16 August 2023
Current rentAED 250K /yr25 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3406, World Trade Centre Residence

What is 3406 worth today?

Last sold for AED 6,500,000 in 2023

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16 Aug 2023SoldReady
AED 6,500,000AED 1,786 per sqft
25 Dec 2021RentedRenewal
AED 250,000/yr12 months · AED 69 per sqft
25 Dec 2020RentedNew contract
AED 132,500/yr24 months · AED 36 per sqft
25 Dec 2020RentedNew contract
AED 265,000/yr12 months · AED 73 per sqft
25 Dec 2019RentedRenewal
AED 280,000/yr12 months · AED 77 per sqft
25 Aug 2019RentedRenewal
AED 280,000/yr4 months · AED 77 per sqft
25 Aug 2018RentedRenewal
AED 300,000/yr12 months · AED 82 per sqft
25 Aug 2017RentedRenewal
AED 325,000/yr12 months · AED 89 per sqft

Source: Dubai Land Department. Updated 16 August 2023.

Key facts

Type
4-bed apartment
Size
3,638 sqft
Floor
34th of 39
Parking
P1-087,088
Developer
Jumeirah Group
Completed
2008
Service charge
AED 123,600 /yr
Last sold
AED 6.5M · August 2023

About 3406, World Trade Centre Residence

3406 is a four-bedroom apartment of 3,638 sqft on the 34th 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 2023 for AED 6,500,000, or AED 1,786 per sqft, 3% above the AED 1,730 four-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 25 December 2021, is AED 250,000 a year: a gross yield of 3.9% on the 2023 price, before the service charge of about AED 123,600 a year.

Sales and rents for 3406 over time

Sales
Unit 3406, each saleTypical four-bed in World Trade Centre Residence
2.5M5M7.5M2008201320182023Typical sale price by year: 2008 AED 5,080,000; 2009 AED 5,045,000; 2010 AED 3,000,000; 2012 AED 4,170,000; 2013 AED 5,550,000; 2016 AED 6,000,000; 2017 AED 5,650,000; 2018 AED 4,000,000; 2021 AED 3,902,500; 2023 AED 4,625,000; 2024 AED 5,900,000; 2025 AED 5,825,000Sold by developer, April 2016: AED 7,800,000 (AED 2,144 per sqft)Sold, August 2023: AED 6,500,000 (AED 1,786 per sqft)

3406 has sold twice; the dashed line is the four-bed median of each year in the building.

Rents
Unit 3406, each contractTypical four-bed in World Trade Centre Residence
200K2013201720212025Typical rent by year: 2013 AED 320,000; 2014 AED 322,500; 2015 AED 327,500; 2016 AED 315,000; 2017 AED 300,000; 2018 AED 285,000; 2019 AED 250,000; 2020 AED 241,679; 2021 AED 240,000; 2022 AED 225,000; 2023 AED 273,000; 2024 AED 285,000; 2025 AED 357,955; 2026 AED 322,500New contract, May 2013: AED 340,000 a yearNew contract, April 2014: AED 355,028 a yearNew contract, August 2015: AED 350,000 a yearNew contract, August 2016: AED 350,000 a yearRenewal, August 2017: AED 325,000 a yearRenewal, August 2018: AED 300,000 a yearRenewal, August 2019: AED 280,000 a yearRenewal, December 2019: AED 280,000 a yearNew contract, December 2020: AED 132,500 a yearNew contract, December 2020: AED 265,000 a yearRenewal, December 2021: AED 250,000 a year

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

4-beds in World Trade Centre Residence, and where 3406 sits

All 52 4-beds →

3406 last sold in August 2023 at AED 1,786 per sqft, 3% above what four-beds in World Trade Centre Residence were fetching at the time (AED 1,730). Over the last 12 months four-beds sold for AED 4,900,000 to 6,500,000, around AED 1,520 per sqft, and rent for AED 250,000 to 360,000 a year. 3406's AED 250,000 is at the bottom of that range.

Recent 4-bed salesUnit no.Price (AED)Summary
27 Feb 20266,500,000
13 Jan 20265,500,000
14 Nov 20254,900,000
11 Sep 20254,300,000
3 4-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
34013-bedAED 3.9M · Feb 2024
34024-bedAED 4.65M · Dec 2023
34044-bedAED 7M · Jan 2010
34053-bedAED 4M · Jan 2026

3406, World Trade Centre Residence in numbers

  • Sold twice: first on 14 April 2016 for AED 7,800,000, last on 16 August 2023 for AED 6,500,000 (AED 1,786 per sqft).
  • Rented since May 2013 on 11 Ejari contracts. The rent fell from AED 340,000 to AED 132,500 in 2020 and recovered to AED 250,000 by December 2021.
  • At AED 250,000 a year the gross yield on the 2023 price is 3.9%, before a service charge of about AED 123,600 a year (AED 33.98 per sqft).
  • Four-beds in World Trade Centre Residence sold for AED 4,900,000–6,500,000 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 2023.

Questions about 3406, World Trade Centre Residence

What did unit 3406 last sell for?

AED 6,500,000 on 16 August 2023: AED 1,786 per sqft for 3,638 sqft. The unit has 2 registered sales; the first was AED 7,800,000 in April 2016.

What is the rent for unit 3406?

AED 250,000 a year on the contract renewed on 25 December 2021. The previous contract, from December 2020, was AED 132,500; the unit has been rented since May 2013.

How big is unit 3406?

3,638 sqft (338.0 sqm): a four-bedroom apartment on the 34th floor of a 39-storey tower completed in 2008.

What is unit 3406 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in World Trade Centre Residence sold for AED 4,900,000 to 6,500,000 in the last 12 months, around AED 1,520 per sqft.

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Mortgage on 3406, World Trade Centre Residence

Starts from the last sale price (AED 6.5M, 16 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 6,500,000
Deposit, UAE resident (20%)
AED 1,300,000
Deposit, non-resident (40%)
AED 2,600,000
Monthly over 25 years at 3.7%
AED 26,594

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