1-bed · 969 sqftWorld Trade Centre Residence, Trade Center Second · 9th floor · completed 2008

908, World Trade Centre Residence

Sold prices and rental history: sold once, by the developer in March 2009, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 908 · DLD and Ejari recordsUpdated 15 April 2018
Last soldAED 1.45M17 March 2009
Current rentAED 90K /yr15 April 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 908, World Trade Centre Residence

What is 908 worth today?

Last sold for AED 1,450,000 in 2009

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15 Apr 2018RentedNew contract
AED 90,000/yr12 months · AED 93 per sqft
25 Apr 2016RentedNew contract
AED 120,000/yr12 months · AED 124 per sqft
11 Aug 2014RentedNew contract
AED 110,000/yr12 months · AED 114 per sqft
11 Aug 2013RentedNew contract
AED 100,000/yr12 months · AED 103 per sqft
11 Aug 2012RentedNew contract
AED 90,000/yr12 months · AED 93 per sqft
17 Mar 2009Sold by developerReady
AED 1,450,000AED 1,496 per sqft

Source: Dubai Land Department. Updated 15 April 2018.

Key facts

Type
1-bed apartment
Size
969 sqft
Floor
9th of 39
Parking
B2-172
Developer
Jumeirah Group
Completed
2008
Service charge
AED 32,900 /yr
Last sold
AED 1.45M · March 2009

About 908, World Trade Centre Residence

908 is a one-bedroom apartment of 969 sqft on the 9th 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 17 March 2009 for AED 1,450,000, or AED 1,496 per sqft, 5% below the AED 1,578 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, signed on 15 April 2018, is AED 90,000 a year: a gross yield of 6.2% on the 2009 price, before the service charge of about AED 32,900 a year.

Sales and rents for 908 over time

Sales
Unit 908, each saleTypical one-bed in World Trade Centre Residence
1M2M2008201320182023Typical sale price by year: 2008 AED 2,294,000; 2009 AED 1,520,000; 2011 AED 805,000; 2013 AED 1,495,000; 2015 AED 1,500,000; 2017 AED 1,380,000; 2019 AED 1,050,000; 2023 AED 1,168,000; 2024 AED 1,800,000; 2025 AED 1,603,966Sold by developer, March 2009: AED 1,450,000 (AED 1,496 per sqft)

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

Rents
Unit 908, each contractTypical one-bed in World Trade Centre Residence
75K100K125K2012201620202024Typical rent by year: 2012 AED 90,000; 2013 AED 106,000; 2014 AED 120,000; 2015 AED 130,000; 2016 AED 122,500; 2017 AED 110,000; 2018 AED 107,500; 2019 AED 110,333; 2020 AED 95,000; 2021 AED 80,000; 2022 AED 80,000; 2023 AED 110,000; 2024 AED 120,000; 2025 AED 120,000; 2026 AED 122,500New contract, August 2012: AED 90,000 a yearNew contract, August 2013: AED 100,000 a yearNew contract, August 2014: AED 110,000 a yearNew contract, April 2016: AED 120,000 a yearNew contract, April 2018: AED 90,000 a year

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

1-beds in World Trade Centre Residence, and where 908 sits

All 29 1-beds →

908 last sold in March 2009 at AED 1,496 per sqft, 5% below what one-beds in World Trade Centre Residence were fetching at the time (AED 1,578). 908's AED 90,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Sep 20251,603,966
11 Jun 20252,050,000
15 Jan 20251,425,000
12 Dec 20242,928,000
0 1-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
9013-bedAED 4.04M · Dec 2008
9023-bedAED 4.15M · Apr 2013
9033-bedAED 4.1M · Aug 2012
9043-bedAED 3.95M · Dec 2008
9053-bedAED 3.7M · Apr 2024
9062-bedAED 2M · Sep 2009
9074-bedAED 5.9M · Aug 2024
1–7 of 22

908, World Trade Centre Residence in numbers

  • Sold once: by Jumeirah Group on 17 March 2009 for AED 1,450,000, or AED 1,496 per sqft.
  • Rented since August 2012 on 5 Ejari contracts, at AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2009 price is 6.2%, before a service charge of about AED 32,900 a year (AED 33.98 per sqft).

Source: Dubai Land Department. Updated 15 April 2018.

Questions about 908, World Trade Centre Residence

What did unit 908 last sell for?

AED 1,450,000 on 17 March 2009, sold by the developer: AED 1,496 per sqft for 969 sqft. It is the only registered sale of the unit.

What is the rent for unit 908?

AED 90,000 a year on the contract signed on 15 April 2018. The previous contract, from April 2016, was AED 120,000; the unit has been rented since August 2012.

How big is unit 908?

969 sqft (90.0 sqm): a one-bedroom apartment on the 9th floor of a 39-storey tower completed in 2008.

What is unit 908 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 908, World Trade Centre Residence

Starts from the last sale price (AED 1.45M, 17 March 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,000
Deposit, UAE resident (20%)
AED 290,000
Deposit, non-resident (40%)
AED 580,000
Monthly over 25 years at 3.7%
AED 5,932

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