2-bed · 1,413 sqftWidcombe House 2, Uptown Motorcity · 3rd floor

302, Widcombe House 2

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

Unit 302 · DLD and Ejari recordsUpdated 17 July 2013
Last soldAED 1.04M17 July 2013
Current rentAED 75K /yr7 May 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, Widcombe House 2

What is 302 worth today?

Last sold for AED 1,038,555 in 2013

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17 Jul 2013SoldReady
AED 1,038,555AED 735 per sqft
7 May 2013RentedRenewal
AED 75,000/yr12 months · AED 53 per sqft
7 May 2012RentedNew contract
AED 75,000/yr12 months · AED 53 per sqft
8 Feb 2011Sold by developerReady
AED 706,500AED 500 per sqft

Source: Dubai Land Department. Updated 17 July 2013.

Key facts

Type
2-bed apartment
Size
1,413 sqft
Floor
3rd of 3
Parking
78-80
Service charge
AED 20,500 /yr
Last sold
AED 1.04M · July 2013

About 302, Widcombe House 2

302 is a two-bedroom apartment of 1,413 sqft on the 3rd floor of Widcombe House 2, a 3-storey tower in Uptown Motorcity. It last sold on 17 July 2013 for AED 1,038,555, or AED 735 per sqft, in line with the AED 734 two-beds in the building were fetching at the time.

It has been rented since 2012 on 2 Ejari contracts. The current contract, renewed on 7 May 2013, is AED 75,000 a year: a gross yield of 7.2% on the 2013 price, before the service charge of about AED 20,500 a year.

Sales and rents for 302 over time

Sales
Unit 302, each saleTypical two-bed in Widcombe House 2
800K1M2011201220132014Typical sale price by year: 2011 AED 719,500; 2013 AED 1,057,665Sold by developer, February 2011: AED 706,500 (AED 500 per sqft)Sold, July 2013: AED 1,038,555 (AED 735 per sqft)

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

2-beds in Widcombe House 2, and where 302 sits

All 16 2-beds →

302 last sold in July 2013 at AED 735 per sqft, in line with what two-beds in Widcombe House 2 were fetching at the time (AED 734).

Recent 2-bed salesUnit no.Price (AED)Summary
3 Aug 2022930,000
23 Jul 20131,057,665
22 Jul 20131,057,665
22 Jul 20131,070,895
0 2-bed sales in the last 12 months

Widcombe House 2

Building

58 apartments, 1-bed to 3-bed over 3 floors in Uptown Motorcity. 4 sold in the last 12 months.

Typical price per sqft
AED 951
Typical sale
AED 940K
Typical rent
AED 74K /yr
Typical yield
7.6%
Widcombe House 2, Uptown Motorcity: prices, sales and rents →

Other units on the 3rd floor

All 58 units in Widcombe House 2
Value
3011-bedAED 762K · Aug 2013
3031-bedAED 1.03M · Aug 2016
3041-bedAED 809K · Oct 2013
3051-bedAED 1.08M · Jun 2026
3062-bedAED 1.04M · Jul 2013
3071-bedAED 767K · Jul 2013
3083-bedAED 1.42M · Jul 2013
1–7 of 14

302, Widcombe House 2 in numbers

  • Sold twice: first on 8 February 2011 for AED 706,500, last on 17 July 2013 for AED 1,038,555 (AED 735 per sqft).
  • Rented since May 2012 on 2 Ejari contracts, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2013 price is 7.2%, before a service charge of about AED 20,500 a year (AED 14.51 per sqft).

Source: Dubai Land Department. Updated 17 July 2013.

Questions about 302, Widcombe House 2

What did unit 302 last sell for?

AED 1,038,555 on 17 July 2013: AED 735 per sqft for 1,413 sqft. The unit has 2 registered sales; the first was AED 706,500 in February 2011.

What is the rent for unit 302?

AED 75,000 a year on the contract renewed on 7 May 2013. The previous contract, from May 2012, was AED 75,000.

How big is unit 302?

1,413 sqft (131.3 sqm): a two-bedroom apartment on the 3rd floor of a 3-storey tower.

What is unit 302 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 302, Widcombe House 2

Starts from the last sale price (AED 1.04M, 17 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,038,555
Deposit, UAE resident (20%)
AED 207,711
Deposit, non-resident (40%)
AED 415,422
Monthly over 25 years at 3.7%
AED 4,249

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