Unit R-22-03, Dorchester Collection Dubai: what it sold for and what it is worth now

Unit R-22-03 at Dorchester Collection Dubai is a 4 bed of 7,777 sq ft. It last sold for AED 39,250,000 on 26 Aug 2022. At AED 5,047 per sq ft, from 9 sales in the building in the last 12 months (4 bed), it is worth about AED 39,250,000 today.

Value todayAED 39,250,000AED 35,217,000 to AED 42,459,000
Last saleAED 39,250,00026 Aug 2022 · Off-plan
Change since last sale+0.0%Building trend alone: AED 38,988,346
Rent (median asking, 4 bed)AED 3,900,000Gross yield 9.9%
Bedrooms4 bed
Size7,777 sq ft
BuildingDorchester Collection Dubai by Omniyat, handed over 2023
Registered sales of this unit2

Every registered sale of unit R-22-03

DatePriceSizeAED/sq ftType
26 Aug 2022AED 39,250,0007,777 sq ft5,047Off-plan
4 Feb 2022AED 35,106,5147,777 sq ft4,514Off-plan

Latest 4 bed sales in Dorchester Collection Dubai

UnitDatePriceSizeAED/sq ftType
R-09-0123 May 2023AED 34,900,0007,707 sq ft4,528Off-plan
R-27-013 Nov 2022AED 57,085,36511,434 sq ft4,993Off-plan
R-23-022 Nov 2022AED 65,800,00010,211 sq ft6,444Off-plan
R-19-0219 Oct 2022AED 45,000,00010,057 sq ft4,474Off-plan
R-20-0125 Aug 2022AED 42,000,0007,693 sq ft5,460Off-plan
R-07-0116 Aug 2022AED 32,802,2897,678 sq ft4,272Off-plan
R-06-036 Jul 2022AED 45,000,0007,904 sq ft5,693Off-plan
R-20-037 Jun 2022AED 40,522,5987,762 sq ft5,221Off-plan

How we worked out the value

We took the 9 sales in Dorchester Collection Dubai in the last 12 months (4 bed), worked out the price per sq ft of each, and used the middle value (AED 5,047). We multiplied it by the size of this unit (7,777 sq ft). The range uses the middle half of those sales (AED 4,528 to AED 5,460 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 38,988,346. Floor, view, condition and upgrades can move the price either way. Sales data to 23 May 2023, from the Dubai Land Department register.

Questions

What is unit R-22-03 at Dorchester Collection Dubai worth?

About AED 39,250,000 (range AED 35,217,000 to AED 42,459,000), based on AED 5,047 per sq ft from registered sales up to 23 May 2023.

When did unit R-22-03 last sell?

26 Aug 2022, for AED 39,250,000 (off-plan). It has 2 registered sales.

What rent can unit R-22-03 make?

A 4 bed in Dorchester Collection Dubai rents for about AED 3,900,000 a year (median asking rent). That is a gross yield of 9.9% on the estimate.

Sales alert for Dorchester Collection DubaiAll sales in Dorchester Collection Dubai

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