Unit 1401, Residence 22: what it sold for and what it is worth now

Unit 1401 at Residence 22 is a 4 bed of 4,781 sq ft. It last sold for AED 14,432,000 on 1 Oct 2024. At AED 3,019 per sq ft, from 31 sales of units ending 01 (same position in the tower), it is worth about AED 14,432,000 today.

Value todayAED 14,432,000AED 14,423,000 to AED 15,794,000
Last saleAED 14,432,0001 Oct 2024 · Resale
Change since last sale+0.0%Building trend alone: AED 14,432,000
Rent (median asking, 4 bed)AED 1,300,000Gross yield 9.0%
Bedrooms4 bed
Size4,781 sq ft
Floor14 (from the unit number)
Position in the towerStack 01: units ending 01 share the same layout and view
BuildingResidence 22 by National Trading & Developing Est, handed over 2016
Registered sales of this unit2

Every registered sale of unit 1401

DatePriceSizeAED/sq ftType
1 Oct 2024AED 14,432,0004,781 sq ft3,019Resale
26 May 2022AED 8,794,4544,781 sq ft1,839Resale

Units ending 01 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
15018 May 2025AED 16,260,0684,922 sq ft3,304Resale
11018 May 2025AED 15,794,2864,781 sq ft3,304Resale
17018 May 2025AED 16,260,0684,922 sq ft3,304Resale
21018 May 2025AED 16,260,0684,922 sq ft3,304Resale
70124 Apr 2025AED 15,794,2864,781 sq ft3,304Resale
30124 Apr 2025AED 21,097,0936,387 sq ft3,303Resale
90124 Apr 2025AED 15,794,2864,781 sq ft3,304Resale
130124 Apr 2025AED 15,794,2864,781 sq ft3,304Resale

Latest 4 bed sales in Residence 22

UnitDatePriceSizeAED/sq ftType
15018 May 2025AED 16,260,0684,922 sq ft3,304Resale
11018 May 2025AED 15,794,2864,781 sq ft3,304Resale
17018 May 2025AED 16,260,0684,922 sq ft3,304Resale
21018 May 2025AED 16,260,0684,922 sq ft3,304Resale
70124 Apr 2025AED 15,794,2864,781 sq ft3,304Resale
30124 Apr 2025AED 21,097,0936,387 sq ft3,303Resale
90124 Apr 2025AED 15,794,2864,781 sq ft3,304Resale
130124 Apr 2025AED 15,794,2864,781 sq ft3,304Resale

How we worked out the value

We took the 31 resale sales of units ending 01 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 3,019). We multiplied it by the size of this unit (4,781 sq ft). The range uses the middle half of those sales (AED 3,017 to AED 3,304 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 14,432,000. Floor, view, condition and upgrades can move the price either way. Sales data to 8 May 2025, from the Dubai Land Department register.

Questions

What is unit 1401 at Residence 22 worth?

About AED 14,432,000 (range AED 14,423,000 to AED 15,794,000), based on AED 3,019 per sq ft from registered sales up to 8 May 2025.

When did unit 1401 last sell?

1 Oct 2024, for AED 14,432,000 (resale). It has 2 registered sales.

What rent can unit 1401 make?

A 4 bed in Residence 22 rents for about AED 1,300,000 a year (median asking rent). That is a gross yield of 9.0% on the estimate.

Sales alert for Residence 22All sales in Residence 22

Unit 1301 · Unit 1501