1-bed · 774 sqftPG Upperhouse, Al Furjan · 5th floor · completed 2023

508, PG Upperhouse

Sold prices and rental history: sold once, by the developer in May 2023, and rented once, from September 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 25 September 2023
Last soldAED 732K4 May 2023
Current rentAED 70K /yr25 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, PG Upperhouse

What is 508 worth today?

Last sold for AED 732,000 in 2023

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25 Sep 2023RentedNew contract
AED 70,000/yr12 months · AED 92 per sqft
4 May 2023Sold by developerOff-plan
AED 732,000AED 945 per sqft

Source: Dubai Land Department. Updated 25 September 2023.

Key facts

Type
1-bed apartment
Size
774 sqft
Floor
5th of 13
Parking
B2-14
Developer
Pure Gold Real Estate Development
Completed
2023
Service charge
AED 11,700 /yr
Last sold
AED 732K · May 2023

About 508, PG Upperhouse

508 is a one-bedroom apartment of 774 sqft on the 5th floor of PG Upperhouse, a 13-storey tower in Al Furjan completed in 2023 by Pure Gold Real Estate Development. The developer sold it on 4 May 2023 for AED 732,000, or AED 945 per sqft, in line with the AED 932 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 25 September 2023. The current contract, signed on 25 September 2023, is AED 70,000 a year: a gross yield of 9.6% on the 2023 price, before the service charge of about AED 11,700 a year.

Sales and rents for 508 over time

Sales
Unit 508, each saleTypical one-bed in PG Upperhouse
800K1M1.2M202220242026Typical sale price by year: 2022 AED 843,221; 2023 AED 874,273; 2024 AED 1,170,000; 2025 AED 1,050,000; 2026 AED 1,137,500Sold by developer, May 2023: AED 732,000 (AED 945 per sqft)

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

Rents
Unit 508, each contractTypical one-bed in PG Upperhouse
70K75K80K20232024202520262027Typical rent by year: 2024 AED 78,000; 2025 AED 80,500; 2026 AED 75,601New contract, September 2023: AED 70,000 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 PG Upperhouse, and where 508 sits

All 103 1-beds →

508 last sold in May 2023 at AED 945 per sqft, in line with what one-beds in PG Upperhouse were fetching at the time (AED 932). Over the last 12 months one-beds sold for AED 1,000,000 to 1,300,000, around AED 1,356 per sqft, and rent for AED 20,852 to 125,676 a year. 508's AED 70,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
1 Jul 20261,100,000
1 Jul 20261,125,000
24 Jun 20261,270,000
4 Jun 20261,075,000
13 1-bed sales in the last 12 months

PG Upperhouse

Building

103 apartments, 1-bed over 13 floors in Al Furjan, completed in 2023 by Pure Gold Real Estate Development. 13 sold in the last 12 months.

Typical price per sqft
AED 1,356
Typical sale
AED 1.13M
Typical rent
AED 79K /yr
Typical yield
6.9%
PG Upperhouse, Al Furjan: prices, sales and rents →

Other units on the 5th floor

All 103 units in PG Upperhouse
Value
5011-bedAED 1.01M · Nov 2023
5021-bedAED 911K · Apr 2023
5031-bedAED 967K · May 2023
5041-bedAED 866K · Nov 2023
5051-bedAED 869K · Mar 2023
5061-bedAED 870K · Mar 2023
5071-bedAED 700K · Jan 2025

508, PG Upperhouse in numbers

  • Sold once: by Pure Gold Real Estate Development on 4 May 2023 for AED 732,000, or AED 945 per sqft.
  • Rented since September 2023 on one Ejari contract, at AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2023 price is 9.6%, before a service charge of about AED 11,700 a year (AED 15.16 per sqft).
  • One-beds in PG Upperhouse sold for AED 1,000,000–1,300,000 in the 12 months to November 2026; the building's median across all types is AED 1,356 per sqft.

Source: Dubai Land Department. Updated 25 September 2023.

Questions about 508, PG Upperhouse

What did unit 508 last sell for?

AED 732,000 on 4 May 2023, sold by the developer: AED 945 per sqft for 774 sqft. It is the only registered sale of the unit.

What is the rent for unit 508?

AED 70,000 a year on the contract signed on 25 September 2023.

How big is unit 508?

774 sqft (71.9 sqm): a one-bedroom apartment on the 5th floor of a 13-storey tower completed in 2023.

What is unit 508 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in PG Upperhouse sold for AED 1,000,000 to 1,300,000 in the last 12 months, around AED 1,356 per sqft.

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Mortgage on 508, PG Upperhouse

Starts from the last sale price (AED 732K, 4 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 732,000
Deposit, UAE resident (20%)
AED 146,400
Deposit, non-resident (40%)
AED 292,800
Monthly over 25 years at 3.7%
AED 2,995

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