2-bed · 988 sqftStarz 2 Tower by Danube, Al Furjan · 5th floor · completed 2019

515, Starz 2 Tower by Danube

Sold prices and rental history: sold once, by the developer in August 2016, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 515 · DLD and Ejari recordsUpdated 1 August 2023
Last soldAED 989K9 August 2016
Current rentAED 60K /yr1 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 515, Starz 2 Tower by Danube

What is 515 worth today?

Last sold for AED 989,070 in 2016

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1 Aug 2023RentedNew contract
AED 60,000/yr12 months · AED 61 per sqft
17 Feb 2022RentedNew contract
AED 70,000/yr12 months · AED 71 per sqft
15 Feb 2021RentedRenewal
AED 54,000/yr12 months · AED 55 per sqft
15 Feb 2020RentedNew contract
AED 60,000/yr12 months · AED 61 per sqft
9 Aug 2016Sold by developerOff-plan
AED 989,070AED 1,000 per sqft

Source: Dubai Land Department. Updated 1 August 2023.

Key facts

Type
2-bed apartment
Size
988 sqft
Floor
5th of 15
Parking
P1-106
Developer
Danube Properties Development
Completed
2019
Service charge
AED 10,500 /yr
Last sold
AED 989K · August 2016

About 515, Starz 2 Tower by Danube

515 is a two-bedroom apartment of 988 sqft on the 5th floor of Starz 2 Tower by Danube, a 15-storey tower in Al Furjan completed in 2019 by Danube Properties Development. The developer sold it on 9 August 2016 for AED 989,070, or AED 1,000 per sqft, 5% below the AED 1,050 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 1 August 2023, is AED 60,000 a year: a gross yield of 6.1% on the 2016 price, before the service charge of about AED 10,500 a year.

Sales and rents for 515 over time

Sales
Unit 515, each saleTypical two-bed in Starz 2 Tower by Danube
800K1M1.2M2016201920222025Typical sale price by year: 2016 AED 1,038,573; 2019 AED 770,000; 2022 AED 880,000; 2025 AED 1,145,000Sold by developer, August 2016: AED 989,070 (AED 1,000 per sqft)

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

Rents
Unit 515, each contractTypical two-bed in Starz 2 Tower by Danube
60K80K20192021202320252027Typical rent by year: 2019 AED 65,000; 2020 AED 60,000; 2021 AED 57,000; 2022 AED 62,975; 2023 AED 70,000; 2024 AED 76,000; 2025 AED 83,000; 2026 AED 85,000New contract, February 2020: AED 60,000 a yearRenewal, February 2021: AED 54,000 a yearNew contract, February 2022: AED 70,000 a yearNew contract, August 2023: AED 60,000 a year

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

2-beds in Starz 2 Tower by Danube, and where 515 sits

All 28 2-beds →

515 last sold in August 2016 at AED 1,000 per sqft, 5% below what two-beds in Starz 2 Tower by Danube were fetching at the time (AED 1,050). Over the last 12 months two-beds sold for AED 1,130,000 to 1,140,000, around AED 1,143 per sqft, and rent for AED 70,000 to 110,000 a year. 515's AED 60,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
20 Aug 20261,140,000
7 Aug 20261,130,000
14 Nov 20251,130,000
10 Oct 20251,160,000
3 2-bed sales in the last 12 months

Starz 2 Tower by Danube

Building

223 apartments, studios to 2-bed over 15 floors in Al Furjan, completed in 2019 by Danube Properties Development. 16 sold in the last 12 months.

Typical price per sqft
AED 1,293 Up 2.2%
Typical sale
AED 555K
Typical rent
AED 47K /yr
Typical yield
8.0%
Starz 2 Tower by Danube, Al Furjan: prices, sales and rents →

Other units on the 5th floor

All 223 units in Starz 2 Tower by Danube
Value
5011-bedAED 789K · Jun 2016
502StudioAED 441K · Apr 2016
503StudioAED 525K · Dec 2024
504StudioAED 305K · Jun 2021
5051-bedAED 789K · Jun 2016
506StudioAED 425K · May 2023
507StudioAED 380K · Jan 2023
1–7 of 14

515, Starz 2 Tower by Danube in numbers

  • Sold once: by Danube Properties Development on 9 August 2016 for AED 989,070, or AED 1,000 per sqft.
  • Rented since February 2020 on 4 Ejari contracts, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2016 price is 6.1%, before a service charge of about AED 10,500 a year (AED 10.67 per sqft).
  • Two-beds in Starz 2 Tower by Danube sold for AED 1,130,000–1,140,000 in the 12 months to November 2026; the building's median across all types is AED 1,293 per sqft.

Source: Dubai Land Department. Updated 1 August 2023.

Questions about 515, Starz 2 Tower by Danube

What did unit 515 last sell for?

AED 989,070 on 9 August 2016, sold by the developer: AED 1,000 per sqft for 988 sqft. It is the only registered sale of the unit.

What is the rent for unit 515?

AED 60,000 a year on the contract signed on 1 August 2023. The previous contract, from February 2022, was AED 70,000; the unit has been rented since February 2020.

How big is unit 515?

988 sqft (91.8 sqm): a two-bedroom apartment on the 5th floor of a 15-storey tower completed in 2019.

What is unit 515 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Starz 2 Tower by Danube sold for AED 1,130,000 to 1,140,000 in the last 12 months, around AED 1,143 per sqft.

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Mortgage on 515, Starz 2 Tower by Danube

Starts from the last sale price (AED 989K, 9 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 989,070
Deposit, UAE resident (20%)
AED 197,814
Deposit, non-resident (40%)
AED 395,628
Monthly over 25 years at 3.7%
AED 4,047

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