1-bed · 906 sqftVictoria Residency, Al Furjan · 5th floor · completed 2018

506, Victoria Residency

Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 15 March 2024
Last soldAED 802K15 March 2024
Current rentAED 48K /yr7 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, Victoria Residency

What is 506 worth today?

Last sold for AED 801,500 in 2024

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15 Mar 2024SoldReady
AED 801,500AED 884 per sqft
7 Apr 2023RentedRenewal
AED 48,300/yr12 months · AED 53 per sqft
7 Apr 2022RentedNew contract
AED 46,000/yr12 months · AED 51 per sqft
16 Dec 2021RentedNew contract
AED 46,000/yr12 months · AED 51 per sqft
20 Aug 2021RentedRenewal
AED 45,000/yr12 months · AED 50 per sqft
20 Aug 2020RentedNew contract
AED 45,000/yr12 months · AED 50 per sqft
1 Mar 2019RentedNew contract
AED 55,000/yr12 months · AED 61 per sqft
27 Feb 2017Sold by developerOff-plan
AED 830,905AED 917 per sqft

Source: Dubai Land Department. Updated 15 March 2024.

Key facts

Type
1-bed apartment
Size
906 sqft
Floor
5th of 10
Parking
P-8
Developer
CPL Real Estate Development
Completed
2018
Service charge
AED 14,700 /yr
Last sold
AED 802K · March 2024

About 506, Victoria Residency

506 is a one-bedroom apartment of 906 sqft on the 5th floor of Victoria Residency, a 10-storey tower in Al Furjan completed in 2018 by CPL Real Estate Development . It last sold on 15 March 2024 for AED 801,500, or AED 884 per sqft, in line with the AED 884 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 7 April 2023, is AED 48,300 a year: a gross yield of 6.0% on the 2024 price, before the service charge of about AED 14,700 a year.

Sales and rents for 506 over time

Sales
Unit 506, each saleTypical one-bed in Victoria Residency
800K1M2017202020232026Typical sale price by year: 2017 AED 792,680; 2019 AED 750,000; 2023 AED 710,000; 2024 AED 880,000; 2025 AED 1,120,000Sold by developer, February 2017: AED 830,905 (AED 917 per sqft)Sold, March 2024: AED 801,500 (AED 884 per sqft)

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

Rents
Unit 506, each contractTypical one-bed in Victoria Residency
60K2018202120242027Typical rent by year: 2018 AED 60,000; 2019 AED 55,000; 2020 AED 50,000; 2021 AED 45,000; 2022 AED 49,500; 2023 AED 54,300; 2024 AED 60,000; 2025 AED 72,000; 2026 AED 71,000New contract, March 2019: AED 55,000 a yearNew contract, August 2020: AED 45,000 a yearRenewal, August 2021: AED 45,000 a yearNew contract, December 2021: AED 46,000 a yearNew contract, April 2022: AED 46,000 a yearRenewal, April 2023: AED 48,300 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 Victoria Residency, and where 506 sits

All 35 1-beds →

506 last sold in March 2024 at AED 884 per sqft, in line with what one-beds in Victoria Residency were fetching at the time (AED 884). Over the last 12 months one-beds sold for AED 1,100,000, around AED 1,156 per sqft, and rent for AED 48,000 to 84,000 a year. 506's AED 48,300 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
11 Dec 20251,100,000
17 Jun 20251,150,000
9 Jun 2025975,000
22 May 20251,150,000
1 1-bed sale in the last 12 months

Victoria Residency

Building

103 apartments, 1-bed to 4-bed over 10 floors in Al Furjan, completed in 2018 by CPL Real Estate Development . 5 sold in the last 12 months.

Typical price per sqft
AED 1,196
Typical sale
AED 2.29M
Typical rent
AED 75K /yr
Typical yield
6.1%
Victoria Residency, Al Furjan: prices, sales and rents →

Other units on the 5th floor

All 103 units in Victoria Residency
Value
5013-bedAED 2.3M · Jan 2026
5022-bedAED 1.2M · Mar 2017
5032-bedAED 1.16M · Apr 2017
5042-bedAED 1.18M · Apr 2017
5051-bedAED 785K · Aug 2019
5071-bedAED 825K · Sep 2024
5083-bedAED 2.05M · Oct 2024
1–7 of 10

506, Victoria Residency in numbers

  • Sold twice: first on 27 February 2017 for AED 830,905, last on 15 March 2024 for AED 801,500 (AED 884 per sqft).
  • Rented since March 2019 on 6 Ejari contracts, from AED 55,000 to AED 48,300 a year.
  • At AED 48,300 a year the gross yield on the 2024 price is 6.0%, before a service charge of about AED 14,700 a year (AED 16.25 per sqft).
  • One-beds in Victoria Residency sold for AED 1,100,000–1,100,000 in the 12 months to November 2026; the building's median across all types is AED 1,196 per sqft.

Source: Dubai Land Department. Updated 15 March 2024.

Questions about 506, Victoria Residency

What did unit 506 last sell for?

AED 801,500 on 15 March 2024: AED 884 per sqft for 906 sqft. The unit has 2 registered sales; the first was AED 830,905 in February 2017.

What is the rent for unit 506?

AED 48,300 a year on the contract renewed on 7 April 2023. The previous contract, from April 2022, was AED 46,000; the unit has been rented since March 2019.

How big is unit 506?

906 sqft (84.2 sqm): a one-bedroom apartment on the 5th floor of a 10-storey tower completed in 2018.

What is unit 506 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Victoria Residency sold for AED 1,100,000 to 1,100,000 in the last 12 months, around AED 1,156 per sqft.

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Mortgage on 506, Victoria Residency

Starts from the last sale price (AED 802K, 15 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 801,500
Deposit, UAE resident (20%)
AED 160,300
Deposit, non-resident (40%)
AED 320,600
Monthly over 25 years at 3.7%
AED 3,279

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