1-bed · 816 sqftVictoria Residency, Al Furjan · 5th floor · completed 2018

507, Victoria Residency

Sold prices and rental history: sold 3 times, last in September 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 825K9 September 2024
Current rentAED 57K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Victoria Residency

What is 507 worth today?

Last sold for AED 825,000 in 2024

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1 Oct 2024RentedNew contract
AED 57,000/yr12 months · AED 70 per sqft
9 Sep 2024SoldReady
AED 825,000AED 1,010 per sqft
1 Feb 2024SoldReady
AED 750,000AED 918 per sqft
1 Oct 2022RentedNew contract
AED 51,000/yr12 months · AED 62 per sqft
1 Mar 2022RentedRenewal
AED 49,000/yr6 months · AED 60 per sqft
1 Mar 2021RentedRenewal
AED 49,000/yr12 months · AED 60 per sqft
1 Mar 2020RentedRenewal
AED 55,000/yr12 months · AED 67 per sqft
1 Mar 2019RentedNew contract
AED 60,000/yr12 months · AED 73 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
1-bed apartment
Size
816 sqft
Floor
5th of 10
Parking
P-7
Developer
CPL Real Estate Development
Completed
2018
Service charge
AED 13,300 /yr
Last sold
AED 825K · September 2024

About 507, Victoria Residency

507 is a one-bedroom apartment of 816 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 9 September 2024 for AED 825,000, or AED 1,010 per sqft, 7% above the AED 947 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 1 October 2024, is AED 57,000 a year: a gross yield of 6.9% on the 2024 price, before the service charge of about AED 13,300 a year.

Sales and rents for 507 over time

Sales
Unit 507, 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 775,990 (AED 950 per sqft)Sold, February 2024: AED 750,000 (AED 918 per sqft)Sold, September 2024: AED 825,000 (AED 1,010 per sqft)

507 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 507, 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 60,000 a yearRenewal, March 2020: AED 55,000 a yearRenewal, March 2021: AED 49,000 a yearRenewal, March 2022: AED 49,000 a yearNew contract, October 2022: AED 51,000 a yearNew contract, October 2024: AED 57,000 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 Victoria Residency, and where 507 sits

All 35 1-beds →

507 last sold in September 2024 at AED 1,010 per sqft, 7% above what one-beds in Victoria Residency were fetching at the time (AED 947). 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. 507's AED 57,000 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
5061-bedAED 802K · Mar 2024
5083-bedAED 2.05M · Oct 2024
1–7 of 10

507, Victoria Residency in numbers

  • Sold 3 times: first on 27 February 2017 for AED 775,990, last on 9 September 2024 for AED 825,000 (AED 1,010 per sqft).
  • Rented since March 2019 on 6 Ejari contracts. The rent fell from AED 60,000 to AED 49,000 in 2022 and recovered to AED 57,000 by October 2024.
  • At AED 57,000 a year the gross yield on the 2024 price is 6.9%, before a service charge of about AED 13,300 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 1 October 2024.

Questions about 507, Victoria Residency

What did unit 507 last sell for?

AED 825,000 on 9 September 2024: AED 1,010 per sqft for 816 sqft. The unit has 3 registered sales; the first was AED 775,990 in February 2017.

What is the rent for unit 507?

AED 57,000 a year on the contract signed on 1 October 2024. The previous contract, from October 2022, was AED 51,000; the unit has been rented since March 2019.

How big is unit 507?

816 sqft (75.8 sqm): a one-bedroom apartment on the 5th floor of a 10-storey tower completed in 2018.

What is unit 507 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 507, Victoria Residency

Starts from the last sale price (AED 825K, 9 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 825,000
Deposit, UAE resident (20%)
AED 165,000
Deposit, non-resident (40%)
AED 330,000
Monthly over 25 years at 3.7%
AED 3,375

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