Studio · 424 sqftWestwood By Imtiaz, Al Furjan · 5th floor · completed 2023

501, Westwood By Imtiaz

Sold prices and rental history: sold twice, last in February 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 23 February 2024
Last soldAED 650K23 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Westwood By Imtiaz

What is 501 worth today?

Last sold for AED 650,000 in 2024

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23 Feb 2024SoldReady
AED 650,000AED 1,533 per sqft
4 Nov 2022Sold by developerOff-plan
AED 520,000AED 1,227 per sqft

Source: Dubai Land Department. Updated 23 February 2024.

Key facts

Type
Studio apartment
Size
424 sqft
Floor
5th of 10
Parking
B1-45
Developer
Imtiaz Real Estate Investment & Development
Completed
2023
Last sold
AED 650K · February 2024

About 501, Westwood By Imtiaz

501 is a studio of 424 sqft on the 5th floor of Westwood By Imtiaz, a 10-storey tower in Al Furjan completed in 2023 by Imtiaz Real Estate Investment & Development . It last sold on 23 February 2024 for AED 650,000, or AED 1,533 per sqft, 7% above the AED 1,427 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical studio in Westwood By Imtiaz
600K800K202220242026Typical sale price by year: 2022 AED 500,000; 2023 AED 575,000; 2024 AED 650,000; 2025 AED 773,000; 2026 AED 799,500Sold by developer, November 2022: AED 520,000 (AED 1,227 per sqft)Sold, February 2024: AED 650,000 (AED 1,533 per sqft)

501 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 501, each contractTypical studio in Westwood By Imtiaz
58K59K60K2024202520262027Typical rent by year: 2024 AED 60,300; 2025 AED 60,000; 2026 AED 58,250

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

Studios in Westwood By Imtiaz, and where 501 sits

All 140 studios →

501 last sold in February 2024 at AED 1,533 per sqft, 7% above what studios in Westwood By Imtiaz were fetching at the time (AED 1,427). Over the last 12 months studios sold for AED 670,000 to 820,000, around AED 1,862 per sqft, and rent for AED 10,833 to 75,000 a year.

Recent studio salesUnit no.Price (AED)Summary
23 Sep 2026790,000
12 Aug 202662,666
10 Aug 202649,921
6 Aug 20268,342
16 studio sales in the last 12 months

Westwood By Imtiaz

Building

188 apartments, studios to 1-bed over 10 floors in Al Furjan, completed in 2023 by Imtiaz Real Estate Investment & Development . 17 sold in the last 12 months.

Typical price per sqft
AED 1,856 Up 3.3%
Typical sale
AED 790K
Typical rent
AED 60K /yr
Typical yield
7.0%
Westwood By Imtiaz, Al Furjan: prices, sales and rents →

Other units on the 5th floor

All 188 units in Westwood By Imtiaz
Value
502StudioAED 520K · Dec 2022
503StudioAED 560K · Mar 2024
504StudioAED 600K · Jan 2024
505StudioAED 530K · Nov 2022
506StudioAED 670K · Jun 2026
507StudioAED 520K · Nov 2022
5081-bedAED 800K · Nov 2022
1–7 of 18

501, Westwood By Imtiaz in numbers

  • Sold twice: first on 4 November 2022 for AED 520,000, last on 23 February 2024 for AED 650,000 (AED 1,533 per sqft).
  • Studios in Westwood By Imtiaz sold for AED 670,000–820,000 in the 12 months to November 2026; the building's median across all types is AED 1,856 per sqft.

Source: Dubai Land Department. Updated 23 February 2024.

Questions about 501, Westwood By Imtiaz

What did unit 501 last sell for?

AED 650,000 on 23 February 2024: AED 1,533 per sqft for 424 sqft. The unit has 2 registered sales; the first was AED 520,000 in November 2022.

How big is unit 501?

424 sqft (39.4 sqm): a studio on the 5th floor of a 10-storey tower completed in 2023.

What is unit 501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Westwood By Imtiaz sold for AED 670,000 to 820,000 in the last 12 months, around AED 1,862 per sqft.

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Mortgage on 501, Westwood By Imtiaz

Starts from the last sale price (AED 650K, 23 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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