Studio · 423 sqftWestwood By Imtiaz, Al Furjan · 5th floor · completed 2023

503, Westwood By Imtiaz

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

Unit 503 · DLD and Ejari recordsUpdated 20 April 2025
Last soldAED 560K25 March 2024
Current rentAED 65K /yr20 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Westwood By Imtiaz

What is 503 worth today?

Last sold for AED 560,000 in 2024

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20 Apr 2025RentedRenewal
AED 65,000/yr12 months · AED 155 per sqft
20 Apr 2025RentedRenewal
AED 65,000/yr12 months · AED 155 per sqft
20 Apr 2024RentedNew contract
AED 60,000/yr12 months · AED 143 per sqft
25 Mar 2024SoldReady
AED 560,000AED 1,323 per sqft
20 Nov 2022Sold by developerOff-plan
AED 510,000AED 1,205 per sqft

Source: Dubai Land Department. Updated 20 April 2025.

Key facts

Type
Studio apartment
Size
423 sqft
Floor
5th of 10
Parking
B1-48
Developer
Imtiaz Real Estate Investment & Development
Completed
2023
Last sold
AED 560K · March 2024

About 503, Westwood By Imtiaz

503 is a studio of 423 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 25 March 2024 for AED 560,000, or AED 1,323 per sqft, 8% below the AED 1,431 studios in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, renewed on 20 April 2025, is AED 65,000 a year: a gross yield of 11.6% on the 2024 price.

Sales and rents for 503 over time

Sales
Unit 503, 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 510,000 (AED 1,205 per sqft)Sold, March 2024: AED 560,000 (AED 1,323 per sqft)

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

Rents
Unit 503, each contractTypical studio in Westwood By Imtiaz
60K65K2024202520262027Typical rent by year: 2024 AED 60,300; 2025 AED 60,000; 2026 AED 58,250New contract, April 2024: AED 60,000 a yearRenewal, April 2025: AED 65,000 a yearRenewal, April 2025: AED 65,000 a year

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 503 sits

All 140 studios →

503 last sold in March 2024 at AED 1,323 per sqft, 8% below what studios in Westwood By Imtiaz were fetching at the time (AED 1,431). 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. 503's AED 65,000 is in the upper half of that range.

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
501StudioAED 650K · Feb 2024
502StudioAED 520K · Dec 2022
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

503, Westwood By Imtiaz in numbers

  • Sold twice: first on 20 November 2022 for AED 510,000, last on 25 March 2024 for AED 560,000 (AED 1,323 per sqft).
  • Rented since April 2024 on 3 Ejari contracts, from AED 60,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2024 price is 11.6%.
  • 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 20 April 2025.

Questions about 503, Westwood By Imtiaz

What did unit 503 last sell for?

AED 560,000 on 25 March 2024: AED 1,323 per sqft for 423 sqft. The unit has 2 registered sales; the first was AED 510,000 in November 2022.

What is the rent for unit 503?

AED 65,000 a year on the contract renewed on 20 April 2025. The previous contract, from April 2025, was AED 65,000; the unit has been rented since April 2024.

How big is unit 503?

423 sqft (39.3 sqm): a studio on the 5th floor of a 10-storey tower completed in 2023.

What is unit 503 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 503, Westwood By Imtiaz

Starts from the last sale price (AED 560K, 25 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 560,000
Deposit, UAE resident (20%)
AED 112,000
Deposit, non-resident (40%)
AED 224,000
Monthly over 25 years at 3.7%
AED 2,291

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