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

516, Westwood By Imtiaz

Sold prices and rental history: sold once, by the developer in November 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 516 · DLD and Ejari recordsUpdated 14 November 2024
Last soldAED 770K14 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 516, Westwood By Imtiaz

What is 516 worth today?

Last sold for AED 770,000 in 2024

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14 Nov 2024Sold by developerReady
AED 770,000AED 1,819 per sqft

Source: Dubai Land Department. Updated 14 November 2024.

Key facts

Type
Studio apartment
Size
423 sqft
Floor
5th of 10
Parking
P-17
Developer
Imtiaz Real Estate Investment & Development
Completed
2023
Last sold
AED 770K · November 2024

About 516, Westwood By Imtiaz

516 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 . The developer sold it on 14 November 2024 for AED 770,000, or AED 1,819 per sqft, 21% above the AED 1,505 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 516 over time

Sales
Unit 516, 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 2024: AED 770,000 (AED 1,819 per sqft)

516 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 516, 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 516 sits

All 140 studios →

516 last sold in November 2024 at AED 1,819 per sqft, 21% above what studios in Westwood By Imtiaz were fetching at the time (AED 1,505). 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
501StudioAED 650K · Feb 2024
502StudioAED 520K · Dec 2022
503StudioAED 560K · Mar 2024
504StudioAED 600K · Jan 2024
505StudioAED 530K · Nov 2022
506StudioAED 670K · Jun 2026
507StudioAED 520K · Nov 2022
1–7 of 18

516, Westwood By Imtiaz in numbers

  • Sold once: by Imtiaz Real Estate Investment & Development on 14 November 2024 for AED 770,000, or AED 1,819 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 14 November 2024.

Questions about 516, Westwood By Imtiaz

What did unit 516 last sell for?

AED 770,000 on 14 November 2024, sold by the developer: AED 1,819 per sqft for 423 sqft. It is the only registered sale of the unit.

How big is unit 516?

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

What is unit 516 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 516, Westwood By Imtiaz

Starts from the last sale price (AED 770K, 14 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 770,000
Deposit, UAE resident (20%)
AED 154,000
Deposit, non-resident (40%)
AED 308,000
Monthly over 25 years at 3.7%
AED 3,150

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