2-bed · 1,188 sqftVerve Tower A, Al Wasl · 5th floor · completed 2028

505, Verve Tower A

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

Unit 505 · DLD and Ejari recordsUpdated 28 August 2024
Last soldAED 3.27M28 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Verve Tower A

What is 505 worth today?

Last sold for AED 3,265,000 in 2024

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28 Aug 2024Sold by developerOff-plan
AED 3,265,000AED 2,748 per sqft

Source: Dubai Land Department. Updated 28 August 2024.

Key facts

Type
2-bed apartment
Size
1,188 sqft
Floor
5th of 35
Parking
1
Developer
Meraas
Completed
2028
Last sold
AED 3.27M · August 2024

About 505, Verve Tower A

505 is a two-bedroom apartment of 1,188 sqft on the 5th floor of Verve Tower A, a 35-storey tower in Al Wasl completed in 2028 by Meraas. The developer sold it on 28 August 2024 for AED 3,265,000, or AED 2,748 per sqft, 4% below the AED 2,863 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical two-bed in Verve Tower A
3.5M4M202420252026Typical sale price by year: 2024 AED 3,495,000; 2025 AED 3,941,000Sold by developer, August 2024: AED 3,265,000 (AED 2,748 per sqft)

505 has sold once; the dashed line is the two-bed median of each year in the building.

2-beds in Verve Tower A, and where 505 sits

All 89 2-beds →

505 last sold in August 2024 at AED 2,748 per sqft, 4% below what two-beds in Verve Tower A were fetching at the time (AED 2,863). Over the last 12 months two-beds sold for AED 3,725,000 to 4,550,000, around AED 3,186 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
13 Mar 20264,550,000
25 Feb 20263,725,000
15 Dec 20253,800,000
17 Nov 20254,063,000
4 2-bed sales in the last 12 months

Verve Tower A

Building

208 apartments, 1-bed to 5-bed over 35 floors in Al Wasl, completed in 2028 by Meraas. 6 sold in the last 12 months.

Typical price per sqft
AED 3,186
Typical sale
AED 3.93M
Typical rent
Few contracts
Typical yield
Verve Tower A, Al Wasl: prices, sales and rents →

Other units on the 5th floor

All 208 units in Verve Tower A
Value
5012-bedAED 4.23M · Aug 2024
5021-bedAED 2.54M · Aug 2024
5031-bedAED 2.54M · Sep 2024
5042-bedAED 3.34M · Aug 2024
5062-bedAED 4.23M · Aug 2024
5071-bedAED 2.54M · Sep 2024
5081-bedAED 2.54M · Aug 2024
1–7 of 9

505, Verve Tower A in numbers

  • Sold once: by Meraas on 28 August 2024 for AED 3,265,000, or AED 2,748 per sqft.
  • Two-beds in Verve Tower A sold for AED 3,725,000–4,550,000 in the 12 months to November 2026; the building's median across all types is AED 3,186 per sqft.

Source: Dubai Land Department. Updated 28 August 2024.

Questions about 505, Verve Tower A

What did unit 505 last sell for?

AED 3,265,000 on 28 August 2024, sold by the developer: AED 2,748 per sqft for 1,188 sqft. It is the only registered sale of the unit.

How big is unit 505?

1,188 sqft (110.4 sqm): a two-bedroom apartment on the 5th floor of a 35-storey tower completed in 2028.

What is unit 505 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Verve Tower A sold for AED 3,725,000 to 4,550,000 in the last 12 months, around AED 3,186 per sqft.

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Mortgage on 505, Verve Tower A

Starts from the last sale price (AED 3.27M, 28 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,265,000
Deposit, UAE resident (20%)
AED 653,000
Deposit, non-resident (40%)
AED 1,306,000
Monthly over 25 years at 3.7%
AED 13,358

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