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2-bed · 958 sqftSyann Park 1, Arjan · 5th floor · completed 2011

509, Syann Park 1

Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 5 September 2024
Last soldAED 1.04M26 October 2015
Current rentAED 69K /yr5 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 509, Syann Park 1

What is 509 worth today?

Last sold for AED 1,041,093 in 2015

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5 Sep 2024RentedNew contract
AED 69,000/yr12 months · AED 72 per sqft
15 Sep 2023RentedNew contract
AED 66,000/yr12 months · AED 69 per sqft
18 Mar 2020RentedRenewal
AED 52,000/yr12 months · AED 54 per sqft
18 Mar 2019RentedNew contract
AED 58,000/yr12 months · AED 61 per sqft
26 Oct 2015Sold by developerOff-plan
AED 1,041,093AED 1,086 per sqft

Source: Dubai Land Department. Updated 5 September 2024.

Key facts

Type
2-bed apartment
Size
958 sqft
Floor
5th of 6
Parking
B-34
Developer
Syann Park 1
Completed
2011
Service charge
AED 12,400 /yr
Last sold
AED 1.04M · October 2015
Building
Syann Park 1

About 509, Syann Park 1

509 is a two-bedroom apartment of 958 sqft on the 5th floor of Syann Park 1, a 6-storey tower in Arjan completed in 2011 by Syann Park 1. The developer sold it on 26 October 2015 for AED 1,041,093, or AED 1,086 per sqft, 11% above the AED 976 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 5 September 2024, is AED 69,000 a year: a gross yield of 6.6% on the 2015 price, before the service charge of about AED 12,400 a year.

Sales and rents for 509 over time

Sales
Unit 509, each saleTypical two-bed in Syann Park 1
500K1M2012201620202024Typical sale price by year: 2012 AED 975,390; 2015 AED 1,028,685; 2023 AED 358,866; 2024 AED 720,000; 2025 AED 950,000Sold by developer, October 2015: AED 1,041,093 (AED 1,086 per sqft)

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

Rents
Unit 509, each contractTypical two-bed in Syann Park 1
40K60K2018202120242027Typical rent by year: 2018 AED 63,000; 2019 AED 57,500; 2020 AED 50,000; 2021 AED 42,000; 2022 AED 48,000; 2023 AED 60,900; 2024 AED 63,525; 2025 AED 69,650; 2026 AED 72,000New contract, March 2019: AED 58,000 a yearRenewal, March 2020: AED 52,000 a yearNew contract, September 2023: AED 66,000 a yearNew contract, September 2024: AED 69,000 a year

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

2-beds in Syann Park 1, and where 509 sits

All 22 2-beds →

509 last sold in October 2015 at AED 1,086 per sqft, 11% above what two-beds in Syann Park 1 were fetching at the time (AED 976). Over the last 12 months two-beds sold for AED 910,000, around AED 1,028 per sqft, and rent for AED 63,756 to 95,000 a year. 509's AED 69,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Feb 2026910,000
29 Sep 2025950,000
11 Jun 20251,280,000
9 Jan 2025780,000
1 2-bed sale in the last 12 months

Syann Park 1

Building

156 apartments, 1-bed to 3-bed over 6 floors in Arjan, completed in 2011 by Syann Park 1. 9 sold in the last 12 months.

Typical price per sqft
AED 973
Typical sale
AED 839K
Typical rent
AED 63K /yr
Typical yield
7.0%
Syann Park 1, Arjan: prices, sales and rents →

Other units on the 5th floor

All 156 units in Syann Park 1
Value
5011-bedAED 1.06M · Oct 2015
5021-bedAED 760K · Apr 2025
5031-bedAED 480K · Mar 2020
5041-bedAED 600K · Aug 2022
5051-bedAED 820K · Sep 2018
5061-bedAED 795K · Jul 2025
5071-bedAED 1.1M · Nov 2025
1–7 of 26

509, Syann Park 1 in numbers

  • Sold once: by Syann Park 1 on 26 October 2015 for AED 1,041,093, or AED 1,086 per sqft.
  • Rented since March 2019 on 4 Ejari contracts. The rent fell from AED 58,000 to AED 52,000 in 2020 and recovered to AED 69,000 by September 2024.
  • At AED 69,000 a year the gross yield on the 2015 price is 6.6%, before a service charge of about AED 12,400 a year (AED 12.96 per sqft).
  • Two-beds in Syann Park 1 sold for AED 910,000–910,000 in the 12 months to November 2026; the building's median across all types is AED 973 per sqft.

Source: Dubai Land Department. Updated 5 September 2024.

Questions about 509, Syann Park 1

What did unit 509 last sell for?

AED 1,041,093 on 26 October 2015, sold by the developer: AED 1,086 per sqft for 958 sqft. It is the only registered sale of the unit.

What is the rent for unit 509?

AED 69,000 a year on the contract signed on 5 September 2024. The previous contract, from September 2023, was AED 66,000; the unit has been rented since March 2019.

How big is unit 509?

958 sqft (89.0 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2011.

What is unit 509 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Syann Park 1 sold for AED 910,000 to 910,000 in the last 12 months, around AED 1,028 per sqft.

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Mortgage on 509, Syann Park 1

Starts from the last sale price (AED 1.04M, 26 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,041,093
Deposit, UAE resident (20%)
AED 208,219
Deposit, non-resident (40%)
AED 416,437
Monthly over 25 years at 3.7%
AED 4,259

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