516, Torino 1
Sold prices and rental history: sold once, by the developer in February 2023, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 516, Torino 1
What is 516 worth today?
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Source: Dubai Land Department. Updated 30 October 2026.
Key facts
- Type
- Studio apartment
- Size
- 364 sqft
- Floor
- 5th of 5
- Parking
- 1
- Developer
- Oro24 Real Estate Development
- Completed
- 2024
- Last sold
- AED 423K · February 2023
- Building
- Torino 1
About 516, Torino 1
516 is a studio of 364 sqft on the 5th floor of Torino 1, a 5-storey tower in Arjan completed in 2024 by Oro24 Real Estate Development . The developer sold it on 8 February 2023 for AED 422,750, or AED 1,161 per sqft, in line with the AED 1,161 studios in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 30 October 2026, is AED 47,500 a year: a gross yield of 11.2% on the 2023 price.
Sales and rents for 516 over time
516 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Torino 1, and where 516 sits
All 51 studios →516 last sold in February 2023 at AED 1,161 per sqft, in line with what studios in Torino 1 were fetching at the time (AED 1,161). Over the last 12 months studios sold for AED 450,000 to 680,000, around AED 1,642 per sqft, and rent for AED 45,000 to 62,000 a year. 516's AED 47,500 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Jul 20269 July 2026 | 367 sqft | 470,000 | 1,281 | ||
| 25 Jun 202625 June 2026 | 366 sqft | 615,000 | 1,682 | ||
| 8 May 20268 May 2026 | 373 sqft | 590,000 | 1,581 | ||
| 27 Apr 202627 April 2026 | 372 sqft | 680,000 | 1,829 |
Torino 1
Building107 apartments, studios to 2-bed over 5 floors in Arjan, completed in 2024 by Oro24 Real Estate Development . 17 sold in the last 12 months.
- Typical price per sqft
- AED 1,646 Up 12.1%
- Typical sale
- AED 840K
- Typical rent
- AED 62K /yr
- Typical yield
- 8.3%
Other units on the 5th floor
All 107 units in Torino 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 618 sqft | AED 720KAED 720,000 · Apr 2023April 2023 | ||
| 502 | Studio | 364 sqft | AED 423KAED 422,750 · Dec 2022December 2022 | 54,848 /yr | |
| 503 | Studio | 367 sqft | AED 605KAED 605,000 · Dec 2025December 2025 | ||
| 504 | Studio | 372 sqft | AED 450KAED 450,000 · Nov 2025November 2025 | 50,000 /yr | |
| 505 | 1-bed | 837 sqft | AED 812KAED 812,250 · Sep 2022September 2022 | ||
| 506 | 2-bed | 831 sqft | AED 791KAED 790,875 · Oct 2022October 2022 | 100,000 /yr | |
| 507 | Studio | 364 sqft | AED 445KAED 445,000 · Oct 2022October 2022 | ||
| 508 | Studio | 364 sqft | AED 595KAED 595,000 · Nov 2025November 2025 | ||
| 509 | 1-bed | 510 sqft | AED 863KAED 863,000 · Jun 2026June 2026 | 75,000 /yr | |
| 510 | 1-bed | 511 sqft | AED 569KAED 569,050 · Dec 2022December 2022 | ||
| 511 | 1-bed | 511 sqft | AED 569KAED 569,050 · Nov 2022November 2022 | 60,000 /yr | |
| 512 | 1-bed | 511 sqft | AED 599KAED 599,000 · Dec 2022December 2022 | 75,000 /yr | |
| 513 | 1-bed | 511 sqft | AED 569KAED 569,050 · Mar 2023March 2023 | 70,000 /yr | |
| 514 | 1-bed | 515 sqft | AED 569KAED 569,050 · Aug 2022August 2022 | ||
| 515 | Studio | 366 sqft | AED 423KAED 422,750 · Feb 2023February 2023 | 55,000 /yr | |
| 517 | 2-bed | 870 sqft | AED 817KAED 817,000 · Aug 2022August 2022 | 100,000 /yr | |
| 518 | 2-bed | 627 sqft | AED 684KAED 684,000 · Jan 2023January 2023 | 86,000 /yr | |
| 519 | Studio | 372 sqft | AED 680KAED 680,000 · Apr 2026April 2026 | 48,000 /yr | |
| 520 | Studio | 364 sqft | AED 423KAED 422,750 · Nov 2022November 2022 | ||
| 521 | Studio | 364 sqft | AED 600KAED 600,000 · Oct 2025October 2025 | ||
| 522 | 1-bed | 618 sqft | AED 684KAED 684,000 · Feb 2023February 2023 | 75,000 /yr |
516, Torino 1 in numbers
- Sold once: by Oro24 Real Estate Development on 8 February 2023 for AED 422,750, or AED 1,161 per sqft.
- Rented since October 2025 on 2 Ejari contracts, from AED 52,000 to AED 47,500 a year.
- At AED 47,500 a year the gross yield on the 2023 price is 11.2%.
- Studios in Torino 1 sold for AED 450,000–680,000 in the 12 months to November 2026; the building's median across all types is AED 1,646 per sqft.
Source: Dubai Land Department. Updated 30 October 2026.
Questions about 516, Torino 1
What did unit 516 last sell for?
AED 422,750 on 8 February 2023, sold by the developer: AED 1,161 per sqft for 364 sqft. It is the only registered sale of the unit.
What is the rent for unit 516?
AED 47,500 a year on the contract renewed on 30 October 2026. The previous contract, from October 2025, was AED 52,000.
How big is unit 516?
364 sqft (33.8 sqm): a studio on the 5th floor of a 5-storey tower completed in 2024.
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 Torino 1 sold for AED 450,000 to 680,000 in the last 12 months, around AED 1,642 per sqft.
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Mortgage on 516, Torino 1
Starts from the last sale price (AED 423K, 8 February 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 422,750
- Deposit, UAE resident (20%)
- AED 84,550
- Deposit, non-resident (40%)
- AED 169,100
- Monthly over 25 years at 3.7%
- AED 1,730
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →