516, Torino 2
Sold prices and rental history: sold once, by the developer in March 2023, and rented once, from November 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 516, Torino 2
What is 516 worth today?
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Source: Dubai Land Department. Updated 1 November 2025.
Key facts
- Type
- Studio apartment
- Size
- 364 sqft
- Floor
- 5th of 5
- Parking
- 1
- Developer
- Oro24 Real Estate Development
- Completed
- 2024
- Last sold
- AED 437K · March 2023
- Building
- Torino 2
About 516, Torino 2
516 is a studio of 364 sqft on the 5th floor of Torino 2, a 5-storey tower in Arjan completed in 2024 by Oro24 Real Estate Development . The developer sold it on 8 March 2023 for AED 437,000, or AED 1,200 per sqft, in line with the AED 1,195 studios in the building were fetching at the time.
One Ejari contract is registered, from 1 November 2025. The current contract, signed on 1 November 2025, is AED 52,000 a year: a gross yield of 11.9% 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 2, and where 516 sits
All 29 studios →516 last sold in March 2023 at AED 1,200 per sqft, in line with what studios in Torino 2 were fetching at the time (AED 1,195). Over the last 12 months studios sold for AED 585,000 to 680,000, around AED 1,784 per sqft, and rent for AED 20,000 to 60,000 a year. 516's AED 52,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Sep 202618 September 2026 | 364 sqft | 660,000 | 1,810 | ||
| 21 Jul 202621 July 2026 | 365 sqft | 585,000 | 1,603 | ||
| 31 Mar 202631 March 2026 | 364 sqft | 680,000 | 1,866 | ||
| 16 Mar 202616 March 2026 | 364 sqft | 680,000 | 1,869 |
Torino 2
Building79 apartments, studios to 2-bed over 5 floors in Arjan, completed in 2024 by Oro24 Real Estate Development . 14 sold in the last 12 months.
- Typical price per sqft
- AED 1,683
- Typical sale
- AED 835K
- Typical rent
- AED 67K /yr
- Typical yield
- 8.1%
Other units on the 5th floor
All 79 units in Torino 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | Studio | 365 sqft | AED 437KAED 437,000 · Oct 2022October 2022 | 47,000 /yr | |
| 502 | 1-bed | 517 sqft | AED 580KAED 579,500 · Jan 2023January 2023 | 58,000 /yr | |
| 503 | 2-bed | 855 sqft | AED 817KAED 817,000 · Mar 2023March 2023 | ||
| 504 | 2-bed | 832 sqft | AED 1.4MAED 1,400,000 · Apr 2026April 2026 | 96,000 /yr | |
| 505 | Studio | 364 sqft | AED 418KAED 418,000 · Dec 2022December 2022 | 52,000 /yr | |
| 506 | 1-bed | 514 sqft | AED 569KAED 569,050 · Mar 2023March 2023 | 80,000 /yr | |
| 507 | 1-bed | 515 sqft | AED 569KAED 569,050 · Nov 2022November 2022 | ||
| 508 | 1-bed | 514 sqft | AED 569KAED 569,050 · Mar 2023March 2023 | 70,000 /yr | |
| 509 | 1-bed | 513 sqft | AED 569KAED 569,050 · Oct 2022October 2022 | 70,000 /yr | |
| 510 | Studio | 365 sqft | AED 418KAED 418,000 · Oct 2022October 2022 | 58,000 /yr | |
| 511 | Studio | 364 sqft | AED 660KAED 660,000 · Sep 2026September 2026 | ||
| 512 | 2-bed | 832 sqft | AED 817KAED 817,000 · Jan 2023January 2023 | ||
| 513 | 2-bed | 839 sqft | AED 1.16MAED 1,160,000 · Dec 2024December 2024 | ||
| 514 | 1-bed | 514 sqft | AED 580KAED 579,500 · Sep 2022September 2022 | 75,000 /yr | |
| 515 | Studio | 365 sqft | AED 437KAED 437,000 · Jan 2023January 2023 | 55,000 /yr |
516, Torino 2 in numbers
- Sold once: by Oro24 Real Estate Development on 8 March 2023 for AED 437,000, or AED 1,200 per sqft.
- Rented since November 2025 on one Ejari contract, at AED 52,000 a year.
- At AED 52,000 a year the gross yield on the 2023 price is 11.9%.
- Studios in Torino 2 sold for AED 585,000–680,000 in the 12 months to November 2026; the building's median across all types is AED 1,683 per sqft.
Source: Dubai Land Department. Updated 1 November 2025.
Questions about 516, Torino 2
What did unit 516 last sell for?
AED 437,000 on 8 March 2023, sold by the developer: AED 1,200 per sqft for 364 sqft. It is the only registered sale of the unit.
What is the rent for unit 516?
AED 52,000 a year on the contract signed on 1 November 2025.
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 2 sold for AED 585,000 to 680,000 in the last 12 months, around AED 1,784 per sqft.
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Mortgage on 516, Torino 2
Starts from the last sale price (AED 437K, 8 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 437,000
- Deposit, UAE resident (20%)
- AED 87,400
- Deposit, non-resident (40%)
- AED 174,800
- Monthly over 25 years at 3.7%
- AED 1,788
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →