1-bed · 722 sqft15 Northside Tower 2, Business Bay · 5th floor · completed 2023

B-503, 15 Northside Tower 2

Sold prices and rental history: sold twice, last in May 2023, and rented once, from November 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B-503 · DLD and Ejari recordsUpdated 25 November 2023
Last soldAED 1.52M2 May 2023
Current rentAED 115K /yr25 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B-503, 15 Northside Tower 2

What is B-503 worth today?

Last sold for AED 1,520,000 in 2023

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25 Nov 2023RentedNew contract
AED 115,000/yr12 months · AED 159 per sqft
2 May 2023SoldOff-plan
AED 1,520,000AED 2,104 per sqft
28 Jul 2021Sold by developerOff-plan
AED 1,310,000AED 1,813 per sqft

Source: Dubai Land Department. Updated 25 November 2023.

Key facts

Type
1-bed apartment
Size
722 sqft
Floor
5th of 8
Parking
M-35
Developer
Select Global Development
Completed
2023
Last sold
AED 1.52M · May 2023

About B-503, 15 Northside Tower 2

B-503 is a one-bedroom apartment of 722 sqft on the 5th floor of 15 Northside Tower 2, a 8-storey tower in Business Bay completed in 2023 by Select Global Development. It last sold on 2 May 2023 for AED 1,520,000, or AED 2,104 per sqft, 10% above the AED 1,921 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 25 November 2023. The current contract, signed on 25 November 2023, is AED 115,000 a year: a gross yield of 7.6% on the 2023 price.

Sales and rents for B-503 over time

Sales
Unit B-503, each saleTypical one-bed in 15 Northside Tower 2
1M1.25M1.5M2021202320252027Typical sale price by year: 2021 AED 1,054,650; 2022 AED 1,200,000; 2023 AED 1,272,500; 2024 AED 1,466,000; 2025 AED 1,458,988; 2026 AED 1,360,000Sold by developer, July 2021: AED 1,310,000 (AED 1,813 per sqft)Sold, May 2023: AED 1,520,000 (AED 2,104 per sqft)

B-503 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit B-503, each contractTypical one-bed in 15 Northside Tower 2
100K20232024202520262027Typical rent by year: 2023 AED 100,000; 2024 AED 100,000; 2025 AED 100,000; 2026 AED 92,131New contract, November 2023: AED 115,000 a year

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

1-beds in 15 Northside Tower 2, and where B-503 sits

All 95 1-beds →

B-503 last sold in May 2023 at AED 2,104 per sqft, 10% above what one-beds in 15 Northside Tower 2 were fetching at the time (AED 1,921). Over the last 12 months one-beds sold for AED 1,200,000 to 1,600,000, around AED 2,428 per sqft, and rent for AED 39,722 to 150,000 a year. B-503's AED 115,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
31 Jul 202647,039
29 Jul 202628,688
27 Jul 202633,089
9 Jun 20261,200,000
13 1-bed sales in the last 12 months

15 Northside Tower 2

Building

96 apartments, 1-bed to 4-bed over 8 floors in Business Bay, completed in 2023 by Select Global Development. 14 sold in the last 12 months.

Typical price per sqft
AED 2,400 Up 2.0%
Typical sale
AED 1.42M
Typical rent
AED 92K /yr
Typical yield
6.2%
15 Northside Tower 2, Business Bay: prices, sales and rents →

Other units on the 5th floor

All 96 units in 15 Northside Tower 2
Value
B-5011-bedAED 1.44M · Oct 2021
B-5022-bedAED 2.64M · Aug 2021
B-5041-bedAED 1.54M · Jul 2024
B-5051-bedAED 1.03M · Aug 2021
B-5061-bedAED 1.5M · Oct 2024
B-5071-bedAED 1.09M · Aug 2021
B-5081-bedAED 47K · Jul 2026
1–7 of 11

B-503, 15 Northside Tower 2 in numbers

  • Sold twice: first on 28 July 2021 for AED 1,310,000, last on 2 May 2023 for AED 1,520,000 (AED 2,104 per sqft).
  • Rented since November 2023 on one Ejari contract, at AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2023 price is 7.6%.
  • One-beds in 15 Northside Tower 2 sold for AED 1,200,000–1,600,000 in the 12 months to November 2026; the building's median across all types is AED 2,400 per sqft.

Source: Dubai Land Department. Updated 25 November 2023.

Questions about B-503, 15 Northside Tower 2

What did unit B-503 last sell for?

AED 1,520,000 on 2 May 2023: AED 2,104 per sqft for 722 sqft. The unit has 2 registered sales; the first was AED 1,310,000 in July 2021.

What is the rent for unit B-503?

AED 115,000 a year on the contract signed on 25 November 2023.

How big is unit B-503?

722 sqft (67.1 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2023.

What is unit B-503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in 15 Northside Tower 2 sold for AED 1,200,000 to 1,600,000 in the last 12 months, around AED 2,428 per sqft.

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Mortgage on B-503, 15 Northside Tower 2

Starts from the last sale price (AED 1.52M, 2 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,520,000
Deposit, UAE resident (20%)
AED 304,000
Deposit, non-resident (40%)
AED 608,000
Monthly over 25 years at 3.7%
AED 6,219

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