1-bed · 686 sqftAhad Residences, Business Bay · 5th floor · completed 2023

503, Ahad Residences

Sold prices and rental history: sold once, by the developer in June 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 30 June 2022
Last soldAED 1.12M30 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Ahad Residences

What is 503 worth today?

Last sold for AED 1,121,330 in 2022

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30 Jun 2022Sold by developerOff-plan
AED 1,121,330AED 1,634 per sqft

Source: Dubai Land Department. Updated 30 June 2022.

Key facts

Type
1-bed apartment
Size
686 sqft
Floor
5th of 30
Parking
1
Developer
Ahad Real Estate Development
Completed
2023
Service charge
AED 12,300 /yr
Last sold
AED 1.12M · June 2022

About 503, Ahad Residences

503 is a one-bedroom apartment of 686 sqft on the 5th floor of Ahad Residences, a 30-storey tower in Business Bay completed in 2023 by Ahad Real Estate Development . The developer sold it on 30 June 2022 for AED 1,121,330, or AED 1,634 per sqft, in line with the AED 1,623 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 503 over time

Sales
Unit 503, each saleTypical one-bed in Ahad Residences
1M1.5M2M202220242026Typical sale price by year: 2022 AED 1,398,338; 2023 AED 1,645,369; 2024 AED 1,730,000; 2025 AED 1,917,500; 2026 AED 1,750,000Sold by developer, June 2022: AED 1,121,330 (AED 1,634 per sqft)

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

Rents
Unit 503, each contractTypical one-bed in Ahad Residences
115K118K120K2024202520262027Typical rent by year: 2024 AED 120,000; 2025 AED 120,000; 2026 AED 115,000

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

1-beds in Ahad Residences, and where 503 sits

All 227 1-beds →

503 last sold in June 2022 at AED 1,634 per sqft, in line with what one-beds in Ahad Residences were fetching at the time (AED 1,623). Over the last 12 months one-beds sold for AED 405,000 to 2,265,000, around AED 2,233 per sqft, and rent for AED 73,620 to 180,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Oct 20261,800,000
13 Oct 20262,000,000
9 Oct 20262,100,000
16 Sep 20262,080,000
22 1-bed sales in the last 12 months

Ahad Residences

Building

347 apartments, studios to 3-bed over 30 floors in Business Bay, completed in 2023 by Ahad Real Estate Development . 29 sold in the last 12 months.

Typical price per sqft
AED 2,260 Down 8.6%
Typical sale
AED 1.9M
Typical rent
AED 115K /yr
Typical yield
6.5%
Ahad Residences, Business Bay: prices, sales and rents →

Other units on the 5th floor

All 347 units in Ahad Residences
Value
5011-bedAED 1.9M · Jul 2024
5021-bedAED 1.58M · Aug 2023
5041-bedAED 1.27M · Aug 2022
5051-bedAED 1.13M · Jun 2022
5061-bedAED 1.48M · Jul 2022
5071-bedAED 1.35M · May 2022
508StudioAED 800K · Aug 2022
1–7 of 13

503, Ahad Residences in numbers

  • Sold once: by Ahad Real Estate Development on 30 June 2022 for AED 1,121,330, or AED 1,634 per sqft.
  • One-beds in Ahad Residences sold for AED 405,000–2,265,000 in the 12 months to November 2026; the building's median across all types is AED 2,260 per sqft.

Source: Dubai Land Department. Updated 30 June 2022.

Questions about 503, Ahad Residences

What did unit 503 last sell for?

AED 1,121,330 on 30 June 2022, sold by the developer: AED 1,634 per sqft for 686 sqft. It is the only registered sale of the unit.

How big is unit 503?

686 sqft (63.7 sqm): a one-bedroom apartment on the 5th floor of a 30-storey tower completed in 2023.

What is unit 503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Ahad Residences sold for AED 405,000 to 2,265,000 in the last 12 months, around AED 2,233 per sqft.

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Mortgage on 503, Ahad Residences

Starts from the last sale price (AED 1.12M, 30 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,121,330
Deposit, UAE resident (20%)
AED 224,266
Deposit, non-resident (40%)
AED 448,532
Monthly over 25 years at 3.7%
AED 4,588

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