508, Ahad Residences
Sold prices and rental history: sold once, by the developer in August 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Ahad Residences
What is 508 worth today?
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Source: Dubai Land Department. Updated 20 August 2022.
Key facts
- Type
- Studio apartment
- Size
- 456 sqft
- Floor
- 5th of 30
- Parking
- 1
- Developer
- Ahad Real Estate Development
- Completed
- 2023
- Service charge
- AED 8,200 /yr
- Last sold
- AED 800K · August 2022
- Building
- Ahad Residences
About 508, Ahad Residences
508 is a studio of 456 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 20 August 2022 for AED 800,000, or AED 1,754 per sqft, in line with the AED 1,764 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 508 over time
508 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 Ahad Residences, and where 508 sits
All 79 studios →508 last sold in August 2022 at AED 1,754 per sqft, in line with what studios in Ahad Residences were fetching at the time (AED 1,764). Over the last 12 months studios sold for AED 1,150,000 to 2,000,000, around AED 2,877 per sqft, and rent for AED 38,000 to 125,000 a year.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Aug 202624 August 2026 | 418 sqft | 1,156,000 | 2,764 | ||
| 4 Mar 20264 March 2026 | 418 sqft | 1,150,000 | 2,752 | ||
| 19 Jan 202619 January 2026 | 451 sqft | 1,350,000 | 2,990 | ||
| 3 Dec 20253 December 2025 | 418 sqft | 2,000,000 | 4,782 |
Ahad Residences
Building347 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%
Other units on the 5th floor
All 347 units in Ahad Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 895 sqft | AED 1.9MAED 1,900,000 · Jul 2024July 2024 | 120,323 /yr | |
| 502 | 1-bed | 854 sqft | AED 1.58MAED 1,580,000 · Aug 2023August 2023 | 135,000 /yr | |
| 503 | 1-bed | 686 sqft | AED 1.12MAED 1,121,330 · Jun 2022June 2022 | ||
| 504 | 1-bed | 777 sqft | AED 1.27MAED 1,269,806 · Aug 2022August 2022 | 105,000 /yr | |
| 505 | 1-bed | 683 sqft | AED 1.13MAED 1,125,762 · Jun 2022June 2022 | 110,250 /yr | |
| 506 | 1-bed | 908 sqft | AED 1.48MAED 1,484,164 · Jul 2022July 2022 | 132,500 /yr | |
| 507 | 1-bed | 922 sqft | AED 1.35MAED 1,354,083 · May 2022May 2022 | ||
| 509 | Studio | 417 sqft | AED 725KAED 725,363 · Sep 2022September 2022 | 69,300 /yr | |
| 510 | 1-bed | 996 sqft | AED 1.54MAED 1,539,059 · Aug 2022August 2022 | ||
| 511 | Studio | 456 sqft | AED 1.05MAED 1,050,000 · Jan 2024January 2024 | 55,000 /yr | |
| 512 | Studio | 455 sqft | AED 1.28MAED 1,280,000 · Oct 2024October 2024 | 87,000 /yr | |
| 513 | 1-bed | 783 sqft | AED 1.19MAED 1,187,812 · Aug 2022August 2022 | 95,000 /yr | |
| 514 | 1-bed | 879 sqft | AED 1.46MAED 1,461,442 · Aug 2022August 2022 | 130,000 /yr |
508, Ahad Residences in numbers
- Sold once: by Ahad Real Estate Development on 20 August 2022 for AED 800,000, or AED 1,754 per sqft.
- Studios in Ahad Residences sold for AED 1,150,000–2,000,000 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 20 August 2022.
Questions about 508, Ahad Residences
What did unit 508 last sell for?
AED 800,000 on 20 August 2022, sold by the developer: AED 1,754 per sqft for 456 sqft. It is the only registered sale of the unit.
How big is unit 508?
456 sqft (42.4 sqm): a studio on the 5th floor of a 30-storey tower completed in 2023.
What is unit 508 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Ahad Residences sold for AED 1,150,000 to 2,000,000 in the last 12 months, around AED 2,877 per sqft.
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Mortgage on 508, Ahad Residences
Starts from the last sale price (AED 800K, 20 August 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 800,000
- Deposit, UAE resident (20%)
- AED 160,000
- Deposit, non-resident (40%)
- AED 320,000
- Monthly over 25 years at 3.7%
- AED 3,273
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →