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Studio · 482 sqftDamac Maison Cour Jardin (The Cosmopolitan), Business Bay · 5th floor · completed 2014

511, Damac Maison Cour Jardin (The Cosmopolitan)

Sold prices and rental history: sold 4 times, last in December 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 511 · DLD and Ejari recordsUpdated 22 December 2022
Last soldAED 645K22 December 2022
Current rentAED 42K /yr14 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 511, Damac Maison Cour Jardin (The Cosmopolitan)

What is 511 worth today?

Last sold for AED 645,000 in 2022

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22 Dec 2022SoldReady
AED 645,000AED 1,337 per sqft
14 Jul 2021RentedNew contract
AED 42,000/yr12 months · AED 87 per sqft
28 May 2020RentedNew contract
AED 37,000/yr12 months · AED 76 per sqft
24 Dec 2018SoldReady
AED 302,500AED 627 per sqft
5 Nov 2018RentedNew contract
AED 60,000/yr12 months · AED 124 per sqft
10 Dec 2016RentedNew contract
AED 70,000/yr12 months · AED 145 per sqft
28 Nov 2015RentedNew contract
AED 78,000/yr12 months · AED 161 per sqft
25 Nov 2014SoldReady
AED 1,037,221AED 2,150 per sqft

Source: Dubai Land Department. Updated 22 December 2022.

Key facts

Type
Studio apartment
Size
482 sqft
Floor
5th of 19
Parking
B3-78
Developer
DAMAC
Completed
2014
Last sold
AED 645K · December 2022
Building
Damac Maison Cour Jardin (The Cosmopolitan)

About 511, Damac Maison Cour Jardin (The Cosmopolitan)

511 is a studio of 482 sqft on the 5th floor of Damac Maison Cour Jardin (The Cosmopolitan), a 19-storey tower in Business Bay completed in 2014 by DAMAC. It last sold on 22 December 2022 for AED 645,000, or AED 1,337 per sqft, 4% above the AED 1,281 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 14 July 2021, is AED 42,000 a year: a gross yield of 6.5% on the 2022 price.

Sales and rents for 511 over time

Sales
Unit 511, each saleTypical studio in Damac Maison Cour Jardin (The Cosmopolitan)
500K1M2012201620202024Typical sale price by year: 2012 AED 859,649; 2013 AED 1,056,400; 2014 AED 960,400; 2015 AED 998,750; 2016 AED 750,000; 2017 AED 745,000; 2018 AED 377,311; 2019 AED 537,500; 2020 AED 465,000; 2021 AED 490,000; 2022 AED 530,000; 2023 AED 667,500; 2024 AED 741,454; 2025 AED 780,000; 2026 AED 820,000Sold by developer, February 2013: AED 1,037,221 (AED 2,150 per sqft)Sold, November 2014: AED 1,037,221 (AED 2,150 per sqft)Sold, December 2018: AED 302,500 (AED 627 per sqft)Sold, December 2022: AED 645,000 (AED 1,337 per sqft)

511 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 511, each contractTypical studio in Damac Maison Cour Jardin (The Cosmopolitan)
40K60K80K2014201820222026Typical rent by year: 2014 AED 75,000; 2015 AED 75,000; 2016 AED 72,000; 2017 AED 68,000; 2018 AED 60,000; 2019 AED 52,000; 2020 AED 40,000; 2021 AED 39,000; 2022 AED 45,000; 2023 AED 58,000; 2024 AED 63,000; 2025 AED 65,000; 2026 AED 58,000New contract, November 2015: AED 78,000 a yearNew contract, December 2016: AED 70,000 a yearNew contract, November 2018: AED 60,000 a yearNew contract, May 2020: AED 37,000 a yearNew contract, July 2021: AED 42,000 a year

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

Studios in Damac Maison Cour Jardin (The Cosmopolitan), and where 511 sits

All 203 studios →

511 last sold in December 2022 at AED 1,337 per sqft, 4% above what studios in Damac Maison Cour Jardin (The Cosmopolitan) were fetching at the time (AED 1,281). Over the last 12 months studios sold for AED 600,000 to 900,000, around AED 1,712 per sqft, and rent for AED 40,000 to 98,000 a year. 511's AED 42,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
26 Aug 2026600,000
6 Jun 2026800,000
18 May 2026820,000
28 Apr 2026880,000
10 studio sales in the last 12 months

Damac Maison Cour Jardin (The Cosmopolitan)

Building

355 apartments, studios to 3-bed over 19 floors in Business Bay, completed in 2014 by DAMAC. 22 sold in the last 12 months.

Typical price per sqft
AED 1,491 Down 6.1%
Typical sale
AED 1.04M
Typical rent
AED 68K /yr
Typical yield
7.5%
Damac Maison Cour Jardin (The Cosmopolitan), Business Bay: prices, sales and rents →

Other units on the 5th floor

All 355 units in Damac Maison Cour Jardin (The Cosmopolitan)
Value
501StudioAED 735K · Dec 2024
5021-bedAED 1.41M · Feb 2015
507StudioAED 693K · Oct 2016
508StudioAED 820K · Jan 2026
5091-bedAED 1.5M · Mar 2015
5103-bedAED 3.32M · Nov 2014
512StudioAED 750K · Aug 2024
1–7 of 18

511, Damac Maison Cour Jardin (The Cosmopolitan) in numbers

  • Sold 4 times: first on 11 February 2013 for AED 1,037,221, last on 22 December 2022 for AED 645,000 (AED 1,337 per sqft).
  • Rented since November 2015 on 5 Ejari contracts. The rent fell from AED 78,000 to AED 37,000 in 2020 and recovered to AED 42,000 by July 2021.
  • At AED 42,000 a year the gross yield on the 2022 price is 6.5%.
  • Studios in Damac Maison Cour Jardin (The Cosmopolitan) sold for AED 600,000–900,000 in the 12 months to November 2026; the building's median across all types is AED 1,491 per sqft.

Source: Dubai Land Department. Updated 22 December 2022.

Questions about 511, Damac Maison Cour Jardin (The Cosmopolitan)

What did unit 511 last sell for?

AED 645,000 on 22 December 2022: AED 1,337 per sqft for 482 sqft. The unit has 4 registered sales; the first was AED 1,037,221 in February 2013.

What is the rent for unit 511?

AED 42,000 a year on the contract signed on 14 July 2021. The previous contract, from May 2020, was AED 37,000; the unit has been rented since November 2015.

How big is unit 511?

482 sqft (44.8 sqm): a studio on the 5th floor of a 19-storey tower completed in 2014.

What is unit 511 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Damac Maison Cour Jardin (The Cosmopolitan) sold for AED 600,000 to 900,000 in the last 12 months, around AED 1,712 per sqft.

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Mortgage on 511, Damac Maison Cour Jardin (The Cosmopolitan)

Starts from the last sale price (AED 645K, 22 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 645,000
Deposit, UAE resident (20%)
AED 129,000
Deposit, non-resident (40%)
AED 258,000
Monthly over 25 years at 3.7%
AED 2,639

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