Studio · 277 sqftMoon Tower, Business Bay · 5th floor

508, Moon Tower

Sold prices and rental history: sold twice, last in October 2015, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 20 October 2015
Last soldAED 227K20 October 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Moon Tower

What is 508 worth today?

Last sold for AED 227,140 in 2015

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20 Oct 2015SoldOff-plan
AED 227,140AED 820 per sqft
24 Mar 2015Sold by developerOff-plan
AED 454,280AED 992 per sqft

Source: Dubai Land Department. Updated 20 October 2015.

Key facts

Type
Studio apartment
Size
277 sqft
Floor
5th of 17
Parking
1
Last sold
AED 227K · October 2015
Building
Moon Tower

About 508, Moon Tower

508 is a studio of 277 sqft on the 5th floor of Moon Tower, a 17-storey tower in Business Bay. It last sold on 20 October 2015 for AED 227,140, or AED 820 per sqft, 29% below the AED 1,151 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

Sales
Unit 508, each saleTypical studio in Moon Tower
200K400K600K2014201620182020Typical sale price by year: 2014 AED 479,700; 2015 AED 526,300; 2016 AED 531,840; 2017 AED 615,000; 2019 AED 534,855Sold by developer, March 2015: AED 454,280 (AED 992 per sqft)Sold, October 2015: AED 227,140 (AED 820 per sqft)

508 has sold twice; the dashed line is the studio median of each year in the building.

Studios in Moon Tower, and where 508 sits

All 59 studios →

508 last sold in October 2015 at AED 820 per sqft, 29% below what studios in Moon Tower were fetching at the time (AED 1,151).

Recent studio salesUnit no.Price (AED)Summary
26 Mar 2020254,308
23 Mar 2020268,258
13 Nov 2019389,445
11 Nov 2019590,010
0 studio sales in the last 12 months

Moon Tower

Building

163 apartments, studios to 2-bed over 17 floors in Business Bay. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
Few contracts
Typical yield
Moon Tower, Business Bay: prices, sales and rents →

Other units on the 5th floor

All 163 units in Moon Tower
Value
5011-bedAED 760K · Nov 2011
5021-bedAED 912K · Jun 2015
5041-bedAED 919K · Oct 2016
5062-bedAED 1.04M · Nov 2011
507StudioAED 420K · Dec 2014
509StudioAED 527K · May 2016
510StudioAED 641K · Nov 2019
1–7 of 12

508, Moon Tower in numbers

  • Sold twice: first on 24 March 2015 for AED 454,280, last on 20 October 2015 for AED 227,140 (AED 820 per sqft).

Source: Dubai Land Department. Updated 20 October 2015.

Questions about 508, Moon Tower

What did unit 508 last sell for?

AED 227,140 on 20 October 2015: AED 820 per sqft for 277 sqft. The unit has 2 registered sales; the first was AED 454,280 in March 2015.

How big is unit 508?

277 sqft (25.7 sqm): a studio on the 5th floor of a 17-storey tower.

What is unit 508 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 508, Moon Tower

Starts from the last sale price (AED 227K, 20 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 227,140
Deposit, UAE resident (20%)
AED 45,428
Deposit, non-resident (40%)
AED 90,856
Monthly over 25 years at 3.7%
AED 929

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