5023, SLS Dubai Hotel and 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 5023, SLS Dubai Hotel and Residences
What is 5023 worth today?
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Source: Dubai Land Department. Updated 24 August 2022.
Key facts
- Type
- Studio hotel apartment
- Size
- 678 sqft
- Floor
- 50th of 67
- Parking
- P5-04
- Developer
- WOW Real Estate Development
- Completed
- 2021
- Last sold
- AED 2.29M · August 2022
- Building
- SLS Dubai Hotel and Residences
About 5023, SLS Dubai Hotel and Residences
5023 is a studio of 678 sqft on the 50th floor of SLS Dubai Hotel and Residences, a 67-storey tower in Business Bay completed in 2021 by WOW Real Estate Development. The developer sold it on 24 August 2022 for AED 2,285,714, or AED 3,370 per sqft, 25% above the AED 2,691 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 5023 over time
5023 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 SLS Dubai Hotel and Residences, and where 5023 sits
All 395 studios →5023 last sold in August 2022 at AED 3,370 per sqft, 25% above what studios in SLS Dubai Hotel and Residences were fetching at the time (AED 2,691). Over the last 12 months studios sold for AED 540,000 to 1,739,920, around AED 2,258 per sqft, and rent for AED 64,272 to 127,742 a year.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Aug 20267 August 2026 | 655 sqft | 1,300,000 | 1,985 | ||
| 2 Jul 20262 July 2026 | 651 sqft | 1,380,000 | 2,120 | ||
| 21 May 202621 May 2026 | 678 sqft | 1,470,000 | 2,167 | ||
| 14 May 202614 May 2026 | 651 sqft | 1,525,000 | 2,343 |
SLS Dubai Hotel and Residences
Building1,056 apartments, studios to 4-bed over 67 floors in Business Bay, completed in 2021 by WOW Real Estate Development. 68 sold in the last 12 months.
- Typical price per sqft
- AED 1,809 Down 13.9%
- Typical sale
- AED 2M
- Typical rent
- AED 142K /yr
- Typical yield
- 7.4%
Other units on the 50th floor
All 1,056 units in SLS Dubai Hotel and Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5002 | Studio | 678 sqft | AED 2.76MAED 2,761,905 · Nov 2022November 2022 | ||
| 5003 | Studio | 655 sqft | AED 2.76MAED 2,761,905 · Nov 2022November 2022 | ||
| 5004 | Studio | 651 sqft | AED 2.76MAED 2,761,905 · Oct 2022October 2022 | ||
| 5005 | Studio | 651 sqft | No registered sale | ||
| 5006 | 1-bed | 788 sqft | AED 2.78MAED 2,780,952 · Sep 2022September 2022 | ||
| 5007 | Studio | 651 sqft | AED 2.76MAED 2,761,905 · Oct 2022October 2022 | ||
| 5008 | Studio | 651 sqft | No registered sale | ||
| 5009 | Studio | 655 sqft | AED 2.4MAED 2,400,000 · Aug 2022August 2022 | ||
| 5010 | Studio | 678 sqft | AED 2.4MAED 2,400,000 · Aug 2022August 2022 | ||
| 5011 | Studio | 659 sqft | AED 2.51MAED 2,514,286 · Aug 2022August 2022 | ||
| 5013 | 1-bed | 1,104 sqft | AED 5.28MAED 5,276,190 · Nov 2023November 2023 | ||
| 5014 | 1-bed | 1,073 sqft | AED 4.68MAED 4,682,358 · Jul 2023July 2023 | ||
| 5015 | Studio | 678 sqft | AED 2.29MAED 2,285,714 · Aug 2022August 2022 | ||
| 5016 | Studio | 655 sqft | No registered sale | ||
| 5017 | Studio | 163 sqft | AED 600KAED 600,000 · Jan 2024January 2024 | ||
| 5018 | Studio | 651 sqft | No registered sale | ||
| 5019 | 1-bed | 788 sqft | AED 2.67MAED 2,666,667 · Sep 2022September 2022 | ||
| 5020 | Studio | 163 sqft | AED 690KAED 690,476 · Feb 2026February 2026 | ||
| 5021 | Studio | 651 sqft | AED 2.29MAED 2,285,714 · Sep 2022September 2022 | ||
| 5022 | Studio | 655 sqft | No registered sale | ||
| 5024 | 1-bed | 1,060 sqft | AED 4.25MAED 4,246,349 · Jul 2023July 2023 | ||
| 5025 | 1-bed | 1,095 sqft | AED 4.38MAED 4,380,952 · Jun 2023June 2023 | ||
| 5016 (Q 4) | Studio | 164 sqft | AED 690KAED 690,476 · Dec 2022December 2022 | ||
| 5017 (Q 1) | Studio | 163 sqft | AED 571KAED 571,429 · Sep 2022September 2022 | ||
| 5017 (Q 2) | Studio | 163 sqft | AED 571KAED 571,429 · Aug 2022August 2022 | ||
| 5017 (Q 3) | Studio | 163 sqft | AED 571KAED 571,429 · Aug 2022August 2022 | ||
| 5017 (Q 4) | Studio | 163 sqft | AED 571KAED 571,429 · Aug 2022August 2022 |
5023, SLS Dubai Hotel and Residences in numbers
- Sold once: by WOW Real Estate Development on 24 August 2022 for AED 2,285,714, or AED 3,370 per sqft.
- Studios in SLS Dubai Hotel and Residences sold for AED 540,000–1,739,920 in the 12 months to November 2026; the building's median across all types is AED 1,809 per sqft.
Source: Dubai Land Department. Updated 24 August 2022.
Questions about 5023, SLS Dubai Hotel and Residences
What did unit 5023 last sell for?
AED 2,285,714 on 24 August 2022, sold by the developer: AED 3,370 per sqft for 678 sqft. It is the only registered sale of the unit.
How big is unit 5023?
678 sqft (63.0 sqm): a studio on the 50th floor of a 67-storey tower completed in 2021.
What is unit 5023 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in SLS Dubai Hotel and Residences sold for AED 540,000 to 1,739,920 in the last 12 months, around AED 2,258 per sqft.
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Mortgage on 5023, SLS Dubai Hotel and Residences
Starts from the last sale price (AED 2.29M, 24 August 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,285,714
- Deposit, UAE resident (20%)
- AED 457,143
- Deposit, non-resident (40%)
- AED 914,286
- Monthly over 25 years at 3.7%
- AED 9,352
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →