Studio · 472 sqftUPSIDE Living, Business Bay · 5th floor · completed 2023

516, UPSIDE Living

Sold prices and rental history: sold once, by the developer in March 2024, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 516 · DLD and Ejari recordsUpdated 4 August 2026
Last soldAED 1.1M12 March 2024
Current rentAED 69K /yr4 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 516, UPSIDE Living

What is 516 worth today?

Last sold for AED 1,102,888 in 2024

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4 Aug 2026RentedNew contract
AED 69,000/yr12 months · AED 146 per sqft
20 Sep 2025RentedNew contract
AED 85,000/yr12 months · AED 180 per sqft
12 Mar 2024Sold by developerReady
AED 1,102,888AED 2,336 per sqft
1 Mar 2024RentedNew contract
AED 80,000/yr12 months · AED 169 per sqft

Source: Dubai Land Department. Updated 4 August 2026.

Key facts

Type
Studio apartment
Size
472 sqft
Floor
5th of 29
Parking
1
Developer
SRG
Completed
2023
Service charge
AED 9,100 /yr
Last sold
AED 1.1M · March 2024

About 516, UPSIDE Living

516 is a studio of 472 sqft on the 5th floor of UPSIDE Living, a 29-storey tower in Business Bay completed in 2023 by SRG. The developer sold it on 12 March 2024 for AED 1,102,888, or AED 2,336 per sqft, 18% below the AED 2,840 studios in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 4 August 2026, is AED 69,000 a year: a gross yield of 6.3% on the 2024 price, before the service charge of about AED 9,100 a year.

Sales and rents for 516 over time

Sales
Unit 516, each saleTypical studio in UPSIDE Living
1.2M1.4M20232024202520262027Typical sale price by year: 2023 AED 1,337,888; 2024 AED 1,375,888; 2025 AED 1,368,888; 2026 AED 1,507,888Sold by developer, March 2024: AED 1,102,888 (AED 2,336 per sqft)

516 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 516, each contractTypical studio in UPSIDE Living
80K100K202320252027Typical rent by year: 2023 AED 108,000; 2024 AED 100,000; 2025 AED 98,000; 2026 AED 80,000New contract, March 2024: AED 80,000 a yearNew contract, September 2025: AED 85,000 a yearNew contract, August 2026: AED 69,000 a year

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

Studios in UPSIDE Living, and where 516 sits

All 409 studios →

516 last sold in March 2024 at AED 2,336 per sqft, 18% below what studios in UPSIDE Living were fetching at the time (AED 2,840). Over the last 12 months studios sold for AED 1,000,000 to 2,119,888, around AED 3,056 per sqft, and rent for AED 50,000 to 132,000 a year. 516's AED 69,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
9 Oct 20261,250,000
1 Sep 20261,150,000
23 Jul 20261,846,888
23 Jul 20261,642,888
31 studio sales in the last 12 months

UPSIDE Living

Building

511 apartments, studios to 1-bed over 29 floors in Business Bay, completed in 2023 by SRG. 37 sold in the last 12 months.

Typical price per sqft
AED 3,056 Up 4.4%
Typical sale
AED 1.6M
Typical rent
AED 90K /yr
Typical yield
5.8%
UPSIDE Living, Business Bay: prices, sales and rents →

Other units on the 5th floor

All 511 units in UPSIDE Living
Value
501StudioAED 1.13M · Dec 2023
502StudioAED 979K · Dec 2023
503StudioAED 1.44M · Oct 2024
505StudioAED 1.34M · Dec 2023
506StudioAED 1.31M · Jan 2024
507StudioAED 1.59M · May 2024
508StudioAED 1.18M · Jan 2024
1–7 of 19

516, UPSIDE Living in numbers

  • Sold once: by SRG on 12 March 2024 for AED 1,102,888, or AED 2,336 per sqft.
  • Rented since March 2024 on 3 Ejari contracts, from AED 80,000 to AED 69,000 a year.
  • At AED 69,000 a year the gross yield on the 2024 price is 6.3%, before a service charge of about AED 9,100 a year (AED 19.34 per sqft).
  • Studios in UPSIDE Living sold for AED 1,000,000–2,119,888 in the 12 months to November 2026; the building's median across all types is AED 3,056 per sqft.

Source: Dubai Land Department. Updated 4 August 2026.

Questions about 516, UPSIDE Living

What did unit 516 last sell for?

AED 1,102,888 on 12 March 2024, sold by the developer: AED 2,336 per sqft for 472 sqft. It is the only registered sale of the unit.

What is the rent for unit 516?

AED 69,000 a year on the contract signed on 4 August 2026. The previous contract, from September 2025, was AED 85,000; the unit has been rented since March 2024.

How big is unit 516?

472 sqft (43.9 sqm): a studio on the 5th floor of a 29-storey tower completed in 2023.

What is unit 516 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in UPSIDE Living sold for AED 1,000,000 to 2,119,888 in the last 12 months, around AED 3,056 per sqft.

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Mortgage on 516, UPSIDE Living

Starts from the last sale price (AED 1.1M, 12 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,102,888
Deposit, UAE resident (20%)
AED 220,578
Deposit, non-resident (40%)
AED 441,155
Monthly over 25 years at 3.7%
AED 4,512

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