Studio · 411 sqftUrban Life, Business Bay · 5th floor

502, Urban Life

Sold prices and rental history: sold once, by the developer in August 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 6 August 2025
Last soldAED 945K6 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Urban Life

What is 502 worth today?

Last sold for AED 945,348 in 2025

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6 Aug 2025Sold by developerOff-plan
AED 945,348AED 2,297 per sqft

Source: Dubai Land Department. Updated 6 August 2025.

Key facts

Type
Studio apartment
Size
411 sqft
Floor
5th of 15
Parking
1
Developer
Urban Properties Development
Last sold
AED 945K · August 2025
Building
Urban Life

About 502, Urban Life

502 is a studio of 411 sqft on the 5th floor of Urban Life, a 15-storey tower in Business Bay by Urban Properties Development . The developer sold it on 6 August 2025 for AED 945,348, or AED 2,297 per sqft, in line with the AED 2,277 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical studio in Urban Life
1M1.2M202520262027Typical sale price by year: 2025 AED 952,084; 2026 AED 1,242,647Sold by developer, August 2025: AED 945,348 (AED 2,297 per sqft)

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

Studios in Urban Life, and where 502 sits

All 33 studios →

502 last sold in August 2025 at AED 2,297 per sqft, in line with what studios in Urban Life were fetching at the time (AED 2,277). Over the last 12 months studios sold for AED 870,608 to 1,387,466, around AED 2,647 per sqft.

Recent studio salesUnit no.Price (AED)Summary
15 Jul 20261,100,000
22 Jun 2026965,250
11 Jun 20261,235,293
27 Apr 20261,360,290
15 studio sales in the last 12 months

Urban Life

Building

113 apartments, studios to 2-bed over 15 floors in Business Bay by Urban Properties Development . 76 sold in the last 12 months.

Typical price per sqft
AED 2,236 Up 4.9%
Typical sale
AED 1.98M
Typical rent
Few contracts
Typical yield
Urban Life, Business Bay: prices, sales and rents →

Other units on the 5th floor

All 113 units in Urban Life
Value
5012-bedAED 2.85M · Feb 2026
5041-bedAED 1.81M · Dec 2025
5051-bedAED 2.21M · May 2026
5062-bedAED 3M · Mar 2026
5071-bedAED 1.51M · May 2025
5091-bedAED 1.54M · Jan 2026
5101-bedAED 2.09M · Feb 2026
1–7 of 8

502, Urban Life in numbers

  • Sold once: by Urban Properties Development on 6 August 2025 for AED 945,348, or AED 2,297 per sqft.
  • Studios in Urban Life sold for AED 870,608–1,387,466 in the 12 months to November 2026; the building's median across all types is AED 2,236 per sqft.

Source: Dubai Land Department. Updated 6 August 2025.

Questions about 502, Urban Life

What did unit 502 last sell for?

AED 945,348 on 6 August 2025, sold by the developer: AED 2,297 per sqft for 411 sqft. It is the only registered sale of the unit.

How big is unit 502?

411 sqft (38.2 sqm): a studio on the 5th floor of a 15-storey tower.

What is unit 502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Urban Life sold for AED 870,608 to 1,387,466 in the last 12 months, around AED 2,647 per sqft.

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Mortgage on 502, Urban Life

Starts from the last sale price (AED 945K, 6 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 945,348
Deposit, UAE resident (20%)
AED 189,070
Deposit, non-resident (40%)
AED 378,139
Monthly over 25 years at 3.7%
AED 3,868

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