505, Urban Life
Sold prices and rental history: sold once, by the developer in May 2026, 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 505, Urban Life
What is 505 worth today?
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Source: Dubai Land Department. Updated 15 May 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 1,186 sqft
- Floor
- 5th of 15
- Parking
- 1
- Developer
- Urban Properties Development
- Last sold
- AED 2.21M · May 2026
- Building
- Urban Life
About 505, Urban Life
505 is a one-bedroom apartment of 1,186 sqft on the 5th floor of Urban Life, a 15-storey tower in Business Bay by Urban Properties Development . The developer sold it on 15 May 2026 for AED 2,214,248, or AED 1,867 per sqft, 10% below the AED 2,086 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 505 over time
505 has sold once; the dashed line is the one-bed median of each year in the building.
1-beds in Urban Life, and where 505 sits
All 58 1-beds →505 last sold in May 2026 at AED 1,867 per sqft, 10% below what one-beds in Urban Life were fetching at the time (AED 2,086). Over the last 12 months one-beds sold for AED 1,492,408 to 2,405,153, around AED 2,255 per sqft.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Oct 202612 October 2026 | 764 sqft | 1,852,399 | 2,423 | ||
| 23 Sep 202623 September 2026 | 764 sqft | 1,797,144 | 2,351 | ||
| 22 Sep 202622 September 2026 | 764 sqft | 1,726,104 | 2,258 | ||
| 4 Sep 20264 September 2026 | 855 sqft | 1,863,164 | 2,180 |
Urban Life
Building113 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
Other units on the 5th floor
All 113 units in Urban Life| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,575 sqft | AED 2.85MAED 2,845,076 · Feb 2026February 2026 | ||
| 502 | Studio | 411 sqft | AED 945KAED 945,348 · Aug 2025August 2025 | ||
| 504 | 1-bed | 894 sqft | AED 1.81MAED 1,805,251 · Dec 2025December 2025 | ||
| 506 | 2-bed | 1,762 sqft | AED 3MAED 3,001,311 · Mar 2026March 2026 | ||
| 507 | 1-bed | 764 sqft | AED 1.51MAED 1,505,919 · May 2025May 2025 | ||
| 509 | 1-bed | 777 sqft | AED 1.54MAED 1,544,324 · Jan 2026January 2026 | ||
| 510 | 1-bed | 875 sqft | AED 2.09MAED 2,085,694 · Feb 2026February 2026 | ||
| 511 | Studio | 510 sqft | AED 1.35MAED 1,351,231 · Dec 2025December 2025 |
505, Urban Life in numbers
- Sold once: by Urban Properties Development on 15 May 2026 for AED 2,214,248, or AED 1,867 per sqft.
- One-beds in Urban Life sold for AED 1,492,408–2,405,153 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 15 May 2026.
Questions about 505, Urban Life
What did unit 505 last sell for?
AED 2,214,248 on 15 May 2026, sold by the developer: AED 1,867 per sqft for 1,186 sqft. It is the only registered sale of the unit.
How big is unit 505?
1,186 sqft (110.2 sqm): a one-bedroom apartment on the 5th floor of a 15-storey tower.
What is unit 505 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Urban Life sold for AED 1,492,408 to 2,405,153 in the last 12 months, around AED 2,255 per sqft.
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Mortgage on 505, Urban Life
Starts from the last sale price (AED 2.21M, 15 May 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 2,214,248
- Deposit, UAE resident (20%)
- AED 442,850
- Deposit, non-resident (40%)
- AED 885,699
- Monthly over 25 years at 3.7%
- AED 9,059
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →