2-bed · 1,762 sqftUrban Life, Business Bay · 5th floor

506, Urban Life

Sold prices and rental history: sold once, by the developer in March 2026, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 10 March 2026
Last soldAED 3M10 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, Urban Life

What is 506 worth today?

Last sold for AED 3,001,311 in 2026

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10 Mar 2026Sold by developerOff-plan
AED 3,001,311AED 1,702 per sqft

Source: Dubai Land Department. Updated 10 March 2026.

Key facts

Type
2-bed apartment
Size
1,762 sqft
Floor
5th of 15
Parking
1
Developer
Urban Properties Development
Last sold
AED 3M · March 2026
Building
Urban Life

About 506, Urban Life

506 is a two-bedroom apartment of 1,762 sqft on the 5th floor of Urban Life, a 15-storey tower in Business Bay by Urban Properties Development . The developer sold it on 10 March 2026 for AED 3,001,311, or AED 1,702 per sqft, in line with the AED 1,730 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 506 over time

Sales
Unit 506, each saleTypical two-bed in Urban Life
2.8M3M202520262027Typical sale price by year: 2025 AED 2,728,157; 2026 AED 2,911,832Sold by developer, March 2026: AED 3,001,311 (AED 1,702 per sqft)

506 has sold once; the dashed line is the two-bed median of each year in the building.

2-beds in Urban Life, and where 506 sits

All 22 2-beds →

506 last sold in March 2026 at AED 1,702 per sqft, in line with what two-beds in Urban Life were fetching at the time (AED 1,730). Over the last 12 months two-beds sold for AED 2,426,683 to 3,097,439, around AED 1,763 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
23 Sep 20262,971,287
24 Jul 20262,979,950
13 Jun 20262,988,761
11 Jun 20263,054,459
19 2-bed 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
502StudioAED 945K · Aug 2025
5041-bedAED 1.81M · Dec 2025
5051-bedAED 2.21M · May 2026
5071-bedAED 1.51M · May 2025
5091-bedAED 1.54M · Jan 2026
5101-bedAED 2.09M · Feb 2026
1–7 of 8

506, Urban Life in numbers

  • Sold once: by Urban Properties Development on 10 March 2026 for AED 3,001,311, or AED 1,702 per sqft.
  • Two-beds in Urban Life sold for AED 2,426,683–3,097,439 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 10 March 2026.

Questions about 506, Urban Life

What did unit 506 last sell for?

AED 3,001,311 on 10 March 2026, sold by the developer: AED 1,702 per sqft for 1,762 sqft. It is the only registered sale of the unit.

How big is unit 506?

1,762 sqft (163.7 sqm): a two-bedroom apartment on the 5th floor of a 15-storey tower.

What is unit 506 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Urban Life sold for AED 2,426,683 to 3,097,439 in the last 12 months, around AED 1,763 per sqft.

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Mortgage on 506, Urban Life

Starts from the last sale price (AED 3M, 10 March 2026). Switch to today's estimate once you have unlocked it.
Price
AED 3,001,311
Deposit, UAE resident (20%)
AED 600,262
Deposit, non-resident (40%)
AED 1,200,524
Monthly over 25 years at 3.7%
AED 12,279

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