5-bed · 13,165 sqftVolante, Business Bay · 5th floor · completed 2017

500, Volante

Sold prices and rental history: sold once, by the developer in June 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 500 · DLD and Ejari recordsUpdated 12 June 2024
Last soldAED 45.67M12 June 2024
Current rentAED 1.5M /yr19 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 500, Volante

What is 500 worth today?

Last sold for AED 45,665,000 in 2024

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12 Jun 2024Sold by developerReady
AED 45,665,000AED 3,468 per sqft
19 May 2023RentedNew contract
AED 1,500,000/yr12 months · AED 114 per sqft
19 May 2022RentedRenewal
AED 1,500,000/yr12 months · AED 114 per sqft
19 May 2021RentedNew contract
AED 1,500,000/yr12 months · AED 114 per sqft

Source: Dubai Land Department. Updated 12 June 2024.

Key facts

Type
5-bed apartment
Size
13,165 sqft
Floor
5th of 34
Parking
L1-19,L1-20,L1-21,L1-22
Developer
XV.A05.019
Completed
2017
Service charge
AED 327,300 /yr
Last sold
AED 45.67M · June 2024
Building
Volante

About 500, Volante

500 is a five-bedroom apartment of 13,165 sqft on the 5th floor of Volante, a 34-storey tower in Business Bay completed in 2017 by XV.A05.019. The developer sold it on 12 June 2024 for AED 45,665,000, or AED 3,468 per sqft.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 19 May 2023, is AED 1,500,000 a year: a gross yield of 3.3% on the 2024 price, before the service charge of about AED 327,300 a year.

Sales and rents for 500 over time

Sales
Unit 500, each saleTypical five-bed in Volante
20M40M2017202020232026Typical sale price by year: 2017 AED 20,000,000; 2025 AED 39,500,000Sold by developer, June 2024: AED 45,665,000 (AED 3,468 per sqft)

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

Rents
Unit 500, each contractTypical five-bed in Volante
1.6M1.8M2021202220232024Typical rent by year: 2021 AED 1,550,000; 2022 AED 1,587,500; 2023 AED 1,775,000New contract, May 2021: AED 1,500,000 a yearRenewal, May 2022: AED 1,500,000 a yearNew contract, May 2023: AED 1,500,000 a year

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

5-beds in Volante, and where 500 sits

All 11 5-beds →
Recent 5-bed salesUnit no.Price (AED)Summary
12 Jun 202543,500,000
4 Apr 202537,000,000
7 Mar 202539,500,000
1 May 202338,461,538
0 5-bed sales in the last 12 months

Volante

Building

45 apartments, 1-bed to 5-bed over 34 floors in Business Bay, completed in 2017 by XV.A05.019. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 900K /yr
Typical yield
Volante, Business Bay: prices, sales and rents →

500, Volante in numbers

  • Sold once: by XV.A05.019 on 12 June 2024 for AED 45,665,000, or AED 3,468 per sqft.
  • Rented since May 2021 on 3 Ejari contracts, at AED 1,500,000 a year.
  • At AED 1,500,000 a year the gross yield on the 2024 price is 3.3%, before a service charge of about AED 327,300 a year (AED 24.86 per sqft).

Source: Dubai Land Department. Updated 12 June 2024.

Questions about 500, Volante

What did unit 500 last sell for?

AED 45,665,000 on 12 June 2024, sold by the developer: AED 3,468 per sqft for 13,165 sqft. It is the only registered sale of the unit.

What is the rent for unit 500?

AED 1,500,000 a year on the contract signed on 19 May 2023. The previous contract, from May 2022, was AED 1,500,000; the unit has been rented since May 2021.

How big is unit 500?

13,165 sqft (1223.1 sqm): a five-bedroom apartment on the 5th floor of a 34-storey tower completed in 2017.

What is unit 500 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 500, Volante

Starts from the last sale price (AED 45.67M, 12 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 45,665,000
Deposit, UAE resident (20%)
AED 9,133,000
Deposit, non-resident (40%)
AED 18,266,000
Monthly over 25 years at 3.7%
AED 186,830

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