1506, West Five Business Bay Residence
Sold prices and rental history: sold once, by the developer in August 2025, and rented once, from December 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1506, West Five Business Bay Residence
What is 1506 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 14 December 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,498 sqft
- Floor
- 15th of 15
- Parking
- B1-003
- Developer
- Fortune 5 Property Development
- Completed
- 2024
- Last sold
- AED 2.31M · August 2025
- Building
- West Five Business Bay Residence
About 1506, West Five Business Bay Residence
1506 is a one-bedroom apartment of 1,498 sqft on the 15th floor of West Five Business Bay Residence, a 15-storey tower in Business Bay completed in 2024 by Fortune 5 Property Development . The developer sold it on 26 August 2025 for AED 2,305,777, or AED 1,539 per sqft, 20% below the AED 1,934 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 14 December 2025. The current contract, signed on 14 December 2025, is AED 140,000 a year: a gross yield of 6.1% on the 2025 price.
Sales and rents for 1506 over time
1506 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in West Five Business Bay Residence, and where 1506 sits
All 111 1-beds →1506 last sold in August 2025 at AED 1,539 per sqft, 20% below what one-beds in West Five Business Bay Residence were fetching at the time (AED 1,934). Over the last 12 months one-beds sold for AED 1,400,000 to 2,100,000, around AED 2,304 per sqft, and rent for AED 70,000 to 145,000 a year. 1506's AED 140,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Aug 202626 August 2026 | 874 sqft | 1,660,000 | 1,899 | ||
| 7 Aug 20267 August 2026 | 868 sqft | 2,000,000 | 2,304 | ||
| 7 Aug 20267 August 2026 | 865 sqft | 2,000,000 | 2,311 | ||
| 15 Jul 202615 July 2026 | 688 sqft | 1,500,000 | 2,180 |
West Five Business Bay Residence
Building135 apartments, 1-bed to 2-bed over 15 floors in Business Bay, completed in 2024 by Fortune 5 Property Development . 17 sold in the last 12 months.
- Typical price per sqft
- AED 2,278 Up 6.7%
- Typical sale
- AED 2M
- Typical rent
- AED 100K /yr
- Typical yield
- 5.5%
Other units on the 15th floor
All 135 units in West Five Business Bay Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 695 sqft | AED 2MAED 2,002,777 · May 2024May 2024 | 80,000 /yr | |
| 1502 | 1-bed | 721 sqft | AED 1.96MAED 1,962,777 · Nov 2023November 2023 | 115,000 /yr | |
| 1503 | 2-bed | 1,477 sqft | AED 3.27MAED 3,269,777 · Nov 2023November 2023 | ||
| 1504 | 1-bed | 874 sqft | AED 1.69MAED 1,688,777 · Jul 2025July 2025 | ||
| 1505 | 1-bed | 876 sqft | AED 1.96MAED 1,955,777 · Nov 2023November 2023 | 100,000 /yr | |
| 1507 | 1-bed | 688 sqft | AED 1.87MAED 1,868,777 · Nov 2023November 2023 | 87,000 /yr | |
| 1508 | 1-bed | 721 sqft | AED 1.97MAED 1,968,777 · Nov 2023November 2023 |
1506, West Five Business Bay Residence in numbers
- Sold once: by Fortune 5 Property Development on 26 August 2025 for AED 2,305,777, or AED 1,539 per sqft.
- Rented since December 2025 on one Ejari contract, at AED 140,000 a year.
- At AED 140,000 a year the gross yield on the 2025 price is 6.1%.
- One-beds in West Five Business Bay Residence sold for AED 1,400,000–2,100,000 in the 12 months to November 2026; the building's median across all types is AED 2,278 per sqft.
Source: Dubai Land Department. Updated 14 December 2025.
Questions about 1506, West Five Business Bay Residence
What did unit 1506 last sell for?
AED 2,305,777 on 26 August 2025, sold by the developer: AED 1,539 per sqft for 1,498 sqft. It is the only registered sale of the unit.
What is the rent for unit 1506?
AED 140,000 a year on the contract signed on 14 December 2025.
How big is unit 1506?
1,498 sqft (139.2 sqm): a one-bedroom apartment on the 15th floor of a 15-storey tower completed in 2024.
What is unit 1506 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in West Five Business Bay Residence sold for AED 1,400,000 to 2,100,000 in the last 12 months, around AED 2,304 per sqft.
Selling 1506? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1506, West Five Business Bay Residence
Starts from the last sale price (AED 2.31M, 26 August 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,305,777
- Deposit, UAE resident (20%)
- AED 461,155
- Deposit, non-resident (40%)
- AED 922,311
- Monthly over 25 years at 3.7%
- AED 9,434
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →