308, West Five Business Bay Residence
Sold prices and rental history: sold once, by the developer in November 2023, 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 308, West Five Business Bay Residence
What is 308 worth today?
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Source: Dubai Land Department. Updated 6 November 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 701 sqft
- Floor
- 3rd of 15
- Parking
- 1
- Developer
- Fortune 5 Property Development
- Completed
- 2024
- Last sold
- AED 1.31M · November 2023
- Building
- West Five Business Bay Residence
About 308, West Five Business Bay Residence
308 is a one-bedroom apartment of 701 sqft on the 3rd 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 6 November 2023 for AED 1,312,777, or AED 1,872 per sqft, in line with the AED 1,893 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 308 over time
308 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 308 sits
All 111 1-beds →308 last sold in November 2023 at AED 1,872 per sqft, in line with what one-beds in West Five Business Bay Residence were fetching at the time (AED 1,893). 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.
| 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 3rd floor
All 135 units in West Five Business Bay Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 694 sqft | AED 1.8MAED 1,800,000 · Jan 2026January 2026 | 112,000 /yr | |
| 302 | 1-bed | 705 sqft | AED 1.42MAED 1,422,777 · Nov 2023November 2023 | 85,000 /yr | |
| 303 | 1-bed | 762 sqft | AED 1.47MAED 1,467,777 · Mar 2024March 2024 | ||
| 304 | 2-bed | 1,152 sqft | AED 2.4MAED 2,400,777 · Nov 2025November 2025 | 160,000 /yr | |
| 305 | 1-bed | 858 sqft | AED 1.29MAED 1,285,777 · Nov 2023November 2023 | ||
| 306 | 1-bed | 868 sqft | AED 1.29MAED 1,285,777 · Nov 2023November 2023 | 110,000 /yr | |
| 307 | 2-bed | 1,288 sqft | AED 2.65MAED 2,652,777 · Nov 2023November 2023 | 140,000 /yr | |
| 309 | 1-bed | 634 sqft | AED 1.26MAED 1,259,777 · Nov 2023November 2023 | ||
| 310 | 1-bed | 721 sqft | AED 1.39MAED 1,388,777 · Nov 2023November 2023 |
308, West Five Business Bay Residence in numbers
- Sold once: by Fortune 5 Property Development on 6 November 2023 for AED 1,312,777, or AED 1,872 per sqft.
- 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 6 November 2023.
Questions about 308, West Five Business Bay Residence
What did unit 308 last sell for?
AED 1,312,777 on 6 November 2023, sold by the developer: AED 1,872 per sqft for 701 sqft. It is the only registered sale of the unit.
How big is unit 308?
701 sqft (65.1 sqm): a one-bedroom apartment on the 3rd floor of a 15-storey tower completed in 2024.
What is unit 308 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.
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Mortgage on 308, West Five Business Bay Residence
Starts from the last sale price (AED 1.31M, 6 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,312,777
- Deposit, UAE resident (20%)
- AED 262,555
- Deposit, non-resident (40%)
- AED 525,111
- Monthly over 25 years at 3.7%
- AED 5,371
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →