1-bed · 695 sqftWest Five Business Bay Residence, Business Bay · 4th floor · completed 2024

401, West Five Business Bay Residence

Sold prices and rental history: sold once, by the developer in November 2023, and rented since 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 23 January 2027
Last soldAED 1.47M9 November 2023
Current rentAED 108K /yr23 January 2027
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, West Five Business Bay Residence

What is 401 worth today?

Last sold for AED 1,466,777 in 2023

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23 Jan 2027RentedRenewal
AED 108,000/yr12 months · AED 154 per sqft
23 Jan 2026RentedNew contract
AED 120,000/yr12 months · AED 172 per sqft
9 Nov 2023Sold by developerOff-plan
AED 1,466,777AED 2,110 per sqft

Source: Dubai Land Department. Updated 23 January 2027.

Key facts

Type
1-bed apartment
Size
695 sqft
Floor
4th of 15
Parking
B3-003
Developer
Fortune 5 Property Development
Completed
2024
Last sold
AED 1.47M · November 2023

About 401, West Five Business Bay Residence

401 is a one-bedroom apartment of 695 sqft on the 4th 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 9 November 2023 for AED 1,466,777, or AED 2,110 per sqft, in line with the AED 2,059 one-beds in the building were fetching at the time.

It has been rented since 2026 on 2 Ejari contracts. The current contract, renewed on 23 January 2027, is AED 108,000 a year: a gross yield of 7.4% on the 2023 price.

Sales and rents for 401 over time

Sales
Unit 401, each saleTypical one-bed in West Five Business Bay Residence
1.6M1.8M20232024202520262027Typical sale price by year: 2023 AED 1,559,777; 2024 AED 1,614,777; 2025 AED 1,688,777; 2026 AED 1,750,000Sold by developer, November 2023: AED 1,466,777 (AED 2,110 per sqft)

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

Rents
Unit 401, each contractTypical one-bed in West Five Business Bay Residence
100K120K202520262027Typical rent by year: 2025 AED 120,000; 2026 AED 92,000New contract, January 2026: AED 120,000 a yearRenewal, January 2027: AED 108,000 a year

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 401 sits

All 111 1-beds →

401 last sold in November 2023 at AED 2,110 per sqft, in line with what one-beds in West Five Business Bay Residence were fetching at the time (AED 2,059). 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. 401's AED 108,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
26 Aug 20261,660,000
7 Aug 20262,000,000
7 Aug 20262,000,000
15 Jul 20261,500,000
11 1-bed sales in the last 12 months

West Five Business Bay Residence

Building

135 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%
West Five Business Bay Residence, Business Bay: prices, sales and rents →
Value
4021-bedAED 1.53M · Nov 2023
4031-bedAED 1.49M · Nov 2023
4042-bedAED 2.41M · Nov 2023
4051-bedAED 1.49M · Nov 2023
4061-bedAED 1.4M · Nov 2023
4072-bedAED 2.76M · Nov 2023
4081-bedAED 1.45M · Nov 2023
1–7 of 9

401, West Five Business Bay Residence in numbers

  • Sold once: by Fortune 5 Property Development on 9 November 2023 for AED 1,466,777, or AED 2,110 per sqft.
  • Rented since January 2026 on 2 Ejari contracts, from AED 120,000 to AED 108,000 a year.
  • At AED 108,000 a year the gross yield on the 2023 price is 7.4%.
  • 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 23 January 2027.

Questions about 401, West Five Business Bay Residence

What did unit 401 last sell for?

AED 1,466,777 on 9 November 2023, sold by the developer: AED 2,110 per sqft for 695 sqft. It is the only registered sale of the unit.

What is the rent for unit 401?

AED 108,000 a year on the contract renewed on 23 January 2027. The previous contract, from January 2026, was AED 120,000.

How big is unit 401?

695 sqft (64.6 sqm): a one-bedroom apartment on the 4th floor of a 15-storey tower completed in 2024.

What is unit 401 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 401, West Five Business Bay Residence

Starts from the last sale price (AED 1.47M, 9 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,466,777
Deposit, UAE resident (20%)
AED 293,355
Deposit, non-resident (40%)
AED 586,711
Monthly over 25 years at 3.7%
AED 6,001

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