1-bed · 758 sqftWest Five Business Bay Residence, Business Bay · 4th floor · completed 2024

402, 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.

Unit 402 · DLD and Ejari recordsUpdated 29 November 2023
Last soldAED 1.53M29 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, West Five Business Bay Residence

What is 402 worth today?

Last sold for AED 1,532,777 in 2023

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29 Nov 2023Sold by developerOff-plan
AED 1,532,777AED 2,021 per sqft

Source: Dubai Land Department. Updated 29 November 2023.

Key facts

Type
1-bed apartment
Size
758 sqft
Floor
4th of 15
Parking
1
Developer
Fortune 5 Property Development
Completed
2024
Last sold
AED 1.53M · November 2023

About 402, West Five Business Bay Residence

402 is a one-bedroom apartment of 758 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 29 November 2023 for AED 1,532,777, or AED 2,021 per sqft, 4% below the AED 2,108 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical one-bed in West Five Business Bay Residence
1.5M1.6M1.7M20232024202520262027Typical 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 1,532,777 (AED 2,021 per sqft)

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

Rents
Unit 402, each contractTypical one-bed in West Five Business Bay Residence
100K120K202520262027Typical rent by year: 2025 AED 120,000; 2026 AED 92,000

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 402 sits

All 111 1-beds →

402 last sold in November 2023 at AED 2,021 per sqft, 4% below what one-beds in West Five Business Bay Residence were fetching at the time (AED 2,108). 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 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
4011-bedAED 1.47M · 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

402, West Five Business Bay Residence in numbers

  • Sold once: by Fortune 5 Property Development on 29 November 2023 for AED 1,532,777, or AED 2,021 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 29 November 2023.

Questions about 402, West Five Business Bay Residence

What did unit 402 last sell for?

AED 1,532,777 on 29 November 2023, sold by the developer: AED 2,021 per sqft for 758 sqft. It is the only registered sale of the unit.

How big is unit 402?

758 sqft (70.4 sqm): a one-bedroom apartment on the 4th floor of a 15-storey tower completed in 2024.

What is unit 402 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 402, West Five Business Bay Residence

Starts from the last sale price (AED 1.53M, 29 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,532,777
Deposit, UAE resident (20%)
AED 306,555
Deposit, non-resident (40%)
AED 613,111
Monthly over 25 years at 3.7%
AED 6,271

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