406, 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 406, West Five Business Bay Residence
What is 406 worth today?
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Source: Dubai Land Department. Updated 6 November 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 858 sqft
- Floor
- 4th of 15
- Parking
- 1
- Developer
- Fortune 5 Property Development
- Completed
- 2024
- Last sold
- AED 1.4M · November 2023
- Building
- West Five Business Bay Residence
About 406, West Five Business Bay Residence
406 is a one-bedroom apartment of 858 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 6 November 2023 for AED 1,403,777, or AED 1,635 per sqft, 14% below 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 406 over time
406 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 406 sits
All 111 1-beds →406 last sold in November 2023 at AED 1,635 per sqft, 14% below 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 4th floor
All 135 units in West Five Business Bay Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 695 sqft | AED 1.47MAED 1,466,777 · Nov 2023November 2023 | 108,000 /yr | |
| 402 | 1-bed | 758 sqft | AED 1.53MAED 1,532,777 · Nov 2023November 2023 | ||
| 403 | 1-bed | 762 sqft | AED 1.49MAED 1,490,777 · Nov 2023November 2023 | ||
| 404 | 2-bed | 1,105 sqft | AED 2.41MAED 2,409,777 · Nov 2023November 2023 | ||
| 405 | 1-bed | 858 sqft | AED 1.49MAED 1,490,777 · Nov 2023November 2023 | 96,000 /yr | |
| 407 | 2-bed | 1,245 sqft | AED 2.76MAED 2,755,777 · Nov 2023November 2023 | ||
| 408 | 1-bed | 701 sqft | AED 1.45MAED 1,453,777 · Nov 2023November 2023 | ||
| 409 | 1-bed | 684 sqft | AED 1.59MAED 1,590,777 · Sep 2025September 2025 | 145,000 /yr | |
| 410 | 1-bed | 721 sqft | AED 1.51MAED 1,511,777 · Nov 2023November 2023 |
406, West Five Business Bay Residence in numbers
- Sold once: by Fortune 5 Property Development on 6 November 2023 for AED 1,403,777, or AED 1,635 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 406, West Five Business Bay Residence
What did unit 406 last sell for?
AED 1,403,777 on 6 November 2023, sold by the developer: AED 1,635 per sqft for 858 sqft. It is the only registered sale of the unit.
How big is unit 406?
858 sqft (79.7 sqm): a one-bedroom apartment on the 4th floor of a 15-storey tower completed in 2024.
What is unit 406 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 406, West Five Business Bay Residence
Starts from the last sale price (AED 1.4M, 6 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,403,777
- Deposit, UAE resident (20%)
- AED 280,755
- Deposit, non-resident (40%)
- AED 561,511
- Monthly over 25 years at 3.7%
- AED 5,743
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →