501, West Five Business Bay Residence
Sold prices and rental history: sold once, by the developer in February 2024, and rented once, from August 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, West Five Business Bay Residence
What is 501 worth today?
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Source: Dubai Land Department. Updated 31 August 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 695 sqft
- Floor
- 5th of 15
- Parking
- 1
- Developer
- Fortune 5 Property Development
- Completed
- 2024
- Last sold
- AED 1.5M · February 2024
- Building
- West Five Business Bay Residence
About 501, West Five Business Bay Residence
501 is a one-bedroom apartment of 695 sqft on the 5th 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 14 February 2024 for AED 1,499,777, or AED 2,157 per sqft, in line with the AED 2,133 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 31 August 2026. The current contract, signed on 31 August 2026, is AED 85,000 a year: a gross yield of 5.7% on the 2024 price.
Sales and rents for 501 over time
501 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 501 sits
All 111 1-beds →501 last sold in February 2024 at AED 2,157 per sqft, in line with what one-beds in West Five Business Bay Residence were fetching at the time (AED 2,133). 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. 501's AED 85,000 is in the lower 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 5th floor
All 135 units in West Five Business Bay Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 1-bed | 705 sqft | AED 1.49MAED 1,491,777 · Apr 2024April 2024 | 115,000 /yr | |
| 503 | 1-bed | 762 sqft | AED 1.54MAED 1,539,777 · Feb 2024February 2024 | 115,000 /yr | |
| 504 | 2-bed | 1,152 sqft | AED 2.52MAED 2,515,777 · Nov 2023November 2023 | ||
| 505 | 1-bed | 865 sqft | AED 2MAED 2,000,000 · Aug 2026August 2026 | 95,000 /yr | |
| 506 | 1-bed | 858 sqft | AED 1.43MAED 1,430,777 · Nov 2023November 2023 | ||
| 507 | 2-bed | 1,287 sqft | AED 3.01MAED 3,007,498 · Nov 2025November 2025 | ||
| 508 | 1-bed | 701 sqft | AED 1.38MAED 1,384,777 · Nov 2023November 2023 | 92,000 /yr | |
| 509 | 1-bed | 634 sqft | AED 1.35MAED 1,349,777 · Mar 2024March 2024 | 75,000 /yr | |
| 510 | 1-bed | 721 sqft | AED 1.53MAED 1,534,777 · Nov 2023November 2023 |
501, West Five Business Bay Residence in numbers
- Sold once: by Fortune 5 Property Development on 14 February 2024 for AED 1,499,777, or AED 2,157 per sqft.
- Rented since August 2026 on one Ejari contract, at AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2024 price is 5.7%.
- 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 31 August 2026.
Questions about 501, West Five Business Bay Residence
What did unit 501 last sell for?
AED 1,499,777 on 14 February 2024, sold by the developer: AED 2,157 per sqft for 695 sqft. It is the only registered sale of the unit.
What is the rent for unit 501?
AED 85,000 a year on the contract signed on 31 August 2026.
How big is unit 501?
695 sqft (64.6 sqm): a one-bedroom apartment on the 5th floor of a 15-storey tower completed in 2024.
What is unit 501 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 501, West Five Business Bay Residence
Starts from the last sale price (AED 1.5M, 14 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,499,777
- Deposit, UAE resident (20%)
- AED 299,955
- Deposit, non-resident (40%)
- AED 599,911
- Monthly over 25 years at 3.7%
- AED 6,136
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →