1-bed · 865 sqftWest Five Business Bay Residence, Business Bay · 5th floor · completed 2024

505, West Five Business Bay Residence

Sold prices and rental history: sold twice, last in August 2026, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 7 August 2026
Last soldAED 2M7 August 2026
Current rentAED 95K /yr28 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, West Five Business Bay Residence

What is 505 worth today?

Last sold for AED 2,000,000 in 2026

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7 Aug 2026SoldReady
AED 2,000,000AED 2,311 per sqft
28 Feb 2026RentedNew contract
AED 95,000/yr12 months · AED 110 per sqft
28 Feb 2025RentedNew contract
AED 95,000/yr12 months · AED 110 per sqft
29 Nov 2023Sold by developerOff-plan
AED 1,430,777AED 1,666 per sqft

Source: Dubai Land Department. Updated 7 August 2026.

Key facts

Type
1-bed apartment
Size
865 sqft
Floor
5th of 15
Parking
B2-045
Developer
Fortune 5 Property Development
Completed
2024
Last sold
AED 2M · August 2026

About 505, West Five Business Bay Residence

505 is a one-bedroom apartment of 865 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 . It last sold on 7 August 2026 for AED 2,000,000, or AED 2,311 per sqft, in line with the AED 2,299 one-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 28 February 2026, is AED 95,000 a year: a gross yield of 4.8% on the 2026 price.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical one-bed in West Five Business Bay Residence
1.5M2M202320252027Typical 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 1,430,777 (AED 1,666 per sqft)Sold, August 2026: AED 2,000,000 (AED 2,311 per sqft)

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

Rents
Unit 505, each contractTypical one-bed in West Five Business Bay Residence
100K120K202520262027Typical rent by year: 2025 AED 120,000; 2026 AED 93,500New contract, February 2025: AED 95,000 a yearNew contract, February 2026: AED 95,000 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 505 sits

All 111 1-beds →

505 last sold in August 2026 at AED 2,311 per sqft, in line with what one-beds in West Five Business Bay Residence were fetching at the time (AED 2,299). 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. 505's AED 95,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
26 Aug 20261,660,000
7 Aug 20262,000,000
15 Jul 20261,500,000
8 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
5011-bedAED 1.5M · Feb 2024
5021-bedAED 1.49M · Apr 2024
5031-bedAED 1.54M · Feb 2024
5042-bedAED 2.52M · Nov 2023
5061-bedAED 1.43M · Nov 2023
5072-bedAED 3.01M · Nov 2025
5081-bedAED 1.38M · Nov 2023
1–7 of 9

505, West Five Business Bay Residence in numbers

  • Sold twice: first on 29 November 2023 for AED 1,430,777, last on 7 August 2026 for AED 2,000,000 (AED 2,311 per sqft).
  • Rented since February 2025 on 2 Ejari contracts, at AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2026 price is 4.8%.
  • 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 7 August 2026.

Questions about 505, West Five Business Bay Residence

What did unit 505 last sell for?

AED 2,000,000 on 7 August 2026: AED 2,311 per sqft for 865 sqft. The unit has 2 registered sales; the first was AED 1,430,777 in November 2023.

What is the rent for unit 505?

AED 95,000 a year on the contract signed on 28 February 2026. The previous contract, from February 2025, was AED 95,000.

How big is unit 505?

865 sqft (80.4 sqm): a one-bedroom apartment on the 5th floor of a 15-storey tower completed in 2024.

What is unit 505 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 505, West Five Business Bay Residence

Starts from the last sale price (AED 2M, 7 August 2026). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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