1-bed · 634 sqftWest Five Business Bay Residence, Business Bay · 5th floor · completed 2024

509, West Five Business Bay Residence

Sold prices and rental history: sold once, by the developer in March 2024, and rented once, from June 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 18 June 2026
Last soldAED 1.35M18 March 2024
Current rentAED 75K /yr18 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, West Five Business Bay Residence

What is 509 worth today?

Last sold for AED 1,349,777 in 2024

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18 Jun 2026RentedNew contract
AED 75,000/yr12 months · AED 118 per sqft
18 Mar 2024Sold by developerOff-plan
AED 1,349,777AED 2,128 per sqft

Source: Dubai Land Department. Updated 18 June 2026.

Key facts

Type
1-bed apartment
Size
634 sqft
Floor
5th of 15
Parking
1
Developer
Fortune 5 Property Development
Completed
2024
Last sold
AED 1.35M · March 2024

About 509, West Five Business Bay Residence

509 is a one-bedroom apartment of 634 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 18 March 2024 for AED 1,349,777, or AED 2,128 per sqft, in line with the AED 2,136 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 18 June 2026. The current contract, signed on 18 June 2026, is AED 75,000 a year: a gross yield of 5.6% on the 2024 price.

Sales and rents for 509 over time

Sales
Unit 509, each saleTypical one-bed in West Five Business Bay Residence
1.4M1.6M1.8M20232024202520262027Typical 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, March 2024: AED 1,349,777 (AED 2,128 per sqft)

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

Rents
Unit 509, each contractTypical one-bed in West Five Business Bay Residence
75K100K125K202520262027Typical rent by year: 2025 AED 120,000; 2026 AED 93,500New contract, June 2026: AED 75,000 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 509 sits

All 111 1-beds →

509 last sold in March 2024 at AED 2,128 per sqft, in line with what one-beds in West Five Business Bay Residence were fetching at the time (AED 2,136). 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. 509's AED 75,000 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
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
5011-bedAED 1.5M · Feb 2024
5021-bedAED 1.49M · Apr 2024
5031-bedAED 1.54M · Feb 2024
5042-bedAED 2.52M · Nov 2023
5051-bedAED 2M · Aug 2026
5061-bedAED 1.43M · Nov 2023
5072-bedAED 3.01M · Nov 2025
1–7 of 9

509, West Five Business Bay Residence in numbers

  • Sold once: by Fortune 5 Property Development on 18 March 2024 for AED 1,349,777, or AED 2,128 per sqft.
  • Rented since June 2026 on one Ejari contract, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2024 price is 5.6%.
  • 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 18 June 2026.

Questions about 509, West Five Business Bay Residence

What did unit 509 last sell for?

AED 1,349,777 on 18 March 2024, sold by the developer: AED 2,128 per sqft for 634 sqft. It is the only registered sale of the unit.

What is the rent for unit 509?

AED 75,000 a year on the contract signed on 18 June 2026.

How big is unit 509?

634 sqft (58.9 sqm): a one-bedroom apartment on the 5th floor of a 15-storey tower completed in 2024.

What is unit 509 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 509, West Five Business Bay Residence

Starts from the last sale price (AED 1.35M, 18 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,349,777
Deposit, UAE resident (20%)
AED 269,955
Deposit, non-resident (40%)
AED 539,911
Monthly over 25 years at 3.7%
AED 5,522

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