1-bed · 762 sqftWest Five Business Bay Residence, Business Bay · 6th floor · completed 2024

603, West Five Business Bay Residence

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

Unit 603 · DLD and Ejari recordsUpdated 26 January 2027
Last soldAED 1.75M13 May 2024
Current rentAED 115K /yr26 January 2027
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603, West Five Business Bay Residence

What is 603 worth today?

Last sold for AED 1,753,777 in 2024

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26 Jan 2027RentedRenewal
AED 115,000/yr14 months · AED 150 per sqft
26 Jan 2026RentedNew contract
AED 140,000/yr12 months · AED 183 per sqft
13 May 2024Sold by developerOff-plan
AED 1,753,777AED 2,300 per sqft

Source: Dubai Land Department. Updated 26 January 2027.

Key facts

Type
1-bed apartment
Size
762 sqft
Floor
6th of 15
Parking
1
Developer
Fortune 5 Property Development
Completed
2024
Last sold
AED 1.75M · May 2024

About 603, West Five Business Bay Residence

603 is a one-bedroom apartment of 762 sqft on the 6th 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 13 May 2024 for AED 1,753,777, or AED 2,300 per sqft, 8% above the AED 2,139 one-beds in the building were fetching at the time.

It has been rented since 2026 on 2 Ejari contracts. The current contract, renewed on 26 January 2027, is AED 115,000 a year: a gross yield of 6.6% on the 2024 price.

Sales and rents for 603 over time

Sales
Unit 603, each saleTypical one-bed in West Five Business Bay Residence
1.6M1.7M20232024202520262027Typical 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, May 2024: AED 1,753,777 (AED 2,300 per sqft)

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

Rents
Unit 603, each contractTypical one-bed in West Five Business Bay Residence
100K125K202520262027Typical rent by year: 2025 AED 120,000; 2026 AED 93,500New contract, January 2026: AED 140,000 a yearRenewal, January 2027: AED 115,000 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 603 sits

All 111 1-beds →

603 last sold in May 2024 at AED 2,300 per sqft, 8% above what one-beds in West Five Business Bay Residence were fetching at the time (AED 2,139). 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. 603's AED 115,000 is in the upper 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
6011-bedAED 1.53M · Nov 2023
6021-bedAED 1.5M · Nov 2023
6042-bedAED 2.52M · Jan 2026
6051-bedAED 1.72M · Nov 2023
6061-bedAED 2M · Aug 2026
6072-bedAED 2.88M · Nov 2023
6081-bedAED 1.4M · Jun 2026
1–7 of 9

603, West Five Business Bay Residence in numbers

  • Sold once: by Fortune 5 Property Development on 13 May 2024 for AED 1,753,777, or AED 2,300 per sqft.
  • Rented since January 2026 on 2 Ejari contracts, from AED 140,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2024 price is 6.6%.
  • 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 26 January 2027.

Questions about 603, West Five Business Bay Residence

What did unit 603 last sell for?

AED 1,753,777 on 13 May 2024, sold by the developer: AED 2,300 per sqft for 762 sqft. It is the only registered sale of the unit.

What is the rent for unit 603?

AED 115,000 a year on the contract renewed on 26 January 2027. The previous contract, from January 2026, was AED 140,000.

How big is unit 603?

762 sqft (70.8 sqm): a one-bedroom apartment on the 6th floor of a 15-storey tower completed in 2024.

What is unit 603 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 603, West Five Business Bay Residence

Starts from the last sale price (AED 1.75M, 13 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,753,777
Deposit, UAE resident (20%)
AED 350,755
Deposit, non-resident (40%)
AED 701,511
Monthly over 25 years at 3.7%
AED 7,175

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