2-bed · 1,152 sqftWest Five Business Bay Residence, Business Bay · 7th floor · completed 2024

704, West Five Business Bay Residence

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

Unit 704 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 2.35M25 June 2026
Current rentAED 150K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, West Five Business Bay Residence

What is 704 worth today?

Last sold for AED 2,350,000 in 2026

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1 Aug 2026RentedNew contract
AED 150,000/yr12 months · AED 130 per sqft
25 Jun 2026SoldReady
AED 2,350,000AED 2,040 per sqft
29 Nov 2023Sold by developerOff-plan
AED 2,626,777AED 2,280 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
2-bed apartment
Size
1,152 sqft
Floor
7th of 15
Parking
P1-018
Developer
Fortune 5 Property Development
Completed
2024
Last sold
AED 2.35M · June 2026

About 704, West Five Business Bay Residence

704 is a two-bedroom apartment of 1,152 sqft on the 7th 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 25 June 2026 for AED 2,350,000, or AED 2,040 per sqft, in line with the AED 2,084 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 August 2026. The current contract, signed on 1 August 2026, is AED 150,000 a year: a gross yield of 6.4% on the 2026 price.

Sales and rents for 704 over time

Sales
Unit 704, each saleTypical two-bed in West Five Business Bay Residence
2.5M2.75M20232024202520262027Typical sale price by year: 2023 AED 2,708,777; 2024 AED 2,890,777; 2025 AED 2,791,777; 2026 AED 2,500,000Sold by developer, November 2023: AED 2,626,777 (AED 2,280 per sqft)Sold, June 2026: AED 2,350,000 (AED 2,040 per sqft)

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

2-beds in West Five Business Bay Residence, and where 704 sits

All 24 2-beds →

704 last sold in June 2026 at AED 2,040 per sqft, in line with what two-beds in West Five Business Bay Residence were fetching at the time (AED 2,084). Over the last 12 months two-beds sold for AED 2,350,000 to 3,007,498, around AED 2,062 per sqft, and rent for AED 139,625 to 190,000 a year. 704's AED 150,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
24 Feb 20262,500,000
28 Jan 20262,518,777
20 Nov 20252,400,777
17 Nov 20252,478,201
6 2-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
7011-bedAED 1.7M · Nov 2025
7021-bedAED 1.72M · Nov 2023
7031-bedAED 1.61M · Nov 2023
7051-bedAED 1.51M · Nov 2023
7061-bedAED 1.51M · Nov 2023
7072-bedAED 2.79M · Aug 2025
7081-bedAED 1.55M · May 2024
1–7 of 9

704, West Five Business Bay Residence in numbers

  • Sold twice: first on 29 November 2023 for AED 2,626,777, last on 25 June 2026 for AED 2,350,000 (AED 2,040 per sqft).
  • Rented since August 2026 on one Ejari contract, at AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2026 price is 6.4%.
  • Two-beds in West Five Business Bay Residence sold for AED 2,350,000–3,007,498 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 1 August 2026.

Questions about 704, West Five Business Bay Residence

What did unit 704 last sell for?

AED 2,350,000 on 25 June 2026: AED 2,040 per sqft for 1,152 sqft. The unit has 2 registered sales; the first was AED 2,626,777 in November 2023.

What is the rent for unit 704?

AED 150,000 a year on the contract signed on 1 August 2026.

How big is unit 704?

1,152 sqft (107.0 sqm): a two-bedroom apartment on the 7th floor of a 15-storey tower completed in 2024.

What is unit 704 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in West Five Business Bay Residence sold for AED 2,350,000 to 3,007,498 in the last 12 months, around AED 2,062 per sqft.

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Mortgage on 704, West Five Business Bay Residence

Starts from the last sale price (AED 2.35M, 25 June 2026). Switch to today's estimate once you have unlocked it.
Price
AED 2,350,000
Deposit, UAE resident (20%)
AED 470,000
Deposit, non-resident (40%)
AED 940,000
Monthly over 25 years at 3.7%
AED 9,615

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