708, West Five Business Bay Residence
Sold prices and rental history: sold once, by the developer in May 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 708, West Five Business Bay Residence
What is 708 worth today?
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Source: Dubai Land Department. Updated 13 May 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 701 sqft
- Floor
- 7th of 15
- Parking
- 1
- Developer
- Fortune 5 Property Development
- Completed
- 2024
- Last sold
- AED 1.55M · May 2024
- Building
- West Five Business Bay Residence
About 708, West Five Business Bay Residence
708 is a one-bedroom apartment of 701 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 . The developer sold it on 13 May 2024 for AED 1,545,777, or AED 2,204 per sqft, 3% above the AED 2,139 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 708 over time
708 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 708 sits
All 111 1-beds →708 last sold in May 2024 at AED 2,204 per sqft, 3% 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.
| 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 7th floor
All 135 units in West Five Business Bay Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 694 sqft | AED 1.7MAED 1,700,000 · Nov 2025November 2025 | 115,000 /yr | |
| 702 | 1-bed | 705 sqft | AED 1.72MAED 1,717,777 · Nov 2023November 2023 | 92,000 /yr | |
| 703 | 1-bed | 766 sqft | AED 1.61MAED 1,607,777 · Nov 2023November 2023 | ||
| 704 | 2-bed | 1,152 sqft | AED 2.35MAED 2,350,000 · Jun 2026June 2026 | 150,000 /yr | |
| 705 | 1-bed | 858 sqft | AED 1.51MAED 1,505,777 · Nov 2023November 2023 | ||
| 706 | 1-bed | 858 sqft | AED 1.51MAED 1,505,777 · Nov 2023November 2023 | ||
| 707 | 2-bed | 1,288 sqft | AED 2.79MAED 2,791,777 · Aug 2025August 2025 | ||
| 709 | 1-bed | 638 sqft | AED 1.66MAED 1,657,777 · Nov 2023November 2023 | ||
| 710 | 1-bed | 721 sqft | AED 1.6MAED 1,600,777 · Nov 2023November 2023 |
708, West Five Business Bay Residence in numbers
- Sold once: by Fortune 5 Property Development on 13 May 2024 for AED 1,545,777, or AED 2,204 per sqft.
- 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 13 May 2024.
Questions about 708, West Five Business Bay Residence
What did unit 708 last sell for?
AED 1,545,777 on 13 May 2024, sold by the developer: AED 2,204 per sqft for 701 sqft. It is the only registered sale of the unit.
How big is unit 708?
701 sqft (65.1 sqm): a one-bedroom apartment on the 7th floor of a 15-storey tower completed in 2024.
What is unit 708 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 708, West Five Business Bay Residence
Starts from the last sale price (AED 1.55M, 13 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,545,777
- Deposit, UAE resident (20%)
- AED 309,155
- Deposit, non-resident (40%)
- AED 618,311
- Monthly over 25 years at 3.7%
- AED 6,324
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →