502, Wadi Tower
Sold prices and rental history: sold once, by the developer in July 2009, and rented once, from November 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Wadi Tower
What is 502 worth today?
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Source: Dubai Land Department. Updated 25 November 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,443 sqft
- Floor
- 5th of 30
- Parking
- G-30
- Developer
- Sky One Real Estate
- Completed
- 2020
- Service charge
- AED 18,300 /yr
- Last sold
- AED 1.21M · July 2009
- Building
- Wadi Tower
About 502, Wadi Tower
502 is a two-bedroom apartment of 1,443 sqft on the 5th floor of Wadi Tower, a 30-storey tower in City of Arabia completed in 2020 by Sky One Real Estate. The developer sold it on 20 July 2009 for AED 1,213,600, or AED 840 per sqft, 8% below the AED 917 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 25 November 2024. The current contract, signed on 25 November 2024, is AED 75,000 a year: a gross yield of 6.2% on the 2009 price, before the service charge of about AED 18,300 a year.
Sales and rents for 502 over time
502 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Wadi Tower, and where 502 sits
All 60 2-beds →502 last sold in July 2009 at AED 840 per sqft, 8% below what two-beds in Wadi Tower were fetching at the time (AED 917). Over the last 12 months two-beds sold for AED 1,100,000, around AED 762 per sqft, and rent for AED 61,500 to 80,000 a year. 502's AED 75,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Jul 202621 July 2026 | 1,444 sqft | 1,100,000 | 761 | ||
| 16 May 202616 May 2026 | 1,443 sqft | 1,100,000 | 762 | ||
| 18 Mar 202518 March 2025 | 1,399 sqft | 900,000 | 643 | ||
| 17 Sep 202417 September 2024 | 1,399 sqft | 1,349,136 | 964 |
Wadi Tower
Building107 apartments, 1-bed to 3-bed over 30 floors in City of Arabia, completed in 2020 by Sky One Real Estate. 9 sold in the last 12 months.
- Typical price per sqft
- AED 722
- Typical sale
- AED 640K
- Typical rent
- AED 53K /yr
- Typical yield
- 8.0%
Other units on the 5th floor
All 107 units in Wadi Tower502, Wadi Tower in numbers
- Sold once: by Sky One Real Estate on 20 July 2009 for AED 1,213,600, or AED 840 per sqft.
- Rented since November 2024 on one Ejari contract, at AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2009 price is 6.2%, before a service charge of about AED 18,300 a year (AED 12.65 per sqft).
- Two-beds in Wadi Tower sold for AED 1,100,000–1,100,000 in the 12 months to November 2026; the building's median across all types is AED 722 per sqft.
Source: Dubai Land Department. Updated 25 November 2024.
Questions about 502, Wadi Tower
What did unit 502 last sell for?
AED 1,213,600 on 20 July 2009, sold by the developer: AED 840 per sqft for 1,443 sqft. It is the only registered sale of the unit.
What is the rent for unit 502?
AED 75,000 a year on the contract signed on 25 November 2024.
How big is unit 502?
1,443 sqft (134.1 sqm): a two-bedroom apartment on the 5th floor of a 30-storey tower completed in 2020.
What is unit 502 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Wadi Tower sold for AED 1,100,000 to 1,100,000 in the last 12 months, around AED 762 per sqft.
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Mortgage on 502, Wadi Tower
Starts from the last sale price (AED 1.21M, 20 July 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 1,213,600
- Deposit, UAE resident (20%)
- AED 242,720
- Deposit, non-resident (40%)
- AED 485,440
- Monthly over 25 years at 3.7%
- AED 4,965
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →