2-bed · 1,399 sqftWadi Tower, City of Arabia · 5th floor · completed 2020

506, Wadi Tower

Sold prices and rental history: sold once, by the developer in August 2009, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 19 August 2009
Last soldAED 938K19 August 2009
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, Wadi Tower

What is 506 worth today?

Last sold for AED 938,091 in 2009

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19 Aug 2009Sold by developerOff-plan
AED 938,091AED 670 per sqft

Source: Dubai Land Department. Updated 19 August 2009.

Key facts

Type
2-bed apartment
Size
1,399 sqft
Floor
5th of 30
Parking
G-34
Developer
Sky One Real Estate
Completed
2020
Service charge
AED 17,700 /yr
Last sold
AED 938K · August 2009
Building
Wadi Tower

About 506, Wadi Tower

506 is a two-bedroom apartment of 1,399 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 19 August 2009 for AED 938,091, or AED 670 per sqft, 25% below the AED 889 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 506 over time

Sales
Unit 506, each saleTypical two-bed in Wadi Tower
1M1.2M20092013201720212025Typical sale price by year: 2009 AED 1,256,520; 2024 AED 950,000Sold by developer, August 2009: AED 938,091 (AED 670 per sqft)

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

Rents
Unit 506, each contractTypical two-bed in Wadi Tower
40K60K80K202220242026Typical rent by year: 2022 AED 45,000; 2024 AED 72,500; 2025 AED 70,000; 2026 AED 76,500

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 506 sits

All 60 2-beds →

506 last sold in August 2009 at AED 670 per sqft, 25% below what two-beds in Wadi Tower were fetching at the time (AED 889). 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.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Jul 20261,100,000
16 May 20261,100,000
18 Mar 2025900,000
17 Sep 20241,349,136
2 2-bed sales in the last 12 months

Wadi Tower

Building

107 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%
Wadi Tower, City of Arabia: prices, sales and rents →

Other units on the 5th floor

All 107 units in Wadi Tower
Value
5022-bedAED 1.21M · Jul 2009
5052-bedAED 1.2M · Aug 2009
5071-bedAED 546K · Aug 2009

506, Wadi Tower in numbers

  • Sold once: by Sky One Real Estate on 19 August 2009 for AED 938,091, or AED 670 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 19 August 2009.

Questions about 506, Wadi Tower

What did unit 506 last sell for?

AED 938,091 on 19 August 2009, sold by the developer: AED 670 per sqft for 1,399 sqft. It is the only registered sale of the unit.

How big is unit 506?

1,399 sqft (130.0 sqm): a two-bedroom apartment on the 5th floor of a 30-storey tower completed in 2020.

What is unit 506 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 506, Wadi Tower

Starts from the last sale price (AED 938K, 19 August 2009). Switch to today's estimate once you have unlocked it.
Price
AED 938,091
Deposit, UAE resident (20%)
AED 187,618
Deposit, non-resident (40%)
AED 375,236
Monthly over 25 years at 3.7%
AED 3,838

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