2-bed · 1,409 sqftD1 Tower, Culture Village · 5th floor · completed 2015

508, D1 Tower

Sold prices and rental history: sold twice, last in October 2015, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 20 March 2021
Last soldAED 1.25M21 October 2015
Current rentAED 100K /yr20 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, D1 Tower

What is 508 worth today?

Last sold for AED 1,250,000 in 2015

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20 Mar 2021RentedNew contract
AED 100,000/yr12 months · AED 71 per sqft
29 Jan 2020RentedNew contract
AED 100,000/yr12 months · AED 71 per sqft
25 Oct 2018RentedNew contract
AED 128,000/yr12 months · AED 91 per sqft
21 Oct 2015SoldReady
AED 1,250,000AED 887 per sqft
24 Feb 2013Sold by developerOff-plan
AED 2,046,800AED 1,453 per sqft

Source: Dubai Land Department. Updated 20 March 2021.

Key facts

Type
2-bed apartment
Size
1,409 sqft
Floor
5th of 76
Parking
B3-287
Developer
Emirates D1
Completed
2015
Service charge
AED 29,600 /yr
Last sold
AED 1.25M · October 2015
Building
D1 Tower

About 508, D1 Tower

508 is a two-bedroom apartment of 1,409 sqft on the 5th floor of D1 Tower, a 76-storey tower in Culture Village completed in 2015 by Emirates D1. It last sold on 21 October 2015 for AED 1,250,000, or AED 887 per sqft, 53% below the AED 1,892 two-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 20 March 2021, is AED 100,000 a year: a gross yield of 8.0% on the 2015 price, before the service charge of about AED 29,600 a year.

Sales and rents for 508 over time

Sales
Unit 508, each saleTypical two-bed in D1 Tower
1M2M3M2009201420192024Typical sale price by year: 2009 AED 2,719,800; 2011 AED 1,459,220; 2012 AED 2,220,000; 2013 AED 2,300,000; 2014 AED 2,740,954; 2015 AED 2,515,000; 2016 AED 2,250,000; 2017 AED 2,200,000; 2018 AED 2,095,036; 2019 AED 1,650,000; 2020 AED 1,700,000; 2021 AED 1,625,000; 2022 AED 1,960,000; 2023 AED 2,075,000; 2024 AED 2,400,000; 2025 AED 2,555,000; 2026 AED 2,500,000Sold by developer, February 2013: AED 2,046,800 (AED 1,453 per sqft)Sold, October 2015: AED 1,250,000 (AED 887 per sqft)

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

Rents
Unit 508, each contractTypical two-bed in D1 Tower
100K125K150K20152018202120242027Typical rent by year: 2015 AED 140,000; 2016 AED 140,000; 2017 AED 141,000; 2018 AED 135,000; 2019 AED 120,000; 2020 AED 95,000; 2021 AED 99,866; 2022 AED 105,875; 2023 AED 122,500; 2024 AED 145,000; 2025 AED 150,000; 2026 AED 143,557New contract, October 2018: AED 128,000 a yearNew contract, January 2020: AED 100,000 a yearNew contract, March 2021: AED 100,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in D1 Tower, and where 508 sits

All 102 2-beds →

508 last sold in October 2015 at AED 887 per sqft, 53% below what two-beds in D1 Tower were fetching at the time (AED 1,892). Over the last 12 months two-beds sold for AED 1,100,000 to 3,960,000, around AED 1,774 per sqft, and rent for AED 90,000 to 200,000 a year. 508's AED 100,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
20 Apr 20262,500,000
24 Mar 20262,500,000
4 Mar 20263,000,000
4 Mar 20263,000,000
7 2-bed sales in the last 12 months

D1 Tower

Building

515 apartments, studios to 8-bed over 76 floors in Culture Village, completed in 2015 by Emirates D1. 28 sold in the last 12 months.

Typical price per sqft
AED 1,776 Up 4.4%
Typical sale
AED 2.5M
Typical rent
AED 130K /yr
Typical yield
5.9%
D1 Tower, Culture Village: prices, sales and rents →

Other units on the 5th floor

All 515 units in D1 Tower
Value
5013-bedAED 3M · Feb 2025
5021-bedAED 1.55M · Nov 2024
503StudioAED 688K · Apr 2009
5061-bedAED 1.95M · May 2015
5073-bedAED 4.22M · Mar 2009
509StudioAED 699K · Aug 2012
5101-bedAED 2.14M · Mar 2009
1–7 of 9

508, D1 Tower in numbers

  • Sold twice: first on 24 February 2013 for AED 2,046,800, last on 21 October 2015 for AED 1,250,000 (AED 887 per sqft).
  • Rented since October 2018 on 3 Ejari contracts, from AED 128,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2015 price is 8.0%, before a service charge of about AED 29,600 a year (AED 21.00 per sqft).
  • Two-beds in D1 Tower sold for AED 1,100,000–3,960,000 in the 12 months to November 2026; the building's median across all types is AED 1,776 per sqft.

Source: Dubai Land Department. Updated 20 March 2021.

Questions about 508, D1 Tower

What did unit 508 last sell for?

AED 1,250,000 on 21 October 2015: AED 887 per sqft for 1,409 sqft. The unit has 2 registered sales; the first was AED 2,046,800 in February 2013.

What is the rent for unit 508?

AED 100,000 a year on the contract signed on 20 March 2021. The previous contract, from January 2020, was AED 100,000; the unit has been rented since October 2018.

How big is unit 508?

1,409 sqft (130.9 sqm): a two-bedroom apartment on the 5th floor of a 76-storey tower completed in 2015.

What is unit 508 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in D1 Tower sold for AED 1,100,000 to 3,960,000 in the last 12 months, around AED 1,774 per sqft.

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Mortgage on 508, D1 Tower

Starts from the last sale price (AED 1.25M, 21 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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