1-bed · 677 sqftSol Amber (Iris Amber), Culture Village · 4th floor

505, Sol Amber (Iris Amber)

Sold prices and rental history: sold once, by the developer in March 2024, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 21 March 2024
Last soldAED 853K21 March 2024
Current rentAED 70K /yr26 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Sol Amber (Iris Amber)

What is 505 worth today?

Last sold for AED 852,946 in 2024

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21 Mar 2024Sold by developerReady
AED 852,946AED 1,259 per sqft
26 Jul 2021RentedNew contract
AED 69,804/yr12 months · AED 103 per sqft
10 Jan 2020RentedNew contract
AED 55,000/yr12 months · AED 81 per sqft
1 Jul 2018RentedNew contract
AED 60,000/yr13 months · AED 89 per sqft

Source: Dubai Land Department. Updated 21 March 2024.

Key facts

Type
1-bed apartment
Size
677 sqft
Floor
4th of 8
Parking
B3-16
Last sold
AED 853K · March 2024

About 505, Sol Amber (Iris Amber)

505 is a one-bedroom apartment of 677 sqft on the 4th floor of Sol Amber (Iris Amber), a 8-storey tower in Culture Village. The developer sold it on 21 March 2024 for AED 852,946, or AED 1,259 per sqft, in line with the AED 1,290 one-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 26 July 2021, is AED 69,804 a year: a gross yield of 8.2% on the 2024 price.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical one-bed in Sol Amber (Iris Amber)
800K1M1.2M2024202520262027Typical sale price by year: 2024 AED 938,888; 2025 AED 1,150,000; 2026 AED 1,025,000Sold by developer, March 2024: AED 852,946 (AED 1,259 per sqft)

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

Rents
Unit 505, each contractTypical one-bed in Sol Amber (Iris Amber)
60K80K2018202120242027Typical rent by year: 2018 AED 63,000; 2019 AED 60,000; 2020 AED 50,000; 2021 AED 47,000; 2022 AED 48,000; 2023 AED 52,000; 2024 AED 70,000; 2025 AED 75,000; 2026 AED 73,377New contract, July 2018: AED 60,000 a yearNew contract, January 2020: AED 55,000 a yearNew contract, July 2021: AED 69,804 a year

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

1-beds in Sol Amber (Iris Amber), and where 505 sits

All 69 1-beds →

505 last sold in March 2024 at AED 1,259 per sqft, in line with what one-beds in Sol Amber (Iris Amber) were fetching at the time (AED 1,290). Over the last 12 months one-beds sold for AED 1,000,000 to 1,150,000, around AED 1,510 per sqft, and rent for AED 50,000 to 103,000 a year. 505's AED 69,804 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
18 Aug 20261,150,000
29 Apr 20261,020,000
4 Mar 20261,000,000
17 Feb 20261,030,000
5 1-bed sales in the last 12 months

Sol Amber (Iris Amber)

Building

95 apartments, studios to 2-bed over 8 floors in Culture Village. 6 sold in the last 12 months.

Typical price per sqft
AED 1,570
Typical sale
AED 1.08M
Typical rent
AED 76K /yr
Typical yield
6.2%
Sol Amber (Iris Amber), Culture Village: prices, sales and rents →

Other units on the 4th floor

All 95 units in Sol Amber (Iris Amber)
Value
5012-bedAED 1.54M · Aug 2024
5021-bedAED 800K · Sep 2025
5031-bedNo registered sale
5041-bedAED 1.07M · May 2024
5061-bedAED 939K · Aug 2024
5072-bedAED 1.41M · Sep 2024
5082-bedAED 1.48M · Jul 2024
1–7 of 10

505, Sol Amber (Iris Amber) in numbers

  • Sold once: by the developer on 21 March 2024 for AED 852,946, or AED 1,259 per sqft.
  • Rented since July 2018 on 3 Ejari contracts, from AED 60,000 to AED 69,804 a year.
  • At AED 69,804 a year the gross yield on the 2024 price is 8.2%.
  • One-beds in Sol Amber (Iris Amber) sold for AED 1,000,000–1,150,000 in the 12 months to November 2026; the building's median across all types is AED 1,570 per sqft.

Source: Dubai Land Department. Updated 21 March 2024.

Questions about 505, Sol Amber (Iris Amber)

What did unit 505 last sell for?

AED 852,946 on 21 March 2024, sold by the developer: AED 1,259 per sqft for 677 sqft. It is the only registered sale of the unit.

What is the rent for unit 505?

AED 69,804 a year on the contract signed on 26 July 2021. The previous contract, from January 2020, was AED 55,000; the unit has been rented since July 2018.

How big is unit 505?

677 sqft (62.9 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower.

What is unit 505 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Sol Amber (Iris Amber) sold for AED 1,000,000 to 1,150,000 in the last 12 months, around AED 1,510 per sqft.

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Mortgage on 505, Sol Amber (Iris Amber)

Starts from the last sale price (AED 853K, 21 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 852,946
Deposit, UAE resident (20%)
AED 170,589
Deposit, non-resident (40%)
AED 341,178
Monthly over 25 years at 3.7%
AED 3,490

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