2-bed · 1,080 sqftSol Amber (Iris Amber), Culture Village · 4th floor

507, Sol Amber (Iris Amber)

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

Unit 507 · DLD and Ejari recordsUpdated 2 September 2024
Last soldAED 1.41M2 September 2024
Current rentAED 75K /yr25 August 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Sol Amber (Iris Amber)

What is 507 worth today?

Last sold for AED 1,408,888 in 2024

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2 Sep 2024Sold by developerReady
AED 1,408,888AED 1,304 per sqft
25 Aug 2019RentedNew contract
AED 75,000/yr12 months · AED 69 per sqft
25 Jul 2018RentedNew contract
AED 80,000/yr13 months · AED 74 per sqft

Source: Dubai Land Department. Updated 2 September 2024.

Key facts

Type
2-bed apartment
Size
1,080 sqft
Floor
4th of 8
Parking
B1-20
Last sold
AED 1.41M · September 2024

About 507, Sol Amber (Iris Amber)

507 is a two-bedroom apartment of 1,080 sqft on the 4th floor of Sol Amber (Iris Amber), a 8-storey tower in Culture Village. The developer sold it on 2 September 2024 for AED 1,408,888, or AED 1,304 per sqft, in line with the AED 1,288 two-beds in the building were fetching at the time.

It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 25 August 2019, is AED 75,000 a year: a gross yield of 5.3% on the 2024 price.

Sales and rents for 507 over time

Rents
Unit 507, each contractTypical two-bed in Sol Amber (Iris Amber)
75K100K125K2018202120242027Typical rent by year: 2018 AED 85,000; 2019 AED 77,500; 2020 AED 68,500; 2021 AED 62,500; 2022 AED 66,750; 2023 AED 71,842; 2024 AED 112,500; 2025 AED 117,000; 2026 AED 115,000New contract, July 2018: AED 80,000 a yearNew contract, August 2019: AED 75,000 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 Sol Amber (Iris Amber), and where 507 sits

All 22 2-beds →

507 last sold in September 2024 at AED 1,304 per sqft, in line with what two-beds in Sol Amber (Iris Amber) were fetching at the time (AED 1,288). Over the last 12 months two-beds sold for AED 2,050,000, around AED 1,738 per sqft, and rent for AED 102,000 to 168,000 a year. 507's AED 75,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
15 May 20262,050,000
4 Nov 20241,725,777
9 Oct 20241,518,888
22 Aug 20241,538,888
1 2-bed sale 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
5051-bedAED 853K · Mar 2024
5061-bedAED 939K · Aug 2024
5082-bedAED 1.48M · Jul 2024
1–7 of 10

507, Sol Amber (Iris Amber) in numbers

  • Sold once: by the developer on 2 September 2024 for AED 1,408,888, or AED 1,304 per sqft.
  • Rented since July 2018 on 2 Ejari contracts, from AED 80,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2024 price is 5.3%.
  • Two-beds in Sol Amber (Iris Amber) sold for AED 2,050,000–2,050,000 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 2 September 2024.

Questions about 507, Sol Amber (Iris Amber)

What did unit 507 last sell for?

AED 1,408,888 on 2 September 2024, sold by the developer: AED 1,304 per sqft for 1,080 sqft. It is the only registered sale of the unit.

What is the rent for unit 507?

AED 75,000 a year on the contract signed on 25 August 2019. The previous contract, from July 2018, was AED 80,000.

How big is unit 507?

1,080 sqft (100.3 sqm): a two-bedroom apartment on the 4th floor of a 8-storey tower.

What is unit 507 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Sol Amber (Iris Amber) sold for AED 2,050,000 to 2,050,000 in the last 12 months, around AED 1,738 per sqft.

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Mortgage on 507, Sol Amber (Iris Amber)

Starts from the last sale price (AED 1.41M, 2 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,408,888
Deposit, UAE resident (20%)
AED 281,778
Deposit, non-resident (40%)
AED 563,555
Monthly over 25 years at 3.7%
AED 5,764

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