1-bed · 421 sqftNavitas Residences A, Damac Hills 2 · 5th floor · completed 2023

515, Navitas Residences A

Sold prices and rental history: sold once, by the developer in November 2019, and rented once, from July 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 515 · DLD and Ejari recordsUpdated 15 July 2024
Last soldAED 412K18 November 2019
Current rentAED 35K /yr15 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 515, Navitas Residences A

What is 515 worth today?

Last sold for AED 412,000 in 2019

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15 Jul 2024RentedNew contract
AED 35,000/yr12 months · AED 83 per sqft
18 Nov 2019Sold by developerOff-plan
AED 412,000AED 977 per sqft

Source: Dubai Land Department. Updated 15 July 2024.

Key facts

Type
1-bed apartment
Size
421 sqft
Floor
5th of 10
Parking
1
Developer
FRONT LINE INVESTMENT MANAGEMENT
Completed
2023
Last sold
AED 412K · November 2019

About 515, Navitas Residences A

515 is a one-bedroom apartment of 421 sqft on the 5th floor of Navitas Residences A, a 10-storey tower in Damac Hills 2 completed in 2023 by FRONT LINE INVESTMENT MANAGEMENT. The developer sold it on 18 November 2019 for AED 412,000, or AED 977 per sqft, in line with the AED 1,000 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 July 2024. The current contract, signed on 15 July 2024, is AED 35,000 a year: a gross yield of 8.5% on the 2019 price.

Sales and rents for 515 over time

Sales
Unit 515, each saleTypical one-bed in Navitas Residences A
400K500K2018202120242027Typical sale price by year: 2018 AED 409,000; 2019 AED 415,000; 2020 AED 414,000; 2021 AED 385,000; 2022 AED 428,000; 2023 AED 415,500; 2024 AED 423,500; 2025 AED 480,000; 2026 AED 557,366Sold by developer, November 2019: AED 412,000 (AED 977 per sqft)

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

Rents
Unit 515, each contractTypical one-bed in Navitas Residences A
35K40K20232024202520262027Typical rent by year: 2023 AED 36,000; 2024 AED 40,000; 2025 AED 43,000; 2026 AED 43,000New contract, July 2024: AED 35,000 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 Navitas Residences A, and where 515 sits

All 188 1-beds →

515 last sold in November 2019 at AED 977 per sqft, in line with what one-beds in Navitas Residences A were fetching at the time (AED 1,000). Over the last 12 months one-beds sold for AED 450,000 to 766,505, around AED 1,269 per sqft, and rent for AED 24,975 to 60,000 a year. 515's AED 35,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Oct 2026569,731
5 Oct 2026540,000
23 Sep 2026610,000
9 Jul 2026510,000
19 1-bed sales in the last 12 months

Navitas Residences A

Building

217 apartments, studios to 2-bed over 10 floors in Damac Hills 2, completed in 2023 by FRONT LINE INVESTMENT MANAGEMENT. 20 sold in the last 12 months.

Typical price per sqft
AED 1,264 Up 12.1%
Typical sale
AED 538K
Typical rent
AED 43K /yr
Typical yield
7.9%
Navitas Residences A, Damac Hills 2: prices, sales and rents →

Other units on the 5th floor

All 217 units in Navitas Residences A
Value
5011-bedAED 415K · Nov 2019
5021-bedAED 380K · Mar 2024
5031-bedAED 535K · Nov 2025
5041-bedAED 510K · Jul 2026
5051-bedAED 413K · Jun 2025
5061-bedAED 476K · Mar 2021
5071-bedAED 529K · Oct 2019
1–7 of 21

515, Navitas Residences A in numbers

  • Sold once: by FRONT LINE INVESTMENT MANAGEMENT on 18 November 2019 for AED 412,000, or AED 977 per sqft.
  • Rented since July 2024 on one Ejari contract, at AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2019 price is 8.5%.
  • One-beds in Navitas Residences A sold for AED 450,000–766,505 in the 12 months to November 2026; the building's median across all types is AED 1,264 per sqft.

Source: Dubai Land Department. Updated 15 July 2024.

Questions about 515, Navitas Residences A

What did unit 515 last sell for?

AED 412,000 on 18 November 2019, sold by the developer: AED 977 per sqft for 421 sqft. It is the only registered sale of the unit.

What is the rent for unit 515?

AED 35,000 a year on the contract signed on 15 July 2024.

How big is unit 515?

421 sqft (39.1 sqm): a one-bedroom apartment on the 5th floor of a 10-storey tower completed in 2023.

What is unit 515 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Navitas Residences A sold for AED 450,000 to 766,505 in the last 12 months, around AED 1,269 per sqft.

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Mortgage on 515, Navitas Residences A

Starts from the last sale price (AED 412K, 18 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 412,000
Deposit, UAE resident (20%)
AED 82,400
Deposit, non-resident (40%)
AED 164,800
Monthly over 25 years at 3.7%
AED 1,686

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