2-bed · 1,181 sqftKensington Waters B, District One · 5th floor · completed 2024

B 503, Kensington Waters B

Sold prices and rental history: sold once, by the developer in September 2022, and rented once, from August 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B 503 · DLD and Ejari recordsUpdated 22 August 2026
Last soldAED 1.77M16 September 2022
Current rentAED 170K /yr22 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B 503, Kensington Waters B

What is B 503 worth today?

Last sold for AED 1,766,828 in 2022

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22 Aug 2026RentedRenewal
AED 170,000/yr12 months · AED 144 per sqft
16 Sep 2022Sold by developerOff-plan
AED 1,766,828AED 1,495 per sqft

Source: Dubai Land Department. Updated 22 August 2026.

Key facts

Type
2-bed apartment
Size
1,181 sqft
Floor
5th of 12
Parking
1
Developer
Ellington Properties Development
Completed
2024
Last sold
AED 1.77M · September 2022

About B 503, Kensington Waters B

B 503 is a two-bedroom apartment of 1,181 sqft on the 5th floor of Kensington Waters B, a 12-storey tower in District One completed in 2024 by Ellington Properties Development . The developer sold it on 16 September 2022 for AED 1,766,828, or AED 1,495 per sqft, in line with the AED 1,525 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 22 August 2026. The current contract, renewed on 22 August 2026, is AED 170,000 a year: a gross yield of 9.6% on the 2022 price.

Sales and rents for B 503 over time

Sales
Unit B 503, each saleTypical two-bed in Kensington Waters B
2M2.5M202220242026Typical sale price by year: 2022 AED 1,892,828; 2024 AED 2,560,828; 2025 AED 2,552,414; 2026 AED 2,650,000Sold by developer, September 2022: AED 1,766,828 (AED 1,495 per sqft)

B 503 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit B 503, each contractTypical two-bed in Kensington Waters B
165K168K170K202520262027Typical rent by year: 2025 AED 165,000; 2026 AED 165,000Renewal, August 2026: AED 170,000 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 Kensington Waters B, and where B 503 sits

All 44 2-beds →

B 503 last sold in September 2022 at AED 1,495 per sqft, in line with what two-beds in Kensington Waters B were fetching at the time (AED 1,525). Over the last 12 months two-beds sold for AED 2,550,000 to 3,450,000, around AED 2,119 per sqft, and rent for AED 145,000 to 185,000 a year. B 503's AED 170,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Sep 20262,550,000
1 Sep 20262,700,000
12 Jun 20263,450,000
12 Jan 20262,600,000
4 2-bed sales in the last 12 months

Kensington Waters B

Building

124 apartments, 1-bed to 3-bed over 12 floors in District One, completed in 2024 by Ellington Properties Development . 17 sold in the last 12 months.

Typical price per sqft
AED 2,364 Up 9.2%
Typical sale
AED 2.15M
Typical rent
AED 135K /yr
Typical yield
5.7%
Kensington Waters B, District One: prices, sales and rents →

Other units on the 5th floor

All 124 units in Kensington Waters B
Value
B 5012-bedAED 1.86M · Oct 2022
B 5023-bedAED 3.95M · Nov 2025
B 5041-bedAED 1.45M · Dec 2025
B 5051-bedAED 1.11M · Feb 2024
B 5061-bedAED 1.07M · Jan 2025
B 5071-bedAED 1.25M · Oct 2022
B 5082-bedAED 2.55M · Aug 2025
1–7 of 9

B 503, Kensington Waters B in numbers

  • Sold once: by Ellington Properties Development on 16 September 2022 for AED 1,766,828, or AED 1,495 per sqft.
  • Rented since August 2026 on one Ejari contract, at AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2022 price is 9.6%.
  • Two-beds in Kensington Waters B sold for AED 2,550,000–3,450,000 in the 12 months to November 2026; the building's median across all types is AED 2,364 per sqft.

Source: Dubai Land Department. Updated 22 August 2026.

Questions about B 503, Kensington Waters B

What did unit B 503 last sell for?

AED 1,766,828 on 16 September 2022, sold by the developer: AED 1,495 per sqft for 1,181 sqft. It is the only registered sale of the unit.

What is the rent for unit B 503?

AED 170,000 a year on the contract renewed on 22 August 2026.

How big is unit B 503?

1,181 sqft (109.7 sqm): a two-bedroom apartment on the 5th floor of a 12-storey tower completed in 2024.

What is unit B 503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Kensington Waters B sold for AED 2,550,000 to 3,450,000 in the last 12 months, around AED 2,119 per sqft.

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Mortgage on B 503, Kensington Waters B

Starts from the last sale price (AED 1.77M, 16 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,766,828
Deposit, UAE resident (20%)
AED 353,366
Deposit, non-resident (40%)
AED 706,731
Monthly over 25 years at 3.7%
AED 7,229

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