1-bed · 826 sqftKensington Waters B, District One · 5th floor · completed 2024

B 505, Kensington Waters B

Sold prices and rental history: sold once, by the developer in February 2024, and rented once, from September 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B 505 · DLD and Ejari recordsUpdated 30 September 2025
Last soldAED 1.11M26 February 2024
Current rentAED 120K /yr30 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B 505, Kensington Waters B

What is B 505 worth today?

Last sold for AED 1,111,828 in 2024

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30 Sep 2025RentedNew contract
AED 120,000/yr12 months · AED 145 per sqft
26 Feb 2024Sold by developerOff-plan
AED 1,111,828AED 1,346 per sqft

Source: Dubai Land Department. Updated 30 September 2025.

Key facts

Type
1-bed apartment
Size
826 sqft
Floor
5th of 12
Parking
1
Developer
Ellington Properties Development
Completed
2024
Last sold
AED 1.11M · February 2024

About B 505, Kensington Waters B

B 505 is a one-bedroom apartment of 826 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 26 February 2024 for AED 1,111,828, or AED 1,346 per sqft, 12% below the AED 1,538 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 30 September 2025. The current contract, signed on 30 September 2025, is AED 120,000 a year: a gross yield of 10.8% on the 2024 price.

Sales and rents for B 505 over time

Sales
Unit B 505, each saleTypical one-bed in Kensington Waters B
1M1.5M2M202220242026Typical sale price by year: 2022 AED 1,304,828; 2023 AED 1,300,000; 2024 AED 1,845,328; 2025 AED 1,830,000; 2026 AED 1,890,000Sold by developer, February 2024: AED 1,111,828 (AED 1,346 per sqft)

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

Rents
Unit B 505, each contractTypical one-bed in Kensington Waters B
115K118K120K202520262027Typical rent by year: 2025 AED 115,000; 2026 AED 117,000New contract, September 2025: AED 120,000 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 Kensington Waters B, and where B 505 sits

All 57 1-beds →

B 505 last sold in February 2024 at AED 1,346 per sqft, 12% below what one-beds in Kensington Waters B were fetching at the time (AED 1,538). Over the last 12 months one-beds sold for AED 1,000,414 to 2,283,828, around AED 2,407 per sqft, and rent for AED 85,000 to 140,000 a year. B 505's AED 120,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Oct 20262,283,828
12 Oct 20261,750,000
8 Sep 20261,890,000
25 Aug 20261,750,000
10 1-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 5032-bedAED 1.77M · Sep 2022
B 5041-bedAED 1.45M · Dec 2025
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 505, Kensington Waters B in numbers

  • Sold once: by Ellington Properties Development on 26 February 2024 for AED 1,111,828, or AED 1,346 per sqft.
  • Rented since September 2025 on one Ejari contract, at AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2024 price is 10.8%.
  • One-beds in Kensington Waters B sold for AED 1,000,414–2,283,828 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 30 September 2025.

Questions about B 505, Kensington Waters B

What did unit B 505 last sell for?

AED 1,111,828 on 26 February 2024, sold by the developer: AED 1,346 per sqft for 826 sqft. It is the only registered sale of the unit.

What is the rent for unit B 505?

AED 120,000 a year on the contract signed on 30 September 2025.

How big is unit B 505?

826 sqft (76.7 sqm): a one-bedroom apartment on the 5th floor of a 12-storey tower completed in 2024.

What is unit B 505 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Kensington Waters B sold for AED 1,000,414 to 2,283,828 in the last 12 months, around AED 2,407 per sqft.

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Mortgage on B 505, Kensington Waters B

Starts from the last sale price (AED 1.11M, 26 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,111,828
Deposit, UAE resident (20%)
AED 222,366
Deposit, non-resident (40%)
AED 444,731
Monthly over 25 years at 3.7%
AED 4,549

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