Studio · 402 sqftDunya Tower, Downtown Dubai · 5th floor · completed 2020

502, Dunya Tower

Sold prices and rental history: sold once, by the developer in March 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 810K9 March 2023
Current rentAED 95K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Dunya Tower

What is 502 worth today?

Last sold for AED 810,000 in 2023

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1 Sep 2024RentedNew contract
AED 95,085/yr36 months · AED 239 per sqft
9 Mar 2023Sold by developerReady
AED 810,000AED 2,016 per sqft
1 Jul 2022RentedRenewal
AED 36,000/yr12 months · AED 90 per sqft
1 Jul 2021RentedNew contract
AED 36,000/yr12 months · AED 88 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
Studio apartment
Size
402 sqft
Floor
5th of 17
Parking
P1-42
Developer
Dunya Investment
Completed
2020
Last sold
AED 810K · March 2023
Building
Dunya Tower

About 502, Dunya Tower

502 is a studio of 402 sqft on the 5th floor of Dunya Tower, a 17-storey tower in Downtown Dubai completed in 2020 by Dunya Investment. The developer sold it on 9 March 2023 for AED 810,000, or AED 2,016 per sqft, in line with the AED 2,016 studios in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 1 September 2024, is AED 95,085 a year: a gross yield of 11.7% on the 2023 price.

Sales and rents for 502 over time

Rents
Unit 502, each contractTypical studio in Dunya Tower
50K100K2021202320252027Typical rent by year: 2021 AED 38,000; 2022 AED 39,000; 2023 AED 52,800; 2024 AED 80,000; 2025 AED 80,216; 2026 AED 75,000New contract, July 2021: AED 36,000 a yearRenewal, July 2022: AED 36,000 a yearNew contract, September 2024: AED 95,085 a year

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

Studios in Dunya Tower, and where 502 sits

All 17 studios →

502 last sold in March 2023 at AED 2,016 per sqft, in line with what studios in Dunya Tower were fetching at the time (AED 2,016). Over the last 12 months studios sold for AED 1,090,000, around AED 2,714 per sqft, and rent for AED 70,000 to 99,732 a year. 502's AED 95,085 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
10 Sep 20261,090,000
7 Oct 20241,200,000
17 Nov 2023950,000
11 Oct 2023737,000
1 studio sale in the last 12 months

Dunya Tower

Building

169 apartments, studios to 3-bed over 17 floors in Downtown Dubai, completed in 2020 by Dunya Investment. 12 sold in the last 12 months.

Typical price per sqft
AED 1,974 Up 0.5%
Typical sale
AED 1.72M
Typical rent
AED 90K /yr
Typical yield
5.9%
Dunya Tower, Downtown Dubai: prices, sales and rents →

Other units on the 5th floor

All 169 units in Dunya Tower
Value
5011-bedAED 1.79M · Mar 2025
5031-bedAED 1.85M · May 2025
5043-bedAED 2.63M · Dec 2024
5051-bedAED 1.38M · Apr 2023
5061-bedAED 1.38M · Sep 2023
5072-bedAED 2.37M · Jul 2024
5081-bedAED 1.38M · Dec 2023
1–7 of 9

502, Dunya Tower in numbers

  • Sold once: by Dunya Investment on 9 March 2023 for AED 810,000, or AED 2,016 per sqft.
  • Rented since July 2021 on 3 Ejari contracts, from AED 36,000 to AED 95,085 a year.
  • At AED 95,085 a year the gross yield on the 2023 price is 11.7%.
  • Studios in Dunya Tower sold for AED 1,090,000–1,090,000 in the 12 months to November 2026; the building's median across all types is AED 1,974 per sqft.

Source: Dubai Land Department. Updated 1 September 2024.

Questions about 502, Dunya Tower

What did unit 502 last sell for?

AED 810,000 on 9 March 2023, sold by the developer: AED 2,016 per sqft for 402 sqft. It is the only registered sale of the unit.

What is the rent for unit 502?

AED 95,085 a year on the contract signed on 1 September 2024. The previous contract, from July 2022, was AED 36,000; the unit has been rented since July 2021.

How big is unit 502?

402 sqft (37.3 sqm): a studio on the 5th floor of a 17-storey tower completed in 2020.

What is unit 502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Dunya Tower sold for AED 1,090,000 to 1,090,000 in the last 12 months, around AED 2,714 per sqft.

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Mortgage on 502, Dunya Tower

Starts from the last sale price (AED 810K, 9 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 810,000
Deposit, UAE resident (20%)
AED 162,000
Deposit, non-resident (40%)
AED 324,000
Monthly over 25 years at 3.7%
AED 3,314

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