2-bed · 1,185 sqftDesign Quarter - Tower A, Dubai Design District · 5th floor · completed 2027

505, Design Quarter - Tower A

Sold prices and rental history: sold once, by the developer in June 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 7 June 2023
Last soldAED 2.84M7 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Design Quarter - Tower A

What is 505 worth today?

Last sold for AED 2,840,000 in 2023

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7 Jun 2023Sold by developerOff-plan
AED 2,840,000AED 2,396 per sqft

Source: Dubai Land Department. Updated 7 June 2023.

Key facts

Type
2-bed apartment
Size
1,185 sqft
Floor
5th of 32
Parking
1
Developer
DHRE 2 Bts
Completed
2027
Last sold
AED 2.84M · June 2023

About 505, Design Quarter - Tower A

505 is a two-bedroom apartment of 1,185 sqft on the 5th floor of Design Quarter - Tower A, a 32-storey tower in Dubai Design District completed in 2027 by DHRE 2 Bts . The developer sold it on 7 June 2023 for AED 2,840,000, or AED 2,396 per sqft, 4% below the AED 2,507 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical two-bed in Design Quarter - Tower A
2.75M3M3.25M20232024202520262027Typical sale price by year: 2023 AED 3,015,000; 2024 AED 2,795,000; 2025 AED 3,267,500; 2026 AED 3,090,000Sold by developer, June 2023: AED 2,840,000 (AED 2,396 per sqft)

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

2-beds in Design Quarter - Tower A, and where 505 sits

All 80 2-beds →

505 last sold in June 2023 at AED 2,396 per sqft, 4% below what two-beds in Design Quarter - Tower A were fetching at the time (AED 2,507). Over the last 12 months two-beds sold for AED 2,700,000 to 3,310,000, around AED 2,620 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
24 Sep 20262,700,000
29 Jul 20263,180,150
27 Jan 20263,090,000
11 Dec 20253,310,000
4 2-bed sales in the last 12 months

Design Quarter - Tower A

Building

197 apartments, 1-bed to 3-bed over 32 floors in Dubai Design District, completed in 2027 by DHRE 2 Bts . 9 sold in the last 12 months.

Typical price per sqft
AED 2,543
Typical sale
AED 2.15M
Typical rent
Few contracts
Typical yield
Design Quarter - Tower A, Dubai Design District: prices, sales and rents →

Other units on the 5th floor

All 197 units in Design Quarter - Tower A
Value
5012-bedAED 2.83M · Jun 2023
5021-bedAED 1.8M · Jun 2023
5031-bedAED 1.8M · Jun 2023
5042-bedAED 2.84M · Jun 2023
5061-bedAED 1.8M · Sep 2023
5071-bedAED 1.8M · Jun 2023
5082-bedAED 2.83M · Jun 2023

505, Design Quarter - Tower A in numbers

  • Sold once: by DHRE 2 Bts on 7 June 2023 for AED 2,840,000, or AED 2,396 per sqft.
  • Two-beds in Design Quarter - Tower A sold for AED 2,700,000–3,310,000 in the 12 months to November 2026; the building's median across all types is AED 2,543 per sqft.

Source: Dubai Land Department. Updated 7 June 2023.

Questions about 505, Design Quarter - Tower A

What did unit 505 last sell for?

AED 2,840,000 on 7 June 2023, sold by the developer: AED 2,396 per sqft for 1,185 sqft. It is the only registered sale of the unit.

How big is unit 505?

1,185 sqft (110.1 sqm): a two-bedroom apartment on the 5th floor of a 32-storey tower completed in 2027.

What is unit 505 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Design Quarter - Tower A sold for AED 2,700,000 to 3,310,000 in the last 12 months, around AED 2,620 per sqft.

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Mortgage on 505, Design Quarter - Tower A

Starts from the last sale price (AED 2.84M, 7 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,840,000
Deposit, UAE resident (20%)
AED 568,000
Deposit, non-resident (40%)
AED 1,136,000
Monthly over 25 years at 3.7%
AED 11,619

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