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2-bed · 1,451 sqftCenturion Residences 2, Dubai Investment Park Second · 5th floor · completed 2017

B 501, Centurion Residences 2

Sold prices and rental history: sold once, by the developer in August 2016, and rented once, from July 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B 501 · DLD and Ejari recordsUpdated 10 July 2023
Last soldAED 1.06M24 August 2016
Current rentAED 65K /yr10 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B 501, Centurion Residences 2

What is B 501 worth today?

Last sold for AED 1,059,099 in 2016

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10 Jul 2023RentedNew contract
AED 65,000/yr12 months · AED 45 per sqft
24 Aug 2016Sold by developerOff-plan
AED 1,059,099AED 729 per sqft

Source: Dubai Land Department. Updated 10 July 2023.

Key facts

Type
2-bed apartment
Size
1,451 sqft
Floor
5th of 5
Parking
B 25
Developer
Royal Centurion Real Estate Development
Completed
2017
Service charge
AED 18,600 /yr
Last sold
AED 1.06M · August 2016
Building
Centurion Residences 2

About B 501, Centurion Residences 2

B 501 is a two-bedroom apartment of 1,451 sqft on the 5th floor of Centurion Residences 2, a 5-storey tower in Dubai Investment Park Second completed in 2017 by Royal Centurion Real Estate Development . The developer sold it on 24 August 2016 for AED 1,059,099, or AED 729 per sqft, in line with the AED 733 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 July 2023. The current contract, signed on 10 July 2023, is AED 65,000 a year: a gross yield of 6.1% on the 2016 price, before the service charge of about AED 18,600 a year.

Sales and rents for B 501 over time

Sales
Unit B 501, each saleTypical two-bed in Centurion Residences 2
800K1M2016201920222025Typical sale price by year: 2016 AED 1,094,916; 2017 AED 1,085,000; 2021 AED 720,000; 2023 AED 750,000; 2024 AED 840,000; 2025 AED 865,000; 2026 AED 996,002Sold by developer, August 2016: AED 1,059,099 (AED 729 per sqft)

B 501 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit B 501, each contractTypical two-bed in Centurion Residences 2
60K80K2017202020232026Typical rent by year: 2017 AED 86,500; 2018 AED 75,000; 2019 AED 64,000; 2020 AED 58,000; 2021 AED 55,000; 2022 AED 55,000; 2023 AED 60,000; 2024 AED 65,000; 2025 AED 81,600; 2026 AED 80,000New contract, July 2023: AED 65,000 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 Centurion Residences 2, and where B 501 sits

All 86 2-beds →

B 501 last sold in August 2016 at AED 729 per sqft, in line with what two-beds in Centurion Residences 2 were fetching at the time (AED 733). Over the last 12 months two-beds sold for AED 980,000 to 1,150,000, around AED 676 per sqft, and rent for AED 60,000 to 95,000 a year. B 501's AED 65,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
23 Sep 20261,010,000
27 Aug 2026992,003
26 Aug 20261,017,185
22 Jul 2026980,000
10 2-bed sales in the last 12 months

Centurion Residences 2

Building

112 apartments, 1-bed to 2-bed over 5 floors in Dubai Investment Park Second, completed in 2017 by Royal Centurion Real Estate Development . 11 sold in the last 12 months.

Typical price per sqft
AED 676 Up 17.0%
Typical sale
AED 992K
Typical rent
AED 70K /yr
Typical yield
8.1%
Centurion Residences 2, Dubai Investment Park Second: prices, sales and rents →

Other units on the 5th floor

All 112 units in Centurion Residences 2
Value
B 5022-bedAED 1M · Feb 2021
B 5031-bedAED 565K · Mar 2019
B 5041-bedAED 470K · Feb 2023
B 5052-bedAED 1.17M · Jan 2016
B 5062-bedAED 1.12M · Jan 2016
B 5072-bedAED 985K · Mar 2026
B 5082-bedAED 1.11M · Jul 2018
1–7 of 19

B 501, Centurion Residences 2 in numbers

  • Sold once: by Royal Centurion Real Estate Development on 24 August 2016 for AED 1,059,099, or AED 729 per sqft.
  • Rented since July 2023 on one Ejari contract, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2016 price is 6.1%, before a service charge of about AED 18,600 a year (AED 12.82 per sqft).
  • Two-beds in Centurion Residences 2 sold for AED 980,000–1,150,000 in the 12 months to November 2026; the building's median across all types is AED 676 per sqft.

Source: Dubai Land Department. Updated 10 July 2023.

Questions about B 501, Centurion Residences 2

What did unit B 501 last sell for?

AED 1,059,099 on 24 August 2016, sold by the developer: AED 729 per sqft for 1,451 sqft. It is the only registered sale of the unit.

What is the rent for unit B 501?

AED 65,000 a year on the contract signed on 10 July 2023.

How big is unit B 501?

1,451 sqft (134.8 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower completed in 2017.

What is unit B 501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Centurion Residences 2 sold for AED 980,000 to 1,150,000 in the last 12 months, around AED 676 per sqft.

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Mortgage on B 501, Centurion Residences 2

Starts from the last sale price (AED 1.06M, 24 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,059,099
Deposit, UAE resident (20%)
AED 211,820
Deposit, non-resident (40%)
AED 423,640
Monthly over 25 years at 3.7%
AED 4,333

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