1-bed · 621 sqftDania 2, Dubai Production City (IMPZ) · 5th floor · completed 2020

508, Dania 2

Sold prices and rental history: sold once, by the developer in November 2018, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 1 October 2023
Last soldAED 680K15 November 2018
Current rentAED 35K /yr1 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Dania 2

What is 508 worth today?

Last sold for AED 679,559 in 2018

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1 Oct 2023RentedRenewal
AED 35,000/yr12 months · AED 56 per sqft
1 Oct 2022RentedRenewal
AED 35,000/yr12 months · AED 56 per sqft
1 Oct 2021RentedRenewal
AED 30,000/yr12 months · AED 48 per sqft
1 Oct 2020RentedNew contract
AED 30,000/yr12 months · AED 48 per sqft
15 Nov 2018Sold by developerOff-plan
AED 679,559AED 1,093 per sqft

Source: Dubai Land Department. Updated 1 October 2023.

Key facts

Type
1-bed apartment
Size
621 sqft
Floor
5th of 16
Parking
BZ3B29
Developer
Deyaar
Completed
2020
Service charge
AED 10,300 /yr
Last sold
AED 680K · November 2018
Building
Dania 2

About 508, Dania 2

508 is a one-bedroom apartment of 621 sqft on the 5th floor of Dania 2, a 16-storey tower in Dubai Production City (IMPZ) completed in 2020 by Deyaar. The developer sold it on 15 November 2018 for AED 679,559, or AED 1,093 per sqft, in line with the AED 1,080 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 1 October 2023, is AED 35,000 a year: a gross yield of 5.1% on the 2018 price, before the service charge of about AED 10,300 a year.

Sales and rents for 508 over time

Sales
Unit 508, each saleTypical one-bed in Dania 2
700K800K2016201920222025Typical sale price by year: 2016 AED 696,175; 2017 AED 722,759; 2018 AED 689,206; 2019 AED 701,190; 2021 AED 701,137; 2022 AED 811,414; 2023 AED 767,000; 2024 AED 730,000; 2025 AED 775,000; 2026 AED 835,000Sold by developer, November 2018: AED 679,559 (AED 1,093 per sqft)

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

Rents
Unit 508, each contractTypical one-bed in Dania 2
40K60K2020202220242026Typical rent by year: 2020 AED 31,500; 2021 AED 32,000; 2022 AED 36,000; 2023 AED 45,000; 2024 AED 57,750; 2025 AED 64,000; 2026 AED 62,000New contract, October 2020: AED 30,000 a yearRenewal, October 2021: AED 30,000 a yearRenewal, October 2022: AED 35,000 a yearRenewal, October 2023: AED 35,000 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 Dania 2, and where 508 sits

All 94 1-beds →

508 last sold in November 2018 at AED 1,093 per sqft, in line with what one-beds in Dania 2 were fetching at the time (AED 1,080). Over the last 12 months one-beds sold for AED 750,000 to 1,040,000, around AED 1,203 per sqft, and rent for AED 41,700 to 94,500 a year. 508's AED 35,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
30 Jul 202634,291
17 Jul 2026750,000
22 Apr 2026835,000
16 Apr 20261,040,000
7 1-bed sales in the last 12 months

Dania 2

Building

175 apartments, studios to 2-bed over 16 floors in Dubai Production City (IMPZ), completed in 2020 by Deyaar. 16 sold in the last 12 months.

Typical price per sqft
AED 1,259 Up 4.3%
Typical sale
AED 750K
Typical rent
AED 55K /yr
Typical yield
7.6%
Dania 2, Dubai Production City (IMPZ): prices, sales and rents →

Other units on the 5th floor

All 175 units in Dania 2
Value
5011-bedAED 666K · Aug 2020
5021-bedAED 717K · Jun 2016
5031-bedAED 692K · Aug 2016
5041-bedAED 675K · Jul 2024
5051-bedAED 652K · May 2021
5061-bedAED 800K · May 2025
5071-bedAED 650K · Feb 2022
1–7 of 9

508, Dania 2 in numbers

  • Sold once: by Deyaar on 15 November 2018 for AED 679,559, or AED 1,093 per sqft.
  • Rented since October 2020 on 4 Ejari contracts, from AED 30,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2018 price is 5.1%, before a service charge of about AED 10,300 a year (AED 16.58 per sqft).
  • One-beds in Dania 2 sold for AED 750,000–1,040,000 in the 12 months to November 2026; the building's median across all types is AED 1,259 per sqft.

Source: Dubai Land Department. Updated 1 October 2023.

Questions about 508, Dania 2

What did unit 508 last sell for?

AED 679,559 on 15 November 2018, sold by the developer: AED 1,093 per sqft for 621 sqft. It is the only registered sale of the unit.

What is the rent for unit 508?

AED 35,000 a year on the contract renewed on 1 October 2023. The previous contract, from October 2022, was AED 35,000; the unit has been rented since October 2020.

How big is unit 508?

621 sqft (57.7 sqm): a one-bedroom apartment on the 5th floor of a 16-storey tower completed in 2020.

What is unit 508 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Dania 2 sold for AED 750,000 to 1,040,000 in the last 12 months, around AED 1,203 per sqft.

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Mortgage on 508, Dania 2

Starts from the last sale price (AED 680K, 15 November 2018). Switch to today's estimate once you have unlocked it.
Price
AED 679,559
Deposit, UAE resident (20%)
AED 135,912
Deposit, non-resident (40%)
AED 271,824
Monthly over 25 years at 3.7%
AED 2,780

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