1-bed · 663 sqftDania 2, Dubai Production City (IMPZ) · 5th floor · completed 2020

509, Dania 2

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

Unit 509 · DLD and Ejari recordsUpdated 10 June 2022
Last soldAED 717K4 April 2021
Current rentAED 37K /yr10 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, Dania 2

What is 509 worth today?

Last sold for AED 717,101 in 2021

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10 Jun 2022RentedRenewal
AED 37,400/yr12 months · AED 56 per sqft
10 Jun 2021RentedNew contract
AED 34,000/yr12 months · AED 51 per sqft
4 Apr 2021Sold by developerReady
AED 717,101AED 1,082 per sqft

Source: Dubai Land Department. Updated 10 June 2022.

Key facts

Type
1-bed apartment
Size
663 sqft
Floor
5th of 16
Parking
BZ3B09
Developer
Deyaar
Completed
2020
Service charge
AED 11,000 /yr
Last sold
AED 717K · April 2021
Building
Dania 2

About 509, Dania 2

509 is a one-bedroom apartment of 663 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 4 April 2021 for AED 717,101, or AED 1,082 per sqft, in line with the AED 1,085 one-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 10 June 2022, is AED 37,400 a year: a gross yield of 5.2% on the 2021 price, before the service charge of about AED 11,000 a year.

Sales and rents for 509 over time

Sales
Unit 509, 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, April 2021: AED 717,101 (AED 1,082 per sqft)

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

Rents
Unit 509, 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, June 2021: AED 34,000 a yearRenewal, June 2022: AED 37,400 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 509 sits

All 94 1-beds →

509 last sold in April 2021 at AED 1,082 per sqft, in line with what one-beds in Dania 2 were fetching at the time (AED 1,085). 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. 509's AED 37,400 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

509, Dania 2 in numbers

  • Sold once: by Deyaar on 4 April 2021 for AED 717,101, or AED 1,082 per sqft.
  • Rented since June 2021 on 2 Ejari contracts, from AED 34,000 to AED 37,400 a year.
  • At AED 37,400 a year the gross yield on the 2021 price is 5.2%, before a service charge of about AED 11,000 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 10 June 2022.

Questions about 509, Dania 2

What did unit 509 last sell for?

AED 717,101 on 4 April 2021, sold by the developer: AED 1,082 per sqft for 663 sqft. It is the only registered sale of the unit.

What is the rent for unit 509?

AED 37,400 a year on the contract renewed on 10 June 2022. The previous contract, from June 2021, was AED 34,000.

How big is unit 509?

663 sqft (61.6 sqm): a one-bedroom apartment on the 5th floor of a 16-storey tower completed in 2020.

What is unit 509 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 509, Dania 2

Starts from the last sale price (AED 717K, 4 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 717,101
Deposit, UAE resident (20%)
AED 143,420
Deposit, non-resident (40%)
AED 286,840
Monthly over 25 years at 3.7%
AED 2,934

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