Home
Dubai prices
About
Blog
Studio · 464 sqftTenora, Dubai South · 5th floor · completed 2015

516, Tenora

Sold prices and rental history: sold once, by the developer in April 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 516 · DLD and Ejari recordsUpdated 1 August 2023
Last soldAED 705K5 April 2017
Current rentAED 24K /yr1 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 516

Property timeline for 516, Tenora

What is 516 worth today?

Last sold for AED 704,976 in 2017

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Aug 2023RentedRenewal
AED 24,000/yr12 months · AED 52 per sqft
1 Aug 2022RentedRenewal
AED 24,000/yr12 months · AED 52 per sqft
1 Aug 2021RentedRenewal
AED 24,000/yr12 months · AED 52 per sqft
1 Aug 2020RentedRenewal
AED 20,000/yr12 months · AED 43 per sqft
1 Aug 2019RentedNew contract
AED 25,000/yr12 months · AED 54 per sqft
12 Aug 2018RentedNew contract
AED 30,000/yr12 months · AED 65 per sqft
5 Apr 2017Sold by developerReady
AED 704,976AED 1,519 per sqft

Source: Dubai Land Department. Updated 1 August 2023.

Key facts

Type
Studio hotel apartment
Size
464 sqft
Floor
5th of 9
Parking
B-63
Developer
DAMAC
Completed
2015
Last sold
AED 705K · April 2017
Building
Tenora

About 516, Tenora

516 is a studio of 464 sqft on the 5th floor of Tenora, a 9-storey tower in Dubai South completed in 2015 by DAMAC. The developer sold it on 5 April 2017 for AED 704,976, or AED 1,519 per sqft, 5% above the AED 1,442 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 1 August 2023, is AED 24,000 a year: a gross yield of 3.4% on the 2017 price.

Sales and rents for 516 over time

Sales
Unit 516, each saleTypical studio in Tenora
500K2013201720212025Typical sale price by year: 2013 AED 670,530; 2014 AED 680,400; 2015 AED 745,275; 2016 AED 670,280; 2017 AED 553,000; 2018 AED 450,000; 2019 AED 285,000; 2021 AED 185,000; 2022 AED 315,000; 2023 AED 320,000; 2024 AED 370,000; 2025 AED 450,000; 2026 AED 430,000Sold by developer, April 2017: AED 704,976 (AED 1,519 per sqft)

516 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 516, each contractTypical studio in Tenora
20K30K40K2017202020232026Typical rent by year: 2017 AED 38,000; 2018 AED 32,000; 2019 AED 28,000; 2020 AED 22,000; 2021 AED 22,000; 2022 AED 23,000; 2023 AED 28,000; 2024 AED 35,000; 2025 AED 39,000; 2026 AED 40,000New contract, August 2018: AED 30,000 a yearNew contract, August 2019: AED 25,000 a yearRenewal, August 2020: AED 20,000 a yearRenewal, August 2021: AED 24,000 a yearRenewal, August 2022: AED 24,000 a yearRenewal, August 2023: AED 24,000 a year

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

Studios in Tenora, and where 516 sits

All 109 studios →

516 last sold in April 2017 at AED 1,519 per sqft, 5% above what studios in Tenora were fetching at the time (AED 1,442). Over the last 12 months studios sold for AED 387,000 to 495,000, around AED 1,006 per sqft, and rent for AED 23,000 to 56,000 a year. 516's AED 24,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
4 Nov 2026495,000
3 Aug 2026387,000
14 Apr 2026485,000
10 Apr 2026430,000
7 studio sales in the last 12 months

Tenora

Building

251 apartments, studios to 3-bed over 9 floors in Dubai South, completed in 2015 by DAMAC. 20 sold in the last 12 months.

Typical price per sqft
AED 903 Up 11.2%
Typical sale
AED 715K
Typical rent
AED 49K /yr
Typical yield
7.9%
Tenora, Dubai South: prices, sales and rents →

Other units on the 5th floor

All 251 units in Tenora
Value
5012-bedAED 746K · Nov 2019
5021-bedAED 675K · Mar 2025
5031-bedAED 1.26M · Jan 2015
504StudioAED 690K · Jul 2016
505StudioAED 400K · Oct 2024
506StudioAED 285K · Jun 2023
5071-bedAED 695K · Nov 2023
1–7 of 29

516, Tenora in numbers

  • Sold once: by DAMAC on 5 April 2017 for AED 704,976, or AED 1,519 per sqft.
  • Rented since August 2018 on 6 Ejari contracts. The rent fell from AED 30,000 to AED 20,000 in 2020 and recovered to AED 24,000 by August 2023.
  • At AED 24,000 a year the gross yield on the 2017 price is 3.4%.
  • Studios in Tenora sold for AED 387,000–495,000 in the 12 months to November 2026; the building's median across all types is AED 903 per sqft.

Source: Dubai Land Department. Updated 1 August 2023.

Questions about 516, Tenora

What did unit 516 last sell for?

AED 704,976 on 5 April 2017, sold by the developer: AED 1,519 per sqft for 464 sqft. It is the only registered sale of the unit.

What is the rent for unit 516?

AED 24,000 a year on the contract renewed on 1 August 2023. The previous contract, from August 2022, was AED 24,000; the unit has been rented since August 2018.

How big is unit 516?

464 sqft (43.1 sqm): a studio on the 5th floor of a 9-storey tower completed in 2015.

What is unit 516 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Tenora sold for AED 387,000 to 495,000 in the last 12 months, around AED 1,006 per sqft.

Selling 516? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 516, Tenora

Starts from the last sale price (AED 705K, 5 April 2017). Switch to today's estimate once you have unlocked it.
Price
AED 704,976
Deposit, UAE resident (20%)
AED 140,995
Deposit, non-resident (40%)
AED 281,990
Monthly over 25 years at 3.7%
AED 2,884

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