111, The Place
Sold prices and rental history: sold once, by the developer in September 2024, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 111, The Place
What is 111 worth today?
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Source: Dubai Land Department. Updated 25 August 2026.
Key facts
- Type
- Studio apartment
- Size
- 718 sqft
- Floor
- 1st of 19
- Parking
- 1
- Developer
- Prestige The Place Real Estate Development
- Completed
- 2028
- Last sold
- AED 480K · September 2024
- Building
- The Place
About 111, The Place
111 is a studio of 718 sqft on the 1st floor of The Place, a 19-storey tower in Dubai Sports City completed in 2028 by Prestige The Place Real Estate Development . The developer sold it on 6 September 2024 for AED 480,000, or AED 668 per sqft, 32% below the AED 980 studios in the building were fetching at the time.
It has been rented continuously since 2023 on 6 Ejari contracts. The current contract, signed on 25 August 2026, is AED 55,000 a year: a gross yield of 11.5% on the 2024 price.
Sales and rents for 111 over time
111 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in The Place, and where 111 sits
All 59 studios →111 last sold in September 2024 at AED 668 per sqft, 32% below what studios in The Place were fetching at the time (AED 980). Over the last 12 months studios sold for AED 490,000 to 530,000, around AED 1,138 per sqft, and rent for AED 39,000 to 82,026 a year. 111's AED 55,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Jul 202613 July 2026 | 435 sqft | 495,000 | 1,138 | ||
| 27 Jan 202627 January 2026 | 435 sqft | 530,000 | 1,219 | ||
| 26 Dec 202526 December 2025 | 501 sqft | 490,000 | 977 | ||
| 13 Aug 202513 August 2025 | 609 sqft | 825,000 | 1,354 |
The Place
Building159 apartments, studios to 3-bed over 19 floors in Dubai Sports City, completed in 2028 by Prestige The Place Real Estate Development . 34 sold in the last 12 months.
- Typical price per sqft
- AED 1,258 Up 8.8%
- Typical sale
- AED 1.75M
- Typical rent
- AED 56K /yr
- Typical yield
- 6.2%
Other units on the 1st floor
All 159 units in The Place| ValueToday's value | |||||
|---|---|---|---|---|---|
| 103 | Studio | 655 sqft | AED 813KAED 813,000 · Dec 2024December 2024 | 42,600 /yr | |
| 104 | Studio | 508 sqft | AED 480KAED 480,000 · Oct 2024October 2024 | 44,000 /yr | |
| 106 | Studio | 708 sqft | AED 879KAED 879,000 · Feb 2025February 2025 | 82,026 /yr | |
| 108 | Studio | 715 sqft | AED 480KAED 480,000 · Nov 2024November 2024 | 6,642 /yr | |
| 109 | Studio | 552 sqft | AED 541KAED 540,840 · Oct 2024October 2024 | 56,160 /yr | |
| 114 | Studio | 557 sqft | AED 657KAED 657,400 · Sep 2024September 2024 | 51,360 /yr | |
| 116 | Studio | 549 sqft | AED 695KAED 695,300 · Oct 2024October 2024 | 80,000 /yr | |
| 117 | Studio | 695 sqft | AED 695KAED 695,300 · Dec 2024December 2024 | 42,000 /yr |
111, The Place in numbers
- Sold once: by Prestige The Place Real Estate Development on 6 September 2024 for AED 480,000, or AED 668 per sqft.
- Rented since November 2023 on 6 Ejari contracts. The rent fell from AED 48,000 to AED 6,480 in 2024 and recovered to AED 55,000 by August 2026.
- At AED 55,000 a year the gross yield on the 2024 price is 11.5%.
- Studios in The Place sold for AED 490,000–530,000 in the 12 months to November 2026; the building's median across all types is AED 1,258 per sqft.
Source: Dubai Land Department. Updated 25 August 2026.
Questions about 111, The Place
What did unit 111 last sell for?
AED 480,000 on 6 September 2024, sold by the developer: AED 668 per sqft for 718 sqft. It is the only registered sale of the unit.
What is the rent for unit 111?
AED 55,000 a year on the contract signed on 25 August 2026. The previous contract, from November 2025, was AED 6,642; the unit has been rented since November 2023.
How big is unit 111?
718 sqft (66.7 sqm): a studio on the 1st floor of a 19-storey tower completed in 2028.
What is unit 111 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in The Place sold for AED 490,000 to 530,000 in the last 12 months, around AED 1,138 per sqft.
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Mortgage on 111, The Place
Starts from the last sale price (AED 480K, 6 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 480,000
- Deposit, UAE resident (20%)
- AED 96,000
- Deposit, non-resident (40%)
- AED 192,000
- Monthly over 25 years at 3.7%
- AED 1,964
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →