Studio · 435 sqftThe Place, Dubai Sports City · 5th floor · completed 2028

503, The Place

Sold prices and rental history: sold twice, last in February 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 5 February 2025
Last soldAED 525K5 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, The Place

What is 503 worth today?

Last sold for AED 525,000 in 2025

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5 Feb 2025SoldOff-plan
AED 525,000AED 1,207 per sqft
16 Oct 2024Sold by developerOff-plan
AED 510,000AED 1,173 per sqft

Source: Dubai Land Department. Updated 5 February 2025.

Key facts

Type
Studio apartment
Size
435 sqft
Floor
5th of 19
Parking
1
Developer
Prestige The Place Real Estate Development
Completed
2028
Last sold
AED 525K · February 2025
Building
The Place

About 503, The Place

503 is a studio of 435 sqft on the 5th floor of The Place, a 19-storey tower in Dubai Sports City completed in 2028 by Prestige The Place Real Estate Development . It last sold on 5 February 2025 for AED 525,000, or AED 1,207 per sqft, 6% above the AED 1,144 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 503 over time

Sales
Unit 503, each saleTypical studio in The Place
500K600K202420252026Typical sale price by year: 2024 AED 510,000; 2025 AED 650,000Sold by developer, October 2024: AED 510,000 (AED 1,173 per sqft)Sold, February 2025: AED 525,000 (AED 1,207 per sqft)

503 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 503, each contractTypical studio in The Place
50K55K20232024202520262027Typical rent by year: 2023 AED 48,000; 2024 AED 48,000; 2025 AED 49,680; 2026 AED 55,000

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 503 sits

All 59 studios →

503 last sold in February 2025 at AED 1,207 per sqft, 6% above what studios in The Place were fetching at the time (AED 1,144). 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.

Recent studio salesUnit no.Price (AED)Summary
13 Jul 2026495,000
27 Jan 2026530,000
26 Dec 2025490,000
13 Aug 2025825,000
3 studio sales in the last 12 months

The Place

Building

159 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%
The Place, Dubai Sports City: prices, sales and rents →

Other units on the 5th floor

All 159 units in The Place
Value
5021-bedAED 1.37M · Aug 2025
504StudioAED 500K · Sep 2024
5051-bedAED 790K · Sep 2024
506StudioAED 510K · Sep 2024
5071-bedAED 980K · Jan 2025
508StudioAED 500K · Dec 2024
509StudioAED 500K · Dec 2024
1–7 of 16

503, The Place in numbers

  • Sold twice: first on 16 October 2024 for AED 510,000, last on 5 February 2025 for AED 525,000 (AED 1,207 per sqft).
  • 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 5 February 2025.

Questions about 503, The Place

What did unit 503 last sell for?

AED 525,000 on 5 February 2025: AED 1,207 per sqft for 435 sqft. The unit has 2 registered sales; the first was AED 510,000 in October 2024.

How big is unit 503?

435 sqft (40.4 sqm): a studio on the 5th floor of a 19-storey tower completed in 2028.

What is unit 503 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 503, The Place

Starts from the last sale price (AED 525K, 5 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 525,000
Deposit, UAE resident (20%)
AED 105,000
Deposit, non-resident (40%)
AED 210,000
Monthly over 25 years at 3.7%
AED 2,148

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