511, The Place
Sold prices and rental history: sold once, by the developer in September 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 511, The Place
What is 511 worth today?
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Source: Dubai Land Department. Updated 22 September 2024.
Key facts
- Type
- Studio apartment
- Size
- 500 sqft
- Floor
- 5th of 19
- Parking
- 1
- Developer
- Prestige The Place Real Estate Development
- Completed
- 2028
- Last sold
- AED 515K · September 2024
- Building
- The Place
About 511, The Place
511 is a studio of 500 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 . The developer sold it on 22 September 2024 for AED 515,000, or AED 1,030 per sqft, in line with the AED 1,003 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 511 over time
511 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 511 sits
All 59 studios →511 last sold in September 2024 at AED 1,030 per sqft, in line with what studios in The Place were fetching at the time (AED 1,003). 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 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 5th floor
All 159 units in The Place| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 1-bed | 914 sqft | AED 1.37MAED 1,369,000 · Aug 2025August 2025 | ||
| 503 | Studio | 435 sqft | AED 525KAED 525,000 · Feb 2025February 2025 | ||
| 504 | Studio | 435 sqft | AED 500KAED 500,000 · Sep 2024September 2024 | ||
| 505 | 1-bed | 863 sqft | AED 790KAED 790,000 · Sep 2024September 2024 | ||
| 506 | Studio | 501 sqft | AED 510KAED 510,000 · Sep 2024September 2024 | ||
| 507 | 1-bed | 863 sqft | AED 980KAED 980,000 · Jan 2025January 2025 | ||
| 508 | Studio | 500 sqft | AED 500KAED 500,000 · Dec 2024December 2024 | ||
| 509 | Studio | 435 sqft | AED 500KAED 500,000 · Dec 2024December 2024 | ||
| 510 | 1-bed | 863 sqft | AED 770KAED 770,000 · Sep 2024September 2024 | ||
| 512 | 1-bed | 863 sqft | AED 770KAED 770,000 · Sep 2024September 2024 | ||
| 513 | 1-bed | 863 sqft | AED 1.1MAED 1,100,755 · Oct 2024October 2024 | ||
| 514 | Studio | 609 sqft | AED 580KAED 580,000 · Dec 2024December 2024 | ||
| 515 | 1-bed | 863 sqft | AED 950KAED 950,000 · Aug 2025August 2025 | ||
| 516 | Studio | 435 sqft | AED 560KAED 560,000 · Oct 2024October 2024 | ||
| 517 | Studio | 492 sqft | AED 560KAED 560,000 · Oct 2024October 2024 | ||
| 518 | 1-bed | 863 sqft | AED 1.15MAED 1,150,000 · Oct 2024October 2024 |
511, The Place in numbers
- Sold once: by Prestige The Place Real Estate Development on 22 September 2024 for AED 515,000, or AED 1,030 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 22 September 2024.
Questions about 511, The Place
What did unit 511 last sell for?
AED 515,000 on 22 September 2024, sold by the developer: AED 1,030 per sqft for 500 sqft. It is the only registered sale of the unit.
How big is unit 511?
500 sqft (46.5 sqm): a studio on the 5th floor of a 19-storey tower completed in 2028.
What is unit 511 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 511, The Place
Starts from the last sale price (AED 515K, 22 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 515,000
- Deposit, UAE resident (20%)
- AED 103,000
- Deposit, non-resident (40%)
- AED 206,000
- Monthly over 25 years at 3.7%
- AED 2,107
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →