Studio · 487 sqftV2 Residence, Dubai Sports City · 10th floor · completed 2022

1005, V2 Residence

Sold prices and rental history: sold once, by the developer in September 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1005 · DLD and Ejari recordsUpdated 24 September 2026
Last soldAED 470K14 September 2023
Current rentAED 46K /yr24 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1005, V2 Residence

What is 1005 worth today?

Last sold for AED 470,000 in 2023

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24 Sep 2026RentedNew contract
AED 46,000/yr12 months · AED 95 per sqft
14 Oct 2025RentedNew contract
AED 46,000/yr12 months · AED 95 per sqft
24 Sep 2024RentedRenewal
AED 44,000/yr12 months · AED 91 per sqft
14 Sep 2023Sold by developerReady
AED 470,000AED 965 per sqft

Source: Dubai Land Department. Updated 24 September 2026.

Key facts

Type
Studio apartment
Size
487 sqft
Floor
10th of 16
Parking
G-19
Developer
Tabeer Starwood Real Estate Development
Completed
2022
Service charge
AED 7,700 /yr
Last sold
AED 470K · September 2023
Building
V2 Residence

About 1005, V2 Residence

1005 is a studio of 487 sqft on the 10th floor of V2 Residence, a 16-storey tower in Dubai Sports City completed in 2022 by Tabeer Starwood Real Estate Development. The developer sold it on 14 September 2023 for AED 470,000, or AED 965 per sqft, 4% above the AED 931 studios in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 24 September 2026, is AED 46,000 a year: a gross yield of 9.8% on the 2023 price, before the service charge of about AED 7,700 a year.

Sales and rents for 1005 over time

Sales
Unit 1005, each saleTypical studio in V2 Residence
400K500K202120232025Typical sale price by year: 2021 AED 382,893; 2022 AED 399,000; 2023 AED 450,000; 2024 AED 473,616; 2025 AED 555,000Sold by developer, September 2023: AED 470,000 (AED 965 per sqft)

1005 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1005, each contractTypical studio in V2 Residence
40K45K202320252027Typical rent by year: 2023 AED 38,500; 2024 AED 42,000; 2025 AED 43,000; 2026 AED 43,000Renewal, September 2024: AED 44,000 a yearNew contract, October 2025: AED 46,000 a yearNew contract, September 2026: AED 46,000 a year

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

Studios in V2 Residence, and where 1005 sits

All 64 studios →

1005 last sold in September 2023 at AED 965 per sqft, 4% above what studios in V2 Residence were fetching at the time (AED 931). Over the last 12 months studios sold for AED 470,000 to 560,000, around AED 1,152 per sqft, and rent for AED 30,360 to 65,000 a year. 1005's AED 46,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
15 Oct 2026500,000
3 Sep 2026470,000
14 Nov 2025560,000
25 Sep 2025565,000
3 studio sales in the last 12 months

V2 Residence

Building

160 apartments, studios to 2-bed over 16 floors in Dubai Sports City, completed in 2022 by Tabeer Starwood Real Estate Development. 12 sold in the last 12 months.

Typical price per sqft
AED 1,101 Down 4.0%
Typical sale
AED 810K
Typical rent
AED 54K /yr
Typical yield
8.0%
V2 Residence, Dubai Sports City: prices, sales and rents →

Other units on the 10th floor

All 160 units in V2 Residence
Value
10011-bedAED 850K · Mar 2025
10022-bedAED 1.01M · Aug 2023
10032-bedAED 1.1M · Jul 2023
1004StudioAED 460K · Dec 2023
1006StudioAED 460K · Jul 2023
10071-bedAED 600K · Jul 2023
10081-bedAED 600K · Jul 2023
1–7 of 9

1005, V2 Residence in numbers

  • Sold once: by Tabeer Starwood Real Estate Development on 14 September 2023 for AED 470,000, or AED 965 per sqft.
  • Rented since September 2024 on 3 Ejari contracts, from AED 44,000 to AED 46,000 a year.
  • At AED 46,000 a year the gross yield on the 2023 price is 9.8%, before a service charge of about AED 7,700 a year (AED 15.90 per sqft).
  • Studios in V2 Residence sold for AED 470,000–560,000 in the 12 months to November 2026; the building's median across all types is AED 1,101 per sqft.

Source: Dubai Land Department. Updated 24 September 2026.

Questions about 1005, V2 Residence

What did unit 1005 last sell for?

AED 470,000 on 14 September 2023, sold by the developer: AED 965 per sqft for 487 sqft. It is the only registered sale of the unit.

What is the rent for unit 1005?

AED 46,000 a year on the contract signed on 24 September 2026. The previous contract, from October 2025, was AED 46,000; the unit has been rented since September 2024.

How big is unit 1005?

487 sqft (45.2 sqm): a studio on the 10th floor of a 16-storey tower completed in 2022.

What is unit 1005 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in V2 Residence sold for AED 470,000 to 560,000 in the last 12 months, around AED 1,152 per sqft.

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Mortgage on 1005, V2 Residence

Starts from the last sale price (AED 470K, 14 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 470,000
Deposit, UAE resident (20%)
AED 94,000
Deposit, non-resident (40%)
AED 188,000
Monthly over 25 years at 3.7%
AED 1,923

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