2-bed · 1,211 sqftV2 Residence, Dubai Sports City · 1st floor · completed 2022

103, V2 Residence

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

Unit 103 · DLD and Ejari recordsUpdated 1 December 2024
Last soldAED 849K13 September 2023
Current rentAED 100K /yr1 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, V2 Residence

What is 103 worth today?

Last sold for AED 849,000 in 2023

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1 Dec 2024RentedNew contract
AED 100,000/yr12 months · AED 83 per sqft
13 Sep 2023Sold by developerReady
AED 849,000AED 701 per sqft

Source: Dubai Land Department. Updated 1 December 2024.

Key facts

Type
2-bed apartment
Size
1,211 sqft
Floor
1st of 16
Parking
B-08
Developer
Tabeer Starwood Real Estate Development
Completed
2022
Service charge
AED 19,200 /yr
Last sold
AED 849K · September 2023
Building
V2 Residence

About 103, V2 Residence

103 is a two-bedroom apartment of 1,211 sqft on the 1st 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 13 September 2023 for AED 849,000, or AED 701 per sqft, 13% below the AED 804 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 December 2024. The current contract, signed on 1 December 2024, is AED 100,000 a year: a gross yield of 11.8% on the 2023 price, before the service charge of about AED 19,200 a year.

Sales and rents for 103 over time

Sales
Unit 103, each saleTypical two-bed in V2 Residence
750K1M1.25M2021202320252027Typical sale price by year: 2021 AED 800,000; 2023 AED 1,005,000; 2024 AED 1,100,000; 2025 AED 1,310,000; 2026 AED 1,304,500Sold by developer, September 2023: AED 849,000 (AED 701 per sqft)

103 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 103, each contractTypical two-bed in V2 Residence
90K95K100K2024202520262027Typical rent by year: 2024 AED 97,000; 2025 AED 98,000; 2026 AED 90,000New contract, December 2024: AED 100,000 a year

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

2-beds in V2 Residence, and where 103 sits

All 32 2-beds →

103 last sold in September 2023 at AED 701 per sqft, 13% below what two-beds in V2 Residence were fetching at the time (AED 804). Over the last 12 months two-beds sold for AED 1,200,000 to 1,325,000, around AED 1,074 per sqft, and rent for AED 85,000 to 114,000 a year. 103's AED 100,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
13 Jul 20261,299,000
10 Jun 20261,310,000
2 Jun 20261,325,000
22 Jan 20261,200,000
5 2-bed 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. 13 sold in the last 12 months.

Typical price per sqft
AED 1,098 Down 4.8%
Typical sale
AED 820K
Typical rent
AED 53K /yr
Typical yield
8.0%
V2 Residence, Dubai Sports City: prices, sales and rents →

Other units on the 1st floor

All 160 units in V2 Residence
Value
1011-bedAED 760K · Oct 2024
1022-bedAED 800K · Aug 2021
104StudioAED 400K · Aug 2023
105StudioAED 560K · Aug 2024
106StudioAED 375K · Jan 2022
1071-bedAED 557K · Aug 2023
1081-bedAED 534K · Apr 2022
1–7 of 9

103, V2 Residence in numbers

  • Sold once: by Tabeer Starwood Real Estate Development on 13 September 2023 for AED 849,000, or AED 701 per sqft.
  • Rented since December 2024 on one Ejari contract, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2023 price is 11.8%, before a service charge of about AED 19,200 a year (AED 15.90 per sqft).
  • Two-beds in V2 Residence sold for AED 1,200,000–1,325,000 in the 12 months to November 2026; the building's median across all types is AED 1,098 per sqft.

Source: Dubai Land Department. Updated 1 December 2024.

Questions about 103, V2 Residence

What did unit 103 last sell for?

AED 849,000 on 13 September 2023, sold by the developer: AED 701 per sqft for 1,211 sqft. It is the only registered sale of the unit.

What is the rent for unit 103?

AED 100,000 a year on the contract signed on 1 December 2024.

How big is unit 103?

1,211 sqft (112.5 sqm): a two-bedroom apartment on the 1st floor of a 16-storey tower completed in 2022.

What is unit 103 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in V2 Residence sold for AED 1,200,000 to 1,325,000 in the last 12 months, around AED 1,074 per sqft.

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Mortgage on 103, V2 Residence

Starts from the last sale price (AED 849K, 13 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 849,000
Deposit, UAE resident (20%)
AED 169,800
Deposit, non-resident (40%)
AED 339,600
Monthly over 25 years at 3.7%
AED 3,474

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