Studio · 430 sqftV2 Residence, Dubai Sports City · 11th floor · completed 2022

1109, V2 Residence

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

Unit 1109 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 300K12 September 2023
Current rentAED 38K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1109, V2 Residence

What is 1109 worth today?

Last sold for AED 300,000 in 2023

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1 Oct 2024RentedNew contract
AED 38,000/yr12 months · AED 88 per sqft
12 Sep 2023Sold by developerReady
AED 300,000AED 698 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
Studio apartment
Size
430 sqft
Floor
11th of 16
Parking
G-48
Developer
Tabeer Starwood Real Estate Development
Completed
2022
Service charge
AED 6,800 /yr
Last sold
AED 300K · September 2023
Building
V2 Residence

About 1109, V2 Residence

1109 is a studio of 430 sqft on the 11th 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 12 September 2023 for AED 300,000, or AED 698 per sqft, 24% below the AED 922 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 October 2024. The current contract, signed on 1 October 2024, is AED 38,000 a year: a gross yield of 12.7% on the 2023 price, before the service charge of about AED 6,800 a year.

Sales and rents for 1109 over time

Sales
Unit 1109, each saleTypical studio in V2 Residence
400K600K202120232025Typical 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 300,000 (AED 698 per sqft)

1109 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1109, each contractTypical studio in V2 Residence
38K40K43K20232024202520262027Typical rent by year: 2023 AED 38,500; 2024 AED 42,000; 2025 AED 43,000; 2026 AED 43,000New contract, October 2024: AED 38,000 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 1109 sits

All 64 studios →

1109 last sold in September 2023 at AED 698 per sqft, 24% below what studios in V2 Residence were fetching at the time (AED 922). 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. 1109's AED 38,000 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 11th floor

All 160 units in V2 Residence
Value
11011-bedAED 567K · Oct 2021
11022-bedAED 1.32M · Sep 2025
11032-bedAED 1.31M · Jun 2026
1104StudioAED 633K · Aug 2023
1105StudioAED 450K · Dec 2023
1106StudioAED 300K · Aug 2023
11071-bedAED 566K · Dec 2021
1–7 of 9

1109, V2 Residence in numbers

  • Sold once: by Tabeer Starwood Real Estate Development on 12 September 2023 for AED 300,000, or AED 698 per sqft.
  • Rented since October 2024 on one Ejari contract, at AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2023 price is 12.7%, before a service charge of about AED 6,800 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 1 October 2024.

Questions about 1109, V2 Residence

What did unit 1109 last sell for?

AED 300,000 on 12 September 2023, sold by the developer: AED 698 per sqft for 430 sqft. It is the only registered sale of the unit.

What is the rent for unit 1109?

AED 38,000 a year on the contract signed on 1 October 2024.

How big is unit 1109?

430 sqft (39.9 sqm): a studio on the 11th floor of a 16-storey tower completed in 2022.

What is unit 1109 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 1109, V2 Residence

Starts from the last sale price (AED 300K, 12 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 300,000
Deposit, UAE resident (20%)
AED 60,000
Deposit, non-resident (40%)
AED 120,000
Monthly over 25 years at 3.7%
AED 1,227

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