1609, V2 Residence
Sold prices and rental history: sold once, by the developer in October 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1609, V2 Residence
What is 1609 worth today?
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Source: Dubai Land Department. Updated 17 October 2025.
Key facts
- Type
- Studio apartment
- Size
- 426 sqft
- Floor
- 16th of 16
- Parking
- B-07
- Developer
- Tabeer Starwood Real Estate Development
- Completed
- 2022
- Service charge
- AED 6,800 /yr
- Last sold
- AED 492K · October 2023
- Building
- V2 Residence
About 1609, V2 Residence
1609 is a studio of 426 sqft on the 16th 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 11 October 2023 for AED 492,000, or AED 1,154 per sqft, 22% above the AED 945 studios in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 17 October 2025, is AED 24,000 a year: a gross yield of 4.9% on the 2023 price, before the service charge of about AED 6,800 a year.
Sales and rents for 1609 over time
1609 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 V2 Residence, and where 1609 sits
All 64 studios →1609 last sold in October 2023 at AED 1,154 per sqft, 22% above what studios in V2 Residence were fetching at the time (AED 945). 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. 1609's AED 24,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Oct 202615 October 2026 | 434 sqft | 500,000 | 1,152 | ||
| 3 Sep 20263 September 2026 | 481 sqft | 470,000 | 977 | ||
| 14 Nov 202514 November 2025 | 443 sqft | 560,000 | 1,263 | ||
| 25 Sep 202525 September 2025 | 426 sqft | 565,000 | 1,325 |
V2 Residence
Building160 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%
Other units on the 16th floor
All 160 units in V2 Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 705 sqft | AED 592KAED 592,000 · Apr 2022April 2022 | ||
| 1602 | 2-bed | 1,211 sqft | AED 975KAED 975,000 · Jul 2023July 2023 | ||
| 1603 | 2-bed | 1,213 sqft | AED 1.2MAED 1,200,000 · Jan 2026January 2026 | 90,000 /yr | |
| 1604 | Studio | 429 sqft | AED 455KAED 455,000 · Jun 2023June 2023 | 43,000 /yr | |
| 1605 | Studio | 480 sqft | AED 428KAED 427,786 · Apr 2022April 2022 | 39,000 /yr | |
| 1606 | Studio | 437 sqft | AED 455KAED 455,000 · Jun 2023June 2023 | 46,000 /yr | |
| 1607 | 1-bed | 724 sqft | AED 775KAED 775,000 · Mar 2025March 2025 | ||
| 1608 | 1-bed | 721 sqft | AED 617KAED 616,970 · Nov 2023November 2023 | ||
| 1610 | 1-bed | 667 sqft | AED 780KAED 780,000 · Nov 2024November 2024 |
1609, V2 Residence in numbers
- Sold once: by Tabeer Starwood Real Estate Development on 11 October 2023 for AED 492,000, or AED 1,154 per sqft.
- Rented since October 2024 on 2 Ejari contracts, from AED 24,600 to AED 24,000 a year.
- At AED 24,000 a year the gross yield on the 2023 price is 4.9%, 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 17 October 2025.
Questions about 1609, V2 Residence
What did unit 1609 last sell for?
AED 492,000 on 11 October 2023, sold by the developer: AED 1,154 per sqft for 426 sqft. It is the only registered sale of the unit.
What is the rent for unit 1609?
AED 24,000 a year on the contract renewed on 17 October 2025. The previous contract, from October 2024, was AED 24,600.
How big is unit 1609?
426 sqft (39.6 sqm): a studio on the 16th floor of a 16-storey tower completed in 2022.
What is unit 1609 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 1609, V2 Residence
Starts from the last sale price (AED 492K, 11 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 492,000
- Deposit, UAE resident (20%)
- AED 98,400
- Deposit, non-resident (40%)
- AED 196,800
- Monthly over 25 years at 3.7%
- AED 2,013
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →