406, V2 Residence
Sold prices and rental history: sold once, by the developer in June 2025, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, V2 Residence
What is 406 worth today?
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Source: Dubai Land Department. Updated 12 October 2025.
Key facts
- Type
- Studio apartment
- Size
- 437 sqft
- Floor
- 4th of 16
- Parking
- G-80
- Developer
- Tabeer Starwood Real Estate Development
- Completed
- 2022
- Service charge
- AED 6,900 /yr
- Last sold
- AED 350K · June 2025
- Building
- V2 Residence
About 406, V2 Residence
406 is a studio of 437 sqft on the 4th 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 24 June 2025 for AED 350,000, or AED 800 per sqft, 31% below the AED 1,154 studios in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 12 October 2025, is AED 45,000 a year: a gross yield of 12.9% on the 2025 price, before the service charge of about AED 6,900 a year.
Sales and rents for 406 over time
406 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 406 sits
All 64 studios →406 last sold in June 2025 at AED 800 per sqft, 31% below what studios in V2 Residence were fetching at the time (AED 1,154). 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. 406's AED 45,000 is in the lower half 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 4th floor
All 160 units in V2 Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 708 sqft | AED 500KAED 500,000 · Jun 2025June 2025 | 63,800 /yr | |
| 402 | 2-bed | 1,199 sqft | AED 760KAED 759,500 · May 2021May 2021 | 98,000 /yr | |
| 403 | 2-bed | 1,204 sqft | AED 749KAED 749,000 · Apr 2021April 2021 | ||
| 404 | Studio | 429 sqft | AED 410KAED 410,000 · Jul 2023July 2023 | 42,000 /yr | |
| 405 | Studio | 487 sqft | AED 400KAED 400,000 · Jul 2023July 2023 | 45,000 /yr | |
| 407 | 1-bed | 718 sqft | AED 600KAED 600,000 · Jul 2021July 2021 | 60,000 /yr | |
| 408 | 1-bed | 721 sqft | AED 800KAED 800,000 · Dec 2025December 2025 | 65,000 /yr | |
| 409 | Studio | 426 sqft | AED 420KAED 419,596 · Sep 2023September 2023 | 40,000 /yr | |
| 410 | 1-bed | 667 sqft | AED 450KAED 450,000 · Jan 2024January 2024 | 60,000 /yr |
406, V2 Residence in numbers
- Sold once: by Tabeer Starwood Real Estate Development on 24 June 2025 for AED 350,000, or AED 800 per sqft.
- Rented since October 2024 on 2 Ejari contracts, from AED 40,000 to AED 45,000 a year.
- At AED 45,000 a year the gross yield on the 2025 price is 12.9%, before a service charge of about AED 6,900 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 12 October 2025.
Questions about 406, V2 Residence
What did unit 406 last sell for?
AED 350,000 on 24 June 2025, sold by the developer: AED 800 per sqft for 437 sqft. It is the only registered sale of the unit.
What is the rent for unit 406?
AED 45,000 a year on the contract signed on 12 October 2025. The previous contract, from October 2024, was AED 40,000.
How big is unit 406?
437 sqft (40.6 sqm): a studio on the 4th floor of a 16-storey tower completed in 2022.
What is unit 406 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 406, V2 Residence
Starts from the last sale price (AED 350K, 24 June 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 350,000
- Deposit, UAE resident (20%)
- AED 70,000
- Deposit, non-resident (40%)
- AED 140,000
- Monthly over 25 years at 3.7%
- AED 1,432
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →