501, V2 Residence
Sold prices and rental history: sold twice, last in September 2024, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, V2 Residence
What is 501 worth today?
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Source: Dubai Land Department. Updated 10 September 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 710 sqft
- Floor
- 5th of 16
- Parking
- G-61
- Developer
- Tabeer Starwood Real Estate Development
- Completed
- 2022
- Service charge
- AED 11,300 /yr
- Last sold
- AED 750K · September 2024
- Building
- V2 Residence
About 501, V2 Residence
501 is a one-bedroom apartment of 710 sqft on the 5th floor of V2 Residence, a 16-storey tower in Dubai Sports City completed in 2022 by Tabeer Starwood Real Estate Development. It last sold on 10 September 2024 for AED 750,000, or AED 1,056 per sqft, 14% above the AED 928 one-beds in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 29 August 2024, is AED 53,000 a year: a gross yield of 7.1% on the 2024 price, before the service charge of about AED 11,300 a year.
Sales and rents for 501 over time
501 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in V2 Residence, and where 501 sits
All 64 1-beds →501 last sold in September 2024 at AED 1,056 per sqft, 14% above what one-beds in V2 Residence were fetching at the time (AED 928). Over the last 12 months one-beds sold for AED 565,000 to 855,000, around AED 1,109 per sqft, and rent for AED 48,564 to 66,000 a year. 501's AED 53,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Oct 20262 October 2026 | 724 sqft | 800,000 | 1,104 | ||
| 10 Jul 202610 July 2026 | 667 sqft | 565,000 | 847 | ||
| 23 Feb 202623 February 2026 | 708 sqft | 820,000 | 1,157 | ||
| 23 Jan 202623 January 2026 | 726 sqft | 855,000 | 1,177 |
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 5th floor
All 160 units in V2 Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 2-bed | 1,209 sqft | AED 917KAED 917,000 · Aug 2023August 2023 | ||
| 503 | 2-bed | 1,206 sqft | AED 760KAED 760,000 · Apr 2021April 2021 | 90,000 /yr | |
| 504 | Studio | 434 sqft | AED 385KAED 385,000 · Oct 2023October 2023 | 40,000 /yr | |
| 505 | Studio | 481 sqft | AED 475KAED 475,000 · Oct 2023October 2023 | 43,500 /yr | |
| 506 | Studio | 446 sqft | AED 370KAED 370,000 · May 2022May 2022 | 56,400 /yr | |
| 507 | 1-bed | 732 sqft | AED 677KAED 677,000 · Oct 2023October 2023 | 65,500 /yr | |
| 508 | 1-bed | 726 sqft | AED 590KAED 590,000 · Sep 2023September 2023 | 60,000 /yr | |
| 509 | Studio | 430 sqft | AED 492KAED 492,000 · Dec 2023December 2023 | 50,000 /yr | |
| 510 | 1-bed | 667 sqft | AED 845KAED 845,000 · Jul 2025July 2025 |
501, V2 Residence in numbers
- Sold twice: first on 8 August 2023 for AED 618,000, last on 10 September 2024 for AED 750,000 (AED 1,056 per sqft).
- Rented since August 2024 on 2 Ejari contracts, at AED 53,000 a year.
- At AED 53,000 a year the gross yield on the 2024 price is 7.1%, before a service charge of about AED 11,300 a year (AED 15.90 per sqft).
- One-beds in V2 Residence sold for AED 565,000–855,000 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 10 September 2024.
Questions about 501, V2 Residence
What did unit 501 last sell for?
AED 750,000 on 10 September 2024: AED 1,056 per sqft for 710 sqft. The unit has 2 registered sales; the first was AED 618,000 in August 2023.
What is the rent for unit 501?
AED 53,000 a year on the contract signed on 29 August 2024. The previous contract, from August 2024, was AED 53,000.
How big is unit 501?
710 sqft (66.0 sqm): a one-bedroom apartment on the 5th floor of a 16-storey tower completed in 2022.
What is unit 501 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in V2 Residence sold for AED 565,000 to 855,000 in the last 12 months, around AED 1,109 per sqft.
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Mortgage on 501, V2 Residence
Starts from the last sale price (AED 750K, 10 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 750,000
- Deposit, UAE resident (20%)
- AED 150,000
- Deposit, non-resident (40%)
- AED 300,000
- Monthly over 25 years at 3.7%
- AED 3,068
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →