2-bed · 1,206 sqftV2 Residence, Dubai Sports City · 5th floor · completed 2022

503, V2 Residence

Sold prices and rental history: sold once, by the developer in April 2021, and rented once, from October 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 11 October 2024
Last soldAED 760K13 April 2021
Current rentAED 90K /yr11 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, V2 Residence

What is 503 worth today?

Last sold for AED 760,000 in 2021

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11 Oct 2024RentedRenewal
AED 90,000/yr12 months · AED 75 per sqft
13 Apr 2021Sold by developerOff-plan
AED 760,000AED 630 per sqft

Source: Dubai Land Department. Updated 11 October 2024.

Key facts

Type
2-bed apartment
Size
1,206 sqft
Floor
5th of 16
Parking
1
Developer
Tabeer Starwood Real Estate Development
Completed
2022
Service charge
AED 19,200 /yr
Last sold
AED 760K · April 2021
Building
V2 Residence

About 503, V2 Residence

503 is a two-bedroom apartment of 1,206 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. The developer sold it on 13 April 2021 for AED 760,000, or AED 630 per sqft, in line with the AED 627 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 11 October 2024. The current contract, renewed on 11 October 2024, is AED 90,000 a year: a gross yield of 11.8% on the 2021 price, before the service charge of about AED 19,200 a year.

Sales and rents for 503 over time

Sales
Unit 503, 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, April 2021: AED 760,000 (AED 630 per sqft)

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

Rents
Unit 503, each contractTypical two-bed in V2 Residence
90K95K2024202520262027Typical rent by year: 2024 AED 97,000; 2025 AED 98,000; 2026 AED 90,000Renewal, October 2024: AED 90,000 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 503 sits

All 32 2-beds →

503 last sold in April 2021 at AED 630 per sqft, in line with what two-beds in V2 Residence were fetching at the time (AED 627). 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. 503's AED 90,000 is in the lower 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 5th floor

All 160 units in V2 Residence
Value
5011-bedAED 750K · Sep 2024
5022-bedAED 917K · Aug 2023
504StudioAED 385K · Oct 2023
505StudioAED 475K · Oct 2023
506StudioAED 370K · May 2022
5071-bedAED 677K · Oct 2023
5081-bedAED 590K · Sep 2023
1–7 of 9

503, V2 Residence in numbers

  • Sold once: by Tabeer Starwood Real Estate Development on 13 April 2021 for AED 760,000, or AED 630 per sqft.
  • Rented since October 2024 on one Ejari contract, at AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2021 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 11 October 2024.

Questions about 503, V2 Residence

What did unit 503 last sell for?

AED 760,000 on 13 April 2021, sold by the developer: AED 630 per sqft for 1,206 sqft. It is the only registered sale of the unit.

What is the rent for unit 503?

AED 90,000 a year on the contract renewed on 11 October 2024.

How big is unit 503?

1,206 sqft (112.0 sqm): a two-bedroom apartment on the 5th floor of a 16-storey tower completed in 2022.

What is unit 503 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 503, V2 Residence

Starts from the last sale price (AED 760K, 13 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 760,000
Deposit, UAE resident (20%)
AED 152,000
Deposit, non-resident (40%)
AED 304,000
Monthly over 25 years at 3.7%
AED 3,109

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