506, V2 Residence
Sold prices and rental history: sold once, by the developer in May 2022, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, V2 Residence
What is 506 worth today?
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Source: Dubai Land Department. Updated 25 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 446 sqft
- Floor
- 5th of 16
- Parking
- 1
- Developer
- Tabeer Starwood Real Estate Development
- Completed
- 2022
- Service charge
- AED 7,100 /yr
- Last sold
- AED 370K · May 2022
- Building
- V2 Residence
About 506, V2 Residence
506 is a studio of 446 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 27 May 2022 for AED 370,000, or AED 828 per sqft, in line with the AED 834 studios in the building were fetching at the time.
It has been rented continuously since 2024 on 4 Ejari contracts. The current contract, signed on 25 September 2026, is AED 56,400 a year: a gross yield of 15.2% on the 2022 price, before the service charge of about AED 7,100 a year.
Sales and rents for 506 over time
506 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 506 sits
All 64 studios →506 last sold in May 2022 at AED 828 per sqft, in line with what studios in V2 Residence were fetching at the time (AED 834). 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. 506's AED 56,400 is in the upper 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 5th floor
All 160 units in V2 Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 710 sqft | AED 750KAED 750,000 · Sep 2024September 2024 | 53,000 /yr | |
| 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 | |
| 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 |
506, V2 Residence in numbers
- Sold once: by Tabeer Starwood Real Estate Development on 27 May 2022 for AED 370,000, or AED 828 per sqft.
- Rented since December 2024 on 4 Ejari contracts. The rent fell from AED 60,000 to AED 50,000 in 2025 and recovered to AED 56,400 by September 2026.
- At AED 56,400 a year the gross yield on the 2022 price is 15.2%, before a service charge of about AED 7,100 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 25 September 2026.
Questions about 506, V2 Residence
What did unit 506 last sell for?
AED 370,000 on 27 May 2022, sold by the developer: AED 828 per sqft for 446 sqft. It is the only registered sale of the unit.
What is the rent for unit 506?
AED 56,400 a year on the contract signed on 25 September 2026. The previous contract, from December 2025, was AED 55,000; the unit has been rented since December 2024.
How big is unit 506?
446 sqft (41.4 sqm): a studio on the 5th floor of a 16-storey tower completed in 2022.
What is unit 506 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 506, V2 Residence
Starts from the last sale price (AED 370K, 27 May 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 370,000
- Deposit, UAE resident (20%)
- AED 74,000
- Deposit, non-resident (40%)
- AED 148,000
- Monthly over 25 years at 3.7%
- AED 1,514
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →