508, V2 Residence
Sold prices and rental history: sold once, by the developer in September 2023, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, V2 Residence
What is 508 worth today?
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Source: Dubai Land Department. Updated 30 August 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 726 sqft
- Floor
- 5th of 16
- Parking
- B-51
- Developer
- Tabeer Starwood Real Estate Development
- Completed
- 2022
- Service charge
- AED 11,500 /yr
- Last sold
- AED 590K · September 2023
- Building
- V2 Residence
About 508, V2 Residence
508 is a one-bedroom apartment of 726 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 September 2023 for AED 590,000, or AED 812 per sqft, 4% below the AED 845 one-beds in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 30 August 2026, is AED 60,000 a year: a gross yield of 10.2% on the 2023 price, before the service charge of about AED 11,500 a year.
Sales and rents for 508 over time
508 has sold once; 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 508 sits
All 64 1-beds →508 last sold in September 2023 at AED 812 per sqft, 4% below what one-beds in V2 Residence were fetching at the time (AED 845). 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. 508's AED 60,000 is in the upper 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 | |||||
|---|---|---|---|---|---|
| 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 | |
| 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 | |
| 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 |
508, V2 Residence in numbers
- Sold once: by Tabeer Starwood Real Estate Development on 13 September 2023 for AED 590,000, or AED 812 per sqft.
- Rented since August 2025 on 2 Ejari contracts, from AED 63,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2023 price is 10.2%, before a service charge of about AED 11,500 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 30 August 2026.
Questions about 508, V2 Residence
What did unit 508 last sell for?
AED 590,000 on 13 September 2023, sold by the developer: AED 812 per sqft for 726 sqft. It is the only registered sale of the unit.
What is the rent for unit 508?
AED 60,000 a year on the contract signed on 30 August 2026. The previous contract, from August 2025, was AED 63,000.
How big is unit 508?
726 sqft (67.4 sqm): a one-bedroom apartment on the 5th floor of a 16-storey tower completed in 2022.
What is unit 508 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 508, V2 Residence
Starts from the last sale price (AED 590K, 13 September 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 590,000
- Deposit, UAE resident (20%)
- AED 118,000
- Deposit, non-resident (40%)
- AED 236,000
- Monthly over 25 years at 3.7%
- AED 2,414
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →