2-bed · 1,207 sqftV2 Residence, Dubai Sports City · 7th floor · completed 2022

703, V2 Residence

Sold prices and rental history: sold twice, last in September 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 15 September 2023
Last soldAED 1.08M15 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, V2 Residence

What is 703 worth today?

Last sold for AED 1,080,000 in 2023

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15 Sep 2023SoldReady
AED 1,080,000AED 894 per sqft
16 Jun 2019Sold by developerOff-plan
AED 1,000,000AED 829 per sqft

Source: Dubai Land Department. Updated 15 September 2023.

Key facts

Type
2-bed apartment
Size
1,207 sqft
Floor
7th of 16
Parking
G-66
Developer
Tabeer Starwood Real Estate Development
Completed
2022
Service charge
AED 19,200 /yr
Last sold
AED 1.08M · September 2023
Building
V2 Residence

About 703, V2 Residence

703 is a two-bedroom apartment of 1,207 sqft on the 7th 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 15 September 2023 for AED 1,080,000, or AED 894 per sqft, 9% above the AED 818 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 703 over time

Sales
Unit 703, each saleTypical two-bed in V2 Residence
750K1M1.25M20192021202320252027Typical 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, June 2019: AED 1,000,000 (AED 829 per sqft)Sold, September 2023: AED 1,080,000 (AED 894 per sqft)

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

Rents
Unit 703, each contractTypical two-bed in V2 Residence
90K95K2024202520262027Typical rent by year: 2024 AED 97,000; 2025 AED 98,000; 2026 AED 90,000

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 703 sits

All 32 2-beds →

703 last sold in September 2023 at AED 894 per sqft, 9% above what two-beds in V2 Residence were fetching at the time (AED 818). 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.

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 7th floor

All 160 units in V2 Residence
Value
7011-bedAED 540K · Jul 2023
7022-bedAED 825K · Aug 2021
704StudioAED 380K · Jan 2024
705StudioAED 395K · Jan 2022
706StudioAED 366K · Dec 2021
7071-bedAED 775K · Oct 2023
7081-bedAED 855K · Jan 2026
1–7 of 9

703, V2 Residence in numbers

  • Sold twice: first on 16 June 2019 for AED 1,000,000, last on 15 September 2023 for AED 1,080,000 (AED 894 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 15 September 2023.

Questions about 703, V2 Residence

What did unit 703 last sell for?

AED 1,080,000 on 15 September 2023: AED 894 per sqft for 1,207 sqft. The unit has 2 registered sales; the first was AED 1,000,000 in June 2019.

How big is unit 703?

1,207 sqft (112.1 sqm): a two-bedroom apartment on the 7th floor of a 16-storey tower completed in 2022.

What is unit 703 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 703, V2 Residence

Starts from the last sale price (AED 1.08M, 15 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,080,000
Deposit, UAE resident (20%)
AED 216,000
Deposit, non-resident (40%)
AED 432,000
Monthly over 25 years at 3.7%
AED 4,419

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