2-bed · 1,126 sqftDurar 1 Bldg 1, Dubailand Residence Complex · 5th floor · completed 2013

506a, Durar 1 Bldg 1

Sold prices and rental history: sold once, by the developer in November 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506a · DLD and Ejari recordsUpdated 8 July 2024
Last soldAED 1M24 November 2023
Current rentAED 72K /yr8 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506a, Durar 1 Bldg 1

What is 506a worth today?

Last sold for AED 1,000,000 in 2023

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8 Jul 2024RentedNew contract
AED 72,000/yr12 months · AED 64 per sqft
24 Nov 2023Sold by developerReady
AED 1,000,000AED 887 per sqft
1 Aug 2020RentedNew contract
AED 59,345/yr12 months · AED 53 per sqft

Source: Dubai Land Department. Updated 8 July 2024.

Key facts

Type
2-bed apartment
Size
1,126 sqft
Floor
5th of 9
Parking
B1-154
Developer
Durar Al Emarat Properties
Completed
2013
Last sold
AED 1M · November 2023

About 506a, Durar 1 Bldg 1

506a is a two-bedroom apartment of 1,126 sqft on the 5th floor of Durar 1 Bldg 1, a 9-storey tower in Dubailand Residence Complex completed in 2013 by Durar Al Emarat Properties. The developer sold it on 24 November 2023 for AED 1,000,000, or AED 887 per sqft, 10% above the AED 803 two-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 8 July 2024, is AED 72,000 a year: a gross yield of 7.2% on the 2023 price.

Sales and rents for 506a over time

Sales
Unit 506a, each saleTypical two-bed in Durar 1 Bldg 1
1M1.1M20142017202020232026Typical sale price by year: 2014 AED 1,100,000; 2023 AED 970,000; 2024 AED 1,000,000; 2025 AED 1,080,000Sold by developer, November 2023: AED 1,000,000 (AED 887 per sqft)

506a has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 506a, each contractTypical two-bed in Durar 1 Bldg 1
60K80K20192021202320252027Typical rent by year: 2019 AED 62,407; 2020 AED 60,801; 2021 AED 60,450; 2022 AED 60,483; 2023 AED 55,000; 2024 AED 66,000; 2025 AED 75,000; 2026 AED 78,000New contract, August 2020: AED 59,345 a yearNew contract, July 2024: AED 72,000 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 Durar 1 Bldg 1, and where 506a sits

All 59 2-beds →

506a last sold in November 2023 at AED 887 per sqft, 10% above what two-beds in Durar 1 Bldg 1 were fetching at the time (AED 803). Over the last 12 months two-beds sold for AED 900,000 to 1,127,000, around AED 783 per sqft, and rent for AED 52,000 to 85,000 a year. 506a's AED 72,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
13 Feb 20261,127,000
21 Nov 2025900,000
14 Nov 2025900,000
22 Sep 20251,085,000
3 2-bed sales in the last 12 months

Durar 1 Bldg 1

Building

126 apartments, 1-bed to 3-bed over 9 floors in Dubailand Residence Complex, completed in 2013 by Durar Al Emarat Properties. 17 sold in the last 12 months.

Typical price per sqft
AED 972 Up 0.1%
Typical sale
AED 750K
Typical rent
AED 61K /yr
Typical yield
7.1%
Durar 1 Bldg 1, Dubailand Residence Complex: prices, sales and rents →

Other units on the 5th floor

All 126 units in Durar 1 Bldg 1
Value
5071-bedAED 758K · Apr 2009
501A2-bedAED 970K · Sep 2023
502A1-bedAED 610K · Jul 2024
503A1-bedAED 520K · Oct 2023
504A2-bedAED 1.04M · Sep 2023
505A1-bedAED 680K · Apr 2024
507A1-bedAED 730K · Oct 2024
1–7 of 14

506a, Durar 1 Bldg 1 in numbers

  • Sold once: by Durar Al Emarat Properties on 24 November 2023 for AED 1,000,000, or AED 887 per sqft.
  • Rented since August 2020 on 2 Ejari contracts, from AED 59,345 to AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2023 price is 7.2%.
  • Two-beds in Durar 1 Bldg 1 sold for AED 900,000–1,127,000 in the 12 months to November 2026; the building's median across all types is AED 972 per sqft.

Source: Dubai Land Department. Updated 8 July 2024.

Questions about 506a, Durar 1 Bldg 1

What did unit 506a last sell for?

AED 1,000,000 on 24 November 2023, sold by the developer: AED 887 per sqft for 1,126 sqft. It is the only registered sale of the unit.

What is the rent for unit 506a?

AED 72,000 a year on the contract signed on 8 July 2024. The previous contract, from August 2020, was AED 59,345.

How big is unit 506a?

1,126 sqft (104.6 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower completed in 2013.

What is unit 506a worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Durar 1 Bldg 1 sold for AED 900,000 to 1,127,000 in the last 12 months, around AED 783 per sqft.

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Mortgage on 506a, Durar 1 Bldg 1

Starts from the last sale price (AED 1M, 24 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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