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

508B, Durar 1 Bldg 2

Sold prices and rental history: sold once, by the developer in December 2023, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508B · DLD and Ejari recordsUpdated 5 December 2023
Last soldAED 665K5 December 2023
Current rentAED 109K /yr15 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508B, Durar 1 Bldg 2

What is 508B worth today?

Last sold for AED 664,530 in 2023

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5 Dec 2023Sold by developerReady
AED 664,530AED 590 per sqft
15 Jul 2021RentedNew contract
AED 109,206/yr21 months · AED 97 per sqft
1 Aug 2019RentedNew contract
AED 30,000/yr12 months · AED 27 per sqft

Source: Dubai Land Department. Updated 5 December 2023.

Key facts

Type
2-bed apartment
Size
1,126 sqft
Floor
5th of 9
Parking
B1-130
Developer
Durar Al Emarat Properties
Completed
2013
Last sold
AED 665K · December 2023

About 508B, Durar 1 Bldg 2

508B is a two-bedroom apartment of 1,126 sqft on the 5th floor of Durar 1 Bldg 2, a 9-storey tower in Dubailand Residence Complex completed in 2013 by Durar Al Emarat Properties. The developer sold it on 5 December 2023 for AED 664,530, or AED 590 per sqft, 26% below the AED 798 two-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 15 July 2021, is AED 109,206 a year: a gross yield of 16.4% on the 2023 price.

Sales and rents for 508B over time

Sales
Unit 508B, each saleTypical two-bed in Durar 1 Bldg 2
750K1M20232024202520262027Typical sale price by year: 2023 AED 960,000; 2024 AED 1,098,000; 2025 AED 921,500; 2026 AED 1,107,500Sold by developer, December 2023: AED 664,530 (AED 590 per sqft)

508B has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 508B, each contractTypical two-bed in Durar 1 Bldg 2
50K100K20192021202320252027Typical rent by year: 2019 AED 30,000; 2020 AED 60,801; 2021 AED 62,407; 2022 AED 60,801; 2023 AED 60,125; 2024 AED 65,000; 2025 AED 74,500; 2026 AED 75,000New contract, August 2019: AED 30,000 a yearNew contract, July 2021: AED 109,206 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 2, and where 508B sits

All 55 2-beds →

508B last sold in December 2023 at AED 590 per sqft, 26% below what two-beds in Durar 1 Bldg 2 were fetching at the time (AED 798). Over the last 12 months two-beds sold for AED 716,590 to 1,300,000, around AED 936 per sqft, and rent for AED 60,000 to 131,271 a year. 508B's AED 109,206 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
20 Oct 20261,055,000
7 Aug 20261,300,000
11 Jun 2026716,590
5 Mar 20261,187,000
6 2-bed sales in the last 12 months

Durar 1 Bldg 2

Building

119 apartments, 1-bed to 3-bed over 9 floors in Dubailand Residence Complex, completed in 2013 by Durar Al Emarat Properties. 10 sold in the last 12 months.

Typical price per sqft
AED 905 Down 0.8%
Typical sale
AED 933K
Typical rent
AED 64K /yr
Typical yield
7.5%
Durar 1 Bldg 2, Dubailand Residence Complex: prices, sales and rents →

Other units on the 5th floor

All 119 units in Durar 1 Bldg 2
Value
501B2-bedAED 990K · Nov 2023
502B1-bedAED 650K · Oct 2023
503B1-bedAED 575K · Aug 2024
504B2-bedAED 677K · Sep 2023
505B1-bedAED 695K · Sep 2023
506B2-bedAED 733K · Apr 2023
507B1-bedAED 577K · Jul 2024
1–7 of 13

508B, Durar 1 Bldg 2 in numbers

  • Sold once: by Durar Al Emarat Properties on 5 December 2023 for AED 664,530, or AED 590 per sqft.
  • Rented since August 2019 on 2 Ejari contracts, from AED 30,000 to AED 109,206 a year.
  • At AED 109,206 a year the gross yield on the 2023 price is 16.4%.
  • Two-beds in Durar 1 Bldg 2 sold for AED 716,590–1,300,000 in the 12 months to November 2026; the building's median across all types is AED 905 per sqft.

Source: Dubai Land Department. Updated 5 December 2023.

Questions about 508B, Durar 1 Bldg 2

What did unit 508B last sell for?

AED 664,530 on 5 December 2023, sold by the developer: AED 590 per sqft for 1,126 sqft. It is the only registered sale of the unit.

What is the rent for unit 508B?

AED 109,206 a year on the contract signed on 15 July 2021. The previous contract, from August 2019, was AED 30,000.

How big is unit 508B?

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 508B 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 2 sold for AED 716,590 to 1,300,000 in the last 12 months, around AED 936 per sqft.

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Mortgage on 508B, Durar 1 Bldg 2

Starts from the last sale price (AED 665K, 5 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 664,530
Deposit, UAE resident (20%)
AED 132,906
Deposit, non-resident (40%)
AED 265,812
Monthly over 25 years at 3.7%
AED 2,719

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