Studio · 398 sqftShorooq Land 2, Dubailand Residence Complex · 5th floor · completed 2020

506, Shorooq Land 2

Sold prices and rental history: sold once, by the developer in October 2026, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 2 October 2026
Last soldAED 528K2 October 2026
Current rentAED 39K /yr18 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, Shorooq Land 2

What is 506 worth today?

Last sold for AED 528,400 in 2026

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2 Oct 2026Sold by developerReady
AED 528,400AED 1,327 per sqft
18 Nov 2024RentedNew contract
AED 38,500/yr12 months · AED 97 per sqft
5 Nov 2023RentedRenewal
AED 30,800/yr12 months · AED 77 per sqft
5 Nov 2022RentedNew contract
AED 28,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 2 October 2026.

Key facts

Type
Studio apartment
Size
398 sqft
Floor
5th of 12
Parking
B1-03
Developer
Wishes Land Real Estate Development
Completed
2020
Service charge
AED 2,000 /yr
Last sold
AED 528K · October 2026

About 506, Shorooq Land 2

506 is a studio of 398 sqft on the 5th floor of Shorooq Land 2, a 12-storey tower in Dubailand Residence Complex completed in 2020 by Wishes Land Real Estate Development . The developer sold it on 2 October 2026 for AED 528,400, or AED 1,327 per sqft, in line with the AED 1,302 studios in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 18 November 2024, is AED 38,500 a year: a gross yield of 7.3% on the 2026 price, before the service charge of about AED 2,000 a year.

Sales and rents for 506 over time

Rents
Unit 506, each contractTypical studio in Shorooq Land 2
30K40K202220242026Typical rent by year: 2022 AED 28,000; 2023 AED 30,800; 2024 AED 35,000; 2025 AED 39,754; 2026 AED 40,000New contract, November 2022: AED 28,000 a yearRenewal, November 2023: AED 30,800 a yearNew contract, November 2024: AED 38,500 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Shorooq Land 2, and where 506 sits

All 163 studios →

506 last sold in October 2026 at AED 1,327 per sqft, in line with what studios in Shorooq Land 2 were fetching at the time (AED 1,302). Over the last 12 months studios sold for AED 497,696 to 560,584, around AED 1,302 per sqft, and rent for AED 32,259 to 45,000 a year. 506's AED 38,500 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
8 Oct 2026552,176
8 Oct 2026552,176
7 Oct 2026552,176
7 Oct 2026554,698
8 studio sales in the last 12 months

Shorooq Land 2

Building

253 apartments, studios to 2-bed over 12 floors in Dubailand Residence Complex, completed in 2020 by Wishes Land Real Estate Development . 11 sold in the last 12 months.

Typical price per sqft
AED 1,302
Typical sale
AED 555K
Typical rent
AED 43K /yr
Typical yield
6.5%
Shorooq Land 2, Dubailand Residence Complex: prices, sales and rents →

Other units on the 5th floor

All 253 units in Shorooq Land 2
Value
405StudioAED 561K · Aug 2026
5011-bedNo registered sale
502StudioNo registered sale
503StudioAED 552K · Oct 2026
504StudioNo registered sale
5071-bedNo registered sale
5081-bedAED 969K · Jul 2026
1–7 of 20

506, Shorooq Land 2 in numbers

  • Sold once: by Wishes Land Real Estate Development on 2 October 2026 for AED 528,400, or AED 1,327 per sqft.
  • Rented since November 2022 on 3 Ejari contracts, from AED 28,000 to AED 38,500 a year.
  • At AED 38,500 a year the gross yield on the 2026 price is 7.3%, before a service charge of about AED 2,000 a year (AED 5.00 per sqft).
  • Studios in Shorooq Land 2 sold for AED 497,696–560,584 in the 12 months to November 2026; the building's median across all types is AED 1,302 per sqft.

Source: Dubai Land Department. Updated 2 October 2026.

Questions about 506, Shorooq Land 2

What did unit 506 last sell for?

AED 528,400 on 2 October 2026, sold by the developer: AED 1,327 per sqft for 398 sqft. It is the only registered sale of the unit.

What is the rent for unit 506?

AED 38,500 a year on the contract signed on 18 November 2024. The previous contract, from November 2023, was AED 30,800; the unit has been rented since November 2022.

How big is unit 506?

398 sqft (37.0 sqm): a studio on the 5th floor of a 12-storey tower completed in 2020.

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 Shorooq Land 2 sold for AED 497,696 to 560,584 in the last 12 months, around AED 1,302 per sqft.

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Mortgage on 506, Shorooq Land 2

Starts from the last sale price (AED 528K, 2 October 2026). Switch to today's estimate once you have unlocked it.
Price
AED 528,400
Deposit, UAE resident (20%)
AED 105,680
Deposit, non-resident (40%)
AED 211,360
Monthly over 25 years at 3.7%
AED 2,162

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