1-bed · 720 sqftThe V Tower, Dubailand Residence Complex · 5th floor · completed 2023

507, The V Tower

Sold prices and rental history: sold once, by the developer in November 2023, and rented once, from May 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 27 May 2024
Last soldAED 581K13 November 2023
Current rentAED 60K /yr27 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, The V Tower

What is 507 worth today?

Last sold for AED 580,875 in 2023

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27 May 2024RentedNew contract
AED 60,000/yr12 months · AED 83 per sqft
13 Nov 2023Sold by developerOff-plan
AED 580,875AED 807 per sqft

Source: Dubai Land Department. Updated 27 May 2024.

Key facts

Type
1-bed apartment
Size
720 sqft
Floor
5th of 17
Parking
B3-74
Developer
Tiger Properties
Completed
2023
Service charge
AED 9,400 /yr
Last sold
AED 581K · November 2023
Building
The V Tower

About 507, The V Tower

507 is a one-bedroom apartment of 720 sqft on the 5th floor of The V Tower, a 17-storey tower in Dubailand Residence Complex completed in 2023 by Tiger Properties. The developer sold it on 13 November 2023 for AED 580,875, or AED 807 per sqft, 4% below the AED 842 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 27 May 2024. The current contract, signed on 27 May 2024, is AED 60,000 a year: a gross yield of 10.3% on the 2023 price, before the service charge of about AED 9,400 a year.

Sales and rents for 507 over time

Sales
Unit 507, each saleTypical one-bed in The V Tower
600K700K800K2020202220242026Typical sale price by year: 2020 AED 580,000; 2021 AED 580,194; 2022 AED 598,681; 2023 AED 602,345; 2024 AED 698,250; 2025 AED 740,000; 2026 AED 770,000Sold by developer, November 2023: AED 580,875 (AED 807 per sqft)

507 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 507, each contractTypical one-bed in The V Tower
55K60K20232024202520262027Typical rent by year: 2023 AED 53,000; 2024 AED 58,000; 2025 AED 60,000; 2026 AED 60,000New contract, May 2024: AED 60,000 a year

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

1-beds in The V Tower, and where 507 sits

All 168 1-beds →

507 last sold in November 2023 at AED 807 per sqft, 4% below what one-beds in The V Tower were fetching at the time (AED 842). Over the last 12 months one-beds sold for AED 650,000 to 830,000, around AED 1,042 per sqft, and rent for AED 45,000 to 81,600 a year. 507's AED 60,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Oct 2026725,000
21 Sep 2026785,000
2 Sep 2026800,000
29 Aug 2026770,000
11 1-bed sales in the last 12 months

The V Tower

Building

368 apartments, studios to 3-bed over 17 floors in Dubailand Residence Complex, completed in 2023 by Tiger Properties. 31 sold in the last 12 months.

Typical price per sqft
AED 1,011 Up 3.7%
Typical sale
AED 760K
Typical rent
AED 58K /yr
Typical yield
8.4%
The V Tower, Dubailand Residence Complex: prices, sales and rents →

Other units on the 5th floor

All 368 units in The V Tower
Value
5013-bedAED 1.29M · Feb 2024
5021-bedAED 605K · Sep 2023
5031-bedAED 579K · Oct 2021
5041-bedAED 551K · Nov 2020
505StudioAED 495K · Jan 2026
5061-bedAED 556K · Nov 2022
5082-bedAED 900K · Sep 2023
1–7 of 20

507, The V Tower in numbers

  • Sold once: by Tiger Properties on 13 November 2023 for AED 580,875, or AED 807 per sqft.
  • Rented since May 2024 on one Ejari contract, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2023 price is 10.3%, before a service charge of about AED 9,400 a year (AED 13.05 per sqft).
  • One-beds in The V Tower sold for AED 650,000–830,000 in the 12 months to November 2026; the building's median across all types is AED 1,011 per sqft.

Source: Dubai Land Department. Updated 27 May 2024.

Questions about 507, The V Tower

What did unit 507 last sell for?

AED 580,875 on 13 November 2023, sold by the developer: AED 807 per sqft for 720 sqft. It is the only registered sale of the unit.

What is the rent for unit 507?

AED 60,000 a year on the contract signed on 27 May 2024.

How big is unit 507?

720 sqft (66.9 sqm): a one-bedroom apartment on the 5th floor of a 17-storey tower completed in 2023.

What is unit 507 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The V Tower sold for AED 650,000 to 830,000 in the last 12 months, around AED 1,042 per sqft.

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Mortgage on 507, The V Tower

Starts from the last sale price (AED 581K, 13 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 580,875
Deposit, UAE resident (20%)
AED 116,175
Deposit, non-resident (40%)
AED 232,350
Monthly over 25 years at 3.7%
AED 2,377

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