2-bed · 1,157 sqftUrbana II Block 31, Emaar South · completed 2020

103, Urbana II Block 31

Sold prices and rental history: sold once, by the developer in March 2017, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 25 May 2024
Last soldAED 923K7 March 2017
Current rentAED 57K /yr25 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, Urbana II Block 31

What is 103 worth today?

Last sold for AED 922,888 in 2017

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25 May 2024RentedRenewal
AED 56,700/yr12 months · AED 49 per sqft
25 May 2023RentedNew contract
AED 54,000/yr12 months · AED 46 per sqft
25 May 2022RentedNew contract
AED 39,900/yr12 months · AED 34 per sqft
25 May 2021RentedNew contract
AED 38,000/yr12 months · AED 33 per sqft
7 Mar 2017Sold by developerOff-plan
AED 922,888AED 797 per sqft

Source: Dubai Land Department. Updated 25 May 2024.

Key facts

Type
2-bed apartment
Size
1,157 sqft
Parking
103-1, 103-2
Developer
Emaar
Completed
2020
Last sold
AED 923K · March 2017

About 103, Urbana II Block 31

103 is a two-bedroom apartment of 1,157 sqft of Urbana II Block 31, in Emaar South completed in 2020 by Emaar. The developer sold it on 7 March 2017 for AED 922,888, or AED 797 per sqft, 3% above the AED 773 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 25 May 2024, is AED 56,700 a year: a gross yield of 6.1% on the 2017 price.

Sales and rents for 103 over time

Rents
Unit 103, each contractTypical two-bed in Urbana II Block 31
40K60K202120232025Typical rent by year: 2021 AED 41,500; 2022 AED 41,500; 2023 AED 54,000; 2024 AED 56,700; 2025 AED 71,690New contract, May 2021: AED 38,000 a yearNew contract, May 2022: AED 39,900 a yearNew contract, May 2023: AED 54,000 a yearRenewal, May 2024: AED 56,700 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 Urbana II Block 31, and where 103 sits

All 6 2-beds →

103 last sold in March 2017 at AED 797 per sqft, 3% above what two-beds in Urbana II Block 31 were fetching at the time (AED 773).

Recent 2-bed salesUnit no.Price (AED)Summary
25 Sep 20231,200,000
26 Jun 20231,162,888
2 Aug 20171,009,888
29 Mar 2017931,888
0 2-bed sales in the last 12 months

Urbana II Block 31

Building

8 apartments, 2-bed to 3-bed in Emaar South, completed in 2020 by Emaar. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 105K /yr
Typical yield
Urbana II Block 31, Emaar South: prices, sales and rents →

103, Urbana II Block 31 in numbers

  • Sold once: by Emaar on 7 March 2017 for AED 922,888, or AED 797 per sqft.
  • Rented since May 2021 on 4 Ejari contracts, from AED 38,000 to AED 56,700 a year.
  • At AED 56,700 a year the gross yield on the 2017 price is 6.1%.

Source: Dubai Land Department. Updated 25 May 2024.

Questions about 103, Urbana II Block 31

What did unit 103 last sell for?

AED 922,888 on 7 March 2017, sold by the developer: AED 797 per sqft for 1,157 sqft. It is the only registered sale of the unit.

What is the rent for unit 103?

AED 56,700 a year on the contract renewed on 25 May 2024. The previous contract, from May 2023, was AED 54,000; the unit has been rented since May 2021.

How big is unit 103?

1,157 sqft (107.5 sqm): a two-bedroom apartment of Urbana II Block 31 completed in 2020.

What is unit 103 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 103, Urbana II Block 31

Starts from the last sale price (AED 923K, 7 March 2017). Switch to today's estimate once you have unlocked it.
Price
AED 922,888
Deposit, UAE resident (20%)
AED 184,578
Deposit, non-resident (40%)
AED 369,155
Monthly over 25 years at 3.7%
AED 3,776

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