2-bed · 1,157 sqftUrbana III Block 51, Emaar South · completed 2020

103, Urbana III Block 51

Sold prices and rental history: sold twice, last in September 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 27 September 2024
Last soldAED 1.29M27 September 2024
Current rentAED 50K /yr1 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, Urbana III Block 51

What is 103 worth today?

Last sold for AED 1,290,000 in 2024

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27 Sep 2024SoldReady
AED 1,290,000AED 1,114 per sqft
1 Oct 2023RentedRenewal
AED 50,000/yr12 months · AED 43 per sqft
1 Oct 2022RentedNew contract
AED 50,000/yr12 months · AED 43 per sqft
16 Aug 2022Sold by developerReady
AED 1,136,532AED 982 per sqft

Source: Dubai Land Department. Updated 27 September 2024.

Key facts

Type
2-bed apartment
Size
1,157 sqft
Parking
103-1, 103-2
Developer
Emaar
Completed
2020
Last sold
AED 1.29M · September 2024

About 103, Urbana III Block 51

103 is a two-bedroom apartment of 1,157 sqft of Urbana III Block 51, in Emaar South completed in 2020 by Emaar. It last sold on 27 September 2024 for AED 1,290,000, or AED 1,114 per sqft, 15% above the AED 969 two-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 1 October 2023, is AED 50,000 a year: a gross yield of 3.9% on the 2024 price.

Sales and rents for 103 over time

Sales
Unit 103, each saleTypical two-bed in Urbana III Block 51
1.2M1.3M2022202320242025Typical sale price by year: 2022 AED 1,171,092; 2024 AED 1,275,000Sold by developer, August 2022: AED 1,136,532 (AED 982 per sqft)Sold, September 2024: AED 1,290,000 (AED 1,114 per sqft)

103 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 103, each contractTypical two-bed in Urbana III Block 51
60K80K202220242026Typical rent by year: 2022 AED 50,000; 2025 AED 90,000; 2026 AED 85,000New contract, October 2022: AED 50,000 a yearRenewal, October 2023: AED 50,000 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 Urbana III Block 51, and where 103 sits

All 6 2-beds →

103 last sold in September 2024 at AED 1,114 per sqft, 15% above what two-beds in Urbana III Block 51 were fetching at the time (AED 969). 103's AED 50,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
30 Sep 20241,270,000
28 Jun 20241,280,000
19 Jun 20241,290,000
30 May 20241,180,000
0 2-bed sales in the last 12 months

Urbana III Block 51

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 85K /yr
Typical yield
Urbana III Block 51, Emaar South: prices, sales and rents →

103, Urbana III Block 51 in numbers

  • Sold twice: first on 16 August 2022 for AED 1,136,532, last on 27 September 2024 for AED 1,290,000 (AED 1,114 per sqft).
  • Rented since October 2022 on 2 Ejari contracts, at AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2024 price is 3.9%.

Source: Dubai Land Department. Updated 27 September 2024.

Questions about 103, Urbana III Block 51

What did unit 103 last sell for?

AED 1,290,000 on 27 September 2024: AED 1,114 per sqft for 1,157 sqft. The unit has 2 registered sales; the first was AED 1,136,532 in August 2022.

What is the rent for unit 103?

AED 50,000 a year on the contract renewed on 1 October 2023. The previous contract, from October 2022, was AED 50,000.

How big is unit 103?

1,157 sqft (107.5 sqm): a two-bedroom apartment of Urbana III Block 51 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 III Block 51

Starts from the last sale price (AED 1.29M, 27 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,290,000
Deposit, UAE resident (20%)
AED 258,000
Deposit, non-resident (40%)
AED 516,000
Monthly over 25 years at 3.7%
AED 5,278

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