1-bed · 595 sqftThe Waterway, Horizon · 5th floor

506, The Waterway

Sold prices and rental history: sold once, by the developer in January 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 14 January 2025
Last soldAED 1.1M14 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, The Waterway

What is 506 worth today?

Last sold for AED 1,095,000 in 2025

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14 Jan 2025Sold by developerOff-plan
AED 1,095,000AED 1,840 per sqft

Source: Dubai Land Department. Updated 14 January 2025.

Key facts

Type
1-bed apartment
Size
595 sqft
Floor
5th of 16
Parking
1
Last sold
AED 1.1M · January 2025
Building
The Waterway

About 506, The Waterway

506 is a one-bedroom apartment of 595 sqft on the 5th floor of The Waterway, a 16-storey tower in Horizon. The developer sold it on 14 January 2025 for AED 1,095,000, or AED 1,840 per sqft, in line with the AED 1,874 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 506 over time

Sales
Unit 506, each saleTypical one-bed in The Waterway
1.2M1.4M202420252026Typical sale price by year: 2024 AED 1,115,276; 2025 AED 1,389,564Sold by developer, January 2025: AED 1,095,000 (AED 1,840 per sqft)

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

1-beds in The Waterway, and where 506 sits

All 47 1-beds →

506 last sold in January 2025 at AED 1,840 per sqft, in line with what one-beds in The Waterway were fetching at the time (AED 1,874). Over the last 12 months one-beds sold for AED 1,775,100, around AED 1,572 per sqft.

Recent 1-bed salesUnit no.Price (AED)Summary
27 Feb 20261,775,100
11 Oct 20251,317,500
22 Sep 20251,378,200
21 Sep 20251,336,600
1 1-bed sale in the last 12 months

The Waterway

Building

108 apartments, 1-bed to 2-bed over 16 floors in Horizon. 5 sold in the last 12 months.

Typical price per sqft
AED 2,124
Typical sale
AED 2.33M
Typical rent
Few contracts
Typical yield
The Waterway, Horizon: prices, sales and rents →

Other units on the 5th floor

All 108 units in The Waterway
Value
5012-bedAED 2.2M · Oct 2025
5022-bedAED 2.29M · Dec 2024
5032-bedAED 2.4M · Sep 2024
5042-bedAED 2.13M · Sep 2024
5051-bedAED 1.34M · Sep 2025
5071-bedAED 1M · Oct 2024

506, The Waterway in numbers

  • Sold once: by the developer on 14 January 2025 for AED 1,095,000, or AED 1,840 per sqft.
  • One-beds in The Waterway sold for AED 1,775,100–1,775,100 in the 12 months to November 2026; the building's median across all types is AED 2,124 per sqft.

Source: Dubai Land Department. Updated 14 January 2025.

Questions about 506, The Waterway

What did unit 506 last sell for?

AED 1,095,000 on 14 January 2025, sold by the developer: AED 1,840 per sqft for 595 sqft. It is the only registered sale of the unit.

How big is unit 506?

595 sqft (55.3 sqm): a one-bedroom apartment on the 5th floor of a 16-storey tower.

What is unit 506 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Waterway sold for AED 1,775,100 to 1,775,100 in the last 12 months, around AED 1,572 per sqft.

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Mortgage on 506, The Waterway

Starts from the last sale price (AED 1.1M, 14 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,095,000
Deposit, UAE resident (20%)
AED 219,000
Deposit, non-resident (40%)
AED 438,000
Monthly over 25 years at 3.7%
AED 4,480

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