Studio · 438 sqftBNH Smart Tower 1, International City Phase 2 & 3 · 5th floor

503, BNH Smart Tower 1

Sold prices and rental history: sold once, by the developer in January 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 8 March 2024
Last soldAED 315K30 January 2024
Current rentAED 27K /yr8 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, BNH Smart Tower 1

What is 503 worth today?

Last sold for AED 315,000 in 2024

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8 Mar 2024RentedNew contract
AED 27,000/yr12 months · AED 62 per sqft
30 Jan 2024Sold by developerReady
AED 315,000AED 719 per sqft
13 Sep 2020RentedNew contract
AED 24,000/yr12 months · AED 55 per sqft
7 Jan 2020RentedNew contract
AED 28,075/yr13 months · AED 64 per sqft

Source: Dubai Land Department. Updated 8 March 2024.

Key facts

Type
Studio apartment
Size
438 sqft
Floor
5th of 5
Parking
G-38
Service charge
AED 5,400 /yr
Last sold
AED 315K · January 2024

About 503, BNH Smart Tower 1

503 is a studio of 438 sqft on the 5th floor of BNH Smart Tower 1, a 5-storey tower in International City Phase 2 & 3. The developer sold it on 30 January 2024 for AED 315,000, or AED 719 per sqft, 5% below the AED 753 studios in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 8 March 2024, is AED 27,000 a year: a gross yield of 8.6% on the 2024 price, before the service charge of about AED 5,400 a year.

Sales and rents for 503 over time

Sales
Unit 503, each saleTypical studio in BNH Smart Tower 1
250K300K202020222024Typical sale price by year: 2020 AED 266,779; 2023 AED 255,000; 2024 AED 312,196Sold by developer, January 2024: AED 315,000 (AED 719 per sqft)

503 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 503, each contractTypical studio in BNH Smart Tower 1
20K30K20192021202320252027Typical rent by year: 2019 AED 26,000; 2020 AED 25,000; 2021 AED 20,000; 2022 AED 21,000; 2023 AED 24,000; 2024 AED 27,610; 2025 AED 32,000; 2026 AED 32,000New contract, January 2020: AED 28,075 a yearNew contract, September 2020: AED 24,000 a yearNew contract, March 2024: AED 27,000 a year

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

Studios in BNH Smart Tower 1, and where 503 sits

All 40 studios →

503 last sold in January 2024 at AED 719 per sqft, 5% below what studios in BNH Smart Tower 1 were fetching at the time (AED 753). Over the last 12 months studios sold for AED 340,000, around AED 843 per sqft, and rent for AED 27,500 to 46,800 a year. 503's AED 27,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
29 Jul 2026340,000
2 Jun 2025355,000
5 Nov 2024340,000
19 Sep 2024300,000
1 studio sale in the last 12 months

BNH Smart Tower 1

Building

97 apartments, studios to 1-bed over 5 floors in International City Phase 2 & 3. 4 sold in the last 12 months.

Typical price per sqft
AED 893
Typical sale
AED 565K
Typical rent
AED 39K /yr
Typical yield
7.8%
BNH Smart Tower 1, International City Phase 2 & 3: prices, sales and rents →

Other units on the 5th floor

All 97 units in BNH Smart Tower 1
Value
5011-bedAED 788K · Sep 2024
5021-bedAED 380K · Jun 2023
504StudioAED 315K · May 2024
505StudioAED 379K · Aug 2024
5061-bedAED 570K · Aug 2024
507StudioAED 335K · Feb 2024
5081-bedAED 415K · Oct 2024
1–7 of 9

503, BNH Smart Tower 1 in numbers

  • Sold once: by the developer on 30 January 2024 for AED 315,000, or AED 719 per sqft.
  • Rented since January 2020 on 3 Ejari contracts. The rent fell from AED 28,075 to AED 24,000 in 2020 and recovered to AED 27,000 by March 2024.
  • At AED 27,000 a year the gross yield on the 2024 price is 8.6%, before a service charge of about AED 5,400 a year (AED 12.37 per sqft).
  • Studios in BNH Smart Tower 1 sold for AED 340,000–340,000 in the 12 months to November 2026; the building's median across all types is AED 893 per sqft.

Source: Dubai Land Department. Updated 8 March 2024.

Questions about 503, BNH Smart Tower 1

What did unit 503 last sell for?

AED 315,000 on 30 January 2024, sold by the developer: AED 719 per sqft for 438 sqft. It is the only registered sale of the unit.

What is the rent for unit 503?

AED 27,000 a year on the contract signed on 8 March 2024. The previous contract, from September 2020, was AED 24,000; the unit has been rented since January 2020.

How big is unit 503?

438 sqft (40.7 sqm): a studio on the 5th floor of a 5-storey tower.

What is unit 503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in BNH Smart Tower 1 sold for AED 340,000 to 340,000 in the last 12 months, around AED 843 per sqft.

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Mortgage on 503, BNH Smart Tower 1

Starts from the last sale price (AED 315K, 30 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 315,000
Deposit, UAE resident (20%)
AED 63,000
Deposit, non-resident (40%)
AED 126,000
Monthly over 25 years at 3.7%
AED 1,289

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