1-bed · 1,309 sqftCBD 32 Classic Apartment, International City · 5th floor · completed 2010

505, CBD 32 Classic Apartment

Sold prices and rental history: sold twice, last in January 2018, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 1 September 2022
Last soldAED 730K28 January 2018
Current rentAED 48K /yr1 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, CBD 32 Classic Apartment

What is 505 worth today?

Last sold for AED 730,000 in 2018

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1 Sep 2022RentedNew contract
AED 48,000/yr12 months · AED 37 per sqft
1 Jul 2021RentedRenewal
AED 32,000/yr12 months · AED 24 per sqft
1 Jul 2020RentedRenewal
AED 40,000/yr12 months · AED 30 per sqft
1 Jul 2019RentedRenewal
AED 56,000/yr12 months · AED 43 per sqft
1 Jul 2018RentedNew contract
AED 56,000/yr12 months · AED 43 per sqft
28 Jan 2018SoldReady
AED 730,000AED 557 per sqft
22 Jul 2017RentedNew contract
AED 70,000/yr12 months · AED 53 per sqft
1 May 2016RentedRenewal
AED 71,500/yr12 months · AED 54 per sqft

Source: Dubai Land Department. Updated 1 September 2022.

Key facts

Type
1-bed apartment
Size
1,309 sqft
Floor
5th of 10
Parking
G-38
Developer
Sheffield Real Estate
Completed
2010
Service charge
AED 13,500 /yr
Last sold
AED 730K · January 2018

About 505, CBD 32 Classic Apartment

505 is a one-bedroom apartment of 1,309 sqft on the 5th floor of CBD 32 Classic Apartment, a 10-storey tower in International City completed in 2010 by Sheffield Real Estate. It last sold on 28 January 2018 for AED 730,000, or AED 557 per sqft, 13% below the AED 639 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, signed on 1 September 2022, is AED 48,000 a year: a gross yield of 6.6% on the 2018 price, before the service charge of about AED 13,500 a year.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical one-bed in CBD 32 Classic Apartment
500K750K2009201420192024Typical sale price by year: 2009 AED 654,590; 2010 AED 631,720; 2011 AED 613,140; 2012 AED 642,940; 2013 AED 367,900; 2014 AED 600,000; 2015 AED 620,000; 2016 AED 650,000; 2017 AED 594,560; 2018 AED 630,000; 2019 AED 427,500; 2020 AED 350,000; 2021 AED 500,000; 2022 AED 400,350; 2023 AED 415,000; 2024 AED 518,343; 2025 AED 587,500; 2026 AED 595,000Sold by developer, November 2011: AED 850,850 (AED 650 per sqft)Sold, January 2018: AED 730,000 (AED 557 per sqft)

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

Rents
Unit 505, each contractTypical one-bed in CBD 32 Classic Apartment
40K60K2012201620202024Typical rent by year: 2012 AED 34,000; 2013 AED 38,000; 2014 AED 44,000; 2015 AED 50,000; 2016 AED 50,000; 2017 AED 49,000; 2018 AED 45,000; 2019 AED 40,000; 2020 AED 33,000; 2021 AED 30,000; 2022 AED 31,000; 2023 AED 35,000; 2024 AED 38,785; 2025 AED 45,000; 2026 AED 47,250New contract, May 2012: AED 45,000 a yearRenewal, May 2013: AED 50,000 a yearRenewal, May 2014: AED 60,000 a yearRenewal, May 2015: AED 68,000 a yearRenewal, May 2016: AED 71,500 a yearNew contract, July 2017: AED 70,000 a yearNew contract, July 2018: AED 56,000 a yearRenewal, July 2019: AED 56,000 a yearRenewal, July 2020: AED 40,000 a yearRenewal, July 2021: AED 32,000 a yearNew contract, September 2022: AED 48,000 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 CBD 32 Classic Apartment, and where 505 sits

All 140 1-beds →

505 last sold in January 2018 at AED 557 per sqft, 13% below what one-beds in CBD 32 Classic Apartment were fetching at the time (AED 639). Over the last 12 months one-beds sold for AED 433,000 to 700,000, around AED 592 per sqft, and rent for AED 37,200 to 76,000 a year. 505's AED 48,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
21 Oct 2026600,000
21 Oct 2026570,000
8 Sep 2026620,000
13 Aug 2026580,000
33 1-bed sales in the last 12 months

CBD 32 Classic Apartment

Building

140 apartments, 1-bed over 10 floors in International City, completed in 2010 by Sheffield Real Estate. 33 sold in the last 12 months.

Typical price per sqft
AED 592 Up 9.6%
Typical sale
AED 595K
Typical rent
AED 47K /yr
Typical yield
8.2%
CBD 32 Classic Apartment, International City: prices, sales and rents →

Other units on the 5th floor

All 140 units in CBD 32 Classic Apartment
Value
5011-bedAED 570K · Nov 2011
5021-bedAED 433K · Jan 2026
5031-bedAED 540K · Dec 2017
5041-bedAED 585K · Apr 2012
5061-bedAED 615K · Apr 2015
5071-bedAED 550K · Apr 2021
5081-bedAED 250K · Sep 2024
1–7 of 13

505, CBD 32 Classic Apartment in numbers

  • Sold twice: first on 2 November 2011 for AED 850,850, last on 28 January 2018 for AED 730,000 (AED 557 per sqft).
  • Rented since May 2012 on 11 Ejari contracts. The rent fell from AED 45,000 to AED 32,000 in 2021 and recovered to AED 48,000 by September 2022.
  • At AED 48,000 a year the gross yield on the 2018 price is 6.6%, before a service charge of about AED 13,500 a year (AED 10.35 per sqft).
  • One-beds in CBD 32 Classic Apartment sold for AED 433,000–700,000 in the 12 months to November 2026; the building's median across all types is AED 592 per sqft.

Source: Dubai Land Department. Updated 1 September 2022.

Questions about 505, CBD 32 Classic Apartment

What did unit 505 last sell for?

AED 730,000 on 28 January 2018: AED 557 per sqft for 1,309 sqft. The unit has 2 registered sales; the first was AED 850,850 in November 2011.

What is the rent for unit 505?

AED 48,000 a year on the contract signed on 1 September 2022. The previous contract, from July 2021, was AED 32,000; the unit has been rented since May 2012.

How big is unit 505?

1,309 sqft (121.6 sqm): a one-bedroom apartment on the 5th floor of a 10-storey tower completed in 2010.

What is unit 505 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in CBD 32 Classic Apartment sold for AED 433,000 to 700,000 in the last 12 months, around AED 592 per sqft.

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Mortgage on 505, CBD 32 Classic Apartment

Starts from the last sale price (AED 730K, 28 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 730,000
Deposit, UAE resident (20%)
AED 146,000
Deposit, non-resident (40%)
AED 292,000
Monthly over 25 years at 3.7%
AED 2,987

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