1-bed · 1,001 sqftDana Tower, Jumeirah Village Circle (JVC) · 5th floor · completed 2013

507, Dana Tower

Sold prices and rental history: sold twice, last in March 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 1 November 2020
Last soldAED 737K16 March 2014
Current rentAED 35K /yr1 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Dana Tower

What is 507 worth today?

Last sold for AED 736,916 in 2014

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1 Nov 2020RentedNew contract
AED 35,000/yr13 months · AED 35 per sqft
15 Jun 2019RentedRenewal
AED 48,000/yr12 months · AED 48 per sqft
15 Jun 2018RentedNew contract
AED 48,000/yr12 months · AED 48 per sqft
6 May 2017RentedRenewal
AED 65,000/yr12 months · AED 65 per sqft
6 May 2016RentedRenewal
AED 65,000/yr12 months · AED 65 per sqft
6 May 2015RentedNew contract
AED 65,000/yr12 months · AED 65 per sqft
16 Mar 2014SoldReady
AED 736,916AED 736 per sqft
21 Sep 2013Sold by developerOff-plan
AED 736,916AED 736 per sqft

Source: Dubai Land Department. Updated 1 November 2020.

Key facts

Type
1-bed apartment
Size
1,001 sqft
Floor
5th of 19
Parking
B3-38
Developer
Tiger Properties
Completed
2013
Service charge
AED 20,600 /yr
Last sold
AED 737K · March 2014
Building
Dana Tower

About 507, Dana Tower

507 is a one-bedroom apartment of 1,001 sqft on the 5th floor of Dana Tower, a 19-storey tower in Jumeirah Village Circle (JVC) completed in 2013 by Tiger Properties. It last sold on 16 March 2014 for AED 736,916, or AED 736 per sqft, 5% below the AED 776 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 1 November 2020, is AED 35,000 a year: a gross yield of 4.8% on the 2014 price, before the service charge of about AED 20,600 a year.

Sales and rents for 507 over time

Sales
Unit 507, each saleTypical one-bed in Dana Tower
250K500K750K2009201420192024Typical sale price by year: 2009 AED 772,533; 2013 AED 621,296; 2014 AED 615,000; 2015 AED 715,000; 2016 AED 550,000; 2017 AED 605,000; 2018 AED 549,000; 2019 AED 373,500; 2021 AED 250,000; 2022 AED 400,000; 2023 AED 485,000; 2024 AED 575,000; 2025 AED 650,000; 2026 AED 600,000Sold by developer, September 2013: AED 736,916 (AED 736 per sqft)Sold, March 2014: AED 736,916 (AED 736 per sqft)

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

Rents
Unit 507, each contractTypical one-bed in Dana Tower
40K60K2014201820222026Typical rent by year: 2014 AED 60,000; 2015 AED 60,000; 2016 AED 60,000; 2017 AED 60,000; 2018 AED 53,000; 2019 AED 45,000; 2020 AED 37,000; 2021 AED 32,000; 2022 AED 35,000; 2023 AED 42,500; 2024 AED 52,180; 2025 AED 56,000; 2026 AED 57,600New contract, May 2015: AED 65,000 a yearRenewal, May 2016: AED 65,000 a yearRenewal, May 2017: AED 65,000 a yearNew contract, June 2018: AED 48,000 a yearRenewal, June 2019: AED 48,000 a yearNew contract, November 2020: AED 35,000 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 Dana Tower, and where 507 sits

All 94 1-beds →

507 last sold in March 2014 at AED 736 per sqft, 5% below what one-beds in Dana Tower were fetching at the time (AED 776). Over the last 12 months one-beds sold for AED 446,143 to 750,000, around AED 844 per sqft, and rent for AED 40,000 to 108,000 a year. 507's AED 35,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
1 Oct 2026650,000
18 Sep 2026550,000
18 Sep 2026630,000
27 Aug 2026600,000
9 1-bed sales in the last 12 months

Dana Tower

Building

151 apartments, studios to 2-bed over 19 floors in Jumeirah Village Circle (JVC), completed in 2013 by Tiger Properties. 13 sold in the last 12 months.

Typical price per sqft
AED 845 Up 10.0%
Typical sale
AED 630K
Typical rent
AED 65K /yr
Typical yield
9.4%
Dana Tower, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 5th floor

All 151 units in Dana Tower
Value
5011-bedAED 487K · Aug 2022
5021-bedAED 570K · Nov 2024
5031-bedAED 365K · Dec 2022
5042-bedAED 980K · Mar 2026
5051-bedAED 593K · Nov 2014
5061-bedAED 490K · Jul 2024
5081-bedAED 700K · Mar 2017

507, Dana Tower in numbers

  • Sold twice: first on 21 September 2013 for AED 736,916, last on 16 March 2014 for AED 736,916 (AED 736 per sqft).
  • Rented since May 2015 on 6 Ejari contracts, from AED 65,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2014 price is 4.8%, before a service charge of about AED 20,600 a year (AED 20.62 per sqft).
  • One-beds in Dana Tower sold for AED 446,143–750,000 in the 12 months to November 2026; the building's median across all types is AED 845 per sqft.

Source: Dubai Land Department. Updated 1 November 2020.

Questions about 507, Dana Tower

What did unit 507 last sell for?

AED 736,916 on 16 March 2014: AED 736 per sqft for 1,001 sqft. The unit has 2 registered sales; the first was AED 736,916 in September 2013.

What is the rent for unit 507?

AED 35,000 a year on the contract signed on 1 November 2020. The previous contract, from June 2019, was AED 48,000; the unit has been rented since May 2015.

How big is unit 507?

1,001 sqft (93.0 sqm): a one-bedroom apartment on the 5th floor of a 19-storey tower completed in 2013.

What is unit 507 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Dana Tower sold for AED 446,143 to 750,000 in the last 12 months, around AED 844 per sqft.

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Mortgage on 507, Dana Tower

Starts from the last sale price (AED 737K, 16 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 736,916
Deposit, UAE resident (20%)
AED 147,383
Deposit, non-resident (40%)
AED 294,766
Monthly over 25 years at 3.7%
AED 3,015

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