511, LOCI Residences
Sold prices and rental history: sold twice, last in May 2024, and rented once, from September 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 511, LOCI Residences
What is 511 worth today?
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Source: Dubai Land Department. Updated 20 September 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 514 sqft
- Floor
- 5th of 5
- Parking
- G-43
- Developer
- Lootah Real Estate Development
- Completed
- 2023
- Last sold
- AED 700K · May 2024
- Building
- LOCI Residences
About 511, LOCI Residences
511 is a one-bedroom apartment of 514 sqft on the 5th floor of LOCI Residences, a 5-storey tower in Jumeirah Village Circle (JVC) completed in 2023 by Lootah Real Estate Development. It last sold on 28 May 2024 for AED 700,000, or AED 1,358 per sqft, 24% above the AED 1,099 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 20 September 2024. The current contract, signed on 20 September 2024, is AED 81,000 a year: a gross yield of 11.6% on the 2024 price.
Sales and rents for 511 over time
511 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in LOCI Residences, and where 511 sits
All 36 1-beds →511 last sold in May 2024 at AED 1,358 per sqft, 24% above what one-beds in LOCI Residences were fetching at the time (AED 1,099). Over the last 12 months one-beds sold for AED 813,700 to 1,850,000, around AED 1,006 per sqft, and rent for AED 38,000 to 105,000 a year. 511's AED 81,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Sep 202610 September 2026 | 874 sqft | 880,000 | 1,006 | ||
| 21 Jul 202621 July 2026 | 520 sqft | 813,700 | 1,563 | ||
| 3 Dec 20253 December 2025 | 1,272 sqft | 1,850,000 | 1,454 | ||
| 27 Nov 202527 November 2025 | 1,272 sqft | 1,080,000 | 849 |
LOCI Residences
Building114 apartments, studios to 2-bed over 5 floors in Jumeirah Village Circle (JVC), completed in 2023 by Lootah Real Estate Development. 12 sold in the last 12 months.
- Typical price per sqft
- AED 1,199 Down 7.6%
- Typical sale
- AED 978K
- Typical rent
- AED 65K /yr
- Typical yield
- 8.6%
Other units on the 5th floor
All 114 units in LOCI Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 974 sqft | AED 1MAED 1,000,000 · Apr 2024April 2024 | ||
| 502 | 1-bed | 709 sqft | AED 741KAED 741,489 · Jan 2023January 2023 | ||
| 503 | 1-bed | 758 sqft | AED 816KAED 815,886 · Feb 2024February 2024 | ||
| 504 | Studio | 417 sqft | AED 438KAED 438,397 · Sep 2022September 2022 | ||
| 505 | 2-bed | 1,019 sqft | AED 926KAED 926,281 · Sep 2023September 2023 | 90,000 /yr | |
| 506 | 1-bed | 507 sqft | AED 519KAED 519,455 · Mar 2023March 2023 | 63,000 /yr | |
| 507 | 1-bed | 520 sqft | AED 814KAED 813,700 · Jul 2026July 2026 | 70,810 /yr | |
| 508 | 1-bed | 667 sqft | AED 830KAED 830,000 · Aug 2024August 2024 | ||
| 509 | 1-bed | 516 sqft | AED 529KAED 528,831 · May 2024May 2024 | ||
| 510 | 1-bed | 518 sqft | AED 521KAED 520,525 · Oct 2022October 2022 | 60,000 /yr | |
| 512 | 1-bed | 521 sqft | AED 670KAED 670,000 · Sep 2024September 2024 | ||
| 513 | 1-bed | 670 sqft | AED 810KAED 810,000 · Jun 2024June 2024 | ||
| 514 | 1-bed | 516 sqft | AED 680KAED 680,000 · Mar 2024March 2024 | 73,500 /yr | |
| 515 | 1-bed | 671 sqft | AED 840KAED 840,000 · Aug 2024August 2024 | 70,000 /yr |
511, LOCI Residences in numbers
- Sold twice: first on 28 November 2023 for AED 592,559, last on 28 May 2024 for AED 700,000 (AED 1,358 per sqft).
- Rented since September 2024 on one Ejari contract, at AED 81,000 a year.
- At AED 81,000 a year the gross yield on the 2024 price is 11.6%.
- One-beds in LOCI Residences sold for AED 813,700–1,850,000 in the 12 months to November 2026; the building's median across all types is AED 1,199 per sqft.
Source: Dubai Land Department. Updated 20 September 2024.
Questions about 511, LOCI Residences
What did unit 511 last sell for?
AED 700,000 on 28 May 2024: AED 1,358 per sqft for 514 sqft. The unit has 2 registered sales; the first was AED 592,559 in November 2023.
What is the rent for unit 511?
AED 81,000 a year on the contract signed on 20 September 2024.
How big is unit 511?
514 sqft (47.8 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2023.
What is unit 511 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in LOCI Residences sold for AED 813,700 to 1,850,000 in the last 12 months, around AED 1,006 per sqft.
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Mortgage on 511, LOCI Residences
Starts from the last sale price (AED 700K, 28 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 700,000
- Deposit, UAE resident (20%)
- AED 140,000
- Deposit, non-resident (40%)
- AED 280,000
- Monthly over 25 years at 3.7%
- AED 2,864
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →