506, Rise Residences
Sold prices and rental history: sold once, by the developer in January 2024, and rented once, from June 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Rise Residences
What is 506 worth today?
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Source: Dubai Land Department. Updated 3 June 2026.
Key facts
- Type
- Studio apartment
- Size
- 415 sqft
- Floor
- 5th of 11
- Parking
- 1
- Developer
- S and S Real Estate Development
- Last sold
- AED 533K · January 2024
- Building
- Rise Residences
About 506, Rise Residences
506 is a studio of 415 sqft on the 5th floor of Rise Residences, a 11-storey tower in Jumeirah Village Circle (JVC) by S and S Real Estate Development . The developer sold it on 6 January 2024 for AED 533,451, or AED 1,284 per sqft, in line with the AED 1,282 studios in the building were fetching at the time.
One Ejari contract is registered, from 3 June 2026. The current contract, signed on 3 June 2026, is AED 58,000 a year: a gross yield of 10.9% on the 2024 price.
Sales and rents for 506 over time
506 has sold once; the dashed line is the studio median of each year in the building.
Studios in Rise Residences, and where 506 sits
All 49 studios →506 last sold in January 2024 at AED 1,284 per sqft, in line with what studios in Rise Residences were fetching at the time (AED 1,282). Over the last 12 months studios sold for AED 541,411 to 655,000, around AED 1,514 per sqft, and rent for AED 40,000 to 60,000 a year. 506's AED 58,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Oct 202614 October 2026 | 400 sqft | 600,000 | 1,500 | ||
| 2 Oct 20262 October 2026 | 405 sqft | 580,000 | 1,433 | ||
| 25 Jun 202625 June 2026 | 400 sqft | 650,000 | 1,625 | ||
| 16 Jun 202616 June 2026 | 422 sqft | 617,500 | 1,461 |
Rise Residences
Building173 apartments, studios to 2-bed over 11 floors in Jumeirah Village Circle (JVC) by S and S Real Estate Development . 50 sold in the last 12 months.
- Typical price per sqft
- AED 1,267 Up 4.4%
- Typical sale
- AED 850K
- Typical rent
- AED 62K /yr
- Typical yield
- 7.6%
Other units on the 5th floor
All 173 units in Rise Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | Studio | 397 sqft | AED 547KAED 546,690 · Aug 2025August 2025 | 44,000 /yr | |
| 502 | 1-bed | 648 sqft | AED 807KAED 806,744 · Jul 2024July 2024 | 60,000 /yr | |
| 503 | Studio | 422 sqft | AED 640KAED 640,000 · Feb 2026February 2026 | 53,000 /yr | |
| 504 | 1-bed | 692 sqft | AED 780KAED 779,875 · Jan 2024January 2024 | ||
| 505 | 1-bed | 678 sqft | AED 860KAED 860,000 · Sep 2026September 2026 | ||
| 507 | 2-bed | 1,107 sqft | AED 1.12MAED 1,120,000 · Mar 2024March 2024 | 92,000 /yr | |
| 508 | 1-bed | 679 sqft | AED 757KAED 756,918 · Feb 2024February 2024 | 60,000 /yr | |
| 509 | 1-bed | 707 sqft | AED 774KAED 773,886 · May 2024May 2024 | ||
| 510 | 1-bed | 712 sqft | AED 783KAED 783,482 · May 2024May 2024 | 65,000 /yr | |
| 511 | 1-bed | 709 sqft | AED 784KAED 784,383 · May 2024May 2024 | ||
| 512 | 1-bed | 700 sqft | AED 888KAED 888,000 · Jul 2026July 2026 | ||
| 513 | 1-bed | 698 sqft | AED 865KAED 865,000 · Aug 2026August 2026 | 65,000 /yr | |
| 514 | 1-bed | 687 sqft | AED 750KAED 750,000 · Mar 2024March 2024 | 63,000 /yr | |
| 515 | Studio | 400 sqft | AED 537KAED 537,234 · Feb 2024February 2024 | 45,000 /yr | |
| 516 | Studio | 421 sqft | AED 541KAED 541,411 · Mar 2024March 2024 |
506, Rise Residences in numbers
- Sold once: by S and S Real Estate Development on 6 January 2024 for AED 533,451, or AED 1,284 per sqft.
- Rented since June 2026 on one Ejari contract, at AED 58,000 a year.
- At AED 58,000 a year the gross yield on the 2024 price is 10.9%.
- Studios in Rise Residences sold for AED 541,411–655,000 in the 12 months to November 2026; the building's median across all types is AED 1,267 per sqft.
Source: Dubai Land Department. Updated 3 June 2026.
Questions about 506, Rise Residences
What did unit 506 last sell for?
AED 533,451 on 6 January 2024, sold by the developer: AED 1,284 per sqft for 415 sqft. It is the only registered sale of the unit.
What is the rent for unit 506?
AED 58,000 a year on the contract signed on 3 June 2026.
How big is unit 506?
415 sqft (38.6 sqm): a studio on the 5th floor of a 11-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. Studios in Rise Residences sold for AED 541,411 to 655,000 in the last 12 months, around AED 1,514 per sqft.
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Mortgage on 506, Rise Residences
Starts from the last sale price (AED 533K, 6 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 533,451
- Deposit, UAE resident (20%)
- AED 106,690
- Deposit, non-resident (40%)
- AED 213,380
- Monthly over 25 years at 3.7%
- AED 2,183
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →