506, Sydney Tower
Sold prices and rental history: sold once, by the developer in November 2023, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Sydney Tower
What is 506 worth today?
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Source: Dubai Land Department. Updated 22 July 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 667 sqft
- Floor
- 5th of 20
- Parking
- P1-41
- Last sold
- AED 780K · November 2023
- Building
- Sydney Tower
About 506, Sydney Tower
506 is a one-bedroom apartment of 667 sqft on the 5th floor of Sydney Tower, a 20-storey tower in Jumeirah Village Circle (JVC). The developer sold it on 28 November 2023 for AED 780,000, or AED 1,168 per sqft, 14% above the AED 1,027 one-beds in the building were fetching at the time.
It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 22 July 2024, is AED 65,000 a year: a gross yield of 8.3% on the 2023 price.
Sales and rents for 506 over time
506 has sold once; 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 Sydney Tower, and where 506 sits
All 95 1-beds →506 last sold in November 2023 at AED 1,168 per sqft, 14% above what one-beds in Sydney Tower were fetching at the time (AED 1,027). Over the last 12 months one-beds sold for AED 780,000 to 937,500, around AED 1,231 per sqft, and rent for AED 50,000 to 85,000 a year. 506's AED 65,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Nov 20264 November 2026 | 667 sqft | 895,000 | 1,340 | ||
| 4 Nov 20264 November 2026 | 725 sqft | 936,000 | 1,291 | ||
| 17 Jul 202617 July 2026 | 750 sqft | 780,000 | 1,040 | ||
| 17 Jul 202617 July 2026 | 713 sqft | 780,000 | 1,094 |
Sydney Tower
Building156 apartments, studios to 2-bed over 20 floors in Jumeirah Village Circle (JVC). 24 sold in the last 12 months.
- Typical price per sqft
- AED 1,165 Down 5.1%
- Typical sale
- AED 916K
- Typical rent
- AED 73K /yr
- Typical yield
- 7.7%
Other units on the 5th floor
All 156 units in Sydney Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,117 sqft | AED 1.24MAED 1,240,000 · Nov 2025November 2025 | 105,000 /yr | |
| 502 | 1-bed | 713 sqft | No registered sale | 75,000 /yr | |
| 503 | 1-bed | 725 sqft | No registered sale | 72,500 /yr | |
| 504 | 1-bed | 796 sqft | No registered sale | 60,000 /yr | |
| 505 | 1-bed | 750 sqft | AED 770KAED 770,000 · Nov 2023November 2023 | 60,000 /yr | |
| 507 | 2-bed | 1,128 sqft | AED 1.34MAED 1,335,000 · Jun 2025June 2025 | 100,000 /yr | |
| 508 | Studio | 388 sqft | AED 445KAED 445,000 · May 2023May 2023 | 34,000 /yr |
506, Sydney Tower in numbers
- Sold once: by the developer on 28 November 2023 for AED 780,000, or AED 1,168 per sqft.
- Rented since December 2018 on 2 Ejari contracts, from AED 50,000 to AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2023 price is 8.3%.
- One-beds in Sydney Tower sold for AED 780,000–937,500 in the 12 months to November 2026; the building's median across all types is AED 1,165 per sqft.
Source: Dubai Land Department. Updated 22 July 2024.
Questions about 506, Sydney Tower
What did unit 506 last sell for?
AED 780,000 on 28 November 2023, sold by the developer: AED 1,168 per sqft for 667 sqft. It is the only registered sale of the unit.
What is the rent for unit 506?
AED 65,000 a year on the contract signed on 22 July 2024. The previous contract, from December 2018, was AED 50,000.
How big is unit 506?
667 sqft (62.0 sqm): a one-bedroom apartment on the 5th floor of a 20-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. One-beds in Sydney Tower sold for AED 780,000 to 937,500 in the last 12 months, around AED 1,231 per sqft.
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Mortgage on 506, Sydney Tower
Starts from the last sale price (AED 780K, 28 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 780,000
- Deposit, UAE resident (20%)
- AED 156,000
- Deposit, non-resident (40%)
- AED 312,000
- Monthly over 25 years at 3.7%
- AED 3,191
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →