508, V1TER Residence
Sold prices and rental history: sold once, by the developer in November 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, V1TER Residence
What is 508 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 23 November 2023.
Key facts
- Type
- Studio apartment
- Size
- 378 sqft
- Floor
- 5th of 22
- Parking
- 1
- Developer
- Object One Real Estate Development
- Last sold
- AED 516K · November 2023
- Building
- V1TER Residence
About 508, V1TER Residence
508 is a studio of 378 sqft on the 5th floor of V1TER Residence, a 22-storey tower in Jumeirah Village Circle (JVC) by Object One Real Estate Development . The developer sold it on 23 November 2023 for AED 515,501, or AED 1,364 per sqft, 3% below the AED 1,408 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 508 over time
508 has sold once; the dashed line is the studio median of each year in the building.
Studios in V1TER Residence, and where 508 sits
All 29 studios →508 last sold in November 2023 at AED 1,364 per sqft, 3% below what studios in V1TER Residence were fetching at the time (AED 1,408). Over the last 12 months studios sold for AED 483,046 to 600,000, around AED 1,316 per sqft, and rent for AED 46,000 to 46,000 a year.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Jul 20264 July 2026 | 392 sqft | 551,668 | 1,408 | ||
| 17 Feb 202617 February 2026 | 392 sqft | 513,271 | 1,310 | ||
| 23 Jan 202623 January 2026 | 392 sqft | 600,000 | 1,531 | ||
| 15 Jan 202615 January 2026 | 378 sqft | 499,651 | 1,322 |
V1TER Residence
Building142 apartments, studios to 3-bed over 22 floors in Jumeirah Village Circle (JVC) by Object One Real Estate Development . 32 sold in the last 12 months.
- Typical price per sqft
- AED 1,300 Down 2.4%
- Typical sale
- AED 874K
- Typical rent
- AED 46K /yr
- Typical yield
- 9.0%
Other units on the 5th floor
All 142 units in V1TER Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,017 sqft | AED 1.24MAED 1,240,330 · Nov 2023November 2023 | ||
| 502 | 2-bed | 1,036 sqft | AED 1.24MAED 1,240,330 · Nov 2023November 2023 | ||
| 503 | 1-bed | 678 sqft | AED 881KAED 880,771 · Jun 2026June 2026 | ||
| 504 | Studio | 392 sqft | AED 552KAED 551,668 · Jul 2026July 2026 | ||
| 505 | 1-bed | 684 sqft | AED 957KAED 956,825 · May 2024May 2024 | ||
| 506 | 1-bed | 638 sqft | AED 860KAED 860,176 · Feb 2025February 2025 | ||
| 507 | 1-bed | 684 sqft | AED 911KAED 911,043 · May 2024May 2024 | ||
| 509 | 1-bed | 682 sqft | AED 977KAED 976,713 · May 2025May 2025 |
508, V1TER Residence in numbers
- Sold once: by Object One Real Estate Development on 23 November 2023 for AED 515,501, or AED 1,364 per sqft.
- Studios in V1TER Residence sold for AED 483,046–600,000 in the 12 months to November 2026; the building's median across all types is AED 1,300 per sqft.
Source: Dubai Land Department. Updated 23 November 2023.
Questions about 508, V1TER Residence
What did unit 508 last sell for?
AED 515,501 on 23 November 2023, sold by the developer: AED 1,364 per sqft for 378 sqft. It is the only registered sale of the unit.
How big is unit 508?
378 sqft (35.1 sqm): a studio on the 5th floor of a 22-storey tower.
What is unit 508 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in V1TER Residence sold for AED 483,046 to 600,000 in the last 12 months, around AED 1,316 per sqft.
Selling 508? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 508, V1TER Residence
Starts from the last sale price (AED 516K, 23 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 515,501
- Deposit, UAE resident (20%)
- AED 103,100
- Deposit, non-resident (40%)
- AED 206,200
- Monthly over 25 years at 3.7%
- AED 2,109
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →