506, 02 Residence
Sold prices and rental history: sold once, by the developer in November 2025, and rented once, from April 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, 02 Residence
What is 506 worth today?
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Source: Dubai Land Department. Updated 18 April 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,179 sqft
- Floor
- 5th of 6
- Parking
- G-09
- Last sold
- AED 1.45M · November 2025
- Building
- 02 Residence
About 506, 02 Residence
506 is a two-bedroom apartment of 1,179 sqft on the 5th floor of 02 Residence, a 6-storey tower in Jumeirah Village Triangle (JVT). The developer sold it on 14 November 2025 for AED 1,450,000, or AED 1,230 per sqft, 7% below the AED 1,318 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 18 April 2026. The current contract, signed on 18 April 2026, is AED 105,000 a year: a gross yield of 7.2% on the 2025 price.
Sales and rents for 506 over time
506 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in 02 Residence, and where 506 sits
All 53 2-beds →506 last sold in November 2025 at AED 1,230 per sqft, 7% below what two-beds in 02 Residence were fetching at the time (AED 1,318). Over the last 12 months two-beds sold for AED 1,450,000 to 1,700,000, around AED 1,365 per sqft, and rent for AED 105,000 to 130,000 a year. 506's AED 105,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Sep 202612 September 2026 | 1,222 sqft | 1,675,000 | 1,370 | ||
| 12 Jun 202612 June 2026 | 1,210 sqft | 1,700,000 | 1,405 | ||
| 25 Mar 202625 March 2026 | 1,187 sqft | 1,700,000 | 1,432 | ||
| 14 Jan 202614 January 2026 | 1,187 sqft | 1,650,000 | 1,390 |
02 Residence
Building82 apartments, 1-bed to 2-bed over 6 floors in Jumeirah Village Triangle (JVT). 23 sold in the last 12 months.
- Typical price per sqft
- AED 1,355 Up 2.8%
- Typical sale
- AED 1.6M
- Typical rent
- AED 82K /yr
- Typical yield
- 7.2%
Other units on the 5th floor
All 82 units in 02 Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 769 sqft | AED 1.15MAED 1,150,000 · Nov 2025November 2025 | 80,000 /yr | |
| 502 | 1-bed | 759 sqft | AED 1.15MAED 1,150,000 · Sep 2025September 2025 | 75,000 /yr | |
| 503 | 2-bed | 1,212 sqft | AED 1.8MAED 1,800,000 · Sep 2025September 2025 | ||
| 504 | 2-bed | 1,240 sqft | AED 1.8MAED 1,800,000 · Aug 2025August 2025 | ||
| 505 | 2-bed | 1,177 sqft | AED 1.45MAED 1,450,000 · Nov 2025November 2025 | ||
| 507 | 1-bed | 854 sqft | AED 1.1MAED 1,100,000 · Sep 2025September 2025 | ||
| 508 | 2-bed | 1,224 sqft | AED 1.75MAED 1,750,000 · Oct 2025October 2025 | 130,000 /yr | |
| 509 | 2-bed | 1,174 sqft | AED 1.65MAED 1,650,000 · Dec 2025December 2025 | 118,000 /yr | |
| 510 | 2-bed | 1,187 sqft | AED 1.65MAED 1,650,000 · Jan 2026January 2026 | ||
| 511 | 2-bed | 1,187 sqft | AED 1.7MAED 1,700,000 · Mar 2026March 2026 | 110,000 /yr | |
| 512 | 2-bed | 1,165 sqft | AED 1.65MAED 1,650,000 · Dec 2025December 2025 | ||
| 513 | 1-bed | 818 sqft | AED 1.1MAED 1,100,000 · Sep 2026September 2026 | ||
| 514 | 1-bed | 802 sqft | AED 1.05MAED 1,050,000 · Jul 2025July 2025 |
506, 02 Residence in numbers
- Sold once: by the developer on 14 November 2025 for AED 1,450,000, or AED 1,230 per sqft.
- Rented since April 2026 on one Ejari contract, at AED 105,000 a year.
- At AED 105,000 a year the gross yield on the 2025 price is 7.2%.
- Two-beds in 02 Residence sold for AED 1,450,000–1,700,000 in the 12 months to November 2026; the building's median across all types is AED 1,355 per sqft.
Source: Dubai Land Department. Updated 18 April 2026.
Questions about 506, 02 Residence
What did unit 506 last sell for?
AED 1,450,000 on 14 November 2025, sold by the developer: AED 1,230 per sqft for 1,179 sqft. It is the only registered sale of the unit.
What is the rent for unit 506?
AED 105,000 a year on the contract signed on 18 April 2026.
How big is unit 506?
1,179 sqft (109.5 sqm): a two-bedroom apartment on the 5th floor of a 6-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. Two-beds in 02 Residence sold for AED 1,450,000 to 1,700,000 in the last 12 months, around AED 1,365 per sqft.
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Mortgage on 506, 02 Residence
Starts from the last sale price (AED 1.45M, 14 November 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,450,000
- Deposit, UAE resident (20%)
- AED 290,000
- Deposit, non-resident (40%)
- AED 580,000
- Monthly over 25 years at 3.7%
- AED 5,932
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →