508, Taraf 2 Residence
Sold prices and rental history: sold 3 times, last in October 2026, and rented once, from April 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Taraf 2 Residence
What is 508 worth today?
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Source: Dubai Land Department. Updated 27 October 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 928 sqft
- Floor
- 5th of 5
- Parking
- B-71
- Developer
- Taraf Properties DMCC
- Completed
- 2023
- Last sold
- AED 1M · October 2026
- Building
- Taraf 2 Residence
About 508, Taraf 2 Residence
508 is a one-bedroom apartment of 928 sqft on the 5th floor of Taraf 2 Residence, a 5-storey tower in Jumeirah Village Triangle (JVT) completed in 2023 by Taraf Properties DMCC. It last sold on 27 October 2026 for AED 1,000,000, or AED 1,077 per sqft, in line with the AED 1,109 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 April 2023. The current contract, signed on 1 April 2023, is AED 65,000 a year: a gross yield of 6.5% on the 2026 price.
Sales and rents for 508 over time
508 has sold 3 times; 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 Taraf 2 Residence, and where 508 sits
All 70 1-beds →508 last sold in October 2026 at AED 1,077 per sqft, in line with what one-beds in Taraf 2 Residence were fetching at the time (AED 1,109). Over the last 12 months one-beds sold for AED 1,000,000 to 1,500,000, around AED 1,137 per sqft, and rent for AED 73,000 to 125,000 a year. 508's AED 65,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Oct 202629 October 2026 | 1,054 sqft | 1,330,000 | 1,261 | ||
| 7 Oct 20267 October 2026 | 984 sqft | 1,300,000 | 1,321 | ||
| 22 Jul 202622 July 2026 | 1,098 sqft | 1,100,000 | 1,001 | ||
| 16 Jul 202616 July 2026 | 1,161 sqft | 1,320,000 | 1,137 |
Taraf 2 Residence
Building94 apartments, studios to 2-bed over 5 floors in Jumeirah Village Triangle (JVT), completed in 2023 by Taraf Properties DMCC. 10 sold in the last 12 months.
- Typical price per sqft
- AED 1,116
- Typical sale
- AED 1.33M
- Typical rent
- AED 87K /yr
- Typical yield
- 7.3%
Other units on the 5th floor
All 94 units in Taraf 2 Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,397 sqft | AED 1.6MAED 1,600,000 · Sep 2023September 2023 | ||
| 502 | 1-bed | 946 sqft | AED 885KAED 885,000 · Nov 2022November 2022 | 85,000 /yr | |
| 503 | 1-bed | 863 sqft | AED 890KAED 890,000 · Jan 2023January 2023 | 80,000 /yr | |
| 504 | 1-bed | 873 sqft | AED 890KAED 890,000 · Feb 2023February 2023 | 88,000 /yr | |
| 505 | 1-bed | 703 sqft | AED 720KAED 720,000 · Jul 2022July 2022 | ||
| 506 | 2-bed | 1,532 sqft | AED 1.39MAED 1,390,000 · Apr 2023April 2023 | 115,000 /yr | |
| 507 | 1-bed | 918 sqft | AED 930KAED 930,000 · Apr 2023April 2023 | ||
| 509 | 1-bed | 1,065 sqft | AED 1.22MAED 1,220,000 · Apr 2024April 2024 | 100,000 /yr | |
| 510 | 1-bed | 1,161 sqft | AED 1.04MAED 1,040,000 · Feb 2023February 2023 | 93,000 /yr | |
| 511 | 2-bed | 1,558 sqft | AED 1.4MAED 1,400,000 · May 2022May 2022 | 79,000 /yr | |
| 512 | 2-bed | 1,149 sqft | AED 1.02MAED 1,020,000 · Mar 2022March 2022 | ||
| 513 | 2-bed | 1,164 sqft | AED 1.03MAED 1,030,000 · Apr 2022April 2022 | ||
| 514 | 1-bed | 774 sqft | AED 740KAED 740,000 · Apr 2022April 2022 | ||
| 515 | 1-bed | 774 sqft | AED 720KAED 720,000 · May 2022May 2022 | 79,000 /yr | |
| 516 | 1-bed | 777 sqft | AED 1.28MAED 1,280,000 · Oct 2024October 2024 |
508, Taraf 2 Residence in numbers
- Sold 3 times: first on 6 March 2023 for AED 930,000, last on 27 October 2026 for AED 1,000,000 (AED 1,077 per sqft).
- Rented since April 2023 on one Ejari contract, at AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2026 price is 6.5%.
- One-beds in Taraf 2 Residence sold for AED 1,000,000–1,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,116 per sqft.
Source: Dubai Land Department. Updated 27 October 2026.
Questions about 508, Taraf 2 Residence
What did unit 508 last sell for?
AED 1,000,000 on 27 October 2026: AED 1,077 per sqft for 928 sqft. The unit has 3 registered sales; the first was AED 930,000 in March 2023.
What is the rent for unit 508?
AED 65,000 a year on the contract signed on 1 April 2023.
How big is unit 508?
928 sqft (86.2 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2023.
What is unit 508 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Taraf 2 Residence sold for AED 1,000,000 to 1,500,000 in the last 12 months, around AED 1,137 per sqft.
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Mortgage on 508, Taraf 2 Residence
Starts from the last sale price (AED 1M, 27 October 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →