513, Taraf 2 Residence
Sold prices and rental history: sold once, by the developer in April 2022, 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 513, Taraf 2 Residence
What is 513 worth today?
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Source: Dubai Land Department. Updated 29 April 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,164 sqft
- Floor
- 5th of 5
- Parking
- 1
- Developer
- Taraf Properties DMCC
- Completed
- 2023
- Last sold
- AED 1.03M · April 2022
- Building
- Taraf 2 Residence
About 513, Taraf 2 Residence
513 is a two-bedroom apartment of 1,164 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. The developer sold it on 29 April 2022 for AED 1,030,000, or AED 884 per sqft, in line with the AED 884 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 513 over time
513 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 Taraf 2 Residence, and where 513 sits
All 20 2-beds →513 last sold in April 2022 at AED 884 per sqft, in line with what two-beds in Taraf 2 Residence were fetching at the time (AED 884). Over the last 12 months two-beds sold for AED 2,100,000, around AED 1,095 per sqft, and rent for AED 79,000 to 135,000 a year.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 May 20268 May 2026 | 1,917 sqft | 2,100,000 | 1,095 | ||
| 21 Nov 202421 November 2024 | 1,505 sqft | 2,200,000 | 1,461 | ||
| 5 Sep 20245 September 2024 | 1,608 sqft | 2,100,000 | 1,305 | ||
| 24 Jul 202424 July 2024 | 1,722 sqft | 2,050,000 | 1,190 |
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 | ||
| 508 | 1-bed | 928 sqft | AED 1MAED 1,000,000 · Oct 2026October 2026 | 65,000 /yr | |
| 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 | ||
| 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 |
513, Taraf 2 Residence in numbers
- Sold once: by Taraf Properties DMCC on 29 April 2022 for AED 1,030,000, or AED 884 per sqft.
- Two-beds in Taraf 2 Residence sold for AED 2,100,000–2,100,000 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 29 April 2022.
Questions about 513, Taraf 2 Residence
What did unit 513 last sell for?
AED 1,030,000 on 29 April 2022, sold by the developer: AED 884 per sqft for 1,164 sqft. It is the only registered sale of the unit.
How big is unit 513?
1,164 sqft (108.1 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower completed in 2023.
What is unit 513 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Taraf 2 Residence sold for AED 2,100,000 to 2,100,000 in the last 12 months, around AED 1,095 per sqft.
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Mortgage on 513, Taraf 2 Residence
Starts from the last sale price (AED 1.03M, 29 April 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,030,000
- Deposit, UAE resident (20%)
- AED 206,000
- Deposit, non-resident (40%)
- AED 412,000
- Monthly over 25 years at 3.7%
- AED 4,214
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →