515, Taraf 2 Residence
Sold prices and rental history: sold once, by the developer in May 2022, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 515, Taraf 2 Residence
What is 515 worth today?
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Source: Dubai Land Department. Updated 20 February 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 774 sqft
- Floor
- 5th of 5
- Parking
- 1
- Developer
- Taraf Properties DMCC
- Completed
- 2023
- Last sold
- AED 720K · May 2022
- Building
- Taraf 2 Residence
About 515, Taraf 2 Residence
515 is a one-bedroom apartment of 774 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 23 May 2022 for AED 720,000, or AED 929 per sqft, in line with the AED 957 one-beds in the building were fetching at the time.
It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, renewed on 20 February 2026, is AED 79,000 a year: a gross yield of 11.0% on the 2022 price.
Sales and rents for 515 over time
515 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 Taraf 2 Residence, and where 515 sits
All 70 1-beds →515 last sold in May 2022 at AED 929 per sqft, in line with what one-beds in Taraf 2 Residence were fetching at the time (AED 957). 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. 515's AED 79,000 is in the lower half 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 | ||
| 27 Oct 202627 October 2026 | 928 sqft | 1,000,000 | 1,077 | ||
| 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 |
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 | ||
| 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 | ||
| 516 | 1-bed | 777 sqft | AED 1.28MAED 1,280,000 · Oct 2024October 2024 |
515, Taraf 2 Residence in numbers
- Sold once: by Taraf Properties DMCC on 23 May 2022 for AED 720,000, or AED 929 per sqft.
- Rented since February 2023 on 5 Ejari contracts, from AED 68,000 to AED 79,000 a year.
- At AED 79,000 a year the gross yield on the 2022 price is 11.0%.
- 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 20 February 2026.
Questions about 515, Taraf 2 Residence
What did unit 515 last sell for?
AED 720,000 on 23 May 2022, sold by the developer: AED 929 per sqft for 774 sqft. It is the only registered sale of the unit.
What is the rent for unit 515?
AED 79,000 a year on the contract renewed on 20 February 2026. The previous contract, from February 2025, was AED 75,000; the unit has been rented since February 2023.
How big is unit 515?
774 sqft (71.9 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2023.
What is unit 515 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 515, Taraf 2 Residence
Starts from the last sale price (AED 720K, 23 May 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 720,000
- Deposit, UAE resident (20%)
- AED 144,000
- Deposit, non-resident (40%)
- AED 288,000
- Monthly over 25 years at 3.7%
- AED 2,946
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →