1508, The Ivy
Sold prices and rental history: sold twice, last in October 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1508, The Ivy
What is 1508 worth today?
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Source: Dubai Land Department. Updated 28 August 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,405 sqft
- Floor
- 15th of 15
- Parking
- 1
- Developer
- Metrical Real Estate Development
- Completed
- 2024
- Last sold
- AED 2.15M · October 2023
- Building
- The Ivy
About 1508, The Ivy
1508 is a two-bedroom apartment of 1,405 sqft on the 15th floor of The Ivy, a 15-storey tower in Jumeirah Village Triangle (JVT) completed in 2024 by Metrical Real Estate Development . It last sold on 13 October 2023 for AED 2,150,000, or AED 1,529 per sqft, 23% above the AED 1,244 two-beds in the building were fetching at the time.
It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 28 August 2026, is AED 140,000 a year: a gross yield of 6.5% on the 2023 price.
Sales and rents for 1508 over time
1508 has sold twice; 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 The Ivy, and where 1508 sits
All 10 2-beds →1508 last sold in October 2023 at AED 1,529 per sqft, 23% above what two-beds in The Ivy were fetching at the time (AED 1,244). 1508's AED 140,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Feb 202525 February 2025 | 1,114 sqft | 1,950,000 | 1,750 | ||
| 28 Nov 202428 November 2024 | 1,383 sqft | 2,400,000 | 1,735 | ||
| 7 May 20247 May 2024 | 1,456 sqft | 2,150,000 | 1,476 | ||
| 1 Apr 20241 April 2024 | 1,735 sqft | 1,086,356 | 626 |
The Ivy
Building220 apartments, studios to 2-bed over 15 floors in Jumeirah Village Triangle (JVT), completed in 2024 by Metrical Real Estate Development . 15 sold in the last 12 months.
- Typical price per sqft
- AED 1,333 Down 9.2%
- Typical sale
- AED 1.05M
- Typical rent
- AED 80K /yr
- Typical yield
- 8.2%
Other units on the 15th floor
All 220 units in The Ivy| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1504 | 2-bed | 1,114 sqft | AED 1.95MAED 1,950,000 · Feb 2025February 2025 | ||
| 1505 | 2-bed | 1,425 sqft | AED 1.79MAED 1,785,000 · Nov 2022November 2022 | ||
| 1506 | 2-bed | 1,455 sqft | AED 1.78MAED 1,777,222 · Nov 2022November 2022 | 185,000 /yr | |
| 1507 | 2-bed | 1,456 sqft | AED 2.15MAED 2,150,000 · May 2024May 2024 | 180,000 /yr | |
| 1509 | 2-bed | 1,749 sqft | AED 1.09MAED 1,086,356 · Apr 2024April 2024 | ||
| 1510 | 2-bed | 1,478 sqft | AED 1.8MAED 1,800,222 · Aug 2023August 2023 | 150,000 /yr | |
| 1511 | 2-bed | 1,383 sqft | AED 2.4MAED 2,400,000 · Nov 2024November 2024 | ||
| 1512 | 2-bed | 1,587 sqft | AED 2.19MAED 2,188,126 · Feb 2023February 2023 | 175,000 /yr | |
| 1513 | 2-bed | 1,970 sqft | AED 2.4MAED 2,400,000 · Feb 2023February 2023 |
1508, The Ivy in numbers
- Sold twice: first on 31 January 2023 for AED 1,751,566, last on 13 October 2023 for AED 2,150,000 (AED 1,529 per sqft).
- Rented since August 2024 on 3 Ejari contracts, from AED 190,000 to AED 140,000 a year.
- At AED 140,000 a year the gross yield on the 2023 price is 6.5%.
Source: Dubai Land Department. Updated 28 August 2026.
Questions about 1508, The Ivy
What did unit 1508 last sell for?
AED 2,150,000 on 13 October 2023: AED 1,529 per sqft for 1,405 sqft. The unit has 2 registered sales; the first was AED 1,751,566 in January 2023.
What is the rent for unit 1508?
AED 140,000 a year on the contract signed on 28 August 2026. The previous contract, from October 2025, was AED 185,000; the unit has been rented since August 2024.
How big is unit 1508?
1,405 sqft (130.5 sqm): a two-bedroom apartment on the 15th floor of a 15-storey tower completed in 2024.
What is unit 1508 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 1508, The Ivy
Starts from the last sale price (AED 2.15M, 13 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,150,000
- Deposit, UAE resident (20%)
- AED 430,000
- Deposit, non-resident (40%)
- AED 860,000
- Monthly over 25 years at 3.7%
- AED 8,796
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →