1-bed · 906 sqftBright Corner, Meydan City · 2nd floor · completed 2019

206, Bright Corner

Sold prices and rental history: sold once, by the developer in December 2020, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206 · DLD and Ejari recordsUpdated 1 February 2025
Last soldAED 906K6 December 2020
Current rentAED 58K /yr1 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 206, Bright Corner

What is 206 worth today?

Last sold for AED 905,780 in 2020

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1 Feb 2025RentedNew contract · flagged as an outlier
AED 57,750/yr12 months · AED 64 per sqft
1 Feb 2025RentedNew contract · flagged as an outlier
AED 57,750/yr12 months · AED 64 per sqft
1 Feb 2021RentedNew contract · flagged as an outlier
AED 55,000/yr12 months · AED 61 per sqft
1 Feb 2021RentedNew contract · flagged as an outlier
AED 55,000/yr12 months · AED 61 per sqft
6 Dec 2020Sold by developerReady
AED 905,780AED 999 per sqft

Source: Dubai Land Department. Updated 1 February 2025.

Key facts

Type
1-bed apartment
Size
906 sqft
Floor
2nd of 4
Parking
G-14
Developer
Fandah Palace Development
Completed
2019
Service charge
AED 13,900 /yr
Last sold
AED 906K · December 2020

About 206, Bright Corner

206 is a one-bedroom apartment of 906 sqft on the 2nd floor of Bright Corner, a 4-storey tower in Meydan City completed in 2019 by Fandah Palace Development . The developer sold it on 6 December 2020 for AED 905,780, or AED 999 per sqft, in line with the AED 1,000 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 1 February 2025, is AED 57,750 a year: a gross yield of 6.4% on the 2020 price, before the service charge of about AED 13,900 a year.

Sales and rents for 206 over time

Rents
Unit 206, each contractTypical one-bed in Bright Corner
60K70K20232024202520262027Typical rent by year: 2023 AED 58,000; 2024 AED 58,000; 2025 AED 75,000; 2026 AED 74,000

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Bright Corner, and where 206 sits

All 18 1-beds →

206 last sold in December 2020 at AED 999 per sqft, in line with what one-beds in Bright Corner were fetching at the time (AED 1,000). Over the last 12 months one-beds sold for AED 465,000, around AED 1,172 per sqft, and rent for AED 63,250 to 80,000 a year. 206's AED 57,750 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
28 Nov 2025465,000
7 Dec 2020797,390
6 Dec 2020909,340
6 Dec 2020910,000
1 1-bed sale in the last 12 months

Bright Corner

Building

40 apartments, 1-bed to 2-bed over 4 floors in Meydan City, completed in 2019 by Fandah Palace Development . 1 sold in the last 12 months.

Typical price per sqft
AED 1,172
Typical sale
AED 465K
Typical rent
AED 90K /yr
Typical yield
7.2%
Bright Corner, Meydan City: prices, sales and rents →

Other units on the 2nd floor

All 40 units in Bright Corner
Value
2012-bedAED 1.25M · Oct 2020
2022-bedNo registered sale
2032-bedAED 1.43M · Dec 2017
2041-bedAED 1M · Sep 2017
2051-bedAED 465K · Nov 2025
2071-bedAED 1M · Oct 2019
2081-bedAED 797K · Nov 2020
1–7 of 11

206, Bright Corner in numbers

  • Sold once: by Fandah Palace Development on 6 December 2020 for AED 905,780, or AED 999 per sqft.
  • Rented since February 2021 on 4 Ejari contracts, from AED 55,000 to AED 57,750 a year.
  • At AED 57,750 a year the gross yield on the 2020 price is 6.4%, before a service charge of about AED 13,900 a year (AED 15.33 per sqft).
  • One-beds in Bright Corner sold for AED 465,000–465,000 in the 12 months to November 2026; the building's median across all types is AED 1,172 per sqft.

Source: Dubai Land Department. Updated 1 February 2025.

Questions about 206, Bright Corner

What did unit 206 last sell for?

AED 905,780 on 6 December 2020, sold by the developer: AED 999 per sqft for 906 sqft. It is the only registered sale of the unit.

What is the rent for unit 206?

AED 57,750 a year on the contract signed on 1 February 2025. The previous contract, from February 2025, was AED 57,750; the unit has been rented since February 2021.

How big is unit 206?

906 sqft (84.2 sqm): a one-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2019.

What is unit 206 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Bright Corner sold for AED 465,000 to 465,000 in the last 12 months, around AED 1,172 per sqft.

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Mortgage on 206, Bright Corner

Starts from the last sale price (AED 906K, 6 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 905,780
Deposit, UAE resident (20%)
AED 181,156
Deposit, non-resident (40%)
AED 362,312
Monthly over 25 years at 3.7%
AED 3,706

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →