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Studio · 513 sqftCourtyard Apartments 2, Mirdif · 1st floor

5142, Courtyard Apartments 2

Sold prices and rental history: sold once, by the developer in October 2014, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5142 · DLD and Ejari recordsUpdated 1 December 2018
Last soldAED 425K23 October 2014
Current rentAED 40K /yr1 December 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 5142, Courtyard Apartments 2

What is 5142 worth today?

Last sold for AED 425,000 in 2014

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1 Dec 2018RentedNew contract
AED 40,000/yr12 months · AED 77 per sqft
20 Nov 2017RentedNew contract
AED 44,000/yr12 months · AED 85 per sqft
25 May 2015RentedNew contract
AED 60,000/yr12 months · AED 116 per sqft
23 Oct 2014Sold by developerReady
AED 425,000AED 828 per sqft

Source: Dubai Land Department. Updated 1 December 2018.

Key facts

Type
Studio apartment
Size
513 sqft
Floor
1st of 2
Parking
B-201
Service charge
AED 4,600 /yr
Last sold
AED 425K · October 2014
Building
Courtyard Apartments 2

About 5142, Courtyard Apartments 2

5142 is a studio of 513 sqft on the 1st floor of Courtyard Apartments 2, a 2-storey tower in Mirdif. The developer sold it on 23 October 2014 for AED 425,000, or AED 828 per sqft, in line with the AED 831 studios in the building were fetching at the time.

It has been rented since 2015 on 3 Ejari contracts. The current contract, signed on 1 December 2018, is AED 40,000 a year: a gross yield of 9.4% on the 2014 price, before the service charge of about AED 4,600 a year.

Sales and rents for 5142 over time

Sales
Unit 5142, each saleTypical studio in Courtyard Apartments 2
400K450K2014201720202023Typical sale price by year: 2014 AED 428,000; 2015 AED 470,000; 2023 AED 400,000Sold by developer, October 2014: AED 425,000 (AED 828 per sqft)

5142 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 5142, each contractTypical studio in Courtyard Apartments 2
40K60K2014201820222026Typical rent by year: 2014 AED 61,000; 2015 AED 60,000; 2016 AED 56,000; 2017 AED 50,000; 2018 AED 43,000; 2019 AED 40,000; 2020 AED 32,500; 2021 AED 28,000; 2022 AED 30,000; 2023 AED 35,000; 2024 AED 40,000; 2025 AED 45,000; 2026 AED 48,000New contract, May 2015: AED 60,000 a yearNew contract, November 2017: AED 44,000 a yearNew contract, December 2018: AED 40,000 a year

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

Studios in Courtyard Apartments 2, and where 5142 sits

All 44 studios →

5142 last sold in October 2014 at AED 828 per sqft, in line with what studios in Courtyard Apartments 2 were fetching at the time (AED 831). Over the last 12 months studios sold for AED 515,000 to 620,000, around AED 1,098 per sqft, and rent for AED 15,000 to 60,000 a year. 5142's AED 40,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
4 Nov 2026515,000
4 Jun 2026620,000
19 Sep 2025550,000
31 Jul 2025500,000
2 studio sales in the last 12 months

Courtyard Apartments 2

Building

116 apartments, studios to 1-bed over 2 floors in Mirdif. 4 sold in the last 12 months.

Typical price per sqft
AED 1,034
Typical sale
AED 775K
Typical rent
AED 58K /yr
Typical yield
6.8%
Courtyard Apartments 2, Mirdif: prices, sales and rents →

Other units on the 1st floor

All 116 units in Courtyard Apartments 2
Value
51011-bedAED 546K · Nov 2014
5102StudioAED 383K · Nov 2014
51031-bedAED 572K · Oct 2014
5104StudioAED 431K · Nov 2014
5105StudioAED 394K · Nov 2014
5106StudioAED 500K · Jan 2024
5107StudioAED 394K · Dec 2014
1–7 of 57

5142, Courtyard Apartments 2 in numbers

  • Sold once: by the developer on 23 October 2014 for AED 425,000, or AED 828 per sqft.
  • Rented since May 2015 on 3 Ejari contracts, from AED 60,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2014 price is 9.4%, before a service charge of about AED 4,600 a year (AED 8.95 per sqft).
  • Studios in Courtyard Apartments 2 sold for AED 515,000–620,000 in the 12 months to November 2026; the building's median across all types is AED 1,034 per sqft.

Source: Dubai Land Department. Updated 1 December 2018.

Questions about 5142, Courtyard Apartments 2

What did unit 5142 last sell for?

AED 425,000 on 23 October 2014, sold by the developer: AED 828 per sqft for 513 sqft. It is the only registered sale of the unit.

What is the rent for unit 5142?

AED 40,000 a year on the contract signed on 1 December 2018. The previous contract, from November 2017, was AED 44,000; the unit has been rented since May 2015.

How big is unit 5142?

513 sqft (47.7 sqm): a studio on the 1st floor of a 2-storey tower.

What is unit 5142 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Courtyard Apartments 2 sold for AED 515,000 to 620,000 in the last 12 months, around AED 1,098 per sqft.

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Mortgage on 5142, Courtyard Apartments 2

Starts from the last sale price (AED 425K, 23 October 2014). Switch to today's estimate once you have unlocked it.
Price
AED 425,000
Deposit, UAE resident (20%)
AED 85,000
Deposit, non-resident (40%)
AED 170,000
Monthly over 25 years at 3.7%
AED 1,739

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