502, Imperial Residence
Sold prices and rental history: sold once, by the developer in September 2024, and rented once, from July 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Imperial Residence
What is 502 worth today?
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Source: Dubai Land Department. Updated 23 September 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,433 sqft
- Floor
- 5th of 6
- Parking
- G-43
- Developer
- Tameer Holding Investment
- Completed
- 2014
- Service charge
- AED 24,300 /yr
- Last sold
- AED 1.37M · September 2024
- Building
- Imperial Residence
About 502, Imperial Residence
502 is a two-bedroom apartment of 1,433 sqft on the 5th floor of Imperial Residence, a 6-storey tower in Nad Al Hamar completed in 2014 by Tameer Holding Investment. The developer sold it on 23 September 2024 for AED 1,365,000, or AED 952 per sqft, in line with the AED 952 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 July 2023. The current contract, signed on 1 July 2023, is AED 85,000 a year: a gross yield of 6.2% on the 2024 price, before the service charge of about AED 24,300 a year.
Sales and rents for 502 over time
502 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 Imperial Residence, and where 502 sits
All 20 2-beds →502 last sold in September 2024 at AED 952 per sqft, in line with what two-beds in Imperial Residence were fetching at the time (AED 952). Over the last 12 months two-beds sold for AED 1,390,000 to 1,550,000, around AED 1,102 per sqft, and rent for AED 95,000 to 110,000 a year. 502's AED 85,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Oct 20268 October 2026 | 1,333 sqft | 1,390,000 | 1,042 | ||
| 25 Aug 202625 August 2026 | 1,333 sqft | 1,550,000 | 1,162 | ||
| 9 Apr 20259 April 2025 | 1,333 sqft | 1,460,000 | 1,095 | ||
| 4 Apr 20254 April 2025 | 1,379 sqft | 1,510,000 | 1,094 |
Imperial Residence
Building35 apartments, 1-bed to 2-bed over 6 floors in Nad Al Hamar, completed in 2014 by Tameer Holding Investment. 2 sold in the last 12 months.
- Typical price per sqft
- AED 1,102
- Typical sale
- AED 1.47M
- Typical rent
- AED 73K /yr
- Typical yield
- 7.1%
Other units on the 5th floor
All 35 units in Imperial Residence502, Imperial Residence in numbers
- Sold once: by Tameer Holding Investment on 23 September 2024 for AED 1,365,000, or AED 952 per sqft.
- Rented since July 2023 on one Ejari contract, at AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2024 price is 6.2%, before a service charge of about AED 24,300 a year (AED 16.97 per sqft).
- Two-beds in Imperial Residence sold for AED 1,390,000–1,550,000 in the 12 months to November 2026; the building's median across all types is AED 1,102 per sqft.
Source: Dubai Land Department. Updated 23 September 2024.
Questions about 502, Imperial Residence
What did unit 502 last sell for?
AED 1,365,000 on 23 September 2024, sold by the developer: AED 952 per sqft for 1,433 sqft. It is the only registered sale of the unit.
What is the rent for unit 502?
AED 85,000 a year on the contract signed on 1 July 2023.
How big is unit 502?
1,433 sqft (133.1 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2014.
What is unit 502 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Imperial Residence sold for AED 1,390,000 to 1,550,000 in the last 12 months, around AED 1,102 per sqft.
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Mortgage on 502, Imperial Residence
Starts from the last sale price (AED 1.37M, 23 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,365,000
- Deposit, UAE resident (20%)
- AED 273,000
- Deposit, non-resident (40%)
- AED 546,000
- Monthly over 25 years at 3.7%
- AED 5,585
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →