1-bed · 785 sqftWilton Terraces 1, Sobha Hartland · 5th floor · completed 2022

I-501, Wilton Terraces 1

Sold prices and rental history: sold twice, last in July 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit I-501 · DLD and Ejari recordsUpdated 27 November 2024
Last soldAED 1.1M14 July 2023
Current rentAED 115K /yr27 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for I-501, Wilton Terraces 1

What is I-501 worth today?

Last sold for AED 1,100,000 in 2023

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27 Nov 2024RentedNew contract
AED 115,000/yr12 months · AED 146 per sqft
27 Nov 2024RentedNew contract
AED 115,000/yr12 months · AED 146 per sqft
14 Jul 2023SoldReady
AED 1,100,000AED 1,400 per sqft
19 Jun 2018Sold by developerOff-plan
AED 1,008,828AED 1,284 per sqft

Source: Dubai Land Department. Updated 27 November 2024.

Key facts

Type
1-bed apartment
Size
785 sqft
Floor
5th of 12
Parking
P1-03
Developer
Ellington Properties Development
Completed
2022
Service charge
AED 16,100 /yr
Last sold
AED 1.1M · July 2023

About I-501, Wilton Terraces 1

I-501 is a one-bedroom apartment of 785 sqft on the 5th floor of Wilton Terraces 1, a 12-storey tower in Sobha Hartland completed in 2022 by Ellington Properties Development . It last sold on 14 July 2023 for AED 1,100,000, or AED 1,400 per sqft, 5% below the AED 1,478 one-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 27 November 2024, is AED 115,000 a year: a gross yield of 10.4% on the 2023 price, before the service charge of about AED 16,100 a year.

Sales and rents for I-501 over time

Sales
Unit I-501, each saleTypical one-bed in Wilton Terraces 1
1M1.25M1.5M2018202120242027Typical sale price by year: 2018 AED 1,008,828; 2019 AED 1,004,828; 2020 AED 1,053,828; 2021 AED 1,025,828; 2022 AED 1,137,971; 2023 AED 1,297,500; 2024 AED 1,400,000; 2025 AED 1,485,000; 2026 AED 1,500,000Sold by developer, June 2018: AED 1,008,828 (AED 1,284 per sqft)Sold, July 2023: AED 1,100,000 (AED 1,400 per sqft)

I-501 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit I-501, each contractTypical one-bed in Wilton Terraces 1
75K100K202220242026Typical rent by year: 2022 AED 70,000; 2023 AED 73,000; 2024 AED 90,000; 2025 AED 90,000; 2026 AED 90,000New contract, November 2024: AED 115,000 a yearNew contract, November 2024: AED 115,000 a year

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

1-beds in Wilton Terraces 1, and where I-501 sits

All 92 1-beds →

I-501 last sold in July 2023 at AED 1,400 per sqft, 5% below what one-beds in Wilton Terraces 1 were fetching at the time (AED 1,478). Over the last 12 months one-beds sold for AED 1,480,000 to 1,675,000, around AED 1,910 per sqft, and rent for AED 70,000 to 125,000 a year. I-501's AED 115,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
8 Oct 20261,535,000
4 Sep 20261,610,000
9 Jun 20261,490,000
19 May 20261,480,000
11 1-bed sales in the last 12 months

Wilton Terraces 1

Building

140 apartments, 1-bed to 2-bed over 12 floors in Sobha Hartland, completed in 2022 by Ellington Properties Development . 19 sold in the last 12 months.

Typical price per sqft
AED 1,882 Up 2.3%
Typical sale
AED 1.61M
Typical rent
AED 100K /yr
Typical yield
6.0%
Wilton Terraces 1, Sobha Hartland: prices, sales and rents →

Other units on the 5th floor

All 140 units in Wilton Terraces 1
Value
I-5021-bedAED 1M · Jun 2018
I-5032-bedAED 1.85M · Mar 2023
I-5042-bedAED 1.52M · Apr 2022
I-5051-bedAED 1.3M · Feb 2023
I-5061-bedAED 1.06M · Jul 2018
I-5071-bedAED 1.12M · Jul 2018
I-5081-bedAED 1.05M · Mar 2021
1–7 of 11

I-501, Wilton Terraces 1 in numbers

  • Sold twice: first on 19 June 2018 for AED 1,008,828, last on 14 July 2023 for AED 1,100,000 (AED 1,400 per sqft).
  • Rented since November 2024 on 2 Ejari contracts, at AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2023 price is 10.4%, before a service charge of about AED 16,100 a year (AED 20.44 per sqft).
  • One-beds in Wilton Terraces 1 sold for AED 1,480,000–1,675,000 in the 12 months to November 2026; the building's median across all types is AED 1,882 per sqft.

Source: Dubai Land Department. Updated 27 November 2024.

Questions about I-501, Wilton Terraces 1

What did unit I-501 last sell for?

AED 1,100,000 on 14 July 2023: AED 1,400 per sqft for 785 sqft. The unit has 2 registered sales; the first was AED 1,008,828 in June 2018.

What is the rent for unit I-501?

AED 115,000 a year on the contract signed on 27 November 2024. The previous contract, from November 2024, was AED 115,000.

How big is unit I-501?

785 sqft (72.9 sqm): a one-bedroom apartment on the 5th floor of a 12-storey tower completed in 2022.

What is unit I-501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Wilton Terraces 1 sold for AED 1,480,000 to 1,675,000 in the last 12 months, around AED 1,910 per sqft.

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Mortgage on I-501, Wilton Terraces 1

Starts from the last sale price (AED 1.1M, 14 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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