I-506, Wilton Terraces 1
Sold prices and rental history: sold once, by the developer in July 2018, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for I-506, Wilton Terraces 1
What is I-506 worth today?
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Source: Dubai Land Department. Updated 9 October 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 839 sqft
- Floor
- 5th of 12
- Parking
- P1-09
- Developer
- Ellington Properties Development
- Completed
- 2022
- Service charge
- AED 17,200 /yr
- Last sold
- AED 1.06M · July 2018
- Building
- Wilton Terraces 1
About I-506, Wilton Terraces 1
I-506 is a one-bedroom apartment of 839 sqft on the 5th floor of Wilton Terraces 1, a 12-storey tower in Sobha Hartland completed in 2022 by Ellington Properties Development . The developer sold it on 11 July 2018 for AED 1,060,828, or AED 1,264 per sqft, in line with the AED 1,280 one-beds in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 9 October 2023, is AED 80,000 a year: a gross yield of 7.5% on the 2018 price, before the service charge of about AED 17,200 a year.
Sales and rents for I-506 over time
I-506 has sold once; the dashed line is the one-bed median of each year in the building.
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-506 sits
All 92 1-beds →I-506 last sold in July 2018 at AED 1,264 per sqft, in line with what one-beds in Wilton Terraces 1 were fetching at the time (AED 1,280). 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-506's AED 80,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Oct 20268 October 2026 | 815 sqft | 1,535,000 | 1,882 | ||
| 4 Sep 20264 September 2026 | 818 sqft | 1,610,000 | 1,968 | ||
| 9 Jun 20269 June 2026 | 839 sqft | 1,490,000 | 1,775 | ||
| 19 May 202619 May 2026 | 788 sqft | 1,480,000 | 1,877 |
Wilton Terraces 1
Building140 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%
Other units on the 5th floor
All 140 units in Wilton Terraces 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| I-501 | 1-bed | 785 sqft | AED 1.1MAED 1,100,000 · Jul 2023July 2023 | 115,000 /yr | |
| I-502 | 1-bed | 788 sqft | AED 1MAED 1,000,828 · Jun 2018June 2018 | 90,000 /yr | |
| I-503 | 2-bed | 1,199 sqft | AED 1.85MAED 1,850,000 · Mar 2023March 2023 | 135,000 /yr | |
| I-504 | 2-bed | 1,238 sqft | AED 1.52MAED 1,516,828 · Apr 2022April 2022 | 105,000 /yr | |
| I-505 | 1-bed | 818 sqft | AED 1.3MAED 1,300,000 · Feb 2023February 2023 | 120,000 /yr | |
| I-507 | 1-bed | 839 sqft | AED 1.12MAED 1,120,828 · Jul 2018July 2018 | 82,000 /yr | |
| I-508 | 1-bed | 815 sqft | AED 1.05MAED 1,045,828 · Mar 2021March 2021 | 95,000 /yr | |
| I-509 | 2-bed | 1,237 sqft | AED 2.38MAED 2,375,000 · Feb 2026February 2026 | 105,000 /yr | |
| I-510 | 2-bed | 1,199 sqft | AED 1.38MAED 1,384,828 · Jan 2019January 2019 | 135,000 /yr | |
| I-511 | 1-bed | 788 sqft | AED 977KAED 976,828 · Jul 2018July 2018 | 90,000 /yr | |
| I-512 | 1-bed | 785 sqft | AED 996KAED 995,828 · Oct 2018October 2018 | 85,000 /yr |
I-506, Wilton Terraces 1 in numbers
- Sold once: by Ellington Properties Development on 11 July 2018 for AED 1,060,828, or AED 1,264 per sqft.
- Rented since October 2022 on 2 Ejari contracts, at AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2018 price is 7.5%, before a service charge of about AED 17,200 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 9 October 2023.
Questions about I-506, Wilton Terraces 1
What did unit I-506 last sell for?
AED 1,060,828 on 11 July 2018, sold by the developer: AED 1,264 per sqft for 839 sqft. It is the only registered sale of the unit.
What is the rent for unit I-506?
AED 80,000 a year on the contract renewed on 9 October 2023. The previous contract, from October 2022, was AED 80,000.
How big is unit I-506?
839 sqft (77.9 sqm): a one-bedroom apartment on the 5th floor of a 12-storey tower completed in 2022.
What is unit I-506 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-506, Wilton Terraces 1
Starts from the last sale price (AED 1.06M, 11 July 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,060,828
- Deposit, UAE resident (20%)
- AED 212,166
- Deposit, non-resident (40%)
- AED 424,331
- Monthly over 25 years at 3.7%
- AED 4,340
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →