1-bed · 788 sqftWilton Terraces 1, Sobha Hartland · 5th floor · completed 2022

I-511, 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.

Unit I-511 · DLD and Ejari recordsUpdated 20 October 2024
Last soldAED 977K22 July 2018
Current rentAED 90K /yr20 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for I-511, Wilton Terraces 1

What is I-511 worth today?

Last sold for AED 976,828 in 2018

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20 Oct 2024RentedNew contract
AED 90,000/yr12 months · AED 115 per sqft
26 Jul 2023RentedRenewal
AED 70,000/yr12 months · AED 89 per sqft
26 Jul 2022RentedNew contract
AED 63,000/yr12 months · AED 80 per sqft
22 Jul 2018Sold by developerOff-plan
AED 976,828AED 1,238 per sqft

Source: Dubai Land Department. Updated 20 October 2024.

Key facts

Type
1-bed apartment
Size
788 sqft
Floor
5th of 12
Parking
G-04
Developer
Ellington Properties Development
Completed
2022
Service charge
AED 16,100 /yr
Last sold
AED 977K · July 2018

About I-511, Wilton Terraces 1

I-511 is a one-bedroom apartment of 788 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 22 July 2018 for AED 976,828, or AED 1,238 per sqft, 3% below the AED 1,280 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 20 October 2024, is AED 90,000 a year: a gross yield of 9.2% on the 2018 price, before the service charge of about AED 16,100 a year.

Sales and rents for I-511 over time

Sales
Unit I-511, 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, July 2018: AED 976,828 (AED 1,238 per sqft)

I-511 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit I-511, each contractTypical one-bed in Wilton Terraces 1
60K80K202220242026Typical rent by year: 2022 AED 70,000; 2023 AED 73,000; 2024 AED 90,000; 2025 AED 90,000; 2026 AED 90,000New contract, July 2022: AED 63,000 a yearRenewal, July 2023: AED 70,000 a yearNew contract, October 2024: AED 90,000 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-511 sits

All 92 1-beds →

I-511 last sold in July 2018 at AED 1,238 per sqft, 3% below 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-511's AED 90,000 is in the lower 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-5011-bedAED 1.1M · Jul 2023
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
1–7 of 11

I-511, Wilton Terraces 1 in numbers

  • Sold once: by Ellington Properties Development on 22 July 2018 for AED 976,828, or AED 1,238 per sqft.
  • Rented since July 2022 on 3 Ejari contracts, from AED 63,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2018 price is 9.2%, 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 20 October 2024.

Questions about I-511, Wilton Terraces 1

What did unit I-511 last sell for?

AED 976,828 on 22 July 2018, sold by the developer: AED 1,238 per sqft for 788 sqft. It is the only registered sale of the unit.

What is the rent for unit I-511?

AED 90,000 a year on the contract signed on 20 October 2024. The previous contract, from July 2023, was AED 70,000; the unit has been rented since July 2022.

How big is unit I-511?

788 sqft (73.2 sqm): a one-bedroom apartment on the 5th floor of a 12-storey tower completed in 2022.

What is unit I-511 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-511, Wilton Terraces 1

Starts from the last sale price (AED 977K, 22 July 2018). Switch to today's estimate once you have unlocked it.
Price
AED 976,828
Deposit, UAE resident (20%)
AED 195,366
Deposit, non-resident (40%)
AED 390,731
Monthly over 25 years at 3.7%
AED 3,997

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