3-bed · 2,079 sqftAl Sidir 2, The Greens · 5th floor

507, Al Sidir 2

Sold prices and rental history: sold 3 times, last in April 2013, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 1 January 2023
Last soldAED 2.25M23 April 2013
Current rentAED 163K /yr1 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Al Sidir 2

What is 507 worth today?

Last sold for AED 2,250,000 in 2013

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1 Jan 2023RentedRenewal
AED 163,000/yr12 months · AED 78 per sqft
1 Jan 2022RentedRenewal
AED 145,000/yr12 months · AED 70 per sqft
1 Jan 2021RentedNew contract
AED 145,000/yr12 months · AED 70 per sqft
3 Oct 2019RentedNew contract
AED 145,000/yr12 months · AED 70 per sqft
23 Apr 2013SoldReady
AED 2,250,000AED 1,082 per sqft
6 Apr 2008SoldReady
AED 2,238,750AED 1,077 per sqft
12 Jun 2007Sold by developerReady
AED 454,400AED 218 per sqft

Source: Dubai Land Department. Updated 1 January 2023.

Key facts

Type
3-bed apartment
Size
2,079 sqft
Floor
5th of 6
Parking
nan
Service charge
AED 35,900 /yr
Last sold
AED 2.25M · April 2013
Building
Al Sidir 2

About 507, Al Sidir 2

507 is a three-bedroom apartment of 2,079 sqft on the 5th floor of Al Sidir 2, a 6-storey tower in The Greens. It last sold on 23 April 2013 for AED 2,250,000, or AED 1,082 per sqft.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 1 January 2023, is AED 163,000 a year: a gross yield of 7.2% on the 2013 price, before the service charge of about AED 35,900 a year.

Sales and rents for 507 over time

Sales
Unit 507, each saleTypical three-bed in Al Sidir 2
1M2M2007201020132016Typical sale price by year: 2007 AED 675,800; 2008 AED 1,868,000; 2009 AED 1,750,000; 2010 AED 840,844; 2012 AED 1,275,000; 2015 AED 1,900,000; 2016 AED 2,125,000Sold by developer, June 2007: AED 454,400 (AED 218 per sqft)Sold, April 2008: AED 2,238,750 (AED 1,077 per sqft)Sold, April 2013: AED 2,250,000 (AED 1,082 per sqft)

507 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 507, each contractTypical three-bed in Al Sidir 2
100K150K2012201620202024Typical rent by year: 2012 AED 135,000; 2013 AED 145,000; 2014 AED 157,500; 2015 AED 166,000; 2016 AED 167,750; 2017 AED 160,000; 2018 AED 145,000; 2019 AED 125,001; 2020 AED 110,000; 2021 AED 110,000; 2022 AED 120,000; 2023 AED 139,300; 2024 AED 164,250; 2025 AED 170,000; 2026 AED 165,375New contract, October 2019: AED 145,000 a yearNew contract, January 2021: AED 145,000 a yearRenewal, January 2022: AED 145,000 a yearRenewal, January 2023: AED 163,000 a year

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

3-beds in Al Sidir 2, and where 507 sits

All 29 3-beds →

507's AED 163,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
7 Nov 20253,725,000
22 Jul 20243,250,000
30 Nov 20232,080,000
3 Nov 20232,100,000
0 3-bed sales in the last 12 months

Al Sidir 2

Building

44 apartments, 2-bed to 4-bed over 6 floors in The Greens. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 169K /yr
Typical yield
Al Sidir 2, The Greens: prices, sales and rents →

Other units on the 5th floor

All 44 units in Al Sidir 2
Value
5083-bedAED 3.25M · Jul 2024

507, Al Sidir 2 in numbers

  • Sold 3 times: first on 12 June 2007 for AED 454,400, last on 23 April 2013 for AED 2,250,000 (AED 1,082 per sqft).
  • Rented since October 2019 on 4 Ejari contracts, from AED 145,000 to AED 163,000 a year.
  • At AED 163,000 a year the gross yield on the 2013 price is 7.2%, before a service charge of about AED 35,900 a year (AED 17.27 per sqft).

Source: Dubai Land Department. Updated 1 January 2023.

Questions about 507, Al Sidir 2

What did unit 507 last sell for?

AED 2,250,000 on 23 April 2013: AED 1,082 per sqft for 2,079 sqft. The unit has 3 registered sales; the first was AED 454,400 in June 2007.

What is the rent for unit 507?

AED 163,000 a year on the contract renewed on 1 January 2023. The previous contract, from January 2022, was AED 145,000; the unit has been rented since October 2019.

How big is unit 507?

2,079 sqft (193.1 sqm): a three-bedroom apartment on the 5th floor of a 6-storey tower.

What is unit 507 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 507, Al Sidir 2

Starts from the last sale price (AED 2.25M, 23 April 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,250,000
Deposit, UAE resident (20%)
AED 450,000
Deposit, non-resident (40%)
AED 900,000
Monthly over 25 years at 3.7%
AED 9,205

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