1-bed · 773 sqftYansoon 2, The Old Town · 5th floor · completed 2006

505, Yansoon 2

Sold prices and rental history: sold twice, last in October 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 24 November 2015
Last soldAED 1.55M12 October 2014
Current rentAED 105K /yr24 November 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Yansoon 2

What is 505 worth today?

Last sold for AED 1,550,000 in 2014

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24 Nov 2015RentedNew contract
AED 105,000/yr12 months · AED 135 per sqft
5 Sep 2015RentedRenewal
AED 94,500/yr12 months · AED 122 per sqft
12 Oct 2014SoldReady
AED 1,550,000AED 2,005 per sqft
12 Oct 2014RentedNew contract
AED 89,862/yr11 months · AED 116 per sqft
5 Sep 2013RentedNew contract
AED 90,000/yr12 months · AED 116 per sqft
1 Jul 2010Sold by developerReady
AED 982,888AED 1,271 per sqft

Source: Dubai Land Department. Updated 24 November 2015.

Key facts

Type
1-bed apartment
Size
773 sqft
Floor
5th of 6
Parking
B-1421
Developer
Emaar
Completed
2006
Service charge
AED 17,000 /yr
Last sold
AED 1.55M · October 2014
Building
Yansoon 2

About 505, Yansoon 2

505 is a one-bedroom apartment of 773 sqft on the 5th floor of Yansoon 2, a 6-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 12 October 2014 for AED 1,550,000, or AED 2,005 per sqft, 3% below the AED 2,069 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 24 November 2015, is AED 105,000 a year: a gross yield of 6.8% on the 2014 price, before the service charge of about AED 17,000 a year.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical one-bed in Yansoon 2
1M1.5M20092013201720212025Typical sale price by year: 2009 AED 1,001,888; 2010 AED 1,035,888; 2014 AED 1,600,000; 2024 AED 1,630,000Sold by developer, July 2010: AED 982,888 (AED 1,271 per sqft)Sold, October 2014: AED 1,550,000 (AED 2,005 per sqft)

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

Rents
Unit 505, each contractTypical one-bed in Yansoon 2
75K100K125K2013201720212025Typical rent by year: 2013 AED 90,000; 2014 AED 92,000; 2015 AED 102,500; 2016 AED 108,600; 2018 AED 95,000; 2019 AED 85,000; 2020 AED 72,500; 2021 AED 80,000; 2022 AED 84,000; 2023 AED 98,500; 2024 AED 106,753; 2025 AED 120,000; 2026 AED 102,500New contract, September 2013: AED 90,000 a yearNew contract, October 2014: AED 89,862 a yearRenewal, September 2015: AED 94,500 a yearNew contract, November 2015: AED 105,000 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 Yansoon 2, and where 505 sits

All 13 1-beds →

505 last sold in October 2014 at AED 2,005 per sqft, 3% below what one-beds in Yansoon 2 were fetching at the time (AED 2,069). 505's AED 105,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
1 Dec 20242,160,000
6 Aug 20241,400,000
28 May 20241,630,000
5 Jan 20232,180,000
0 1-bed sales in the last 12 months

Yansoon 2

Building

42 apartments, 1-bed to 3-bed over 6 floors in The Old Town, completed in 2006 by Emaar. 4 sold in the last 12 months.

Typical price per sqft
AED 2,774
Typical sale
AED 3.5M
Typical rent
AED 175K /yr
Typical yield
4.7%
Yansoon 2, The Old Town: prices, sales and rents →

Other units on the 5th floor

All 42 units in Yansoon 2
Value
5012-bedAED 3.65M · May 2012
5032-bedAED 3.5M · Jul 2026
5041-bedAED 1.63M · May 2024
5062-bedAED 3.38M · Jan 2026
5072-bedAED 2.4M · Oct 2018

505, Yansoon 2 in numbers

  • Sold twice: first on 1 July 2010 for AED 982,888, last on 12 October 2014 for AED 1,550,000 (AED 2,005 per sqft).
  • Rented since September 2013 on 4 Ejari contracts, from AED 90,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2014 price is 6.8%, before a service charge of about AED 17,000 a year (AED 21.94 per sqft).

Source: Dubai Land Department. Updated 24 November 2015.

Questions about 505, Yansoon 2

What did unit 505 last sell for?

AED 1,550,000 on 12 October 2014: AED 2,005 per sqft for 773 sqft. The unit has 2 registered sales; the first was AED 982,888 in July 2010.

What is the rent for unit 505?

AED 105,000 a year on the contract signed on 24 November 2015. The previous contract, from September 2015, was AED 94,500; the unit has been rented since September 2013.

How big is unit 505?

773 sqft (71.8 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2006.

What is unit 505 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 505, Yansoon 2

Starts from the last sale price (AED 1.55M, 12 October 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,550,000
Deposit, UAE resident (20%)
AED 310,000
Deposit, non-resident (40%)
AED 620,000
Monthly over 25 years at 3.7%
AED 6,342

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