2-bed · 961 sqftJenna Main Square 2, Town Square · 5th floor · completed 2019

511, Jenna Main Square 2

Sold prices and rental history: sold twice, last in September 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 511 · DLD and Ejari recordsUpdated 12 September 2024
Last soldAED 1.05M12 September 2024
Current rentAED 50K /yr14 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 511, Jenna Main Square 2

What is 511 worth today?

Last sold for AED 1,050,000 in 2024

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12 Sep 2024SoldReady
AED 1,050,000AED 1,092 per sqft
14 Jul 2023RentedRenewal
AED 49,500/yr12 months · AED 52 per sqft
14 Jul 2022RentedRenewal
AED 45,000/yr12 months · AED 47 per sqft
14 Jul 2021RentedRenewal
AED 43,000/yr12 months · AED 45 per sqft
14 Jul 2020RentedNew contract
AED 43,000/yr12 months · AED 45 per sqft
18 Dec 2019Sold by developerOff-plan
AED 888,888AED 925 per sqft

Source: Dubai Land Department. Updated 12 September 2024.

Key facts

Type
2-bed apartment
Size
961 sqft
Floor
5th of 8
Parking
B-153
Developer
Nshmi Development
Completed
2019
Service charge
AED 14,900 /yr
Last sold
AED 1.05M · September 2024

About 511, Jenna Main Square 2

511 is a two-bedroom apartment of 961 sqft on the 5th floor of Jenna Main Square 2, a 8-storey tower in Town Square completed in 2019 by Nshmi Development. It last sold on 12 September 2024 for AED 1,050,000, or AED 1,092 per sqft, 11% above the AED 984 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 14 July 2023, is AED 49,500 a year: a gross yield of 4.7% on the 2024 price, before the service charge of about AED 14,900 a year.

Sales and rents for 511 over time

Sales
Unit 511, each saleTypical two-bed in Jenna Main Square 2
750K1M1.25M20152018202120242027Typical sale price by year: 2015 AED 885,888; 2016 AED 924,888; 2017 AED 922,388; 2019 AED 890,388; 2020 AED 938,888; 2021 AED 932,388; 2022 AED 810,000; 2023 AED 950,000; 2024 AED 1,050,000; 2025 AED 1,335,000; 2026 AED 1,350,000Sold by developer, December 2019: AED 888,888 (AED 925 per sqft)Sold, September 2024: AED 1,050,000 (AED 1,092 per sqft)

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

Rents
Unit 511, each contractTypical two-bed in Jenna Main Square 2
40K60K80K20192021202320252027Typical rent by year: 2019 AED 70,000; 2020 AED 50,000; 2021 AED 48,000; 2022 AED 54,600; 2023 AED 60,000; 2024 AED 75,000; 2025 AED 81,000; 2026 AED 85,000New contract, July 2020: AED 43,000 a yearRenewal, July 2021: AED 43,000 a yearRenewal, July 2022: AED 45,000 a yearRenewal, July 2023: AED 49,500 a year

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

2-beds in Jenna Main Square 2, and where 511 sits

All 124 2-beds →

511 last sold in September 2024 at AED 1,092 per sqft, 11% above what two-beds in Jenna Main Square 2 were fetching at the time (AED 984). Over the last 12 months two-beds sold for AED 1,270,000 to 1,750,000, around AED 1,392 per sqft, and rent for AED 51,000 to 115,000 a year. 511's AED 49,500 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
25 Aug 20261,270,000
18 Jul 20261,500,000
30 Apr 20261,310,000
2 Apr 20261,375,000
8 2-bed sales in the last 12 months

Jenna Main Square 2

Building

257 apartments, 1-bed to 3-bed over 8 floors in Town Square, completed in 2019 by Nshmi Development. 19 sold in the last 12 months.

Typical price per sqft
AED 1,442 Up 14.0%
Typical sale
AED 1.35M
Typical rent
AED 72K /yr
Typical yield
6.1%
Jenna Main Square 2, Town Square: prices, sales and rents →

Other units on the 5th floor

All 257 units in Jenna Main Square 2
Value
5013-bedAED 1.48M · Jan 2016
5023-bedAED 2M · Aug 2025
5032-bedAED 1.14M · Dec 2015
5042-bedAED 1M · May 2022
5052-bedAED 1.09M · Dec 2015
5062-bedAED 1.16M · Feb 2016
5073-bedAED 1.45M · Dec 2015
1–7 of 33

511, Jenna Main Square 2 in numbers

  • Sold twice: first on 18 December 2019 for AED 888,888, last on 12 September 2024 for AED 1,050,000 (AED 1,092 per sqft).
  • Rented since July 2020 on 4 Ejari contracts, from AED 43,000 to AED 49,500 a year.
  • At AED 49,500 a year the gross yield on the 2024 price is 4.7%, before a service charge of about AED 14,900 a year (AED 15.52 per sqft).
  • Two-beds in Jenna Main Square 2 sold for AED 1,270,000–1,750,000 in the 12 months to November 2026; the building's median across all types is AED 1,442 per sqft.

Source: Dubai Land Department. Updated 12 September 2024.

Questions about 511, Jenna Main Square 2

What did unit 511 last sell for?

AED 1,050,000 on 12 September 2024: AED 1,092 per sqft for 961 sqft. The unit has 2 registered sales; the first was AED 888,888 in December 2019.

What is the rent for unit 511?

AED 49,500 a year on the contract renewed on 14 July 2023. The previous contract, from July 2022, was AED 45,000; the unit has been rented since July 2020.

How big is unit 511?

961 sqft (89.3 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower completed in 2019.

What is unit 511 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Jenna Main Square 2 sold for AED 1,270,000 to 1,750,000 in the last 12 months, around AED 1,392 per sqft.

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Mortgage on 511, Jenna Main Square 2

Starts from the last sale price (AED 1.05M, 12 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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