2-bed · 884 sqftZahra Apartments 1A, Town Square · 5th floor · completed 2019

508, Zahra Apartments 1A

Sold prices and rental history: sold once, by the developer in March 2026, and rented once, from January 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 23 March 2026
Last soldAED 1.23M23 March 2026
Current rentAED 63K /yr1 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Zahra Apartments 1A

What is 508 worth today?

Last sold for AED 1,225,000 in 2026

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23 Mar 2026Sold by developerReady
AED 1,225,000AED 1,385 per sqft
1 Jan 2026RentedRenewal
AED 62,620/yr12 months · AED 71 per sqft

Source: Dubai Land Department. Updated 23 March 2026.

Key facts

Type
2-bed apartment
Size
884 sqft
Floor
5th of 7
Parking
G-205
Developer
Nshmi Development
Completed
2019
Service charge
AED 13,500 /yr
Last sold
AED 1.23M · March 2026

About 508, Zahra Apartments 1A

508 is a two-bedroom apartment of 884 sqft on the 5th floor of Zahra Apartments 1A, a 7-storey tower in Town Square completed in 2019 by Nshmi Development. The developer sold it on 23 March 2026 for AED 1,225,000, or AED 1,385 per sqft, 11% above the AED 1,247 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 January 2026. The current contract, renewed on 1 January 2026, is AED 62,620 a year: a gross yield of 5.1% on the 2026 price, before the service charge of about AED 13,500 a year.

Sales and rents for 508 over time

Sales
Unit 508, each saleTypical two-bed in Zahra Apartments 1A
1.1M1.2M202520262027Typical sale price by year: 2025 AED 1,100,000; 2026 AED 1,185,000Sold by developer, March 2026: AED 1,225,000 (AED 1,385 per sqft)

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

Rents
Unit 508, each contractTypical two-bed in Zahra Apartments 1A
60K70K80K202520262027Typical rent by year: 2025 AED 81,500; 2026 AED 77,500Renewal, January 2026: AED 62,620 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 Zahra Apartments 1A, and where 508 sits

All 18 2-beds →

508 last sold in March 2026 at AED 1,385 per sqft, 11% above what two-beds in Zahra Apartments 1A were fetching at the time (AED 1,247). Over the last 12 months two-beds sold for AED 960,000 to 1,400,000, around AED 1,252 per sqft, and rent for AED 62,620 to 83,000 a year. 508's AED 62,620 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
8 Oct 2026960,000
31 Mar 20261,170,000
31 Mar 20261,287,500
29 Jan 20261,110,000
8 2-bed sales in the last 12 months

Zahra Apartments 1A

Building

29 apartments, 1-bed to 3-bed over 7 floors in Town Square, completed in 2019 by Nshmi Development. 11 sold in the last 12 months.

Typical price per sqft
AED 1,247 Up 9.8%
Typical sale
AED 1.2M
Typical rent
AED 80K /yr
Typical yield
6.8%
Zahra Apartments 1A, Town Square: prices, sales and rents →

Other units on the 5th floor

All 29 units in Zahra Apartments 1A
Value
5042-bedAED 960K · Oct 2026
5063-bedAED 1.6M · Feb 2025
5122-bedAED 1.07M · Jul 2025
5173-bedNo registered sale
5202-bedAED 1.1M · Jun 2025

508, Zahra Apartments 1A in numbers

  • Sold once: by Nshmi Development on 23 March 2026 for AED 1,225,000, or AED 1,385 per sqft.
  • Rented since January 2026 on one Ejari contract, at AED 62,620 a year.
  • At AED 62,620 a year the gross yield on the 2026 price is 5.1%, before a service charge of about AED 13,500 a year (AED 15.30 per sqft).
  • Two-beds in Zahra Apartments 1A sold for AED 960,000–1,400,000 in the 12 months to November 2026; the building's median across all types is AED 1,247 per sqft.

Source: Dubai Land Department. Updated 23 March 2026.

Questions about 508, Zahra Apartments 1A

What did unit 508 last sell for?

AED 1,225,000 on 23 March 2026, sold by the developer: AED 1,385 per sqft for 884 sqft. It is the only registered sale of the unit.

What is the rent for unit 508?

AED 62,620 a year on the contract renewed on 1 January 2026.

How big is unit 508?

884 sqft (82.1 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2019.

What is unit 508 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Zahra Apartments 1A sold for AED 960,000 to 1,400,000 in the last 12 months, around AED 1,252 per sqft.

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Mortgage on 508, Zahra Apartments 1A

Starts from the last sale price (AED 1.23M, 23 March 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,225,000
Deposit, UAE resident (20%)
AED 245,000
Deposit, non-resident (40%)
AED 490,000
Monthly over 25 years at 3.7%
AED 5,012

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