4-bed · 3,305 sqftWorld Trade Centre Residence, Trade Center Second · 5th floor · completed 2008

501, World Trade Centre Residence

Sold prices and rental history: sold 3 times, last in January 2018, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 18 January 2018
Last soldAED 2M18 January 2018
Current rentAED 315K /yr9 September 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, World Trade Centre Residence

What is 501 worth today?

Last sold for AED 2,000,000 in 2018

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18 Jan 2018SoldReady
AED 2,000,000AED 605 per sqft
9 Sep 2016RentedRenewal
AED 315,000/yr12 months · AED 95 per sqft
9 Sep 2015RentedRenewal
AED 320,000/yr12 months · AED 97 per sqft
9 Sep 2014RentedNew contract
AED 320,000/yr12 months · AED 97 per sqft
9 Sep 2013RentedNew contract
AED 300,000/yr12 months · AED 91 per sqft
7 Jul 2013SoldReady
AED 4,050,000AED 1,225 per sqft
14 May 2012Sold by developerReady
AED 4,170,000AED 1,261 per sqft

Source: Dubai Land Department. Updated 18 January 2018.

Key facts

Type
4-bed apartment
Size
3,305 sqft
Floor
5th of 39
Parking
B2-068,069
Developer
Jumeirah Group
Completed
2008
Service charge
AED 112,300 /yr
Last sold
AED 2M · January 2018

About 501, World Trade Centre Residence

501 is a four-bedroom apartment of 3,305 sqft on the 5th floor of World Trade Centre Residence, a 39-storey tower in Trade Center Second completed in 2008 by Jumeirah Group. It last sold on 18 January 2018 for AED 2,000,000, or AED 605 per sqft, 9% below the AED 667 four-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 9 September 2016, is AED 315,000 a year: a gross yield of 15.8% on the 2018 price, before the service charge of about AED 112,300 a year.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical four-bed in World Trade Centre Residence
2M4M6M2008201320182023Typical sale price by year: 2008 AED 5,080,000; 2009 AED 5,045,000; 2010 AED 3,000,000; 2012 AED 4,170,000; 2013 AED 5,550,000; 2016 AED 6,000,000; 2017 AED 5,650,000; 2018 AED 4,000,000; 2021 AED 3,902,500; 2023 AED 4,625,000; 2024 AED 5,900,000; 2025 AED 5,825,000Sold by developer, May 2012: AED 4,170,000 (AED 1,261 per sqft)Sold, July 2013: AED 4,050,000 (AED 1,225 per sqft)Sold, January 2018: AED 2,000,000 (AED 605 per sqft)

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

Rents
Unit 501, each contractTypical four-bed in World Trade Centre Residence
300K2013201720212025Typical rent by year: 2013 AED 320,000; 2014 AED 322,500; 2015 AED 327,500; 2016 AED 315,000; 2017 AED 300,000; 2018 AED 285,000; 2019 AED 250,000; 2020 AED 241,679; 2021 AED 240,000; 2022 AED 225,000; 2023 AED 273,000; 2024 AED 285,000; 2025 AED 357,955; 2026 AED 322,500New contract, September 2013: AED 300,000 a yearNew contract, September 2014: AED 320,000 a yearRenewal, September 2015: AED 320,000 a yearRenewal, September 2016: AED 315,000 a year

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

4-beds in World Trade Centre Residence, and where 501 sits

All 52 4-beds →

501 last sold in January 2018 at AED 605 per sqft, 9% below what four-beds in World Trade Centre Residence were fetching at the time (AED 667). Over the last 12 months four-beds sold for AED 4,900,000 to 6,500,000, around AED 1,520 per sqft, and rent for AED 250,000 to 360,000 a year. 501's AED 315,000 is in the upper half of that range.

Recent 4-bed salesUnit no.Price (AED)Summary
27 Feb 20266,500,000
13 Jan 20265,500,000
14 Nov 20254,900,000
11 Sep 20254,300,000
3 4-bed sales in the last 12 months

World Trade Centre Residence

Building

366 apartments, 1-bed to 5-bed over 39 floors in Trade Center Second, completed in 2008 by Jumeirah Group. 29 sold in the last 12 months.

Typical price per sqft
AED 1,521 Up 3.6%
Typical sale
AED 3.28M
Typical rent
AED 185K /yr
Typical yield
6.4%
World Trade Centre Residence, Trade Center Second: prices, sales and rents →
Value
5024-bedAED 4.9M · Nov 2025
5034-bedAED 4.11M · Dec 2008
5044-bedAED 3.5M · Jun 2012
5054-bedAED 3.87M · Dec 2008
5062-bedAED 4.02M · Feb 2009
5074-bedAED 6.79M · Dec 2008
5081-bedAED 1.42M · Mar 2013
1–7 of 20

501, World Trade Centre Residence in numbers

  • Sold 3 times: first on 14 May 2012 for AED 4,170,000, last on 18 January 2018 for AED 2,000,000 (AED 605 per sqft).
  • Rented since September 2013 on 4 Ejari contracts, from AED 300,000 to AED 315,000 a year.
  • At AED 315,000 a year the gross yield on the 2018 price is 15.8%, before a service charge of about AED 112,300 a year (AED 33.98 per sqft).
  • Four-beds in World Trade Centre Residence sold for AED 4,900,000–6,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,521 per sqft.

Source: Dubai Land Department. Updated 18 January 2018.

Questions about 501, World Trade Centre Residence

What did unit 501 last sell for?

AED 2,000,000 on 18 January 2018: AED 605 per sqft for 3,305 sqft. The unit has 3 registered sales; the first was AED 4,170,000 in May 2012.

What is the rent for unit 501?

AED 315,000 a year on the contract renewed on 9 September 2016. The previous contract, from September 2015, was AED 320,000; the unit has been rented since September 2013.

How big is unit 501?

3,305 sqft (307.0 sqm): a four-bedroom apartment on the 5th floor of a 39-storey tower completed in 2008.

What is unit 501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in World Trade Centre Residence sold for AED 4,900,000 to 6,500,000 in the last 12 months, around AED 1,520 per sqft.

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Mortgage on 501, World Trade Centre Residence

Starts from the last sale price (AED 2M, 18 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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