2-bed · 1,249 sqftWorld Trade Centre Residence, Trade Center Second · 5th floor · completed 2008

509, World Trade Centre Residence

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

Unit 509 · DLD and Ejari recordsUpdated 8 January 2018
Last soldAED 1.8M8 January 2018
Current rentAED 155K /yr1 April 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, World Trade Centre Residence

What is 509 worth today?

Last sold for AED 1,800,000 in 2018

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8 Jan 2018SoldReady
AED 1,800,000AED 1,441 per sqft
1 Apr 2015RentedNew contract
AED 155,000/yr12 months · AED 124 per sqft
1 Apr 2013RentedNew contract
AED 150,000/yr12 months · AED 120 per sqft
4 Feb 2009Sold by developerReady
AED 1,670,000AED 1,337 per sqft

Source: Dubai Land Department. Updated 8 January 2018.

Key facts

Type
2-bed apartment
Size
1,249 sqft
Floor
5th of 39
Parking
B2-086
Developer
Jumeirah Group
Completed
2008
Service charge
AED 42,400 /yr
Last sold
AED 1.8M · January 2018

About 509, World Trade Centre Residence

509 is a two-bedroom apartment of 1,249 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 8 January 2018 for AED 1,800,000, or AED 1,441 per sqft, 4% below the AED 1,502 two-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 1 April 2015, is AED 155,000 a year: a gross yield of 8.6% on the 2018 price, before the service charge of about AED 42,400 a year.

Sales and rents for 509 over time

Sales
Unit 509, each saleTypical two-bed in World Trade Centre Residence
2M3M2008201320182023Typical sale price by year: 2008 AED 2,986,450; 2009 AED 2,894,700; 2010 AED 1,981,000; 2011 AED 1,525,000; 2012 AED 2,432,500; 2013 AED 2,950,000; 2014 AED 3,525,000; 2015 AED 2,900,000; 2016 AED 2,406,000; 2017 AED 2,450,000; 2018 AED 1,780,000; 2019 AED 2,050,000; 2021 AED 1,512,092; 2022 AED 2,100,000; 2023 AED 2,178,788; 2024 AED 2,750,000; 2025 AED 2,900,000; 2026 AED 2,800,000Sold by developer, February 2009: AED 1,670,000 (AED 1,337 per sqft)Sold, January 2018: AED 1,800,000 (AED 1,441 per sqft)

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

Rents
Unit 509, each contractTypical two-bed in World Trade Centre Residence
150K200K2012201620202024Typical rent by year: 2012 AED 141,750; 2013 AED 175,000; 2014 AED 200,000; 2015 AED 200,000; 2016 AED 185,000; 2017 AED 175,000; 2018 AED 153,000; 2019 AED 150,000; 2020 AED 131,000; 2021 AED 125,000; 2022 AED 140,000; 2023 AED 160,000; 2024 AED 175,000; 2025 AED 177,764; 2026 AED 170,000New contract, April 2013: AED 150,000 a yearNew contract, April 2015: AED 155,000 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 World Trade Centre Residence, and where 509 sits

All 182 2-beds →

509 last sold in January 2018 at AED 1,441 per sqft, 4% below what two-beds in World Trade Centre Residence were fetching at the time (AED 1,502). Over the last 12 months two-beds sold for AED 1,750,000 to 3,600,000, around AED 1,531 per sqft, and rent for AED 79,200 to 250,000 a year. 509's AED 155,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
26 Oct 20261,750,000
12 Oct 20262,300,000
25 Sep 20262,900,000
16 Sep 20262,070,000
20 2-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
5014-bedAED 2M · Jan 2018
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
1–7 of 20

509, World Trade Centre Residence in numbers

  • Sold twice: first on 4 February 2009 for AED 1,670,000, last on 8 January 2018 for AED 1,800,000 (AED 1,441 per sqft).
  • Rented since April 2013 on 2 Ejari contracts, from AED 150,000 to AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2018 price is 8.6%, before a service charge of about AED 42,400 a year (AED 33.98 per sqft).
  • Two-beds in World Trade Centre Residence sold for AED 1,750,000–3,600,000 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 8 January 2018.

Questions about 509, World Trade Centre Residence

What did unit 509 last sell for?

AED 1,800,000 on 8 January 2018: AED 1,441 per sqft for 1,249 sqft. The unit has 2 registered sales; the first was AED 1,670,000 in February 2009.

What is the rent for unit 509?

AED 155,000 a year on the contract signed on 1 April 2015. The previous contract, from April 2013, was AED 150,000.

How big is unit 509?

1,249 sqft (116.0 sqm): a two-bedroom apartment on the 5th floor of a 39-storey tower completed in 2008.

What is unit 509 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in World Trade Centre Residence sold for AED 1,750,000 to 3,600,000 in the last 12 months, around AED 1,531 per sqft.

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Mortgage on 509, World Trade Centre Residence

Starts from the last sale price (AED 1.8M, 8 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

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