3-bed · 2,465 sqftWorld Trade Centre Residence, Trade Center Second · 5th floor · completed 2008

516, World Trade Centre Residence

Sold prices and rental history: sold twice, last in February 2015, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 516 · DLD and Ejari recordsUpdated 18 February 2015

Last soldAED 1.9M18 February 2015

Current rentAED 360K /yr1 October 2013

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 516, World Trade Centre Residence

Today

What is 516 worth today?

Last sold for AED 1,900,000 in 2015

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18 Feb 2015

18 Feb 2015SoldReady

AED 1,900,000AED 770 per sqft

1 Oct 2013

1 Oct 2013RentedNew contract

AED 360,000/yr5 months · AED 146 per sqft

1 Apr 2013

1 Apr 2013RentedNew contract

AED 162,000/yr6 months · AED 66 per sqft

24 Dec 2008

24 Dec 2008Sold by developerReady

AED 3,880,000AED 1,574 per sqft

Source: Dubai Land Department. Updated 18 February 2015.

Key facts

Type: 3-bed apartment
Size: 2,465 sqft
Floor: 5th of 39
Parking: B2-109,110
Developer: Jumeirah Group
Completed: 2008
Service charge: AED 83,800 /yr
Last sold: AED 1.9M · February 2015
Building: World Trade Centre Residence

About 516, World Trade Centre Residence

516 is a three-bedroom apartment of 2,465 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 February 2015 for AED 1,900,000, or AED 770 per sqft, 57% below the AED 1,802 three-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 October 2013, is AED 360,000 a year: a gross yield of 18.9% on the 2015 price, before the service charge of about AED 83,800 a year.

Sales and rents for 516 over time

Sales

Unit 516, each saleTypical three-bed in World Trade Centre Residence

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

Rents

Unit 516, each contractTypical three-bed in World Trade Centre Residence

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

3-beds in World Trade Centre Residence, and where 516 sits

All 102 3-beds →

3-beds in World Trade Centre Residence · last 12 months1,491 /sqft World Trade Centre Residence · all types1,521 /sqft

516 last sold in February 2015 at AED 770 per sqft, 57% below what three-beds in World Trade Centre Residence were fetching at the time (AED 1,802). Over the last 12 months three-beds sold for AED 4,000,000 to 6,420,000, around AED 1,491 per sqft, and rent for AED 204,000 to 490,000 a year. 516's AED 360,000 is in the upper half of that range.

Recent 3-bed sales	Size	Price (AED)	Per sqft
23 Oct 202623 October 2026	4,133 sqft	6,420,000	1,553
27 Aug 202627 August 2026	4,133 sqft	4,996,290	1,208
2 Jul 20262 July 2026	2,939 sqft	4,500,000	1,531
3 Apr 20263 April 2026	4,133 sqft	6,000,000	1,451

6 3-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 →

Other units on the 5th floor

All 366 units in World Trade Centre Residence


501	4-bed	3,305 sqft	AED 2MAED 2,000,000 · Jan 2018January 2018	315,000 /yr
502	4-bed	3,305 sqft	AED 4.9MAED 4,900,000 · Nov 2025November 2025	600,000 /yr
503	4-bed	3,175 sqft	AED 4.11MAED 4,110,000 · Dec 2008December 2008	265,000 /yr
504	4-bed	1,539 sqft	AED 3.5MAED 3,500,000 · Jun 2012June 2012	250,000 /yr
505	4-bed	2,928 sqft	AED 3.87MAED 3,870,000 · Dec 2008December 2008	300,000 /yr
506	2-bed	2,368 sqft	AED 4.02MAED 4,020,000 · Feb 2009February 2009
507	4-bed	4,155 sqft	AED 6.79MAED 6,790,000 · Dec 2008December 2008
508	1-bed	969 sqft	AED 1.42MAED 1,420,000 · Mar 2013March 2013	100,000 /yr
509	2-bed	1,249 sqft	AED 1.8MAED 1,800,000 · Jan 2018January 2018	155,000 /yr
510	2-bed	1,464 sqft	AED 950KAED 950,000 · Sep 2009September 2009	109,705 /yr
511	2-bed	2,110 sqft	AED 2.9MAED 2,900,000 · May 2013May 2013
512	2-bed	2,110 sqft	AED 2.9MAED 2,900,000 · Aug 2015August 2015
513	2-bed	2,110 sqft	AED 2.99MAED 2,986,450 · Dec 2008December 2008
514	2-bed	2,110 sqft	AED 1.75MAED 1,750,000 · Nov 2018November 2018	185,000 /yr
515	2-bed	2,336 sqft	AED 2.1MAED 2,100,000 · Feb 2022February 2022	166,537 /yr
517	1-bed	1,453 sqft	AED 1.3MAED 1,300,000 · May 2023May 2023	102,000 /yr
518	2-bed	1,851 sqft	AED 2.38MAED 2,375,000 · Sep 2015September 2015	150,000 /yr
519	2-bed	1,916 sqft	AED 2.75MAED 2,750,000 · Aug 2024August 2024
520	2-bed	1,830 sqft	AED 2.3MAED 2,300,000 · Jul 2016July 2016
522	2-bed	1,744 sqft	AED 2.35MAED 2,350,000 · Dec 2023December 2023	140,000 /yr

1–7 of 20

516, World Trade Centre Residence in numbers

Sold twice: first on 24 December 2008 for AED 3,880,000, last on 18 February 2015 for AED 1,900,000 (AED 770 per sqft).
Rented since April 2013 on 2 Ejari contracts, from AED 162,000 to AED 360,000 a year.
At AED 360,000 a year the gross yield on the 2015 price is 18.9%, before a service charge of about AED 83,800 a year (AED 33.98 per sqft).
Three-beds in World Trade Centre Residence sold for AED 4,000,000–6,420,000 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 February 2015.

Questions about 516, World Trade Centre Residence

What did unit 516 last sell for?

AED 1,900,000 on 18 February 2015: AED 770 per sqft for 2,465 sqft. The unit has 2 registered sales; the first was AED 3,880,000 in December 2008.

What is the rent for unit 516?

AED 360,000 a year on the contract signed on 1 October 2013. The previous contract, from April 2013, was AED 162,000.

How big is unit 516?

2,465 sqft (229.0 sqm): a three-bedroom apartment on the 5th floor of a 39-storey tower completed in 2008.

What is unit 516 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in World Trade Centre Residence sold for AED 4,000,000 to 6,420,000 in the last 12 months, around AED 1,491 per sqft.

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Mortgage on 516, World Trade Centre Residence

Starts from the last sale price (AED 1.9M, 18 February 2015). Switch to today's estimate once you have unlocked it.

Price: AED 1,900,000
Deposit, UAE resident (20%): AED 380,000
Deposit, non-resident (40%): AED 760,000
Monthly over 25 years at 3.7%: AED 7,773

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