1-bed · 1,453 sqftWorld Trade Centre Residence, Trade Center Second · 5th floor · completed 2008

517, World Trade Centre Residence

Sold prices and rental history: sold 4 times, last in May 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 517 · DLD and Ejari recordsUpdated 5 May 2023
Last soldAED 1.3M5 May 2023
Current rentAED 102K /yr31 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 517, World Trade Centre Residence

What is 517 worth today?

Last sold for AED 1,300,000 in 2023

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5 May 2023SoldReady
AED 1,300,000AED 894 per sqft
31 Mar 2022RentedRenewal
AED 102,000/yr12 months · AED 70 per sqft
31 Mar 2021RentedRenewal
AED 98,000/yr12 months · AED 67 per sqft
31 Mar 2020RentedNew contract
AED 117,000/yr12 months · AED 81 per sqft
31 Mar 2019RentedNew contract
AED 120,000/yr12 months · AED 83 per sqft
9 Jul 2017SoldReady
AED 1,600,000AED 1,101 per sqft
20 Apr 2014RentedNew contract
AED 150,000/yr12 months · AED 103 per sqft
30 Mar 2014SoldReady
AED 2,400,000AED 1,651 per sqft

Source: Dubai Land Department. Updated 5 May 2023.

Key facts

Type
1-bed apartment
Size
1,453 sqft
Floor
5th of 39
Parking
B2-108
Developer
Jumeirah Group
Completed
2008
Service charge
AED 49,400 /yr
Last sold
AED 1.3M · May 2023

About 517, World Trade Centre Residence

517 is a one-bedroom apartment of 1,453 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 5 May 2023 for AED 1,300,000, or AED 894 per sqft, in line with the AED 911 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 31 March 2022, is AED 102,000 a year: a gross yield of 7.8% on the 2023 price, before the service charge of about AED 49,400 a year.

Sales and rents for 517 over time

Sales
Unit 517, each saleTypical one-bed in World Trade Centre Residence
1M2M2008201320182023Typical sale price by year: 2008 AED 2,294,000; 2009 AED 1,520,000; 2011 AED 805,000; 2013 AED 1,495,000; 2015 AED 1,500,000; 2017 AED 1,380,000; 2019 AED 1,050,000; 2023 AED 1,168,000; 2024 AED 1,800,000; 2025 AED 1,603,966Sold by developer, December 2008: AED 2,294,000 (AED 1,578 per sqft)Sold, March 2014: AED 2,400,000 (AED 1,651 per sqft)Sold, July 2017: AED 1,600,000 (AED 1,101 per sqft)Sold, May 2023: AED 1,300,000 (AED 894 per sqft)

517 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 517, each contractTypical one-bed in World Trade Centre Residence
100K150K2012201620202024Typical rent by year: 2012 AED 90,000; 2013 AED 106,000; 2014 AED 120,000; 2015 AED 130,000; 2016 AED 122,500; 2017 AED 110,000; 2018 AED 107,500; 2019 AED 110,333; 2020 AED 95,000; 2021 AED 80,000; 2022 AED 80,000; 2023 AED 110,000; 2024 AED 120,000; 2025 AED 120,000; 2026 AED 122,500New contract, April 2014: AED 150,000 a yearNew contract, March 2019: AED 120,000 a yearNew contract, March 2020: AED 117,000 a yearRenewal, March 2021: AED 98,000 a yearRenewal, March 2022: AED 102,000 a year

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

1-beds in World Trade Centre Residence, and where 517 sits

All 29 1-beds →

517 last sold in May 2023 at AED 894 per sqft, in line with what one-beds in World Trade Centre Residence were fetching at the time (AED 911). 517's AED 102,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Sep 20251,603,966
11 Jun 20252,050,000
15 Jan 20251,425,000
12 Dec 20242,928,000
0 1-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

517, World Trade Centre Residence in numbers

  • Sold 4 times: first on 24 December 2008 for AED 2,294,000, last on 5 May 2023 for AED 1,300,000 (AED 894 per sqft).
  • Rented since April 2014 on 5 Ejari contracts, from AED 150,000 to AED 102,000 a year.
  • At AED 102,000 a year the gross yield on the 2023 price is 7.8%, before a service charge of about AED 49,400 a year (AED 33.98 per sqft).

Source: Dubai Land Department. Updated 5 May 2023.

Questions about 517, World Trade Centre Residence

What did unit 517 last sell for?

AED 1,300,000 on 5 May 2023: AED 894 per sqft for 1,453 sqft. The unit has 4 registered sales; the first was AED 2,294,000 in December 2008.

What is the rent for unit 517?

AED 102,000 a year on the contract renewed on 31 March 2022. The previous contract, from March 2021, was AED 98,000; the unit has been rented since April 2014.

How big is unit 517?

1,453 sqft (135.0 sqm): a one-bedroom apartment on the 5th floor of a 39-storey tower completed in 2008.

What is unit 517 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 517, World Trade Centre Residence

Starts from the last sale price (AED 1.3M, 5 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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