3-bed · 2,238 sqftAbbey Crescent 1, Uptown Motorcity · 5th floor

501, Abbey Crescent 1

Sold prices and rental history: sold twice, last in November 2024, 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 28 November 2024
Last soldAED 1.49M26 November 2024
Current rentAED 104K /yr28 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Abbey Crescent 1

What is 501 worth today?

Last sold for AED 1,492,766 in 2024

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28 Nov 2024RentedNew contract
AED 104,211/yr8 months · AED 47 per sqft
26 Nov 2024SoldReady
AED 1,492,766AED 667 per sqft
28 Sep 2022RentedRenewal
AED 97,000/yr13 months · AED 43 per sqft
28 Aug 2021RentedNew contract
AED 87,692/yr13 months · AED 39 per sqft
20 Oct 2020Sold by developerReady
AED 1,397,620AED 624 per sqft
28 Jul 2020RentedRenewal
AED 103,000/yr13 months · AED 46 per sqft
28 Jul 2019RentedNew contract
AED 112,000/yr12 months · AED 50 per sqft
17 Jul 2018RentedRenewal
AED 135,000/yr12 months · AED 60 per sqft

Source: Dubai Land Department. Updated 28 November 2024.

Key facts

Type
3-bed apartment
Size
2,238 sqft
Floor
5th of 5
Parking
A9-A40
Service charge
AED 25,000 /yr
Last sold
AED 1.49M · November 2024

About 501, Abbey Crescent 1

501 is a three-bedroom apartment of 2,238 sqft on the 5th floor of Abbey Crescent 1, a 5-storey tower in Uptown Motorcity. It last sold on 26 November 2024 for AED 1,492,766, or AED 667 per sqft, in line with the AED 667 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 28 November 2024, is AED 104,211 a year: a gross yield of 7.0% on the 2024 price, before the service charge of about AED 25,000 a year.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical three-bed in Abbey Crescent 1
1.4M1.6M2020202220242026Typical sale price by year: 2020 AED 1,471,311; 2024 AED 1,608,804; 2025 AED 1,651,505Sold by developer, October 2020: AED 1,397,620 (AED 624 per sqft)Sold, November 2024: AED 1,492,766 (AED 667 per sqft)

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

Rents
Unit 501, each contractTypical three-bed in Abbey Crescent 1
100K150K2013201720212025Typical rent by year: 2013 AED 125,000; 2014 AED 130,000; 2015 AED 131,250; 2016 AED 138,125; 2017 AED 140,000; 2018 AED 129,575; 2019 AED 115,000; 2020 AED 103,000; 2021 AED 88,955; 2022 AED 100,000; 2023 AED 101,500; 2024 AED 105,000; 2025 AED 119,284; 2026 AED 170,000New contract, August 2013: AED 125,000 a yearNew contract, September 2014: AED 145,000 a yearRenewal, September 2015: AED 144,920 a yearNew contract, July 2016: AED 155,000 a yearRenewal, July 2017: AED 155,000 a yearRenewal, July 2018: AED 135,000 a yearNew contract, July 2019: AED 112,000 a yearRenewal, July 2020: AED 103,000 a yearNew contract, August 2021: AED 87,692 a yearRenewal, September 2022: AED 97,000 a yearNew contract, November 2024: AED 104,211 a year

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

3-beds in Abbey Crescent 1, and where 501 sits

All 34 3-beds →

501 last sold in November 2024 at AED 667 per sqft, in line with what three-beds in Abbey Crescent 1 were fetching at the time (AED 667). Over the last 12 months three-beds sold for AED 2,400,000 to 2,600,000, around AED 1,074 per sqft, and rent for AED 155,000 to 180,000 a year. 501's AED 104,211 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
18 Mar 20262,600,000
24 Feb 20262,400,000
4 Nov 20252,500,000
1 Oct 20252,575,000
2 3-bed sales in the last 12 months

Abbey Crescent 1

Building

60 apartments, 2-bed to 3-bed over 5 floors in Uptown Motorcity. 6 sold in the last 12 months.

Typical price per sqft
AED 1,047
Typical sale
AED 1.69M
Typical rent
AED 158K /yr
Typical yield
7.2%
Abbey Crescent 1, Uptown Motorcity: prices, sales and rents →

Other units on the 5th floor

All 60 units in Abbey Crescent 1
Value
5022-bedAED 1.55M · Oct 2025
5032-bedAED 1.34M · May 2025
5042-bedAED 1.4M · Mar 2025
5052-bedAED 1.55M · Apr 2026
5063-bedAED 1.49M · Nov 2024
5073-bedAED 1.41M · Apr 2025
5083-bedAED 1.78M · Apr 2025
1–7 of 9

501, Abbey Crescent 1 in numbers

  • Sold twice: first on 20 October 2020 for AED 1,397,620, last on 26 November 2024 for AED 1,492,766 (AED 667 per sqft).
  • Rented since August 2013 on 11 Ejari contracts. The rent fell from AED 125,000 to AED 87,692 in 2021 and recovered to AED 104,211 by November 2024.
  • At AED 104,211 a year the gross yield on the 2024 price is 7.0%, before a service charge of about AED 25,000 a year (AED 11.18 per sqft).
  • Three-beds in Abbey Crescent 1 sold for AED 2,400,000–2,600,000 in the 12 months to November 2026; the building's median across all types is AED 1,047 per sqft.

Source: Dubai Land Department. Updated 28 November 2024.

Questions about 501, Abbey Crescent 1

What did unit 501 last sell for?

AED 1,492,766 on 26 November 2024: AED 667 per sqft for 2,238 sqft. The unit has 2 registered sales; the first was AED 1,397,620 in October 2020.

What is the rent for unit 501?

AED 104,211 a year on the contract signed on 28 November 2024. The previous contract, from September 2022, was AED 97,000; the unit has been rented since August 2013.

How big is unit 501?

2,238 sqft (207.9 sqm): a three-bedroom apartment on the 5th floor of a 5-storey tower.

What is unit 501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Abbey Crescent 1 sold for AED 2,400,000 to 2,600,000 in the last 12 months, around AED 1,074 per sqft.

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Mortgage on 501, Abbey Crescent 1

Starts from the last sale price (AED 1.49M, 26 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,492,766
Deposit, UAE resident (20%)
AED 298,553
Deposit, non-resident (40%)
AED 597,106
Monthly over 25 years at 3.7%
AED 6,107

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