2-bed · 1,485 sqftAbbey Crescent 2, Uptown Motorcity · 5th floor

502, Abbey Crescent 2

Sold prices and rental history: sold twice, last in October 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 25 October 2023
Last soldAED 1.27M25 October 2023
Current rentAED 70K /yr15 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Abbey Crescent 2

What is 502 worth today?

Last sold for AED 1,270,000 in 2023

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25 Oct 2023SoldReady
AED 1,270,000AED 855 per sqft
15 May 2022RentedRenewal
AED 69,548/yr9 months · AED 47 per sqft
15 May 2021RentedNew contract
AED 60,000/yr12 months · AED 40 per sqft
10 Oct 2018RentedRenewal
AED 98,700/yr12 months · AED 66 per sqft
10 Oct 2017RentedRenewal
AED 98,700/yr12 months · AED 66 per sqft
10 Oct 2016RentedRenewal
AED 98,700/yr12 months · AED 66 per sqft
10 Oct 2015RentedNew contract
AED 98,700/yr12 months · AED 66 per sqft
9 Dec 2013Sold by developerReady
AED 1,108,671AED 746 per sqft

Source: Dubai Land Department. Updated 25 October 2023.

Key facts

Type
2-bed apartment
Size
1,485 sqft
Floor
5th of 5
Parking
A80-A90
Service charge
AED 23,200 /yr
Last sold
AED 1.27M · October 2023

About 502, Abbey Crescent 2

502 is a two-bedroom apartment of 1,485 sqft on the 5th floor of Abbey Crescent 2, a 5-storey tower in Uptown Motorcity. It last sold on 25 October 2023 for AED 1,270,000, or AED 855 per sqft, 7% above the AED 800 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 15 May 2022, is AED 69,548 a year: a gross yield of 5.5% on the 2023 price, before the service charge of about AED 23,200 a year.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical two-bed in Abbey Crescent 2
1.2M1.4M2013201720212025Typical sale price by year: 2013 AED 1,150,480; 2021 AED 1,249,532; 2023 AED 1,285,000; 2026 AED 1,425,000Sold by developer, December 2013: AED 1,108,671 (AED 746 per sqft)Sold, October 2023: AED 1,270,000 (AED 855 per sqft)

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

Rents
Unit 502, each contractTypical two-bed in Abbey Crescent 2
75K100K2013201620192022Typical rent by year: 2013 AED 95,000; 2014 AED 95,000; 2015 AED 99,750; 2016 AED 99,750; 2017 AED 105,000; 2018 AED 98,963; 2019 AED 90,000; 2020 AED 79,600; 2021 AED 74,239; 2022 AED 79,600; 2023 AED 115,000New contract, October 2013: AED 93,000 a yearNew contract, October 2015: AED 98,700 a yearRenewal, October 2016: AED 98,700 a yearRenewal, October 2017: AED 98,700 a yearRenewal, October 2018: AED 98,700 a yearNew contract, May 2021: AED 60,000 a yearRenewal, May 2022: AED 69,548 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 Abbey Crescent 2, and where 502 sits

All 13 2-beds →

502 last sold in October 2023 at AED 855 per sqft, 7% above what two-beds in Abbey Crescent 2 were fetching at the time (AED 800). Over the last 12 months two-beds sold for AED 1,313,600 to 1,730,000, around AED 867 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
18 Sep 20261,470,000
4 Aug 20261,425,000
4 Aug 20261,425,000
23 Jul 20261,470,000
13 2-bed sales in the last 12 months

Abbey Crescent 2

Building

30 apartments, 2-bed to 3-bed over 5 floors in Uptown Motorcity. 33 sold in the last 12 months.

Typical price per sqft
AED 867
Typical sale
AED 1.8M
Typical rent
Few contracts
Typical yield
Abbey Crescent 2, Uptown Motorcity: prices, sales and rents →

Other units on the 5th floor

All 30 units in Abbey Crescent 2
Value
5013-bedAED 2.13M · Jun 2025
5032-bedAED 1.15M · Jun 2023
5043-bedAED 2.2M · Oct 2026
5053-bedAED 1.9M · Sep 2026

502, Abbey Crescent 2 in numbers

  • Sold twice: first on 9 December 2013 for AED 1,108,671, last on 25 October 2023 for AED 1,270,000 (AED 855 per sqft).
  • Rented since October 2013 on 7 Ejari contracts. The rent fell from AED 93,000 to AED 60,000 in 2021 and recovered to AED 69,548 by May 2022.
  • At AED 69,548 a year the gross yield on the 2023 price is 5.5%, before a service charge of about AED 23,200 a year (AED 15.61 per sqft).
  • Two-beds in Abbey Crescent 2 sold for AED 1,313,600–1,730,000 in the 12 months to November 2026; the building's median across all types is AED 867 per sqft.

Source: Dubai Land Department. Updated 25 October 2023.

Questions about 502, Abbey Crescent 2

What did unit 502 last sell for?

AED 1,270,000 on 25 October 2023: AED 855 per sqft for 1,485 sqft. The unit has 2 registered sales; the first was AED 1,108,671 in December 2013.

What is the rent for unit 502?

AED 69,548 a year on the contract renewed on 15 May 2022. The previous contract, from May 2021, was AED 60,000; the unit has been rented since October 2013.

How big is unit 502?

1,485 sqft (138.0 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower.

What is unit 502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Abbey Crescent 2 sold for AED 1,313,600 to 1,730,000 in the last 12 months, around AED 867 per sqft.

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Mortgage on 502, Abbey Crescent 2

Starts from the last sale price (AED 1.27M, 25 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,270,000
Deposit, UAE resident (20%)
AED 254,000
Deposit, non-resident (40%)
AED 508,000
Monthly over 25 years at 3.7%
AED 5,196

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