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

503, Abbey Crescent 2

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

Unit 503 · DLD and Ejari recordsUpdated 21 June 2023
Last soldAED 1.15M21 June 2023
Current rentAED 90K /yr1 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Abbey Crescent 2

What is 503 worth today?

Last sold for AED 1,150,000 in 2023

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21 Jun 2023SoldReady
AED 1,150,000AED 774 per sqft
1 Sep 2022RentedNew contract
AED 90,000/yr12 months · AED 61 per sqft
1 May 2021RentedNew contract
AED 65,000/yr12 months · AED 44 per sqft
1 Dec 2020RentedNew contract
AED 75,000/yr12 months · AED 51 per sqft
1 Nov 2019RentedNew contract
AED 83,000/yr12 months · AED 56 per sqft
16 Mar 2017RentedNew contract
AED 115,000/yr12 months · AED 77 per sqft
10 Oct 2016RentedRenewal
AED 97,650/yr12 months · AED 66 per sqft
10 Oct 2015RentedNew contract
AED 97,650/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 21 June 2023.

Key facts

Type
2-bed apartment
Size
1,485 sqft
Floor
5th of 5
Parking
A77-A78
Service charge
AED 23,200 /yr
Last sold
AED 1.15M · June 2023

About 503, Abbey Crescent 2

503 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 21 June 2023 for AED 1,150,000, or AED 774 per sqft.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 1 September 2022, is AED 90,000 a year: a gross yield of 7.8% on the 2023 price, before the service charge of about AED 23,200 a year.

Sales and rents for 503 over time

Sales
Unit 503, 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, June 2023: AED 1,150,000 (AED 774 per sqft)

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

Rents
Unit 503, 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 2014: AED 93,000 a yearNew contract, October 2015: AED 97,650 a yearRenewal, October 2016: AED 97,650 a yearNew contract, March 2017: AED 115,000 a yearNew contract, November 2019: AED 83,000 a yearNew contract, December 2020: AED 75,000 a yearNew contract, May 2021: AED 65,000 a yearNew contract, September 2022: AED 90,000 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 Abbey Crescent 2, and where 503 sits

All 13 2-beds →

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
5022-bedAED 1.27M · Oct 2023
5043-bedAED 2.2M · Oct 2026
5053-bedAED 1.9M · Sep 2026

503, Abbey Crescent 2 in numbers

  • Sold twice: first on 9 December 2013 for AED 1,108,671, last on 21 June 2023 for AED 1,150,000 (AED 774 per sqft).
  • Rented since October 2013 on 9 Ejari contracts. The rent fell from AED 93,000 to AED 65,000 in 2021 and recovered to AED 90,000 by September 2022.
  • At AED 90,000 a year the gross yield on the 2023 price is 7.8%, 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 21 June 2023.

Questions about 503, Abbey Crescent 2

What did unit 503 last sell for?

AED 1,150,000 on 21 June 2023: AED 774 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 503?

AED 90,000 a year on the contract signed on 1 September 2022. The previous contract, from May 2021, was AED 65,000; the unit has been rented since October 2013.

How big is unit 503?

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

What is unit 503 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 503, Abbey Crescent 2

Starts from the last sale price (AED 1.15M, 21 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

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