2-bed · 2,000 sqftFox Hill 1, Uptown Motorcity · 5th floor

507, Fox Hill 1

Sold prices and rental history: sold 3 times, last in July 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 25 July 2024
Last soldAED 1.3M25 July 2024
Current rentAED 88K /yr11 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Fox Hill 1

What is 507 worth today?

Last sold for AED 1,300,000 in 2024

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25 Jul 2024SoldReady
AED 1,300,000AED 649 per sqft
11 Mar 2024RentedRenewal
AED 88,000/yr12 months · AED 44 per sqft
11 Mar 2023RentedRenewal
AED 84,000/yr12 months · AED 42 per sqft
11 Mar 2022RentedRenewal
AED 80,000/yr12 months · AED 40 per sqft
11 Feb 2021RentedRenewal
AED 69,231/yr13 months · AED 35 per sqft
11 Jan 2020RentedNew contract
AED 83,077/yr13 months · AED 42 per sqft
15 Sep 2017RentedRenewal
AED 100,800/yr12 months · AED 50 per sqft
15 Sep 2016RentedRenewal
AED 100,800/yr12 months · AED 50 per sqft

Source: Dubai Land Department. Updated 25 July 2024.

Key facts

Type
2-bed apartment
Size
2,000 sqft
Floor
5th of 6
Parking
14-260
Service charge
AED 34,600 /yr
Last sold
AED 1.3M · July 2024
Building
Fox Hill 1

About 507, Fox Hill 1

507 is a two-bedroom apartment of 2,000 sqft on the 5th floor of Fox Hill 1, a 6-storey tower in Uptown Motorcity. It last sold on 25 July 2024 for AED 1,300,000, or AED 649 per sqft, in line with the AED 649 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, renewed on 11 March 2024, is AED 88,000 a year: a gross yield of 6.8% on the 2024 price, before the service charge of about AED 34,600 a year.

Sales and rents for 507 over time

Sales
Unit 507, each saleTypical two-bed in Fox Hill 1
1M1.5M2011201520192023Typical sale price by year: 2011 AED 1,099,000; 2014 AED 1,585,870; 2023 AED 1,290,000; 2024 AED 1,370,000Sold by developer, February 2011: AED 1,000,000 (AED 499 per sqft)Sold, March 2014: AED 1,430,000 (AED 714 per sqft)Sold, July 2024: AED 1,300,000 (AED 649 per sqft)

507 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 507, each contractTypical two-bed in Fox Hill 1
100K2012201620202024Typical rent by year: 2012 AED 80,000; 2013 AED 83,500; 2014 AED 88,725; 2015 AED 94,760; 2016 AED 99,324; 2017 AED 100,800; 2018 AED 100,440; 2019 AED 94,060; 2020 AED 84,039; 2021 AED 73,846; 2022 AED 81,375; 2023 AED 86,625; 2024 AED 92,610; 2025 AED 125,000; 2026 AED 126,000New contract, September 2012: AED 83,000 a yearRenewal, September 2013: AED 83,000 a yearNew contract, September 2014: AED 96,000 a yearNew contract, September 2015: AED 100,800 a yearRenewal, September 2016: AED 100,800 a yearRenewal, September 2017: AED 100,800 a yearNew contract, January 2020: AED 83,077 a yearRenewal, February 2021: AED 69,231 a yearRenewal, March 2022: AED 80,000 a yearRenewal, March 2023: AED 84,000 a yearRenewal, March 2024: AED 88,000 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 Fox Hill 1, and where 507 sits

All 17 2-beds →

507 last sold in July 2024 at AED 649 per sqft, in line with what two-beds in Fox Hill 1 were fetching at the time (AED 649). Over the last 12 months two-beds sold for AED 1,800,000 to 1,975,000, around AED 924 per sqft, and rent for AED 90,000 to 175,000 a year. 507's AED 88,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
5 Oct 20261,800,000
31 Mar 20261,975,000
11 Jun 20251,600,000
6 Nov 20241,380,000
2 2-bed sales in the last 12 months

Fox Hill 1

Building

48 apartments, 1-bed to 3-bed over 6 floors in Uptown Motorcity. 9 sold in the last 12 months.

Typical price per sqft
AED 666
Typical sale
AED 950K
Typical rent
AED 88K /yr
Typical yield
8.4%
Fox Hill 1, Uptown Motorcity: prices, sales and rents →

Other units on the 5th floor

All 48 units in Fox Hill 1
Value
5011-bedAED 1.18M · Mar 2014
5023-bedAED 2.9M · Nov 2025
5031-bedAED 1.05M · Aug 2026
5042-bedAED 1.45M · Oct 2024
5052-bedAED 1.45M · Nov 2024
5062-bedAED 1.35M · May 2024
5083-bedAED 1.65M · Feb 2023
1–7 of 8

507, Fox Hill 1 in numbers

  • Sold 3 times: first on 14 February 2011 for AED 1,000,000, last on 25 July 2024 for AED 1,300,000 (AED 649 per sqft).
  • Rented since September 2012 on 11 Ejari contracts. The rent fell from AED 83,000 to AED 69,231 in 2021 and recovered to AED 88,000 by March 2024.
  • At AED 88,000 a year the gross yield on the 2024 price is 6.8%, before a service charge of about AED 34,600 a year (AED 17.29 per sqft).
  • Two-beds in Fox Hill 1 sold for AED 1,800,000–1,975,000 in the 12 months to November 2026; the building's median across all types is AED 666 per sqft.

Source: Dubai Land Department. Updated 25 July 2024.

Questions about 507, Fox Hill 1

What did unit 507 last sell for?

AED 1,300,000 on 25 July 2024: AED 649 per sqft for 2,000 sqft. The unit has 3 registered sales; the first was AED 1,000,000 in February 2011.

What is the rent for unit 507?

AED 88,000 a year on the contract renewed on 11 March 2024. The previous contract, from March 2023, was AED 84,000; the unit has been rented since September 2012.

How big is unit 507?

2,000 sqft (185.8 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower.

What is unit 507 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Fox Hill 1 sold for AED 1,800,000 to 1,975,000 in the last 12 months, around AED 924 per sqft.

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Mortgage on 507, Fox Hill 1

Starts from the last sale price (AED 1.3M, 25 July 2024). 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 →