2-bed · 1,801 sqftNewbridge Hills 2, Uptown Motorcity · 5th floor

504, Newbridge Hills 2

Sold prices and rental history: sold once, by the developer in March 2011, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 16 January 2024
Last soldAED 1.56M31 March 2011
Current rentAED 87K /yr16 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Newbridge Hills 2

What is 504 worth today?

Last sold for AED 1,563,000 in 2011

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16 Jan 2024RentedRenewal
AED 87,150/yr12 months · AED 48 per sqft
16 Jan 2023RentedNew contract
AED 83,000/yr12 months · AED 46 per sqft
24 Dec 2021RentedRenewal
AED 72,000/yr12 months · AED 40 per sqft
24 Dec 2020RentedNew contract
AED 70,000/yr12 months · AED 39 per sqft
15 Jul 2019RentedRenewal
AED 88,000/yr12 months · AED 49 per sqft
15 Jul 2018RentedNew contract
AED 90,000/yr12 months · AED 50 per sqft
19 Nov 2014RentedRenewal
AED 99,750/yr12 months · AED 55 per sqft
19 Nov 2013RentedNew contract
AED 95,000/yr12 months · AED 53 per sqft

Source: Dubai Land Department. Updated 16 January 2024.

Key facts

Type
2-bed apartment
Size
1,801 sqft
Floor
5th of 11
Parking
167-168
Service charge
AED 23,400 /yr
Last sold
AED 1.56M · March 2011

About 504, Newbridge Hills 2

504 is a two-bedroom apartment of 1,801 sqft on the 5th floor of Newbridge Hills 2, a 11-storey tower in Uptown Motorcity. The developer sold it on 31 March 2011 for AED 1,563,000, or AED 867 per sqft, in line with the AED 867 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, renewed on 16 January 2024, is AED 87,150 a year: a gross yield of 5.6% on the 2011 price, before the service charge of about AED 23,400 a year.

Sales and rents for 504 over time

Sales
Unit 504, each saleTypical two-bed in Newbridge Hills 2
1.4M1.6M1.8M2011201320152017Typical sale price by year: 2011 AED 1,748,000; 2014 AED 1,463,700; 2015 AED 1,395,700; 2017 AED 1,325,000Sold by developer, March 2011: AED 1,563,000 (AED 867 per sqft)

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

Rents
Unit 504, each contractTypical two-bed in Newbridge Hills 2
75K100K125K2012201620202024Typical rent by year: 2012 AED 76,000; 2013 AED 78,000; 2014 AED 82,000; 2015 AED 88,298; 2016 AED 122,000; 2017 AED 105,000; 2018 AED 92,000; 2019 AED 88,000; 2020 AED 77,000; 2021 AED 70,000; 2022 AED 77,000; 2023 AED 82,826; 2024 AED 91,679; 2025 AED 95,036; 2026 AED 101,072New contract, June 2012: AED 74,000 a yearRenewal, June 2013: AED 74,000 a yearNew contract, November 2013: AED 95,000 a yearRenewal, November 2014: AED 99,750 a yearNew contract, July 2018: AED 90,000 a yearRenewal, July 2019: AED 88,000 a yearNew contract, December 2020: AED 70,000 a yearRenewal, December 2021: AED 72,000 a yearNew contract, January 2023: AED 83,000 a yearRenewal, January 2024: AED 87,150 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 Newbridge Hills 2, and where 504 sits

All 40 2-beds →

504 last sold in March 2011 at AED 867 per sqft, in line with what two-beds in Newbridge Hills 2 were fetching at the time (AED 867). Over the last 12 months two-beds sold for AED 1,400,000, around AED 852 per sqft, and rent for AED 90,000 to 200,000 a year. 504's AED 87,150 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
26 Nov 20251,400,000
24 Jun 20251,780,000
7 Jan 2021710,000
9 Nov 20171,430,000
1 2-bed sale in the last 12 months

Newbridge Hills 2

Building

100 apartments, 1-bed to 3-bed over 11 floors in Uptown Motorcity. 1 sold in the last 12 months.

Typical price per sqft
AED 852
Typical sale
AED 1.4M
Typical rent
AED 100K /yr
Typical yield
5.9%
Newbridge Hills 2, Uptown Motorcity: prices, sales and rents →

Other units on the 5th floor

All 100 units in Newbridge Hills 2
Value
5011-bedAED 1.07M · Mar 2011
5022-bedAED 1.56M · Mar 2011
5031-bedAED 1.05M · Mar 2011
5053-bedAED 2.09M · Mar 2011
5062-bedAED 1.92M · Mar 2011
5071-bedAED 1.41M · Mar 2011
5082-bedAED 1.92M · Mar 2011
1–7 of 9

504, Newbridge Hills 2 in numbers

  • Sold once: by the developer on 31 March 2011 for AED 1,563,000, or AED 867 per sqft.
  • Rented since June 2012 on 10 Ejari contracts, from AED 74,000 to AED 87,150 a year.
  • At AED 87,150 a year the gross yield on the 2011 price is 5.6%, before a service charge of about AED 23,400 a year (AED 12.98 per sqft).
  • Two-beds in Newbridge Hills 2 sold for AED 1,400,000–1,400,000 in the 12 months to November 2026; the building's median across all types is AED 852 per sqft.

Source: Dubai Land Department. Updated 16 January 2024.

Questions about 504, Newbridge Hills 2

What did unit 504 last sell for?

AED 1,563,000 on 31 March 2011, sold by the developer: AED 867 per sqft for 1,801 sqft. It is the only registered sale of the unit.

What is the rent for unit 504?

AED 87,150 a year on the contract renewed on 16 January 2024. The previous contract, from January 2023, was AED 83,000; the unit has been rented since June 2012.

How big is unit 504?

1,801 sqft (167.3 sqm): a two-bedroom apartment on the 5th floor of a 11-storey tower.

What is unit 504 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Newbridge Hills 2 sold for AED 1,400,000 to 1,400,000 in the last 12 months, around AED 852 per sqft.

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Mortgage on 504, Newbridge Hills 2

Starts from the last sale price (AED 1.56M, 31 March 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,563,000
Deposit, UAE resident (20%)
AED 312,600
Deposit, non-resident (40%)
AED 625,200
Monthly over 25 years at 3.7%
AED 6,395

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