508, Victoria Residency
Sold prices and rental history: sold once, by the developer in October 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Victoria Residency
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Source: YallaValue analysis of Dubai Land Department records. Updated 7 October 2024.
Key facts
- Type
- Apartment
- Size
- 1,967 sqft
- Floor
- 5th of 10
- Parking
- P-61, P-62
- Developer
- CPL Real Estate Development
- Completed
- 2018
- Service charge
- AED 32,000 /yr
- Last sold
- AED 2.05M · October 2024
- Building
- Victoria Residency
About 508, Victoria Residency
508 is an apartment of 1,967 sqft on the 5th floor of Victoria Residency, a 10-storey tower in Al Furjan completed in 2018 by CPL Real Estate Development. The developer sold it on 7 October 2024 for AED 2,050,000, or AED 1,042 per sqft.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 1 January 2023, is AED 92,400 a year: a gross yield of 4.5% on the 2024 price, before the service charge of about AED 32,000 a year.
Victoria Residency
Building103 apartments, 1-bed to 4-bed over 10 floors in Al Furjan, completed in 2018 by CPL Real Estate Development. 4 sold in the last 12 months.
- Typical price per sqft
- AED 1,199
- Typical sale
- AED 2.3M
- Typical rent
- AED 100K /yr
- Typical yield
- 7.4%
Other units on the 5th floor
All 103 units in Victoria Residency| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 3-bed | 1,913 sqft | AED 2.3MAED 2,300,000 · Jan 2026January 2026 | 165,000 /yr | |
| 502 | 2-bed | 1,287 sqft | AED 1.2MAED 1,200,312 · Mar 2017March 2017 | 60,000 /yr | |
| 503 | 2-bed | 1,181 sqft | AED 1.16MAED 1,162,785 · Apr 2017April 2017 | 72,188 /yr | |
| 504 | 2-bed | 1,210 sqft | AED 1.18MAED 1,180,109 · Apr 2017April 2017 | ||
| 505 | 1-bed | 957 sqft | AED 785KAED 785,000 · Aug 2019August 2019 | 72,000 /yr | |
| 506 | 1-bed | 906 sqft | AED 802KAED 801,500 · Mar 2024March 2024 | 48,300 /yr | |
| 507 | 1-bed | 816 sqft | AED 825KAED 825,000 · Sep 2024September 2024 | 57,000 /yr | |
| 509 | 1,914 sqft | AED 2.29MAED 2,290,000 · Nov 2025November 2025 | 155,000 /yr | ||
| 510 | 2-bed | 1,384 sqft | AED 1.24MAED 1,242,831 · Mar 2017March 2017 | 75,000 /yr | |
| 511 | 1-bed | 781 sqft | AED 1.63MAED 1,625,000 · Mar 2025March 2025 | 75,000 /yr |
508, Victoria Residency in numbers
- Sold once: by CPL Real Estate Development on 7 October 2024 for AED 2,050,000, or AED 1,042 per sqft.
- Rented since August 2019 on 4 Ejari contracts. The rent fell from AED 95,000 to AED 80,000 in 2021 and recovered to AED 92,400 by January 2023.
- At AED 92,400 a year the gross yield on the 2024 price is 4.5%, before a service charge of about AED 32,000 a year (AED 16.25 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 7 October 2024.
Questions about 508, Victoria Residency
What did unit 508 last sell for?
AED 2,050,000 on 7 October 2024, sold by the developer: AED 1,042 per sqft for 1,967 sqft. It is the only registered sale of the unit.
What is the rent for unit 508?
AED 92,400 a year on the contract renewed on 1 January 2023. The previous contract, from January 2022, was AED 88,000; the unit has been rented since August 2019.
How big is unit 508?
1,967 sqft (182.7 sqm): an apartment on the 5th floor of a 10-storey tower completed in 2018.
What is unit 508 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 508, Victoria Residency
Starts from the last sale price (AED 2.05M, 7 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,050,000
- Deposit, UAE resident (20%)
- AED 410,000
- Deposit, non-resident (40%)
- AED 820,000
- Monthly over 25 years at 3.7%
- AED 8,387
Plus AED 91,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →