505, Verve Tower B
Sold prices and rental history: sold once, by the developer in August 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Verve Tower B
What is 505 worth today?
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Source: Dubai Land Department. Updated 7 August 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 788 sqft
- Floor
- 5th of 28
- Parking
- 1
- Developer
- Meraas
- Completed
- 2028
- Last sold
- AED 2.14M · August 2024
- Building
- Verve Tower B
About 505, Verve Tower B
505 is a one-bedroom apartment of 788 sqft on the 5th floor of Verve Tower B, a 28-storey tower in Al Wasl completed in 2028 by Meraas. The developer sold it on 7 August 2024 for AED 2,137,000, or AED 2,711 per sqft, 12% below the AED 3,098 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
1-beds in Verve Tower B, and where 505 sits
All 122 1-beds →505 last sold in August 2024 at AED 2,711 per sqft, 12% below what one-beds in Verve Tower B were fetching at the time (AED 3,098).
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Jan 202522 January 2025 | 786 sqft | 2,850,000 | 3,624 | ||
| 28 Oct 202428 October 2024 | 788 sqft | 2,441,000 | 3,095 | ||
| 18 Oct 202418 October 2024 | 833 sqft | 2,569,000 | 3,083 | ||
| 15 Oct 202415 October 2024 | 833 sqft | 2,575,000 | 3,090 |
Verve Tower B
Building228 apartments, 1-bed to 4-bed over 28 floors in Al Wasl, completed in 2028 by Meraas. 1 sold in the last 12 months.
- Typical price per sqft
- AED 3,114
- Typical sale
- AED 4.7M
- Typical rent
- Few contracts
- Typical yield
Other units on the 5th floor
All 228 units in Verve Tower B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,509 sqft | AED 4.23MAED 4,227,000 · Aug 2024August 2024 | ||
| 502 | 1-bed | 834 sqft | AED 2.54MAED 2,540,000 · Aug 2024August 2024 | ||
| 503 | 1-bed | 833 sqft | AED 2.54MAED 2,538,000 · Aug 2024August 2024 | ||
| 504 | 2-bed | 1,174 sqft | AED 3.63MAED 3,625,000 · May 2025May 2025 | ||
| 506 | 1-bed | 786 sqft | AED 2.13MAED 2,132,000 · Aug 2024August 2024 | ||
| 507 | 2-bed | 1,174 sqft | AED 3.34MAED 3,336,000 · Aug 2024August 2024 | ||
| 508 | 1-bed | 834 sqft | AED 2.54MAED 2,540,000 · Aug 2024August 2024 | ||
| 509 | 1-bed | 833 sqft | AED 2.54MAED 2,538,000 · Sep 2024September 2024 | ||
| 510 | 2-bed | 1,174 sqft | AED 3.34MAED 3,338,000 · Aug 2024August 2024 | ||
| 511 | 2-bed | 1,271 sqft | AED 3.64MAED 3,640,000 · Oct 2024October 2024 |
505, Verve Tower B in numbers
- Sold once: by Meraas on 7 August 2024 for AED 2,137,000, or AED 2,711 per sqft.
Source: Dubai Land Department. Updated 7 August 2024.
Questions about 505, Verve Tower B
What did unit 505 last sell for?
AED 2,137,000 on 7 August 2024, sold by the developer: AED 2,711 per sqft for 788 sqft. It is the only registered sale of the unit.
How big is unit 505?
788 sqft (73.2 sqm): a one-bedroom apartment on the 5th floor of a 28-storey tower completed in 2028.
What is unit 505 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 505, Verve Tower B
Starts from the last sale price (AED 2.14M, 7 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,137,000
- Deposit, UAE resident (20%)
- AED 427,400
- Deposit, non-resident (40%)
- AED 854,800
- Monthly over 25 years at 3.7%
- AED 8,743
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →