Studio · 391 sqft15 Northside Tower 1, Business Bay · 5th floor · completed 2023

A-508, 15 Northside Tower 1

Sold prices and rental history: sold once, by the developer in August 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A-508 · DLD and Ejari recordsUpdated 19 August 2021
Last soldAED 620K19 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A-508, 15 Northside Tower 1

What is A-508 worth today?

Last sold for AED 620,000 in 2021

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19 Aug 2021Sold by developerOff-plan
AED 620,000AED 1,585 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 19 August 2021.

Key facts

Type
Studio apartment
Size
391 sqft
Floor
5th of 21
Parking
1
Developer
Select Global Development
Completed
2023
Last sold
AED 620K · August 2021

About A-508, 15 Northside Tower 1

A-508 is a studio of 391 sqft on the 5th floor of 15 Northside Tower 1, a 21-storey tower in Business Bay completed in 2023 by Select Global Development. The developer sold it on 19 August 2021 for AED 620,000, or AED 1,585 per sqft, 9% below the AED 1,744 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for A-508 over time

Sales
Unit A-508, each saleTypical studio in 15 Northside Tower 1
600K800K1M2021202320252027Typical sale price by year: 2021 AED 645,400; 2022 AED 750,000; 2023 AED 850,000; 2024 AED 930,000; 2025 AED 1,050,000; 2026 AED 1,050,000Sold by developer, August 2021: AED 620,000 (AED 1,585 per sqft)

A-508 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit A-508, each contractTypical studio in 15 Northside Tower 1
65K70K75K20232024202520262027Typical rent by year: 2023 AED 65,000; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 75,000

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in 15 Northside Tower 1, and where A-508 sits

All 118 studios →

A-508 last sold in August 2021 at AED 1,585 per sqft, 9% below what studios in 15 Northside Tower 1 were fetching at the time (AED 1,744). Over the last 12 months studios sold for AED 925,000 to 1,075,000, around AED 2,787 per sqft, and rent for AED 62,000 to 84,900 a year.

Recent studio salesUnit no.Price (AED)Summary
16 Feb 20261,050,000
6 Feb 20261,050,000
29 Jan 20261,020,000
27 Jan 20261,050,000
10 studio sales in the last 12 months

15 Northside Tower 1

Building

244 apartments, studios to 2-bed over 21 floors in Business Bay, completed in 2023 by Select Global Development. 16 sold in the last 12 months.

Typical price per sqft
AED 2,549 Up 2.9%
Typical sale
AED 1.29M
Typical rent
AED 85K /yr
Typical yield
7.1%
15 Northside Tower 1, Business Bay: prices, sales and rents →

Other units on the 5th floor

All 244 units in 15 Northside Tower 1
Value
A-5011-bedAED 1.24M · Aug 2021
A-5021-bedAED 1.59M · Apr 2024
A-5031-bedAED 1.06M · Apr 2022
A-504StudioAED 600K · Nov 2021
A-505StudioAED 600K · Nov 2021
A-506StudioAED 600K · Nov 2021
A-507StudioAED 590K · Nov 2021
1–7 of 10

A-508, 15 Northside Tower 1 in numbers

  • Sold once: by Select Global Development on 19 August 2021 for AED 620,000, or AED 1,585 per sqft.
  • Studios in 15 Northside Tower 1 sold for AED 925,000–1,075,000 in the 12 months to November 2026; the building's median across all types is AED 2,549 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 19 August 2021.

Questions about A-508, 15 Northside Tower 1

What did unit A-508 last sell for?

AED 620,000 on 19 August 2021, sold by the developer: AED 1,585 per sqft for 391 sqft. It is the only registered sale of the unit.

How big is unit A-508?

391 sqft (36.3 sqm): a studio on the 5th floor of a 21-storey tower completed in 2023.

What is unit A-508 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in 15 Northside Tower 1 sold for AED 925,000 to 1,075,000 in the last 12 months, around AED 2,787 per sqft.

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Mortgage on A-508, 15 Northside Tower 1

Starts from the last sale price (AED 620K, 19 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 620,000
Deposit, UAE resident (20%)
AED 124,000
Deposit, non-resident (40%)
AED 248,000
Monthly over 25 years at 3.7%
AED 2,537

Plus AED 31,050 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →