1-bed · 771 sqft15 Northside Tower 2, Business Bay · 5th floor · completed 2023

B-501, 15 Northside Tower 2

Sold prices and rental history: sold once, by the developer in October 2021, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B-501 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 1.44M11 October 2021
Current rentAED 107K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B-501, 15 Northside Tower 2

What is B-501 worth today?

Last sold for AED 1,440,000 in 2021

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1 Sep 2024RentedRenewal
AED 107,000/yr12 months · AED 146 per sqft
1 Sep 2023RentedNew contract
AED 107,000/yr12 months · AED 146 per sqft
11 Oct 2021Sold by developerOff-plan
AED 1,440,000AED 1,866 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2024.

Key facts

Type
1-bed apartment
Size
771 sqft
Floor
5th of 8
Parking
1
Developer
Select Global Development
Completed
2023
Last sold
AED 1.44M · October 2021

About B-501, 15 Northside Tower 2

B-501 is a one-bedroom apartment of 771 sqft on the 5th floor of 15 Northside Tower 2, a 8-storey tower in Business Bay completed in 2023 by Select Global Development. The developer sold it on 11 October 2021 for AED 1,440,000, or AED 1,866 per sqft, 6% above the AED 1,758 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 1 September 2024, is AED 107,000 a year: a gross yield of 7.4% on the 2021 price.

Sales and rents for B-501 over time

Sales
Unit B-501, each saleTypical one-bed in 15 Northside Tower 2
1M1.2M1.4M2021202320252027Typical sale price by year: 2021 AED 1,054,650; 2022 AED 1,200,000; 2023 AED 1,272,500; 2024 AED 1,466,000; 2025 AED 1,467,975; 2026 AED 1,350,000Sold by developer, October 2021: AED 1,440,000 (AED 1,866 per sqft)

B-501 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit B-501, each contractTypical one-bed in 15 Northside Tower 2
100K105K110K20232024202520262027Typical rent by year: 2023 AED 100,000; 2024 AED 100,000; 2025 AED 102,500; 2026 AED 110,000New contract, September 2023: AED 107,000 a yearRenewal, September 2024: AED 107,000 a year

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

1-beds in 15 Northside Tower 2, and where B-501 sits

All 93 1-beds →

B-501 last sold in October 2021 at AED 1,866 per sqft, 6% above what one-beds in 15 Northside Tower 2 were fetching at the time (AED 1,758). Over the last 12 months one-beds sold for AED 1,200,000 to 1,430,000, around AED 2,384 per sqft, and rent for AED 86,000 to 150,000 a year. B-501's AED 107,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Feb 20261,350,000
30 Jan 20261,360,000
29 Jan 20261,200,000
19 Jan 2026151,607
6 1-bed sales in the last 12 months

15 Northside Tower 2

Building

96 apartments, 1-bed to 4-bed over 8 floors in Business Bay, completed in 2023 by Select Global Development. 6 sold in the last 12 months.

Typical price per sqft
AED 2,384
Typical sale
AED 1.36M
Typical rent
AED 110K /yr
Typical yield
7.3%
15 Northside Tower 2, Business Bay: prices, sales and rents →

Other units on the 5th floor

All 96 units in 15 Northside Tower 2
Value
B-5022-bedAED 2.64M · Aug 2021
B-5031-bedAED 1.52M · May 2023
B-5041-bedAED 1.54M · Jul 2024
B-5051-bedAED 1.03M · Aug 2021
B-5061-bedAED 1.5M · Oct 2024
B-5071-bedAED 1.09M · Aug 2021
B-5081-bedAED 152K · Jan 2026
1–7 of 11

B-501, 15 Northside Tower 2 in numbers

  • Sold once: by Select Global Development on 11 October 2021 for AED 1,440,000, or AED 1,866 per sqft.
  • Rented since September 2023 on 2 Ejari contracts, at AED 107,000 a year.
  • At AED 107,000 a year the gross yield on the 2021 price is 7.4%.
  • One-beds in 15 Northside Tower 2 sold for AED 1,200,000–1,430,000 in the 12 months to November 2026; the building's median across all types is AED 2,384 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2024.

Questions about B-501, 15 Northside Tower 2

What did unit B-501 last sell for?

AED 1,440,000 on 11 October 2021, sold by the developer: AED 1,866 per sqft for 771 sqft. It is the only registered sale of the unit.

What is the rent for unit B-501?

AED 107,000 a year on the contract renewed on 1 September 2024. The previous contract, from September 2023, was AED 107,000.

How big is unit B-501?

771 sqft (71.6 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2023.

What is unit B-501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in 15 Northside Tower 2 sold for AED 1,200,000 to 1,430,000 in the last 12 months, around AED 2,384 per sqft.

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Mortgage on B-501, 15 Northside Tower 2

Starts from the last sale price (AED 1.44M, 11 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,440,000
Deposit, UAE resident (20%)
AED 288,000
Deposit, non-resident (40%)
AED 576,000
Monthly over 25 years at 3.7%
AED 5,891

Plus AED 65,490 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →