505, Ahad Residences
Sold prices and rental history: sold once, by the developer in June 2022, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Ahad Residences
What is 505 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 7 May 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 683 sqft
- Floor
- 5th of 30
- Parking
- B5-15
- Developer
- Ahad Real Estate Development
- Completed
- 2023
- Service charge
- AED 12,300 /yr
- Last sold
- AED 1.13M · June 2022
- Building
- Ahad Residences
About 505, Ahad Residences
505 is a one-bedroom apartment of 683 sqft on the 5th floor of Ahad Residences, a 30-storey tower in Business Bay completed in 2023 by Ahad Real Estate Development. The developer sold it on 15 June 2022 for AED 1,125,762, or AED 1,634 per sqft, in line with the AED 1,619 one-beds in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 7 May 2025, is AED 105,000 a year: a gross yield of 9.3% on the 2022 price, before the service charge of about AED 12,300 a year.
Sales and rents for 505 over time
505 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Ahad Residences, and where 505 sits
All 221 1-beds →505 last sold in June 2022 at AED 1,634 per sqft, in line with what one-beds in Ahad Residences were fetching at the time (AED 1,619). Over the last 12 months one-beds sold for AED 1,650,000 to 2,265,000, around AED 2,346 per sqft, and rent for AED 90,000 to 170,000 a year. 505's AED 105,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Feb 202618 February 2026 | 648 sqft | 1,700,000 | 2,623 | ||
| 3 Feb 20263 February 2026 | 679 sqft | 1,650,000 | 2,429 | ||
| 23 Jan 202623 January 2026 | 1,002 sqft | 2,265,000 | 2,260 | ||
| 2 Jan 20262 January 2026 | 781 sqft | 85,105 | 108 |
Ahad Residences
Building346 apartments, studios to 3-bed over 30 floors in Business Bay, completed in 2023 by Ahad Real Estate Development. 10 sold in the last 12 months.
- Typical price per sqft
- AED 2,429 Down 1.7%
- Typical sale
- AED 1.94M
- Typical rent
- AED 120K /yr
- Typical yield
- 6.3%
Other units on the 5th floor
All 346 units in Ahad Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 895 sqft | AED 1.9MAED 1,900,000 · Jul 2024July 2024 | 120,323 /yr | |
| 502 | 1-bed | 854 sqft | AED 1.58MAED 1,580,000 · Aug 2023August 2023 | 135,000 /yr | |
| 503 | 1-bed | 686 sqft | AED 1.12MAED 1,121,330 · Jun 2022June 2022 | ||
| 504 | 1-bed | 777 sqft | AED 1.27MAED 1,269,806 · Aug 2022August 2022 | 105,000 /yr | |
| 506 | 1-bed | 908 sqft | AED 1.48MAED 1,484,164 · Jul 2022July 2022 | 125,000 /yr | |
| 507 | 1-bed | 922 sqft | AED 1.35MAED 1,354,083 · May 2022May 2022 | ||
| 508 | Studio | 456 sqft | AED 800KAED 800,000 · Aug 2022August 2022 | ||
| 509 | Studio | 417 sqft | AED 725KAED 725,363 · Sep 2022September 2022 | ||
| 510 | 1-bed | 996 sqft | AED 1.54MAED 1,539,059 · Aug 2022August 2022 | ||
| 511 | Studio | 456 sqft | AED 1.05MAED 1,050,000 · Jan 2024January 2024 | 70,000 /yr | |
| 512 | Studio | 455 sqft | AED 1.28MAED 1,280,000 · Oct 2024October 2024 | 87,000 /yr | |
| 513 | 1-bed | 783 sqft | AED 1.19MAED 1,187,812 · Aug 2022August 2022 | 115,000 /yr | |
| 514 | 1-bed | 879 sqft | AED 1.46MAED 1,461,442 · Aug 2022August 2022 |
505, Ahad Residences in numbers
- Sold once: by Ahad Real Estate Development on 15 June 2022 for AED 1,125,762, or AED 1,634 per sqft.
- Rented since May 2024 on 2 Ejari contracts, from AED 104,719 to AED 105,000 a year.
- At AED 105,000 a year the gross yield on the 2022 price is 9.3%, before a service charge of about AED 12,300 a year (AED 17.98 per sqft).
- One-beds in Ahad Residences sold for AED 1,650,000–2,265,000 in the 12 months to November 2026; the building's median across all types is AED 2,429 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 7 May 2025.
Questions about 505, Ahad Residences
What did unit 505 last sell for?
AED 1,125,762 on 15 June 2022, sold by the developer: AED 1,634 per sqft for 683 sqft. It is the only registered sale of the unit.
What is the rent for unit 505?
AED 105,000 a year on the contract renewed on 7 May 2025. The previous contract, from May 2024, was AED 104,719.
How big is unit 505?
683 sqft (63.5 sqm): a one-bedroom apartment on the 5th floor of a 30-storey tower completed in 2023.
What is unit 505 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Ahad Residences sold for AED 1,650,000 to 2,265,000 in the last 12 months, around AED 2,346 per sqft.
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Mortgage on 505, Ahad Residences
Starts from the last sale price (AED 1.13M, 15 June 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,125,762
- Deposit, UAE resident (20%)
- AED 225,152
- Deposit, non-resident (40%)
- AED 450,305
- Monthly over 25 years at 3.7%
- AED 4,606
Plus AED 52,292 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →