Studio · 472 sqftUPSIDE Living, Business Bay · 15th floor · completed 2023

1516, UPSIDE Living

Sold prices and rental history: sold once, by the developer in January 2024, and rented once, from September 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1516 · DLD and Ejari recordsUpdated 6 September 2025
Last soldAED 1.19M15 January 2024
Current rentAED 90K /yr6 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1516, UPSIDE Living

What is 1516 worth today?

Last sold for AED 1,191,888 in 2024

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6 Sep 2025RentedNew contract
AED 90,000/yr12 months · AED 191 per sqft
15 Jan 2024Sold by developerReady
AED 1,191,888AED 2,524 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 6 September 2025.

Key facts

Type
Studio apartment
Size
472 sqft
Floor
15th of 29
Parking
1
Developer
SRG
Completed
2023
Service charge
AED 9,100 /yr
Last sold
AED 1.19M · January 2024

About 1516, UPSIDE Living

1516 is a studio of 472 sqft on the 15th floor of UPSIDE Living, a 29-storey tower in Business Bay completed in 2023 by SRG. The developer sold it on 15 January 2024 for AED 1,191,888, or AED 2,524 per sqft, 12% below the AED 2,855 studios in the building were fetching at the time.

One Ejari contract is registered, from 6 September 2025. The current contract, signed on 6 September 2025, is AED 90,000 a year: a gross yield of 7.5% on the 2024 price, before the service charge of about AED 9,100 a year.

Sales and rents for 1516 over time

Sales
Unit 1516, each saleTypical studio in UPSIDE Living
1.2M1.4M20232024202520262027Typical sale price by year: 2023 AED 1,337,888; 2024 AED 1,376,388; 2025 AED 1,336,388; 2026 AED 1,427,388Sold by developer, January 2024: AED 1,191,888 (AED 2,524 per sqft)

1516 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1516, each contractTypical studio in UPSIDE Living
90K100K110K20232024202520262027Typical rent by year: 2023 AED 108,000; 2024 AED 100,000; 2025 AED 98,724; 2026 AED 99,000New contract, September 2025: AED 90,000 a year

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

Studios in UPSIDE Living, and where 1516 sits

All 378 studios →

1516 last sold in January 2024 at AED 2,524 per sqft, 12% below what studios in UPSIDE Living were fetching at the time (AED 2,855). Over the last 12 months studios sold for AED 1,000,000 to 1,688,021, around AED 2,987 per sqft, and rent for AED 50,000 to 132,000 a year. 1516's AED 90,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
13 Feb 20261,280,000
13 Feb 20261,414,888
12 Feb 20261,679,888
11 Feb 20261,439,888
13 studio sales in the last 12 months

UPSIDE Living

Building

499 apartments, studios to 1-bed over 29 floors in Business Bay, completed in 2023 by SRG. 17 sold in the last 12 months.

Typical price per sqft
AED 2,987 Up 2.1%
Typical sale
AED 1.5M
Typical rent
AED 108K /yr
Typical yield
7.1%
UPSIDE Living, Business Bay: prices, sales and rents →

Other units on the 15th floor

All 499 units in UPSIDE Living
Value
1501StudioAED 1.25M · Mar 2024
1502StudioAED 1.04M · Dec 2023
1503AED 1.45M · Oct 2025
1505StudioAED 1.35M · Dec 2023
1506StudioAED 1.41M · Dec 2023
1507StudioAED 1.7M · Apr 2024
1508StudioAED 1.28M · Jan 2024
1–7 of 19

1516, UPSIDE Living in numbers

  • Sold once: by SRG on 15 January 2024 for AED 1,191,888, or AED 2,524 per sqft.
  • Rented since September 2025 on one Ejari contract, at AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2024 price is 7.5%, before a service charge of about AED 9,100 a year (AED 19.34 per sqft).
  • Studios in UPSIDE Living sold for AED 1,000,000–1,688,021 in the 12 months to November 2026; the building's median across all types is AED 2,987 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 6 September 2025.

Questions about 1516, UPSIDE Living

What did unit 1516 last sell for?

AED 1,191,888 on 15 January 2024, sold by the developer: AED 2,524 per sqft for 472 sqft. It is the only registered sale of the unit.

What is the rent for unit 1516?

AED 90,000 a year on the contract signed on 6 September 2025.

How big is unit 1516?

472 sqft (43.9 sqm): a studio on the 15th floor of a 29-storey tower completed in 2023.

What is unit 1516 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in UPSIDE Living sold for AED 1,000,000 to 1,688,021 in the last 12 months, around AED 2,987 per sqft.

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Mortgage on 1516, UPSIDE Living

Starts from the last sale price (AED 1.19M, 15 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,191,888
Deposit, UAE resident (20%)
AED 238,378
Deposit, non-resident (40%)
AED 476,755
Monthly over 25 years at 3.7%
AED 4,876

Plus AED 55,070 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →