Studio · 378 sqftUPSIDE Living, Business Bay · 16th floor · completed 2023

1623, UPSIDE Living

Sold prices and rental history: sold once, by the developer in March 2025, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1623 · DLD and Ejari recordsUpdated 20 March 2025
Last soldAED 1.2M20 March 2025
Current rentAED 109K /yr1 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1623, UPSIDE Living

What is 1623 worth today?

Last sold for AED 1,200,503 in 2025

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20 Mar 2025Sold by developerReady
AED 1,200,503AED 3,175 per sqft
1 Jun 2024RentedRenewal
AED 109,200/yr12 months · AED 289 per sqft
1 Dec 2023RentedNew contract
AED 104,000/yr6 months · AED 275 per sqft

Source: Dubai Land Department. Updated 20 March 2025.

Key facts

Type
Studio apartment
Size
378 sqft
Floor
16th of 29
Parking
1
Developer
SRG
Completed
2023
Service charge
AED 7,300 /yr
Last sold
AED 1.2M · March 2025

About 1623, UPSIDE Living

1623 is a studio of 378 sqft on the 16th floor of UPSIDE Living, a 29-storey tower in Business Bay completed in 2023 by SRG. The developer sold it on 20 March 2025 for AED 1,200,503, or AED 3,175 per sqft, 3% above the AED 3,068 studios in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 1 June 2024, is AED 109,200 a year: a gross yield of 9.1% on the 2025 price, before the service charge of about AED 7,300 a year.

Sales and rents for 1623 over time

Sales
Unit 1623, 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, March 2025: AED 1,200,503 (AED 3,175 per sqft)

1623 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1623, each contractTypical studio in UPSIDE Living
100K105K110K20232024202520262027Typical rent by year: 2023 AED 108,000; 2024 AED 100,000; 2025 AED 98,724; 2026 AED 99,000New contract, December 2023: AED 104,000 a yearRenewal, June 2024: AED 109,200 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 1623 sits

All 378 studios →

1623 last sold in March 2025 at AED 3,175 per sqft, 3% above what studios in UPSIDE Living were fetching at the time (AED 3,068). 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. 1623's AED 109,200 is in the upper 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 16th floor

All 499 units in UPSIDE Living
Value
1601StudioAED 1.2M · Mar 2025
1602StudioAED 964K · Mar 2025
1603StudioAED 1.38M · Mar 2025
1605StudioAED 1.37M · Mar 2025
1606StudioAED 1.33M · Mar 2025
1607StudioAED 1.7M · Mar 2025
1608StudioAED 1.2M · Mar 2025
1–7 of 19

1623, UPSIDE Living in numbers

  • Sold once: by SRG on 20 March 2025 for AED 1,200,503, or AED 3,175 per sqft.
  • Rented since December 2023 on 2 Ejari contracts, from AED 104,000 to AED 109,200 a year.
  • At AED 109,200 a year the gross yield on the 2025 price is 9.1%, before a service charge of about AED 7,300 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: Dubai Land Department. Updated 20 March 2025.

Questions about 1623, UPSIDE Living

What did unit 1623 last sell for?

AED 1,200,503 on 20 March 2025, sold by the developer: AED 3,175 per sqft for 378 sqft. It is the only registered sale of the unit.

What is the rent for unit 1623?

AED 109,200 a year on the contract renewed on 1 June 2024. The previous contract, from December 2023, was AED 104,000.

How big is unit 1623?

378 sqft (35.1 sqm): a studio on the 16th floor of a 29-storey tower completed in 2023.

What is unit 1623 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 1623, UPSIDE Living

Starts from the last sale price (AED 1.2M, 20 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,503
Deposit, UAE resident (20%)
AED 240,101
Deposit, non-resident (40%)
AED 480,201
Monthly over 25 years at 3.7%
AED 4,912

Plus AED 55,431 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →