Studio · 472 sqftUPSIDE Living, Business Bay · 28th floor · completed 2023

2816, UPSIDE Living

Sold prices and rental history: sold once, by the developer in December 2023, and rented once, from August 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2816 · DLD and Ejari recordsUpdated 3 August 2024
Last soldAED 1.32M21 December 2023
Current rentAED 79K /yr3 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2816, UPSIDE Living

What is 2816 worth today?

Last sold for AED 1,320,888 in 2023

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3 Aug 2024RentedNew contract
AED 79,000/yr12 months · AED 167 per sqft
21 Dec 2023Sold by developerReady
AED 1,320,888AED 2,797 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 3 August 2024.

Key facts

Type
Studio apartment
Size
472 sqft
Floor
28th of 29
Parking
1
Developer
SRG
Completed
2023
Service charge
AED 9,100 /yr
Last sold
AED 1.32M · December 2023

About 2816, UPSIDE Living

2816 is a studio of 472 sqft on the 28th floor of UPSIDE Living, a 29-storey tower in Business Bay completed in 2023 by SRG. The developer sold it on 21 December 2023 for AED 1,320,888, or AED 2,797 per sqft, in line with the AED 2,876 studios in the building were fetching at the time.

One Ejari contract is registered, from 3 August 2024. The current contract, signed on 3 August 2024, is AED 79,000 a year: a gross yield of 6.0% on the 2023 price, before the service charge of about AED 9,100 a year.

Sales and rents for 2816 over time

Sales
Unit 2816, each saleTypical studio in UPSIDE Living
1.35M1.4M20232024202520262027Typical 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, December 2023: AED 1,320,888 (AED 2,797 per sqft)

2816 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 2816, each contractTypical studio in UPSIDE Living
80K100K20232024202520262027Typical rent by year: 2023 AED 108,000; 2024 AED 100,000; 2025 AED 98,724; 2026 AED 99,000New contract, August 2024: AED 79,000 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 2816 sits

All 378 studios →

2816 last sold in December 2023 at AED 2,797 per sqft, in line with what studios in UPSIDE Living were fetching at the time (AED 2,876). 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. 2816's AED 79,000 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 28th floor

All 499 units in UPSIDE Living
Value
2801StudioAED 1.28M · Jan 2024
2802StudioAED 1.14M · Dec 2023
2803StudioAED 1.68M · Feb 2026
2805StudioAED 1.58M · Dec 2023
2806StudioAED 1.58M · Jul 2024
2807StudioAED 1.54M · Jan 2024
2808StudioAED 1.43M · Jun 2024
1–7 of 19

2816, UPSIDE Living in numbers

  • Sold once: by SRG on 21 December 2023 for AED 1,320,888, or AED 2,797 per sqft.
  • Rented since August 2024 on one Ejari contract, at AED 79,000 a year.
  • At AED 79,000 a year the gross yield on the 2023 price is 6.0%, 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 3 August 2024.

Questions about 2816, UPSIDE Living

What did unit 2816 last sell for?

AED 1,320,888 on 21 December 2023, sold by the developer: AED 2,797 per sqft for 472 sqft. It is the only registered sale of the unit.

What is the rent for unit 2816?

AED 79,000 a year on the contract signed on 3 August 2024.

How big is unit 2816?

472 sqft (43.9 sqm): a studio on the 28th floor of a 29-storey tower completed in 2023.

What is unit 2816 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 2816, UPSIDE Living

Starts from the last sale price (AED 1.32M, 21 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,320,888
Deposit, UAE resident (20%)
AED 264,178
Deposit, non-resident (40%)
AED 528,355
Monthly over 25 years at 3.7%
AED 5,404

Plus AED 60,488 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →