Studio · 378 sqftUPSIDE Living, Business Bay · 5th floor · completed 2023

523, UPSIDE Living

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

Unit 523 · DLD and Ejari recordsUpdated 1 March 2024
Last soldAED 1.13M12 December 2023
Current rentAED 92K /yr1 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 523, UPSIDE Living

What is 523 worth today?

Last sold for AED 1,128,888 in 2023

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1 Mar 2024RentedNew contract
AED 92,000/yr12 months · AED 243 per sqft
12 Dec 2023Sold by developerReady
AED 1,128,888AED 2,986 per sqft

Source: Dubai Land Department. Updated 1 March 2024.

Key facts

Type
Studio apartment
Size
378 sqft
Floor
5th of 29
Parking
1
Developer
SRG
Completed
2023
Service charge
AED 7,300 /yr
Last sold
AED 1.13M · December 2023

About 523, UPSIDE Living

523 is a studio of 378 sqft on the 5th floor of UPSIDE Living, a 29-storey tower in Business Bay completed in 2023 by SRG. The developer sold it on 12 December 2023 for AED 1,128,888, or AED 2,986 per sqft, in line with the AED 2,910 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 March 2024. The current contract, signed on 1 March 2024, is AED 92,000 a year: a gross yield of 8.2% on the 2023 price, before the service charge of about AED 7,300 a year.

Sales and rents for 523 over time

Sales
Unit 523, 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, December 2023: AED 1,128,888 (AED 2,986 per sqft)

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

Rents
Unit 523, 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, March 2024: AED 92,000 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 523 sits

All 378 studios →

523 last sold in December 2023 at AED 2,986 per sqft, in line with what studios in UPSIDE Living were fetching at the time (AED 2,910). 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. 523's AED 92,000 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 5th floor

All 499 units in UPSIDE Living
Value
501StudioAED 1.13M · Dec 2023
502StudioAED 979K · Dec 2023
503StudioAED 1.44M · Oct 2024
505StudioAED 1.34M · Dec 2023
506StudioAED 1.31M · Jan 2024
507StudioAED 1.59M · May 2024
508StudioAED 1.18M · Jan 2024
1–7 of 19

523, UPSIDE Living in numbers

  • Sold once: by SRG on 12 December 2023 for AED 1,128,888, or AED 2,986 per sqft.
  • Rented since March 2024 on one Ejari contract, at AED 92,000 a year.
  • At AED 92,000 a year the gross yield on the 2023 price is 8.2%, 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 1 March 2024.

Questions about 523, UPSIDE Living

What did unit 523 last sell for?

AED 1,128,888 on 12 December 2023, sold by the developer: AED 2,986 per sqft for 378 sqft. It is the only registered sale of the unit.

What is the rent for unit 523?

AED 92,000 a year on the contract signed on 1 March 2024.

How big is unit 523?

378 sqft (35.1 sqm): a studio on the 5th floor of a 29-storey tower completed in 2023.

What is unit 523 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 523, UPSIDE Living

Starts from the last sale price (AED 1.13M, 12 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,128,888
Deposit, UAE resident (20%)
AED 225,778
Deposit, non-resident (40%)
AED 451,555
Monthly over 25 years at 3.7%
AED 4,619

Plus AED 52,424 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →