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832 sqftDesert Sun Tower, Dubailand Residence Complex · 5th floor · completed 2015

503, Desert Sun Tower

Sold prices and rental history: sold twice, last in August 2022, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 8 August 2022
Last soldAED 358K8 August 2022
Current rentAED 61K /yr1 March 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 503, Desert Sun Tower

What is 503 worth today?

Last sold for AED 358,000 in 2022

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8 Aug 2022SoldReady
AED 358,000AED 430 per sqft
1 Mar 2017RentedRenewal
AED 61,000/yr12 months · AED 74 per sqft
1 Mar 2016RentedNew contract
AED 61,000/yr12 months · AED 74 per sqft
14 Feb 2016Sold by developerReady
AED 635,580AED 763 per sqft

Source: Dubai Land Department. Updated 8 August 2022.

Key facts

Type
Apartment
Size
832 sqft
Floor
5th of 9
Parking
B3-40
Developer
Behnam Ali Keivan
Completed
2015
Service charge
AED 13,800 /yr
Last sold
AED 358K · August 2022
Building
Desert Sun Tower

About 503, Desert Sun Tower

503 is an apartment of 832 sqft on the 5th floor of Desert Sun Tower, a 9-storey tower in Dubailand Residence Complex completed in 2015 by Behnam Ali Keivan. It last sold on 8 August 2022 for AED 358,000, or AED 430 per sqft.

It has been rented since 2016 on 2 Ejari contracts. The current contract, renewed on 1 March 2017, is AED 61,000 a year: a gross yield of 17.0% on the 2022 price, before the service charge of about AED 13,800 a year.

Desert Sun Tower

Building

180 apartments, studios to 1-bed over 9 floors in Dubailand Residence Complex, completed in 2015 by Behnam Ali Keivan. 20 sold in the last 12 months.

Typical price per sqft
AED 708 Down 13.3%
Typical sale
AED 561K
Typical rent
AED 42K /yr
Typical yield
9.9%
Desert Sun Tower, Dubailand Residence Complex: prices, sales and rents →

Other units on the 5th floor

All 180 units in Desert Sun Tower
Value
5011-bedAED 599K · Dec 2014
5021-bedAED 583K · Feb 2026
5041-bedAED 465K · May 2023
5051-bedAED 400K · Jul 2020
5061-bedNo registered sale
5071-bedAED 360K · May 2021
508StudioAED 400K · May 2018
1–7 of 19

503, Desert Sun Tower in numbers

  • Sold twice: first on 14 February 2016 for AED 635,580, last on 8 August 2022 for AED 358,000 (AED 430 per sqft).
  • Rented since March 2016 on 2 Ejari contracts, at AED 61,000 a year.
  • At AED 61,000 a year the gross yield on the 2022 price is 17.0%, before a service charge of about AED 13,800 a year (AED 16.53 per sqft).

Source: Dubai Land Department. Updated 8 August 2022.

Questions about 503, Desert Sun Tower

What did unit 503 last sell for?

AED 358,000 on 8 August 2022: AED 430 per sqft for 832 sqft. The unit has 2 registered sales; the first was AED 635,580 in February 2016.

What is the rent for unit 503?

AED 61,000 a year on the contract renewed on 1 March 2017. The previous contract, from March 2016, was AED 61,000.

How big is unit 503?

832 sqft (77.3 sqm): an apartment on the 5th floor of a 9-storey tower completed in 2015.

What is unit 503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 503, Desert Sun Tower

Starts from the last sale price (AED 358K, 8 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 358,000
Deposit, UAE resident (20%)
AED 71,600
Deposit, non-resident (40%)
AED 143,200
Monthly over 25 years at 3.7%
AED 1,465

Plus AED 17,946 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →