Studio · 398 sqftShorooq Land 2, Dubailand Residence Complex · 5th floor · completed 2020

506, Shorooq Land 2

Sold prices and rental history: no registered sale, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 18 November 2024
Current rentAED 39K /yr18 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, Shorooq Land 2

What is 506 worth today?

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18 Nov 2024RentedNew contract
AED 38,500/yr12 months · AED 97 per sqft
5 Nov 2023RentedRenewal
AED 30,800/yr12 months · AED 77 per sqft
5 Nov 2022RentedNew contract
AED 28,000/yr12 months · AED 70 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 18 November 2024.

Key facts

Type
Studio apartment
Size
398 sqft
Floor
5th of 12
Parking
B1-03
Developer
Wishes Land Real Estate Development
Completed
2020
Service charge
AED 2,000 /yr
Last sold
No registered sale

About 506, Shorooq Land 2

506 is a studio of 398 sqft on the 5th floor of Shorooq Land 2, a 12-storey tower in Dubailand Residence Complex completed in 2020 by Wishes Land Real Estate Development. No sale of the unit is registered with the Dubai Land Department.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 18 November 2024, is AED 38,500 a year, before the service charge of about AED 2,000 a year.

Sales and rents for 506 over time

Rents
Unit 506, each contractTypical studio in Shorooq Land 2
30K40K20222023202420252026Typical rent by year: 2022 AED 28,000; 2023 AED 30,800; 2024 AED 35,000; 2025 AED 39,507New contract, November 2022: AED 28,000 a yearRenewal, November 2023: AED 30,800 a yearNew contract, November 2024: AED 38,500 a year

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

Studios in Shorooq Land 2, and where 506 sits

All 163 studios →

506's AED 38,500 is in the upper half of that range.

0 studio sales in the last 12 months

Shorooq Land 2

Building

253 apartments, studios to 2-bed over 12 floors in Dubailand Residence Complex, completed in 2020 by Wishes Land Real Estate Development. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 43K /yr
Typical yield
Shorooq Land 2, Dubailand Residence Complex: prices, sales and rents →

Other units on the 5th floor

All 253 units in Shorooq Land 2
Value
5011-bedNo registered sale
502StudioNo registered sale
503StudioNo registered sale
504StudioNo registered sale
505StudioNo registered sale
5071-bedNo registered sale
5081-bedNo registered sale
1–7 of 20

506, Shorooq Land 2 in numbers

  • No sale of the unit is registered with the Dubai Land Department.
  • Rented since November 2022 on 3 Ejari contracts, from AED 28,000 to AED 38,500 a year.

Source: YallaValue analysis of Dubai Land Department records. Updated 18 November 2024.

Questions about 506, Shorooq Land 2

What is the rent for unit 506?

AED 38,500 a year on the contract signed on 18 November 2024. The previous contract, from November 2023, was AED 30,800; the unit has been rented since November 2022.

How big is unit 506?

398 sqft (37.0 sqm): a studio on the 5th floor of a 12-storey tower completed in 2020.

What is unit 506 worth today?

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

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