Studio · 424 sqftShorooq Land 2, Dubailand Residence Complex · 7th floor · completed 2020

703, 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 703 · DLD and Ejari recordsUpdated 1 May 2024
Current rentAED 33K /yr1 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Shorooq Land 2

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1 May 2024RentedRenewal
AED 33,000/yr12 months · AED 78 per sqft
1 May 2023RentedNew contract
AED 30,000/yr12 months · AED 71 per sqft
26 Nov 2022RentedNew contract
AED 29,000/yr12 months · AED 68 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 May 2024.

Key facts

Type
Studio apartment
Size
424 sqft
Floor
7th of 12
Parking
B1-42
Developer
Wishes Land Real Estate Development
Completed
2020
Service charge
AED 2,100 /yr
Last sold
No registered sale

About 703, Shorooq Land 2

703 is a studio of 424 sqft on the 7th 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, renewed on 1 May 2024, is AED 33,000 a year, before the service charge of about AED 2,100 a year.

Sales and rents for 703 over time

Rents
Unit 703, 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 29,000 a yearNew contract, May 2023: AED 30,000 a yearRenewal, May 2024: AED 33,000 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 703 sits

All 163 studios →

703's AED 33,000 is at the bottom 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 47K /yr
Typical yield
Shorooq Land 2, Dubailand Residence Complex: prices, sales and rents →

Other units on the 7th floor

All 253 units in Shorooq Land 2
Value
7011-bedNo registered sale
702StudioNo registered sale
704StudioNo registered sale
705StudioNo registered sale
706StudioNo registered sale
7071-bedNo registered sale
7081-bedNo registered sale
1–7 of 20

703, 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 29,000 to AED 33,000 a year.

Source: YallaValue analysis of Dubai Land Department records. Updated 1 May 2024.

Questions about 703, Shorooq Land 2

What is the rent for unit 703?

AED 33,000 a year on the contract renewed on 1 May 2024. The previous contract, from May 2023, was AED 30,000; the unit has been rented since November 2022.

How big is unit 703?

424 sqft (39.4 sqm): a studio on the 7th floor of a 12-storey tower completed in 2020.

What is unit 703 worth today?

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

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