2-bed · 1,210 sqftUrbana Block 31, Emaar South · completed 2019

103, Urbana Block 31

Sold prices and rental history: sold twice, last in April 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 13 July 2024
Last soldAED 800K18 April 2023
Current rentAED 70K /yr13 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, Urbana Block 31

What is 103 worth today?

Last sold for AED 800,000 in 2023

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13 Jul 2024RentedNew contract
AED 70,000/yr12 months · AED 58 per sqft
20 Jun 2023RentedNew contract
AED 58,000/yr12 months · AED 48 per sqft
18 Apr 2023SoldReady
AED 800,000AED 661 per sqft
5 Apr 2021RentedNew contract
AED 35,000/yr12 months · AED 29 per sqft
28 Feb 2017Sold by developerOff-plan
AED 867,888AED 717 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 13 July 2024.

Key facts

Type
2-bed apartment
Size
1,210 sqft
Parking
103-1, 103-2
Developer
Emaar
Completed
2019
Last sold
AED 800K · April 2023

About 103, Urbana Block 31

103 is a two-bedroom apartment of 1,210 sqft of Urbana Block 31, in Emaar South completed in 2019 by Emaar. It last sold on 18 April 2023 for AED 800,000, or AED 661 per sqft, in line with the AED 661 two-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 13 July 2024, is AED 70,000 a year: a gross yield of 8.8% on the 2023 price.

Sales and rents for 103 over time

Rents
Unit 103, each contractTypical two-bed in Urbana Block 31
40K60K202120232025Typical rent by year: 2021 AED 38,000; 2023 AED 51,500; 2024 AED 56,000; 2025 AED 70,000New contract, April 2021: AED 35,000 a yearNew contract, June 2023: AED 58,000 a yearNew contract, July 2024: AED 70,000 a year

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

2-beds in Urbana Block 31, and where 103 sits

All 6 2-beds →

103 last sold in April 2023 at AED 661 per sqft, in line with what two-beds in Urbana Block 31 were fetching at the time (AED 661).

Recent 2-bed salesUnit no.Price (AED)Summary
28 Mar 20231,138,888
23 Jun 2022800,000
27 Feb 2017939,888
26 Feb 2017867,888
0 2-bed sales in the last 12 months

Urbana Block 31

Building

8 apartments, 2-bed to 3-bed in Emaar South, completed in 2019 by Emaar. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 110K /yr
Typical yield
Urbana Block 31, Emaar South: prices, sales and rents →

103, Urbana Block 31 in numbers

  • Sold twice: first on 28 February 2017 for AED 867,888, last on 18 April 2023 for AED 800,000 (AED 661 per sqft).
  • Rented since April 2021 on 3 Ejari contracts, from AED 35,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2023 price is 8.8%.

Source: YallaValue analysis of Dubai Land Department records. Updated 13 July 2024.

Questions about 103, Urbana Block 31

What did unit 103 last sell for?

AED 800,000 on 18 April 2023: AED 661 per sqft for 1,210 sqft. The unit has 2 registered sales; the first was AED 867,888 in February 2017.

What is the rent for unit 103?

AED 70,000 a year on the contract signed on 13 July 2024. The previous contract, from June 2023, was AED 58,000; the unit has been rented since April 2021.

How big is unit 103?

1,210 sqft (112.4 sqm): a two-bedroom apartment of Urbana Block 31 completed in 2019.

What is unit 103 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 103, Urbana Block 31

Starts from the last sale price (AED 800K, 18 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

Plus AED 38,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →