511, Taraf 2 Residence
Sold prices and rental history: sold once, by the developer in May 2022, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 511, Taraf 2 Residence
What is 511 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 May 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,558 sqft
- Floor
- 5th of 5
- Parking
- 1
- Developer
- Taraf Properties DMCC
- Completed
- 2023
- Last sold
- AED 1.4M · May 2022
- Building
- Taraf 2 Residence
About 511, Taraf 2 Residence
511 is a two-bedroom apartment of 1,558 sqft on the 5th floor of Taraf 2 Residence, a 5-storey tower in Jumeirah Village Triangle (JVT) completed in 2023 by Taraf Properties DMCC. The developer sold it on 18 May 2022 for AED 1,400,000, or AED 898 per sqft, in line with the AED 884 two-beds in the building were fetching at the time.
It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 1 May 2025, is AED 72,000 a year: a gross yield of 5.1% on the 2022 price.
Sales and rents for 511 over time
511 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Taraf 2 Residence, and where 511 sits
All 20 2-beds →511 last sold in May 2022 at AED 898 per sqft, in line with what two-beds in Taraf 2 Residence were fetching at the time (AED 884).
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Nov 202421 November 2024 | 1,505 sqft | 2,200,000 | 1,461 | ||
| 5 Sep 20245 September 2024 | 1,608 sqft | 2,100,000 | 1,305 | ||
| 24 Jul 202424 July 2024 | 1,722 sqft | 2,050,000 | 1,190 | ||
| 13 Feb 202413 February 2024 | 1,505 sqft | 1,700,000 | 1,129 |
Taraf 2 Residence
Building94 apartments, studios to 2-bed over 5 floors in Jumeirah Village Triangle (JVT), completed in 2023 by Taraf Properties DMCC. 2 sold in the last 12 months.
- Typical price per sqft
- AED 1,296
- Typical sale
- AED 1.45M
- Typical rent
- AED 90K /yr
- Typical yield
- 7.0%
Other units on the 5th floor
All 94 units in Taraf 2 Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,397 sqft | AED 1.6MAED 1,600,000 · Sep 2023September 2023 | ||
| 502 | 1-bed | 946 sqft | AED 885KAED 885,000 · Nov 2022November 2022 | 90,000 /yr | |
| 503 | 1-bed | 863 sqft | AED 890KAED 890,000 · Jan 2023January 2023 | 80,000 /yr | |
| 504 | 1-bed | 873 sqft | AED 890KAED 890,000 · Feb 2023February 2023 | 88,000 /yr | |
| 505 | 1-bed | 703 sqft | AED 720KAED 720,000 · Jul 2022July 2022 | ||
| 506 | 2-bed | 1,532 sqft | AED 1.39MAED 1,390,000 · Apr 2023April 2023 | 115,000 /yr | |
| 507 | 1-bed | 918 sqft | AED 930KAED 930,000 · Apr 2023April 2023 | ||
| 508 | 1-bed | 928 sqft | AED 900KAED 900,000 · Jan 2024January 2024 | 65,000 /yr | |
| 509 | 1-bed | 1,065 sqft | AED 1.22MAED 1,220,000 · Apr 2024April 2024 | 100,000 /yr | |
| 510 | 1-bed | 1,161 sqft | AED 1.04MAED 1,040,000 · Feb 2023February 2023 | 93,000 /yr | |
| 512 | 2-bed | 1,149 sqft | AED 1.02MAED 1,020,000 · Mar 2022March 2022 | ||
| 513 | 2-bed | 1,164 sqft | AED 1.03MAED 1,030,000 · Apr 2022April 2022 | ||
| 514 | 1-bed | 774 sqft | AED 740KAED 740,000 · Apr 2022April 2022 | ||
| 515 | 1-bed | 774 sqft | AED 720KAED 720,000 · May 2022May 2022 | 75,000 /yr | |
| 516 | 1-bed | 777 sqft | AED 1.28MAED 1,280,000 · Oct 2024October 2024 |
511, Taraf 2 Residence in numbers
- Sold once: by Taraf Properties DMCC on 18 May 2022 for AED 1,400,000, or AED 898 per sqft.
- Rented since May 2023 on 3 Ejari contracts, from AED 70,000 to AED 72,000 a year.
- At AED 72,000 a year the gross yield on the 2022 price is 5.1%.
Source: YallaValue analysis of Dubai Land Department records. Updated 1 May 2025.
Questions about 511, Taraf 2 Residence
What did unit 511 last sell for?
AED 1,400,000 on 18 May 2022, sold by the developer: AED 898 per sqft for 1,558 sqft. It is the only registered sale of the unit.
What is the rent for unit 511?
AED 72,000 a year on the contract renewed on 1 May 2025. The previous contract, from May 2024, was AED 72,000; the unit has been rented since May 2023.
How big is unit 511?
1,558 sqft (144.7 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower completed in 2023.
What is unit 511 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 511, Taraf 2 Residence
Starts from the last sale price (AED 1.4M, 18 May 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,400,000
- Deposit, UAE resident (20%)
- AED 280,000
- Deposit, non-resident (40%)
- AED 560,000
- Monthly over 25 years at 3.7%
- AED 5,728
Plus AED 63,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →