507, KOA Canvas
Sold prices and rental history: sold twice, last in March 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 507, KOA Canvas
What is 507 worth today?
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Source: Dubai Land Department. Updated 22 January 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 774 sqft
- Floor
- 5th of 6
- Parking
- G-11
- Developer
- KOA
- Completed
- 2019
- Service charge
- AED 11,600 /yr
- Last sold
- AED 1.25M · March 2023
- Building
- KOA Canvas
About 507, KOA Canvas
507 is a one-bedroom apartment of 774 sqft on the 5th floor of KOA Canvas, a 6-storey tower in Living Legends completed in 2019 by KOA. It last sold on 9 March 2023 for AED 1,250,000, or AED 1,614 per sqft.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 22 January 2024, is AED 120,000 a year: a gross yield of 9.6% on the 2023 price, before the service charge of about AED 11,600 a year.
Sales and rents for 507 over time
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in KOA Canvas, and where 507 sits
All 9 1-beds →| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Feb 202517 February 2025 | 776 sqft | 1,350,000 | 1,739 | ||
| 7 Oct 20247 October 2024 | 1,222 sqft | 1,635,000 | 1,338 | ||
| 19 Jan 202419 January 2024 | 776 sqft | 1,100,000 | 1,417 | ||
| 22 Aug 202322 August 2023 | 776 sqft | 1,200,000 | 1,546 |
KOA Canvas
Building46 apartments, studios to 3-bed over 6 floors in Living Legends, completed in 2019 by KOA. 3 sold in the last 12 months.
- Typical price per sqft
- AED 1,891
- Typical sale
- AED 3.05M
- Typical rent
- AED 123K /yr
- Typical yield
- 6.3%
Other units on the 5th floor
All 46 units in KOA Canvas| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,918 sqft | AED 2.7MAED 2,700,771 · May 2019May 2019 | ||
| 502 | Studio | 811 sqft | AED 1.35MAED 1,350,000 · Jun 2025June 2025 | 90,000 /yr | |
| 503 | 1-bed | 1,222 sqft | AED 1.64MAED 1,635,000 · Oct 2024October 2024 | 155,000 /yr | |
| 504 | 2-bed | 1,797 sqft | AED 2.61MAED 2,605,000 · Nov 2022November 2022 | 140,000 /yr | |
| 505 | 1-bed | 776 sqft | AED 1.35MAED 1,350,000 · Feb 2025February 2025 | 100,000 /yr | |
| 506 | 2-bed | 1,613 sqft | AED 3.05MAED 3,050,000 · Dec 2025December 2025 | 110,000 /yr | |
| 508 | Studio | 569 sqft | No registered sale | 85,000 /yr | |
| 509 | 2-bed | 1,526 sqft | No registered sale | 200,000 /yr | |
| 510 | 2-bed | 1,408 sqft | No registered sale | 120,000 /yr |
507, KOA Canvas in numbers
- Sold twice: first on 3 July 2019 for AED 1,120,000, last on 9 March 2023 for AED 1,250,000 (AED 1,614 per sqft).
- Rented since October 2019 on 4 Ejari contracts. The rent fell from AED 85,000 to AED 60,000 in 2020 and recovered to AED 120,000 by January 2024.
- At AED 120,000 a year the gross yield on the 2023 price is 9.6%, before a service charge of about AED 11,600 a year (AED 15.01 per sqft).
Source: Dubai Land Department. Updated 22 January 2024.
Questions about 507, KOA Canvas
What did unit 507 last sell for?
AED 1,250,000 on 9 March 2023: AED 1,614 per sqft for 774 sqft. The unit has 2 registered sales; the first was AED 1,120,000 in July 2019.
What is the rent for unit 507?
AED 120,000 a year on the contract signed on 22 January 2024. The previous contract, from November 2022, was AED 107,000; the unit has been rented since October 2019.
How big is unit 507?
774 sqft (71.9 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2019.
What is unit 507 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 507, KOA Canvas
Starts from the last sale price (AED 1.25M, 9 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,250,000
- Deposit, UAE resident (20%)
- AED 250,000
- Deposit, non-resident (40%)
- AED 500,000
- Monthly over 25 years at 3.7%
- AED 5,114
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →