1-bed · 1,095 sqftCourtyard Apartments 2, Mirdif · 1st floor

5116, Courtyard Apartments 2

Sold prices and rental history: sold once, by the developer in June 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5116 · DLD and Ejari recordsUpdated 10 November 2023
Last soldAED 656K30 June 2014
Current rentAED 60K /yr10 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5116, Courtyard Apartments 2

What is 5116 worth today?

Last sold for AED 656,000 in 2014

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10 Nov 2023RentedNew contract
AED 60,000/yr12 months · AED 55 per sqft
15 Apr 2020RentedRenewal
AED 50,000/yr11 months · AED 46 per sqft
15 Mar 2019RentedRenewal
AED 55,385/yr13 months · AED 50 per sqft
26 Dec 2014RentedNew contract
AED 75,000/yr12 months · AED 68 per sqft
1 Aug 2014RentedNew contract
AED 65,000/yr12 months · AED 59 per sqft
30 Jun 2014Sold by developerReady
AED 656,000AED 598 per sqft
1 Aug 2013RentedNew contract
AED 56,000/yr12 months · AED 51 per sqft

Source: Dubai Land Department. Updated 10 November 2023.

Key facts

Type
1-bed apartment
Size
1,095 sqft
Floor
1st of 2
Parking
B-016
Service charge
AED 9,800 /yr
Last sold
AED 656K · June 2014

About 5116, Courtyard Apartments 2

5116 is a one-bedroom apartment of 1,095 sqft on the 1st floor of Courtyard Apartments 2, a 2-storey tower in Mirdif. The developer sold it on 30 June 2014 for AED 656,000, or AED 598 per sqft, in line with the AED 599 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 10 November 2023, is AED 60,000 a year: a gross yield of 9.2% on the 2014 price, before the service charge of about AED 9,800 a year.

Sales and rents for 5116 over time

Sales
Unit 5116, each saleTypical one-bed in Courtyard Apartments 2
600K800K20142017202020232026Typical sale price by year: 2014 AED 609,000; 2015 AED 609,000; 2017 AED 830,000; 2023 AED 637,500; 2024 AED 730,858; 2025 AED 930,000Sold by developer, June 2014: AED 656,000 (AED 598 per sqft)

5116 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 5116, each contractTypical one-bed in Courtyard Apartments 2
50K75K2013201720212025Typical rent by year: 2013 AED 58,800; 2014 AED 70,000; 2015 AED 85,000; 2016 AED 80,000; 2017 AED 75,000; 2018 AED 60,000; 2019 AED 60,000; 2020 AED 49,866; 2021 AED 40,000; 2022 AED 45,000; 2023 AED 50,000; 2024 AED 57,750; 2025 AED 63,000; 2026 AED 60,637New contract, August 2013: AED 56,000 a yearNew contract, August 2014: AED 65,000 a yearNew contract, December 2014: AED 75,000 a yearRenewal, March 2019: AED 55,385 a yearRenewal, April 2020: AED 50,000 a yearNew contract, November 2023: AED 60,000 a year

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

1-beds in Courtyard Apartments 2, and where 5116 sits

All 69 1-beds →

5116 last sold in June 2014 at AED 598 per sqft, in line with what one-beds in Courtyard Apartments 2 were fetching at the time (AED 599). Over the last 12 months one-beds sold for AED 930,000, around AED 956 per sqft, and rent for AED 45,000 to 85,000 a year. 5116's AED 60,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
8 Jan 2026930,000
31 Jul 20251,000,000
24 Jun 2025900,000
25 Feb 2025960,000
1 1-bed sale in the last 12 months

Courtyard Apartments 2

Building

116 apartments, studios to 1-bed over 2 floors in Mirdif. 1 sold in the last 12 months.

Typical price per sqft
AED 956
Typical sale
AED 930K
Typical rent
AED 60K /yr
Typical yield
7.8%
Courtyard Apartments 2, Mirdif: prices, sales and rents →

Other units on the 1st floor

All 116 units in Courtyard Apartments 2
Value
51011-bedAED 546K · Nov 2014
5102StudioAED 383K · Nov 2014
51031-bedAED 572K · Oct 2014
5104StudioAED 431K · Nov 2014
5105StudioAED 394K · Nov 2014
5106StudioAED 500K · Jan 2024
5107StudioAED 394K · Dec 2014
1–7 of 57

5116, Courtyard Apartments 2 in numbers

  • Sold once: by the developer on 30 June 2014 for AED 656,000, or AED 598 per sqft.
  • Rented since August 2013 on 6 Ejari contracts. The rent fell from AED 56,000 to AED 50,000 in 2020 and recovered to AED 60,000 by November 2023.
  • At AED 60,000 a year the gross yield on the 2014 price is 9.2%, before a service charge of about AED 9,800 a year (AED 8.95 per sqft).
  • One-beds in Courtyard Apartments 2 sold for AED 930,000–930,000 in the 12 months to November 2026; the building's median across all types is AED 956 per sqft.

Source: Dubai Land Department. Updated 10 November 2023.

Questions about 5116, Courtyard Apartments 2

What did unit 5116 last sell for?

AED 656,000 on 30 June 2014, sold by the developer: AED 598 per sqft for 1,095 sqft. It is the only registered sale of the unit.

What is the rent for unit 5116?

AED 60,000 a year on the contract signed on 10 November 2023. The previous contract, from April 2020, was AED 50,000; the unit has been rented since August 2013.

How big is unit 5116?

1,095 sqft (101.7 sqm): a one-bedroom apartment on the 1st floor of a 2-storey tower.

What is unit 5116 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Courtyard Apartments 2 sold for AED 930,000 to 930,000 in the last 12 months, around AED 956 per sqft.

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Mortgage on 5116, Courtyard Apartments 2

Starts from the last sale price (AED 656K, 30 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 656,000
Deposit, UAE resident (20%)
AED 131,200
Deposit, non-resident (40%)
AED 262,400
Monthly over 25 years at 3.7%
AED 2,684

Plus AED 32,562 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →