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Studio · 513 sqftCourtyard Apartments 2, Mirdif · 2nd floor

5207, Courtyard Apartments 2

Sold prices and rental history: sold 4 times, last in May 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5207 · DLD and Ejari recordsUpdated 18 May 2024
Last soldAED 400K29 May 2023
Current rentAED 38K /yr18 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 5207, Courtyard Apartments 2

What is 5207 worth today?

Last sold for AED 400,000 in 2023

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18 May 2024RentedNew contract
AED 38,000/yr12 months · AED 74 per sqft
29 May 2023SoldReady
AED 400,000AED 779 per sqft
17 Oct 2020RentedNew contract
AED 28,000/yr12 months · AED 54 per sqft
26 Apr 2017SoldReady
AED 750,000AED 1,461 per sqft
10 Mar 2015SoldReady
AED 550,000AED 1,071 per sqft
15 Dec 2014Sold by developerReady
AED 436,000AED 849 per sqft

Source: Dubai Land Department. Updated 18 May 2024.

Key facts

Type
Studio apartment
Size
513 sqft
Floor
2nd of 2
Parking
B-024
Service charge
AED 4,600 /yr
Last sold
AED 400K · May 2023
Building
Courtyard Apartments 2

About 5207, Courtyard Apartments 2

5207 is a studio of 513 sqft on the 2nd floor of Courtyard Apartments 2, a 2-storey tower in Mirdif. It last sold on 29 May 2023 for AED 400,000, or AED 779 per sqft, 3% below the AED 804 studios in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 18 May 2024, is AED 38,000 a year: a gross yield of 9.5% on the 2023 price, before the service charge of about AED 4,600 a year.

Sales and rents for 5207 over time

Sales
Unit 5207, each saleTypical studio in Courtyard Apartments 2
400K600K800K2014201720202023Typical sale price by year: 2014 AED 431,000; 2015 AED 470,000; 2023 AED 400,000Sold by developer, December 2014: AED 436,000 (AED 849 per sqft)Sold, March 2015: AED 550,000 (AED 1,071 per sqft)Sold, April 2017: AED 750,000 (AED 1,461 per sqft)Sold, May 2023: AED 400,000 (AED 779 per sqft)

5207 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 5207, each contractTypical studio in Courtyard Apartments 2
40K60K2013201720212025Typical rent by year: 2013 AED 50,000; 2014 AED 61,000; 2015 AED 60,000; 2016 AED 56,000; 2017 AED 50,000; 2018 AED 42,500; 2019 AED 40,000; 2020 AED 33,500; 2021 AED 28,000; 2022 AED 30,000; 2023 AED 35,000; 2024 AED 40,000; 2025 AED 45,000; 2026 AED 48,000New contract, October 2020: AED 28,000 a yearNew contract, May 2024: AED 38,000 a year

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

Studios in Courtyard Apartments 2, and where 5207 sits

All 43 studios →

5207 last sold in May 2023 at AED 779 per sqft, 3% below what studios in Courtyard Apartments 2 were fetching at the time (AED 804). 5207's AED 38,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
31 Jul 2025500,000
29 Aug 2024490,000
8 Jan 2024500,000
8 May 2023460,000
0 studio sales 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 2nd floor

All 116 units in Courtyard Apartments 2
Value
52011-bedAED 588K · Jul 2015
5202StudioAED 446K · Jul 2014
52031-bedAED 609K · Oct 2015
5204StudioAED 478K · Oct 2014
5205StudioAED 700K · Feb 2015
5206StudioAED 740K · Sep 2014
52081-bedAED 825K · Aug 2018
1–7 of 57

5207, Courtyard Apartments 2 in numbers

  • Sold 4 times: first on 15 December 2014 for AED 436,000, last on 29 May 2023 for AED 400,000 (AED 779 per sqft).
  • Rented since October 2020 on 2 Ejari contracts, from AED 28,000 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2023 price is 9.5%, before a service charge of about AED 4,600 a year (AED 8.95 per sqft).

Source: Dubai Land Department. Updated 18 May 2024.

Questions about 5207, Courtyard Apartments 2

What did unit 5207 last sell for?

AED 400,000 on 29 May 2023: AED 779 per sqft for 513 sqft. The unit has 4 registered sales; the first was AED 436,000 in December 2014.

What is the rent for unit 5207?

AED 38,000 a year on the contract signed on 18 May 2024. The previous contract, from October 2020, was AED 28,000.

How big is unit 5207?

513 sqft (47.7 sqm): a studio on the 2nd floor of a 2-storey tower.

What is unit 5207 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 5207, Courtyard Apartments 2

Starts from the last sale price (AED 400K, 29 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

Plus AED 19,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →