503, Berkeley Place
Sold prices and rental history: sold once, by the developer in March 2023, and rented once, from April 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 503, Berkeley Place
What is 503 worth today?
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Source: Dubai Land Department. Updated 2 April 2025.
Key facts
- Type
- Studio apartment
- Size
- 555 sqft
- Floor
- 5th of 12
- Parking
- 1
- Developer
- Ellington Properties Development
- Completed
- 2024
- Last sold
- AED 1.06M · March 2023
- Building
- Berkeley Place
About 503, Berkeley Place
503 is a studio of 555 sqft on the 5th floor of Berkeley Place, a 12-storey tower in Sobha Hartland completed in 2024 by Ellington Properties Development . The developer sold it on 24 March 2023 for AED 1,055,828, or AED 1,902 per sqft, in line with the AED 1,864 studios in the building were fetching at the time.
One Ejari contract is registered, from 2 April 2025. The current contract, signed on 2 April 2025, is AED 85,000 a year: a gross yield of 8.1% on the 2023 price.
Sales and rents for 503 over time
503 has sold once; the dashed line is the studio median of each year in the building.
Studios in Berkeley Place, and where 503 sits
All 12 studios →503 last sold in March 2023 at AED 1,902 per sqft, in line with what studios in Berkeley Place were fetching at the time (AED 1,864).
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Apr 202530 April 2025 | 555 sqft | 1,180,000 | 2,126 | ||
| 25 Apr 202525 April 2025 | 607 sqft | 1,050,000 | 1,729 | ||
| 4 Apr 20254 April 2025 | 555 sqft | 1,020,000 | 1,837 | ||
| 19 Mar 202519 March 2025 | 555 sqft | 1,080,000 | 1,945 |
Berkeley Place
Building127 apartments, studios to 2-bed over 12 floors in Sobha Hartland, completed in 2024 by Ellington Properties Development . 5 sold in the last 12 months.
- Typical price per sqft
- AED 2,276
- Typical sale
- AED 1.96M
- Typical rent
- AED 150K /yr
- Typical yield
- 7.4%
Other units on the 5th floor
All 127 units in Berkeley Place| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 953 sqft | AED 2.2MAED 2,200,000 · Jun 2025June 2025 | ||
| 502 | 1-bed | 803 sqft | AED 1.41MAED 1,409,828 · Sep 2022September 2022 | 115,000 /yr | |
| 504 | 1-bed | 819 sqft | AED 1.44MAED 1,437,828 · Sep 2022September 2022 | ||
| 505 | 1-bed | 801 sqft | AED 1.41MAED 1,409,828 · Mar 2023March 2023 | ||
| 506 | 2-bed | 1,179 sqft | AED 2.01MAED 2,006,828 · Oct 2022October 2022 | ||
| 507 | 2-bed | 1,326 sqft | AED 2.39MAED 2,392,828 · Sep 2022September 2022 | ||
| 508 | 1-bed | 800 sqft | AED 1.47MAED 1,467,828 · Sep 2022September 2022 | ||
| 509 | 2-bed | 1,186 sqft | AED 2.65MAED 2,650,000 · Apr 2025April 2025 | ||
| 510 | 1-bed | 803 sqft | AED 1.49MAED 1,486,828 · Apr 2023April 2023 | ||
| 511 | 2-bed | 1,186 sqft | AED 2.7MAED 2,700,000 · Dec 2025December 2025 |
503, Berkeley Place in numbers
- Sold once: by Ellington Properties Development on 24 March 2023 for AED 1,055,828, or AED 1,902 per sqft.
- Rented since April 2025 on one Ejari contract, at AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2023 price is 8.1%.
Source: Dubai Land Department. Updated 2 April 2025.
Questions about 503, Berkeley Place
What did unit 503 last sell for?
AED 1,055,828 on 24 March 2023, sold by the developer: AED 1,902 per sqft for 555 sqft. It is the only registered sale of the unit.
What is the rent for unit 503?
AED 85,000 a year on the contract signed on 2 April 2025.
How big is unit 503?
555 sqft (51.6 sqm): a studio on the 5th floor of a 12-storey tower completed in 2024.
What is unit 503 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 503, Berkeley Place
Starts from the last sale price (AED 1.06M, 24 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,055,828
- Deposit, UAE resident (20%)
- AED 211,166
- Deposit, non-resident (40%)
- AED 422,331
- Monthly over 25 years at 3.7%
- AED 4,320
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →