2-bed · 858 sqftSobha Hartland Waves, Sobha Hartland · 5th floor · completed 2024

504, Sobha Hartland Waves

Sold prices and rental history: sold twice, last in August 2023, and rented once, from August 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 15 August 2024
Last soldAED 1.5M15 August 2023
Current rentAED 118K /yr15 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Sobha Hartland Waves

What is 504 worth today?

Last sold for AED 1,500,000 in 2023

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15 Aug 2024RentedNew contract
AED 118,000/yr12 months · AED 138 per sqft
15 Aug 2023SoldReady
AED 1,500,000AED 1,748 per sqft
7 Apr 2022Sold by developerOff-plan
AED 1,650,000AED 1,920 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 August 2024.

Key facts

Type
2-bed apartment
Size
858 sqft
Floor
5th of 35
Parking
P5-10
Developer
Sobha
Completed
2024
Last sold
AED 1.5M · August 2023

About 504, Sobha Hartland Waves

504 is a two-bedroom apartment of 858 sqft on the 5th floor of Sobha Hartland Waves, a 35-storey tower in Sobha Hartland completed in 2024 by Sobha. It last sold on 15 August 2023 for AED 1,500,000, or AED 1,748 per sqft, 15% below the AED 2,050 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 August 2024. The current contract, signed on 15 August 2024, is AED 118,000 a year: a gross yield of 7.9% on the 2023 price.

Sales and rents for 504 over time

Sales
Unit 504, each saleTypical two-bed in Sobha Hartland Waves
1.5M2M2021202320252027Typical sale price by year: 2021 AED 1,650,000; 2022 AED 2,300,000; 2023 AED 2,000,000; 2024 AED 2,212,000; 2025 AED 1,910,000; 2026 AED 1,900,000Sold by developer, April 2022: AED 1,650,000 (AED 1,920 per sqft)Sold, August 2023: AED 1,500,000 (AED 1,748 per sqft)

504 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 504, each contractTypical two-bed in Sobha Hartland Waves
120K140K20232024202520262027Typical rent by year: 2023 AED 130,000; 2024 AED 130,000; 2025 AED 130,000; 2026 AED 150,000New contract, August 2024: AED 118,000 a year

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

2-beds in Sobha Hartland Waves, and where 504 sits

All 148 2-beds →

504 last sold in August 2023 at AED 1,748 per sqft, 15% below what two-beds in Sobha Hartland Waves were fetching at the time (AED 2,050). Over the last 12 months two-beds sold for AED 1,600,000 to 2,500,000, around AED 2,177 per sqft, and rent for AED 85,000 to 200,000 a year. 504's AED 118,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
30 Jan 20261,900,000
26 Jan 20262,450,000
6 Jan 20261,600,000
16 Dec 20251,800,000
8 2-bed sales in the last 12 months

Sobha Hartland Waves

Building

591 apartments, 1-bed to 2-bed over 35 floors in Sobha Hartland, completed in 2024 by Sobha. 24 sold in the last 12 months.

Typical price per sqft
AED 2,229 Down 1.1%
Typical sale
AED 1.36M
Typical rent
AED 90K /yr
Typical yield
6.9%
Sobha Hartland Waves, Sobha Hartland: prices, sales and rents →

Other units on the 5th floor

All 591 units in Sobha Hartland Waves
Value
5011-bedAED 1.1M · Jan 2024
5021-bedAED 1.23M · Mar 2022
5032-bedAED 2.3M · May 2022
5052-bedAED 2.36M · Sep 2024
506AED 1.4M · Oct 2025
5071-bedAED 1.26M · Nov 2023
5081-bedAED 975K · Dec 2022
1–7 of 16

504, Sobha Hartland Waves in numbers

  • Sold twice: first on 7 April 2022 for AED 1,650,000, last on 15 August 2023 for AED 1,500,000 (AED 1,748 per sqft).
  • Rented since August 2024 on one Ejari contract, at AED 118,000 a year.
  • At AED 118,000 a year the gross yield on the 2023 price is 7.9%.
  • Two-beds in Sobha Hartland Waves sold for AED 1,600,000–2,500,000 in the 12 months to November 2026; the building's median across all types is AED 2,229 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 15 August 2024.

Questions about 504, Sobha Hartland Waves

What did unit 504 last sell for?

AED 1,500,000 on 15 August 2023: AED 1,748 per sqft for 858 sqft. The unit has 2 registered sales; the first was AED 1,650,000 in April 2022.

What is the rent for unit 504?

AED 118,000 a year on the contract signed on 15 August 2024.

How big is unit 504?

858 sqft (79.7 sqm): a two-bedroom apartment on the 5th floor of a 35-storey tower completed in 2024.

What is unit 504 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Sobha Hartland Waves sold for AED 1,600,000 to 2,500,000 in the last 12 months, around AED 2,177 per sqft.

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Mortgage on 504, Sobha Hartland Waves

Starts from the last sale price (AED 1.5M, 15 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

Plus AED 68,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →