1-bed · 788 sqftWilton Terraces 1, Sobha Hartland · 5th floor · completed 2022

I-502, Wilton Terraces 1

Sold prices and rental history: sold once, by the developer in June 2018, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit I-502 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 1M21 June 2018
Current rentAED 90K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for I-502, Wilton Terraces 1

What is I-502 worth today?

Last sold for AED 1,000,828 in 2018

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1 Aug 2024RentedNew contract
AED 90,000/yr12 months · AED 115 per sqft
1 Jun 2023RentedRenewal
AED 65,000/yr12 months · AED 83 per sqft
1 Jun 2022RentedNew contract
AED 65,000/yr12 months · AED 83 per sqft
21 Jun 2018Sold by developerOff-plan
AED 1,000,828AED 1,269 per sqft

Source: Dubai Land Department. Updated 1 August 2024.

Key facts

Type
1-bed apartment
Size
788 sqft
Floor
5th of 12
Parking
P1-11
Developer
Ellington Properties Development
Completed
2022
Service charge
AED 16,100 /yr
Last sold
AED 1M · June 2018

About I-502, Wilton Terraces 1

I-502 is a one-bedroom apartment of 788 sqft on the 5th floor of Wilton Terraces 1, a 12-storey tower in Sobha Hartland completed in 2022 by Ellington Properties Development . The developer sold it on 21 June 2018 for AED 1,000,828, or AED 1,269 per sqft, in line with the AED 1,284 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 1 August 2024, is AED 90,000 a year: a gross yield of 9.0% on the 2018 price, before the service charge of about AED 16,100 a year.

Sales and rents for I-502 over time

Sales
Unit I-502, each saleTypical one-bed in Wilton Terraces 1
1M1.25M1.5M20182020202220242026Typical sale price by year: 2018 AED 1,009,828; 2019 AED 1,004,828; 2020 AED 1,053,828; 2021 AED 1,025,828; 2022 AED 1,125,000; 2023 AED 1,297,500; 2024 AED 1,400,000; 2025 AED 1,450,000Sold by developer, June 2018: AED 1,000,828 (AED 1,269 per sqft)

I-502 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit I-502, each contractTypical one-bed in Wilton Terraces 1
60K80K100K202220242026Typical rent by year: 2022 AED 70,000; 2023 AED 72,798; 2024 AED 88,000; 2025 AED 90,139; 2026 AED 97,500New contract, June 2022: AED 65,000 a yearRenewal, June 2023: AED 65,000 a yearNew contract, August 2024: AED 90,000 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 Wilton Terraces 1, and where I-502 sits

All 85 1-beds →

I-502 last sold in June 2018 at AED 1,269 per sqft, in line with what one-beds in Wilton Terraces 1 were fetching at the time (AED 1,284). Over the last 12 months one-beds sold for AED 1,500,000 to 1,675,000, around AED 1,910 per sqft, and rent for AED 77,000 to 125,000 a year. I-502's AED 90,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Feb 20261,500,000
2 Feb 20261,675,000
30 Dec 20251,500,000
3 Jul 20251,450,000
5 1-bed sales in the last 12 months

Wilton Terraces 1

Building

140 apartments, 1-bed to 2-bed over 12 floors in Sobha Hartland, completed in 2022 by Ellington Properties Development . 7 sold in the last 12 months.

Typical price per sqft
AED 1,910
Typical sale
AED 1.59M
Typical rent
AED 100K /yr
Typical yield
6.2%
Wilton Terraces 1, Sobha Hartland: prices, sales and rents →

Other units on the 5th floor

All 140 units in Wilton Terraces 1
Value
I-5011-bedAED 1.1M · Jul 2023
I-5032-bedAED 1.85M · Mar 2023
I-5042-bedAED 1.52M · Apr 2022
I-5051-bedAED 1.3M · Feb 2023
I-5061-bedAED 1.06M · Jul 2018
I-5071-bedAED 1.12M · Jul 2018
I-5081-bedAED 1.05M · Mar 2021
1–7 of 11

I-502, Wilton Terraces 1 in numbers

  • Sold once: by Ellington Properties Development on 21 June 2018 for AED 1,000,828, or AED 1,269 per sqft.
  • Rented since June 2022 on 3 Ejari contracts, from AED 65,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2018 price is 9.0%, before a service charge of about AED 16,100 a year (AED 20.44 per sqft).
  • One-beds in Wilton Terraces 1 sold for AED 1,500,000–1,675,000 in the 12 months to November 2026; the building's median across all types is AED 1,910 per sqft.

Source: Dubai Land Department. Updated 1 August 2024.

Questions about I-502, Wilton Terraces 1

What did unit I-502 last sell for?

AED 1,000,828 on 21 June 2018, sold by the developer: AED 1,269 per sqft for 788 sqft. It is the only registered sale of the unit.

What is the rent for unit I-502?

AED 90,000 a year on the contract signed on 1 August 2024. The previous contract, from June 2023, was AED 65,000; the unit has been rented since June 2022.

How big is unit I-502?

788 sqft (73.2 sqm): a one-bedroom apartment on the 5th floor of a 12-storey tower completed in 2022.

What is unit I-502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Wilton Terraces 1 sold for AED 1,500,000 to 1,675,000 in the last 12 months, around AED 1,910 per sqft.

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Mortgage on I-502, Wilton Terraces 1

Starts from the last sale price (AED 1M, 21 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,828
Deposit, UAE resident (20%)
AED 200,166
Deposit, non-resident (40%)
AED 400,331
Monthly over 25 years at 3.7%
AED 4,095

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →