2-bed · 1,464 sqftWorld Trade Centre Residence, Trade Center Second · 5th floor · completed 2008

510, World Trade Centre Residence

Sold prices and rental history: sold once, by the developer in September 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 510 · DLD and Ejari recordsUpdated 14 January 2023
Last soldAED 950K1 September 2009
Current rentAED 110K /yr14 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 510, World Trade Centre Residence

What is 510 worth today?

Last sold for AED 950,000 in 2009

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14 Jan 2023RentedRenewal
AED 109,705/yr12 months · AED 75 per sqft
14 Jan 2022RentedRenewal
AED 105,000/yr12 months · AED 72 per sqft
14 Jan 2021RentedRenewal
AED 105,000/yr12 months · AED 72 per sqft
14 Jan 2020RentedNew contract
AED 105,000/yr12 months · AED 72 per sqft
20 Oct 2018RentedNew contract
AED 120,000/yr12 months · AED 82 per sqft
5 Sep 2016RentedRenewal
AED 160,000/yr12 months · AED 109 per sqft
5 Sep 2015RentedRenewal
AED 157,000/yr12 months · AED 107 per sqft
5 Sep 2013RentedNew contract
AED 140,000/yr12 months · AED 96 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 14 January 2023.

Key facts

Type
2-bed apartment
Size
1,464 sqft
Floor
5th of 39
Parking
B2-085
Developer
Jumeirah Group
Completed
2008
Service charge
AED 49,700 /yr
Last sold
AED 950K · September 2009

About 510, World Trade Centre Residence

510 is a two-bedroom apartment of 1,464 sqft on the 5th floor of World Trade Centre Residence, a 39-storey tower in Trade Center Second completed in 2008 by Jumeirah Group. The developer sold it on 1 September 2009 for AED 950,000, or AED 648 per sqft, 54% below the AED 1,415 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 14 January 2023, is AED 109,705 a year: a gross yield of 11.6% on the 2009 price, before the service charge of about AED 49,700 a year.

Sales and rents for 510 over time

Sales
Unit 510, each saleTypical two-bed in World Trade Centre Residence
2M4M2008201320182023Typical sale price by year: 2008 AED 2,986,450; 2009 AED 2,894,700; 2010 AED 1,981,000; 2011 AED 1,600,000; 2012 AED 2,250,000; 2013 AED 2,950,000; 2014 AED 3,550,000; 2015 AED 2,900,000; 2016 AED 2,406,000; 2017 AED 2,672,350; 2018 AED 1,780,000; 2019 AED 2,050,000; 2021 AED 1,512,092; 2022 AED 2,100,000; 2023 AED 2,181,000; 2024 AED 2,787,500; 2025 AED 2,500,000; 2026 AED 3,100,000Sold by developer, September 2009: AED 950,000 (AED 648 per sqft)

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

Rents
Unit 510, each contractTypical two-bed in World Trade Centre Residence
100K150K200K2012201620202024Typical rent by year: 2012 AED 141,750; 2013 AED 170,000; 2014 AED 200,000; 2015 AED 200,000; 2016 AED 190,000; 2017 AED 175,000; 2018 AED 150,000; 2019 AED 150,000; 2020 AED 132,000; 2021 AED 125,000; 2022 AED 140,000; 2023 AED 160,000; 2024 AED 172,500; 2025 AED 180,000; 2026 AED 185,000New contract, September 2013: AED 140,000 a yearRenewal, September 2015: AED 157,000 a yearRenewal, September 2016: AED 160,000 a yearNew contract, October 2018: AED 120,000 a yearNew contract, January 2020: AED 105,000 a yearRenewal, January 2021: AED 105,000 a yearRenewal, January 2022: AED 105,000 a yearRenewal, January 2023: AED 109,705 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 World Trade Centre Residence, and where 510 sits

All 166 2-beds →

510 last sold in September 2009 at AED 648 per sqft, 54% below what two-beds in World Trade Centre Residence were fetching at the time (AED 1,415). Over the last 12 months two-beds sold for AED 1,900,000 to 3,600,000, around AED 1,521 per sqft, and rent for AED 79,200 to 250,000 a year. 510's AED 109,705 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
18 Feb 20263,275,000
2 Feb 20263,450,000
27 Jan 20263,100,000
13 Jan 20262,700,000
11 2-bed sales in the last 12 months

World Trade Centre Residence

Building

364 apartments, 1-bed to 5-bed over 39 floors in Trade Center Second, completed in 2008 by Jumeirah Group. 13 sold in the last 12 months.

Typical price per sqft
AED 1,520 Up 3.5%
Typical sale
AED 3.2M
Typical rent
AED 170K /yr
Typical yield
6.7%
World Trade Centre Residence, Trade Center Second: prices, sales and rents →
Value
5014-bedAED 2M · Jan 2018
502AED 4.9M · Nov 2025
5034-bedAED 4.11M · Dec 2008
5044-bedAED 3.5M · Jun 2012
5054-bedAED 3.87M · Dec 2008
5062-bedAED 4.02M · Feb 2009
5074-bedAED 6.79M · Dec 2008
1–7 of 20

510, World Trade Centre Residence in numbers

  • Sold once: by Jumeirah Group on 1 September 2009 for AED 950,000, or AED 648 per sqft.
  • Rented since September 2013 on 8 Ejari contracts, from AED 140,000 to AED 109,705 a year.
  • At AED 109,705 a year the gross yield on the 2009 price is 11.6%, before a service charge of about AED 49,700 a year (AED 33.98 per sqft).
  • Two-beds in World Trade Centre Residence sold for AED 1,900,000–3,600,000 in the 12 months to November 2026; the building's median across all types is AED 1,520 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 14 January 2023.

Questions about 510, World Trade Centre Residence

What did unit 510 last sell for?

AED 950,000 on 1 September 2009, sold by the developer: AED 648 per sqft for 1,464 sqft. It is the only registered sale of the unit.

What is the rent for unit 510?

AED 109,705 a year on the contract renewed on 14 January 2023. The previous contract, from January 2022, was AED 105,000; the unit has been rented since September 2013.

How big is unit 510?

1,464 sqft (136.0 sqm): a two-bedroom apartment on the 5th floor of a 39-storey tower completed in 2008.

What is unit 510 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in World Trade Centre Residence sold for AED 1,900,000 to 3,600,000 in the last 12 months, around AED 1,521 per sqft.

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Mortgage on 510, World Trade Centre Residence

Starts from the last sale price (AED 950K, 1 September 2009). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

Plus AED 44,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →