3-bed · 2,238 sqftAbbey Crescent 1, Uptown Motorcity · 5th floor

506, Abbey Crescent 1

Sold prices and rental history: sold twice, last in November 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 21 November 2024
Last soldAED 1.49M21 November 2024
Current rentAED 102K /yr6 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, Abbey Crescent 1

What is 506 worth today?

Last sold for AED 1,492,766 in 2024

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21 Nov 2024SoldReady
AED 1,492,766AED 666 per sqft
6 Nov 2023RentedRenewal
AED 102,000/yr13 months · AED 46 per sqft
6 Oct 2022RentedRenewal
AED 98,000/yr13 months · AED 44 per sqft
21 Oct 2020Sold by developerReady
AED 1,397,620AED 624 per sqft
5 Aug 2020RentedRenewal
AED 103,000/yr13 months · AED 46 per sqft
20 Aug 2017RentedRenewal
AED 130,000/yr12 months · AED 58 per sqft
20 Aug 2016RentedRenewal
AED 130,000/yr12 months · AED 58 per sqft
20 Aug 2015RentedRenewal
AED 130,000/yr12 months · AED 58 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 21 November 2024.

Key facts

Type
3-bed apartment
Size
2,238 sqft
Floor
5th of 5
Parking
A10-A39
Service charge
AED 25,000 /yr
Last sold
AED 1.49M · November 2024

About 506, Abbey Crescent 1

506 is a three-bedroom apartment of 2,238 sqft on the 5th floor of Abbey Crescent 1, a 5-storey tower in Uptown Motorcity. It last sold on 21 November 2024 for AED 1,492,766, or AED 666 per sqft.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 6 November 2023, is AED 102,000 a year: a gross yield of 6.8% on the 2024 price, before the service charge of about AED 25,000 a year.

Sales and rents for 506 over time

Sales
Unit 506, each saleTypical three-bed in Abbey Crescent 1
1.4M1.6M2020202220242026Typical sale price by year: 2020 AED 1,471,311; 2024 AED 1,608,804; 2025 AED 1,651,505Sold by developer, October 2020: AED 1,397,620 (AED 624 per sqft)Sold, November 2024: AED 1,492,766 (AED 666 per sqft)

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

Rents
Unit 506, each contractTypical three-bed in Abbey Crescent 1
100K150K2013201720212025Typical rent by year: 2013 AED 125,000; 2014 AED 130,000; 2015 AED 131,250; 2016 AED 138,125; 2017 AED 136,500; 2018 AED 129,575; 2019 AED 114,400; 2020 AED 105,000; 2021 AED 87,692; 2022 AED 100,000; 2023 AED 102,500; 2024 AED 105,500; 2025 AED 160,000New contract, August 2013: AED 130,000 a yearNew contract, August 2014: AED 130,000 a yearRenewal, August 2015: AED 130,000 a yearRenewal, August 2016: AED 130,000 a yearRenewal, August 2017: AED 130,000 a yearRenewal, August 2020: AED 103,000 a yearRenewal, October 2022: AED 98,000 a yearRenewal, November 2023: AED 102,000 a year

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

3-beds in Abbey Crescent 1, and where 506 sits

All 31 3-beds →
Recent 3-bed salesUnit no.Price (AED)Summary
10 Jul 20252,245,000
4 Jul 20252,375,000
23 Jun 20252,228,418
20 Jun 20252,073,280
0 3-bed sales in the last 12 months

Abbey Crescent 1

Building

60 apartments, 2-bed to 3-bed over 5 floors in Uptown Motorcity. 3 sold in the last 12 months.

Typical price per sqft
AED 1,005
Typical sale
AED 1.65M
Typical rent
AED 168K /yr
Typical yield
7.3%
Abbey Crescent 1, Uptown Motorcity: prices, sales and rents →

Other units on the 5th floor

All 60 units in Abbey Crescent 1
Value
5013-bedAED 1.49M · Nov 2024
502AED 1.55M · Oct 2025
5032-bedAED 1.34M · May 2025
5042-bedAED 1.4M · Mar 2025
5052-bedAED 990K · Feb 2025
5073-bedAED 1.41M · Apr 2025
5083-bedAED 1.78M · Apr 2025
1–7 of 9

506, Abbey Crescent 1 in numbers

  • Sold twice: first on 21 October 2020 for AED 1,397,620, last on 21 November 2024 for AED 1,492,766 (AED 666 per sqft).
  • Rented since August 2013 on 8 Ejari contracts, from AED 130,000 to AED 102,000 a year.
  • At AED 102,000 a year the gross yield on the 2024 price is 6.8%, before a service charge of about AED 25,000 a year (AED 11.18 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 21 November 2024.

Questions about 506, Abbey Crescent 1

What did unit 506 last sell for?

AED 1,492,766 on 21 November 2024: AED 666 per sqft for 2,238 sqft. The unit has 2 registered sales; the first was AED 1,397,620 in October 2020.

What is the rent for unit 506?

AED 102,000 a year on the contract renewed on 6 November 2023. The previous contract, from October 2022, was AED 98,000; the unit has been rented since August 2013.

How big is unit 506?

2,238 sqft (207.9 sqm): a three-bedroom apartment on the 5th floor of a 5-storey tower.

What is unit 506 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 506, Abbey Crescent 1

Starts from the last sale price (AED 1.49M, 21 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,492,766
Deposit, UAE resident (20%)
AED 298,553
Deposit, non-resident (40%)
AED 597,106
Monthly over 25 years at 3.7%
AED 6,107

Plus AED 67,707 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →