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2-bed · 1,642 sqftAbbey Crescent 2, Uptown Motorcity · 1st floor

103, Abbey Crescent 2

Sold prices and rental history: sold once, by the developer in May 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 11 May 2022
Last soldAED 1.25M19 May 2021
Current rentAED 80K /yr11 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, Abbey Crescent 2

What is 103 worth today?

Last sold for AED 1,249,532 in 2021

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11 May 2022RentedRenewal
AED 79,600/yr13 months · AED 48 per sqft
19 May 2021Sold by developerReady
AED 1,249,532AED 760 per sqft
11 Apr 2021RentedRenewal
AED 78,923/yr13 months · AED 48 per sqft
11 Apr 2020RentedRenewal
AED 85,500/yr12 months · AED 52 per sqft
11 Apr 2019RentedRenewal
AED 90,000/yr12 months · AED 55 per sqft
11 Apr 2018RentedRenewal
AED 110,000/yr12 months · AED 67 per sqft
20 Sep 2016RentedRenewal
AED 99,750/yr12 months · AED 61 per sqft
20 Sep 2015RentedRenewal
AED 99,750/yr12 months · AED 61 per sqft

Source: Dubai Land Department. Updated 11 May 2022.

Key facts

Type
2-bed apartment
Size
1,642 sqft
Floor
1st of 5
Parking
A184-A185
Service charge
AED 25,600 /yr
Last sold
AED 1.25M · May 2021
Building
Abbey Crescent 2

About 103, Abbey Crescent 2

103 is a two-bedroom apartment of 1,642 sqft on the 1st floor of Abbey Crescent 2, a 5-storey tower in Uptown Motorcity. The developer sold it on 19 May 2021 for AED 1,249,532, or AED 760 per sqft, in line with the AED 760 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 11 May 2022, is AED 79,600 a year: a gross yield of 6.4% on the 2021 price, before the service charge of about AED 25,600 a year.

Sales and rents for 103 over time

Sales
Unit 103, each saleTypical two-bed in Abbey Crescent 2
1.2M1.3M2013201620192022Typical sale price by year: 2013 AED 1,150,480; 2021 AED 1,249,532; 2023 AED 1,285,000Sold by developer, May 2021: AED 1,249,532 (AED 760 per sqft)

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

Rents
Unit 103, each contractTypical two-bed in Abbey Crescent 2
80K100K120K2013201620192022Typical rent by year: 2013 AED 95,000; 2014 AED 95,000; 2015 AED 99,750; 2016 AED 99,750; 2017 AED 102,500; 2018 AED 98,700; 2019 AED 90,000; 2020 AED 79,600; 2021 AED 73,477; 2022 AED 79,600; 2023 AED 115,000New contract, September 2013: AED 95,000 a yearNew contract, September 2014: AED 95,000 a yearRenewal, September 2015: AED 99,750 a yearRenewal, September 2016: AED 99,750 a yearRenewal, April 2018: AED 110,000 a yearRenewal, April 2019: AED 90,000 a yearRenewal, April 2020: AED 85,500 a yearRenewal, April 2021: AED 78,923 a yearRenewal, May 2022: AED 79,600 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 Abbey Crescent 2, and where 103 sits

All 13 2-beds →

103 last sold in May 2021 at AED 760 per sqft, in line with what two-beds in Abbey Crescent 2 were fetching at the time (AED 760). Over the last 12 months two-beds sold for AED 1,730,000, around AED 1,053 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
8 Jan 20261,730,000
12 Sep 20241,400,000
8 May 20241,350,000
25 Oct 20231,270,000
1 2-bed sale in the last 12 months

Abbey Crescent 2

Building

30 apartments, 2-bed to 3-bed over 5 floors in Uptown Motorcity. 1 sold in the last 12 months.

Typical price per sqft
AED 1,053
Typical sale
AED 1.73M
Typical rent
Few contracts
Typical yield
Abbey Crescent 2, Uptown Motorcity: prices, sales and rents →

Other units on the 1st floor

All 30 units in Abbey Crescent 2
Value
1013-bedAED 1.88M · May 2021
1022-bedAED 1.25M · May 2021
1043-bedAED 1.73M · May 2021
1053-bedAED 1.84M · May 2021

103, Abbey Crescent 2 in numbers

  • Sold once: by the developer on 19 May 2021 for AED 1,249,532, or AED 760 per sqft.
  • Rented since September 2013 on 9 Ejari contracts, from AED 95,000 to AED 79,600 a year.
  • At AED 79,600 a year the gross yield on the 2021 price is 6.4%, before a service charge of about AED 25,600 a year (AED 15.61 per sqft).
  • Two-beds in Abbey Crescent 2 sold for AED 1,730,000–1,730,000 in the 12 months to November 2026; the building's median across all types is AED 1,053 per sqft.

Source: Dubai Land Department. Updated 11 May 2022.

Questions about 103, Abbey Crescent 2

What did unit 103 last sell for?

AED 1,249,532 on 19 May 2021, sold by the developer: AED 760 per sqft for 1,642 sqft. It is the only registered sale of the unit.

What is the rent for unit 103?

AED 79,600 a year on the contract renewed on 11 May 2022. The previous contract, from April 2021, was AED 78,923; the unit has been rented since September 2013.

How big is unit 103?

1,642 sqft (152.5 sqm): a two-bedroom apartment on the 1st floor of a 5-storey tower.

What is unit 103 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Abbey Crescent 2 sold for AED 1,730,000 to 1,730,000 in the last 12 months, around AED 1,053 per sqft.

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Mortgage on 103, Abbey Crescent 2

Starts from the last sale price (AED 1.25M, 19 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,249,532
Deposit, UAE resident (20%)
AED 249,906
Deposit, non-resident (40%)
AED 499,813
Monthly over 25 years at 3.7%
AED 5,112

Plus AED 57,490 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →