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

202, Abbey Crescent 2

Sold prices and rental history: sold twice, last in July 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 202 · DLD and Ejari recordsUpdated 19 July 2023
Last soldAED 1.32M19 July 2023
Current rentAED 75K /yr27 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 202, Abbey Crescent 2

What is 202 worth today?

Last sold for AED 1,315,000 in 2023

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19 Jul 2023SoldReady
AED 1,315,000AED 800 per sqft
27 Apr 2022RentedNew contract
AED 75,000/yr12 months · AED 46 per sqft
27 Mar 2021RentedNew contract
AED 75,000/yr12 months · AED 46 per sqft
25 Feb 2019RentedNew contract
AED 90,000/yr12 months · AED 55 per sqft
18 Oct 2017RentedNew contract
AED 115,000/yr12 months · AED 70 per sqft
6 Oct 2016RentedRenewal
AED 99,750/yr12 months · AED 61 per sqft
18 Apr 2016Sold by developerReady
AED 1,225,884AED 746 per sqft
6 Oct 2015RentedNew contract
AED 99,750/yr12 months · AED 61 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 19 July 2023.

Key facts

Type
2-bed apartment
Size
1,642 sqft
Floor
2nd of 5
Parking
A106-A126
Service charge
AED 25,600 /yr
Last sold
AED 1.32M · July 2023

About 202, Abbey Crescent 2

202 is a two-bedroom apartment of 1,642 sqft on the 2nd floor of Abbey Crescent 2, a 5-storey tower in Uptown Motorcity. It last sold on 19 July 2023 for AED 1,315,000, or AED 800 per sqft, in line with the AED 782 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 27 April 2022, is AED 75,000 a year: a gross yield of 5.7% on the 2023 price, before the service charge of about AED 25,600 a year.

Sales and rents for 202 over time

Sales
Unit 202, 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, April 2016: AED 1,225,884 (AED 746 per sqft)Sold, July 2023: AED 1,315,000 (AED 800 per sqft)

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

Rents
Unit 202, 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 115,000Renewal, October 2014: AED 95,000 a yearNew contract, October 2015: AED 99,750 a yearRenewal, October 2016: AED 99,750 a yearNew contract, October 2017: AED 115,000 a yearNew contract, February 2019: AED 90,000 a yearNew contract, March 2021: AED 75,000 a yearNew contract, April 2022: AED 75,000 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 Abbey Crescent 2, and where 202 sits

All 13 2-beds →

202 last sold in July 2023 at AED 800 per sqft, in line with what two-beds in Abbey Crescent 2 were fetching at the time (AED 782). 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 2nd floor

All 30 units in Abbey Crescent 2
Value
2013-bedAED 1.88M · May 2021
2032-bedAED 1.25M · May 2021
2043-bedAED 1.73M · May 2021
2053-bedAED 1.84M · May 2021

202, Abbey Crescent 2 in numbers

  • Sold twice: first on 18 April 2016 for AED 1,225,884, last on 19 July 2023 for AED 1,315,000 (AED 800 per sqft).
  • Rented since October 2014 on 7 Ejari contracts, from AED 95,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2023 price is 5.7%, 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: YallaValue analysis of Dubai Land Department records. Updated 19 July 2023.

Questions about 202, Abbey Crescent 2

What did unit 202 last sell for?

AED 1,315,000 on 19 July 2023: AED 800 per sqft for 1,642 sqft. The unit has 2 registered sales; the first was AED 1,225,884 in April 2016.

What is the rent for unit 202?

AED 75,000 a year on the contract signed on 27 April 2022. The previous contract, from March 2021, was AED 75,000; the unit has been rented since October 2014.

How big is unit 202?

1,642 sqft (152.5 sqm): a two-bedroom apartment on the 2nd floor of a 5-storey tower.

What is unit 202 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 202, Abbey Crescent 2

Starts from the last sale price (AED 1.32M, 19 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,315,000
Deposit, UAE resident (20%)
AED 263,000
Deposit, non-resident (40%)
AED 526,000
Monthly over 25 years at 3.7%
AED 5,380

Plus AED 60,240 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →