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

203, 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 203 · DLD and Ejari recordsUpdated 20 May 2022
Last soldAED 1.25M19 May 2021
Current rentAED 80K /yr20 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Abbey Crescent 2

What is 203 worth today?

Last sold for AED 1,249,532 in 2021

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20 May 2022RentedRenewal
AED 79,600/yr13 months · AED 48 per sqft
19 May 2021Sold by developerReady
AED 1,249,532AED 760 per sqft
20 Apr 2021RentedRenewal
AED 73,477/yr13 months · AED 45 per sqft
20 Mar 2020RentedRenewal
AED 79,600/yr13 months · AED 48 per sqft
20 Mar 2019RentedNew contract
AED 90,000/yr12 months · AED 55 per sqft
21 Jul 2017RentedRenewal
AED 123,000/yr12 months · AED 75 per sqft
21 Jul 2016RentedNew contract
AED 123,000/yr12 months · AED 75 per sqft
15 Sep 2015RentedRenewal
AED 99,750/yr12 months · AED 61 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 May 2022.

Key facts

Type
2-bed apartment
Size
1,642 sqft
Floor
2nd of 5
Parking
A182-A183
Service charge
AED 25,600 /yr
Last sold
AED 1.25M · May 2021
Building
Abbey Crescent 2

About 203, Abbey Crescent 2

203 is a two-bedroom apartment of 1,642 sqft on the 2nd 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 8 Ejari contracts. The current contract, renewed on 20 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 203 over time

Sales
Unit 203, 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)

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

Rents
Unit 203, each contractTypical two-bed in Abbey Crescent 2
75K100K125K2013201620192022Typical 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 yearRenewal, September 2015: AED 99,750 a yearNew contract, July 2016: AED 123,000 a yearRenewal, July 2017: AED 123,000 a yearNew contract, March 2019: AED 90,000 a yearRenewal, March 2020: AED 79,600 a yearRenewal, April 2021: AED 73,477 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 203 sits

All 13 2-beds →

203 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 2nd floor

All 30 units in Abbey Crescent 2
Value
2013-bedAED 1.88M · May 2021
2022-bedAED 1.32M · Jul 2023
2043-bedAED 1.73M · May 2021
2053-bedAED 1.84M · May 2021

203, 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 8 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: YallaValue analysis of Dubai Land Department records. Updated 20 May 2022.

Questions about 203, Abbey Crescent 2

What did unit 203 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 203?

AED 79,600 a year on the contract renewed on 20 May 2022. The previous contract, from April 2021, was AED 73,477; the unit has been rented since September 2013.

How big is unit 203?

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

What is unit 203 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 203, 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 →