2-bed · 1,541 sqftAbbey Crescent 2, Uptown Motorcity · 4th floor

403, Abbey Crescent 2

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

Unit 403 · DLD and Ejari recordsUpdated 8 May 2024
Last soldAED 1.35M8 May 2024
Current rentAED 75K /yr10 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Abbey Crescent 2

What is 403 worth today?

Last sold for AED 1,350,000 in 2024

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8 May 2024SoldReady
AED 1,350,000AED 876 per sqft
10 Oct 2021RentedRenewal
AED 75,000/yr12 months · AED 49 per sqft
10 Oct 2020RentedRenewal
AED 72,000/yr12 months · AED 47 per sqft
10 Oct 2019RentedNew contract
AED 85,000/yr12 months · AED 55 per sqft
1 Jul 2019RentedNew contract
AED 80,000/yr12 months · AED 52 per sqft
20 Feb 2017RentedNew contract
AED 105,000/yr12 months · AED 68 per sqft
20 Oct 2015RentedNew contract
AED 116,000/yr12 months · AED 75 per sqft
20 Oct 2014RentedNew contract
AED 116,000/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 8 May 2024.

Key facts

Type
2-bed apartment
Size
1,541 sqft
Floor
4th of 5
Parking
A75-A76
Service charge
AED 24,100 /yr
Last sold
AED 1.35M · May 2024

About 403, Abbey Crescent 2

403 is a two-bedroom apartment of 1,541 sqft on the 4th floor of Abbey Crescent 2, a 5-storey tower in Uptown Motorcity. It last sold on 8 May 2024 for AED 1,350,000, or AED 876 per sqft, 6% above the AED 826 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 10 October 2021, is AED 75,000 a year: a gross yield of 5.6% on the 2024 price, before the service charge of about AED 24,100 a year.

Sales and rents for 403 over time

Sales
Unit 403, 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, December 2013: AED 1,150,480 (AED 746 per sqft)Sold, May 2024: AED 1,350,000 (AED 876 per sqft)

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

Rents
Unit 403, 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, October 2013: AED 93,000 a yearNew contract, October 2014: AED 116,000 a yearNew contract, October 2015: AED 116,000 a yearNew contract, February 2017: AED 105,000 a yearNew contract, July 2019: AED 80,000 a yearNew contract, October 2019: AED 85,000 a yearRenewal, October 2020: AED 72,000 a yearRenewal, October 2021: 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 403 sits

All 13 2-beds →

403 last sold in May 2024 at AED 876 per sqft, 6% above what two-beds in Abbey Crescent 2 were fetching at the time (AED 826). 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
25 Oct 20231,270,000
12 Sep 20231,400,000
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 4th floor

All 30 units in Abbey Crescent 2
Value
4013-bedAED 1.79M · May 2021
4022-bedAED 1.4M · Sep 2024
4043-bedAED 1.71M · May 2021
4053-bedAED 1.65M · May 2021

403, Abbey Crescent 2 in numbers

  • Sold twice: first on 9 December 2013 for AED 1,150,480, last on 8 May 2024 for AED 1,350,000 (AED 876 per sqft).
  • Rented since October 2013 on 8 Ejari contracts, from AED 93,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2024 price is 5.6%, before a service charge of about AED 24,100 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 8 May 2024.

Questions about 403, Abbey Crescent 2

What did unit 403 last sell for?

AED 1,350,000 on 8 May 2024: AED 876 per sqft for 1,541 sqft. The unit has 2 registered sales; the first was AED 1,150,480 in December 2013.

What is the rent for unit 403?

AED 75,000 a year on the contract renewed on 10 October 2021. The previous contract, from October 2020, was AED 72,000; the unit has been rented since October 2013.

How big is unit 403?

1,541 sqft (143.2 sqm): a two-bedroom apartment on the 4th floor of a 5-storey tower.

What is unit 403 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 403, Abbey Crescent 2

Starts from the last sale price (AED 1.35M, 8 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

Plus AED 61,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →