3-bed · 2,169 sqftAbbey Crescent 2, Uptown Motorcity · 4th floor

405, 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 405 · DLD and Ejari recordsUpdated 1 March 2024
Last soldAED 1.65M20 May 2021
Current rentAED 100K /yr1 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Abbey Crescent 2

What is 405 worth today?

Last sold for AED 1,650,569 in 2021

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1 Mar 2024RentedRenewal
AED 100,000/yr12 months · AED 46 per sqft
1 Jan 2023RentedRenewal
AED 92,000/yr14 months · AED 42 per sqft
1 Dec 2021RentedNew contract
AED 84,923/yr13 months · AED 39 per sqft
20 May 2021Sold by developerReady
AED 1,650,569AED 760 per sqft
1 Oct 2020RentedRenewal
AED 100,800/yr13 months · AED 46 per sqft
1 Sep 2019RentedNew contract
AED 115,000/yr13 months · AED 53 per sqft
30 Sep 2017RentedRenewal
AED 130,000/yr12 months · AED 60 per sqft
30 Sep 2016RentedRenewal
AED 130,000/yr12 months · AED 60 per sqft

Source: Dubai Land Department. Updated 1 March 2024.

Key facts

Type
3-bed apartment
Size
2,169 sqft
Floor
4th of 5
Parking
A81-A89
Service charge
AED 33,900 /yr
Last sold
AED 1.65M · May 2021

About 405, Abbey Crescent 2

405 is a three-bedroom apartment of 2,169 sqft on the 4th floor of Abbey Crescent 2, a 5-storey tower in Uptown Motorcity. The developer sold it on 20 May 2021 for AED 1,650,569, or AED 760 per sqft, in line with the AED 760 three-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 1 March 2024, is AED 100,000 a year: a gross yield of 6.1% on the 2021 price, before the service charge of about AED 33,900 a year.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical three-bed in Abbey Crescent 2
1.75M2M202120232025Typical sale price by year: 2021 AED 1,814,561; 2025 AED 2,126,100Sold by developer, May 2021: AED 1,650,569 (AED 760 per sqft)

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

Rents
Unit 405, each contractTypical three-bed in Abbey Crescent 2
100K125K20132016201920222025Typical rent by year: 2013 AED 130,000; 2014 AED 130,000; 2015 AED 130,000; 2016 AED 130,178; 2017 AED 140,000; 2018 AED 129,575; 2019 AED 115,000; 2020 AED 102,600; 2021 AED 90,462; 2022 AED 100,000; 2023 AED 103,000; 2024 AED 108,033New contract, September 2013: AED 130,000 a yearNew contract, September 2014: AED 130,000 a yearRenewal, September 2016: AED 130,000 a yearRenewal, September 2017: AED 130,000 a yearNew contract, September 2019: AED 115,000 a yearRenewal, October 2020: AED 100,800 a yearNew contract, December 2021: AED 84,923 a yearRenewal, January 2023: AED 92,000 a yearRenewal, March 2024: AED 100,000 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 2, and where 405 sits

All 16 3-beds →

405 last sold in May 2021 at AED 760 per sqft, in line with what three-beds in Abbey Crescent 2 were fetching at the time (AED 760).

Recent 3-bed salesUnit no.Price (AED)Summary
14 Jul 20252,065,000
25 Jun 20252,451,177
18 Jun 20252,126,100
20 May 20211,727,428
0 3-bed sales 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
4032-bedAED 1.35M · May 2024
4043-bedAED 1.71M · May 2021

405, Abbey Crescent 2 in numbers

  • Sold once: by the developer on 20 May 2021 for AED 1,650,569, or AED 760 per sqft.
  • Rented since September 2013 on 9 Ejari contracts. The rent fell from AED 130,000 to AED 84,923 in 2021 and recovered to AED 100,000 by March 2024.
  • At AED 100,000 a year the gross yield on the 2021 price is 6.1%, before a service charge of about AED 33,900 a year (AED 15.61 per sqft).

Source: Dubai Land Department. Updated 1 March 2024.

Questions about 405, Abbey Crescent 2

What did unit 405 last sell for?

AED 1,650,569 on 20 May 2021, sold by the developer: AED 760 per sqft for 2,169 sqft. It is the only registered sale of the unit.

What is the rent for unit 405?

AED 100,000 a year on the contract renewed on 1 March 2024. The previous contract, from January 2023, was AED 92,000; the unit has been rented since September 2013.

How big is unit 405?

2,169 sqft (201.5 sqm): a three-bedroom apartment on the 4th floor of a 5-storey tower.

What is unit 405 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 405, Abbey Crescent 2

Starts from the last sale price (AED 1.65M, 20 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,650,569
Deposit, UAE resident (20%)
AED 330,114
Deposit, non-resident (40%)
AED 660,228
Monthly over 25 years at 3.7%
AED 6,753

Plus AED 74,334 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →