502, Abbey Crescent 2
Sold prices and rental history: sold twice, last in October 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Abbey Crescent 2
What is 502 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 25 October 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,485 sqft
- Floor
- 5th of 5
- Parking
- A80-A90
- Service charge
- AED 23,200 /yr
- Last sold
- AED 1.27M · October 2023
- Building
- Abbey Crescent 2
About 502, Abbey Crescent 2
502 is a two-bedroom apartment of 1,485 sqft on the 5th floor of Abbey Crescent 2, a 5-storey tower in Uptown Motorcity. It last sold on 25 October 2023 for AED 1,270,000, or AED 855 per sqft, 7% above the AED 800 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 15 May 2022, is AED 69,548 a year: a gross yield of 5.5% on the 2023 price, before the service charge of about AED 23,200 a year.
Sales and rents for 502 over time
502 has sold twice; the dashed line is the two-bed median of each year in the building.
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 502 sits
All 13 2-beds →502 last sold in October 2023 at AED 855 per sqft, 7% above what two-beds in Abbey Crescent 2 were fetching at the time (AED 800). Over the last 12 months two-beds sold for AED 1,730,000, around AED 1,053 per sqft.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Jan 20268 January 2026 | 1,642 sqft | 1,730,000 | 1,053 | ||
| 12 Sep 202412 September 2024 | 1,541 sqft | 1,400,000 | 908 | ||
| 8 May 20248 May 2024 | 1,541 sqft | 1,350,000 | 876 | ||
| 12 Sep 202312 September 2023 | 1,642 sqft | 1,400,000 | 852 |
Abbey Crescent 2
Building30 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
Other units on the 5th floor
All 30 units in Abbey Crescent 2502, Abbey Crescent 2 in numbers
- Sold twice: first on 9 December 2013 for AED 1,108,671, last on 25 October 2023 for AED 1,270,000 (AED 855 per sqft).
- Rented since October 2013 on 7 Ejari contracts. The rent fell from AED 93,000 to AED 60,000 in 2021 and recovered to AED 69,548 by May 2022.
- At AED 69,548 a year the gross yield on the 2023 price is 5.5%, before a service charge of about AED 23,200 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 25 October 2023.
Questions about 502, Abbey Crescent 2
What did unit 502 last sell for?
AED 1,270,000 on 25 October 2023: AED 855 per sqft for 1,485 sqft. The unit has 2 registered sales; the first was AED 1,108,671 in December 2013.
What is the rent for unit 502?
AED 69,548 a year on the contract renewed on 15 May 2022. The previous contract, from May 2021, was AED 60,000; the unit has been rented since October 2013.
How big is unit 502?
1,485 sqft (138.0 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower.
What is unit 502 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 502, Abbey Crescent 2
Starts from the last sale price (AED 1.27M, 25 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,270,000
- Deposit, UAE resident (20%)
- AED 254,000
- Deposit, non-resident (40%)
- AED 508,000
- Monthly over 25 years at 3.7%
- AED 5,196
Plus AED 58,350 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →