3-bed · 2,078 sqftAbbey Crescent 2, Uptown Motorcity · 5th floor

504, 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 504 · DLD and Ejari recordsUpdated 1 January 2022
Last soldAED 1.58M19 May 2021
Current rentAED 103K /yr1 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Abbey Crescent 2

What is 504 worth today?

Last sold for AED 1,581,320 in 2021

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1 Jan 2022RentedNew contract
AED 103,000/yr12 months · AED 50 per sqft
19 May 2021Sold by developerReady
AED 1,581,320AED 760 per sqft
1 Jan 2021RentedRenewal
AED 103,000/yr12 months · AED 50 per sqft
1 Oct 2020RentedRenewal
AED 119,980/yr3 months · AED 58 per sqft
1 Oct 2019RentedRenewal
AED 119,000/yr12 months · AED 57 per sqft
1 Oct 2018RentedRenewal
AED 129,000/yr12 months · AED 62 per sqft
1 Oct 2017RentedRenewal
AED 129,000/yr12 months · AED 62 per sqft
1 Oct 2014RentedNew contract
AED 129,000/yr12 months · AED 62 per sqft

Source: Dubai Land Department. Updated 1 January 2022.

Key facts

Type
3-bed apartment
Size
2,078 sqft
Floor
5th of 5
Parking
A21-A28
Service charge
AED 32,400 /yr
Last sold
AED 1.58M · May 2021

About 504, Abbey Crescent 2

504 is a three-bedroom apartment of 2,078 sqft on the 5th floor of Abbey Crescent 2, a 5-storey tower in Uptown Motorcity. The developer sold it on 19 May 2021 for AED 1,581,320, 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, signed on 1 January 2022, is AED 103,000 a year: a gross yield of 6.5% on the 2021 price, before the service charge of about AED 32,400 a year.

Sales and rents for 504 over time

Sales
Unit 504, each saleTypical three-bed in Abbey Crescent 2
1.5M1.75M2M202120232025Typical sale price by year: 2021 AED 1,814,561; 2025 AED 2,126,100Sold by developer, May 2021: AED 1,581,320 (AED 760 per sqft)

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

Rents
Unit 504, 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, October 2013: AED 129,000 a yearNew contract, October 2013: AED 129,000 a yearNew contract, October 2014: AED 129,000 a yearRenewal, October 2017: AED 129,000 a yearRenewal, October 2018: AED 129,000 a yearRenewal, October 2019: AED 119,000 a yearRenewal, October 2020: AED 119,980 a yearRenewal, January 2021: AED 103,000 a yearNew contract, January 2022: AED 103,000 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 504 sits

All 16 3-beds →

504 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 5th floor

All 30 units in Abbey Crescent 2
Value
5013-bedAED 2.13M · Jun 2025
5022-bedAED 1.27M · Oct 2023
5032-bedAED 1.15M · Jun 2023
5053-bedAED 1.61M · May 2021

504, Abbey Crescent 2 in numbers

  • Sold once: by the developer on 19 May 2021 for AED 1,581,320, or AED 760 per sqft.
  • Rented since October 2013 on 9 Ejari contracts, from AED 129,000 to AED 103,000 a year.
  • At AED 103,000 a year the gross yield on the 2021 price is 6.5%, before a service charge of about AED 32,400 a year (AED 15.61 per sqft).

Source: Dubai Land Department. Updated 1 January 2022.

Questions about 504, Abbey Crescent 2

What did unit 504 last sell for?

AED 1,581,320 on 19 May 2021, sold by the developer: AED 760 per sqft for 2,078 sqft. It is the only registered sale of the unit.

What is the rent for unit 504?

AED 103,000 a year on the contract signed on 1 January 2022. The previous contract, from January 2021, was AED 103,000; the unit has been rented since October 2013.

How big is unit 504?

2,078 sqft (193.1 sqm): a three-bedroom apartment on the 5th floor of a 5-storey tower.

What is unit 504 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 504, Abbey Crescent 2

Starts from the last sale price (AED 1.58M, 19 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,581,320
Deposit, UAE resident (20%)
AED 316,264
Deposit, non-resident (40%)
AED 632,528
Monthly over 25 years at 3.7%
AED 6,470

Plus AED 71,426 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →