1,801 sqftNewbridge Hills 2, Uptown Motorcity · 5th floor

504, Newbridge Hills 2

Sold prices and rental history: sold once, by the developer in March 2011, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 16 January 2024
Last soldAED 1.56M31 March 2011
Current rentAED 87K /yr16 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Newbridge Hills 2

What is 504 worth today?

Last sold for AED 1,563,000 in 2011

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

16 Jan 2024RentedRenewal
AED 87,150/yr12 months · AED 48 per sqft
16 Jan 2023RentedNew contract
AED 83,000/yr12 months · AED 46 per sqft
24 Dec 2021RentedRenewal
AED 72,000/yr12 months · AED 40 per sqft
24 Dec 2020RentedNew contract
AED 70,000/yr12 months · AED 39 per sqft
15 Jul 2019RentedRenewal
AED 88,000/yr12 months · AED 49 per sqft
15 Jul 2018RentedNew contract
AED 90,000/yr12 months · AED 50 per sqft
19 Nov 2014RentedRenewal
AED 99,750/yr12 months · AED 55 per sqft
19 Nov 2013RentedNew contract
AED 95,000/yr12 months · AED 53 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 16 January 2024.

Key facts

Type
Apartment
Size
1,801 sqft
Floor
5th of 11
Parking
167-168
Service charge
AED 23,400 /yr
Last sold
AED 1.56M · March 2011

About 504, Newbridge Hills 2

504 is an apartment of 1,801 sqft on the 5th floor of Newbridge Hills 2, a 11-storey tower in Uptown Motorcity. The developer sold it on 31 March 2011 for AED 1,563,000, or AED 867 per sqft.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, renewed on 16 January 2024, is AED 87,150 a year: a gross yield of 5.6% on the 2011 price, before the service charge of about AED 23,400 a year.

Newbridge Hills 2

Building

100 apartments, 1-bed to 3-bed over 11 floors in Uptown Motorcity. 1 sold in the last 12 months.

Typical price per sqft
AED 852
Typical sale
AED 1.4M
Typical rent
AED 104K /yr
Typical yield
6.2%
Newbridge Hills 2, Uptown Motorcity: prices, sales and rents →

Other units on the 5th floor

All 100 units in Newbridge Hills 2
Value
501AED 1.07M · Mar 2011
502AED 1.56M · Mar 2011
503AED 1.05M · Mar 2011
505AED 2.09M · Mar 2011
506AED 1.92M · Mar 2011
507AED 1.41M · Mar 2011
508AED 1.92M · Mar 2011
1–7 of 9

504, Newbridge Hills 2 in numbers

  • Sold once: by the developer on 31 March 2011 for AED 1,563,000, or AED 867 per sqft.
  • Rented since June 2012 on 10 Ejari contracts, from AED 74,000 to AED 87,150 a year.
  • At AED 87,150 a year the gross yield on the 2011 price is 5.6%, before a service charge of about AED 23,400 a year (AED 12.98 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 16 January 2024.

Questions about 504, Newbridge Hills 2

What did unit 504 last sell for?

AED 1,563,000 on 31 March 2011, sold by the developer: AED 867 per sqft for 1,801 sqft. It is the only registered sale of the unit.

What is the rent for unit 504?

AED 87,150 a year on the contract renewed on 16 January 2024. The previous contract, from January 2023, was AED 83,000; the unit has been rented since June 2012.

How big is unit 504?

1,801 sqft (167.3 sqm): an apartment on the 5th floor of a 11-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.

Selling 504? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 504, Newbridge Hills 2

Starts from the last sale price (AED 1.56M, 31 March 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,563,000
Deposit, UAE resident (20%)
AED 312,600
Deposit, non-resident (40%)
AED 625,200
Monthly over 25 years at 3.7%
AED 6,395

Plus AED 70,656 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →