508, 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.
Property timeline for 508, Newbridge Hills 2
What is 508 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 28 February 2025.
Key facts
- Type
- Apartment
- Size
- 2,251 sqft
- Floor
- 5th of 11
- Parking
- 25-26
- Service charge
- AED 29,200 /yr
- Last sold
- AED 1.92M · March 2011
- Building
- Newbridge Hills 2
About 508, Newbridge Hills 2
508 is an apartment of 2,251 sqft on the 5th floor of Newbridge Hills 2, a 11-storey tower in Uptown Motorcity. The developer sold it on 29 March 2011 for AED 1,920,000, or AED 852 per sqft.
It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, renewed on 28 February 2025, is AED 90,295 a year: a gross yield of 4.7% on the 2011 price, before the service charge of about AED 29,200 a year.
Newbridge Hills 2
Building100 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%
Other units on the 5th floor
All 100 units in Newbridge Hills 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1,200 sqft | AED 1.07MAED 1,065,000 · Mar 2011March 2011 | 64,276 /yr | ||
| 502 | 1,801 sqft | AED 1.56MAED 1,563,000 · Mar 2011March 2011 | 93,382 /yr | ||
| 503 | 1,200 sqft | AED 1.05MAED 1,050,000 · Mar 2011March 2011 | 61,366 /yr | ||
| 504 | 1,801 sqft | AED 1.56MAED 1,563,000 · Mar 2011March 2011 | 87,150 /yr | ||
| 505 | 2,401 sqft | AED 2.09MAED 2,091,000 · Mar 2011March 2011 | 120,062 /yr | ||
| 506 | 2,251 sqft | AED 1.92MAED 1,920,000 · Mar 2011March 2011 | 118,000 /yr | ||
| 507 | 1,588 sqft | AED 1.41MAED 1,407,000 · Mar 2011March 2011 | 63,987 /yr | ||
| 509 | 1,588 sqft | AED 1.41MAED 1,407,000 · Mar 2011March 2011 | 75,000 /yr | ||
| 510 | 3-bed | 2,825 sqft | AED 1.94MAED 1,938,000 · Oct 2017October 2017 | 107,627 /yr |
508, Newbridge Hills 2 in numbers
- Sold once: by the developer on 29 March 2011 for AED 1,920,000, or AED 852 per sqft.
- Rented since April 2012 on 12 Ejari contracts. The rent fell from AED 83,000 to AED 68,000 in 2021 and recovered to AED 90,295 by February 2025.
- At AED 90,295 a year the gross yield on the 2011 price is 4.7%, before a service charge of about AED 29,200 a year (AED 12.98 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 28 February 2025.
Questions about 508, Newbridge Hills 2
What did unit 508 last sell for?
AED 1,920,000 on 29 March 2011, sold by the developer: AED 852 per sqft for 2,251 sqft. It is the only registered sale of the unit.
What is the rent for unit 508?
AED 90,295 a year on the contract renewed on 28 February 2025. The previous contract, from February 2024, was AED 85,995; the unit has been rented since April 2012.
How big is unit 508?
2,251 sqft (209.1 sqm): an apartment on the 5th floor of a 11-storey tower.
What is unit 508 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 508, Newbridge Hills 2
Starts from the last sale price (AED 1.92M, 29 March 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,920,000
- Deposit, UAE resident (20%)
- AED 384,000
- Deposit, non-resident (40%)
- AED 768,000
- Monthly over 25 years at 3.7%
- AED 7,855
Plus AED 85,650 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →