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Studio · 623 sqftRegent House 2, Uptown Motorcity · 1st floor

121, Regent House 2

Sold prices and rental history: sold twice, last in July 2013, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 121 · DLD and Ejari recordsUpdated 14 November 2024
Last soldAED 400K18 July 2013
Current rentAED 53K /yr14 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 121, Regent House 2

What is 121 worth today?

Last sold for AED 400,000 in 2013

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14 Nov 2024RentedNew contract
AED 53,000/yr12 months · AED 85 per sqft
1 Nov 2023RentedRenewal
AED 40,000/yr12 months · AED 64 per sqft
1 Nov 2022RentedNew contract
AED 35,000/yr12 months · AED 56 per sqft
5 Oct 2018RentedNew contract
AED 45,000/yr12 months · AED 72 per sqft
18 Jul 2013SoldReady
AED 400,000AED 642 per sqft
28 Apr 2009Sold by developerReady
AED 537,000AED 861 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 14 November 2024.

Key facts

Type
Studio apartment
Size
623 sqft
Floor
1st of 3
Parking
126
Service charge
AED 8,600 /yr
Last sold
AED 400K · July 2013
Building
Regent House 2

About 121, Regent House 2

121 is a studio of 623 sqft on the 1st floor of Regent House 2, a 3-storey tower in Uptown Motorcity. It last sold on 18 July 2013 for AED 400,000, or AED 642 per sqft, 4% below the AED 671 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 14 November 2024, is AED 53,000 a year: a gross yield of 13.3% on the 2013 price, before the service charge of about AED 8,600 a year.

Sales and rents for 121 over time

Sales
Unit 121, each saleTypical studio in Regent House 2
400K600K20092013201720212025Typical sale price by year: 2009 AED 559,000; 2010 AED 347,500; 2012 AED 380,562; 2013 AED 500,000; 2014 AED 647,500; 2016 AED 645,000; 2017 AED 577,600; 2022 AED 430,000; 2023 AED 490,000; 2024 AED 555,000Sold by developer, April 2009: AED 537,000 (AED 861 per sqft)Sold, July 2013: AED 400,000 (AED 642 per sqft)

121 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 121, each contractTypical studio in Regent House 2
40K60K2012201620202024Typical rent by year: 2012 AED 35,000; 2013 AED 46,000; 2014 AED 55,000; 2015 AED 54,000; 2016 AED 57,000; 2017 AED 55,000; 2018 AED 49,000; 2019 AED 40,000; 2020 AED 34,500; 2021 AED 30,000; 2022 AED 35,000; 2023 AED 38,500; 2024 AED 45,000; 2025 AED 52,000; 2026 AED 45,045New contract, October 2018: AED 45,000 a yearNew contract, November 2022: AED 35,000 a yearRenewal, November 2023: AED 40,000 a yearNew contract, November 2024: AED 53,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Regent House 2, and where 121 sits

All 42 studios →

121 last sold in July 2013 at AED 642 per sqft, 4% below what studios in Regent House 2 were fetching at the time (AED 671). 121's AED 53,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
7 Nov 2024635,000
2 Jul 2024499,866
26 Jun 2024560,000
23 Apr 2024550,000
0 studio sales in the last 12 months

Regent House 2

Building

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

Typical price per sqft
AED 950
Typical sale
AED 1M
Typical rent
AED 61K /yr
Typical yield
7.9%
Regent House 2, Uptown Motorcity: prices, sales and rents →

Other units on the 1st floor

All 86 units in Regent House 2
Value
1011-bedAED 930K · Sep 2015
102StudioAED 500K · Apr 2013
1031-bedAED 785K · Feb 2024
1041-bedAED 1.1M · Jun 2014
1051-bedAED 862K · May 2009
1061-bedAED 1.05M · Jul 2014
1071-bedAED 830K · Aug 2024
1–7 of 21

121, Regent House 2 in numbers

  • Sold twice: first on 28 April 2009 for AED 537,000, last on 18 July 2013 for AED 400,000 (AED 642 per sqft).
  • Rented since October 2018 on 4 Ejari contracts. The rent fell from AED 45,000 to AED 35,000 in 2022 and recovered to AED 53,000 by November 2024.
  • At AED 53,000 a year the gross yield on the 2013 price is 13.3%, before a service charge of about AED 8,600 a year (AED 13.81 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 14 November 2024.

Questions about 121, Regent House 2

What did unit 121 last sell for?

AED 400,000 on 18 July 2013: AED 642 per sqft for 623 sqft. The unit has 2 registered sales; the first was AED 537,000 in April 2009.

What is the rent for unit 121?

AED 53,000 a year on the contract signed on 14 November 2024. The previous contract, from November 2023, was AED 40,000; the unit has been rented since October 2018.

How big is unit 121?

623 sqft (57.9 sqm): a studio on the 1st floor of a 3-storey tower.

What is unit 121 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 121, Regent House 2

Starts from the last sale price (AED 400K, 18 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

Plus AED 19,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →