Unit 502, West Five Business Bay Residences: what it sold for and what it is worth now

Unit 502 at West Five Business Bay Residences is a 1 bed of 708 sq ft. It last sold for AED 1,491,777 on 24 Apr 2024. At AED 2,304 per sq ft, from 11 sales in the building in the last 12 months (1 bed), it is worth about AED 1,631,000 today.

Value todayAED 1,631,000AED 1,507,000 to AED 1,723,000
Last saleAED 1,491,77724 Apr 2024 · Off-plan
Change since last sale+9.3% 
Rent (median asking, 1 bed)AED 112,500Gross yield 6.9%
Bedrooms1 bed
Size708 sq ft
Floor5 (from the unit number)
Position in the towerStack 02: units ending 02 share the same layout and view
BuildingWest Five Business Bay Residences by Fortune 5 Property Development, handed over 2024
Registered sales of this unit1

Every registered sale of unit 502

DatePriceSizeAED/sq ftType
24 Apr 2024AED 1,491,777708 sq ft2,107Off-plan

Units ending 02 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
120215 Jan 2026AED 1,750,000761 sq ft2,300Resale
80211 Mar 2024AED 1,650,777762 sq ft2,166Off-plan
140214 Feb 2024AED 2,073,777762 sq ft2,721Off-plan
100214 Feb 2024AED 1,700,777762 sq ft2,232Off-plan
110229 Nov 2023AED 1,672,777708 sq ft2,363Off-plan
40229 Nov 2023AED 1,532,777762 sq ft2,012Off-plan
30229 Nov 2023AED 1,422,777708 sq ft2,010Off-plan
90229 Nov 2023AED 1,603,777708 sq ft2,265Off-plan

Latest 1 bed sales in West Five Business Bay Residences

UnitDatePriceSizeAED/sq ftType
140426 Aug 2026AED 1,660,000874 sq ft1,899Resale
5057 Aug 2026AED 2,000,000865 sq ft2,312Resale
6067 Aug 2026AED 2,000,000868 sq ft2,304Resale
120715 Jul 2026AED 1,500,000688 sq ft2,180Resale
12088 Jul 2026AED 1,500,000722 sq ft2,078Resale
60823 Jun 2026AED 1,400,000702 sq ft1,994Resale
100123 Jan 2026AED 1,850,000695 sq ft2,662Resale
120215 Jan 2026AED 1,750,000761 sq ft2,300Resale

How we worked out the value

We took the 11 sales in West Five Business Bay Residences in the last 12 months (1 bed), worked out the price per sq ft of each, and used the middle value (AED 2,304). We multiplied it by the size of this unit (708 sq ft). The range uses the middle half of those sales (AED 2,129 to AED 2,433 per sq ft). Floor, view, condition and upgrades can move the price either way. Sales data to 26 Aug 2026, from the Dubai Land Department register.

Questions

What is unit 502 at West Five Business Bay Residences worth?

About AED 1,631,000 (range AED 1,507,000 to AED 1,723,000), based on AED 2,304 per sq ft from registered sales up to 26 Aug 2026.

When did unit 502 last sell?

24 Apr 2024, for AED 1,491,777 (off-plan). It has 1 registered sale.

What rent can unit 502 make?

A 1 bed in West Five Business Bay Residences rents for about AED 112,500 a year (median asking rent). That is a gross yield of 6.9% on the estimate.

Sales alert for West Five Business Bay ResidencesAll sales in West Five Business Bay Residences

Unit 501 · Unit 503