Unit 508, Dezire Residences: what it sold for and what it is worth now

Unit 508 at Dezire Residences is a studio of 535 sq ft. It last sold for AED 550,000 on 13 May 2025. At AED 1,028 per sq ft, from 3 sales of units ending 08 (same position in the tower), it is worth about AED 550,000 today.

Value todayAED 550,000AED 512,000 to AED 554,000
Last saleAED 550,00013 May 2025 · Resale
Change since last sale+0.0%Building trend alone: AED 531,501
Rent (median asking, studio)AED 47,000Gross yield 8.5%
Bedroomsstudio
Size535 sq ft
Floor5 (from the unit number)
Position in the towerStack 08: units ending 08 share the same layout and view
BuildingDezire Residences by Bluechip Development, handed over 2020
Registered sales of this unit1

Every registered sale of unit 508

DatePriceSizeAED/sq ftType
13 May 2025AED 550,000535 sq ft1,028Resale

Units ending 08 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
10088 Oct 2025AED 1,470,0001,659 sq ft886Resale
10828 Aug 2025AED 560,000536 sq ft1,045Resale
70813 Mar 2024AED 520,000535 sq ft972Resale
100815 Jul 2022AED 910,2501,659 sq ft549Resale

Latest studio sales in Dezire Residences

UnitDatePriceSizeAED/sq ftType
40611 Jun 2026AED 315,000378 sq ft833Resale
31011 Jun 2026AED 420,000496 sq ft847Resale
9103 Oct 2025AED 565,000496 sq ft1,139Resale
10072 Oct 2025AED 550,000498 sq ft1,104Resale
10828 Aug 2025AED 560,000536 sq ft1,045Resale
90530 Nov 2024AED 470,000384 sq ft1,224Resale
11011 Nov 2024AED 515,000519 sq ft992Resale
30526 Mar 2024AED 428,000384 sq ft1,115Resale

How we worked out the value

We took the 3 resale sales of units ending 08 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,028). We multiplied it by the size of this unit (535 sq ft). The range uses the middle half of those sales (AED 957 to AED 1,036 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 531,501. Floor, view, condition and upgrades can move the price either way. Sales data to 8 Sep 2026, from the Dubai Land Department register.

Questions

What is unit 508 at Dezire Residences worth?

About AED 550,000 (range AED 512,000 to AED 554,000), based on AED 1,028 per sq ft from registered sales up to 8 Sep 2026.

When did unit 508 last sell?

13 May 2025, for AED 550,000 (resale). It has 1 registered sale.

What rent can unit 508 make?

A studio in Dezire Residences rents for about AED 47,000 a year (median asking rent). That is a gross yield of 8.5% on the estimate.

Sales alert for Dezire ResidencesAll sales in Dezire Residences

Unit 505 · Unit 602