Unit 506, MILANO by Giovanni Botique Suites: what it sold for and what it is worth now

Unit 506 at MILANO by Giovanni Botique Suites is a studio of 397 sq ft. It last sold for AED 310,000 on 3 Jan 2023. At AED 1,314 per sq ft, from 3 sales of units ending 06 (same position in the tower), it is worth about AED 521,000 today.

Value todayAED 521,000AED 468,000 to AED 541,000
Last saleAED 310,0003 Jan 2023 · Resale
Change since last sale+68.1%Building trend alone: AED 518,356
Rent (median asking, studio)AED 44,999Gross yield 8.6%
Bedroomsstudio
Size397 sq ft
Floor5 (from the unit number)
Position in the towerStack 06: units ending 06 share the same layout and view
BuildingMILANO by Giovanni Botique Suites by Arthur & Hardman Real Estate Development, handed over 2019
Registered sales of this unit2

Every registered sale of unit 506

DatePriceSizeAED/sq ftType
3 Jan 2023AED 310,000397 sq ft781Resale
17 Aug 2021AED 350,000397 sq ft882Resale

Units ending 06 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
1066 Mar 2026AED 620,000472 sq ft1,314Resale
20624 Dec 2025AED 560,000397 sq ft1,411Resale
1066 May 2024AED 494,000472 sq ft1,047Resale
100628 Nov 2023AED 455,000397 sq ft1,146Resale
10624 May 2023AED 382,500472 sq ft810Resale
13063 Aug 2021AED 385,000397 sq ft970Resale

Latest studio sales in MILANO by Giovanni Botique Suites

UnitDatePriceSizeAED/sq ftType
10722 Apr 2026AED 455,000473 sq ft962Resale
1066 Mar 2026AED 620,000472 sq ft1,314Resale
20624 Dec 2025AED 560,000397 sq ft1,411Resale
100419 Dec 2025AED 500,000395 sq ft1,266Resale
70215 Oct 2025AED 595,000374 sq ft1,591Resale
140514 Aug 2025AED 575,000397 sq ft1,448Resale
100711 Apr 2025AED 565,000395 sq ft1,430Resale
5074 Feb 2025AED 560,000395 sq ft1,418Resale

How we worked out the value

We took the 3 resale sales of units ending 06 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,314). We multiplied it by the size of this unit (397 sq ft). The range uses the middle half of those sales (AED 1,180 to AED 1,362 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 518,356. Floor, view, condition and upgrades can move the price either way. Sales data to 22 Apr 2026, from the Dubai Land Department register.

Questions

What is unit 506 at MILANO by Giovanni Botique Suites worth?

About AED 521,000 (range AED 468,000 to AED 541,000), based on AED 1,314 per sq ft from registered sales up to 22 Apr 2026.

When did unit 506 last sell?

3 Jan 2023, for AED 310,000 (resale). It has 2 registered sales.

What rent can unit 506 make?

A studio in MILANO by Giovanni Botique Suites rents for about AED 44,999 a year (median asking rent). That is a gross yield of 8.6% on the estimate.

Sales alert for MILANO by Giovanni Botique SuitesAll sales in MILANO by Giovanni Botique Suites

Unit 503 · Unit 507