Unit A506, Plaza Residences 2: what it sold for and what it is worth now

Unit A506 at Plaza Residences 2 is a studio of 401 sq ft. It last sold for AED 300,000 on 22 Oct 2020. At AED 1,050 per sq ft, from 8 sales of units ending 06 (same position in the tower), it is worth about AED 421,000 today.

Value todayAED 421,000AED 408,000 to AED 487,000
Last saleAED 300,00022 Oct 2020 · Resale
Change since last sale+40.3%Building trend alone: AED 558,618
Rent (median asking, studio)AED 44,999Gross yield 10.7%
Bedroomsstudio
Size401 sq ft
Floor5 (from the unit number)
Position in the towerStack 06: units ending 06 share the same layout and view
BuildingPlaza Residences 2 by Cayan Group, handed over 2017
Registered sales of this unit1

Every registered sale of unit A506

DatePriceSizeAED/sq ftType
22 Oct 2020AED 300,000401 sq ft748Resale

Units ending 06 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
A1061 Oct 2026AED 485,000402 sq ft1,206Resale
B140620 Jul 2026AED 1,187,5181,131 sq ft1,050Resale
B40620 Jul 2026AED 1,176,6721,121 sq ft1,050Resale
C1064 May 2026AED 423,000405 sq ft1,044Resale
A20624 Apr 2026AED 375,003402 sq ft933Resale
C7066 Nov 2025AED 500,000405 sq ft1,235Resale
B70616 Apr 2025AED 735,000787 sq ft934Resale
C30610 Oct 2024AED 530,000405 sq ft1,309Resale

Latest studio sales in Plaza Residences 2

UnitDatePriceSizeAED/sq ftType
A1061 Oct 2026AED 485,000402 sq ft1,206Resale
C1064 May 2026AED 423,000405 sq ft1,044Resale
A20624 Apr 2026AED 375,003402 sq ft933Resale
B21130 Mar 2026AED 550,000465 sq ft1,183Resale
CG0324 Mar 2026AED 530,000548 sq ft967Resale
AG0725 Dec 2025AED 600,000457 sq ft1,313Resale
A70525 Nov 2025AED 840,000422 sq ft1,991Resale
C7066 Nov 2025AED 500,000405 sq ft1,235Resale

How we worked out the value

We took the 8 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 1,050). We multiplied it by the size of this unit (401 sq ft). The range uses the middle half of those sales (AED 1,017 to AED 1,213 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 558,618. Floor, view, condition and upgrades can move the price either way. Sales data to 1 Oct 2026, from the Dubai Land Department register.

Questions

What is unit A506 at Plaza Residences 2 worth?

About AED 421,000 (range AED 408,000 to AED 487,000), based on AED 1,050 per sq ft from registered sales up to 1 Oct 2026.

When did unit A506 last sell?

22 Oct 2020, for AED 300,000 (resale). It has 1 registered sale.

What rent can unit A506 make?

A studio in Plaza Residences 2 rents for about AED 44,999 a year (median asking rent). That is a gross yield of 10.7% on the estimate.

Sales alert for Plaza Residences 2All sales in Plaza Residences 2

Unit A504 · Unit A510