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

Unit 508 at Rise Residences is a 1 bed of 675 sq ft. It last sold for AED 756,918 on 20 Feb 2024. At AED 1,215 per sq ft, from 3 sales of units ending 08 (same position in the tower), it is worth about AED 820,000 today.

Value todayAED 820,000AED 812,000 to AED 885,000
Last saleAED 756,91820 Feb 2024 · Off-plan
Change since last sale+8.3% 
Rent (median asking, 1 bed)AED 70,000Gross yield 8.5%
Bedrooms1 bed
Size675 sq ft
Floor5 (from the unit number)
Position in the towerStack 08: units ending 08 share the same layout and view
BuildingRise Residences by S&S Developments, handed over 2026
Registered sales of this unit1

Every registered sale of unit 508

DatePriceSizeAED/sq ftType
20 Feb 2024AED 756,918675 sq ft1,121Off-plan

Units ending 08 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
20829 Jul 2026AED 803,255675 sq ft1,190Resale
30814 Jul 2026AED 820,000675 sq ft1,215Resale
100810 Apr 2026AED 950,000675 sq ft1,407Resale
60818 Sep 2025AED 900,000675 sq ft1,333Off-plan
1082 Jul 2024AED 719,889767 sq ft939Off-plan
100827 Jun 2024AED 764,279675 sq ft1,132Off-plan
30819 Apr 2024AED 754,240675 sq ft1,117Off-plan
4084 Apr 2024AED 732,912675 sq ft1,086Off-plan

Latest 1 bed sales in Rise Residences

UnitDatePriceSizeAED/sq ftType
60418 Oct 2026AED 870,000692 sq ft1,257Resale
10212 Oct 2026AED 816,000711 sq ft1,148Resale
1058 Oct 2026AED 900,000749 sq ft1,202Resale
4113 Oct 2026AED 890,000715 sq ft1,245Resale
111525 Sep 2026AED 1,000,000825 sq ft1,212Resale
11121 Sep 2026AED 785,000779 sq ft1,008Resale
111415 Sep 2026AED 990,000687 sq ft1,441Resale
9048 Sep 2026AED 890,000692 sq ft1,286Resale

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 1,215). We multiplied it by the size of this unit (675 sq ft). The range uses the middle half of those sales (AED 1,202 to AED 1,311 per sq ft). Floor, view, condition and upgrades can move the price either way. Sales data to 18 Oct 2026, from the Dubai Land Department register.

Questions

What is unit 508 at Rise Residences worth?

About AED 820,000 (range AED 812,000 to AED 885,000), based on AED 1,215 per sq ft from registered sales up to 18 Oct 2026.

When did unit 508 last sell?

20 Feb 2024, for AED 756,918 (off-plan). It has 1 registered sale.

What rent can unit 508 make?

A 1 bed in Rise Residences rents for about AED 70,000 a year (median asking rent). That is a gross yield of 8.5% on the estimate.

Sales alert for Rise ResidencesAll sales in Rise Residences

Unit 507 · Unit 509