Unit 703, Rise Residences: what it sold for and what it is worth now

Unit 703 at Rise Residences is a studio of 422 sq ft. It last sold for AED 537,331 on 11 Jan 2024. At AED 1,517 per sq ft, from 4 sales of units ending 03 (same position in the tower), it is worth about AED 640,000 today.

Value todayAED 640,000AED 634,000 to AED 643,000
Last saleAED 537,33111 Jan 2024 · Off-plan
Change since last sale+19.1% 
Rent (median asking, studio)AED 50,000Gross yield 7.8%
Bedroomsstudio
Size422 sq ft
Floor7 (from the unit number)
Position in the towerStack 03: units ending 03 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 703

DatePriceSizeAED/sq ftType
11 Jan 2024AED 537,331422 sq ft1,273Off-plan

Units ending 03 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
80316 Jun 2026AED 617,500422 sq ft1,463Resale
60314 May 2026AED 640,000422 sq ft1,517Resale
100327 Feb 2026AED 650,000422 sq ft1,540Resale
50326 Feb 2026AED 640,000422 sq ft1,517Resale
1033 Apr 2025AED 500,000417 sq ft1,199Off-plan
3033 Apr 2025AED 500,000422 sq ft1,185Off-plan
20326 Apr 2024AED 550,195422 sq ft1,304Off-plan
110314 Mar 2024AED 581,232422 sq ft1,377Off-plan

Latest studio sales in Rise Residences

UnitDatePriceSizeAED/sq ftType
61514 Oct 2026AED 600,000400 sq ft1,500Resale
1152 Oct 2026AED 580,000405 sq ft1,432Resale
41525 Jun 2026AED 650,000400 sq ft1,625Resale
80316 Jun 2026AED 617,500422 sq ft1,463Resale
8019 Jun 2026AED 610,000399 sq ft1,529Resale
9168 Jun 2026AED 550,000417 sq ft1,319Resale
60314 May 2026AED 640,000422 sq ft1,517Resale
21617 Apr 2026AED 650,000417 sq ft1,559Resale

How we worked out the value

We took the 4 resale sales of units ending 03 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,517). We multiplied it by the size of this unit (422 sq ft). The range uses the middle half of those sales (AED 1,503 to AED 1,523 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 703 at Rise Residences worth?

About AED 640,000 (range AED 634,000 to AED 643,000), based on AED 1,517 per sq ft from registered sales up to 18 Oct 2026.

When did unit 703 last sell?

11 Jan 2024, for AED 537,331 (off-plan). It has 1 registered sale.

What rent can unit 703 make?

A studio in Rise Residences rents for about AED 50,000 a year (median asking rent). That is a gross yield of 7.8% on the estimate.

Sales alert for Rise ResidencesAll sales in Rise Residences

Unit 702 · Unit 704