Unit 816, Rise Residences: what it sold for and what it is worth now

Unit 816 at Rise Residences is a studio of 417 sq ft. It last sold for AED 534,725 on 13 Feb 2024. At AED 1,319 per sq ft, from 3 sales of units ending 16 (same position in the tower), it is worth about AED 550,000 today.

Value todayAED 550,000AED 546,000 to AED 600,000
Last saleAED 534,72513 Feb 2024 · Off-plan
Change since last sale+2.9% 
Rent (median asking, studio)AED 50,000Gross yield 9.1%
Bedroomsstudio
Size417 sq ft
Floor8 (from the unit number)
Position in the towerStack 16: units ending 16 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 816

DatePriceSizeAED/sq ftType
13 Feb 2024AED 534,725417 sq ft1,282Off-plan

Units ending 16 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
9168 Jun 2026AED 550,000417 sq ft1,319Resale
21617 Apr 2026AED 650,000417 sq ft1,559Resale
4164 Feb 2026AED 541,411417 sq ft1,298Resale
61623 Dec 2025AED 600,000417 sq ft1,439Off-plan
21614 May 2024AED 556,948417 sq ft1,336Off-plan
4166 May 2024AED 541,411417 sq ft1,298Off-plan
5167 Mar 2024AED 541,411417 sq ft1,298Off-plan
31621 Feb 2024AED 558,185417 sq ft1,339Off-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 3 resale sales of units ending 16 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,319). We multiplied it by the size of this unit (417 sq ft). The range uses the middle half of those sales (AED 1,309 to AED 1,439 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 816 at Rise Residences worth?

About AED 550,000 (range AED 546,000 to AED 600,000), based on AED 1,319 per sq ft from registered sales up to 18 Oct 2026.

When did unit 816 last sell?

13 Feb 2024, for AED 534,725 (off-plan). It has 1 registered sale.

What rent can unit 816 make?

A studio in Rise Residences rents for about AED 50,000 a year (median asking rent). That is a gross yield of 9.1% on the estimate.

Sales alert for Rise ResidencesAll sales in Rise Residences

Unit 815 · Unit 901