Unit 502, The Residence by Prestige One: what it sold for and what it is worth now

Unit 502 at The Residence by Prestige One is a 1 bed of 819 sq ft. It last sold for AED 1,259,700 on 27 Feb 2024. At AED 1,204 per sq ft, from 4 sales in the building in the last 12 months (1 bed), it is worth about AED 986,000 today.

Value todayAED 986,000AED 978,000 to AED 994,000
Last saleAED 1,259,70027 Feb 2024 · Off-plan
Change since last sale-21.7% 
Rent (median asking, 1 bed)AED 80,000Gross yield 8.1%
Bedrooms1 bed
Size819 sq ft
Floor5 (from the unit number)
Position in the towerStack 02: units ending 02 share the same layout and view
BuildingThe Residence by Prestige One by Prestige One, handed over 2026
Registered sales of this unit1

Every registered sale of unit 502

DatePriceSizeAED/sq ftType
27 Feb 2024AED 1,259,700819 sq ft1,538Off-plan

Units ending 02 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
10223 Apr 2026AED 990,000820 sq ft1,207Resale
10227 Dec 2023AED 990,000820 sq ft1,207Off-plan
40211 Dec 2023AED 1,141,720819 sq ft1,394Off-plan
30219 Sep 2023AED 1,121,320819 sq ft1,369Off-plan
20212 Sep 2023AED 1,029,000819 sq ft1,256Off-plan

Latest 1 bed sales in The Residence by Prestige One

UnitDatePriceSizeAED/sq ftType
3179 Sep 2026AED 930,000794 sq ft1,171Resale
21525 Aug 2026AED 950,000791 sq ft1,201Resale
10223 Apr 2026AED 990,000820 sq ft1,207Resale
31623 Apr 2026AED 976,000791 sq ft1,234Resale
G0518 Mar 2024AED 921,500828 sq ft1,113Off-plan
51127 Feb 2024AED 1,259,700819 sq ft1,538Off-plan
51026 Feb 2024AED 1,259,700819 sq ft1,538Off-plan
31526 Feb 2024AED 965,675791 sq ft1,221Off-plan

How we worked out the value

We took the 4 sales in The Residence by Prestige One in the last 12 months (1 bed), worked out the price per sq ft of each, and used the middle value (AED 1,204). We multiplied it by the size of this unit (819 sq ft). The range uses the middle half of those sales (AED 1,194 to AED 1,214 per sq ft). Floor, view, condition and upgrades can move the price either way. Sales data to 16 Oct 2026, from the Dubai Land Department register.

Questions

What is unit 502 at The Residence by Prestige One worth?

About AED 986,000 (range AED 978,000 to AED 994,000), based on AED 1,204 per sq ft from registered sales up to 16 Oct 2026.

When did unit 502 last sell?

27 Feb 2024, for AED 1,259,700 (off-plan). It has 1 registered sale.

What rent can unit 502 make?

A 1 bed in The Residence by Prestige One rents for about AED 80,000 a year (median asking rent). That is a gross yield of 8.1% on the estimate.

Sales alert for The Residence by Prestige OneAll sales in The Residence by Prestige One

Unit 501 · Unit 503