Unit 507, The Residence by Prestige One: what it sold for and what it is worth now

Unit 507 at The Residence by Prestige One is a 2 bed of 1,619 sq ft. It last sold for AED 1,770,000 on 7 Apr 2025. At AED 1,207 per sq ft, from 7 sales in the building in the last 24 months, it is worth about AED 1,955,000 today.

Value todayAED 1,955,000AED 1,920,000 to AED 2,034,000
Last saleAED 1,770,0007 Apr 2025 · Off-plan
Change since last sale+10.5% 
Rent (median asking, 2 bed)AED 137,000Gross yield 7.0%
Bedrooms2 bed
Size1,619 sq ft
Floor5 (from the unit number)
Position in the towerStack 07: units ending 07 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 507

DatePriceSizeAED/sq ftType
7 Apr 2025AED 1,770,0001,619 sq ft1,093Off-plan

Units ending 07 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
20722 Feb 2026AED 675,000469 sq ft1,439Off-plan
40713 Nov 2023AED 634,800469 sq ft1,354Off-plan
1077 Oct 2023AED 561,798469 sq ft1,198Off-plan
30714 Sep 2023AED 570,000469 sq ft1,215Off-plan
20713 Sep 2023AED 581,801469 sq ft1,241Off-plan

Latest 2 bed sales in The Residence by Prestige One

UnitDatePriceSizeAED/sq ftType
11818 Sep 2026AED 2,000,0001,321 sq ft1,514Resale
G0211 Sep 2026AED 1,900,0001,830 sq ft1,038Resale
50127 May 2025AED 1,200,0001,318 sq ft910Off-plan
50531 Oct 2024AED 1,650,0001,611 sq ft1,024Off-plan
4045 Oct 2024AED 1,634,1501,332 sq ft1,227Off-plan
50620 Sep 2024AED 1,554,0001,734 sq ft896Off-plan
5085 Sep 2024AED 1,826,8671,625 sq ft1,124Off-plan
50112 Jun 2024AED 1,558,0651,318 sq ft1,182Off-plan

How we worked out the value

We took the 7 sales in The Residence by Prestige One in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,207). We multiplied it by the size of this unit (1,619 sq ft). The range uses the middle half of those sales (AED 1,186 to AED 1,257 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 507 at The Residence by Prestige One worth?

About AED 1,955,000 (range AED 1,920,000 to AED 2,034,000), based on AED 1,207 per sq ft from registered sales up to 16 Oct 2026.

When did unit 507 last sell?

7 Apr 2025, for AED 1,770,000 (off-plan). It has 1 registered sale.

What rent can unit 507 make?

A 2 bed in The Residence by Prestige One rents for about AED 137,000 a year (median asking rent). That is a gross yield of 7.0% on the estimate.

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

Unit 506 · Unit 508