2-bed · 3,449 sqftSeventh Heaven, Al Barari · 5th floor · completed 2020

AA0533, Seventh Heaven

Sold prices and rental history: sold twice, last in May 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit AA0533 · DLD and Ejari recordsUpdated 1 May 2024
Last soldAED 4.5M1 May 2024
Current rentAED 310K /yr15 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for AA0533, Seventh Heaven

What is AA0533 worth today?

Last sold for AED 4,500,000 in 2024

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1 May 2024SoldReady
AED 4,500,000AED 1,304 per sqft
15 Dec 2022RentedNew contract
AED 310,000/yr12 months · AED 90 per sqft
1 Dec 2021RentedRenewal
AED 157,500/yr12 months · AED 46 per sqft
31 Oct 2020RentedNew contract
AED 150,000/yr13 months · AED 44 per sqft
13 Apr 2015Sold by developerOff-plan
AED 4,109,975AED 1,191 per sqft

Source: Dubai Land Department. Updated 1 May 2024.

Key facts

Type
2-bed apartment
Size
3,449 sqft
Floor
5th of 10
Parking
B2-251, B2-252
Developer
Abwab Real Estate Co
Completed
2020
Service charge
AED 76,800 /yr
Last sold
AED 4.5M · May 2024

About AA0533, Seventh Heaven

AA0533 is a two-bedroom apartment of 3,449 sqft on the 5th floor of Seventh Heaven, a 10-storey tower in Al Barari completed in 2020 by Abwab Real Estate Co. It last sold on 1 May 2024 for AED 4,500,000, or AED 1,304 per sqft, 12% below the AED 1,474 two-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 15 December 2022, is AED 310,000 a year: a gross yield of 6.9% on the 2024 price, before the service charge of about AED 76,800 a year.

Sales and rents for AA0533 over time

Sales
Unit AA0533, each saleTypical two-bed in Seventh Heaven
4M6M20152018202120242027Typical sale price by year: 2015 AED 3,457,117; 2018 AED 3,461,500; 2020 AED 3,184,267; 2021 AED 2,750,000; 2022 AED 3,200,000; 2023 AED 3,875,000; 2024 AED 4,175,000; 2025 AED 5,000,000; 2026 AED 5,700,000Sold by developer, April 2015: AED 4,109,975 (AED 1,191 per sqft)Sold, May 2024: AED 4,500,000 (AED 1,304 per sqft)

AA0533 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit AA0533, each contractTypical two-bed in Seventh Heaven
200K400K2020202220242026Typical rent by year: 2020 AED 169,000; 2021 AED 175,000; 2022 AED 263,000; 2023 AED 320,000; 2024 AED 350,000; 2025 AED 380,000; 2026 AED 390,000New contract, October 2020: AED 150,000 a yearRenewal, December 2021: AED 157,500 a yearNew contract, December 2022: AED 310,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Seventh Heaven, and where AA0533 sits

All 71 2-beds →

AA0533 last sold in May 2024 at AED 1,304 per sqft, 12% below what two-beds in Seventh Heaven were fetching at the time (AED 1,474). Over the last 12 months two-beds sold for AED 3,175,410 to 8,750,000, around AED 1,691 per sqft, and rent for AED 350,000 to 425,000 a year. AA0533's AED 310,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
17 Feb 20263,175,410
11 Feb 20266,100,000
13 Jan 20265,700,000
21 Jul 20255,650,000
4 2-bed sales in the last 12 months

Seventh Heaven

Building

160 apartments, 1-bed to 4-bed over 10 floors in Al Barari, completed in 2020 by Abwab Real Estate Co. 6 sold in the last 12 months.

Typical price per sqft
AED 1,469
Typical sale
AED 7.43M
Typical rent
AED 300K /yr
Typical yield
7.0%
Seventh Heaven, Al Barari: prices, sales and rents →

Other units on the 5th floor

All 160 units in Seventh Heaven
Value
AA05112-bedAED 3.86M · Apr 2015
AA05122-bedAED 3.96M · Jun 2018
AA05132-bedAED 4.1M · Mar 2024
AA05141-bedAED 1.9M · Mar 2022
AA05212-bedAED 3.44M · Apr 2015
AA05221-bedAED 2.1M · Sep 2021
AA05231-bedAED 2.2M · Mar 2021
1–7 of 19

AA0533, Seventh Heaven in numbers

  • Sold twice: first on 13 April 2015 for AED 4,109,975, last on 1 May 2024 for AED 4,500,000 (AED 1,304 per sqft).
  • Rented since October 2020 on 3 Ejari contracts, from AED 150,000 to AED 310,000 a year.
  • At AED 310,000 a year the gross yield on the 2024 price is 6.9%, before a service charge of about AED 76,800 a year (AED 22.26 per sqft).
  • Two-beds in Seventh Heaven sold for AED 3,175,410–8,750,000 in the 12 months to November 2026; the building's median across all types is AED 1,469 per sqft.

Source: Dubai Land Department. Updated 1 May 2024.

Questions about AA0533, Seventh Heaven

What did unit AA0533 last sell for?

AED 4,500,000 on 1 May 2024: AED 1,304 per sqft for 3,449 sqft. The unit has 2 registered sales; the first was AED 4,109,975 in April 2015.

What is the rent for unit AA0533?

AED 310,000 a year on the contract signed on 15 December 2022. The previous contract, from December 2021, was AED 157,500; the unit has been rented since October 2020.

How big is unit AA0533?

3,449 sqft (320.4 sqm): a two-bedroom apartment on the 5th floor of a 10-storey tower completed in 2020.

What is unit AA0533 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Seventh Heaven sold for AED 3,175,410 to 8,750,000 in the last 12 months, around AED 1,691 per sqft.

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Mortgage on AA0533, Seventh Heaven

Starts from the last sale price (AED 4.5M, 1 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,500,000
Deposit, UAE resident (20%)
AED 900,000
Deposit, non-resident (40%)
AED 1,800,000
Monthly over 25 years at 3.7%
AED 18,411

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →