1-bed · 2,720 sqftSeventh Heaven, Al Barari · 5th floor · completed 2020

AB0523, Seventh Heaven

Sold prices and rental history: sold once, by the developer in September 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit AB0523 · DLD and Ejari recordsUpdated 9 September 2024
Last soldAED 2.78M9 September 2024
Current rentAED 230K /yr3 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for AB0523, Seventh Heaven

What is AB0523 worth today?

Last sold for AED 2,776,550 in 2024

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9 Sep 2024Sold by developerReady
AED 2,776,550AED 1,020 per sqft
3 May 2023RentedRenewal
AED 230,000/yr12 months · AED 85 per sqft
5 Dec 2021RentedNew contract
AED 160,001/yr5 months · AED 59 per sqft

Source: Dubai Land Department. Updated 9 September 2024.

Key facts

Type
1-bed apartment
Size
2,720 sqft
Floor
5th of 10
Parking
B2-201
Developer
Abwab Real Estate Co
Completed
2020
Service charge
AED 60,600 /yr
Last sold
AED 2.78M · September 2024

About AB0523, Seventh Heaven

AB0523 is a one-bedroom apartment of 2,720 sqft on the 5th floor of Seventh Heaven, a 10-storey tower in Al Barari completed in 2020 by Abwab Real Estate Co. The developer sold it on 9 September 2024 for AED 2,776,550, or AED 1,020 per sqft, 30% below the AED 1,450 one-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 3 May 2023, is AED 230,000 a year: a gross yield of 8.3% on the 2024 price, before the service charge of about AED 60,600 a year.

Sales and rents for AB0523 over time

Sales
Unit AB0523, each saleTypical one-bed in Seventh Heaven
2M3M2015201820212024Typical sale price by year: 2015 AED 2,496,882; 2019 AED 1,550,000; 2020 AED 2,304,827; 2021 AED 1,993,683; 2022 AED 2,200,000; 2023 AED 2,865,000; 2024 AED 2,851,000; 2025 AED 3,260,000Sold by developer, September 2024: AED 2,776,550 (AED 1,020 per sqft)

AB0523 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit AB0523, each contractTypical one-bed in Seventh Heaven
200K300K2021202320252027Typical rent by year: 2021 AED 135,000; 2022 AED 162,500; 2023 AED 180,750; 2024 AED 202,500; 2025 AED 220,000; 2026 AED 300,000New contract, December 2021: AED 160,001 a yearRenewal, May 2023: AED 230,000 a year

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

1-beds in Seventh Heaven, and where AB0523 sits

All 46 1-beds →

AB0523 last sold in September 2024 at AED 1,020 per sqft, 30% below what one-beds in Seventh Heaven were fetching at the time (AED 1,450). AB0523's AED 230,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
30 Jun 20253,321,600
20 Jun 20253,620,000
13 Jun 20252,900,000
24 Apr 20253,000,000
0 1-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

AB0523, Seventh Heaven in numbers

  • Sold once: by Abwab Real Estate Co on 9 September 2024 for AED 2,776,550, or AED 1,020 per sqft.
  • Rented since December 2021 on 2 Ejari contracts, from AED 160,001 to AED 230,000 a year.
  • At AED 230,000 a year the gross yield on the 2024 price is 8.3%, before a service charge of about AED 60,600 a year (AED 22.26 per sqft).

Source: Dubai Land Department. Updated 9 September 2024.

Questions about AB0523, Seventh Heaven

What did unit AB0523 last sell for?

AED 2,776,550 on 9 September 2024, sold by the developer: AED 1,020 per sqft for 2,720 sqft. It is the only registered sale of the unit.

What is the rent for unit AB0523?

AED 230,000 a year on the contract renewed on 3 May 2023. The previous contract, from December 2021, was AED 160,001.

How big is unit AB0523?

2,720 sqft (252.7 sqm): a one-bedroom apartment on the 5th floor of a 10-storey tower completed in 2020.

What is unit AB0523 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on AB0523, Seventh Heaven

Starts from the last sale price (AED 2.78M, 9 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,776,550
Deposit, UAE resident (20%)
AED 555,310
Deposit, non-resident (40%)
AED 1,110,620
Monthly over 25 years at 3.7%
AED 11,360

Plus AED 121,625 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →