2-bed · 2,683 sqftSeventh Heaven, Al Barari · 6th floor · completed 2020

AB0623, Seventh Heaven

Sold prices and rental history: sold twice, last in July 2024, and rented once, from March 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit AB0623 · DLD and Ejari recordsUpdated 8 July 2024
Last soldAED 5M8 July 2024
Current rentAED 350K /yr15 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for AB0623, Seventh Heaven

What is AB0623 worth today?

Last sold for AED 5,000,000 in 2024

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8 Jul 2024SoldReady
AED 5,000,000AED 1,863 per sqft
15 Mar 2023RentedNew contract
AED 350,000/yr12 months · AED 131 per sqft
26 Apr 2021Sold by developerReady
AED 2,750,000AED 1,025 per sqft

Source: Dubai Land Department. Updated 8 July 2024.

Key facts

Type
2-bed apartment
Size
2,683 sqft
Floor
6th of 10
Parking
B2-274, B2-275
Developer
Abwab Real Estate Co
Completed
2020
Service charge
AED 59,700 /yr
Last sold
AED 5M · July 2024

About AB0623, Seventh Heaven

AB0623 is a two-bedroom apartment of 2,683 sqft on the 6th floor of Seventh Heaven, a 10-storey tower in Al Barari completed in 2020 by Abwab Real Estate Co. It last sold on 8 July 2024 for AED 5,000,000, or AED 1,863 per sqft, 25% above the AED 1,496 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 March 2023. The current contract, signed on 15 March 2023, is AED 350,000 a year: a gross yield of 7.0% on the 2024 price, before the service charge of about AED 59,700 a year.

Sales and rents for AB0623 over time

Sales
Unit AB0623, 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 2021: AED 2,750,000 (AED 1,025 per sqft)Sold, July 2024: AED 5,000,000 (AED 1,863 per sqft)

AB0623 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit AB0623, 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, March 2023: AED 350,000 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 AB0623 sits

All 71 2-beds →

AB0623 last sold in July 2024 at AED 1,863 per sqft, 25% above what two-beds in Seventh Heaven were fetching at the time (AED 1,496). 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. AB0623's AED 350,000 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 6th floor

All 160 units in Seventh Heaven
Value
AA06113-bedAED 6.53M · Apr 2015
AA06123-bedAED 8.78M · Apr 2015
AA06212-bedAED 3.18M · Feb 2026
AA06221-bedAED 2.61M · Aug 2022
AA06231-bedAED 2.9M · Nov 2023
AA06242-bedAED 2.4M · Feb 2021
AA06313-bedAED 5.27M · Jan 2023
1–7 of 14

AB0623, Seventh Heaven in numbers

  • Sold twice: first on 26 April 2021 for AED 2,750,000, last on 8 July 2024 for AED 5,000,000 (AED 1,863 per sqft).
  • Rented since March 2023 on one Ejari contract, at AED 350,000 a year.
  • At AED 350,000 a year the gross yield on the 2024 price is 7.0%, before a service charge of about AED 59,700 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 8 July 2024.

Questions about AB0623, Seventh Heaven

What did unit AB0623 last sell for?

AED 5,000,000 on 8 July 2024: AED 1,863 per sqft for 2,683 sqft. The unit has 2 registered sales; the first was AED 2,750,000 in April 2021.

What is the rent for unit AB0623?

AED 350,000 a year on the contract signed on 15 March 2023.

How big is unit AB0623?

2,683 sqft (249.3 sqm): a two-bedroom apartment on the 6th floor of a 10-storey tower completed in 2020.

What is unit AB0623 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 AB0623, Seventh Heaven

Starts from the last sale price (AED 5M, 8 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 5,000,000
Deposit, UAE resident (20%)
AED 1,000,000
Deposit, non-resident (40%)
AED 2,000,000
Monthly over 25 years at 3.7%
AED 20,457

Plus AED 215,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →