2-bed · 3,756 sqftSeventh Heaven, Al Barari · 7th floor · completed 2020

AB0721, Seventh Heaven

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

Unit AB0721 · DLD and Ejari recordsUpdated 23 January 2024
Last soldAED 6.1M23 January 2024
Current rentAED 300K /yr7 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for AB0721, Seventh Heaven

What is AB0721 worth today?

Last sold for AED 6,100,000 in 2024

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23 Jan 2024SoldReady
AED 6,100,000AED 1,624 per sqft
7 Feb 2022RentedNew contract
AED 300,000/yr12 months · AED 80 per sqft
15 Mar 2021RentedNew contract
AED 199,800/yr16 months · AED 53 per sqft
1 Feb 2021RentedNew contract
AED 100,000/yr12 months · AED 27 per sqft
13 Aug 2018Sold by developerOff-plan
AED 6,020,682AED 1,603 per sqft

Source: Dubai Land Department. Updated 23 January 2024.

Key facts

Type
2-bed apartment
Size
3,756 sqft
Floor
7th of 10
Parking
B2-194,B2-195
Developer
Abwab Real Estate Co
Completed
2020
Service charge
AED 83,600 /yr
Last sold
AED 6.1M · January 2024

About AB0721, Seventh Heaven

AB0721 is a two-bedroom apartment of 3,756 sqft on the 7th floor of Seventh Heaven, a 10-storey tower in Al Barari completed in 2020 by Abwab Real Estate Co. It last sold on 23 January 2024 for AED 6,100,000, or AED 1,624 per sqft, 17% above the AED 1,389 two-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 7 February 2022, is AED 300,000 a year: a gross yield of 4.9% on the 2024 price, before the service charge of about AED 83,600 a year.

Sales and rents for AB0721 over time

Sales
Unit AB0721, 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, August 2018: AED 6,020,682 (AED 1,603 per sqft)Sold, January 2024: AED 6,100,000 (AED 1,624 per sqft)

AB0721 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit AB0721, 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, February 2021: AED 100,000 a yearNew contract, March 2021: AED 199,800 a yearNew contract, February 2022: AED 300,000 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 AB0721 sits

All 71 2-beds →

AB0721 last sold in January 2024 at AED 1,624 per sqft, 17% above what two-beds in Seventh Heaven were fetching at the time (AED 1,389). 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. AB0721's AED 300,000 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 7th floor

All 160 units in Seventh Heaven
Value
AA07114-bedAED 12.5M · Jun 2015
AA07212-bedAED 4.4M · Feb 2024
AA07221-bedAED 2.62M · Apr 2015
AA07231-bedAED 3.82M · May 2023
AA07241-bedAED 2.15M · Sep 2021
AA07252-bedAED 5M · Nov 2024
AA07313-bedAED 5.73M · Jan 2022
1–7 of 8

AB0721, Seventh Heaven in numbers

  • Sold twice: first on 13 August 2018 for AED 6,020,682, last on 23 January 2024 for AED 6,100,000 (AED 1,624 per sqft).
  • Rented since February 2021 on 3 Ejari contracts, from AED 100,000 to AED 300,000 a year.
  • At AED 300,000 a year the gross yield on the 2024 price is 4.9%, before a service charge of about AED 83,600 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 23 January 2024.

Questions about AB0721, Seventh Heaven

What did unit AB0721 last sell for?

AED 6,100,000 on 23 January 2024: AED 1,624 per sqft for 3,756 sqft. The unit has 2 registered sales; the first was AED 6,020,682 in August 2018.

What is the rent for unit AB0721?

AED 300,000 a year on the contract signed on 7 February 2022. The previous contract, from March 2021, was AED 199,800; the unit has been rented since February 2021.

How big is unit AB0721?

3,756 sqft (348.9 sqm): a two-bedroom apartment on the 7th floor of a 10-storey tower completed in 2020.

What is unit AB0721 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 AB0721, Seventh Heaven

Starts from the last sale price (AED 6.1M, 23 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 6,100,000
Deposit, UAE resident (20%)
AED 1,220,000
Deposit, non-resident (40%)
AED 2,440,000
Monthly over 25 years at 3.7%
AED 24,957

Plus AED 261,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →