Studio · 492 sqftAjmal Sarah Tower, Dubailand Residence Complex · 10th floor · completed 2015

1015, Ajmal Sarah Tower

Sold prices and rental history: sold once, by the developer in November 2019, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1015 · DLD and Ejari recordsUpdated 15 May 2020
Last soldAED 529K26 November 2019
Current rentAED 22K /yr15 May 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1015, Ajmal Sarah Tower

What is 1015 worth today?

Last sold for AED 528,825 in 2019

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15 May 2020RentedNew contract
AED 22,000/yr12 months · AED 44 per sqft
26 Nov 2019Sold by developerReady
AED 528,825AED 1,075 per sqft
15 May 2019RentedNew contract
AED 25,000/yr12 months · AED 50 per sqft
15 May 2018RentedNew contract
AED 35,000/yr12 months · AED 71 per sqft
1 Nov 2016RentedNew contract
AED 42,000/yr12 months · AED 85 per sqft

Source: Dubai Land Department. Updated 15 May 2020.

Key facts

Type
Studio apartment
Size
492 sqft
Floor
10th of 16
Parking
B3- 37
Developer
Fabson Import Export
Completed
2015
Service charge
AED 6,900 /yr
Last sold
AED 529K · November 2019

About 1015, Ajmal Sarah Tower

1015 is a studio of 492 sqft on the 10th floor of Ajmal Sarah Tower, a 16-storey tower in Dubailand Residence Complex completed in 2015 by Fabson Import Export. The developer sold it on 26 November 2019 for AED 528,825, or AED 1,075 per sqft, in line with the AED 1,075 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, signed on 15 May 2020, is AED 22,000 a year: a gross yield of 4.2% on the 2019 price, before the service charge of about AED 6,900 a year.

Sales and rents for 1015 over time

Sales
Unit 1015, each saleTypical studio in Ajmal Sarah Tower
500K520K2009201220152018Typical sale price by year: 2009 AED 491,243; 2019 AED 522,400Sold by developer, November 2019: AED 528,825 (AED 1,075 per sqft)

1015 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1015, each contractTypical studio in Ajmal Sarah Tower
20K30K40K2016201920222025Typical rent by year: 2016 AED 40,000; 2017 AED 35,000; 2018 AED 34,000; 2019 AED 25,000; 2020 AED 22,000; 2021 AED 20,500; 2022 AED 22,000; 2023 AED 24,000; 2024 AED 29,325; 2025 AED 34,000; 2026 AED 35,500New contract, November 2016: AED 42,000 a yearNew contract, May 2018: AED 35,000 a yearNew contract, May 2019: AED 25,000 a yearNew contract, May 2020: AED 22,000 a year

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

Studios in Ajmal Sarah Tower, and where 1015 sits

All 51 studios →

1015 last sold in November 2019 at AED 1,075 per sqft, in line with what studios in Ajmal Sarah Tower were fetching at the time (AED 1,075). 1015's AED 22,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
4 Feb 2021455,957
1 Mar 2020250,000
26 Nov 2019425,975
20 Nov 2019522,400
0 studio sales in the last 12 months

Ajmal Sarah Tower

Building

253 apartments, studios to 3-bed over 16 floors in Dubailand Residence Complex, completed in 2015 by Fabson Import Export. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 42K /yr
Typical yield
Ajmal Sarah Tower, Dubailand Residence Complex: prices, sales and rents →

Other units on the 10th floor

All 253 units in Ajmal Sarah Tower
Value
10011-bedNo registered sale
10021-bedNo registered sale
10031-bedNo registered sale
10041-bedNo registered sale
10051-bedNo registered sale
10062-bedNo registered sale
10071-bedNo registered sale
1–7 of 18

1015, Ajmal Sarah Tower in numbers

  • Sold once: by Fabson Import Export on 26 November 2019 for AED 528,825, or AED 1,075 per sqft.
  • Rented since November 2016 on 4 Ejari contracts, from AED 42,000 to AED 22,000 a year.
  • At AED 22,000 a year the gross yield on the 2019 price is 4.2%, before a service charge of about AED 6,900 a year (AED 14.04 per sqft).

Source: Dubai Land Department. Updated 15 May 2020.

Questions about 1015, Ajmal Sarah Tower

What did unit 1015 last sell for?

AED 528,825 on 26 November 2019, sold by the developer: AED 1,075 per sqft for 492 sqft. It is the only registered sale of the unit.

What is the rent for unit 1015?

AED 22,000 a year on the contract signed on 15 May 2020. The previous contract, from May 2019, was AED 25,000; the unit has been rented since November 2016.

How big is unit 1015?

492 sqft (45.7 sqm): a studio on the 10th floor of a 16-storey tower completed in 2015.

What is unit 1015 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 1015, Ajmal Sarah Tower

Starts from the last sale price (AED 529K, 26 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 528,825
Deposit, UAE resident (20%)
AED 105,765
Deposit, non-resident (40%)
AED 211,530
Monthly over 25 years at 3.7%
AED 2,164

Plus AED 27,221 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →