Studio · 467 sqftAjmal Sarah Tower, Dubailand Residence Complex · 12th floor · completed 2015

1216, Ajmal Sarah Tower

Sold prices and rental history: sold once, by the developer in May 2009, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1216 · DLD and Ejari recordsUpdated 22 November 2019
Last soldAED 524K27 May 2009
Current rentAED 30K /yr22 November 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1216, Ajmal Sarah Tower

What is 1216 worth today?

Last sold for AED 524,370 in 2009

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22 Nov 2019RentedNew contract
AED 30,000/yr12 months · AED 65 per sqft
1 Oct 2017RentedNew contract
AED 32,000/yr12 months · AED 69 per sqft
27 May 2009Sold by developerOff-plan
AED 524,370AED 1,122 per sqft

Source: Dubai Land Department. Updated 22 November 2019.

Key facts

Type
Studio apartment
Size
467 sqft
Floor
12th of 16
Parking
B3- 78
Developer
Fabson Import Export
Completed
2015
Service charge
AED 6,600 /yr
Last sold
AED 524K · May 2009

About 1216, Ajmal Sarah Tower

1216 is a studio of 467 sqft on the 12th 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 27 May 2009 for AED 524,370, or AED 1,122 per sqft.

It has been rented since 2017 on 2 Ejari contracts. The current contract, signed on 22 November 2019, is AED 30,000 a year: a gross yield of 5.7% on the 2009 price, before the service charge of about AED 6,600 a year.

Sales and rents for 1216 over time

Sales
Unit 1216, each saleTypical studio in Ajmal Sarah Tower
500K520K2009201220152018Typical sale price by year: 2009 AED 491,243; 2019 AED 522,400Sold by developer, May 2009: AED 524,370 (AED 1,122 per sqft)

1216 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1216, 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, October 2017: AED 32,000 a yearNew contract, November 2019: AED 30,000 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 1216 sits

All 51 studios →

1216's AED 30,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
4 Feb 2021455,957
1 Mar 2020250,000
26 Nov 2019425,975
26 Nov 2019528,825
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 12th floor

All 253 units in Ajmal Sarah Tower
Value
12011-bedAED 915K · May 2009
12021-bedNo registered sale
12031-bedNo registered sale
12041-bedAED 600K · Oct 2024
12051-bedAED 939K · May 2009
12062-bedAED 1.65M · May 2009
12071-bedAED 820K · Sep 2024
1–7 of 16

1216, Ajmal Sarah Tower in numbers

  • Sold once: by Fabson Import Export on 27 May 2009 for AED 524,370, or AED 1,122 per sqft.
  • Rented since October 2017 on 2 Ejari contracts, from AED 32,000 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2009 price is 5.7%, before a service charge of about AED 6,600 a year (AED 14.04 per sqft).

Source: Dubai Land Department. Updated 22 November 2019.

Questions about 1216, Ajmal Sarah Tower

What did unit 1216 last sell for?

AED 524,370 on 27 May 2009, sold by the developer: AED 1,122 per sqft for 467 sqft. It is the only registered sale of the unit.

What is the rent for unit 1216?

AED 30,000 a year on the contract signed on 22 November 2019. The previous contract, from October 2017, was AED 32,000.

How big is unit 1216?

467 sqft (43.4 sqm): a studio on the 12th floor of a 16-storey tower completed in 2015.

What is unit 1216 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 1216, Ajmal Sarah Tower

Starts from the last sale price (AED 524K, 27 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 524,370
Deposit, UAE resident (20%)
AED 104,874
Deposit, non-resident (40%)
AED 209,748
Monthly over 25 years at 3.7%
AED 2,145

Plus AED 27,034 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →