Studio · 488 sqftAjmal Sarah Tower, Dubailand Residence Complex · 3rd floor · completed 2015

301, Ajmal Sarah Tower

Sold prices and rental history: sold once, by the developer in June 2009, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 1 March 2024
Last soldAED 473K22 June 2009
Current rentAED 22K /yr1 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 301, Ajmal Sarah Tower

What is 301 worth today?

Last sold for AED 472,615 in 2009

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1 Mar 2024RentedRenewal
AED 22,000/yr12 months · AED 45 per sqft
1 Mar 2023RentedNew contract
AED 20,000/yr12 months · AED 41 per sqft
1 Sep 2020RentedRenewal
AED 18,000/yr12 months · AED 37 per sqft
1 Sep 2019RentedNew contract
AED 22,000/yr12 months · AED 45 per sqft
22 Jun 2009Sold by developerOff-plan
AED 472,615AED 968 per sqft

Source: Dubai Land Department. Updated 1 March 2024.

Key facts

Type
Studio apartment
Size
488 sqft
Floor
3rd of 16
Parking
B4- 1
Developer
Fabson Import Export
Completed
2015
Service charge
AED 6,900 /yr
Last sold
AED 473K · June 2009

About 301, Ajmal Sarah Tower

301 is a studio of 488 sqft on the 3rd 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 22 June 2009 for AED 472,615, or AED 968 per sqft, in line with the AED 983 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 1 March 2024, is AED 22,000 a year: a gross yield of 4.7% on the 2009 price, before the service charge of about AED 6,900 a year.

Sales and rents for 301 over time

Sales
Unit 301, each saleTypical studio in Ajmal Sarah Tower
475K500K525K2009201220152018Typical sale price by year: 2009 AED 491,243; 2019 AED 522,400Sold by developer, June 2009: AED 472,615 (AED 968 per sqft)

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

Rents
Unit 301, 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, September 2019: AED 22,000 a yearRenewal, September 2020: AED 18,000 a yearNew contract, March 2023: AED 20,000 a yearRenewal, March 2024: 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 301 sits

All 51 studios →

301 last sold in June 2009 at AED 968 per sqft, in line with what studios in Ajmal Sarah Tower were fetching at the time (AED 983). 301'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
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. 1 sold in the last 12 months.

Typical price per sqft
AED 730
Typical sale
AED 980K
Typical rent
AED 42K /yr
Typical yield
6.9%
Ajmal Sarah Tower, Dubailand Residence Complex: prices, sales and rents →

Other units on the 3rd floor

All 253 units in Ajmal Sarah Tower
Value
302StudioAED 1.05M · Jun 2009
3072-bedAED 950K · Feb 2025
3082-bedNo registered sale
3092-bedAED 850K · Apr 2024
3111-bedNo registered sale
313StudioNo registered sale
314StudioAED 464K · Jun 2009
1–7 of 10

301, Ajmal Sarah Tower in numbers

  • Sold once: by Fabson Import Export on 22 June 2009 for AED 472,615, or AED 968 per sqft.
  • Rented since September 2019 on 4 Ejari contracts. The rent fell from AED 22,000 to AED 18,000 in 2020 and recovered to AED 22,000 by March 2024.
  • At AED 22,000 a year the gross yield on the 2009 price is 4.7%, before a service charge of about AED 6,900 a year (AED 14.04 per sqft).

Source: Dubai Land Department. Updated 1 March 2024.

Questions about 301, Ajmal Sarah Tower

What did unit 301 last sell for?

AED 472,615 on 22 June 2009, sold by the developer: AED 968 per sqft for 488 sqft. It is the only registered sale of the unit.

What is the rent for unit 301?

AED 22,000 a year on the contract renewed on 1 March 2024. The previous contract, from March 2023, was AED 20,000; the unit has been rented since September 2019.

How big is unit 301?

488 sqft (45.3 sqm): a studio on the 3rd floor of a 16-storey tower completed in 2015.

What is unit 301 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 301, Ajmal Sarah Tower

Starts from the last sale price (AED 473K, 22 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 472,615
Deposit, UAE resident (20%)
AED 94,523
Deposit, non-resident (40%)
AED 189,046
Monthly over 25 years at 3.7%
AED 1,934

Plus AED 22,760 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →