Studio · 932 sqftAjmal Sarah Tower, Dubailand Residence Complex · 3rd floor · completed 2015

302, Ajmal Sarah Tower

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

Unit 302 · DLD and Ejari recordsUpdated 1 March 2021
Last soldAED 1.05M17 June 2009
Current rentAED 26K /yr1 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, Ajmal Sarah Tower

What is 302 worth today?

Last sold for AED 1,045,500 in 2009

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1 Mar 2021RentedNew contract
AED 26,000/yr14 months · AED 28 per sqft
20 Nov 2018RentedNew contract
AED 39,000/yr12 months · AED 42 per sqft
1 Oct 2017RentedNew contract
AED 43,000/yr12 months · AED 46 per sqft
17 Jun 2009Sold by developerOff-plan
AED 1,045,500AED 1,121 per sqft

Source: Dubai Land Department. Updated 1 March 2021.

Key facts

Type
Studio apartment
Size
932 sqft
Floor
3rd of 16
Parking
B4- 2
Developer
Fabson Import Export
Completed
2015
Service charge
AED 13,100 /yr
Last sold
AED 1.05M · June 2009

About 302, Ajmal Sarah Tower

302 is a studio of 932 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 17 June 2009 for AED 1,045,500, or AED 1,121 per sqft, in line with the AED 1,121 studios in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 1 March 2021, is AED 26,000 a year: a gross yield of 2.5% on the 2009 price, before the service charge of about AED 13,100 a year.

Sales and rents for 302 over time

Sales
Unit 302, each saleTypical studio in Ajmal Sarah Tower
500K1M2009201220152018Typical sale price by year: 2009 AED 491,243; 2019 AED 522,400Sold by developer, June 2009: AED 1,045,500 (AED 1,121 per sqft)

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

Rents
Unit 302, each contractTypical studio in Ajmal Sarah Tower
20K40K2016201920222025Typical 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 43,000 a yearNew contract, November 2018: AED 39,000 a yearNew contract, March 2021: AED 26,000 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 302 sits

All 51 studios →

302 last sold in June 2009 at AED 1,121 per sqft, in line with what studios in Ajmal Sarah Tower were fetching at the time (AED 1,121). 302's AED 26,000 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
301StudioAED 473K · 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

302, Ajmal Sarah Tower in numbers

  • Sold once: by Fabson Import Export on 17 June 2009 for AED 1,045,500, or AED 1,121 per sqft.
  • Rented since October 2017 on 3 Ejari contracts, from AED 43,000 to AED 26,000 a year.
  • At AED 26,000 a year the gross yield on the 2009 price is 2.5%, before a service charge of about AED 13,100 a year (AED 14.04 per sqft).

Source: Dubai Land Department. Updated 1 March 2021.

Questions about 302, Ajmal Sarah Tower

What did unit 302 last sell for?

AED 1,045,500 on 17 June 2009, sold by the developer: AED 1,121 per sqft for 932 sqft. It is the only registered sale of the unit.

What is the rent for unit 302?

AED 26,000 a year on the contract signed on 1 March 2021. The previous contract, from November 2018, was AED 39,000; the unit has been rented since October 2017.

How big is unit 302?

932 sqft (86.6 sqm): a studio on the 3rd floor of a 16-storey tower completed in 2015.

What is unit 302 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 302, Ajmal Sarah Tower

Starts from the last sale price (AED 1.05M, 17 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,045,500
Deposit, UAE resident (20%)
AED 209,100
Deposit, non-resident (40%)
AED 418,200
Monthly over 25 years at 3.7%
AED 4,277

Plus AED 48,921 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →