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1-bed · 937 sqftAjmal Sarah Tower, Dubailand Residence Complex · 4th floor · completed 2015

404, Ajmal Sarah Tower

Sold prices and rental history: sold 3 times, last in December 2018, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 17 May 2021
Last soldAED 1.16M27 December 2018
Current rentAED 37K /yr17 May 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 404, Ajmal Sarah Tower

What is 404 worth today?

Last sold for AED 1,160,000 in 2018

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17 May 2021RentedRenewal
AED 37,000/yr24 months · AED 39 per sqft
17 May 2020RentedRenewal
AED 37,000/yr12 months · AED 39 per sqft
17 May 2019RentedNew contract
AED 46,000/yr12 months · AED 49 per sqft
27 Dec 2018SoldReady
AED 1,160,000AED 1,237 per sqft
27 Dec 2018SoldReady
AED 535,580AED 571 per sqft
21 Jun 2016Sold by developerReady
AED 535,580AED 571 per sqft

Source: Dubai Land Department. Updated 17 May 2021.

Key facts

Type
1-bed apartment
Size
937 sqft
Floor
4th of 16
Parking
B4- 21
Developer
Fabson Import Export
Completed
2015
Service charge
AED 13,200 /yr
Last sold
AED 1.16M · December 2018
Building
Ajmal Sarah Tower

About 404, Ajmal Sarah Tower

404 is a one-bedroom apartment of 937 sqft on the 4th floor of Ajmal Sarah Tower, a 16-storey tower in Dubailand Residence Complex completed in 2015 by Fabson Import Export. It last sold on 27 December 2018 for AED 1,160,000, or AED 1,237 per sqft, 55% above the AED 799 one-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 17 May 2021, is AED 37,000 a year: a gross yield of 3.2% on the 2018 price, before the service charge of about AED 13,200 a year.

Sales and rents for 404 over time

Sales
Unit 404, each saleTypical one-bed in Ajmal Sarah Tower
500K1M20092013201720212025Typical sale price by year: 2009 AED 1,041,040; 2016 AED 466,305; 2018 AED 779,479; 2019 AED 562,500; 2020 AED 466,305; 2024 AED 600,000Sold by developer, June 2016: AED 535,580 (AED 571 per sqft)Sold, December 2018: AED 1,160,000 (AED 1,237 per sqft)Sold, December 2018: AED 535,580 (AED 571 per sqft)

404 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 404, each contractTypical one-bed in Ajmal Sarah Tower
40K2016201920222025Typical rent by year: 2016 AED 55,000; 2017 AED 52,250; 2018 AED 45,000; 2019 AED 38,000; 2020 AED 35,000; 2021 AED 32,000; 2022 AED 32,000; 2023 AED 36,000; 2024 AED 40,000; 2025 AED 42,000; 2026 AED 42,500New contract, May 2019: AED 46,000 a yearRenewal, May 2020: AED 37,000 a yearRenewal, May 2021: AED 37,000 a year

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

1-beds in Ajmal Sarah Tower, and where 404 sits

All 148 1-beds →

404 last sold in December 2018 at AED 1,237 per sqft, 55% above what one-beds in Ajmal Sarah Tower were fetching at the time (AED 799). 404's AED 37,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
25 Oct 2024600,000
19 Sep 2024820,000
23 May 2024596,902
4 Nov 2020466,305
0 1-bed 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 4th floor

All 253 units in Ajmal Sarah Tower
Value
4011-bedAED 986K · Aug 2009
4021-bedNo registered sale
4031-bedAED 1.09M · Jun 2009
4051-bedNo registered sale
4062-bedNo registered sale
4071-bedNo registered sale
4081-bedNo registered sale
1–7 of 18

404, Ajmal Sarah Tower in numbers

  • Sold 3 times: first on 21 June 2016 for AED 535,580, last on 27 December 2018 for AED 1,160,000 (AED 1,237 per sqft).
  • Rented since May 2019 on 3 Ejari contracts, from AED 46,000 to AED 37,000 a year.
  • At AED 37,000 a year the gross yield on the 2018 price is 3.2%, before a service charge of about AED 13,200 a year (AED 14.04 per sqft).

Source: Dubai Land Department. Updated 17 May 2021.

Questions about 404, Ajmal Sarah Tower

What did unit 404 last sell for?

AED 1,160,000 on 27 December 2018: AED 1,237 per sqft for 937 sqft. The unit has 3 registered sales; the first was AED 535,580 in June 2016.

What is the rent for unit 404?

AED 37,000 a year on the contract renewed on 17 May 2021. The previous contract, from May 2020, was AED 37,000; the unit has been rented since May 2019.

How big is unit 404?

937 sqft (87.1 sqm): a one-bedroom apartment on the 4th floor of a 16-storey tower completed in 2015.

What is unit 404 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 404, Ajmal Sarah Tower

Starts from the last sale price (AED 1.16M, 27 December 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,160,000
Deposit, UAE resident (20%)
AED 232,000
Deposit, non-resident (40%)
AED 464,000
Monthly over 25 years at 3.7%
AED 4,746

Plus AED 53,730 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →