1-bed · 725 sqftTabeer 1, International City · 5th floor · completed 2022

501, Tabeer 1

Sold prices and rental history: sold once, by the developer in October 2022, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 15 June 2024
Last soldAED 479K6 October 2022
Current rentAED 43K /yr15 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Tabeer 1

What is 501 worth today?

Last sold for AED 479,080 in 2022

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15 Jun 2024RentedNew contract
AED 43,000/yr12 months · AED 59 per sqft
17 Nov 2022RentedNew contract
AED 38,000/yr13 months · AED 53 per sqft
6 Oct 2022Sold by developerReady
AED 479,080AED 660 per sqft

Source: Dubai Land Department. Updated 15 June 2024.

Key facts

Type
1-bed apartment
Size
725 sqft
Floor
5th of 7
Parking
P-31
Developer
Tabeer Real Estate Development
Completed
2022
Service charge
AED 9,700 /yr
Last sold
AED 479K · October 2022
Building
Tabeer 1

About 501, Tabeer 1

501 is a one-bedroom apartment of 725 sqft on the 5th floor of Tabeer 1, a 7-storey tower in International City completed in 2022 by Tabeer Real Estate Development. The developer sold it on 6 October 2022 for AED 479,080, or AED 660 per sqft, 15% below the AED 773 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 15 June 2024, is AED 43,000 a year: a gross yield of 9.0% on the 2022 price, before the service charge of about AED 9,700 a year.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical one-bed in Tabeer 1
400K600K20212022202320242025Typical sale price by year: 2021 AED 600,000; 2022 AED 594,516; 2023 AED 650,000; 2024 AED 405,072Sold by developer, October 2022: AED 479,080 (AED 660 per sqft)

501 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 501, each contractTypical one-bed in Tabeer 1
40K50K20222023202420252026Typical rent by year: 2022 AED 40,000; 2023 AED 42,000; 2024 AED 47,000; 2025 AED 50,820New contract, November 2022: AED 38,000 a yearNew contract, June 2024: AED 43,000 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 Tabeer 1, and where 501 sits

All 37 1-beds →

501 last sold in October 2022 at AED 660 per sqft, 15% below what one-beds in Tabeer 1 were fetching at the time (AED 773). 501's AED 43,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Apr 2024406,256
23 Apr 2024385,349
23 Apr 2024405,242
23 Apr 2024404,059
0 1-bed sales in the last 12 months

Tabeer 1

Building

106 apartments, studios to 2-bed over 7 floors in International City, completed in 2022 by Tabeer Real Estate Development. 3 sold in the last 12 months.

Typical price per sqft
AED 1,098
Typical sale
AED 1.15M
Typical rent
AED 50K /yr
Typical yield
6.0%
Tabeer 1, International City: prices, sales and rents →

Other units on the 5th floor

All 106 units in Tabeer 1
Value
5021-bedAED 615K · Sep 2022
5032-bedAED 901K · Aug 2021
5042-bedAED 968K · Oct 2022
5051-bedAED 665K · Mar 2023
5061-bedAED 600K · Sep 2022
5071-bedAED 658K · Feb 2023
5081-bedAED 658K · Nov 2022
1–7 of 15

501, Tabeer 1 in numbers

  • Sold once: by Tabeer Real Estate Development on 6 October 2022 for AED 479,080, or AED 660 per sqft.
  • Rented since November 2022 on 2 Ejari contracts, from AED 38,000 to AED 43,000 a year.
  • At AED 43,000 a year the gross yield on the 2022 price is 9.0%, before a service charge of about AED 9,700 a year (AED 13.34 per sqft).

Source: Dubai Land Department. Updated 15 June 2024.

Questions about 501, Tabeer 1

What did unit 501 last sell for?

AED 479,080 on 6 October 2022, sold by the developer: AED 660 per sqft for 725 sqft. It is the only registered sale of the unit.

What is the rent for unit 501?

AED 43,000 a year on the contract signed on 15 June 2024. The previous contract, from November 2022, was AED 38,000.

How big is unit 501?

725 sqft (67.4 sqm): a one-bedroom apartment on the 5th floor of a 7-storey tower completed in 2022.

What is unit 501 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 501, Tabeer 1

Starts from the last sale price (AED 479K, 6 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 479,080
Deposit, UAE resident (20%)
AED 95,816
Deposit, non-resident (40%)
AED 191,632
Monthly over 25 years at 3.7%
AED 1,960

Plus AED 23,031 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →