1-bed · 725 sqftTabeer 1, International City · 7th floor · completed 2022

701, Tabeer 1

Sold prices and rental history: sold once, by the developer in October 2022, and rented once, from December 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 1 December 2023
Last soldAED 479K6 October 2022
Current rentAED 32K /yr1 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Tabeer 1

What is 701 worth today?

Last sold for AED 479,080 in 2022

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1 Dec 2023RentedRenewal
AED 31,500/yr12 months · AED 44 per sqft
6 Oct 2022Sold by developerReady
AED 479,080AED 660 per sqft

Source: Dubai Land Department. Updated 1 December 2023.

Key facts

Type
1-bed apartment
Size
725 sqft
Floor
7th of 7
Parking
P-42
Developer
Tabeer Real Estate Development
Completed
2022
Service charge
AED 9,700 /yr
Last sold
AED 479K · October 2022
Building
Tabeer 1

About 701, Tabeer 1

701 is a one-bedroom apartment of 725 sqft on the 7th 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.

One Ejari contract is registered, from 1 December 2023. The current contract, renewed on 1 December 2023, is AED 31,500 a year: a gross yield of 6.6% on the 2022 price, before the service charge of about AED 9,700 a year.

Sales and rents for 701 over time

Sales
Unit 701, 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)

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

Rents
Unit 701, each contractTypical one-bed in Tabeer 1
30K40K50K20222023202420252026Typical rent by year: 2022 AED 40,000; 2023 AED 42,000; 2024 AED 47,000; 2025 AED 50,820Renewal, December 2023: AED 31,500 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 701 sits

All 37 1-beds →

701 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). 701's AED 31,500 is at the bottom 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 7th floor

All 106 units in Tabeer 1
Value
7021-bedAED 473K · Oct 2022
7032-bedAED 850K · Oct 2022
7042-bedAED 840K · Oct 2022
7051-bedAED 634K · Feb 2022
7061-bedAED 628K · Mar 2022
7071-bedAED 622K · Aug 2022
7081-bedAED 630K · Mar 2021
1–7 of 15

701, 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 December 2023 on one Ejari contract, at AED 31,500 a year.
  • At AED 31,500 a year the gross yield on the 2022 price is 6.6%, before a service charge of about AED 9,700 a year (AED 13.34 per sqft).

Source: Dubai Land Department. Updated 1 December 2023.

Questions about 701, Tabeer 1

What did unit 701 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 701?

AED 31,500 a year on the contract renewed on 1 December 2023.

How big is unit 701?

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

What is unit 701 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 701, 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 →