3-bed · 1,648 sqftAl Rabia Tower, Majan · 15th floor

1506, Al Rabia Tower

Sold prices and rental history: sold once, by the developer in April 2025, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1506 · DLD and Ejari recordsUpdated 1 January 2026
Last soldAED 1.77M17 April 2025
Current rentAED 130K /yr1 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1506, Al Rabia Tower

What is 1506 worth today?

Last sold for AED 1,771,342 in 2025

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1 Jan 2026RentedNew contract
AED 130,000/yr12 months · AED 79 per sqft
17 Apr 2025Sold by developerReady
AED 1,771,342AED 1,075 per sqft
25 Aug 2024RentedRenewal
AED 75,191/yr12 months · AED 46 per sqft
25 Aug 2023RentedRenewal
AED 71,610/yr12 months · AED 43 per sqft
25 Aug 2022RentedRenewal
AED 68,200/yr12 months · AED 41 per sqft
20 Dec 2020RentedRenewal
AED 65,500/yr13 months · AED 40 per sqft
20 Dec 2019RentedNew contract
AED 73,000/yr12 months · AED 44 per sqft
1 Oct 2018RentedRenewal
AED 86,000/yr12 months · AED 52 per sqft

Source: Dubai Land Department. Updated 1 January 2026.

Key facts

Type
3-bed apartment
Size
1,648 sqft
Floor
15th of 29
Parking
B2-080
Service charge
AED 22,000 /yr
Last sold
AED 1.77M · April 2025

About 1506, Al Rabia Tower

1506 is a three-bedroom apartment of 1,648 sqft on the 15th floor of Al Rabia Tower, a 29-storey tower in Majan. The developer sold it on 17 April 2025 for AED 1,771,342, or AED 1,075 per sqft, in line with the AED 1,075 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, signed on 1 January 2026, is AED 130,000 a year: a gross yield of 7.3% on the 2025 price, before the service charge of about AED 22,000 a year.

Sales and rents for 1506 over time

Rents
Unit 1506, each contractTypical three-bed in Al Rabia Tower
100K2014201820222026Typical rent by year: 2014 AED 110,000; 2015 AED 110,000; 2016 AED 105,000; 2017 AED 95,000; 2018 AED 86,000; 2019 AED 77,000; 2020 AED 70,000; 2021 AED 65,000; 2022 AED 68,200; 2023 AED 79,038; 2024 AED 80,770; 2025 AED 82,998New contract, February 2015: AED 110,000 a yearRenewal, February 2016: AED 109,398 a yearNew contract, September 2016: AED 100,000 a yearNew contract, October 2017: AED 90,000 a yearRenewal, October 2018: AED 86,000 a yearNew contract, December 2019: AED 73,000 a yearRenewal, December 2020: AED 65,500 a yearRenewal, August 2022: AED 68,200 a yearRenewal, August 2023: AED 71,610 a yearRenewal, August 2024: AED 75,191 a yearNew contract, January 2026: AED 130,000 a year

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

3-beds in Al Rabia Tower, and where 1506 sits

All 15 3-beds →

1506 last sold in April 2025 at AED 1,075 per sqft, in line with what three-beds in Al Rabia Tower were fetching at the time (AED 1,075). 1506's AED 130,000 is at the top of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
30 Jul 20251,271,474
29 Jul 20251,380,000
23 Jul 20251,608,804
15 Jul 20251,210,930
0 3-bed sales in the last 12 months

Al Rabia Tower

Building

269 apartments, 1-bed to 3-bed over 29 floors in Majan. 23 sold in the last 12 months.

Typical price per sqft
AED 744 Down 3.5%
Typical sale
AED 774K
Typical rent
AED 80K /yr
Typical yield
8.8%
Al Rabia Tower, Majan: prices, sales and rents →

Other units on the 15th floor

All 269 units in Al Rabia Tower
Value
1302AED 1.06M · Oct 2025
1503AED 962K · Aug 2025
15041-bedAED 954K · May 2025
15052-bedAED 1.2M · Jul 2025
1507AED 1.15M · Nov 2025
1508AED 774K · Aug 2025
15091-bedAED 593K · May 2023
1–7 of 9

1506, Al Rabia Tower in numbers

  • Sold once: by the developer on 17 April 2025 for AED 1,771,342, or AED 1,075 per sqft.
  • Rented since February 2015 on 11 Ejari contracts. The rent fell from AED 110,000 to AED 65,500 in 2020 and recovered to AED 130,000 by January 2026.
  • At AED 130,000 a year the gross yield on the 2025 price is 7.3%, before a service charge of about AED 22,000 a year (AED 13.34 per sqft).

Source: Dubai Land Department. Updated 1 January 2026.

Questions about 1506, Al Rabia Tower

What did unit 1506 last sell for?

AED 1,771,342 on 17 April 2025, sold by the developer: AED 1,075 per sqft for 1,648 sqft. It is the only registered sale of the unit.

What is the rent for unit 1506?

AED 130,000 a year on the contract signed on 1 January 2026. The previous contract, from August 2024, was AED 75,191; the unit has been rented since February 2015.

How big is unit 1506?

1,648 sqft (153.1 sqm): a three-bedroom apartment on the 15th floor of a 29-storey tower.

What is unit 1506 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 1506, Al Rabia Tower

Starts from the last sale price (AED 1.77M, 17 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,771,342
Deposit, UAE resident (20%)
AED 354,268
Deposit, non-resident (40%)
AED 708,537
Monthly over 25 years at 3.7%
AED 7,247

Plus AED 79,407 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →