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1-bed · 948 sqftAl Rabia Tower, Majan · 15th floor

1509, Al Rabia Tower

Sold prices and rental history: sold once, by the developer in May 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1509 · DLD and Ejari recordsUpdated 16 May 2023
Last soldAED 593K16 May 2023
Current rentAED 43K /yr13 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1509, Al Rabia Tower

What is 1509 worth today?

Last sold for AED 593,084 in 2023

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16 May 2023Sold by developerReady
AED 593,084AED 625 per sqft
13 Sep 2022RentedNew contract
AED 43,000/yr12 months · AED 45 per sqft
1 Apr 2022RentedNew contract
AED 37,400/yr12 months · AED 39 per sqft
1 Jan 2020RentedNew contract
AED 40,000/yr12 months · AED 42 per sqft
10 Nov 2018RentedRenewal
AED 53,000/yr9 months · AED 56 per sqft
10 Nov 2017RentedNew contract
AED 55,000/yr12 months · AED 58 per sqft
15 Aug 2016RentedNew contract
AED 57,000/yr12 months · AED 60 per sqft
10 Dec 2015RentedRenewal
AED 64,000/yr6 months · AED 68 per sqft

Source: Dubai Land Department. Updated 16 May 2023.

Key facts

Type
1-bed apartment
Size
948 sqft
Floor
15th of 29
Parking
B2-084
Service charge
AED 12,600 /yr
Last sold
AED 593K · May 2023
Building
Al Rabia Tower

About 1509, Al Rabia Tower

1509 is a one-bedroom apartment of 948 sqft on the 15th floor of Al Rabia Tower, a 29-storey tower in Majan. The developer sold it on 16 May 2023 for AED 593,084, or AED 625 per sqft, in line with the AED 628 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 13 September 2022, is AED 43,000 a year: a gross yield of 7.2% on the 2023 price, before the service charge of about AED 12,600 a year.

Sales and rents for 1509 over time

Rents
Unit 1509, each contractTypical one-bed in Al Rabia Tower
40K60K20142017202020232026Typical rent by year: 2014 AED 61,000; 2015 AED 60,000; 2016 AED 58,630; 2017 AED 58,000; 2018 AED 55,000; 2019 AED 45,000; 2020 AED 39,000; 2021 AED 34,750; 2022 AED 38,000; 2023 AED 43,559; 2024 AED 48,280; 2025 AED 60,000Renewal, June 2015: AED 64,000 a yearRenewal, December 2015: AED 64,000 a yearNew contract, August 2016: AED 57,000 a yearNew contract, November 2017: AED 55,000 a yearRenewal, November 2018: AED 53,000 a yearNew contract, January 2020: AED 40,000 a yearNew contract, April 2022: AED 37,400 a yearNew contract, September 2022: 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 Al Rabia Tower, and where 1509 sits

All 38 1-beds →

1509 last sold in May 2023 at AED 625 per sqft, in line with what one-beds in Al Rabia Tower were fetching at the time (AED 628). Over the last 12 months one-beds sold for AED 663,733 to 950,000, around AED 729 per sqft, and rent for AED 60,000 to 77,000 a year. 1509's AED 43,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
15 Dec 2025950,000
30 Jul 2025772,000
29 Jul 2025641,730
29 Jul 2025625,828
16 1-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
15063-bedAED 1.77M · Apr 2025
1507AED 1.15M · Nov 2025
1508AED 774K · Aug 2025
1–7 of 9

1509, Al Rabia Tower in numbers

  • Sold once: by the developer on 16 May 2023 for AED 593,084, or AED 625 per sqft.
  • Rented since June 2015 on 8 Ejari contracts. The rent fell from AED 64,000 to AED 37,400 in 2022 and recovered to AED 43,000 by September 2022.
  • At AED 43,000 a year the gross yield on the 2023 price is 7.2%, before a service charge of about AED 12,600 a year (AED 13.34 per sqft).
  • One-beds in Al Rabia Tower sold for AED 663,733–950,000 in the 12 months to November 2026; the building's median across all types is AED 744 per sqft.

Source: Dubai Land Department. Updated 16 May 2023.

Questions about 1509, Al Rabia Tower

What did unit 1509 last sell for?

AED 593,084 on 16 May 2023, sold by the developer: AED 625 per sqft for 948 sqft. It is the only registered sale of the unit.

What is the rent for unit 1509?

AED 43,000 a year on the contract signed on 13 September 2022. The previous contract, from April 2022, was AED 37,400; the unit has been rented since June 2015.

How big is unit 1509?

948 sqft (88.1 sqm): a one-bedroom apartment on the 15th floor of a 29-storey tower.

What is unit 1509 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Al Rabia Tower sold for AED 663,733 to 950,000 in the last 12 months, around AED 729 per sqft.

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Mortgage on 1509, Al Rabia Tower

Starts from the last sale price (AED 593K, 16 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 593,084
Deposit, UAE resident (20%)
AED 118,617
Deposit, non-resident (40%)
AED 237,234
Monthly over 25 years at 3.7%
AED 2,426

Plus AED 29,919 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →