1-bed · 560 sqftRahaal 1, Umm Suqeim Third · 5th floor · completed 2021

501, Rahaal 1

Sold prices and rental history: sold twice, last in January 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 26 January 2022
Last soldAED 1.6M26 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Rahaal 1

What is 501 worth today?

Last sold for AED 1,600,000 in 2022

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26 Jan 2022SoldOff-plan
AED 1,600,000AED 1,904 per sqft
3 Oct 2021Sold by developerOff-plan
AED 1,444,000AED 1,718 per sqft

Source: Dubai Land Department. Updated 26 January 2022.

Key facts

Type
1-bed apartment
Size
560 sqft
Floor
5th of 9
Parking
L1-50
Developer
Jumeirah Hills Development
Completed
2021
Service charge
AED 12,900 /yr
Last sold
AED 1.6M · January 2022
Building
Rahaal 1

About 501, Rahaal 1

501 is a one-bedroom apartment of 560 sqft on the 5th floor of Rahaal 1, a 9-storey tower in Umm Suqeim Third completed in 2021 by Jumeirah Hills Development . It last sold on 26 January 2022 for AED 1,600,000, or AED 1,904 per sqft, 15% above the AED 1,652 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical one-bed in Rahaal 1
1.5M2M2.5M2019202120232025Typical sale price by year: 2019 AED 1,341,000; 2020 AED 1,347,000; 2021 AED 1,332,000; 2022 AED 1,767,000; 2023 AED 2,137,791; 2024 AED 2,100,000; 2025 AED 2,350,000Sold by developer, October 2021: AED 1,444,000 (AED 1,718 per sqft)Sold, January 2022: AED 1,600,000 (AED 1,904 per sqft)

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

Rents
Unit 501, each contractTypical one-bed in Rahaal 1
120K140K202220242026Typical rent by year: 2022 AED 110,000; 2023 AED 121,000; 2024 AED 122,371; 2025 AED 125,000; 2026 AED 140,000

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

1-beds in Rahaal 1, and where 501 sits

All 52 1-beds →

501 last sold in January 2022 at AED 1,904 per sqft, 15% above what one-beds in Rahaal 1 were fetching at the time (AED 1,652). Over the last 12 months one-beds sold for AED 2,225,000, around AED 2,652 per sqft, and rent for AED 115,000 to 150,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
6 Jan 202634,318
8 Jul 202548,258
16 Jun 20252,150,000
12 Jun 20252,400,000
2 1-bed sales in the last 12 months

Rahaal 1

Building

103 apartments, 1-bed to 4-bed over 9 floors in Umm Suqeim Third, completed in 2021 by Jumeirah Hills Development . 4 sold in the last 12 months.

Typical price per sqft
AED 2,652
Typical sale
AED 4.25M
Typical rent
AED 143K /yr
Typical yield
6.2%
Rahaal 1, Umm Suqeim Third: prices, sales and rents →

Other units on the 5th floor

All 103 units in Rahaal 1
Value
5023-bedAED 6.8M · Sep 2022
5032-bedAED 3.6M · Sep 2023
5041-bedAED 1.37M · Apr 2020
5052-bedAED 2.27M · Aug 2021
5061-bedAED 1.33M · Aug 2021
5071-bedAED 1.32M · Dec 2019
5081-bedAED 2M · Jun 2022
1–7 of 13

501, Rahaal 1 in numbers

  • Sold twice: first on 3 October 2021 for AED 1,444,000, last on 26 January 2022 for AED 1,600,000 (AED 1,904 per sqft).
  • One-beds in Rahaal 1 sold for AED 2,225,000–2,225,000 in the 12 months to November 2026; the building's median across all types is AED 2,652 per sqft.

Source: Dubai Land Department. Updated 26 January 2022.

Questions about 501, Rahaal 1

What did unit 501 last sell for?

AED 1,600,000 on 26 January 2022: AED 1,904 per sqft for 560 sqft. The unit has 2 registered sales; the first was AED 1,444,000 in October 2021.

How big is unit 501?

560 sqft (52.0 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2021.

What is unit 501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Rahaal 1 sold for AED 2,225,000 to 2,225,000 in the last 12 months, around AED 2,652 per sqft.

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Mortgage on 501, Rahaal 1

Starts from the last sale price (AED 1.6M, 26 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →