3-bed · 1,993 sqftRahaal 1, Umm Suqeim Third · 5th floor · completed 2021

512, Rahaal 1

Sold prices and rental history: sold twice, last in March 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 512 · DLD and Ejari recordsUpdated 7 March 2023
Last soldAED 7.3M7 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 512, Rahaal 1

What is 512 worth today?

Last sold for AED 7,300,000 in 2023

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7 Mar 2023SoldReady
AED 7,300,000AED 3,662 per sqft
14 Apr 2020Sold by developerOff-plan
AED 3,279,000AED 1,644 per sqft

Source: Dubai Land Department. Updated 7 March 2023.

Key facts

Type
3-bed apartment
Size
1,993 sqft
Floor
5th of 9
Parking
G-155, G-156
Developer
Jumeirah Hills Development
Completed
2021
Service charge
AED 45,800 /yr
Last sold
AED 7.3M · March 2023
Building
Rahaal 1

About 512, Rahaal 1

512 is a three-bedroom apartment of 1,993 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 7 March 2023 for AED 7,300,000, or AED 3,662 per sqft, 26% above the AED 2,912 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 512 over time

Sales
Unit 512, each saleTypical three-bed in Rahaal 1
4M6M8M201920212023Typical sale price by year: 2019 AED 3,329,500; 2021 AED 3,375,000; 2022 AED 5,200,000Sold by developer, April 2020: AED 3,279,000 (AED 1,644 per sqft)Sold, March 2023: AED 7,300,000 (AED 3,662 per sqft)

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

Rents
Unit 512, each contractTypical three-bed in Rahaal 1
320K340K202420252026Typical rent by year: 2024 AED 350,000; 2025 AED 320,000

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

3-beds in Rahaal 1, and where 512 sits

All 10 3-beds →

512 last sold in March 2023 at AED 3,662 per sqft, 26% above what three-beds in Rahaal 1 were fetching at the time (AED 2,912).

Recent 3-bed salesUnit no.Price (AED)Summary
26 Sep 20226,800,000
30 Jun 20226,300,000
8 Jun 20224,650,000
19 May 20225,200,000
0 3-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
5011-bedAED 1.6M · Jan 2022
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
1–7 of 13

512, Rahaal 1 in numbers

  • Sold twice: first on 14 April 2020 for AED 3,279,000, last on 7 March 2023 for AED 7,300,000 (AED 3,662 per sqft).

Source: Dubai Land Department. Updated 7 March 2023.

Questions about 512, Rahaal 1

What did unit 512 last sell for?

AED 7,300,000 on 7 March 2023: AED 3,662 per sqft for 1,993 sqft. The unit has 2 registered sales; the first was AED 3,279,000 in April 2020.

How big is unit 512?

1,993 sqft (185.2 sqm): a three-bedroom apartment on the 5th floor of a 9-storey tower completed in 2021.

What is unit 512 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 512, Rahaal 1

Starts from the last sale price (AED 7.3M, 7 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 7,300,000
Deposit, UAE resident (20%)
AED 1,460,000
Deposit, non-resident (40%)
AED 2,920,000
Monthly over 25 years at 3.7%
AED 29,867

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