2-bed · 2,442 sqftRahaal 2, Umm Suqeim Third · 2nd floor · completed 2021

204, Rahaal 2

Sold prices and rental history: sold twice, last in May 2023, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 204 · DLD and Ejari recordsUpdated 30 September 2023
Last soldAED 4.4M8 May 2023
Current rentAED 265K /yr30 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 204, Rahaal 2

What is 204 worth today?

Last sold for AED 4,400,000 in 2023

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30 Sep 2023RentedRenewal
AED 265,000/yr9 months · AED 109 per sqft
8 May 2023SoldReady
AED 4,400,000AED 1,801 per sqft
30 Sep 2022RentedNew contract
AED 265,000/yr12 months · AED 109 per sqft
4 Jan 2021Sold by developerOff-plan
AED 2,730,000AED 1,117 per sqft

Source: Dubai Land Department. Updated 30 September 2023.

Key facts

Type
2-bed apartment
Size
2,442 sqft
Floor
2nd of 10
Parking
G-228
Developer
Jumeirah Hills Development
Completed
2021
Service charge
AED 56,100 /yr
Last sold
AED 4.4M · May 2023
Building
Rahaal 2

About 204, Rahaal 2

204 is a two-bedroom apartment of 2,442 sqft on the 2nd floor of Rahaal 2, a 10-storey tower in Umm Suqeim Third completed in 2021 by Jumeirah Hills Development. It last sold on 8 May 2023 for AED 4,400,000, or AED 1,801 per sqft, 21% below the AED 2,277 two-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 30 September 2023, is AED 265,000 a year: a gross yield of 6.0% on the 2023 price, before the service charge of about AED 56,100 a year.

Sales and rents for 204 over time

Sales
Unit 204, each saleTypical two-bed in Rahaal 2
2M4M2019202120232025Typical sale price by year: 2019 AED 2,509,000; 2020 AED 2,001,000; 2021 AED 2,531,000; 2022 AED 3,100,000; 2023 AED 4,225,000; 2024 AED 3,850,000Sold by developer, January 2021: AED 2,730,000 (AED 1,117 per sqft)Sold, May 2023: AED 4,400,000 (AED 1,801 per sqft)

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

Rents
Unit 204, each contractTypical two-bed in Rahaal 2
200K250K20222023202420252026Typical rent by year: 2022 AED 200,000; 2023 AED 210,000; 2024 AED 215,000; 2025 AED 217,625New contract, September 2022: AED 265,000 a yearRenewal, September 2023: AED 265,000 a year

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

2-beds in Rahaal 2, and where 204 sits

All 36 2-beds →

204 last sold in May 2023 at AED 1,801 per sqft, 21% below what two-beds in Rahaal 2 were fetching at the time (AED 2,277). Over the last 12 months two-beds sold for AED 3,125,000 to 4,600,000, around AED 2,904 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Jan 20264,600,000
30 Jun 20253,600,000
23 Sep 20242,999,000
23 Feb 20243,850,000
2 2-bed sales in the last 12 months

Rahaal 2

Building

145 apartments, 1-bed to 4-bed over 10 floors in Umm Suqeim Third, completed in 2021 by Jumeirah Hills Development. 4 sold in the last 12 months.

Typical price per sqft
AED 2,681
Typical sale
AED 2.64M
Typical rent
AED 130K /yr
Typical yield
5.9%
Rahaal 2, Umm Suqeim Third: prices, sales and rents →

Other units on the 2nd floor

All 145 units in Rahaal 2
Value
2011-bedAED 1.6M · Jun 2021
2022-bedAED 2.37M · Apr 2020
2032-bedAED 2.36M · Aug 2019
2051-bedAED 1.3M · Jan 2020
2061-bedAED 2M · Feb 2023
2071-bedAED 1.26M · Dec 2019
2081-bedAED 2.05M · Apr 2025
1–7 of 16

204, Rahaal 2 in numbers

  • Sold twice: first on 4 January 2021 for AED 2,730,000, last on 8 May 2023 for AED 4,400,000 (AED 1,801 per sqft).
  • Rented since September 2022 on 2 Ejari contracts, at AED 265,000 a year.
  • At AED 265,000 a year the gross yield on the 2023 price is 6.0%, before a service charge of about AED 56,100 a year (AED 22.96 per sqft).
  • Two-beds in Rahaal 2 sold for AED 3,125,000–4,600,000 in the 12 months to November 2026; the building's median across all types is AED 2,681 per sqft.

Source: Dubai Land Department. Updated 30 September 2023.

Questions about 204, Rahaal 2

What did unit 204 last sell for?

AED 4,400,000 on 8 May 2023: AED 1,801 per sqft for 2,442 sqft. The unit has 2 registered sales; the first was AED 2,730,000 in January 2021.

What is the rent for unit 204?

AED 265,000 a year on the contract renewed on 30 September 2023. The previous contract, from September 2022, was AED 265,000.

How big is unit 204?

2,442 sqft (226.9 sqm): a two-bedroom apartment on the 2nd floor of a 10-storey tower completed in 2021.

What is unit 204 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Rahaal 2 sold for AED 3,125,000 to 4,600,000 in the last 12 months, around AED 2,904 per sqft.

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Mortgage on 204, Rahaal 2

Starts from the last sale price (AED 4.4M, 8 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,400,000
Deposit, UAE resident (20%)
AED 880,000
Deposit, non-resident (40%)
AED 1,760,000
Monthly over 25 years at 3.7%
AED 18,002

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