1-bed · 842 sqftRahaal 2, Umm Suqeim Third · 5th floor · completed 2021

508, Rahaal 2

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

Unit 508 · DLD and Ejari recordsUpdated 24 February 2024
Last soldAED 2.05M16 December 2022
Current rentAED 120K /yr24 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Rahaal 2

What is 508 worth today?

Last sold for AED 2,050,000 in 2022

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24 Feb 2024RentedRenewal
AED 120,000/yr12 months · AED 143 per sqft
24 Feb 2023RentedNew contract
AED 120,000/yr12 months · AED 143 per sqft
16 Dec 2022SoldReady
AED 2,050,000AED 2,433 per sqft
12 Apr 2020Sold by developerOff-plan
AED 1,313,000AED 1,558 per sqft

Source: Dubai Land Department. Updated 24 February 2024.

Key facts

Type
1-bed apartment
Size
842 sqft
Floor
5th of 10
Parking
L1-74
Developer
Jumeirah Hills Development
Completed
2021
Service charge
AED 19,300 /yr
Last sold
AED 2.05M · December 2022
Building
Rahaal 2

About 508, Rahaal 2

508 is a one-bedroom apartment of 842 sqft on the 5th floor of Rahaal 2, a 10-storey tower in Umm Suqeim Third completed in 2021 by Jumeirah Hills Development. It last sold on 16 December 2022 for AED 2,050,000, or AED 2,433 per sqft, 13% above the AED 2,162 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 24 February 2024, is AED 120,000 a year: a gross yield of 5.9% on the 2022 price, before the service charge of about AED 19,300 a year.

Sales and rents for 508 over time

Sales
Unit 508, each saleTypical one-bed in Rahaal 2
1.5M2M2019202120232025Typical sale price by year: 2019 AED 1,334,000; 2020 AED 1,329,000; 2021 AED 1,348,000; 2022 AED 1,800,000; 2023 AED 2,150,000; 2024 AED 2,300,000; 2025 AED 2,100,000Sold by developer, April 2020: AED 1,313,000 (AED 1,558 per sqft)Sold, December 2022: AED 2,050,000 (AED 2,433 per sqft)

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

Rents
Unit 508, each contractTypical one-bed in Rahaal 2
120K202220242026Typical rent by year: 2022 AED 112,500; 2023 AED 130,000; 2024 AED 132,000; 2025 AED 130,000; 2026 AED 135,000New contract, February 2023: AED 120,000 a yearRenewal, February 2024: AED 120,000 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 Rahaal 2, and where 508 sits

All 88 1-beds →

508 last sold in December 2022 at AED 2,433 per sqft, 13% above what one-beds in Rahaal 2 were fetching at the time (AED 2,162). Over the last 12 months one-beds sold for AED 2,150,000, around AED 2,653 per sqft, and rent for AED 120,083 to 150,000 a year. 508's AED 120,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
18 Feb 20262,150,000
19 Jan 20262,150,000
9 Jul 20252,050,000
7 Jul 20252,350,000
2 1-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 5th floor

All 145 units in Rahaal 2
Value
5011-bedAED 2.05M · Jul 2025
5022-bedAED 2.36M · Nov 2019
5034-bedAED 7.5M · Jun 2022
5042-bedAED 2.99M · Jun 2021
505AED 2.55M · Oct 2025
5061-bedAED 2M · Jul 2022
5071-bedAED 1.31M · Jul 2019
1–7 of 14

508, Rahaal 2 in numbers

  • Sold twice: first on 12 April 2020 for AED 1,313,000, last on 16 December 2022 for AED 2,050,000 (AED 2,433 per sqft).
  • Rented since February 2023 on 2 Ejari contracts, at AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2022 price is 5.9%, before a service charge of about AED 19,300 a year (AED 22.96 per sqft).
  • One-beds in Rahaal 2 sold for AED 2,150,000–2,150,000 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 24 February 2024.

Questions about 508, Rahaal 2

What did unit 508 last sell for?

AED 2,050,000 on 16 December 2022: AED 2,433 per sqft for 842 sqft. The unit has 2 registered sales; the first was AED 1,313,000 in April 2020.

What is the rent for unit 508?

AED 120,000 a year on the contract renewed on 24 February 2024. The previous contract, from February 2023, was AED 120,000.

How big is unit 508?

842 sqft (78.2 sqm): a one-bedroom apartment on the 5th floor of a 10-storey tower completed in 2021.

What is unit 508 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Rahaal 2 sold for AED 2,150,000 to 2,150,000 in the last 12 months, around AED 2,653 per sqft.

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Mortgage on 508, Rahaal 2

Starts from the last sale price (AED 2.05M, 16 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,050,000
Deposit, UAE resident (20%)
AED 410,000
Deposit, non-resident (40%)
AED 820,000
Monthly over 25 years at 3.7%
AED 8,387

Plus AED 91,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →