2-bed · 2,611 sqftSeventh Heaven, Al Barari · 5th floor · completed 2020

AA0532, Seventh Heaven

Sold prices and rental history: sold twice, last in June 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit AA0532 · DLD and Ejari recordsUpdated 14 June 2023
Last soldAED 3.85M14 June 2023
Current rentAED 173K /yr30 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for AA0532, Seventh Heaven

What is AA0532 worth today?

Last sold for AED 3,850,000 in 2023

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14 Jun 2023SoldReady
AED 3,850,000AED 1,474 per sqft
30 Nov 2022RentedRenewal
AED 173,250/yr12 months · AED 66 per sqft
30 Nov 2022RentedRenewal
AED 173,250/yr12 months · AED 66 per sqft
30 Nov 2021RentedRenewal
AED 165,000/yr12 months · AED 63 per sqft
30 Nov 2021RentedRenewal
AED 165,000/yr12 months · AED 63 per sqft
30 Nov 2020RentedNew contract
AED 155,000/yr12 months · AED 59 per sqft
30 Nov 2020RentedNew contract
AED 155,000/yr12 months · AED 59 per sqft
7 Apr 2015Sold by developerOff-plan
AED 3,616,058AED 1,384 per sqft

Source: Dubai Land Department. Updated 14 June 2023.

Key facts

Type
2-bed apartment
Size
2,611 sqft
Floor
5th of 10
Parking
B2-127, B2-128
Developer
Abwab Real Estate Co
Completed
2020
Service charge
AED 58,100 /yr
Last sold
AED 3.85M · June 2023

About AA0532, Seventh Heaven

AA0532 is a two-bedroom apartment of 2,611 sqft on the 5th floor of Seventh Heaven, a 10-storey tower in Al Barari completed in 2020 by Abwab Real Estate Co. It last sold on 14 June 2023 for AED 3,850,000, or AED 1,474 per sqft, 29% above the AED 1,140 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 30 November 2022, is AED 173,250 a year: a gross yield of 4.5% on the 2023 price, before the service charge of about AED 58,100 a year.

Sales and rents for AA0532 over time

Sales
Unit AA0532, each saleTypical two-bed in Seventh Heaven
4M6M20152018202120242027Typical sale price by year: 2015 AED 3,457,117; 2018 AED 3,326,088; 2019 AED 2,600,000; 2020 AED 3,184,267; 2021 AED 2,750,000; 2022 AED 3,250,000; 2023 AED 3,875,000; 2024 AED 4,175,000; 2025 AED 5,000,000; 2026 AED 5,700,000Sold by developer, April 2015: AED 3,616,058 (AED 1,384 per sqft)Sold, June 2023: AED 3,850,000 (AED 1,474 per sqft)

AA0532 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit AA0532, each contractTypical two-bed in Seventh Heaven
200K400K2020202220242026Typical rent by year: 2020 AED 168,000; 2021 AED 175,000; 2022 AED 260,000; 2023 AED 310,000; 2024 AED 350,000; 2025 AED 382,500; 2026 AED 380,000New contract, November 2020: AED 155,000 a yearNew contract, November 2020: AED 155,000 a yearRenewal, November 2021: AED 165,000 a yearRenewal, November 2021: AED 165,000 a yearRenewal, November 2022: AED 173,250 a yearRenewal, November 2022: AED 173,250 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 Seventh Heaven, and where AA0532 sits

All 74 2-beds →

AA0532 last sold in June 2023 at AED 1,474 per sqft, 29% above what two-beds in Seventh Heaven were fetching at the time (AED 1,140). Over the last 12 months two-beds sold for AED 3,175,410 to 8,750,000, around AED 1,762 per sqft, and rent for AED 175,000 to 500,000 a year. AA0532's AED 173,250 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
23 Jul 20267,000,000
7 Jul 20264,050,000
12 May 20264,950,000
28 Apr 20264,000,000
10 2-bed sales in the last 12 months

Seventh Heaven

Building

160 apartments, 1-bed to 4-bed over 10 floors in Al Barari, completed in 2020 by Abwab Real Estate Co. 13 sold in the last 12 months.

Typical price per sqft
AED 1,520 Down 7.0%
Typical sale
AED 6.1M
Typical rent
AED 340K /yr
Typical yield
7.0%
Seventh Heaven, Al Barari: prices, sales and rents →

Other units on the 5th floor

All 160 units in Seventh Heaven
Value
AA05112-bedAED 4.95M · May 2026
AA05122-bedAED 3.96M · Jun 2018
AA05132-bedAED 4.1M · Mar 2024
AA05141-bedAED 1.9M · Mar 2022
AA05212-bedAED 3.44M · Apr 2015
AA05221-bedAED 2.1M · Sep 2021
AA05231-bedAED 2.2M · Mar 2021
1–7 of 19

AA0532, Seventh Heaven in numbers

  • Sold twice: first on 7 April 2015 for AED 3,616,058, last on 14 June 2023 for AED 3,850,000 (AED 1,474 per sqft).
  • Rented since November 2020 on 6 Ejari contracts, from AED 155,000 to AED 173,250 a year.
  • At AED 173,250 a year the gross yield on the 2023 price is 4.5%, before a service charge of about AED 58,100 a year (AED 22.26 per sqft).
  • Two-beds in Seventh Heaven sold for AED 3,175,410–8,750,000 in the 12 months to November 2026; the building's median across all types is AED 1,520 per sqft.

Source: Dubai Land Department. Updated 14 June 2023.

Questions about AA0532, Seventh Heaven

What did unit AA0532 last sell for?

AED 3,850,000 on 14 June 2023: AED 1,474 per sqft for 2,611 sqft. The unit has 2 registered sales; the first was AED 3,616,058 in April 2015.

What is the rent for unit AA0532?

AED 173,250 a year on the contract renewed on 30 November 2022. The previous contract, from November 2022, was AED 173,250; the unit has been rented since November 2020.

How big is unit AA0532?

2,611 sqft (242.6 sqm): a two-bedroom apartment on the 5th floor of a 10-storey tower completed in 2020.

What is unit AA0532 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Seventh Heaven sold for AED 3,175,410 to 8,750,000 in the last 12 months, around AED 1,762 per sqft.

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Mortgage on AA0532, Seventh Heaven

Starts from the last sale price (AED 3.85M, 14 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,850,000
Deposit, UAE resident (20%)
AED 770,000
Deposit, non-resident (40%)
AED 1,540,000
Monthly over 25 years at 3.7%
AED 15,752

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