Studio · 523 sqftTasaheel Building, Al Qusais Industrial Fourth · 5th floor

514, Tasaheel Building

Sold prices and rental history: sold once, by the developer in February 2017, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 514 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 384K12 February 2017
Current rentAED 25K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 514, Tasaheel Building

What is 514 worth today?

Last sold for AED 384,138 in 2017

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1 Aug 2024RentedNew contract
AED 25,200/yr12 months · AED 48 per sqft
1 Jan 2021RentedNew contract
AED 26,400/yr12 months · AED 50 per sqft
27 Feb 2018RentedNew contract
AED 35,000/yr12 months · AED 66 per sqft
12 Feb 2017Sold by developerReady
AED 384,138AED 735 per sqft

Source: Dubai Land Department. Updated 1 August 2024.

Key facts

Type
Studio apartment
Size
523 sqft
Floor
5th of 9
Parking
UB - 32
Last sold
AED 384K · February 2017

About 514, Tasaheel Building

514 is a studio of 523 sqft on the 5th floor of Tasaheel Building, a 9-storey tower in Al Qusais Industrial Fourth. The developer sold it on 12 February 2017 for AED 384,138, or AED 735 per sqft, in line with the AED 753 studios in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 1 August 2024, is AED 25,200 a year: a gross yield of 6.6% on the 2017 price.

Sales and rents for 514 over time

Sales
Unit 514, each saleTypical studio in Tasaheel Building
350K400K2017202020232026Typical sale price by year: 2017 AED 415,006; 2025 AED 352,500; 2026 AED 360,256Sold by developer, February 2017: AED 384,138 (AED 735 per sqft)

514 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 514, each contractTypical studio in Tasaheel Building
30K2017202020232026Typical rent by year: 2017 AED 37,000; 2018 AED 35,000; 2019 AED 30,084; 2020 AED 27,000; 2021 AED 25,000; 2022 AED 24,500; 2023 AED 23,500; 2024 AED 25,600; 2025 AED 30,000; 2026 AED 33,500New contract, February 2018: AED 35,000 a yearNew contract, January 2021: AED 26,400 a yearNew contract, August 2024: AED 25,200 a year

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

Studios in Tasaheel Building, and where 514 sits

All 18 studios →

514 last sold in February 2017 at AED 735 per sqft, in line with what studios in Tasaheel Building were fetching at the time (AED 753). Over the last 12 months studios sold for AED 330,000 to 395,000, around AED 667 per sqft, and rent for AED 26,250 to 36,500 a year. 514's AED 25,200 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
7 Sep 2026395,000
18 Jul 2026350,000
19 Jan 2026350,000
19 Jan 2026370,511
5 studio sales in the last 12 months

Tasaheel Building

Building

144 apartments, studios to 3-bed over 9 floors in Al Qusais Industrial Fourth. 9 sold in the last 12 months.

Typical price per sqft
AED 667
Typical sale
AED 395K
Typical rent
AED 37K /yr
Typical yield
8.7%
Tasaheel Building, Al Qusais Industrial Fourth: prices, sales and rents →

Other units on the 5th floor

All 144 units in Tasaheel Building
Value
5011-bedAED 541K · Jan 2017
5021-bedNo registered sale
5031-bedAED 390K · Sep 2022
5041-bedAED 410K · Sep 2024
5051-bedAED 445K · Mar 2017
5061-bedAED 518K · Feb 2017
5072-bedNo registered sale
1–7 of 15

514, Tasaheel Building in numbers

  • Sold once: by the developer on 12 February 2017 for AED 384,138, or AED 735 per sqft.
  • Rented since February 2018 on 3 Ejari contracts, from AED 35,000 to AED 25,200 a year.
  • At AED 25,200 a year the gross yield on the 2017 price is 6.6%.
  • Studios in Tasaheel Building sold for AED 330,000–395,000 in the 12 months to November 2026; the building's median across all types is AED 667 per sqft.

Source: Dubai Land Department. Updated 1 August 2024.

Questions about 514, Tasaheel Building

What did unit 514 last sell for?

AED 384,138 on 12 February 2017, sold by the developer: AED 735 per sqft for 523 sqft. It is the only registered sale of the unit.

What is the rent for unit 514?

AED 25,200 a year on the contract signed on 1 August 2024. The previous contract, from January 2021, was AED 26,400; the unit has been rented since February 2018.

How big is unit 514?

523 sqft (48.6 sqm): a studio on the 5th floor of a 9-storey tower.

What is unit 514 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Tasaheel Building sold for AED 330,000 to 395,000 in the last 12 months, around AED 667 per sqft.

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Mortgage on 514, Tasaheel Building

Starts from the last sale price (AED 384K, 12 February 2017). Switch to today's estimate once you have unlocked it.
Price
AED 384,138
Deposit, UAE resident (20%)
AED 76,828
Deposit, non-resident (40%)
AED 153,655
Monthly over 25 years at 3.7%
AED 1,572

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