407, Qasr Sabah 2
Sold prices and rental history: sold 3 times, last in April 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407, Qasr Sabah 2
What is 407 worth today?
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Source: Dubai Land Department. Updated 6 April 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 622 sqft
- Floor
- 4th of 6
- Parking
- G-111
- Developer
- RS Realty
- Completed
- 2015
- Service charge
- AED 10,700 /yr
- Last sold
- AED 450K · April 2024
- Building
- Qasr Sabah 2
About 407, Qasr Sabah 2
407 is a one-bedroom apartment of 622 sqft on the 4th floor of Qasr Sabah 2, a 6-storey tower in Dubai Production City (IMPZ) completed in 2015 by RS Realty. It last sold on 6 April 2024 for AED 450,000, or AED 723 per sqft, 12% above the AED 643 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 3 July 2023, is AED 32,326 a year: a gross yield of 7.2% on the 2024 price, before the service charge of about AED 10,700 a year.
Sales and rents for 407 over time
407 has sold 3 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Qasr Sabah 2, and where 407 sits
All 89 1-beds →407 last sold in April 2024 at AED 723 per sqft, 12% above what one-beds in Qasr Sabah 2 were fetching at the time (AED 643). Over the last 12 months one-beds sold for AED 495,000 to 635,000, around AED 802 per sqft, and rent for AED 15,000 to 78,000 a year. 407's AED 32,326 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Aug 202610 August 2026 | 622 sqft | 635,000 | 1,021 | ||
| 16 Apr 202616 April 2026 | 667 sqft | 512,000 | 767 | ||
| 16 Jan 202616 January 2026 | 701 sqft | 495,000 | 706 | ||
| 30 Dec 202530 December 2025 | 662 sqft | 520,000 | 785 |
Qasr Sabah 2
Building101 apartments, studios to 1-bed over 6 floors in Dubai Production City (IMPZ), completed in 2015 by RS Realty. 6 sold in the last 12 months.
- Typical price per sqft
- AED 802
- Typical sale
- AED 520K
- Typical rent
- AED 44K /yr
- Typical yield
- 8.7%
Other units on the 4th floor
All 101 units in Qasr Sabah 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 628 sqft | AED 1.09MAED 1,092,898 · Dec 2014December 2014 | 49,000 /yr | |
| 402 | 1-bed | 564 sqft | AED 969KAED 968,786 · Jan 2015January 2015 | 46,000 /yr | |
| 403 | 1-bed | 667 sqft | AED 1.05MAED 1,051,289 · Jan 2015January 2015 | 38,500 /yr | |
| 404 | 1-bed | 622 sqft | AED 1.08MAED 1,078,790 · Sep 2014September 2014 | 53,000 /yr | |
| 405 | 1-bed | 621 sqft | AED 1.06MAED 1,064,146 · Jan 2015January 2015 | 45,000 /yr | |
| 406 | 1-bed | 621 sqft | AED 440KAED 440,000 · Mar 2024March 2024 | 52,000 /yr | |
| 408 | 1-bed | 622 sqft | AED 635KAED 635,000 · Aug 2026August 2026 | 32,200 /yr | |
| 409 | 1-bed | 742 sqft | AED 415KAED 415,000 · Jan 2024January 2024 | 30,000 /yr | |
| 410 | 1-bed | 620 sqft | AED 1.05MAED 1,052,003 · Jan 2015January 2015 | 44,000 /yr | |
| 411 | 1-bed | 617 sqft | AED 1.06MAED 1,057,896 · Jan 2015January 2015 | 27,000 /yr | |
| 412 | 1-bed | 617 sqft | AED 1.06MAED 1,057,896 · Jan 2015January 2015 | 30,000 /yr | |
| 413 | 1-bed | 635 sqft | AED 630KAED 630,000 · Apr 2017April 2017 | 50,820 /yr | |
| 414 | Studio | 420 sqft | AED 350KAED 350,000 · May 2024May 2024 | 40,000 /yr | |
| 415 | 1-bed | 699 sqft | AED 450KAED 450,000 · Feb 2024February 2024 | 42,000 /yr | |
| 416 | 1-bed | 701 sqft | AED 495KAED 495,000 · Jan 2026January 2026 | 54,000 /yr | |
| 417 | Studio | 446 sqft | AED 722KAED 721,634 · Oct 2014October 2014 | 32,000 /yr |
407, Qasr Sabah 2 in numbers
- Sold 3 times: first on 17 February 2015 for AED 1,064,861, last on 6 April 2024 for AED 450,000 (AED 723 per sqft).
- Rented since January 2017 on 7 Ejari contracts. The rent fell from AED 56,000 to AED 25,000 in 2021 and recovered to AED 32,326 by July 2023.
- At AED 32,326 a year the gross yield on the 2024 price is 7.2%, before a service charge of about AED 10,700 a year (AED 17.23 per sqft).
- One-beds in Qasr Sabah 2 sold for AED 495,000–635,000 in the 12 months to November 2026; the building's median across all types is AED 802 per sqft.
Source: Dubai Land Department. Updated 6 April 2024.
Questions about 407, Qasr Sabah 2
What did unit 407 last sell for?
AED 450,000 on 6 April 2024: AED 723 per sqft for 622 sqft. The unit has 3 registered sales; the first was AED 1,064,861 in February 2015.
What is the rent for unit 407?
AED 32,326 a year on the contract renewed on 3 July 2023. The previous contract, from July 2022, was AED 28,000; the unit has been rented since January 2017.
How big is unit 407?
622 sqft (57.8 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2015.
What is unit 407 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Qasr Sabah 2 sold for AED 495,000 to 635,000 in the last 12 months, around AED 802 per sqft.
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Mortgage on 407, Qasr Sabah 2
Starts from the last sale price (AED 450K, 6 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 450,000
- Deposit, UAE resident (20%)
- AED 90,000
- Deposit, non-resident (40%)
- AED 180,000
- Monthly over 25 years at 3.7%
- AED 1,841
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →