1-bed · 742 sqftQasr Sabah 2, Dubai Production City (IMPZ) · 4th floor · completed 2015

409, Qasr Sabah 2

Sold prices and rental history: sold twice, last in January 2024, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 26 January 2024
Last soldAED 415K26 January 2024
Current rentAED 30K /yr16 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Qasr Sabah 2

What is 409 worth today?

Last sold for AED 415,000 in 2024

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26 Jan 2024SoldReady
AED 415,000AED 559 per sqft
16 Jul 2020RentedNew contract
AED 30,000/yr12 months · AED 40 per sqft
7 Mar 2019RentedNew contract
AED 38,000/yr13 months · AED 51 per sqft
25 May 2017RentedNew contract
AED 55,000/yr12 months · AED 74 per sqft
18 Nov 2014Sold by developerOff-plan
AED 1,211,252AED 1,632 per sqft

Source: Dubai Land Department. Updated 26 January 2024.

Key facts

Type
1-bed apartment
Size
742 sqft
Floor
4th of 6
Parking
G-69
Developer
RS Realty
Completed
2015
Service charge
AED 12,800 /yr
Last sold
AED 415K · January 2024
Building
Qasr Sabah 2

About 409, Qasr Sabah 2

409 is a one-bedroom apartment of 742 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 26 January 2024 for AED 415,000, or AED 559 per sqft, 8% below the AED 607 one-beds in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 16 July 2020, is AED 30,000 a year: a gross yield of 7.2% on the 2024 price, before the service charge of about AED 12,800 a year.

Sales and rents for 409 over time

Sales
Unit 409, each saleTypical one-bed in Qasr Sabah 2
500K1M2014201820222026Typical sale price by year: 2014 AED 1,100,169; 2015 AED 1,046,194; 2016 AED 495,000; 2017 AED 580,000; 2023 AED 400,000; 2024 AED 450,000; 2025 AED 457,500; 2026 AED 512,000Sold by developer, November 2014: AED 1,211,252 (AED 1,632 per sqft)Sold, January 2024: AED 415,000 (AED 559 per sqft)

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

Rents
Unit 409, each contractTypical one-bed in Qasr Sabah 2
20K40K60K20152018202120242027Typical rent by year: 2015 AED 59,500; 2016 AED 55,000; 2017 AED 51,000; 2018 AED 45,000; 2019 AED 37,000; 2020 AED 30,000; 2021 AED 25,000; 2022 AED 28,000; 2023 AED 32,000; 2024 AED 38,750; 2025 AED 43,500; 2026 AED 45,000New contract, May 2017: AED 55,000 a yearNew contract, March 2019: AED 38,000 a yearNew contract, July 2020: AED 30,000 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 Qasr Sabah 2, and where 409 sits

All 89 1-beds →

409 last sold in January 2024 at AED 559 per sqft, 8% below what one-beds in Qasr Sabah 2 were fetching at the time (AED 607). 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. 409's AED 30,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
10 Aug 2026635,000
16 Apr 2026512,000
16 Jan 2026495,000
30 Dec 2025520,000
6 1-bed sales in the last 12 months

Qasr Sabah 2

Building

101 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%
Qasr Sabah 2, Dubai Production City (IMPZ): prices, sales and rents →

Other units on the 4th floor

All 101 units in Qasr Sabah 2
Value
4011-bedAED 1.09M · Dec 2014
4021-bedAED 969K · Jan 2015
4031-bedAED 1.05M · Jan 2015
4041-bedAED 1.08M · Sep 2014
4051-bedAED 1.06M · Jan 2015
4061-bedAED 440K · Mar 2024
4071-bedAED 450K · Apr 2024
1–7 of 16

409, Qasr Sabah 2 in numbers

  • Sold twice: first on 18 November 2014 for AED 1,211,252, last on 26 January 2024 for AED 415,000 (AED 559 per sqft).
  • Rented since May 2017 on 3 Ejari contracts, from AED 55,000 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2024 price is 7.2%, before a service charge of about AED 12,800 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 26 January 2024.

Questions about 409, Qasr Sabah 2

What did unit 409 last sell for?

AED 415,000 on 26 January 2024: AED 559 per sqft for 742 sqft. The unit has 2 registered sales; the first was AED 1,211,252 in November 2014.

What is the rent for unit 409?

AED 30,000 a year on the contract signed on 16 July 2020. The previous contract, from March 2019, was AED 38,000; the unit has been rented since May 2017.

How big is unit 409?

742 sqft (68.9 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2015.

What is unit 409 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 409, Qasr Sabah 2

Starts from the last sale price (AED 415K, 26 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 415,000
Deposit, UAE resident (20%)
AED 83,000
Deposit, non-resident (40%)
AED 166,000
Monthly over 25 years at 3.7%
AED 1,698

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