1-bed · 608 sqftQasr Sabah 2, Dubai Production City (IMPZ) · 5th floor · completed 2015

502, Qasr Sabah 2

Sold prices and rental history: sold once, by the developer in January 2015, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 20 May 2021
Last soldAED 1.05M26 January 2015
Current rentAED 25K /yr20 May 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Qasr Sabah 2

What is 502 worth today?

Last sold for AED 1,046,194 in 2015

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20 May 2021RentedNew contract
AED 25,000/yr12 months · AED 41 per sqft
2 Apr 2019RentedRenewal
AED 42,000/yr12 months · AED 69 per sqft
2 Apr 2018RentedRenewal
AED 50,000/yr12 months · AED 82 per sqft
2 Apr 2017RentedNew contract
AED 50,000/yr12 months · AED 82 per sqft
3 Mar 2016RentedNew contract
AED 60,000/yr12 months · AED 100 per sqft
26 Jan 2015Sold by developerOff-plan
AED 1,046,194AED 1,721 per sqft

Source: Dubai Land Department. Updated 20 May 2021.

Key facts

Type
1-bed apartment
Size
608 sqft
Floor
5th of 6
Parking
G-42
Developer
RS Realty
Completed
2015
Service charge
AED 10,500 /yr
Last sold
AED 1.05M · January 2015
Building
Qasr Sabah 2

About 502, Qasr Sabah 2

502 is a one-bedroom apartment of 608 sqft on the 5th floor of Qasr Sabah 2, a 6-storey tower in Dubai Production City (IMPZ) completed in 2015 by RS Realty. The developer sold it on 26 January 2015 for AED 1,046,194, or AED 1,721 per sqft, in line with the AED 1,709 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, signed on 20 May 2021, is AED 25,000 a year: a gross yield of 2.4% on the 2015 price, before the service charge of about AED 10,500 a year.

Sales and rents for 502 over time

Sales
Unit 502, 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, January 2015: AED 1,046,194 (AED 1,721 per sqft)

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

Rents
Unit 502, 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, March 2016: AED 60,000 a yearNew contract, April 2017: AED 50,000 a yearRenewal, April 2018: AED 50,000 a yearRenewal, April 2019: AED 42,000 a yearNew contract, May 2021: AED 25,000 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 502 sits

All 89 1-beds →

502 last sold in January 2015 at AED 1,721 per sqft, in line with what one-beds in Qasr Sabah 2 were fetching at the time (AED 1,709). 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. 502's AED 25,000 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 5th floor

All 101 units in Qasr Sabah 2
Value
5011-bedAED 1.11M · Dec 2014
5031-bedAED 1.06M · Sep 2014
5041-bedAED 580K · Feb 2017
5051-bedAED 750K · Mar 2024
5061-bedAED 375K · Aug 2023
5071-bedNo registered sale
5081-bedAED 1.12M · Dec 2014
1–7 of 15

502, Qasr Sabah 2 in numbers

  • Sold once: by RS Realty on 26 January 2015 for AED 1,046,194, or AED 1,721 per sqft.
  • Rented since March 2016 on 5 Ejari contracts, from AED 60,000 to AED 25,000 a year.
  • At AED 25,000 a year the gross yield on the 2015 price is 2.4%, before a service charge of about AED 10,500 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 20 May 2021.

Questions about 502, Qasr Sabah 2

What did unit 502 last sell for?

AED 1,046,194 on 26 January 2015, sold by the developer: AED 1,721 per sqft for 608 sqft. It is the only registered sale of the unit.

What is the rent for unit 502?

AED 25,000 a year on the contract signed on 20 May 2021. The previous contract, from April 2019, was AED 42,000; the unit has been rented since March 2016.

How big is unit 502?

608 sqft (56.5 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2015.

What is unit 502 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 502, Qasr Sabah 2

Starts from the last sale price (AED 1.05M, 26 January 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,046,194
Deposit, UAE resident (20%)
AED 209,239
Deposit, non-resident (40%)
AED 418,478
Monthly over 25 years at 3.7%
AED 4,280

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