Home
Dubai prices
About
Research
1-bed · 651 sqftQasr Sabah 3, Dubai Production City (IMPZ) · 6th floor · completed 2015

623, Qasr Sabah 3

Sold prices and rental history: sold once, by the developer in December 2014, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 623 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 1.08M8 December 2014
Current rentAED 43K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 623

Property timeline for 623, Qasr Sabah 3

What is 623 worth today?

Last sold for AED 1,083,040 in 2014

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Aug 2024RentedRenewal
AED 43,000/yr12 months · AED 67 per sqft
1 Aug 2023RentedNew contract
AED 39,000/yr12 months · AED 60 per sqft
8 Dec 2014Sold by developerOff-plan
AED 1,083,040AED 1,663 per sqft

Source: Dubai Land Department. Updated 1 August 2024.

Key facts

Type
1-bed apartment
Size
651 sqft
Floor
6th of 6
Parking
P15
Developer
RS Realty
Completed
2015
Service charge
AED 10,600 /yr
Last sold
AED 1.08M · December 2014
Building
Qasr Sabah 3

About 623, Qasr Sabah 3

623 is a one-bedroom apartment of 651 sqft on the 6th floor of Qasr Sabah 3, a 6-storey tower in Dubai Production City (IMPZ) completed in 2015 by RS Realty. The developer sold it on 8 December 2014 for AED 1,083,040, or AED 1,663 per sqft, in line with the AED 1,644 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 1 August 2024, is AED 43,000 a year: a gross yield of 4.0% on the 2014 price, before the service charge of about AED 10,600 a year.

Sales and rents for 623 over time

Sales
Unit 623, each saleTypical one-bed in Qasr Sabah 3
500K1M2014201820222026Typical sale price by year: 2014 AED 1,076,372; 2015 AED 992,466; 2017 AED 539,000; 2023 AED 338,500; 2024 AED 470,000; 2025 AED 510,000; 2026 AED 590,000Sold by developer, December 2014: AED 1,083,040 (AED 1,663 per sqft)

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

Rents
Unit 623, each contractTypical one-bed in Qasr Sabah 3
20K40K60K2016201920222025Typical rent by year: 2016 AED 57,000; 2017 AED 53,000; 2018 AED 45,000; 2019 AED 37,000; 2020 AED 30,000; 2021 AED 25,000; 2022 AED 28,000; 2023 AED 34,500; 2024 AED 38,000; 2025 AED 43,822; 2026 AED 42,750New contract, August 2023: AED 39,000 a yearRenewal, August 2024: AED 43,000 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 3, and where 623 sits

All 150 1-beds →

623 last sold in December 2014 at AED 1,663 per sqft, in line with what one-beds in Qasr Sabah 3 were fetching at the time (AED 1,644). Over the last 12 months one-beds sold for AED 545,000 to 620,000, around AED 946 per sqft, and rent for AED 25,000 to 55,000 a year. 623's AED 43,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Feb 2026590,000
6 Jan 2026620,000
2 Jan 2026545,000
17 Oct 2025499,500
3 1-bed sales in the last 12 months

Qasr Sabah 3

Building

156 apartments, studios to 1-bed over 6 floors in Dubai Production City (IMPZ), completed in 2015 by RS Realty. 4 sold in the last 12 months.

Typical price per sqft
AED 1,012
Typical sale
AED 568K
Typical rent
AED 42K /yr
Typical yield
6.6%
Qasr Sabah 3, Dubai Production City (IMPZ): prices, sales and rents →

Other units on the 6th floor

All 156 units in Qasr Sabah 3
Value
6011-bedNo registered sale
6021-bedNo registered sale
6031-bedAED 1.07M · May 2015
6041-bedAED 1.09M · Dec 2014
6051-bedAED 1.08M · Dec 2014
6061-bedNo registered sale
6071-bedNo registered sale
1–7 of 25

623, Qasr Sabah 3 in numbers

  • Sold once: by RS Realty on 8 December 2014 for AED 1,083,040, or AED 1,663 per sqft.
  • Rented since August 2023 on 2 Ejari contracts, from AED 39,000 to AED 43,000 a year.
  • At AED 43,000 a year the gross yield on the 2014 price is 4.0%, before a service charge of about AED 10,600 a year (AED 16.29 per sqft).
  • One-beds in Qasr Sabah 3 sold for AED 545,000–620,000 in the 12 months to November 2026; the building's median across all types is AED 1,012 per sqft.

Source: Dubai Land Department. Updated 1 August 2024.

Questions about 623, Qasr Sabah 3

What did unit 623 last sell for?

AED 1,083,040 on 8 December 2014, sold by the developer: AED 1,663 per sqft for 651 sqft. It is the only registered sale of the unit.

What is the rent for unit 623?

AED 43,000 a year on the contract renewed on 1 August 2024. The previous contract, from August 2023, was AED 39,000.

How big is unit 623?

651 sqft (60.5 sqm): a one-bedroom apartment on the 6th floor of a 6-storey tower completed in 2015.

What is unit 623 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 3 sold for AED 545,000 to 620,000 in the last 12 months, around AED 946 per sqft.

Selling 623? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 623, Qasr Sabah 3

Starts from the last sale price (AED 1.08M, 8 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,083,040
Deposit, UAE resident (20%)
AED 216,608
Deposit, non-resident (40%)
AED 433,216
Monthly over 25 years at 3.7%
AED 4,431

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