1116, Ajmal Sarah Tower
Sold prices and rental history: sold once, by the developer in June 2009, 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 1116, Ajmal Sarah Tower
What is 1116 worth today?
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Source: Dubai Land Department. Updated 1 February 2024.
Key facts
- Type
- Studio apartment
- Size
- 467 sqft
- Floor
- 11th of 16
- Parking
- B3- 56
- Developer
- Fabson Import Export
- Completed
- 2015
- Service charge
- AED 6,600 /yr
- Last sold
- AED 514K · June 2009
- Building
- Ajmal Sarah Tower
About 1116, Ajmal Sarah Tower
1116 is a studio of 467 sqft on the 11th floor of Ajmal Sarah Tower, a 16-storey tower in Dubailand Residence Complex completed in 2015 by Fabson Import Export. The developer sold it on 22 June 2009 for AED 514,155, or AED 1,100 per sqft, 12% above the AED 983 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 1 February 2024, is AED 21,000 a year: a gross yield of 4.1% on the 2009 price, before the service charge of about AED 6,600 a year.
Sales and rents for 1116 over time
1116 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Ajmal Sarah Tower, and where 1116 sits
All 51 studios →1116 last sold in June 2009 at AED 1,100 per sqft, 12% above what studios in Ajmal Sarah Tower were fetching at the time (AED 983). Over the last 12 months studios sold for AED 320,756, around AED 686 per sqft, and rent for AED 28,500 to 51,000 a year. 1116's AED 21,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Jun 202622 June 2026 | 467 sqft | 320,756 | 686 | ||
| 4 Feb 20214 February 2021 | 575 sqft | 455,957 | 792 | ||
| 1 Mar 20201 March 2020 | 488 sqft | 250,000 | 511 | ||
| 26 Nov 201926 November 2019 | 492 sqft | 528,825 | 1,075 |
Ajmal Sarah Tower
Building253 apartments, studios to 3-bed over 16 floors in Dubailand Residence Complex, completed in 2015 by Fabson Import Export. 6 sold in the last 12 months.
- Typical price per sqft
- AED 754
- Typical sale
- AED 690K
- Typical rent
- AED 45K /yr
- Typical yield
- 6.6%
Other units on the 11th floor
All 253 units in Ajmal Sarah Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1101 | 1-bed | 895 sqft | AED 597KAED 596,902 · May 2024May 2024 | 61,000 /yr | |
| 1104 | 1-bed | 911 sqft | No registered sale | 35,000 /yr | |
| 1105 | 1-bed | 930 sqft | AED 973KAED 972,762 · Jun 2009June 2009 | 36,000 /yr | |
| 1106 | 2-bed | 1,630 sqft | No registered sale | 53,000 /yr | |
| 1107 | 1-bed | 1,165 sqft | No registered sale | 45,000 /yr | |
| 1108 | 1-bed | 1,094 sqft | No registered sale | 45,000 /yr | |
| 1109 | 1-bed | 1,043 sqft | No registered sale | 46,000 /yr | |
| 1111 | 2-bed | 1,343 sqft | No registered sale | 70,000 /yr | |
| 1112 | 1-bed | 824 sqft | No registered sale | 41,000 /yr | |
| 1114 | Studio | 468 sqft | AED 456KAED 456,020 · Jun 2009June 2009 | 22,500 /yr | |
| 1115 | Studio | 467 sqft | No registered sale | 35,000 /yr | |
| 1118 | 2-bed | 1,260 sqft | No registered sale | 65,000 /yr | |
| 1119 | Studio | 574 sqft | AED 634KAED 634,200 · Jun 2009June 2009 | 28,500 /yr | |
| 1120 | 1-bed | 985 sqft | No registered sale | 43,000 /yr |
1116, Ajmal Sarah Tower in numbers
- Sold once: by Fabson Import Export on 22 June 2009 for AED 514,155, or AED 1,100 per sqft.
- Rented since September 2017 on 7 Ejari contracts. The rent fell from AED 34,000 to AED 16,000 in 2021 and recovered to AED 21,000 by February 2024.
- At AED 21,000 a year the gross yield on the 2009 price is 4.1%, before a service charge of about AED 6,600 a year (AED 14.04 per sqft).
- Studios in Ajmal Sarah Tower sold for AED 320,756–320,756 in the 12 months to November 2026; the building's median across all types is AED 754 per sqft.
Source: Dubai Land Department. Updated 1 February 2024.
Questions about 1116, Ajmal Sarah Tower
What did unit 1116 last sell for?
AED 514,155 on 22 June 2009, sold by the developer: AED 1,100 per sqft for 467 sqft. It is the only registered sale of the unit.
What is the rent for unit 1116?
AED 21,000 a year on the contract renewed on 1 February 2024. The previous contract, from February 2023, was AED 20,000; the unit has been rented since September 2017.
How big is unit 1116?
467 sqft (43.4 sqm): a studio on the 11th floor of a 16-storey tower completed in 2015.
What is unit 1116 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Ajmal Sarah Tower sold for AED 320,756 to 320,756 in the last 12 months, around AED 686 per sqft.
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Mortgage on 1116, Ajmal Sarah Tower
Starts from the last sale price (AED 514K, 22 June 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 514,155
- Deposit, UAE resident (20%)
- AED 102,831
- Deposit, non-resident (40%)
- AED 205,662
- Monthly over 25 years at 3.7%
- AED 2,104
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →