1-bed · 1,046 sqftAjmal Sarah Tower, Dubailand Residence Complex · 5th floor · completed 2015

509, Ajmal Sarah Tower

Sold prices and rental history: sold once, by the developer in November 2019, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 6 November 2019
Last soldAED 986K6 November 2019
Current rentAED 55K /yr1 June 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, Ajmal Sarah Tower

What is 509 worth today?

Last sold for AED 986,337 in 2019

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6 Nov 2019Sold by developerReady
AED 986,337AED 943 per sqft
1 Jun 2017RentedRenewal
AED 55,000/yr12 months · AED 53 per sqft
1 Jun 2016RentedNew contract
AED 60,000/yr12 months · AED 57 per sqft

Source: Dubai Land Department. Updated 6 November 2019.

Key facts

Type
1-bed apartment
Size
1,046 sqft
Floor
5th of 16
Parking
B4- 46
Developer
Fabson Import Export
Completed
2015
Service charge
AED 14,700 /yr
Last sold
AED 986K · November 2019

About 509, Ajmal Sarah Tower

509 is a one-bedroom apartment of 1,046 sqft on the 5th 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 6 November 2019 for AED 986,337, or AED 943 per sqft, 85% above the AED 510 one-beds in the building were fetching at the time.

It has been rented since 2016 on 2 Ejari contracts. The current contract, renewed on 1 June 2017, is AED 55,000 a year: a gross yield of 5.6% on the 2019 price, before the service charge of about AED 14,700 a year.

Sales and rents for 509 over time

Sales
Unit 509, each saleTypical one-bed in Ajmal Sarah Tower
500K1M2009201420192024Typical sale price by year: 2009 AED 1,041,040; 2016 AED 466,305; 2018 AED 779,479; 2019 AED 562,500; 2020 AED 466,305; 2024 AED 600,000; 2026 AED 650,000Sold by developer, November 2019: AED 986,337 (AED 943 per sqft)

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

Rents
Unit 509, each contractTypical one-bed in Ajmal Sarah Tower
40K60K2016201920222025Typical rent by year: 2016 AED 55,000; 2017 AED 52,250; 2018 AED 45,000; 2019 AED 38,000; 2020 AED 35,000; 2021 AED 32,000; 2022 AED 32,000; 2023 AED 36,000; 2024 AED 39,500; 2025 AED 42,000; 2026 AED 46,000New contract, June 2016: AED 60,000 a yearRenewal, June 2017: AED 55,000 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 Ajmal Sarah Tower, and where 509 sits

All 148 1-beds →

509 last sold in November 2019 at AED 943 per sqft, 85% above what one-beds in Ajmal Sarah Tower were fetching at the time (AED 510). Over the last 12 months one-beds sold for AED 530,000 to 730,000, around AED 777 per sqft, and rent for AED 34,000 to 84,000 a year. 509's AED 55,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Oct 2026730,000
29 Jul 2026530,000
8 May 2026650,000
25 Oct 2024600,000
3 1-bed sales in the last 12 months

Ajmal Sarah Tower

Building

253 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%
Ajmal Sarah Tower, Dubailand Residence Complex: prices, sales and rents →

Other units on the 5th floor

All 253 units in Ajmal Sarah Tower
Value
5011-bedNo registered sale
5041-bedNo registered sale
5051-bedAED 726K · Jan 2019
5062-bedNo registered sale
5071-bedNo registered sale
5081-bedNo registered sale
5102-bedNo registered sale
1–7 of 17

509, Ajmal Sarah Tower in numbers

  • Sold once: by Fabson Import Export on 6 November 2019 for AED 986,337, or AED 943 per sqft.
  • Rented since June 2016 on 2 Ejari contracts, from AED 60,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2019 price is 5.6%, before a service charge of about AED 14,700 a year (AED 14.04 per sqft).
  • One-beds in Ajmal Sarah Tower sold for AED 530,000–730,000 in the 12 months to November 2026; the building's median across all types is AED 754 per sqft.

Source: Dubai Land Department. Updated 6 November 2019.

Questions about 509, Ajmal Sarah Tower

What did unit 509 last sell for?

AED 986,337 on 6 November 2019, sold by the developer: AED 943 per sqft for 1,046 sqft. It is the only registered sale of the unit.

What is the rent for unit 509?

AED 55,000 a year on the contract renewed on 1 June 2017. The previous contract, from June 2016, was AED 60,000.

How big is unit 509?

1,046 sqft (97.2 sqm): a one-bedroom apartment on the 5th floor of a 16-storey tower completed in 2015.

What is unit 509 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Ajmal Sarah Tower sold for AED 530,000 to 730,000 in the last 12 months, around AED 777 per sqft.

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Mortgage on 509, Ajmal Sarah Tower

Starts from the last sale price (AED 986K, 6 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 986,337
Deposit, UAE resident (20%)
AED 197,267
Deposit, non-resident (40%)
AED 394,535
Monthly over 25 years at 3.7%
AED 4,035

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