516, 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 516, Ajmal Sarah Tower
What is 516 worth today?
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Source: Dubai Land Department. Updated 4 August 2026.
Key facts
- Type
- Studio apartment
- Size
- 495 sqft
- Floor
- 5th of 16
- Parking
- B4- 53
- Developer
- Fabson Import Export
- Completed
- 2015
- Service charge
- AED 6,900 /yr
- Last sold
- AED 466K · June 2009
- Building
- Ajmal Sarah Tower
About 516, Ajmal Sarah Tower
516 is a studio of 495 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 22 June 2009 for AED 466,440, or AED 942 per sqft, 4% below the AED 983 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, signed on 4 August 2026, is AED 38,000 a year: a gross yield of 8.2% on the 2009 price, before the service charge of about AED 6,900 a year.
Sales and rents for 516 over time
516 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 516 sits
All 51 studios →516 last sold in June 2009 at AED 942 per sqft, 4% below 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. 516's AED 38,000 is in the lower half 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 5th floor
All 253 units in Ajmal Sarah Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 895 sqft | No registered sale | 42,000 /yr | |
| 504 | 1-bed | 937 sqft | No registered sale | 41,000 /yr | |
| 505 | 1-bed | 933 sqft | AED 726KAED 726,175 · Jan 2019January 2019 | 45,645 /yr | |
| 506 | 2-bed | 1,629 sqft | No registered sale | 68,000 /yr | |
| 507 | 1-bed | 1,200 sqft | No registered sale | 50,000 /yr | |
| 508 | 1-bed | 1,114 sqft | No registered sale | 45,000 /yr | |
| 509 | 1-bed | 1,046 sqft | AED 986KAED 986,337 · Nov 2019November 2019 | 55,000 /yr | |
| 510 | 2-bed | 1,371 sqft | No registered sale | 77,000 /yr | |
| 511 | 2-bed | 1,380 sqft | No registered sale | 51,000 /yr | |
| 512 | 1-bed | 824 sqft | AED 428KAED 427,770 · Oct 2020October 2020 | 30,000 /yr | |
| 513 | 1-bed | 838 sqft | AED 852KAED 852,280 · Jun 2009June 2009 | 35,000 /yr | |
| 514 | Studio | 467 sqft | AED 434KAED 433,550 · Nov 2009November 2009 | 42,000 /yr | |
| 515 | Studio | 495 sqft | AED 465KAED 465,450 · Jun 2009June 2009 | 40,000 /yr | |
| 517 | 1-bed | 910 sqft | AED 880KAED 880,165 · Jun 2009June 2009 | 34,000 /yr | |
| 518 | 2-bed | 1,261 sqft | No registered sale | 57,750 /yr | |
| 519 | Studio | 575 sqft | AED 456KAED 455,957 · Feb 2021February 2021 | 26,000 /yr | |
| 520 | 1-bed | 1,023 sqft | No registered sale | 36,000 /yr |
516, Ajmal Sarah Tower in numbers
- Sold once: by Fabson Import Export on 22 June 2009 for AED 466,440, or AED 942 per sqft.
- Rented since August 2017 on 9 Ejari contracts. The rent fell from AED 36,000 to AED 20,000 in 2021 and recovered to AED 38,000 by August 2026.
- At AED 38,000 a year the gross yield on the 2009 price is 8.2%, before a service charge of about AED 6,900 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 4 August 2026.
Questions about 516, Ajmal Sarah Tower
What did unit 516 last sell for?
AED 466,440 on 22 June 2009, sold by the developer: AED 942 per sqft for 495 sqft. It is the only registered sale of the unit.
What is the rent for unit 516?
AED 38,000 a year on the contract signed on 4 August 2026. The previous contract, from June 2023, was AED 24,000; the unit has been rented since August 2017.
How big is unit 516?
495 sqft (46.0 sqm): a studio on the 5th floor of a 16-storey tower completed in 2015.
What is unit 516 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 516, Ajmal Sarah Tower
Starts from the last sale price (AED 466K, 22 June 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 466,440
- Deposit, UAE resident (20%)
- AED 93,288
- Deposit, non-resident (40%)
- AED 186,576
- Monthly over 25 years at 3.7%
- AED 1,908
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →