516, Tabeer 1
Sold prices and rental history: sold twice, last in January 2023, and rented once, from January 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 516, Tabeer 1
What is 516 worth today?
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Source: Dubai Land Department. Updated 26 January 2023.
Key facts
- Type
- Studio apartment
- Size
- 424 sqft
- Floor
- 5th of 7
- Parking
- G-34
- Developer
- Tabeer Real Estate Development
- Completed
- 2022
- Service charge
- AED 5,700 /yr
- Last sold
- AED 360K · January 2023
- Building
- Tabeer 1
About 516, Tabeer 1
516 is a studio of 424 sqft on the 5th floor of Tabeer 1, a 7-storey tower in International City completed in 2022 by Tabeer Real Estate Development. It last sold on 24 January 2023 for AED 360,000, or AED 848 per sqft, 9% below the AED 929 studios in the building were fetching at the time.
One Ejari contract is registered, from 26 January 2023. The current contract, signed on 26 January 2023, is AED 33,000 a year: a gross yield of 9.2% on the 2023 price, before the service charge of about AED 5,700 a year.
Sales and rents for 516 over time
516 has sold twice; 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 Tabeer 1, and where 516 sits
All 37 studios →516 last sold in January 2023 at AED 848 per sqft, 9% below what studios in Tabeer 1 were fetching at the time (AED 929). Over the last 12 months studios sold for AED 490,000 to 530,000, around AED 1,143 per sqft, and rent for AED 31,000 to 42,113 a year. 516's AED 33,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 31 Mar 202631 March 2026 | 446 sqft | 530,000 | 1,187 | ||
| 28 Jan 202628 January 2026 | 446 sqft | 490,000 | 1,098 | ||
| 7 Nov 20257 November 2025 | 446 sqft | 450,000 | 1,008 | ||
| 1 Aug 20251 August 2025 | 446 sqft | 350,000 | 784 |
Tabeer 1
Building106 apartments, studios to 2-bed over 7 floors in International City, completed in 2022 by Tabeer Real Estate Development. 5 sold in the last 12 months.
- Typical price per sqft
- AED 1,098
- Typical sale
- AED 1.15M
- Typical rent
- AED 50K /yr
- Typical yield
- 6.4%
Other units on the 5th floor
All 106 units in Tabeer 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 725 sqft | AED 479KAED 479,080 · Oct 2022October 2022 | 48,000 /yr | |
| 502 | 1-bed | 717 sqft | AED 615KAED 614,601 · Sep 2022September 2022 | 60,000 /yr | |
| 503 | 2-bed | 1,062 sqft | AED 901KAED 901,250 · Aug 2021August 2021 | ||
| 504 | 2-bed | 1,060 sqft | AED 968KAED 968,240 · Oct 2022October 2022 | ||
| 505 | 1-bed | 767 sqft | AED 665KAED 665,000 · Mar 2023March 2023 | ||
| 506 | 1-bed | 768 sqft | AED 600KAED 600,000 · Sep 2022September 2022 | 60,000 /yr | |
| 507 | 1-bed | 766 sqft | AED 658KAED 657,672 · Feb 2023February 2023 | ||
| 508 | 1-bed | 771 sqft | AED 658KAED 657,672 · Nov 2022November 2022 | 52,000 /yr | |
| 509 | 2-bed | 1,071 sqft | AED 926KAED 925,684 · Oct 2022October 2022 | 65,000 /yr | |
| 510 | 2-bed | 1,079 sqft | AED 926KAED 925,684 · Oct 2022October 2022 | 63,000 /yr | |
| 511 | Studio | 446 sqft | AED 433KAED 433,160 · Nov 2022November 2022 | 38,000 /yr | |
| 512 | Studio | 446 sqft | AED 450KAED 450,000 · Feb 2025February 2025 | 40,000 /yr | |
| 513 | Studio | 446 sqft | AED 387KAED 386,636 · Jul 2021July 2021 | 40,000 /yr | |
| 514 | Studio | 446 sqft | AED 382KAED 382,200 · Dec 2021December 2021 | 41,000 /yr | |
| 515 | Studio | 441 sqft | AED 425KAED 425,000 · Sep 2022September 2022 | 38,000 /yr |
516, Tabeer 1 in numbers
- Sold twice: first on 12 July 2021 for AED 380,688, last on 24 January 2023 for AED 360,000 (AED 848 per sqft).
- Rented since January 2023 on one Ejari contract, at AED 33,000 a year.
- At AED 33,000 a year the gross yield on the 2023 price is 9.2%, before a service charge of about AED 5,700 a year (AED 13.34 per sqft).
- Studios in Tabeer 1 sold for AED 490,000–530,000 in the 12 months to November 2026; the building's median across all types is AED 1,098 per sqft.
Source: Dubai Land Department. Updated 26 January 2023.
Questions about 516, Tabeer 1
What did unit 516 last sell for?
AED 360,000 on 24 January 2023: AED 848 per sqft for 424 sqft. The unit has 2 registered sales; the first was AED 380,688 in July 2021.
What is the rent for unit 516?
AED 33,000 a year on the contract signed on 26 January 2023.
How big is unit 516?
424 sqft (39.4 sqm): a studio on the 5th floor of a 7-storey tower completed in 2022.
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 Tabeer 1 sold for AED 490,000 to 530,000 in the last 12 months, around AED 1,143 per sqft.
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Mortgage on 516, Tabeer 1
Starts from the last sale price (AED 360K, 24 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 360,000
- Deposit, UAE resident (20%)
- AED 72,000
- Deposit, non-resident (40%)
- AED 144,000
- Monthly over 25 years at 3.7%
- AED 1,473
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →