2-bed · 1,062 sqftTabeer 1, International City · 7th floor · completed 2022

703, Tabeer 1

Sold prices and rental history: sold once, by the developer in October 2022, and rented once, from February 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 1 February 2023
Last soldAED 850K18 October 2022
Current rentAED 10K /yr1 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Tabeer 1

What is 703 worth today?

Last sold for AED 850,000 in 2022

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1 Feb 2023RentedNew contract · flagged as an outlier
AED 10,000/yr60 months · AED 9 per sqft
18 Oct 2022Sold by developerReady
AED 850,000AED 800 per sqft

Source: Dubai Land Department. Updated 1 February 2023.

Key facts

Type
2-bed apartment
Size
1,062 sqft
Floor
7th of 7
Parking
P-43
Developer
Tabeer Real Estate Development
Completed
2022
Service charge
AED 14,200 /yr
Last sold
AED 850K · October 2022
Building
Tabeer 1

About 703, Tabeer 1

703 is a two-bedroom apartment of 1,062 sqft on the 7th floor of Tabeer 1, a 7-storey tower in International City completed in 2022 by Tabeer Real Estate Development. The developer sold it on 18 October 2022 for AED 850,000, or AED 800 per sqft, in line with the AED 819 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 February 2023. The current contract, signed on 1 February 2023, is AED 10,000 a year: a gross yield of 1.2% on the 2022 price, before the service charge of about AED 14,200 a year.

Sales and rents for 703 over time

Sales
Unit 703, each saleTypical two-bed in Tabeer 1
900K1M20212022202320242025Typical sale price by year: 2021 AED 875,500; 2022 AED 884,080; 2023 AED 1,037,770; 2024 AED 1,015,000Sold by developer, October 2022: AED 850,000 (AED 800 per sqft)

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

Rents
Unit 703, each contractTypical two-bed in Tabeer 1
60K202220242026Typical rent by year: 2022 AED 50,000; 2023 AED 60,000; 2024 AED 60,000; 2025 AED 75,000; 2026 AED 75,000

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Tabeer 1, and where 703 sits

All 32 2-beds →

703 last sold in October 2022 at AED 800 per sqft, in line with what two-beds in Tabeer 1 were fetching at the time (AED 819). Over the last 12 months two-beds sold for AED 1,150,000 to 1,700,000, around AED 1,093 per sqft, and rent for AED 63,000 to 85,000 a year. 703's AED 10,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
11 Mar 20261,180,000
11 Feb 20261,700,000
26 Nov 20251,150,000
23 Dec 20241,050,000
3 2-bed sales in the last 12 months

Tabeer 1

Building

106 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%
Tabeer 1, International City: prices, sales and rents →

Other units on the 7th floor

All 106 units in Tabeer 1
Value
7011-bedAED 479K · Oct 2022
7021-bedAED 473K · Oct 2022
7042-bedAED 840K · Oct 2022
7051-bedAED 634K · Feb 2022
7061-bedAED 628K · Mar 2022
7071-bedAED 622K · Aug 2022
7081-bedAED 630K · Mar 2021
1–7 of 15

703, Tabeer 1 in numbers

  • Sold once: by Tabeer Real Estate Development on 18 October 2022 for AED 850,000, or AED 800 per sqft.
  • Rented since February 2023 on one Ejari contract, at AED 10,000 a year.
  • At AED 10,000 a year the gross yield on the 2022 price is 1.2%, before a service charge of about AED 14,200 a year (AED 13.34 per sqft).
  • Two-beds in Tabeer 1 sold for AED 1,150,000–1,700,000 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 1 February 2023.

Questions about 703, Tabeer 1

What did unit 703 last sell for?

AED 850,000 on 18 October 2022, sold by the developer: AED 800 per sqft for 1,062 sqft. It is the only registered sale of the unit.

What is the rent for unit 703?

AED 10,000 a year on the contract signed on 1 February 2023.

How big is unit 703?

1,062 sqft (98.7 sqm): a two-bedroom apartment on the 7th floor of a 7-storey tower completed in 2022.

What is unit 703 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Tabeer 1 sold for AED 1,150,000 to 1,700,000 in the last 12 months, around AED 1,093 per sqft.

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Mortgage on 703, Tabeer 1

Starts from the last sale price (AED 850K, 18 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

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