2-bed · 1,309 sqftAl Rabia Tower, Majan · 16th floor

1603, Al Rabia Tower

Sold prices and rental history: sold once, by the developer in July 2025, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1603 · DLD and Ejari recordsUpdated 15 September 2025
Last soldAED 962K30 July 2025
Current rentAED 85K /yr15 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1603, Al Rabia Tower

What is 1603 worth today?

Last sold for AED 961,792 in 2025

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 Sep 2025RentedNew contract
AED 85,000/yr12 months · AED 65 per sqft
30 Jul 2025Sold by developerReady
AED 961,792AED 735 per sqft
20 Oct 2023RentedRenewal
AED 53,373/yr3 months · AED 41 per sqft
20 Oct 2022RentedRenewal
AED 46,000/yr12 months · AED 35 per sqft
20 Oct 2021RentedNew contract
AED 40,000/yr12 months · AED 31 per sqft
2 Oct 2020RentedRenewal
AED 50,000/yr13 months · AED 38 per sqft
2 Oct 2019RentedRenewal
AED 62,000/yr12 months · AED 47 per sqft
2 Oct 2018RentedNew contract
AED 68,000/yr12 months · AED 52 per sqft

Source: Dubai Land Department. Updated 15 September 2025.

Key facts

Type
2-bed apartment
Size
1,309 sqft
Floor
16th of 29
Parking
B2-090
Service charge
AED 17,500 /yr
Last sold
AED 962K · July 2025

About 1603, Al Rabia Tower

1603 is a two-bedroom apartment of 1,309 sqft on the 16th floor of Al Rabia Tower, a 29-storey tower in Majan. The developer sold it on 30 July 2025 for AED 961,792, or AED 735 per sqft, 25% below the AED 976 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, signed on 15 September 2025, is AED 85,000 a year: a gross yield of 8.8% on the 2025 price, before the service charge of about AED 17,500 a year.

Sales and rents for 1603 over time

Sales
Unit 1603, each saleTypical two-bed in Al Rabia Tower
950K1M1.05M202520262027Typical sale price by year: 2025 AED 1,037,043; 2026 AED 1,060,000Sold by developer, July 2025: AED 961,792 (AED 735 per sqft)

1603 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1603, each contractTypical two-bed in Al Rabia Tower
50K75K2014201820222026Typical rent by year: 2014 AED 83,000; 2015 AED 83,000; 2016 AED 80,000; 2017 AED 76,000; 2018 AED 68,000; 2019 AED 63,000; 2020 AED 53,000; 2021 AED 46,000; 2022 AED 51,700; 2023 AED 57,750; 2024 AED 63,559; 2025 AED 73,077; 2026 AED 80,000New contract, April 2015: AED 78,000 a yearNew contract, May 2016: AED 80,000 a yearNew contract, June 2017: AED 66,125 a yearNew contract, July 2018: AED 61,522 a yearNew contract, October 2018: AED 68,000 a yearRenewal, October 2019: AED 62,000 a yearRenewal, October 2020: AED 50,000 a yearNew contract, October 2021: AED 40,000 a yearRenewal, October 2022: AED 46,000 a yearRenewal, October 2023: AED 53,373 a yearNew contract, September 2025: AED 85,000 a year

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

2-beds in Al Rabia Tower, and where 1603 sits

All 170 2-beds →

1603 last sold in July 2025 at AED 735 per sqft, 25% below what two-beds in Al Rabia Tower were fetching at the time (AED 976). Over the last 12 months two-beds sold for AED 872,148 to 1,287,380, around AED 760 per sqft, and rent for AED 50,000 to 100,000 a year. 1603's AED 85,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Aug 2026960,000
7 Aug 20261,075,000
14 Jul 20261,000,000
17 Apr 20261,060,000
49 2-bed sales in the last 12 months

Al Rabia Tower

Building

333 apartments, 1-bed to 3-bed over 29 floors in Majan. 93 sold in the last 12 months.

Typical price per sqft
AED 759 Down 1.6%
Typical sale
AED 950K
Typical rent
AED 78K /yr
Typical yield
8.3%
Al Rabia Tower, Majan: prices, sales and rents →

Other units on the 16th floor

All 333 units in Al Rabia Tower
Value
16012-bedAED 1.06M · Dec 2025
16022-bedAED 1.03M · Aug 2025
16041-bedAED 1M · Feb 2025
16052-bedAED 821K · Jul 2025
16063-bedAED 1.36M · Oct 2025
16072-bedAED 1.08M · Oct 2025
16081-bedAED 774K · Nov 2025
1–7 of 10

1603, Al Rabia Tower in numbers

  • Sold once: by the developer on 30 July 2025 for AED 961,792, or AED 735 per sqft.
  • Rented since April 2015 on 11 Ejari contracts. The rent fell from AED 78,000 to AED 40,000 in 2021 and recovered to AED 85,000 by September 2025.
  • At AED 85,000 a year the gross yield on the 2025 price is 8.8%, before a service charge of about AED 17,500 a year (AED 13.34 per sqft).
  • Two-beds in Al Rabia Tower sold for AED 872,148–1,287,380 in the 12 months to November 2026; the building's median across all types is AED 759 per sqft.

Source: Dubai Land Department. Updated 15 September 2025.

Questions about 1603, Al Rabia Tower

What did unit 1603 last sell for?

AED 961,792 on 30 July 2025, sold by the developer: AED 735 per sqft for 1,309 sqft. It is the only registered sale of the unit.

What is the rent for unit 1603?

AED 85,000 a year on the contract signed on 15 September 2025. The previous contract, from October 2023, was AED 53,373; the unit has been rented since April 2015.

How big is unit 1603?

1,309 sqft (121.6 sqm): a two-bedroom apartment on the 16th floor of a 29-storey tower.

What is unit 1603 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Rabia Tower sold for AED 872,148 to 1,287,380 in the last 12 months, around AED 760 per sqft.

Selling 1603? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1603, Al Rabia Tower

Starts from the last sale price (AED 962K, 30 July 2025). Switch to today's estimate once you have unlocked it.
Price
AED 961,792
Deposit, UAE resident (20%)
AED 192,358
Deposit, non-resident (40%)
AED 384,717
Monthly over 25 years at 3.7%
AED 3,935

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