2-bed · 1,169 sqftBarari Hills Residence, Majan · 5th floor · completed 2022

503, Barari Hills Residence

Sold prices and rental history: sold twice, last in April 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 2 April 2024
Last soldAED 1.32M2 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Barari Hills Residence

What is 503 worth today?

Last sold for AED 1,320,000 in 2024

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2 Apr 2024Sold by developerReady
AED 1,320,000AED 1,128 per sqft
2 Apr 2024SoldReady
AED 1,320,000AED 1,128 per sqft

Source: Dubai Land Department. Updated 2 April 2024.

Key facts

Type
2-bed apartment
Size
1,169 sqft
Floor
5th of 9
Parking
P2-33
Developer
Al Mawared Properties
Completed
2022
Last sold
AED 1.32M · April 2024

About 503, Barari Hills Residence

503 is a two-bedroom apartment of 1,169 sqft on the 5th floor of Barari Hills Residence, a 9-storey tower in Majan completed in 2022 by Al Mawared Properties. The developer sold it on 2 April 2024 for AED 1,320,000, or AED 1,128 per sqft, 8% above the AED 1,049 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 503 over time

Sales
Unit 503, each saleTypical two-bed in Barari Hills Residence
1M1.2M1.4M20232024202520262027Typical sale price by year: 2023 AED 1,050,576; 2024 AED 1,318,500; 2025 AED 1,400,000; 2026 AED 1,432,500Sold by developer, April 2024: AED 1,320,000 (AED 1,128 per sqft)Sold, April 2024: AED 1,320,000 (AED 1,128 per sqft)

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

Rents
Unit 503, each contractTypical two-bed in Barari Hills Residence
80K90K2024202520262027Typical rent by year: 2024 AED 75,000; 2025 AED 95,000; 2026 AED 87,500

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

2-beds in Barari Hills Residence, and where 503 sits

All 30 2-beds →

503 last sold in April 2024 at AED 1,128 per sqft, 8% above what two-beds in Barari Hills Residence were fetching at the time (AED 1,049). Over the last 12 months two-beds sold for AED 1,300,000 to 1,470,000, around AED 1,212 per sqft, and rent for AED 78,750 to 198,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Oct 20261,300,000
25 Jun 20261,400,000
6 Mar 20261,435,000
23 Feb 20261,450,000
8 2-bed sales in the last 12 months

Barari Hills Residence

Building

69 apartments, 1-bed to 2-bed over 9 floors in Majan, completed in 2022 by Al Mawared Properties. 8 sold in the last 12 months.

Typical price per sqft
AED 1,212
Typical sale
AED 1.43M
Typical rent
AED 76K /yr
Typical yield
6.6%
Barari Hills Residence, Majan: prices, sales and rents →

Other units on the 5th floor

All 69 units in Barari Hills Residence
Value
5011-bedAED 876K · Nov 2024
5022-bedAED 1.46M · Jan 2025
5041-bedAED 775K · Aug 2023
5051-bedAED 960K · Jun 2024
5061-bedAED 899K · Jul 2024
5072-bedAED 1.05M · May 2023
5082-bedAED 1.37M · Aug 2024
1–7 of 8

503, Barari Hills Residence in numbers

  • Sold twice: first on 2 April 2024 for AED 1,320,000, last on 2 April 2024 for AED 1,320,000 (AED 1,128 per sqft).
  • Two-beds in Barari Hills Residence sold for AED 1,300,000–1,470,000 in the 12 months to November 2026; the building's median across all types is AED 1,212 per sqft.

Source: Dubai Land Department. Updated 2 April 2024.

Questions about 503, Barari Hills Residence

What did unit 503 last sell for?

AED 1,320,000 on 2 April 2024, sold by the developer: AED 1,128 per sqft for 1,169 sqft. The unit has 2 registered sales; the first was AED 1,320,000 in April 2024.

How big is unit 503?

1,169 sqft (108.6 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower completed in 2022.

What is unit 503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Barari Hills Residence sold for AED 1,300,000 to 1,470,000 in the last 12 months, around AED 1,212 per sqft.

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Mortgage on 503, Barari Hills Residence

Starts from the last sale price (AED 1.32M, 2 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,320,000
Deposit, UAE resident (20%)
AED 264,000
Deposit, non-resident (40%)
AED 528,000
Monthly over 25 years at 3.7%
AED 5,401

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