1-bed · 1,247 sqftMirdif Hills - Nasayem Avenue 1, Mirdif · 5th floor · completed 2020

A.501.S, Mirdif Hills - Nasayem Avenue 1

Sold prices and rental history: sold once, by the developer in May 2024, and rented once, from October 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A.501.S · DLD and Ejari recordsUpdated 24 May 2024
Last soldAED 1.49M24 May 2024
Current rentAED 90K /yr30 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A.501.S, Mirdif Hills - Nasayem Avenue 1

What is A.501.S worth today?

Last sold for AED 1,490,081 in 2024

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24 May 2024Sold by developerReady
AED 1,490,081AED 1,195 per sqft
30 Oct 2023RentedNew contract
AED 90,000/yr12 months · AED 72 per sqft

Source: Dubai Land Department. Updated 24 May 2024.

Key facts

Type
1-bed apartment
Size
1,247 sqft
Floor
5th of 5
Parking
B-103
Developer
Dubai Investment Real Estate
Completed
2020
Last sold
AED 1.49M · May 2024

About A.501.S, Mirdif Hills - Nasayem Avenue 1

A.501.S is a one-bedroom apartment of 1,247 sqft on the 5th floor of Mirdif Hills - Nasayem Avenue 1, a 5-storey tower in Mirdif completed in 2020 by Dubai Investment Real Estate. The developer sold it on 24 May 2024 for AED 1,490,081, or AED 1,195 per sqft, 5% above the AED 1,142 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 30 October 2023. The current contract, signed on 30 October 2023, is AED 90,000 a year: a gross yield of 6.0% on the 2024 price.

Sales and rents for A.501.S over time

Sales
Unit A.501.S, each saleTypical one-bed in Mirdif Hills - Nasayem Avenue 1
1.4M1.45M1.5M202320242025Typical sale price by year: 2023 AED 1,388,533; 2024 AED 1,490,081Sold by developer, May 2024: AED 1,490,081 (AED 1,195 per sqft)

A.501.S has sold once; the dashed line is the one-bed median of each year in the building.

1-beds in Mirdif Hills - Nasayem Avenue 1, and where A.501.S sits

All 9 1-beds →

A.501.S last sold in May 2024 at AED 1,195 per sqft, 5% above what one-beds in Mirdif Hills - Nasayem Avenue 1 were fetching at the time (AED 1,142).

Recent 1-bed salesUnit no.Price (AED)Summary
2 Feb 20241,453,496
23 Jan 20241,543,391
25 Dec 20231,392,665
17 Dec 20231,384,400
0 1-bed sales in the last 12 months

Mirdif Hills - Nasayem Avenue 1

Building

126 apartments, studios to 3-bed over 5 floors in Mirdif, completed in 2020 by Dubai Investment Real Estate. 13 sold in the last 12 months.

Typical price per sqft
AED 1,168 Down 1.8%
Typical sale
AED 2M
Typical rent
AED 105K /yr
Typical yield
5.8%
Mirdif Hills - Nasayem Avenue 1, Mirdif: prices, sales and rents →
Value
A.502.G1-bedAED 1.54M · Jan 2024
A.503.S1-bedAED 1.32M · Nov 2022
A.504.G1-bedAED 1.38M · Dec 2023
A.505.S1-bedAED 1.3M · Jul 2022
A.506.S1-bedAED 1.4M · Feb 2023
A.507.G1-bedAED 1.45M · Feb 2024
A.508.S1-bedAED 1.19M · May 2023
1–7 of 8

A.501.S, Mirdif Hills - Nasayem Avenue 1 in numbers

  • Sold once: by Dubai Investment Real Estate on 24 May 2024 for AED 1,490,081, or AED 1,195 per sqft.
  • Rented since October 2023 on one Ejari contract, at AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2024 price is 6.0%.

Source: Dubai Land Department. Updated 24 May 2024.

Questions about A.501.S, Mirdif Hills - Nasayem Avenue 1

What did unit A.501.S last sell for?

AED 1,490,081 on 24 May 2024, sold by the developer: AED 1,195 per sqft for 1,247 sqft. It is the only registered sale of the unit.

What is the rent for unit A.501.S?

AED 90,000 a year on the contract signed on 30 October 2023.

How big is unit A.501.S?

1,247 sqft (115.9 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2020.

What is unit A.501.S worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on A.501.S, Mirdif Hills - Nasayem Avenue 1

Starts from the last sale price (AED 1.49M, 24 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,490,081
Deposit, UAE resident (20%)
AED 298,016
Deposit, non-resident (40%)
AED 596,032
Monthly over 25 years at 3.7%
AED 6,096

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