1-bed · 1,240 sqftMirdif Hills - Nasayem Avenue 1, Mirdif · 5th floor · completed 2020

A.508.S, Mirdif Hills - Nasayem Avenue 1

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

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Unit A.508.S · DLD and Ejari recordsUpdated 20 August 2024

Last soldAED 1.19M25 May 2023

Current rentAED 80K /yr20 August 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for A.508.S, Mirdif Hills - Nasayem Avenue 1

Today

What is A.508.S worth today?

Last sold for AED 1,194,579 in 2023

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20 Aug 2024

20 Aug 2024RentedNew contract

AED 80,000/yr12 months · AED 65 per sqft

15 Jun 2023

15 Jun 2023RentedNew contract

AED 75,000/yr12 months · AED 61 per sqft

25 May 2023

25 May 2023Sold by developerReady

AED 1,194,579AED 963 per sqft

Source: Dubai Land Department. Updated 20 August 2024.

Key facts

Type: 1-bed apartment
Size: 1,240 sqft
Floor: 5th of 5
Parking: B-210
Developer: Dubai Investment Real Estate
Completed: 2020
Last sold: AED 1.19M · May 2023
Building: Mirdif Hills - Nasayem Avenue 1

About A.508.S, Mirdif Hills - Nasayem Avenue 1

A.508.S is a one-bedroom apartment of 1,240 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 25 May 2023 for AED 1,194,579, or AED 963 per sqft, 14% below the AED 1,118 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 20 August 2024, is AED 80,000 a year: a gross yield of 6.7% on the 2023 price.

Sales and rents for A.508.S over time

Sales

Unit A.508.S, each saleTypical one-bed in Mirdif Hills - Nasayem Avenue 1

A.508.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.508.S sits

All 9 1-beds →

Mirdif Hills - Nasayem Avenue 1 · all types1,168 /sqft

A.508.S last sold in May 2023 at AED 963 per sqft, 14% below what one-beds in Mirdif Hills - Nasayem Avenue 1 were fetching at the time (AED 1,118).

Recent 1-bed sales	Size	Price (AED)	Per sqft
24 May 202424 May 2024	1,247 sqft	1,490,081	1,195
2 Feb 20242 February 2024	1,254 sqft	1,453,496	1,158
23 Jan 202423 January 2024	1,371 sqft	1,543,391	1,125
25 Dec 202325 December 2023	1,248 sqft	1,392,665	1,115

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 →

Other units on the 5th floor

All 126 units in Mirdif Hills - Nasayem Avenue 1


A.501.S	1-bed	1,247 sqft	AED 1.49MAED 1,490,081 · May 2024May 2024	90,000 /yr
A.502.G	1-bed	1,371 sqft	AED 1.54MAED 1,543,391 · Jan 2024January 2024
A.503.S	1-bed	1,176 sqft	AED 1.32MAED 1,318,898 · Nov 2022November 2022
A.504.G	1-bed	1,178 sqft	AED 1.38MAED 1,384,400 · Dec 2023December 2023
A.505.S	1-bed	1,118 sqft	AED 1.3MAED 1,300,392 · Jul 2022July 2022
A.506.S	1-bed	1,254 sqft	AED 1.4MAED 1,399,150 · Feb 2023February 2023	75,000 /yr
A.507.G	1-bed	1,254 sqft	AED 1.45MAED 1,453,496 · Feb 2024February 2024	73,000 /yr
A.509.G	1-bed	1,248 sqft	AED 1.39MAED 1,392,665 · Dec 2023December 2023

1–7 of 8

A.508.S, Mirdif Hills - Nasayem Avenue 1 in numbers

Sold once: by Dubai Investment Real Estate on 25 May 2023 for AED 1,194,579, or AED 963 per sqft.
Rented since June 2023 on 2 Ejari contracts, from AED 75,000 to AED 80,000 a year.
At AED 80,000 a year the gross yield on the 2023 price is 6.7%.

Source: Dubai Land Department. Updated 20 August 2024.

Questions about A.508.S, Mirdif Hills - Nasayem Avenue 1

What did unit A.508.S last sell for?

AED 1,194,579 on 25 May 2023, sold by the developer: AED 963 per sqft for 1,240 sqft. It is the only registered sale of the unit.

What is the rent for unit A.508.S?

AED 80,000 a year on the contract signed on 20 August 2024. The previous contract, from June 2023, was AED 75,000.

How big is unit A.508.S?

1,240 sqft (115.2 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2020.

What is unit A.508.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.508.S, Mirdif Hills - Nasayem Avenue 1

Starts from the last sale price (AED 1.19M, 25 May 2023). Switch to today's estimate once you have unlocked it.

Price: AED 1,194,579
Deposit, UAE resident (20%): AED 238,916
Deposit, non-resident (40%): AED 477,832
Monthly over 25 years at 3.7%: AED 4,887

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