1-bed · 960 sqftMadinat Badr - Qamar 8, Muhaisanah First · 5th floor

511, Madinat Badr - Qamar 8

Sold prices and rental history: sold once, by the developer in January 2023, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 511 · DLD and Ejari recordsUpdated 30 August 2024
Last soldAED 1.21M23 January 2023
Current rentAED 85K /yr30 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 511, Madinat Badr - Qamar 8

What is 511 worth today?

Last sold for AED 1,206,178 in 2023

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30 Aug 2024RentedNew contract
AED 85,000/yr12 months · AED 89 per sqft
10 Nov 2023RentedNew contract
AED 80,000/yr12 months · AED 84 per sqft
23 Jan 2023Sold by developerReady
AED 1,206,178AED 1,256 per sqft
5 Jan 2022RentedRenewal
AED 57,750/yr12 months · AED 60 per sqft
5 Jan 2021RentedNew contract
AED 55,000/yr12 months · AED 57 per sqft

Source: Dubai Land Department. Updated 30 August 2024.

Key facts

Type
1-bed apartment
Size
960 sqft
Floor
5th of 7
Parking
B-872
Last sold
AED 1.21M · January 2023

About 511, Madinat Badr - Qamar 8

511 is a one-bedroom apartment of 960 sqft on the 5th floor of Madinat Badr - Qamar 8, a 7-storey tower in Muhaisanah First. The developer sold it on 23 January 2023 for AED 1,206,178, or AED 1,256 per sqft, 4% below the AED 1,304 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 30 August 2024, is AED 85,000 a year: a gross yield of 7.0% on the 2023 price.

Sales and rents for 511 over time

Sales
Unit 511, each saleTypical one-bed in Madinat Badr - Qamar 8
1.21M202220232024Typical sale price by year: 2022 AED 1,217,888; 2023 AED 1,206,178Sold by developer, January 2023: AED 1,206,178 (AED 1,256 per sqft)

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

Rents
Unit 511, each contractTypical one-bed in Madinat Badr - Qamar 8
60K80K2020202220242026Typical rent by year: 2020 AED 52,250; 2021 AED 52,500; 2022 AED 55,000; 2023 AED 61,914; 2024 AED 75,000; 2025 AED 80,000; 2026 AED 75,000New contract, January 2021: AED 55,000 a yearRenewal, January 2022: AED 57,750 a yearNew contract, November 2023: AED 80,000 a yearNew contract, August 2024: AED 85,000 a year

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

1-beds in Madinat Badr - Qamar 8, and where 511 sits

All 36 1-beds →

511 last sold in January 2023 at AED 1,256 per sqft, 4% below what one-beds in Madinat Badr - Qamar 8 were fetching at the time (AED 1,304). Over the last 12 months one-beds sold for AED 1,000,000, around AED 1,020 per sqft, and rent for AED 63,000 to 95,000 a year. 511's AED 85,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
14 Jul 20261,000,000
25 Sep 20251,180,000
6 May 20251,175,000
6 Aug 20241,489,533
1 1-bed sale in the last 12 months

Madinat Badr - Qamar 8

Building

108 apartments, 1-bed to 2-bed over 7 floors in Muhaisanah First. 5 sold in the last 12 months.

Typical price per sqft
AED 1,354
Typical sale
AED 2M
Typical rent
AED 105K /yr
Typical yield
5.7%
Madinat Badr - Qamar 8, Muhaisanah First: prices, sales and rents →

Other units on the 5th floor

All 108 units in Madinat Badr - Qamar 8
Value
5012-bedAED 1.76M · Dec 2022
5022-bedAED 1.82M · Dec 2022
5031-bedAED 1.19M · Nov 2022
5042-bedAED 1.76M · Nov 2022
5052-bedAED 1.75M · Nov 2022
5062-bedAED 1.75M · Jan 2023
5072-bedAED 1.8M · Nov 2022
1–7 of 14

511, Madinat Badr - Qamar 8 in numbers

  • Sold once: by the developer on 23 January 2023 for AED 1,206,178, or AED 1,256 per sqft.
  • Rented since January 2021 on 4 Ejari contracts, from AED 55,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2023 price is 7.0%.
  • One-beds in Madinat Badr - Qamar 8 sold for AED 1,000,000–1,000,000 in the 12 months to November 2026; the building's median across all types is AED 1,354 per sqft.

Source: Dubai Land Department. Updated 30 August 2024.

Questions about 511, Madinat Badr - Qamar 8

What did unit 511 last sell for?

AED 1,206,178 on 23 January 2023, sold by the developer: AED 1,256 per sqft for 960 sqft. It is the only registered sale of the unit.

What is the rent for unit 511?

AED 85,000 a year on the contract signed on 30 August 2024. The previous contract, from November 2023, was AED 80,000; the unit has been rented since January 2021.

How big is unit 511?

960 sqft (89.2 sqm): a one-bedroom apartment on the 5th floor of a 7-storey tower.

What is unit 511 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Madinat Badr - Qamar 8 sold for AED 1,000,000 to 1,000,000 in the last 12 months, around AED 1,020 per sqft.

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Mortgage on 511, Madinat Badr - Qamar 8

Starts from the last sale price (AED 1.21M, 23 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,206,178
Deposit, UAE resident (20%)
AED 241,236
Deposit, non-resident (40%)
AED 482,471
Monthly over 25 years at 3.7%
AED 4,935

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