A516, Rukan Tower 1
Sold prices and rental history: sold twice, last in March 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for A516, Rukan Tower 1
What is A516 worth today?
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Source: Dubai Land Department. Updated 25 March 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 857 sqft
- Parking
- 1
- Developer
- Continental Investments LMD
- Completed
- 2023
- Last sold
- AED 770K · March 2024
- Building
- Rukan Tower 1
About A516, Rukan Tower 1
A516 is a two-bedroom apartment of 857 sqft of Rukan Tower 1, a 8-storey tower in Rukan completed in 2023 by Continental Investments LMD. It last sold on 25 March 2024 for AED 770,000, or AED 898 per sqft, 16% above the AED 772 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for A516 over time
A516 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Rukan Tower 1, and where A516 sits
All 31 2-beds →A516 last sold in March 2024 at AED 898 per sqft, 16% above what two-beds in Rukan Tower 1 were fetching at the time (AED 772). Over the last 12 months two-beds sold for AED 848,000 to 1,000,000, around AED 971 per sqft, and rent for AED 65,000 to 95,000 a year.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 May 202614 May 2026 | 873 sqft | 848,000 | 971 | ||
| 9 Mar 20269 March 2026 | 883 sqft | 850,000 | 962 | ||
| 26 Dec 202526 December 2025 | 933 sqft | 1,000,000 | 1,071 | ||
| 3 Sep 20253 September 2025 | 757 sqft | 922,000 | 1,217 |
Rukan Tower 1
Building52 apartments, studios to 3-bed over 8 floors in Rukan, completed in 2023 by Continental Investments LMD. 23 sold in the last 12 months.
- Typical price per sqft
- AED 1,097 Up 5.9%
- Typical sale
- AED 580K
- Typical rent
- AED 48K /yr
- Typical yield
- 8.5%
A516, Rukan Tower 1 in numbers
- Sold twice: first on 17 November 2022 for AED 408,510, last on 25 March 2024 for AED 770,000 (AED 898 per sqft).
- Two-beds in Rukan Tower 1 sold for AED 848,000–1,000,000 in the 12 months to November 2026; the building's median across all types is AED 1,097 per sqft.
Source: Dubai Land Department. Updated 25 March 2024.
Questions about A516, Rukan Tower 1
What did unit A516 last sell for?
AED 770,000 on 25 March 2024: AED 898 per sqft for 857 sqft. The unit has 2 registered sales; the first was AED 408,510 in November 2022.
How big is unit A516?
857 sqft (79.6 sqm): a two-bedroom apartment of a 8-storey tower completed in 2023.
What is unit A516 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Rukan Tower 1 sold for AED 848,000 to 1,000,000 in the last 12 months, around AED 971 per sqft.
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Mortgage on A516, Rukan Tower 1
Starts from the last sale price (AED 770K, 25 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 770,000
- Deposit, UAE resident (20%)
- AED 154,000
- Deposit, non-resident (40%)
- AED 308,000
- Monthly over 25 years at 3.7%
- AED 3,150
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →