2-bed · 1,487 sqftRahaal 1, Umm Suqeim Third · 3rd floor · completed 2021

303, Rahaal 1

Sold prices and rental history: sold twice, last in January 2022, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 20 July 2024
Last soldAED 2.34M24 January 2022
Current rentAED 237K /yr20 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, Rahaal 1

What is 303 worth today?

Last sold for AED 2,340,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

20 Jul 2024RentedNew contract
AED 237,000/yr36 months · AED 160 per sqft
20 Jul 2024RentedNew contract
AED 220,000/yr12 months · AED 148 per sqft
1 Sep 2023RentedNew contract
AED 200,000/yr12 months · AED 135 per sqft
22 Apr 2022RentedNew contract
AED 150,000/yr12 months · AED 101 per sqft
24 Jan 2022SoldOff-plan
AED 2,340,000AED 1,574 per sqft
14 Jan 2020Sold by developerOff-plan
AED 2,358,000AED 1,586 per sqft

Source: Dubai Land Department. Updated 20 July 2024.

Key facts

Type
2-bed apartment
Size
1,487 sqft
Floor
3rd of 9
Parking
G-187
Developer
Jumeirah Hills Development
Completed
2021
Service charge
AED 34,100 /yr
Last sold
AED 2.34M · January 2022
Building
Rahaal 1

About 303, Rahaal 1

303 is a two-bedroom apartment of 1,487 sqft on the 3rd floor of Rahaal 1, a 9-storey tower in Umm Suqeim Third completed in 2021 by Jumeirah Hills Development . It last sold on 24 January 2022 for AED 2,340,000, or AED 1,574 per sqft, in line with the AED 1,541 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 20 July 2024, is AED 237,000 a year: a gross yield of 10.1% on the 2022 price, before the service charge of about AED 34,100 a year.

Sales and rents for 303 over time

Sales
Unit 303, each saleTypical two-bed in Rahaal 1
3M4M2019202120232025Typical sale price by year: 2019 AED 2,316,000; 2020 AED 2,308,000; 2021 AED 2,326,000; 2022 AED 3,800,000; 2023 AED 3,575,000; 2025 AED 4,000,000Sold by developer, January 2020: AED 2,358,000 (AED 1,586 per sqft)Sold, January 2022: AED 2,340,000 (AED 1,574 per sqft)

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

Rents
Unit 303, each contractTypical two-bed in Rahaal 1
150K200K250K202220242026Typical rent by year: 2022 AED 197,500; 2023 AED 236,500; 2024 AED 227,500; 2025 AED 235,000; 2026 AED 212,250New contract, April 2022: AED 150,000 a yearNew contract, September 2023: AED 200,000 a yearNew contract, July 2024: AED 237,000 a yearNew contract, July 2024: AED 220,000 a year

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

2-beds in Rahaal 1, and where 303 sits

All 34 2-beds →

303 last sold in January 2022 at AED 1,574 per sqft, in line with what two-beds in Rahaal 1 were fetching at the time (AED 1,541). Over the last 12 months two-beds sold for AED 4,250,000, around AED 2,641 per sqft, and rent for AED 160,000 to 380,000 a year. 303's AED 237,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
17 Feb 20264,250,000
5 Nov 20254,000,000
22 Aug 20253,800,000
5 Mar 20254,150,000
1 2-bed sale in the last 12 months

Rahaal 1

Building

103 apartments, 1-bed to 4-bed over 9 floors in Umm Suqeim Third, completed in 2021 by Jumeirah Hills Development . 8 sold in the last 12 months.

Typical price per sqft
AED 2,879
Typical sale
AED 5.2M
Typical rent
AED 138K /yr
Typical yield
5.0%
Rahaal 1, Umm Suqeim Third: prices, sales and rents →

Other units on the 3rd floor

All 103 units in Rahaal 1
Value
3012-bedAED 2.25M · Nov 2019
3022-bedAED 4.38M · Sep 2022
3041-bedAED 2M · Nov 2023
3052-bedAED 4.28M · Nov 2023
3061-bedAED 1.32M · Nov 2019
3071-bedAED 1.31M · Apr 2020
3081-bedAED 1.32M · Aug 2021
1–7 of 13

303, Rahaal 1 in numbers

  • Sold twice: first on 14 January 2020 for AED 2,358,000, last on 24 January 2022 for AED 2,340,000 (AED 1,574 per sqft).
  • Rented since April 2022 on 4 Ejari contracts, from AED 150,000 to AED 237,000 a year.
  • At AED 237,000 a year the gross yield on the 2022 price is 10.1%, before a service charge of about AED 34,100 a year (AED 22.96 per sqft).
  • Two-beds in Rahaal 1 sold for AED 4,250,000–4,250,000 in the 12 months to November 2026; the building's median across all types is AED 2,879 per sqft.

Source: Dubai Land Department. Updated 20 July 2024.

Questions about 303, Rahaal 1

What did unit 303 last sell for?

AED 2,340,000 on 24 January 2022: AED 1,574 per sqft for 1,487 sqft. The unit has 2 registered sales; the first was AED 2,358,000 in January 2020.

What is the rent for unit 303?

AED 237,000 a year on the contract signed on 20 July 2024. The previous contract, from July 2024, was AED 220,000; the unit has been rented since April 2022.

How big is unit 303?

1,487 sqft (138.1 sqm): a two-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2021.

What is unit 303 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Rahaal 1 sold for AED 4,250,000 to 4,250,000 in the last 12 months, around AED 2,641 per sqft.

Selling 303? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 303, Rahaal 1

Starts from the last sale price (AED 2.34M, 24 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,340,000
Deposit, UAE resident (20%)
AED 468,000
Deposit, non-resident (40%)
AED 936,000
Monthly over 25 years at 3.7%
AED 9,574

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