3-bed · 1,980 sqftRahaal 1, Umm Suqeim Third · 5th floor · completed 2021

502, Rahaal 1

Sold prices and rental history: sold 3 times, last in September 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 26 September 2022
Last soldAED 6.8M26 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Rahaal 1

What is 502 worth today?

Last sold for AED 6,800,000 in 2022

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26 Sep 2022SoldReady
AED 6,800,000AED 3,433 per sqft
8 Jun 2022SoldReady
AED 4,650,000AED 2,348 per sqft
25 Apr 2019Sold by developerOff-plan
AED 3,336,000AED 1,684 per sqft

Source: Dubai Land Department. Updated 26 September 2022.

Key facts

Type
3-bed apartment
Size
1,980 sqft
Floor
5th of 9
Parking
G-153, G-154
Developer
Jumeirah Hills Development
Completed
2021
Service charge
AED 45,500 /yr
Last sold
AED 6.8M · September 2022
Building
Rahaal 1

About 502, Rahaal 1

502 is a three-bedroom apartment of 1,980 sqft on the 5th floor of Rahaal 1, a 9-storey tower in Umm Suqeim Third completed in 2021 by Jumeirah Hills Development . It last sold on 26 September 2022 for AED 6,800,000, or AED 3,433 per sqft, 46% above the AED 2,348 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical three-bed in Rahaal 1
4M6M201920212023Typical sale price by year: 2019 AED 3,329,500; 2021 AED 3,375,000; 2022 AED 5,200,000Sold by developer, April 2019: AED 3,336,000 (AED 1,684 per sqft)Sold, June 2022: AED 4,650,000 (AED 2,348 per sqft)Sold, September 2022: AED 6,800,000 (AED 3,433 per sqft)

502 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 502, each contractTypical three-bed in Rahaal 1
320K340K202420252026Typical rent by year: 2024 AED 350,000; 2025 AED 320,000

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

3-beds in Rahaal 1, and where 502 sits

All 10 3-beds →

502 last sold in September 2022 at AED 3,433 per sqft, 46% above what three-beds in Rahaal 1 were fetching at the time (AED 2,348). Over the last 12 months three-beds sold for AED 6,150,000 to 6,950,000, around AED 3,296 per sqft, and rent for AED 250,000 to 315,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
27 Oct 20266,950,000
25 Feb 20266,150,000
7 Mar 20237,300,000
30 Jun 20226,300,000
2 3-bed sales 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 5th floor

All 103 units in Rahaal 1
Value
5011-bedAED 1.6M · Jan 2022
5032-bedAED 3.6M · Sep 2023
5041-bedAED 1.37M · Apr 2020
5052-bedAED 2.27M · Aug 2021
5061-bedAED 1.33M · Aug 2021
5071-bedAED 1.32M · Dec 2019
5081-bedAED 2M · Jun 2022
1–7 of 13

502, Rahaal 1 in numbers

  • Sold 3 times: first on 25 April 2019 for AED 3,336,000, last on 26 September 2022 for AED 6,800,000 (AED 3,433 per sqft).
  • Three-beds in Rahaal 1 sold for AED 6,150,000–6,950,000 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 26 September 2022.

Questions about 502, Rahaal 1

What did unit 502 last sell for?

AED 6,800,000 on 26 September 2022: AED 3,433 per sqft for 1,980 sqft. The unit has 3 registered sales; the first was AED 3,336,000 in April 2019.

How big is unit 502?

1,980 sqft (183.9 sqm): a three-bedroom apartment on the 5th floor of a 9-storey tower completed in 2021.

What is unit 502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Rahaal 1 sold for AED 6,150,000 to 6,950,000 in the last 12 months, around AED 3,296 per sqft.

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Mortgage on 502, Rahaal 1

Starts from the last sale price (AED 6.8M, 26 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 6,800,000
Deposit, UAE resident (20%)
AED 1,360,000
Deposit, non-resident (40%)
AED 2,720,000
Monthly over 25 years at 3.7%
AED 27,821

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