503, Rahaal 1
Sold prices and rental history: sold twice, last in September 2023, and rented once, from January 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 503, Rahaal 1
What is 503 worth today?
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Source: Dubai Land Department. Updated 6 September 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,493 sqft
- Floor
- 5th of 9
- Parking
- G-197
- Developer
- Jumeirah Hills Development
- Completed
- 2021
- Service charge
- AED 34,300 /yr
- Last sold
- AED 3.6M · September 2023
- Building
- Rahaal 1
About 503, Rahaal 1
503 is a two-bedroom apartment of 1,493 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 6 September 2023 for AED 3,600,000, or AED 2,411 per sqft, in line with the AED 2,411 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 20 January 2023. The current contract, signed on 20 January 2023, is AED 190,000 a year: a gross yield of 5.3% on the 2023 price, before the service charge of about AED 34,300 a year.
Sales and rents for 503 over time
503 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 Rahaal 1, and where 503 sits
All 34 2-beds →503 last sold in September 2023 at AED 2,411 per sqft, in line with what two-beds in Rahaal 1 were fetching at the time (AED 2,411). 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. 503's AED 190,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Feb 202617 February 2026 | 1,609 sqft | 4,250,000 | 2,641 | ||
| 5 Nov 20255 November 2025 | 1,343 sqft | 4,000,000 | 2,977 | ||
| 22 Aug 202522 August 2025 | 1,619 sqft | 3,800,000 | 2,346 | ||
| 5 Mar 20255 March 2025 | 1,506 sqft | 4,150,000 | 2,756 |
Rahaal 1
Building103 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%
Other units on the 5th floor
All 103 units in Rahaal 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 560 sqft | AED 1.6MAED 1,600,000 · Jan 2022January 2022 | 100,000 /yr | |
| 502 | 3-bed | 1,980 sqft | AED 6.8MAED 6,800,000 · Sep 2022September 2022 | ||
| 504 | 1-bed | 833 sqft | AED 1.37MAED 1,373,000 · Apr 2020April 2020 | 120,000 /yr | |
| 505 | 2-bed | 1,343 sqft | AED 2.27MAED 2,268,000 · Aug 2021August 2021 | 215,000 /yr | |
| 506 | 1-bed | 829 sqft | AED 1.33MAED 1,332,000 · Aug 2021August 2021 | 140,000 /yr | |
| 507 | 1-bed | 806 sqft | AED 1.32MAED 1,320,000 · Dec 2019December 2019 | ||
| 508 | 1-bed | 838 sqft | AED 2MAED 2,000,000 · Jun 2022June 2022 | 115,000 /yr | |
| 509 | 1-bed | 815 sqft | AED 2.4MAED 2,400,000 · Nov 2023November 2023 | 150,000 /yr | |
| 510 | 2-bed | 1,339 sqft | AED 2.18MAED 2,180,000 · Nov 2019November 2019 | 270,000 /yr | |
| 511 | 2-bed | 1,609 sqft | AED 2.62MAED 2,623,000 · Aug 2021August 2021 | ||
| 512 | 3-bed | 1,993 sqft | AED 6.95MAED 6,950,000 · Oct 2026October 2026 | ||
| 513 | 1-bed | 833 sqft | AED 1.47MAED 1,470,000 · Nov 2019November 2019 | 115,000 /yr | |
| 514 | 1-bed | 805 sqft | AED 1.73MAED 1,734,000 · Apr 2022April 2022 |
503, Rahaal 1 in numbers
- Sold twice: first on 15 April 2020 for AED 2,378,000, last on 6 September 2023 for AED 3,600,000 (AED 2,411 per sqft).
- Rented since January 2023 on one Ejari contract, at AED 190,000 a year.
- At AED 190,000 a year the gross yield on the 2023 price is 5.3%, before a service charge of about AED 34,300 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 6 September 2023.
Questions about 503, Rahaal 1
What did unit 503 last sell for?
AED 3,600,000 on 6 September 2023: AED 2,411 per sqft for 1,493 sqft. The unit has 2 registered sales; the first was AED 2,378,000 in April 2020.
What is the rent for unit 503?
AED 190,000 a year on the contract signed on 20 January 2023.
How big is unit 503?
1,493 sqft (138.7 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower completed in 2021.
What is unit 503 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.
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Mortgage on 503, Rahaal 1
Starts from the last sale price (AED 3.6M, 6 September 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 3,600,000
- Deposit, UAE resident (20%)
- AED 720,000
- Deposit, non-resident (40%)
- AED 1,440,000
- Monthly over 25 years at 3.7%
- AED 14,729
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →