509, Rahaal 1
Sold prices and rental history: sold 3 times, last in November 2023, and rented once, from September 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 509, Rahaal 1
What is 509 worth today?
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Source: Dubai Land Department. Updated 29 September 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 815 sqft
- Floor
- 5th of 9
- Parking
- L1-55
- Developer
- Jumeirah Hills Development
- Completed
- 2021
- Service charge
- AED 18,700 /yr
- Last sold
- AED 2.4M · November 2023
- Building
- Rahaal 1
About 509, Rahaal 1
509 is a one-bedroom apartment of 815 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 20 November 2023 for AED 2,400,000, or AED 2,946 per sqft, 20% above the AED 2,463 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 29 September 2024. The current contract, signed on 29 September 2024, is AED 150,000 a year: a gross yield of 6.3% on the 2023 price, before the service charge of about AED 18,700 a year.
Sales and rents for 509 over time
509 has sold 3 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Rahaal 1, and where 509 sits
All 54 1-beds →509 last sold in November 2023 at AED 2,946 per sqft, 20% above what one-beds in Rahaal 1 were fetching at the time (AED 2,463). Over the last 12 months one-beds sold for AED 2,225,000 to 2,230,000, around AED 2,634 per sqft, and rent for AED 95,000 to 160,000 a year. 509's AED 150,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Oct 202615 October 2026 | 852 sqft | 2,230,000 | 2,616 | ||
| 27 Jul 202627 July 2026 | 805 sqft | 44,561 | 55 | ||
| 6 Jan 20266 January 2026 | 805 sqft | 34,318 | 42 | ||
| 18 Nov 202518 November 2025 | 839 sqft | 2,225,000 | 2,652 |
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 | ||
| 503 | 2-bed | 1,493 sqft | AED 3.6MAED 3,600,000 · Sep 2023September 2023 | 190,000 /yr | |
| 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 | |
| 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 |
509, Rahaal 1 in numbers
- Sold 3 times: first on 1 September 2021 for AED 1,320,000, last on 20 November 2023 for AED 2,400,000 (AED 2,946 per sqft).
- Rented since September 2024 on one Ejari contract, at AED 150,000 a year.
- At AED 150,000 a year the gross yield on the 2023 price is 6.3%, before a service charge of about AED 18,700 a year (AED 22.96 per sqft).
- One-beds in Rahaal 1 sold for AED 2,225,000–2,230,000 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 29 September 2024.
Questions about 509, Rahaal 1
What did unit 509 last sell for?
AED 2,400,000 on 20 November 2023: AED 2,946 per sqft for 815 sqft. The unit has 3 registered sales; the first was AED 1,320,000 in September 2021.
What is the rent for unit 509?
AED 150,000 a year on the contract signed on 29 September 2024.
How big is unit 509?
815 sqft (75.7 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2021.
What is unit 509 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Rahaal 1 sold for AED 2,225,000 to 2,230,000 in the last 12 months, around AED 2,634 per sqft.
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Mortgage on 509, Rahaal 1
Starts from the last sale price (AED 2.4M, 20 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,400,000
- Deposit, UAE resident (20%)
- AED 480,000
- Deposit, non-resident (40%)
- AED 960,000
- Monthly over 25 years at 3.7%
- AED 9,819
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →