2-bed · 1,609 sqftRahaal 1, Umm Suqeim Third · 5th floor · completed 2021

511, Rahaal 1

Sold prices and rental history: sold once, by the developer in August 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 511 · DLD and Ejari recordsUpdated 11 August 2021
Last soldAED 2.62M11 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 511, Rahaal 1

What is 511 worth today?

Last sold for AED 2,623,000 in 2021

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11 Aug 2021Sold by developerOff-plan
AED 2,623,000AED 1,629 per sqft

Source: Dubai Land Department. Updated 11 August 2021.

Key facts

Type
2-bed apartment
Size
1,609 sqft
Floor
5th of 9
Parking
G-200
Developer
Jumeirah Hills Development
Completed
2021
Service charge
AED 37,000 /yr
Last sold
AED 2.62M · August 2021
Building
Rahaal 1

About 511, Rahaal 1

511 is a two-bedroom apartment of 1,609 sqft on the 5th floor of Rahaal 1, a 9-storey tower in Umm Suqeim Third completed in 2021 by Jumeirah Hills Development . The developer sold it on 11 August 2021 for AED 2,623,000, or AED 1,629 per sqft, 4% above the AED 1,561 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 511 over time

Sales
Unit 511, 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, August 2021: AED 2,623,000 (AED 1,629 per sqft)

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

Rents
Unit 511, each contractTypical two-bed in Rahaal 1
200K220K240K202220242026Typical rent by year: 2022 AED 197,500; 2023 AED 236,500; 2024 AED 227,500; 2025 AED 235,000; 2026 AED 212,250

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 511 sits

All 34 2-beds →

511 last sold in August 2021 at AED 1,629 per sqft, 4% above what two-beds in Rahaal 1 were fetching at the time (AED 1,561). 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.

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 5th floor

All 103 units in Rahaal 1
Value
5011-bedAED 1.6M · Jan 2022
5023-bedAED 6.8M · Sep 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
1–7 of 13

511, Rahaal 1 in numbers

  • Sold once: by Jumeirah Hills Development on 11 August 2021 for AED 2,623,000, or AED 1,629 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 11 August 2021.

Questions about 511, Rahaal 1

What did unit 511 last sell for?

AED 2,623,000 on 11 August 2021, sold by the developer: AED 1,629 per sqft for 1,609 sqft. It is the only registered sale of the unit.

How big is unit 511?

1,609 sqft (149.5 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower completed in 2021.

What is unit 511 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 511, Rahaal 1

Starts from the last sale price (AED 2.62M, 11 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,623,000
Deposit, UAE resident (20%)
AED 524,600
Deposit, non-resident (40%)
AED 1,049,200
Monthly over 25 years at 3.7%
AED 10,732

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