3-bed · 1,968 sqftRahaal 1, Umm Suqeim Third · 7th floor · completed 2021

702, Rahaal 1

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

Unit 702 · DLD and Ejari recordsUpdated 30 June 2022
Last soldAED 6.3M30 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Rahaal 1

What is 702 worth today?

Last sold for AED 6,300,000 in 2022

Unlock today's estimate, updated daily, with

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

30 Jun 2022SoldReady
AED 6,300,000AED 3,200 per sqft
20 Apr 2022SoldReady
AED 3,780,000AED 1,920 per sqft
26 Nov 2019Sold by developerOff-plan
AED 3,362,000AED 1,708 per sqft

Source: Dubai Land Department. Updated 30 June 2022.

Key facts

Type
3-bed apartment
Size
1,968 sqft
Floor
7th of 9
Parking
G-149, G-150
Developer
Jumeirah Hills Development
Completed
2021
Service charge
AED 45,200 /yr
Last sold
AED 6.3M · June 2022
Building
Rahaal 1

About 702, Rahaal 1

702 is a three-bedroom apartment of 1,968 sqft on the 7th floor of Rahaal 1, a 9-storey tower in Umm Suqeim Third completed in 2021 by Jumeirah Hills Development . It last sold on 30 June 2022 for AED 6,300,000, or AED 3,200 per sqft, 67% above the AED 1,920 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 702 over time

Sales
Unit 702, each saleTypical three-bed in Rahaal 1
4M6M20192020202120222023Typical sale price by year: 2019 AED 3,329,500; 2021 AED 3,375,000; 2022 AED 5,200,000Sold by developer, November 2019: AED 3,362,000 (AED 1,708 per sqft)Sold, April 2022: AED 3,780,000 (AED 1,920 per sqft)Sold, June 2022: AED 6,300,000 (AED 3,200 per sqft)

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

Rents
Unit 702, 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 702 sits

All 10 3-beds →

702 last sold in June 2022 at AED 3,200 per sqft, 67% above what three-beds in Rahaal 1 were fetching at the time (AED 1,920). 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
26 Sep 20226,800,000
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 7th floor

All 103 units in Rahaal 1
Value
7011-bedAED 1.46M · Apr 2020
7032-bedAED 4.5M · Oct 2023
7041-bedAED 2.23M · Nov 2025
7052-bedAED 4.36M · Apr 2024
7061-bedAED 2M · Oct 2022
7071-bedAED 1.33M · Apr 2019
7081-bedAED 2.45M · Feb 2023
1–7 of 12

702, Rahaal 1 in numbers

  • Sold 3 times: first on 26 November 2019 for AED 3,362,000, last on 30 June 2022 for AED 6,300,000 (AED 3,200 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 30 June 2022.

Questions about 702, Rahaal 1

What did unit 702 last sell for?

AED 6,300,000 on 30 June 2022: AED 3,200 per sqft for 1,968 sqft. The unit has 3 registered sales; the first was AED 3,362,000 in November 2019.

How big is unit 702?

1,968 sqft (182.8 sqm): a three-bedroom apartment on the 7th floor of a 9-storey tower completed in 2021.

What is unit 702 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.

Selling 702? 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 702, Rahaal 1

Starts from the last sale price (AED 6.3M, 30 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 6,300,000
Deposit, UAE resident (20%)
AED 1,260,000
Deposit, non-resident (40%)
AED 2,520,000
Monthly over 25 years at 3.7%
AED 25,775

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