2-bed · 1,494 sqftRahaal 1, Umm Suqeim Third · 7th floor · completed 2021

703, Rahaal 1

Sold prices and rental history: sold 3 times, last in October 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 10 October 2023
Last soldAED 4.5M10 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Rahaal 1

What is 703 worth today?

Last sold for AED 4,500,000 in 2023

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10 Oct 2023SoldReady
AED 4,500,000AED 3,012 per sqft
26 Jan 2023SoldReady
AED 2,975,000AED 1,991 per sqft
27 Nov 2019Sold by developerOff-plan
AED 2,398,000AED 1,605 per sqft

Source: Dubai Land Department. Updated 10 October 2023.

Key facts

Type
2-bed apartment
Size
1,494 sqft
Floor
7th of 9
Parking
G-203
Developer
Jumeirah Hills Development
Completed
2021
Service charge
AED 34,300 /yr
Last sold
AED 4.5M · October 2023
Building
Rahaal 1

About 703, Rahaal 1

703 is a two-bedroom apartment of 1,494 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 10 October 2023 for AED 4,500,000, or AED 3,012 per sqft, 20% above the AED 2,503 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 703 over time

Sales
Unit 703, each saleTypical two-bed in Rahaal 1
2M3M4M2019202120232025Typical 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, November 2019: AED 2,398,000 (AED 1,605 per sqft)Sold, January 2023: AED 2,975,000 (AED 1,991 per sqft)Sold, October 2023: AED 4,500,000 (AED 3,012 per sqft)

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

Rents
Unit 703, 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 703 sits

All 34 2-beds →

703 last sold in October 2023 at AED 3,012 per sqft, 20% above what two-beds in Rahaal 1 were fetching at the time (AED 2,503). 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 7th floor

All 103 units in Rahaal 1
Value
7011-bedAED 1.46M · Apr 2020
7023-bedAED 6.3M · Jun 2022
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

703, Rahaal 1 in numbers

  • Sold 3 times: first on 27 November 2019 for AED 2,398,000, last on 10 October 2023 for AED 4,500,000 (AED 3,012 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 10 October 2023.

Questions about 703, Rahaal 1

What did unit 703 last sell for?

AED 4,500,000 on 10 October 2023: AED 3,012 per sqft for 1,494 sqft. The unit has 3 registered sales; the first was AED 2,398,000 in November 2019.

How big is unit 703?

1,494 sqft (138.8 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower completed in 2021.

What is unit 703 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 703, Rahaal 1

Starts from the last sale price (AED 4.5M, 10 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,500,000
Deposit, UAE resident (20%)
AED 900,000
Deposit, non-resident (40%)
AED 1,800,000
Monthly over 25 years at 3.7%
AED 18,411

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