2-bed · 1,342 sqftRahaal 1, Umm Suqeim Third · 7th floor · completed 2021

705, Rahaal 1

Sold prices and rental history: sold twice, last in April 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 2 April 2024
Last soldAED 4.36M2 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 705, Rahaal 1

What is 705 worth today?

Last sold for AED 4,358,000 in 2024

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2 Apr 2024SoldReady
AED 4,358,000AED 3,248 per sqft
19 Aug 2019Sold by developerOff-plan
AED 2,288,000AED 1,705 per sqft

Source: Dubai Land Department. Updated 2 April 2024.

Key facts

Type
2-bed apartment
Size
1,342 sqft
Floor
7th of 9
Parking
G-204
Developer
Jumeirah Hills Development
Completed
2021
Service charge
AED 30,800 /yr
Last sold
AED 4.36M · April 2024
Building
Rahaal 1

About 705, Rahaal 1

705 is a two-bedroom apartment of 1,342 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 2 April 2024 for AED 4,358,000, or AED 3,248 per sqft, 35% above the AED 2,411 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 705 over time

Sales
Unit 705, 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, August 2019: AED 2,288,000 (AED 1,705 per sqft)Sold, April 2024: AED 4,358,000 (AED 3,248 per sqft)

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

Rents
Unit 705, 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 705 sits

All 34 2-beds →

705 last sold in April 2024 at AED 3,248 per sqft, 35% above 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.

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
7032-bedAED 4.5M · Oct 2023
7041-bedAED 2.23M · Nov 2025
7061-bedAED 2M · Oct 2022
7071-bedAED 1.33M · Apr 2019
7081-bedAED 2.45M · Feb 2023
1–7 of 12

705, Rahaal 1 in numbers

  • Sold twice: first on 19 August 2019 for AED 2,288,000, last on 2 April 2024 for AED 4,358,000 (AED 3,248 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 2 April 2024.

Questions about 705, Rahaal 1

What did unit 705 last sell for?

AED 4,358,000 on 2 April 2024: AED 3,248 per sqft for 1,342 sqft. The unit has 2 registered sales; the first was AED 2,288,000 in August 2019.

How big is unit 705?

1,342 sqft (124.7 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower completed in 2021.

What is unit 705 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 705, Rahaal 1

Starts from the last sale price (AED 4.36M, 2 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,358,000
Deposit, UAE resident (20%)
AED 871,600
Deposit, non-resident (40%)
AED 1,743,200
Monthly over 25 years at 3.7%
AED 17,830

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