2-bed · 1,496 sqftRahaal 1, Umm Suqeim Third · 8th floor · completed 2021

803, Rahaal 1

Sold prices and rental history: sold once, by the developer in April 2020, and rented once, from November 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 803 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 2.41M14 April 2020
Current rentAED 200K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 803, Rahaal 1

What is 803 worth today?

Last sold for AED 2,408,000 in 2020

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1 Nov 2024RentedNew contract
AED 200,000/yr12 months · AED 134 per sqft
14 Apr 2020Sold by developerOff-plan
AED 2,408,000AED 1,609 per sqft

Source: Dubai Land Department. Updated 1 November 2024.

Key facts

Type
2-bed apartment
Size
1,496 sqft
Floor
8th of 9
Parking
G-205
Developer
Jumeirah Hills Development
Completed
2021
Service charge
AED 34,400 /yr
Last sold
AED 2.41M · April 2020
Building
Rahaal 1

About 803, Rahaal 1

803 is a two-bedroom apartment of 1,496 sqft on the 8th floor of Rahaal 1, a 9-storey tower in Umm Suqeim Third completed in 2021 by Jumeirah Hills Development . The developer sold it on 14 April 2020 for AED 2,408,000, or AED 1,609 per sqft, in line with the AED 1,605 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 November 2024. The current contract, signed on 1 November 2024, is AED 200,000 a year: a gross yield of 8.3% on the 2020 price, before the service charge of about AED 34,400 a year.

Sales and rents for 803 over time

Sales
Unit 803, 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, April 2020: AED 2,408,000 (AED 1,609 per sqft)

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

Rents
Unit 803, 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 212,250New contract, November 2024: AED 200,000 a year

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 803 sits

All 34 2-beds →

803 last sold in April 2020 at AED 1,609 per sqft, in line with what two-beds in Rahaal 1 were fetching at the time (AED 1,605). 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. 803's AED 200,000 is in the lower half of that range.

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 8th floor

All 103 units in Rahaal 1
Value
8011-bedAED 2.15M · Mar 2023
8023-bedAED 3.38M · Oct 2021
8041-bedAED 1.39M · Nov 2021
8052-bedAED 2.3M · Apr 2020
8061-bedAED 1.35M · Apr 2020
8074-bedAED 4.25M · Nov 2021
8084-bedAED 9.3M · Oct 2022
1–7 of 8

803, Rahaal 1 in numbers

  • Sold once: by Jumeirah Hills Development on 14 April 2020 for AED 2,408,000, or AED 1,609 per sqft.
  • Rented since November 2024 on one Ejari contract, at AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2020 price is 8.3%, before a service charge of about AED 34,400 a year (AED 22.96 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 1 November 2024.

Questions about 803, Rahaal 1

What did unit 803 last sell for?

AED 2,408,000 on 14 April 2020, sold by the developer: AED 1,609 per sqft for 1,496 sqft. It is the only registered sale of the unit.

What is the rent for unit 803?

AED 200,000 a year on the contract signed on 1 November 2024.

How big is unit 803?

1,496 sqft (139.0 sqm): a two-bedroom apartment on the 8th floor of a 9-storey tower completed in 2021.

What is unit 803 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 803, Rahaal 1

Starts from the last sale price (AED 2.41M, 14 April 2020). Switch to today's estimate once you have unlocked it.
Price
AED 2,408,000
Deposit, UAE resident (20%)
AED 481,600
Deposit, non-resident (40%)
AED 963,200
Monthly over 25 years at 3.7%
AED 9,852

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