2-bed · 1,346 sqftRahaal 2, Umm Suqeim Third · 5th floor · completed 2021

502, Rahaal 2

Sold prices and rental history: sold once, by the developer in November 2019, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 15 April 2025
Last soldAED 2.36M28 November 2019
Current rentAED 220K /yr15 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Rahaal 2

What is 502 worth today?

Last sold for AED 2,361,000 in 2019

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15 Apr 2025RentedNew contract
AED 220,000/yr12 months · AED 163 per sqft
15 Apr 2025RentedNew contract
AED 220,000/yr12 months · AED 163 per sqft
15 Apr 2024RentedRenewal
AED 220,000/yr12 months · AED 164 per sqft
15 Apr 2023RentedNew contract
AED 200,000/yr12 months · AED 149 per sqft
28 Nov 2019Sold by developerOff-plan
AED 2,361,000AED 1,754 per sqft

Source: Dubai Land Department. Updated 15 April 2025.

Key facts

Type
2-bed apartment
Size
1,346 sqft
Floor
5th of 10
Parking
G-30
Developer
Jumeirah Hills Development
Completed
2021
Service charge
AED 30,900 /yr
Last sold
AED 2.36M · November 2019
Building
Rahaal 2

About 502, Rahaal 2

502 is a two-bedroom apartment of 1,346 sqft on the 5th floor of Rahaal 2, a 10-storey tower in Umm Suqeim Third completed in 2021 by Jumeirah Hills Development . The developer sold it on 28 November 2019 for AED 2,361,000, or AED 1,754 per sqft, in line with the AED 1,752 two-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, signed on 15 April 2025, is AED 220,000 a year: a gross yield of 9.3% on the 2019 price, before the service charge of about AED 30,900 a year.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical two-bed in Rahaal 2
2M4M2019202120232025Typical sale price by year: 2019 AED 2,509,000; 2020 AED 1,991,000; 2021 AED 2,531,000; 2022 AED 3,100,000; 2023 AED 4,225,000; 2024 AED 3,850,000Sold by developer, November 2019: AED 2,361,000 (AED 1,754 per sqft)

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

Rents
Unit 502, each contractTypical two-bed in Rahaal 2
200K220K202220242026Typical rent by year: 2022 AED 225,000; 2023 AED 210,000; 2024 AED 215,000; 2025 AED 220,000; 2026 AED 210,000New contract, April 2023: AED 200,000 a yearRenewal, April 2024: AED 220,000 a yearNew contract, April 2025: AED 220,000 a yearNew contract, April 2025: AED 220,000 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 2, and where 502 sits

All 37 2-beds →

502 last sold in November 2019 at AED 1,754 per sqft, in line with what two-beds in Rahaal 2 were fetching at the time (AED 1,752). Over the last 12 months two-beds sold for AED 3,125,000 to 4,600,000, around AED 2,904 per sqft, and rent for AED 170,000 to 490,000 a year. 502's AED 220,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Jan 20264,600,000
14 Nov 20253,125,000
30 Jun 20253,600,000
23 Sep 20242,999,000
2 2-bed sales in the last 12 months

Rahaal 2

Building

145 apartments, 1-bed to 4-bed over 10 floors in Umm Suqeim Third, completed in 2021 by Jumeirah Hills Development . 6 sold in the last 12 months.

Typical price per sqft
AED 2,653
Typical sale
AED 2.15M
Typical rent
AED 128K /yr
Typical yield
5.5%
Rahaal 2, Umm Suqeim Third: prices, sales and rents →

Other units on the 5th floor

All 145 units in Rahaal 2
Value
5011-bedAED 2.05M · Jul 2025
5034-bedAED 7.5M · Jun 2022
5042-bedAED 2.99M · Jun 2021
5051-bedAED 2.55M · Oct 2025
5061-bedAED 2M · Jul 2022
5071-bedAED 1.31M · Jul 2019
5081-bedAED 2.05M · Dec 2022
1–7 of 14

502, Rahaal 2 in numbers

  • Sold once: by Jumeirah Hills Development on 28 November 2019 for AED 2,361,000, or AED 1,754 per sqft.
  • Rented since April 2023 on 4 Ejari contracts, from AED 200,000 to AED 220,000 a year.
  • At AED 220,000 a year the gross yield on the 2019 price is 9.3%, before a service charge of about AED 30,900 a year (AED 22.96 per sqft).
  • Two-beds in Rahaal 2 sold for AED 3,125,000–4,600,000 in the 12 months to November 2026; the building's median across all types is AED 2,653 per sqft.

Source: Dubai Land Department. Updated 15 April 2025.

Questions about 502, Rahaal 2

What did unit 502 last sell for?

AED 2,361,000 on 28 November 2019, sold by the developer: AED 1,754 per sqft for 1,346 sqft. It is the only registered sale of the unit.

What is the rent for unit 502?

AED 220,000 a year on the contract signed on 15 April 2025. The previous contract, from April 2025, was AED 220,000; the unit has been rented since April 2023.

How big is unit 502?

1,346 sqft (125.0 sqm): a two-bedroom apartment on the 5th floor of a 10-storey tower completed in 2021.

What is unit 502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Rahaal 2 sold for AED 3,125,000 to 4,600,000 in the last 12 months, around AED 2,904 per sqft.

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Mortgage on 502, Rahaal 2

Starts from the last sale price (AED 2.36M, 28 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,361,000
Deposit, UAE resident (20%)
AED 472,200
Deposit, non-resident (40%)
AED 944,400
Monthly over 25 years at 3.7%
AED 9,660

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