2-bed · 1,164 sqftRahaal 2, Umm Suqeim Third · 7th floor · completed 2021

712, Rahaal 2

Sold prices and rental history: sold 3 times, last in March 2023, and rented once, from November 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 712 · DLD and Ejari recordsUpdated 13 November 2023
Last soldAED 3.6M24 March 2023
Current rentAED 198K /yr13 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 712, Rahaal 2

What is 712 worth today?

Last sold for AED 3,600,000 in 2023

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13 Nov 2023RentedNew contract
AED 197,727/yr3 months · AED 170 per sqft
24 Mar 2023SoldReady
AED 3,600,000AED 3,091 per sqft
3 Nov 2022SoldReady
AED 2,625,000AED 2,254 per sqft
7 Apr 2020Sold by developerOff-plan
AED 1,961,000AED 1,684 per sqft

Source: Dubai Land Department. Updated 13 November 2023.

Key facts

Type
2-bed apartment
Size
1,164 sqft
Floor
7th of 10
Parking
L1-142
Developer
Jumeirah Hills Development
Completed
2021
Service charge
AED 26,700 /yr
Last sold
AED 3.6M · March 2023
Building
Rahaal 2

About 712, Rahaal 2

712 is a two-bedroom apartment of 1,164 sqft on the 7th floor of Rahaal 2, a 10-storey tower in Umm Suqeim Third completed in 2021 by Jumeirah Hills Development . It last sold on 24 March 2023 for AED 3,600,000, or AED 3,091 per sqft, 36% above the AED 2,277 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 13 November 2023. The current contract, signed on 13 November 2023, is AED 197,727 a year: a gross yield of 5.5% on the 2023 price, before the service charge of about AED 26,700 a year.

Sales and rents for 712 over time

Sales
Unit 712, 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, April 2020: AED 1,961,000 (AED 1,684 per sqft)Sold, November 2022: AED 2,625,000 (AED 2,254 per sqft)Sold, March 2023: AED 3,600,000 (AED 3,091 per sqft)

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

Rents
Unit 712, 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, November 2023: AED 197,727 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 712 sits

All 37 2-beds →

712 last sold in March 2023 at AED 3,091 per sqft, 36% above what two-beds in Rahaal 2 were fetching at the time (AED 2,277). 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. 712's AED 197,727 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 7th floor

All 145 units in Rahaal 2
Value
7011-bedAED 2.34M · Nov 2022
7022-bedAED 2.38M · Sep 2019
7034-bedAED 4.96M · May 2019
7042-bedAED 2.69M · Nov 2019
7051-bedAED 2.45M · Apr 2025
7061-bedAED 2.6M · Mar 2025
7071-bedAED 2.05M · Dec 2022
1–7 of 14

712, Rahaal 2 in numbers

  • Sold 3 times: first on 7 April 2020 for AED 1,961,000, last on 24 March 2023 for AED 3,600,000 (AED 3,091 per sqft).
  • Rented since November 2023 on one Ejari contract, at AED 197,727 a year.
  • At AED 197,727 a year the gross yield on the 2023 price is 5.5%, before a service charge of about AED 26,700 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 13 November 2023.

Questions about 712, Rahaal 2

What did unit 712 last sell for?

AED 3,600,000 on 24 March 2023: AED 3,091 per sqft for 1,164 sqft. The unit has 3 registered sales; the first was AED 1,961,000 in April 2020.

What is the rent for unit 712?

AED 197,727 a year on the contract signed on 13 November 2023.

How big is unit 712?

1,164 sqft (108.1 sqm): a two-bedroom apartment on the 7th floor of a 10-storey tower completed in 2021.

What is unit 712 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 712, Rahaal 2

Starts from the last sale price (AED 3.6M, 24 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,600,000
Deposit, UAE resident (20%)
AED 720,000
Deposit, non-resident (40%)
AED 1,440,000
Monthly over 25 years at 3.7%
AED 14,729

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