Unit 128, DMS Building: what it sold for and what it is worth now

Unit 128 at DMS Building is a studio of 407 sq ft. It last sold for AED 523,411 on 22 Dec 2023. At AED 1,780 per sq ft, from 5 sales in the building in the last 12 months (studio), it is worth about AED 724,000 today.

Value todayAED 724,000AED 704,000 to AED 797,000
Last saleAED 523,41122 Dec 2023 · Resale
Change since last sale+38.3%Building trend alone: AED 600,456
Rent (median asking, studio)AED 70,000Gross yield 9.7%
Bedroomsstudio
Size407 sq ft
Floor1 (from the unit number)
Position in the towerStack 28: units ending 28 share the same layout and view
BuildingDMS Building by Al Nakhlat Al Thalath Real Estate, handed over 2020
Registered sales of this unit2

Every registered sale of unit 128

DatePriceSizeAED/sq ftType
22 Dec 2023AED 523,411407 sq ft1,286Resale
16 Mar 2023AED 337,737407 sq ft830Resale

Units ending 28 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
22811 Mar 2024AED 894,738633 sq ft1,413Resale
22817 Mar 2023AED 525,141633 sq ft830Resale
32816 Mar 2023AED 525,141633 sq ft830Resale

Latest studio sales in DMS Building

UnitDatePriceSizeAED/sq ftType
20231 Mar 2026AED 615,212314 sq ft1,959Resale
G0810 Mar 2026AED 738,619415 sq ft1,780Resale
10827 Jan 2026AED 1,057,235673 sq ft1,571Resale
2032 Oct 2025AED 628,679318 sq ft1,977Resale
40730 Sep 2025AED 807,698467 sq ft1,730Resale
40425 Jul 2025AED 581,192293 sq ft1,984Resale
20417 Jun 2025AED 642,816318 sq ft2,021Resale
2099 Jun 2025AED 815,857467 sq ft1,747Resale

How we worked out the value

We took the 5 sales in DMS Building in the last 12 months (studio), worked out the price per sq ft of each, and used the middle value (AED 1,780). We multiplied it by the size of this unit (407 sq ft). The range uses the middle half of those sales (AED 1,730 to AED 1,959 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 600,456. Floor, view, condition and upgrades can move the price either way. Sales data to 5 Aug 2026, from the Dubai Land Department register.

Questions

What is unit 128 at DMS Building worth?

About AED 724,000 (range AED 704,000 to AED 797,000), based on AED 1,780 per sq ft from registered sales up to 5 Aug 2026.

When did unit 128 last sell?

22 Dec 2023, for AED 523,411 (resale). It has 2 registered sales.

What rent can unit 128 make?

A studio in DMS Building rents for about AED 70,000 a year (median asking rent). That is a gross yield of 9.7% on the estimate.

Sales alert for DMS BuildingAll sales in DMS Building

Unit 127 · Unit 201