Unit 216, DMS Building: what it sold for and what it is worth now

Unit 216 at DMS Building is a 1 bed of 696 sq ft. It last sold for AED 589,440 on 16 Mar 2023. At AED 1,575 per sq ft, from 5 sales in the building in the last 12 months (1 bed), it is worth about AED 1,096,000 today.

Value todayAED 1,096,000AED 1,053,000 to AED 1,096,000
Last saleAED 589,44016 Mar 2023 · Resale
Change since last sale+85.9%Building trend alone: AED 1,123,690
Rent (median asking, 1 bed)AED 85,900Gross yield 7.8%
Bedrooms1 bed
Size696 sq ft
Floor2 (from the unit number)
Position in the towerStack 16: units ending 16 share the same layout and view
BuildingDMS Building by Al Nakhlat Al Thalath Real Estate, handed over 2020
Registered sales of this unit1

Every registered sale of unit 216

DatePriceSizeAED/sq ftType
16 Mar 2023AED 589,440696 sq ft847Resale

Units ending 16 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
41622 Apr 2025AED 555,026303 sq ft1,832Resale
31617 Mar 2023AED 577,575696 sq ft830Resale
11616 Mar 2023AED 585,942692 sq ft847Resale
41616 Mar 2023AED 289,903303 sq ft957Resale

Latest 1 bed sales in DMS Building

UnitDatePriceSizeAED/sq ftType
1225 Aug 2026AED 1,047,265692 sq ft1,513Resale
4023 Aug 2026AED 1,001,833636 sq ft1,575Resale
30811 Mar 2026AED 919,706636 sq ft1,446Resale
41519 Jan 2026AED 1,207,249759 sq ft1,591Resale
20818 Dec 2025AED 1,001,457636 sq ft1,575Resale
3057 Mar 2025AED 1,000,000646 sq ft1,548Resale
2176 Mar 2025AED 745,709692 sq ft1,078Resale
3184 Mar 2025AED 689,330692 sq ft996Resale

How we worked out the value

We took the 5 sales in DMS Building in the last 12 months (1 bed), worked out the price per sq ft of each, and used the middle value (AED 1,575). We multiplied it by the size of this unit (696 sq ft). The range uses the middle half of those sales (AED 1,513 to AED 1,575 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,123,690. 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 216 at DMS Building worth?

About AED 1,096,000 (range AED 1,053,000 to AED 1,096,000), based on AED 1,575 per sq ft from registered sales up to 5 Aug 2026.

When did unit 216 last sell?

16 Mar 2023, for AED 589,440 (resale). It has 1 registered sale.

What rent can unit 216 make?

A 1 bed in DMS Building rents for about AED 85,900 a year (median asking rent). That is a gross yield of 7.8% on the estimate.

Sales alert for DMS BuildingAll sales in DMS Building

Unit 215 · Unit 217