Unit 412, DMS Building: what it sold for and what it is worth now

Unit 412 at DMS Building is a 2 bed of 1,838 sq ft. It last sold for AED 1,274,215 on 16 Mar 2023. At AED 1,583 per sq ft, from 10 sales in the building in the last 12 months, it is worth about AED 2,909,000 today.

Value todayAED 2,909,000AED 2,889,000 to AED 3,248,000
Last saleAED 1,274,21516 Mar 2023 · Resale
Change since last sale+128.3%Building trend alone: AED 2,429,123
Rent (median asking, 2 bed)AED 120,000Gross yield 4.1%
Bedrooms2 bed
Size1,838 sq ft
Floor4 (from the unit number)
Position in the towerStack 12: units ending 12 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 412

DatePriceSizeAED/sq ftType
16 Mar 2023AED 1,274,2151,838 sq ft693Resale

Units ending 12 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
31215 May 2024AED 931,497692 sq ft1,346Resale
31216 Mar 2023AED 585,763692 sq ft846Resale
11216 Mar 2023AED 576,949695 sq ft830Resale
21216 Mar 2023AED 585,854692 sq ft847Resale

Latest 2 bed sales in DMS Building

UnitDatePriceSizeAED/sq ftType
41117 Mar 2025AED 1,500,0001,588 sq ft945Resale
40916 Mar 2023AED 1,298,6051,565 sq ft830Resale
41016 Mar 2023AED 1,183,3851,728 sq ft685Resale
41116 Mar 2023AED 1,112,2831,588 sq ft700Resale

How we worked out the value

We took the 10 sales in DMS Building in the last 12 months, worked out the price per sq ft of each, and used the middle value (AED 1,583). We multiplied it by the size of this unit (1,838 sq ft). The range uses the middle half of those sales (AED 1,572 to AED 1,767 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 2,429,123. 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 412 at DMS Building worth?

About AED 2,909,000 (range AED 2,889,000 to AED 3,248,000), based on AED 1,583 per sq ft from registered sales up to 5 Aug 2026.

When did unit 412 last sell?

16 Mar 2023, for AED 1,274,215 (resale). It has 1 registered sale.

What rent can unit 412 make?

A 2 bed in DMS Building rents for about AED 120,000 a year (median asking rent). That is a gross yield of 4.1% on the estimate.

Sales alert for DMS BuildingAll sales in DMS Building

Unit 411 · Unit 413