Unit 116, Summer 1: what it sold for and what it is worth now

Unit 116 at Summer 1 is a 1 bed of 585 sq ft. It last sold for AED 460,000 on 26 Oct 2023. At AED 929 per sq ft, from 15 sales in the building in the last 12 months (1 bed), it is worth about AED 544,000 today.

Value todayAED 544,000AED 487,000 to AED 587,000
Last saleAED 460,00026 Oct 2023 · Resale
Change since last sale+18.3%Building trend alone: AED 617,290
Rent (median asking, 1 bed)AED 60,000Gross yield 11.0%
Bedrooms1 bed
Size585 sq ft
Floor1 (from the unit number)
Position in the towerStack 16: units ending 16 share the same layout and view
BuildingSummer 1 by Ishraqah, handed over 2013
Registered sales of this unit1

Every registered sale of unit 116

DatePriceSizeAED/sq ftType
26 Oct 2023AED 460,000585 sq ft786Resale

Units ending 16 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
3168 Oct 2026AED 535,000585 sq ft915Resale
41620 Jun 2025AED 770,0001,195 sq ft644Resale
21622 May 2024AED 535,000585 sq ft915Resale
31612 Jan 2020AED 250,000585 sq ft427Resale

Latest 1 bed sales in Summer 1

UnitDatePriceSizeAED/sq ftType
3168 Oct 2026AED 535,000585 sq ft915Resale
G1023 Sep 2026AED 630,000835 sq ft754Resale
12615 Jul 2026AED 495,000603 sq ft821Resale
3142 Jul 2026AED 750,000896 sq ft837Resale
21023 Jun 2026AED 600,000725 sq ft828Resale
10414 Apr 2026AED 580,000655 sq ft885Resale
1232 Apr 2026AED 630,000605 sq ft1,041Resale
31313 Mar 2026AED 725,000904 sq ft802Resale

How we worked out the value

We took the 15 sales in Summer 1 in the last 12 months (1 bed), worked out the price per sq ft of each, and used the middle value (AED 929). We multiplied it by the size of this unit (585 sq ft). The range uses the middle half of those sales (AED 832 to AED 1,003 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 617,290. Floor, view, condition and upgrades can move the price either way. Sales data to 8 Oct 2026, from the Dubai Land Department register.

Questions

What is unit 116 at Summer 1 worth?

About AED 544,000 (range AED 487,000 to AED 587,000), based on AED 929 per sq ft from registered sales up to 8 Oct 2026.

When did unit 116 last sell?

26 Oct 2023, for AED 460,000 (resale). It has 1 registered sale.

What rent can unit 116 make?

A 1 bed in Summer 1 rents for about AED 60,000 a year (median asking rent). That is a gross yield of 11.0% on the estimate.

Sales alert for Summer 1All sales in Summer 1

Unit 115 · Unit 118