Unit 405, Summer 1: what it sold for and what it is worth now

Unit 405 at Summer 1 is a 2 bed of 1,038 sq ft. It last sold for AED 875,000 on 18 Dec 2023. At AED 720 per sq ft, from 6 sales in the building in the last 12 months (2 bed), it is worth about AED 747,000 today.

Value todayAED 747,000AED 696,000 to AED 869,000
Last saleAED 875,00018 Dec 2023 · Resale
Change since last sale-14.6%Building trend alone: AED 1,139,651
Rent (median asking, 2 bed)AED 77,000Gross yield 10.3%
Bedrooms2 bed
Size1,038 sq ft
Floor4 (from the unit number)
Position in the towerStack 05: units ending 05 share the same layout and view
BuildingSummer 1 by Ishraqah, handed over 2013
Registered sales of this unit1

Every registered sale of unit 405

DatePriceSizeAED/sq ftType
18 Dec 2023AED 875,0001,038 sq ft843Resale

Units ending 05 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
30523 Oct 2024AED 344,502604 sq ft570Resale
20522 Jun 2023AED 500,000604 sq ft828Resale

Latest 2 bed sales in Summer 1

UnitDatePriceSizeAED/sq ftType
11515 Aug 2026AED 1,070,0001,242 sq ft862Resale
3033 Aug 2026AED 1,014,4001,515 sq ft670Resale
2154 May 2026AED 950,0001,242 sq ft765Resale
31216 Dec 2025AED 782,0001,270 sq ft616Resale
22210 Nov 2025AED 1,300,0001,250 sq ft1,040Resale
2194 Nov 2025AED 850,0001,259 sq ft675Resale
3157 Aug 2025AED 905,0001,242 sq ft729Resale
41620 Jun 2025AED 770,0001,195 sq ft644Resale

How we worked out the value

We took the 6 sales in Summer 1 in the last 12 months (2 bed), worked out the price per sq ft of each, and used the middle value (AED 720). We multiplied it by the size of this unit (1,038 sq ft). The range uses the middle half of those sales (AED 671 to AED 837 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,139,651. 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 405 at Summer 1 worth?

About AED 747,000 (range AED 696,000 to AED 869,000), based on AED 720 per sq ft from registered sales up to 8 Oct 2026.

When did unit 405 last sell?

18 Dec 2023, for AED 875,000 (resale). It has 1 registered sale.

What rent can unit 405 make?

A 2 bed in Summer 1 rents for about AED 77,000 a year (median asking rent). That is a gross yield of 10.3% on the estimate.

Sales alert for Summer 1All sales in Summer 1

Unit 327 · Unit 406