Unit 405, Summer 2: what it sold for and what it is worth now

Unit 405 at Summer 2 is a 2 bed of 1,116 sq ft. It last sold for AED 800,000 on 26 Nov 2024. At AED 914 per sq ft, from 4 sales of units ending 05 (same position in the tower), it is worth about AED 1,020,000 today.

Value todayAED 1,020,000AED 897,000 to AED 1,132,000
Last saleAED 800,00026 Nov 2024 · Resale
Change since last sale+27.5%Building trend alone: AED 862,054
Rent (median asking, 2 bed)AED 75,000Gross yield 7.4%
Bedrooms2 bed
Size1,116 sq ft
Floor4 (from the unit number)
Position in the towerStack 05: units ending 05 share the same layout and view
BuildingSummer 2 by Ishraqah, handed over 2014
Registered sales of this unit1

Every registered sale of unit 405

DatePriceSizeAED/sq ftType
26 Nov 2024AED 800,0001,116 sq ft717Resale

Units ending 05 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
1054 Nov 2025AED 570,000572 sq ft997Resale
20518 Feb 2025AED 610,000572 sq ft1,066Resale
30511 Feb 2025AED 476,100572 sq ft832Resale
3056 Oct 2021AED 330,000572 sq ft577Resale

Latest 2 bed sales in Summer 2

UnitDatePriceSizeAED/sq ftType
G1015 Sep 2026AED 1,150,0001,396 sq ft824Resale
G079 Sep 2026AED 1,180,0001,347 sq ft876Resale
42014 Aug 2026AED 845,0001,104 sq ft765Resale
G1211 Aug 2026AED 1,250,0001,335 sq ft936Resale
4034 Feb 2026AED 875,0001,111 sq ft788Resale
30329 Jan 2026AED 1,000,0001,193 sq ft838Resale
12412 Jan 2026AED 1,100,0001,344 sq ft818Resale
2085 Jan 2026AED 1,100,0001,177 sq ft935Resale

How we worked out the value

We took the 4 resale sales of units ending 05 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 914). We multiplied it by the size of this unit (1,116 sq ft). The range uses the middle half of those sales (AED 803 to AED 1,014 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 862,054. Floor, view, condition and upgrades can move the price either way. Sales data to 19 Oct 2026, from the Dubai Land Department register.

Questions

What is unit 405 at Summer 2 worth?

About AED 1,020,000 (range AED 897,000 to AED 1,132,000), based on AED 914 per sq ft from registered sales up to 19 Oct 2026.

When did unit 405 last sell?

26 Nov 2024, for AED 800,000 (resale). It has 1 registered sale.

What rent can unit 405 make?

A 2 bed in Summer 2 rents for about AED 75,000 a year (median asking rent). That is a gross yield of 7.4% on the estimate.

Sales alert for Summer 2All sales in Summer 2

Unit 404 · Unit 409