Unit 002 at Taraf 1 Residence is a 1 bed of 1,049 sq ft. It last sold for AED 834,188 on 14 Sep 2023. At AED 938 per sq ft, from 6 sales of units ending 02 (same position in the tower), it is worth about AED 984,000 today.
| Bedrooms | 1 bed |
|---|---|
| Size | 1,049 sq ft |
| Floor | 0 (from the unit number) |
| Position in the tower | Stack 02: units ending 02 share the same layout and view |
| Building | Taraf 1 Residence by Taraf, handed over 2019 |
| Registered sales of this unit | 1 |
| Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|
| 14 Sep 2023 | AED 834,188 | 1,049 sq ft | 795 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 402 | 18 Sep 2023 | AED 472,223 | 494 sq ft | 956 | Resale |
| 502 | 18 Sep 2023 | AED 472,352 | 494 sq ft | 956 | Resale |
| 302 | 14 Sep 2023 | AED 479,327 | 511 sq ft | 938 | Resale |
| 102 | 14 Sep 2023 | AED 477,104 | 512 sq ft | 932 | Resale |
| 202 | 14 Sep 2023 | AED 479,184 | 511 sq ft | 938 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 001 | 7 Nov 2024 | AED 817,064 | 1,041 sq ft | 785 | Resale |
| 508 | 19 Sep 2023 | AED 515,166 | 558 sq ft | 923 | Resale |
| 507 | 19 Sep 2023 | AED 515,846 | 559 sq ft | 923 | Resale |
| 415 | 18 Sep 2023 | AED 735,783 | 888 sq ft | 829 | Resale |
| 509 | 18 Sep 2023 | AED 515,549 | 559 sq ft | 922 | Resale |
| 409 | 18 Sep 2023 | AED 677,909 | 825 sq ft | 822 | Resale |
| 506 | 18 Sep 2023 | AED 515,350 | 559 sq ft | 922 | Resale |
| 501 | 18 Sep 2023 | AED 729,838 | 869 sq ft | 840 | Resale |
We took the 6 resale sales of units ending 02 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 938). We multiplied it by the size of this unit (1,049 sq ft). The range uses the middle half of those sales (AED 933 to AED 951 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 833,985. Floor, view, condition and upgrades can move the price either way. Sales data to 7 Nov 2024, from the Dubai Land Department register.
About AED 984,000 (range AED 979,000 to AED 998,000), based on AED 938 per sq ft from registered sales up to 7 Nov 2024.
14 Sep 2023, for AED 834,188 (resale). It has 1 registered sale.
A 1 bed in Taraf 1 Residence rents for about AED 65,000 a year (median asking rent). That is a gross yield of 6.6% on the estimate.
Sales alert for Taraf 1 ResidenceAll sales in Taraf 1 Residence