Unit 115 at Taraf 1 Residence is a 2 bed of 1,355 sq ft. It last sold for AED 1,029,122 on 14 Sep 2023. At AED 786 per sq ft, from 5 sales of units ending 15 (same position in the tower), it is worth about AED 1,065,000 today.
| Bedrooms | 2 bed |
|---|---|
| Size | 1,355 sq ft |
| Floor | 1 (from the unit number) |
| Position in the tower | Stack 15: units ending 15 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 1,029,122 | 1,355 sq ft | 759 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 415 | 18 Sep 2023 | AED 735,783 | 888 sq ft | 829 | Resale |
| 515 | 18 Sep 2023 | AED 663,418 | 888 sq ft | 747 | Resale |
| 315 | 14 Sep 2023 | AED 1,025,242 | 1,304 sq ft | 786 | Resale |
| 215 | 14 Sep 2023 | AED 1,027,848 | 1,304 sq ft | 788 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 410 | 18 Sep 2023 | AED 1,583,116 | 2,119 sq ft | 747 | Resale |
| 414 | 18 Sep 2023 | AED 1,017,168 | 1,285 sq ft | 792 | Resale |
| 510 | 18 Sep 2023 | AED 852,564 | 1,091 sq ft | 781 | Resale |
| 404 | 18 Sep 2023 | AED 1,170,837 | 1,567 sq ft | 747 | Resale |
| 514 | 18 Sep 2023 | AED 959,990 | 1,285 sq ft | 747 | Resale |
| 505 | 18 Sep 2023 | AED 737,240 | 929 sq ft | 794 | Resale |
| 504 | 18 Sep 2023 | AED 1,245,312 | 1,567 sq ft | 795 | Resale |
| 405 | 18 Sep 2023 | AED 1,059,136 | 1,418 sq ft | 747 | Resale |
We took the 5 resale sales of units ending 15 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 786). We multiplied it by the size of this unit (1,355 sq ft). The range uses the middle half of those sales (AED 759 to AED 788 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,028,872. 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 1,065,000 (range AED 1,029,000 to AED 1,068,000), based on AED 786 per sq ft from registered sales up to 7 Nov 2024.
14 Sep 2023, for AED 1,029,122 (resale). It has 1 registered sale.
A 2 bed in Taraf 1 Residence rents for about AED 92,000 a year (median asking rent). That is a gross yield of 8.6% on the estimate.
Sales alert for Taraf 1 ResidenceAll sales in Taraf 1 Residence