Unit 216 at Taraf 1 Residence is a 1 bed of 888 sq ft. It last sold for AED 737,891 on 14 Sep 2023. At AED 831 per sq ft, from 3 sales of units ending 16 (same position in the tower), it is worth about AED 738,000 today.
| Bedrooms | 1 bed |
|---|---|
| Size | 888 sq ft |
| Floor | 2 (from the unit number) |
| Position in the tower | Stack 16: units ending 16 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 737,891 | 888 sq ft | 831 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 316 | 14 Sep 2023 | AED 734,927 | 888 sq ft | 828 | Resale |
| 116 | 14 Sep 2023 | AED 446,949 | 471 sq ft | 949 | 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 3 resale sales of units ending 16 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 831). We multiplied it by the size of this unit (888 sq ft). The range uses the middle half of those sales (AED 829 to AED 890 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 737,711. 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 738,000 (range AED 736,000 to AED 790,000), based on AED 831 per sq ft from registered sales up to 7 Nov 2024.
14 Sep 2023, for AED 737,891 (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 8.8% on the estimate.
Sales alert for Taraf 1 ResidenceAll sales in Taraf 1 Residence