Unit 505 at Taraf 1 Residence is a 2 bed of 929 sq ft. It last sold for AED 737,240 on 18 Sep 2023. At AED 797 per sq ft, from 6 sales of units ending 05 (same position in the tower), it is worth about AED 741,000 today.
| Bedrooms | 2 bed |
|---|---|
| Size | 929 sq ft |
| Floor | 5 (from the unit number) |
| Position in the tower | Stack 05: units ending 05 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 |
|---|---|---|---|---|
| 18 Sep 2023 | AED 737,240 | 929 sq ft | 794 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 405 | 18 Sep 2023 | AED 1,059,136 | 1,418 sq ft | 747 | Resale |
| 005 | 14 Sep 2023 | AED 538,995 | 615 sq ft | 876 | Resale |
| 105 | 14 Sep 2023 | AED 1,191,042 | 1,497 sq ft | 796 | Resale |
| 305 | 14 Sep 2023 | AED 1,185,356 | 1,483 sq ft | 799 | Resale |
| 205 | 14 Sep 2023 | AED 1,196,896 | 1,497 sq ft | 800 | 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 |
| 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 |
| 104 | 14 Sep 2023 | AED 1,243,875 | 1,576 sq ft | 789 | Resale |
We took the 6 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 797). We multiplied it by the size of this unit (929 sq ft). The range uses the middle half of those sales (AED 794 to AED 799 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 737,061. 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 741,000 (range AED 738,000 to AED 743,000), based on AED 797 per sq ft from registered sales up to 7 Nov 2024.
18 Sep 2023, for AED 737,240 (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 12.4% on the estimate.
Sales alert for Taraf 1 ResidenceAll sales in Taraf 1 Residence