Unit 507 at Taraf 1 Residence is a 1 bed of 559 sq ft. It last sold for AED 515,846 on 19 Sep 2023. At AED 819 per sq ft, from 5 sales of units ending 07 (same position in the tower), it is worth about AED 458,000 today.
| Bedrooms | 1 bed |
|---|---|
| Size | 559 sq ft |
| Floor | 5 (from the unit number) |
| Position in the tower | Stack 07: units ending 07 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 |
|---|---|---|---|---|
| 19 Sep 2023 | AED 515,846 | 559 sq ft | 923 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 407 | 18 Sep 2023 | AED 689,713 | 883 sq ft | 781 | Resale |
| 107 | 14 Sep 2023 | AED 762,829 | 931 sq ft | 819 | Resale |
| 307 | 14 Sep 2023 | AED 761,722 | 931 sq ft | 818 | Resale |
| 207 | 14 Sep 2023 | AED 772,692 | 944 sq ft | 819 | 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 |
| 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 |
| 408 | 18 Sep 2023 | AED 688,965 | 882 sq ft | 781 | Resale |
We took the 5 resale sales of units ending 07 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 819). We multiplied it by the size of this unit (559 sq ft). The range uses the middle half of those sales (AED 818 to AED 819 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 515,720. 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 458,000 (range AED 457,000 to AED 458,000), based on AED 819 per sq ft from registered sales up to 7 Nov 2024.
19 Sep 2023, for AED 515,846 (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 14.2% on the estimate.
Sales alert for Taraf 1 ResidenceAll sales in Taraf 1 Residence