Unit 511 at Taraf 1 Residence is a 1 bed of 609 sq ft. It last sold for AED 554,246 on 18 Sep 2023. At AED 811 per sq ft, from 5 sales of units ending 11 (same position in the tower), it is worth about AED 494,000 today.
| Bedrooms | 1 bed |
|---|---|
| Size | 609 sq ft |
| Floor | 5 (from the unit number) |
| Position in the tower | Stack 11: units ending 11 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 554,246 | 609 sq ft | 910 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 411 | 18 Sep 2023 | AED 722,213 | 906 sq ft | 797 | Resale |
| 111 | 14 Sep 2023 | AED 778,238 | 960 sq ft | 811 | Resale |
| 211 | 14 Sep 2023 | AED 787,184 | 971 sq ft | 811 | Resale |
| 311 | 14 Sep 2023 | AED 784,580 | 971 sq ft | 808 | 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 5 resale sales of units ending 11 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 811). We multiplied it by the size of this unit (609 sq ft). The range uses the middle half of those sales (AED 808 to AED 811 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 554,111. 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 494,000 (range AED 492,000 to AED 494,000), based on AED 811 per sq ft from registered sales up to 7 Nov 2024.
18 Sep 2023, for AED 554,246 (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 13.2% on the estimate.
Sales alert for Taraf 1 ResidenceAll sales in Taraf 1 Residence