2-bed · 1,220 sqftVictoria Residency, Al Furjan · 3rd floor · completed 2018

304, Victoria Residency

Sold prices and rental history: sold once, by the developer in March 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 7 May 2024
Last soldAED 1.38M12 March 2024
Current rentAED 60K /yr7 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Victoria Residency

What is 304 worth today?

Last sold for AED 1,375,000 in 2024

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7 May 2024RentedNew contract
AED 60,000/yr24 months · AED 49 per sqft
12 Mar 2024Sold by developerReady
AED 1,375,000AED 1,126 per sqft
10 Feb 2023RentedRenewal
AED 69,000/yr12 months · AED 57 per sqft
10 Feb 2022RentedRenewal
AED 62,700/yr12 months · AED 51 per sqft
10 Feb 2021RentedNew contract
AED 57,000/yr12 months · AED 47 per sqft
6 May 2019RentedNew contract
AED 77,000/yr12 months · AED 63 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 7 May 2024.

Key facts

Type
2-bed apartment
Size
1,220 sqft
Floor
3rd of 10
Parking
P-32, P-33
Developer
CPL Real Estate Development
Completed
2018
Service charge
AED 19,800 /yr
Last sold
AED 1.38M · March 2024

About 304, Victoria Residency

304 is a two-bedroom apartment of 1,220 sqft on the 3rd floor of Victoria Residency, a 10-storey tower in Al Furjan completed in 2018 by CPL Real Estate Development. The developer sold it on 12 March 2024 for AED 1,375,000, or AED 1,126 per sqft, 13% above the AED 993 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 7 May 2024, is AED 60,000 a year: a gross yield of 4.4% on the 2024 price, before the service charge of about AED 19,800 a year.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical two-bed in Victoria Residency
1.2M1.4M2017202020232026Typical sale price by year: 2017 AED 1,232,315; 2023 AED 1,142,500; 2024 AED 1,375,000; 2025 AED 1,450,000Sold by developer, March 2024: AED 1,375,000 (AED 1,126 per sqft)

304 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 304, each contractTypical two-bed in Victoria Residency
60K70K80K2019202120232025Typical rent by year: 2019 AED 72,500; 2020 AED 71,000; 2021 AED 63,250; 2022 AED 68,125; 2023 AED 73,500; 2024 AED 75,000; 2025 AED 75,000New contract, May 2019: AED 77,000 a yearNew contract, February 2021: AED 57,000 a yearRenewal, February 2022: AED 62,700 a yearRenewal, February 2023: AED 69,000 a yearNew contract, May 2024: AED 60,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Victoria Residency, and where 304 sits

All 39 2-beds →

304 last sold in March 2024 at AED 1,126 per sqft, 13% above what two-beds in Victoria Residency were fetching at the time (AED 993). 304's AED 60,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
25 Jul 20251,450,000
29 May 20251,380,000
29 Jan 20252,500,000
17 Jul 20241,375,000
0 2-bed sales in the last 12 months

Victoria Residency

Building

103 apartments, 1-bed to 4-bed over 10 floors in Al Furjan, completed in 2018 by CPL Real Estate Development. 4 sold in the last 12 months.

Typical price per sqft
AED 1,199
Typical sale
AED 2.3M
Typical rent
AED 100K /yr
Typical yield
7.4%
Victoria Residency, Al Furjan: prices, sales and rents →

Other units on the 3rd floor

All 103 units in Victoria Residency
Value
3013-bedAED 1.8M · Feb 2024
3022-bedAED 1.36M · Feb 2024
3032-bedAED 1.28M · Feb 2024
3051-bedAED 910K · Apr 2024
3061-bedAED 1.12M · Mar 2025
3071-bedAED 810K · Sep 2023
3083-bedAED 2.2M · Nov 2024
1–7 of 10

304, Victoria Residency in numbers

  • Sold once: by CPL Real Estate Development on 12 March 2024 for AED 1,375,000, or AED 1,126 per sqft.
  • Rented since May 2019 on 5 Ejari contracts, from AED 77,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2024 price is 4.4%, before a service charge of about AED 19,800 a year (AED 16.25 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 7 May 2024.

Questions about 304, Victoria Residency

What did unit 304 last sell for?

AED 1,375,000 on 12 March 2024, sold by the developer: AED 1,126 per sqft for 1,220 sqft. It is the only registered sale of the unit.

What is the rent for unit 304?

AED 60,000 a year on the contract signed on 7 May 2024. The previous contract, from February 2023, was AED 69,000; the unit has been rented since May 2019.

How big is unit 304?

1,220 sqft (113.3 sqm): a two-bedroom apartment on the 3rd floor of a 10-storey tower completed in 2018.

What is unit 304 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 304, Victoria Residency

Starts from the last sale price (AED 1.38M, 12 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,375,000
Deposit, UAE resident (20%)
AED 275,000
Deposit, non-resident (40%)
AED 550,000
Monthly over 25 years at 3.7%
AED 5,626

Plus AED 62,760 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →