2-bed · 1,194 sqftJ5 - Al Sufouh, Al Sufouh First · 3rd floor · completed 2015

303, J5 - Al Sufouh

Sold prices and rental history: sold once, by the developer in February 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 2.01M13 February 2023
Current rentAED 98K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, J5 - Al Sufouh

What is 303 worth today?

Last sold for AED 2,010,000 in 2023

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1 Sep 2024RentedRenewal
AED 98,000/yr12 months · AED 82 per sqft
1 Sep 2023RentedRenewal
AED 89,250/yr12 months · AED 75 per sqft
13 Feb 2023Sold by developerReady
AED 2,010,000AED 1,683 per sqft
1 Sep 2022RentedRenewal
AED 85,000/yr12 months · AED 71 per sqft
1 Sep 2019RentedNew contract
AED 90,000/yr12 months · AED 75 per sqft
1 Sep 2017RentedNew contract
AED 125,000/yr12 months · AED 105 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
2-bed apartment
Size
1,194 sqft
Floor
3rd of 5
Parking
G-10
Developer
Aqua Real Estate Development
Completed
2015
Service charge
AED 22,000 /yr
Last sold
AED 2.01M · February 2023

About 303, J5 - Al Sufouh

303 is a two-bedroom apartment of 1,194 sqft on the 3rd floor of J5 - Al Sufouh, a 5-storey tower in Al Sufouh First completed in 2015 by Aqua Real Estate Development. The developer sold it on 13 February 2023 for AED 2,010,000, or AED 1,683 per sqft.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 1 September 2024, is AED 98,000 a year: a gross yield of 4.9% on the 2023 price, before the service charge of about AED 22,000 a year.

Sales and rents for 303 over time

Sales
Unit 303, each saleTypical two-bed in J5 - Al Sufouh
1.6M1.8M2M201520182021Typical sale price by year: 2015 AED 1,617,492; 2016 AED 2,000,000Sold by developer, February 2023: AED 2,010,000 (AED 1,683 per sqft)

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

Rents
Unit 303, each contractTypical two-bed in J5 - Al Sufouh
100K150K2016201920222025Typical rent by year: 2016 AED 140,000; 2017 AED 122,500; 2018 AED 105,000; 2019 AED 90,000; 2020 AED 82,500; 2021 AED 80,000; 2022 AED 85,000; 2023 AED 88,725; 2024 AED 98,500; 2025 AED 106,975New contract, September 2017: AED 125,000 a yearNew contract, September 2019: AED 90,000 a yearRenewal, September 2022: AED 85,000 a yearRenewal, September 2023: AED 89,250 a yearRenewal, September 2024: AED 98,000 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 J5 - Al Sufouh, and where 303 sits

All 12 2-beds →
Recent 2-bed salesUnit no.Price (AED)Summary
13 May 20241,600,000
13 Jun 20231,350,000
3 Oct 20191,546,935
24 Nov 20162,000,000
0 2-bed sales in the last 12 months

J5 - Al Sufouh

Building

48 apartments, 1-bed to 3-bed over 5 floors in Al Sufouh First, completed in 2015 by Aqua Real Estate Development. 2 sold in the last 12 months.

Typical price per sqft
AED 1,668
Typical sale
AED 1.27M
Typical rent
AED 85K /yr
Typical yield
6.6%
J5 - Al Sufouh, Al Sufouh First: prices, sales and rents →

Other units on the 3rd floor

All 48 units in J5 - Al Sufouh
Value
3011-bedAED 1.13M · Aug 2024
3022-bedAED 1.68M · Oct 2015
3041-bedAED 1.3M · May 2016
3051-bedAED 907K · Oct 2015
3061-bedAED 1.05M · Jun 2024
3071-bedAED 1.1M · Jul 2024
3082-bedAED 1.97M · Dec 2015
1–7 of 11

303, J5 - Al Sufouh in numbers

  • Sold once: by Aqua Real Estate Development on 13 February 2023 for AED 2,010,000, or AED 1,683 per sqft.
  • Rented since September 2017 on 5 Ejari contracts. The rent fell from AED 125,000 to AED 85,000 in 2022 and recovered to AED 98,000 by September 2024.
  • At AED 98,000 a year the gross yield on the 2023 price is 4.9%, before a service charge of about AED 22,000 a year (AED 18.47 per sqft).

Source: Dubai Land Department. Updated 1 September 2024.

Questions about 303, J5 - Al Sufouh

What did unit 303 last sell for?

AED 2,010,000 on 13 February 2023, sold by the developer: AED 1,683 per sqft for 1,194 sqft. It is the only registered sale of the unit.

What is the rent for unit 303?

AED 98,000 a year on the contract renewed on 1 September 2024. The previous contract, from September 2023, was AED 89,250; the unit has been rented since September 2017.

How big is unit 303?

1,194 sqft (110.9 sqm): a two-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2015.

What is unit 303 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 303, J5 - Al Sufouh

Starts from the last sale price (AED 2.01M, 13 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,010,000
Deposit, UAE resident (20%)
AED 402,000
Deposit, non-resident (40%)
AED 804,000
Monthly over 25 years at 3.7%
AED 8,224

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →