1-bed · 819 sqftJ8 - Al Sufouh, Al Sufouh First · 3rd floor · completed 2016

311, J8 - Al Sufouh

Sold prices and rental history: sold once, by the developer in December 2016, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 311 · DLD and Ejari recordsUpdated 20 September 2024
Last soldAED 1.13M18 December 2016
Current rentAED 105K /yr20 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 311, J8 - Al Sufouh

What is 311 worth today?

Last sold for AED 1,134,952 in 2016

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20 Sep 2024RentedNew contract
AED 105,000/yr12 months · AED 128 per sqft
1 Aug 2023RentedRenewal
AED 62,000/yr12 months · AED 76 per sqft
1 Aug 2022RentedRenewal
AED 62,000/yr12 months · AED 76 per sqft
1 Aug 2020RentedRenewal
AED 62,000/yr12 months · AED 76 per sqft
1 Aug 2019RentedNew contract
AED 70,000/yr12 months · AED 86 per sqft
11 May 2017RentedNew contract
AED 88,806/yr12 months · AED 109 per sqft
11 May 2017RentedNew contract
AED 90,000/yr12 months · AED 110 per sqft
18 Dec 2016Sold by developerOff-plan
AED 1,134,952AED 1,386 per sqft

Source: Dubai Land Department. Updated 20 September 2024.

Key facts

Type
1-bed apartment
Size
819 sqft
Floor
3rd of 8
Parking
B-55
Developer
Aqua Real Estate Development
Completed
2016
Service charge
AED 11,000 /yr
Last sold
AED 1.13M · December 2016

About 311, J8 - Al Sufouh

311 is a one-bedroom apartment of 819 sqft on the 3rd floor of J8 - Al Sufouh, a 8-storey tower in Al Sufouh First completed in 2016 by Aqua Real Estate Development. The developer sold it on 18 December 2016 for AED 1,134,952, or AED 1,386 per sqft, in line with the AED 1,386 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 20 September 2024, is AED 105,000 a year: a gross yield of 9.3% on the 2016 price, before the service charge of about AED 11,000 a year.

Sales and rents for 311 over time

Sales
Unit 311, each saleTypical one-bed in J8 - Al Sufouh
1M1.2M2016201920222025Typical sale price by year: 2016 AED 1,130,000; 2017 AED 1,160,000; 2023 AED 930,000; 2024 AED 1,110,000; 2025 AED 1,250,000Sold by developer, December 2016: AED 1,134,952 (AED 1,386 per sqft)

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

Rents
Unit 311, each contractTypical one-bed in J8 - Al Sufouh
50K75K100K2017202020232026Typical rent by year: 2017 AED 90,000; 2018 AED 80,000; 2019 AED 70,000; 2020 AED 63,500; 2021 AED 57,000; 2022 AED 64,000; 2023 AED 70,000; 2024 AED 90,000; 2025 AED 89,867; 2026 AED 95,000New contract, May 2017: AED 88,806 a yearNew contract, May 2017: AED 90,000 a yearNew contract, August 2019: AED 70,000 a yearRenewal, August 2020: AED 62,000 a yearRenewal, August 2022: AED 62,000 a yearRenewal, August 2023: AED 62,000 a yearNew contract, September 2024: AED 105,000 a year

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

1-beds in J8 - Al Sufouh, and where 311 sits

All 52 1-beds →

311 last sold in December 2016 at AED 1,386 per sqft, in line with what one-beds in J8 - Al Sufouh were fetching at the time (AED 1,386). Over the last 12 months one-beds sold for AED 1,280,000 to 1,400,000, around AED 1,584 per sqft, and rent for AED 88,000 to 105,000 a year. 311's AED 105,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Dec 20251,400,000
8 Dec 20251,280,000
3 Jun 20251,300,000
23 Apr 20251,250,000
3 1-bed sales in the last 12 months

J8 - Al Sufouh

Building

91 apartments, 1-bed to 3-bed over 8 floors in Al Sufouh First, completed in 2016 by Aqua Real Estate Development. 3 sold in the last 12 months.

Typical price per sqft
AED 1,584
Typical sale
AED 1.31M
Typical rent
AED 100K /yr
Typical yield
7.4%
J8 - Al Sufouh, Al Sufouh First: prices, sales and rents →

Other units on the 3rd floor

All 91 units in J8 - Al Sufouh
Value
3011-bedAED 1.13M · Dec 2016
3022-bedAED 1.7M · Mar 2024
3032-bedAED 1.4M · Dec 2016
3041-bedAED 944K · Dec 2016
3051-bedAED 1.08M · Aug 2024
3061-bedAED 886K · Dec 2016
3071-bedAED 894K · Dec 2016
1–7 of 11

311, J8 - Al Sufouh in numbers

  • Sold once: by Aqua Real Estate Development on 18 December 2016 for AED 1,134,952, or AED 1,386 per sqft.
  • Rented since May 2017 on 7 Ejari contracts. The rent fell from AED 90,000 to AED 62,000 in 2023 and recovered to AED 105,000 by September 2024.
  • At AED 105,000 a year the gross yield on the 2016 price is 9.3%, before a service charge of about AED 11,000 a year (AED 13.49 per sqft).
  • One-beds in J8 - Al Sufouh sold for AED 1,280,000–1,400,000 in the 12 months to November 2026; the building's median across all types is AED 1,584 per sqft.

Source: Dubai Land Department. Updated 20 September 2024.

Questions about 311, J8 - Al Sufouh

What did unit 311 last sell for?

AED 1,134,952 on 18 December 2016, sold by the developer: AED 1,386 per sqft for 819 sqft. It is the only registered sale of the unit.

What is the rent for unit 311?

AED 105,000 a year on the contract signed on 20 September 2024. The previous contract, from August 2023, was AED 62,000; the unit has been rented since May 2017.

How big is unit 311?

819 sqft (76.1 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2016.

What is unit 311 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in J8 - Al Sufouh sold for AED 1,280,000 to 1,400,000 in the last 12 months, around AED 1,584 per sqft.

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Mortgage on 311, J8 - Al Sufouh

Starts from the last sale price (AED 1.13M, 18 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,134,952
Deposit, UAE resident (20%)
AED 226,990
Deposit, non-resident (40%)
AED 453,981
Monthly over 25 years at 3.7%
AED 4,643

Plus AED 52,678 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →