703, J8 - Al Sufouh
Sold prices and rental history: sold once, by the developer in May 2016, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 703, J8 - Al Sufouh
What is 703 worth today?
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Source: Dubai Land Department. Updated 20 May 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,400 sqft
- Floor
- 7th of 8
- Parking
- B-26
- Developer
- Aqua Real Estate Development
- Completed
- 2016
- Service charge
- AED 18,900 /yr
- Last sold
- AED 2.03M · May 2016
- Building
- J8 - Al Sufouh
About 703, J8 - Al Sufouh
703 is a two-bedroom apartment of 1,400 sqft on the 7th 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 11 May 2016 for AED 2,034,960, or AED 1,453 per sqft.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 20 May 2024, is AED 120,000 a year: a gross yield of 5.9% on the 2016 price, before the service charge of about AED 18,900 a year.
Sales and rents for 703 over time
703 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in J8 - Al Sufouh, and where 703 sits
All 32 2-beds →| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Aug 20249 August 2024 | 1,429 sqft | 1,700,000 | 1,189 | ||
| 28 Jun 202428 June 2024 | 1,196 sqft | 1,700,000 | 1,421 | ||
| 15 Mar 202415 March 2024 | 1,208 sqft | 1,700,000 | 1,406 | ||
| 9 Feb 20249 February 2024 | 1,438 sqft | 1,620,000 | 1,126 |
J8 - Al Sufouh
Building91 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
- 6.8%
Other units on the 7th floor
All 91 units in J8 - Al Sufouh| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 821 sqft | AED 1.14MAED 1,135,000 · Nov 2016November 2016 | ||
| 702 | 2-bed | 1,196 sqft | AED 1.75MAED 1,748,620 · Oct 2018October 2018 | 120,000 /yr | |
| 704 | 1-bed | 911 sqft | AED 1.2MAED 1,200,000 · Oct 2024October 2024 | 100,000 /yr | |
| 705 | 1-bed | 808 sqft | AED 1.18MAED 1,177,922 · Jun 2017June 2017 | ||
| 706 | 1-bed | 841 sqft | AED 1.28MAED 1,280,000 · Dec 2025December 2025 | 60,000 /yr | |
| 707 | 1-bed | 854 sqft | AED 1.18MAED 1,175,000 · Jun 2016June 2016 | 70,000 /yr | |
| 708 | 2-bed | 1,312 sqft | AED 2.3MAED 2,300,000 · Aug 2017August 2017 | ||
| 709 | 2-bed | 1,400 sqft | AED 1.57MAED 1,570,000 · Sep 2023September 2023 | 90,000 /yr | |
| 710 | 1-bed | 816 sqft | AED 930KAED 930,000 · Jun 2023June 2023 | 63,000 /yr | |
| 711 | 1-bed | 820 sqft | AED 1.23MAED 1,230,000 · Feb 2017February 2017 | 100,000 /yr | |
| 712 | 827 sqft | AED 1.31MAED 1,310,000 · Nov 2025November 2025 | 100,000 /yr |
703, J8 - Al Sufouh in numbers
- Sold once: by Aqua Real Estate Development on 11 May 2016 for AED 2,034,960, or AED 1,453 per sqft.
- Rented since May 2018 on 6 Ejari contracts. The rent fell from AED 125,000 to AED 73,000 in 2021 and recovered to AED 120,000 by May 2024.
- At AED 120,000 a year the gross yield on the 2016 price is 5.9%, before a service charge of about AED 18,900 a year (AED 13.49 per sqft).
Source: Dubai Land Department. Updated 20 May 2024.
Questions about 703, J8 - Al Sufouh
What did unit 703 last sell for?
AED 2,034,960 on 11 May 2016, sold by the developer: AED 1,453 per sqft for 1,400 sqft. It is the only registered sale of the unit.
What is the rent for unit 703?
AED 120,000 a year on the contract renewed on 20 May 2024. The previous contract, from May 2023, was AED 105,315; the unit has been rented since May 2018.
How big is unit 703?
1,400 sqft (130.1 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower completed in 2016.
What is unit 703 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 703, J8 - Al Sufouh
Starts from the last sale price (AED 2.03M, 11 May 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 2,034,960
- Deposit, UAE resident (20%)
- AED 406,992
- Deposit, non-resident (40%)
- AED 813,984
- Monthly over 25 years at 3.7%
- AED 8,326
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →