Studio · 407 sqftKappa Acca 3, Dubai South · 4th floor · completed 2019

408, Kappa Acca 3

Sold prices and rental history: sold once, by the developer in March 2024, and rented once, from March 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 15 March 2025
Last soldAED 610K31 March 2024
Current rentAED 36K /yr15 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Kappa Acca 3

What is 408 worth today?

Last sold for AED 610,000 in 2024

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15 Mar 2025RentedNew contract
AED 36,000/yr12 months · AED 88 per sqft
31 Mar 2024Sold by developerReady
AED 610,000AED 1,498 per sqft

Source: Dubai Land Department. Updated 15 March 2025.

Key facts

Type
Studio apartment
Size
407 sqft
Floor
4th of 4
Parking
G-23
Developer
Kappa Acca Real Estate Development
Completed
2019
Service charge
AED 7,100 /yr
Last sold
AED 610K · March 2024
Building
Kappa Acca 3

About 408, Kappa Acca 3

408 is a studio of 407 sqft on the 4th floor of Kappa Acca 3, a 4-storey tower in Dubai South completed in 2019 by Kappa Acca Real Estate Development. The developer sold it on 31 March 2024 for AED 610,000, or AED 1,498 per sqft, 22% above the AED 1,231 studios in the building were fetching at the time.

One Ejari contract is registered, from 15 March 2025. The current contract, signed on 15 March 2025, is AED 36,000 a year: a gross yield of 5.9% on the 2024 price, before the service charge of about AED 7,100 a year.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical studio in Kappa Acca 3
400K600K2019202120232025Typical sale price by year: 2019 AED 467,500; 2020 AED 510,000; 2023 AED 620,000; 2024 AED 399,000; 2025 AED 460,500Sold by developer, March 2024: AED 610,000 (AED 1,498 per sqft)

408 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 408, each contractTypical studio in Kappa Acca 3
20K30K40K2020202220242026Typical rent by year: 2020 AED 20,000; 2021 AED 23,000; 2022 AED 23,500; 2023 AED 28,000; 2024 AED 36,000; 2025 AED 38,000; 2026 AED 40,500New contract, March 2025: AED 36,000 a year

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

Studios in Kappa Acca 3, and where 408 sits

All 45 studios →

408 last sold in March 2024 at AED 1,498 per sqft, 22% above what studios in Kappa Acca 3 were fetching at the time (AED 1,231). Over the last 12 months studios sold for AED 443,000 to 445,000, around AED 1,102 per sqft, and rent for AED 28,000 to 44,000 a year. 408's AED 36,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
18 Dec 2025445,000
10 Dec 2025443,000
1 Nov 2025430,000
19 Oct 2025410,000
2 studio sales in the last 12 months

Kappa Acca 3

Building

81 apartments, studios to 2-bed over 4 floors in Dubai South, completed in 2019 by Kappa Acca Real Estate Development. 5 sold in the last 12 months.

Typical price per sqft
AED 1,059
Typical sale
AED 660K
Typical rent
AED 42K /yr
Typical yield
8.7%
Kappa Acca 3, Dubai South: prices, sales and rents →

Other units on the 4th floor

All 81 units in Kappa Acca 3
Value
4011-bedNo registered sale
4022-bedAED 755K · Jun 2024
403StudioAED 395K · Oct 2023
404StudioAED 470K · Feb 2020
405StudioAED 470K · Feb 2020
406StudioAED 620K · Jan 2022
407StudioAED 349K · Jun 2024
1–7 of 17

408, Kappa Acca 3 in numbers

  • Sold once: by Kappa Acca Real Estate Development on 31 March 2024 for AED 610,000, or AED 1,498 per sqft.
  • Rented since March 2025 on one Ejari contract, at AED 36,000 a year.
  • At AED 36,000 a year the gross yield on the 2024 price is 5.9%, before a service charge of about AED 7,100 a year (AED 17.52 per sqft).
  • Studios in Kappa Acca 3 sold for AED 443,000–445,000 in the 12 months to November 2026; the building's median across all types is AED 1,059 per sqft.

Source: Dubai Land Department. Updated 15 March 2025.

Questions about 408, Kappa Acca 3

What did unit 408 last sell for?

AED 610,000 on 31 March 2024, sold by the developer: AED 1,498 per sqft for 407 sqft. It is the only registered sale of the unit.

What is the rent for unit 408?

AED 36,000 a year on the contract signed on 15 March 2025.

How big is unit 408?

407 sqft (37.8 sqm): a studio on the 4th floor of a 4-storey tower completed in 2019.

What is unit 408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Kappa Acca 3 sold for AED 443,000 to 445,000 in the last 12 months, around AED 1,102 per sqft.

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Mortgage on 408, Kappa Acca 3

Starts from the last sale price (AED 610K, 31 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 610,000
Deposit, UAE resident (20%)
AED 122,000
Deposit, non-resident (40%)
AED 244,000
Monthly over 25 years at 3.7%
AED 2,496

Plus AED 30,630 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →