2-bed · 1,304 sqftSuburbia B, Jebel Ali Downtown · 16th floor · completed 2013

B1602, Suburbia B

Sold prices and rental history: sold once, by the developer in June 2009, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B1602 · DLD and Ejari recordsUpdated 22 February 2024
Last soldAED 2.41M18 June 2009
Current rentAED 42K /yr22 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B1602, Suburbia B

What is B1602 worth today?

Last sold for AED 2,413,000 in 2009

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22 Feb 2024RentedRenewal
AED 41,500/yr12 months · AED 32 per sqft
22 Feb 2024RentedRenewal
AED 41,500/yr12 months · AED 32 per sqft
22 Feb 2023RentedRenewal
AED 37,500/yr12 months · AED 29 per sqft
22 Feb 2021RentedNew contract
AED 35,000/yr12 months · AED 27 per sqft
18 Jul 2018RentedNew contract
AED 60,000/yr12 months · AED 46 per sqft
2 Mar 2017RentedNew contract
AED 75,000/yr12 months · AED 58 per sqft
25 Aug 2015RentedNew contract
AED 90,000/yr12 months · AED 69 per sqft
18 Jun 2009Sold by developerOff-plan
AED 2,413,000AED 1,850 per sqft

Source: Dubai Land Department. Updated 22 February 2024.

Key facts

Type
2-bed apartment
Size
1,304 sqft
Floor
16th of 17
Parking
B1-020
Developer
DAMAC
Completed
2013
Last sold
AED 2.41M · June 2009
Building
Suburbia B

About B1602, Suburbia B

B1602 is a two-bedroom apartment of 1,304 sqft on the 16th floor of Suburbia B, a 17-storey tower in Jebel Ali Downtown completed in 2013 by DAMAC. The developer sold it on 18 June 2009 for AED 2,413,000, or AED 1,850 per sqft, 54% above the AED 1,198 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 22 February 2024, is AED 41,500 a year: a gross yield of 1.7% on the 2009 price.

Sales and rents for B1602 over time

Sales
Unit B1602, each saleTypical two-bed in Suburbia B
1M2M20092013201720212025Typical sale price by year: 2009 AED 1,226,000; 2012 AED 817,165; 2013 AED 1,042,000; 2014 AED 1,098,698; 2016 AED 1,050,000; 2023 AED 810,920; 2024 AED 725,000Sold by developer, June 2009: AED 2,413,000 (AED 1,850 per sqft)

B1602 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit B1602, each contractTypical two-bed in Suburbia B
50K75K2014201820222026Typical rent by year: 2014 AED 82,500; 2015 AED 88,000; 2016 AED 83,500; 2017 AED 73,000; 2018 AED 63,500; 2019 AED 55,000; 2020 AED 48,000; 2021 AED 42,000; 2022 AED 46,500; 2023 AED 49,500; 2024 AED 64,000; 2025 AED 68,000; 2026 AED 71,000New contract, August 2015: AED 90,000 a yearNew contract, March 2017: AED 75,000 a yearNew contract, July 2018: AED 60,000 a yearNew contract, February 2021: AED 35,000 a yearRenewal, February 2023: AED 37,500 a yearRenewal, February 2024: AED 41,500 a yearRenewal, February 2024: AED 41,500 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 Suburbia B, and where B1602 sits

All 28 2-beds →

B1602 last sold in June 2009 at AED 1,850 per sqft, 54% above what two-beds in Suburbia B were fetching at the time (AED 1,198). Over the last 12 months two-beds sold for AED 850,000, around AED 651 per sqft, and rent for AED 54,574 to 75,000 a year. B1602's AED 41,500 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Apr 2025700,000
18 Dec 2024880,000
27 Nov 2024700,000
27 Aug 2024700,000
1 2-bed sale in the last 12 months

Suburbia B

Building

140 apartments, 1-bed to 3-bed over 17 floors in Jebel Ali Downtown, completed in 2013 by DAMAC. 10 sold in the last 12 months.

Typical price per sqft
AED 766 Up 12.0%
Typical sale
AED 565K
Typical rent
AED 58K /yr
Typical yield
9.6%
Suburbia B, Jebel Ali Downtown: prices, sales and rents →

Other units on the 16th floor

All 140 units in Suburbia B
Value
B16013-bedAED 1.01M · May 2014
B1603AED 530K · Dec 2025
B16041-bedAED 515K · May 2016
B16051-bedAED 800K · Dec 2013
B16061-bedAED 516K · Feb 2023
B16072-bedAED 700K · Nov 2024
B16081-bedAED 417K · Feb 2024
1–7 of 9

B1602, Suburbia B in numbers

  • Sold once: by DAMAC on 18 June 2009 for AED 2,413,000, or AED 1,850 per sqft.
  • Rented since August 2015 on 7 Ejari contracts. The rent fell from AED 90,000 to AED 35,000 in 2021 and recovered to AED 41,500 by February 2024.
  • At AED 41,500 a year the gross yield on the 2009 price is 1.7%.
  • Two-beds in Suburbia B sold for AED 850,000–850,000 in the 12 months to November 2026; the building's median across all types is AED 766 per sqft.

Source: Dubai Land Department. Updated 22 February 2024.

Questions about B1602, Suburbia B

What did unit B1602 last sell for?

AED 2,413,000 on 18 June 2009, sold by the developer: AED 1,850 per sqft for 1,304 sqft. It is the only registered sale of the unit.

What is the rent for unit B1602?

AED 41,500 a year on the contract renewed on 22 February 2024. The previous contract, from February 2024, was AED 41,500; the unit has been rented since August 2015.

How big is unit B1602?

1,304 sqft (121.1 sqm): a two-bedroom apartment on the 16th floor of a 17-storey tower completed in 2013.

What is unit B1602 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Suburbia B sold for AED 850,000 to 850,000 in the last 12 months, around AED 651 per sqft.

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Mortgage on B1602, Suburbia B

Starts from the last sale price (AED 2.41M, 18 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 2,413,000
Deposit, UAE resident (20%)
AED 482,600
Deposit, non-resident (40%)
AED 965,200
Monthly over 25 years at 3.7%
AED 9,872

Plus AED 106,356 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →