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1-bed · 709 sqftSuburbia Podium, Jebel Ali Downtown · 1st floor · completed 2013

P116, Suburbia Podium

Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P116 · DLD and Ejari recordsUpdated 29 March 2024
Last soldAED 430K29 March 2024
Current rentAED 34K /yr1 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for P116, Suburbia Podium

What is P116 worth today?

Last sold for AED 430,000 in 2024

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29 Mar 2024SoldReady
AED 430,000AED 606 per sqft
1 Jul 2023RentedRenewal
AED 34,000/yr12 months · AED 48 per sqft
1 Jul 2021RentedNew contract
AED 29,000/yr12 months · AED 41 per sqft
1 Jun 2020RentedNew contract
AED 30,000/yr12 months · AED 42 per sqft
1 Jan 2018RentedNew contract
AED 49,866/yr12 months · AED 70 per sqft
1 Nov 2015RentedNew contract
AED 58,000/yr12 months · AED 82 per sqft
31 May 2015Sold by developerReady
AED 1,000,000AED 1,410 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 29 March 2024.

Key facts

Type
1-bed apartment
Size
709 sqft
Floor
1st of 3
Parking
M-094
Developer
DAMAC
Completed
2013
Service charge
AED 10,700 /yr
Last sold
AED 430K · March 2024
Building
Suburbia Podium

About P116, Suburbia Podium

P116 is a one-bedroom apartment of 709 sqft on the 1st floor of Suburbia Podium, a 3-storey tower in Jebel Ali Downtown completed in 2013 by DAMAC. It last sold on 29 March 2024 for AED 430,000, or AED 606 per sqft, in line with the AED 590 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, renewed on 1 July 2023, is AED 34,000 a year: a gross yield of 7.9% on the 2024 price, before the service charge of about AED 10,700 a year.

Sales and rents for P116 over time

Sales
Unit P116, each saleTypical one-bed in Suburbia Podium
500K1M2009201420192024Typical sale price by year: 2009 AED 683,100; 2012 AED 443,750; 2013 AED 675,900; 2014 AED 837,540; 2015 AED 825,068; 2016 AED 810,750; 2017 AED 560,000; 2018 AED 500,000; 2022 AED 381,750; 2023 AED 400,000; 2024 AED 427,302; 2025 AED 522,500Sold by developer, May 2015: AED 1,000,000 (AED 1,410 per sqft)Sold, March 2024: AED 430,000 (AED 606 per sqft)

P116 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit P116, each contractTypical one-bed in Suburbia Podium
40K60K20142017202020232026Typical rent by year: 2014 AED 64,000; 2015 AED 62,500; 2016 AED 61,000; 2017 AED 56,000; 2018 AED 50,000; 2019 AED 38,000; 2020 AED 33,000; 2021 AED 29,000; 2022 AED 32,000; 2023 AED 37,000; 2024 AED 45,000; 2025 AED 50,000New contract, November 2015: AED 58,000 a yearNew contract, January 2018: AED 49,866 a yearNew contract, June 2020: AED 30,000 a yearNew contract, July 2021: AED 29,000 a yearRenewal, July 2023: AED 34,000 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 Suburbia Podium, and where P116 sits

All 44 1-beds →

P116 last sold in March 2024 at AED 606 per sqft, in line with what one-beds in Suburbia Podium were fetching at the time (AED 590). Over the last 12 months one-beds sold for AED 510,000 to 617,249, around AED 744 per sqft, and rent for AED 50,000 to 65,000 a year. P116's AED 34,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
19 Jan 2026510,000
8 Dec 2025520,000
8 Dec 2025520,000
22 Jul 2025550,000
6 1-bed sales in the last 12 months

Suburbia Podium

Building

81 apartments, studios to 4-bed over 3 floors in Jebel Ali Downtown, completed in 2013 by DAMAC. 9 sold in the last 12 months.

Typical price per sqft
AED 760
Typical sale
AED 520K
Typical rent
AED 54K /yr
Typical yield
9.9%
Suburbia Podium, Jebel Ali Downtown: prices, sales and rents →

Other units on the 1st floor

All 81 units in Suburbia Podium
Value
P1011-bedAED 1.18M · Oct 2013
P101AStudioAED 297K · Dec 2025
P102AED 530K · Dec 2025
P1031-bedAED 310K · Dec 2020
P1042-bedAED 1.32M · Mar 2014
P1051-bedAED 803K · May 2014
P105AStudioAED 336K · Dec 2025
1–7 of 33

P116, Suburbia Podium in numbers

  • Sold twice: first on 31 May 2015 for AED 1,000,000, last on 29 March 2024 for AED 430,000 (AED 606 per sqft).
  • Rented since November 2015 on 5 Ejari contracts. The rent fell from AED 58,000 to AED 29,000 in 2021 and recovered to AED 34,000 by July 2023.
  • At AED 34,000 a year the gross yield on the 2024 price is 7.9%, before a service charge of about AED 10,700 a year (AED 15.04 per sqft).
  • One-beds in Suburbia Podium sold for AED 510,000–617,249 in the 12 months to November 2026; the building's median across all types is AED 760 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 29 March 2024.

Questions about P116, Suburbia Podium

What did unit P116 last sell for?

AED 430,000 on 29 March 2024: AED 606 per sqft for 709 sqft. The unit has 2 registered sales; the first was AED 1,000,000 in May 2015.

What is the rent for unit P116?

AED 34,000 a year on the contract renewed on 1 July 2023. The previous contract, from July 2021, was AED 29,000; the unit has been rented since November 2015.

How big is unit P116?

709 sqft (65.9 sqm): a one-bedroom apartment on the 1st floor of a 3-storey tower completed in 2013.

What is unit P116 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Suburbia Podium sold for AED 510,000 to 617,249 in the last 12 months, around AED 744 per sqft.

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Mortgage on P116, Suburbia Podium

Starts from the last sale price (AED 430K, 29 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 430,000
Deposit, UAE resident (20%)
AED 86,000
Deposit, non-resident (40%)
AED 172,000
Monthly over 25 years at 3.7%
AED 1,759

Plus AED 20,970 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →