1002, Newbridge Hills 2
Sold prices and rental history: sold once, by the developer in March 2011, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1002, Newbridge Hills 2
What is 1002 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 15 July 2024.
Key facts
- Type
- Apartment
- Size
- 1,464 sqft
- Floor
- 10th of 11
- Parking
- 486
- Service charge
- AED 19,000 /yr
- Last sold
- AED 1.31M · March 2011
- Building
- Newbridge Hills 2
About 1002, Newbridge Hills 2
1002 is an apartment of 1,464 sqft on the 10th floor of Newbridge Hills 2, a 11-storey tower in Uptown Motorcity. The developer sold it on 27 March 2011 for AED 1,313,000, or AED 896 per sqft.
It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, renewed on 15 July 2024, is AED 56,925 a year: a gross yield of 4.3% on the 2011 price, before the service charge of about AED 19,000 a year.
Newbridge Hills 2
Building100 apartments, 1-bed to 3-bed over 11 floors in Uptown Motorcity. 1 sold in the last 12 months.
- Typical price per sqft
- AED 852
- Typical sale
- AED 1.4M
- Typical rent
- AED 104K /yr
- Typical yield
- 6.2%
Other units on the 10th floor
All 100 units in Newbridge Hills 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 2,930 sqft | AED 2.56MAED 2,564,000 · Mar 2011March 2011 | 114,616 /yr | ||
| 1003 | 2,198 sqft | AED 1.95MAED 1,945,000 · Mar 2011March 2011 | 93,713 /yr | ||
| 1004 | 1,464 sqft | AED 1.31MAED 1,313,000 · Mar 2011March 2011 | 62,888 /yr | ||
| 1005 | 2,198 sqft | AED 1.96MAED 1,960,000 · Mar 2011March 2011 | 95,034 /yr | ||
| 1006 | 2,033 sqft | AED 1.79MAED 1,789,000 · Mar 2011March 2011 | 120,000 /yr | ||
| 1007 | 1,442 sqft | AED 1.27MAED 1,268,000 · Mar 2011March 2011 | 61,366 /yr | ||
| 1008 | 2,033 sqft | AED 1.79MAED 1,789,000 · Mar 2011March 2011 | 95,034 /yr | ||
| 1009 | 1,442 sqft | AED 1.27MAED 1,268,000 · Mar 2011March 2011 | 58,080 /yr | ||
| 1010 | 3-bed | 2,533 sqft | AED 2.12MAED 2,115,055 · Jun 2015June 2015 | 108,824 /yr |
1002, Newbridge Hills 2 in numbers
- Sold once: by the developer on 27 March 2011 for AED 1,313,000, or AED 896 per sqft.
- Rented since November 2012 on 7 Ejari contracts. The rent fell from AED 54,000 to AED 42,000 in 2021 and recovered to AED 56,925 by July 2024.
- At AED 56,925 a year the gross yield on the 2011 price is 4.3%, before a service charge of about AED 19,000 a year (AED 12.98 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 15 July 2024.
Questions about 1002, Newbridge Hills 2
What did unit 1002 last sell for?
AED 1,313,000 on 27 March 2011, sold by the developer: AED 896 per sqft for 1,464 sqft. It is the only registered sale of the unit.
What is the rent for unit 1002?
AED 56,925 a year on the contract renewed on 15 July 2024. The previous contract, from July 2023, was AED 49,500; the unit has been rented since November 2012.
How big is unit 1002?
1,464 sqft (136.0 sqm): an apartment on the 10th floor of a 11-storey tower.
What is unit 1002 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 1002, Newbridge Hills 2
Starts from the last sale price (AED 1.31M, 27 March 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,313,000
- Deposit, UAE resident (20%)
- AED 262,600
- Deposit, non-resident (40%)
- AED 525,200
- Monthly over 25 years at 3.7%
- AED 5,372
Plus AED 60,156 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →