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2-bed · 1,722 sqftNewbridge Hills 2, Uptown Motorcity · 4th floor

404, Newbridge Hills 2

Sold prices and rental history: sold twice, last in November 2014, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 6 September 2016
Last soldAED 1.46M26 November 2014
Current rentAED 122K /yr6 September 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Newbridge Hills 2

What is 404 worth today?

Last sold for AED 1,463,700 in 2014

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6 Sep 2016RentedRenewal
AED 122,000/yr12 months · AED 71 per sqft
6 Sep 2015RentedNew contract
AED 122,000/yr12 months · AED 71 per sqft
26 Nov 2014SoldReady
AED 1,463,700AED 849 per sqft
7 May 2014RentedRenewal
AED 73,500/yr12 months · AED 43 per sqft
7 May 2013RentedRenewal
AED 70,000/yr12 months · AED 41 per sqft
7 May 2012RentedNew contract
AED 70,000/yr12 months · AED 41 per sqft
29 Mar 2011Sold by developerReady
AED 1,485,000AED 862 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 6 September 2016.

Key facts

Type
2-bed apartment
Size
1,722 sqft
Floor
4th of 11
Parking
169-170
Service charge
AED 22,400 /yr
Last sold
AED 1.46M · November 2014
Building
Newbridge Hills 2

About 404, Newbridge Hills 2

404 is a two-bedroom apartment of 1,722 sqft on the 4th floor of Newbridge Hills 2, a 11-storey tower in Uptown Motorcity. It last sold on 26 November 2014 for AED 1,463,700, or AED 849 per sqft.

It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, renewed on 6 September 2016, is AED 122,000 a year: a gross yield of 8.3% on the 2014 price, before the service charge of about AED 22,400 a year.

Sales and rents for 404 over time

Sales
Unit 404, each saleTypical two-bed in Newbridge Hills 2
1.4M1.6M2011201320152017Typical sale price by year: 2011 AED 1,600,000; 2014 AED 1,463,700; 2017 AED 1,325,000Sold by developer, March 2011: AED 1,485,000 (AED 862 per sqft)Sold, November 2014: AED 1,463,700 (AED 849 per sqft)

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

Rents
Unit 404, each contractTypical two-bed in Newbridge Hills 2
50K100K2012201620202024Typical rent by year: 2012 AED 73,500; 2013 AED 73,500; 2014 AED 75,000; 2015 AED 120,000; 2016 AED 122,000; 2017 AED 105,000; 2019 AED 95,000; 2020 AED 65,000; 2021 AED 60,000; 2022 AED 79,200; 2023 AED 85,050; 2024 AED 95,260; 2025 AED 110,750New contract, May 2012: AED 70,000 a yearRenewal, May 2013: AED 70,000 a yearRenewal, May 2014: AED 73,500 a yearNew contract, September 2015: AED 122,000 a yearRenewal, September 2016: AED 122,000 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 Newbridge Hills 2, and where 404 sits

All 9 2-beds →

Over the last 12 months two-beds sold for AED 1,400,000, around AED 852 per sqft, and rent for AED 95,291 to 130,000 a year. 404's AED 122,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
24 Jun 20251,780,000
9 Nov 20171,430,000
17 Aug 20171,360,000
7 Aug 20171,290,000
1 2-bed sale in the last 12 months

Newbridge Hills 2

Building

100 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%
Newbridge Hills 2, Uptown Motorcity: prices, sales and rents →

Other units on the 4th floor

All 100 units in Newbridge Hills 2
Value
4012-bedAED 1.46M · Nov 2014
402AED 1M · Mar 2011
4033-bedAED 1.9M · Aug 2024
405AED 1.02M · Mar 2011
406AED 2.2M · Mar 2011
407AED 1.55M · Mar 2011
408AED 2.2M · Mar 2011
1–7 of 9

404, Newbridge Hills 2 in numbers

  • Sold twice: first on 29 March 2011 for AED 1,485,000, last on 26 November 2014 for AED 1,463,700 (AED 849 per sqft).
  • Rented since May 2012 on 5 Ejari contracts, from AED 70,000 to AED 122,000 a year.
  • At AED 122,000 a year the gross yield on the 2014 price is 8.3%, before a service charge of about AED 22,400 a year (AED 12.98 per sqft).
  • Two-beds in Newbridge Hills 2 sold for AED 1,400,000–1,400,000 in the 12 months to November 2026; the building's median across all types is AED 852 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 6 September 2016.

Questions about 404, Newbridge Hills 2

What did unit 404 last sell for?

AED 1,463,700 on 26 November 2014: AED 849 per sqft for 1,722 sqft. The unit has 2 registered sales; the first was AED 1,485,000 in March 2011.

What is the rent for unit 404?

AED 122,000 a year on the contract renewed on 6 September 2016. The previous contract, from September 2015, was AED 122,000; the unit has been rented since May 2012.

How big is unit 404?

1,722 sqft (160.0 sqm): a two-bedroom apartment on the 4th floor of a 11-storey tower.

What is unit 404 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Newbridge Hills 2 sold for AED 1,400,000 to 1,400,000 in the last 12 months, around AED 852 per sqft.

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Mortgage on 404, Newbridge Hills 2

Starts from the last sale price (AED 1.46M, 26 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,463,700
Deposit, UAE resident (20%)
AED 292,740
Deposit, non-resident (40%)
AED 585,480
Monthly over 25 years at 3.7%
AED 5,988

Plus AED 66,485 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →