3-bed · 1,920 sqftVictoria Residency, Al Furjan · 10th floor · completed 2018

1001, Victoria Residency

Sold prices and rental history: sold once, by the developer in April 2024, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1001 · DLD and Ejari recordsUpdated 1 April 2024
Last soldAED 1.8M1 April 2024
Current rentAED 88K /yr15 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1001, Victoria Residency

What is 1001 worth today?

Last sold for AED 1,800,000 in 2024

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1 Apr 2024Sold by developerReady
AED 1,800,000AED 937 per sqft
15 Jun 2022RentedRenewal
AED 88,000/yr12 months · AED 46 per sqft
15 Jun 2021RentedNew contract
AED 80,000/yr12 months · AED 42 per sqft
15 Nov 2019RentedNew contract
AED 100,000/yr12 months · AED 52 per sqft

Source: Dubai Land Department. Updated 1 April 2024.

Key facts

Type
3-bed apartment
Size
1,920 sqft
Floor
10th of 10
Parking
G-52, G-53
Developer
CPL Real Estate Development
Completed
2018
Service charge
AED 31,200 /yr
Last sold
AED 1.8M · April 2024

About 1001, Victoria Residency

1001 is a three-bedroom apartment of 1,920 sqft on the 10th floor of Victoria Residency, a 10-storey tower in Al Furjan completed in 2018 by CPL Real Estate Development . The developer sold it on 1 April 2024 for AED 1,800,000, or AED 937 per sqft, in line with the AED 937 three-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 15 June 2022, is AED 88,000 a year: a gross yield of 4.9% on the 2024 price, before the service charge of about AED 31,200 a year.

Sales and rents for 1001 over time

Sales
Unit 1001, each saleTypical three-bed in Victoria Residency
2M2017202020232026Typical sale price by year: 2017 AED 1,661,335; 2024 AED 1,870,000; 2025 AED 2,330,000Sold by developer, April 2024: AED 1,800,000 (AED 937 per sqft)

1001 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1001, each contractTypical three-bed in Victoria Residency
100K150K20192021202320252027Typical rent by year: 2019 AED 95,000; 2020 AED 88,500; 2021 AED 85,000; 2022 AED 89,250; 2023 AED 100,000; 2024 AED 120,000; 2025 AED 157,500; 2026 AED 155,000New contract, November 2019: AED 100,000 a yearNew contract, June 2021: AED 80,000 a yearRenewal, June 2022: AED 88,000 a year

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

3-beds in Victoria Residency, and where 1001 sits

All 26 3-beds →

1001 last sold in April 2024 at AED 937 per sqft, in line with what three-beds in Victoria Residency were fetching at the time (AED 937). Over the last 12 months three-beds sold for AED 2,290,000 to 2,425,000, around AED 1,202 per sqft, and rent for AED 100,000 to 165,000 a year. 1001's AED 88,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
16 Jan 20262,300,000
16 Dec 20252,425,000
17 Nov 20252,290,000
2 Jul 20252,500,000
3 3-bed sales in the last 12 months

Victoria Residency

Building

103 apartments, 1-bed to 4-bed over 10 floors in Al Furjan, completed in 2018 by CPL Real Estate Development . 5 sold in the last 12 months.

Typical price per sqft
AED 1,196
Typical sale
AED 2.29M
Typical rent
AED 75K /yr
Typical yield
6.1%
Victoria Residency, Al Furjan: prices, sales and rents →

Other units on the 10th floor

All 103 units in Victoria Residency
Value
10022-bedNo registered sale
10032-bedAED 1.38M · Apr 2024
10042-bedAED 1.38M · Jul 2024
10053-bedAED 1.87M · Mar 2024
10064-bedNo registered sale

1001, Victoria Residency in numbers

  • Sold once: by CPL Real Estate Development on 1 April 2024 for AED 1,800,000, or AED 937 per sqft.
  • Rented since November 2019 on 3 Ejari contracts, from AED 100,000 to AED 88,000 a year.
  • At AED 88,000 a year the gross yield on the 2024 price is 4.9%, before a service charge of about AED 31,200 a year (AED 16.25 per sqft).
  • Three-beds in Victoria Residency sold for AED 2,290,000–2,425,000 in the 12 months to November 2026; the building's median across all types is AED 1,196 per sqft.

Source: Dubai Land Department. Updated 1 April 2024.

Questions about 1001, Victoria Residency

What did unit 1001 last sell for?

AED 1,800,000 on 1 April 2024, sold by the developer: AED 937 per sqft for 1,920 sqft. It is the only registered sale of the unit.

What is the rent for unit 1001?

AED 88,000 a year on the contract renewed on 15 June 2022. The previous contract, from June 2021, was AED 80,000; the unit has been rented since November 2019.

How big is unit 1001?

1,920 sqft (178.4 sqm): a three-bedroom apartment on the 10th floor of a 10-storey tower completed in 2018.

What is unit 1001 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Victoria Residency sold for AED 2,290,000 to 2,425,000 in the last 12 months, around AED 1,202 per sqft.

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Mortgage on 1001, Victoria Residency

Starts from the last sale price (AED 1.8M, 1 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →