3-bed · 1,857 sqftVictoria Residency, Al Furjan · 10th floor · completed 2018

1005, Victoria Residency

Sold prices and rental history: sold once, by the developer in March 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1005 · DLD and Ejari recordsUpdated 6 March 2024
Last soldAED 1.87M6 March 2024
Current rentAED 95K /yr15 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1005, Victoria Residency

What is 1005 worth today?

Last sold for AED 1,870,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

6 Mar 2024Sold by developerReady
AED 1,870,000AED 1,007 per sqft
15 Dec 2022RentedRenewal
AED 95,000/yr12 months · AED 51 per sqft
15 Dec 2021RentedRenewal
AED 89,250/yr12 months · AED 48 per sqft
15 Dec 2020RentedNew contract
AED 85,000/yr12 months · AED 46 per sqft

Source: Dubai Land Department. Updated 6 March 2024.

Key facts

Type
3-bed apartment
Size
1,857 sqft
Floor
10th of 10
Parking
G-20, G-21
Developer
CPL Real Estate Development
Completed
2018
Service charge
AED 30,200 /yr
Last sold
AED 1.87M · March 2024

About 1005, Victoria Residency

1005 is a three-bedroom apartment of 1,857 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 6 March 2024 for AED 1,870,000, or AED 1,007 per sqft, 8% above the AED 934 three-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 15 December 2022, is AED 95,000 a year: a gross yield of 5.1% on the 2024 price, before the service charge of about AED 30,200 a year.

Sales and rents for 1005 over time

Sales
Unit 1005, 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, March 2024: AED 1,870,000 (AED 1,007 per sqft)

1005 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1005, 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, December 2020: AED 85,000 a yearRenewal, December 2021: AED 89,250 a yearRenewal, December 2022: AED 95,000 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 1005 sits

All 26 3-beds →

1005 last sold in March 2024 at AED 1,007 per sqft, 8% above what three-beds in Victoria Residency were fetching at the time (AED 934). 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. 1005's AED 95,000 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
10013-bedAED 1.8M · Apr 2024
10022-bedNo registered sale
10032-bedAED 1.38M · Apr 2024
10042-bedAED 1.38M · Jul 2024
10064-bedNo registered sale

1005, Victoria Residency in numbers

  • Sold once: by CPL Real Estate Development on 6 March 2024 for AED 1,870,000, or AED 1,007 per sqft.
  • Rented since December 2020 on 3 Ejari contracts, from AED 85,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2024 price is 5.1%, before a service charge of about AED 30,200 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 6 March 2024.

Questions about 1005, Victoria Residency

What did unit 1005 last sell for?

AED 1,870,000 on 6 March 2024, sold by the developer: AED 1,007 per sqft for 1,857 sqft. It is the only registered sale of the unit.

What is the rent for unit 1005?

AED 95,000 a year on the contract renewed on 15 December 2022. The previous contract, from December 2021, was AED 89,250; the unit has been rented since December 2020.

How big is unit 1005?

1,857 sqft (172.5 sqm): a three-bedroom apartment on the 10th floor of a 10-storey tower completed in 2018.

What is unit 1005 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.

Selling 1005? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1005, Victoria Residency

Starts from the last sale price (AED 1.87M, 6 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,870,000
Deposit, UAE resident (20%)
AED 374,000
Deposit, non-resident (40%)
AED 748,000
Monthly over 25 years at 3.7%
AED 7,651

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