3-bed · 1,969 sqftVictoria Residency, Al Furjan · 3rd floor · completed 2018

308, Victoria Residency

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

Unit 308 · DLD and Ejari recordsUpdated 12 November 2024
Last soldAED 2.2M12 November 2024
Current rentAED 88K /yr15 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Victoria Residency

What is 308 worth today?

Last sold for AED 2,200,000 in 2024

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12 Nov 2024Sold by developerReady
AED 2,200,000AED 1,117 per sqft
15 Sep 2022RentedRenewal
AED 88,200/yr12 months · AED 45 per sqft
15 Sep 2021RentedRenewal
AED 84,000/yr12 months · AED 43 per sqft
15 Sep 2020RentedNew contract
AED 84,000/yr12 months · AED 43 per sqft
1 Aug 2019RentedNew contract
AED 95,000/yr12 months · AED 48 per sqft

Source: Dubai Land Department. Updated 12 November 2024.

Key facts

Type
3-bed apartment
Size
1,969 sqft
Floor
3rd of 10
Parking
G-46, G-47
Developer
CPL Real Estate Development
Completed
2018
Service charge
AED 32,000 /yr
Last sold
AED 2.2M · November 2024

About 308, Victoria Residency

308 is a three-bedroom apartment of 1,969 sqft on the 3rd floor of Victoria Residency, a 10-storey tower in Al Furjan completed in 2018 by CPL Real Estate Development . The developer sold it on 12 November 2024 for AED 2,200,000, or AED 1,117 per sqft, 16% above the AED 962 three-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 15 September 2022, is AED 88,200 a year: a gross yield of 4.0% on the 2024 price, before the service charge of about AED 32,000 a year.

Sales and rents for 308 over time

Sales
Unit 308, 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, November 2024: AED 2,200,000 (AED 1,117 per sqft)

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

Rents
Unit 308, 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, August 2019: AED 95,000 a yearNew contract, September 2020: AED 84,000 a yearRenewal, September 2021: AED 84,000 a yearRenewal, September 2022: AED 88,200 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 308 sits

All 26 3-beds →

308 last sold in November 2024 at AED 1,117 per sqft, 16% above what three-beds in Victoria Residency were fetching at the time (AED 962). 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. 308's AED 88,200 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 3rd floor

All 103 units in Victoria Residency
Value
3013-bedAED 1.8M · Feb 2024
3022-bedAED 1.36M · Feb 2024
3032-bedAED 1.28M · Feb 2024
3042-bedAED 1.38M · Mar 2024
3051-bedAED 910K · Apr 2024
3061-bedAED 1.12M · Mar 2025
3071-bedAED 810K · Sep 2023
1–7 of 10

308, Victoria Residency in numbers

  • Sold once: by CPL Real Estate Development on 12 November 2024 for AED 2,200,000, or AED 1,117 per sqft.
  • Rented since August 2019 on 4 Ejari contracts, from AED 95,000 to AED 88,200 a year.
  • At AED 88,200 a year the gross yield on the 2024 price is 4.0%, before a service charge of about AED 32,000 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 12 November 2024.

Questions about 308, Victoria Residency

What did unit 308 last sell for?

AED 2,200,000 on 12 November 2024, sold by the developer: AED 1,117 per sqft for 1,969 sqft. It is the only registered sale of the unit.

What is the rent for unit 308?

AED 88,200 a year on the contract renewed on 15 September 2022. The previous contract, from September 2021, was AED 84,000; the unit has been rented since August 2019.

How big is unit 308?

1,969 sqft (182.9 sqm): a three-bedroom apartment on the 3rd floor of a 10-storey tower completed in 2018.

What is unit 308 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 308, Victoria Residency

Starts from the last sale price (AED 2.2M, 12 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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