1-bed · 817 sqftVictoria Residency, Al Furjan · 4th floor · completed 2018

407, Victoria Residency

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

Unit 407 · DLD and Ejari recordsUpdated 30 May 2024
Last soldAED 800K30 May 2024
Current rentAED 52K /yr7 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Victoria Residency

What is 407 worth today?

Last sold for AED 800,000 in 2024

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30 May 2024SoldReady
AED 800,000AED 978 per sqft
7 Oct 2023RentedNew contract
AED 52,000/yr12 months · AED 64 per sqft
7 Jan 2022RentedNew contract
AED 50,000/yr12 months · AED 61 per sqft
20 Sep 2020RentedRenewal
AED 45,500/yr12 months · AED 56 per sqft
20 Sep 2019RentedNew contract
AED 48,000/yr12 months · AED 59 per sqft
12 Mar 2017Sold by developerOff-plan
AED 771,674AED 944 per sqft

Source: Dubai Land Department. Updated 30 May 2024.

Key facts

Type
1-bed apartment
Size
817 sqft
Floor
4th of 10
Parking
P-4
Developer
CPL Real Estate Development
Completed
2018
Service charge
AED 13,300 /yr
Last sold
AED 800K · May 2024

About 407, Victoria Residency

407 is a one-bedroom apartment of 817 sqft on the 4th floor of Victoria Residency, a 10-storey tower in Al Furjan completed in 2018 by CPL Real Estate Development . It last sold on 30 May 2024 for AED 800,000, or AED 978 per sqft, 5% above the AED 933 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 7 October 2023, is AED 52,000 a year: a gross yield of 6.5% on the 2024 price, before the service charge of about AED 13,300 a year.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical one-bed in Victoria Residency
800K1M2017202020232026Typical sale price by year: 2017 AED 792,680; 2019 AED 750,000; 2023 AED 710,000; 2024 AED 880,000; 2025 AED 1,120,000Sold by developer, March 2017: AED 771,674 (AED 944 per sqft)Sold, May 2024: AED 800,000 (AED 978 per sqft)

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

Rents
Unit 407, each contractTypical one-bed in Victoria Residency
60K2018202120242027Typical rent by year: 2018 AED 60,000; 2019 AED 55,000; 2020 AED 50,000; 2021 AED 45,000; 2022 AED 49,500; 2023 AED 54,300; 2024 AED 60,000; 2025 AED 72,000; 2026 AED 71,000New contract, September 2019: AED 48,000 a yearRenewal, September 2020: AED 45,500 a yearNew contract, January 2022: AED 50,000 a yearNew contract, October 2023: AED 52,000 a year

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

1-beds in Victoria Residency, and where 407 sits

All 35 1-beds →

407 last sold in May 2024 at AED 978 per sqft, 5% above what one-beds in Victoria Residency were fetching at the time (AED 933). Over the last 12 months one-beds sold for AED 1,100,000, around AED 1,156 per sqft, and rent for AED 48,000 to 84,000 a year. 407's AED 52,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
11 Dec 20251,100,000
17 Jun 20251,150,000
9 Jun 2025975,000
22 May 20251,150,000
1 1-bed sale 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 4th floor

All 103 units in Victoria Residency
Value
4013-bedAED 1.7M · Nov 2017
4022-bedAED 1.22M · Mar 2017
4032-bedAED 1.16M · May 2017
404AED 1.07M · Aug 2023
4051-bedAED 975K · Jun 2025
4061-bedAED 826K · Feb 2017
4083-bedAED 2M · Sep 2024
1–7 of 10

407, Victoria Residency in numbers

  • Sold twice: first on 12 March 2017 for AED 771,674, last on 30 May 2024 for AED 800,000 (AED 978 per sqft).
  • Rented since September 2019 on 4 Ejari contracts, from AED 48,000 to AED 52,000 a year.
  • At AED 52,000 a year the gross yield on the 2024 price is 6.5%, before a service charge of about AED 13,300 a year (AED 16.25 per sqft).
  • One-beds in Victoria Residency sold for AED 1,100,000–1,100,000 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 30 May 2024.

Questions about 407, Victoria Residency

What did unit 407 last sell for?

AED 800,000 on 30 May 2024: AED 978 per sqft for 817 sqft. The unit has 2 registered sales; the first was AED 771,674 in March 2017.

What is the rent for unit 407?

AED 52,000 a year on the contract signed on 7 October 2023. The previous contract, from January 2022, was AED 50,000; the unit has been rented since September 2019.

How big is unit 407?

817 sqft (75.9 sqm): a one-bedroom apartment on the 4th floor of a 10-storey tower completed in 2018.

What is unit 407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Victoria Residency sold for AED 1,100,000 to 1,100,000 in the last 12 months, around AED 1,156 per sqft.

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Mortgage on 407, Victoria Residency

Starts from the last sale price (AED 800K, 30 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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