3-bed · 1,967 sqftVictoria Residency, Al Furjan · 4th floor · completed 2018

409, Victoria Residency

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

Unit 409 · DLD and Ejari recordsUpdated 27 September 2024
Last soldAED 1.8M27 September 2024
Current rentAED 115K /yr6 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Victoria Residency

What is 409 worth today?

Last sold for AED 1,800,000 in 2024

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27 Sep 2024SoldReady
AED 1,800,000AED 915 per sqft
6 Jun 2023RentedNew contract
AED 115,000/yr12 months · AED 58 per sqft
6 Jun 2022RentedRenewal
AED 95,000/yr12 months · AED 48 per sqft
22 May 2021RentedNew contract
AED 85,000/yr12 months · AED 43 per sqft
1 Jun 2020RentedRenewal
AED 80,000/yr12 months · AED 41 per sqft
1 Jun 2019RentedNew contract
AED 80,000/yr12 months · AED 41 per sqft
30 Mar 2017Sold by developerOff-plan
AED 1,700,518AED 864 per sqft

Source: Dubai Land Department. Updated 27 September 2024.

Key facts

Type
3-bed apartment
Size
1,967 sqft
Floor
4th of 10
Parking
P-77, P-78
Developer
CPL Real Estate Development
Completed
2018
Service charge
AED 32,000 /yr
Last sold
AED 1.8M · September 2024

About 409, Victoria Residency

409 is a three-bedroom apartment of 1,967 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 27 September 2024 for AED 1,800,000, or AED 915 per sqft, 5% below the AED 959 three-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 6 June 2023, is AED 115,000 a year: a gross yield of 6.4% on the 2024 price, before the service charge of about AED 32,000 a year.

Sales and rents for 409 over time

Sales
Unit 409, 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 2017: AED 1,700,518 (AED 864 per sqft)Sold, September 2024: AED 1,800,000 (AED 915 per sqft)

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

Rents
Unit 409, 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, June 2019: AED 80,000 a yearRenewal, June 2020: AED 80,000 a yearNew contract, May 2021: AED 85,000 a yearRenewal, June 2022: AED 95,000 a yearNew contract, June 2023: AED 115,000 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 409 sits

All 26 3-beds →

409 last sold in September 2024 at AED 915 per sqft, 5% below what three-beds in Victoria Residency were fetching at the time (AED 959). 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. 409's AED 115,000 is in the lower half 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 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
4071-bedAED 800K · May 2024
1–7 of 10

409, Victoria Residency in numbers

  • Sold twice: first on 30 March 2017 for AED 1,700,518, last on 27 September 2024 for AED 1,800,000 (AED 915 per sqft).
  • Rented since June 2019 on 5 Ejari contracts, from AED 80,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2024 price is 6.4%, 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 27 September 2024.

Questions about 409, Victoria Residency

What did unit 409 last sell for?

AED 1,800,000 on 27 September 2024: AED 915 per sqft for 1,967 sqft. The unit has 2 registered sales; the first was AED 1,700,518 in March 2017.

What is the rent for unit 409?

AED 115,000 a year on the contract signed on 6 June 2023. The previous contract, from June 2022, was AED 95,000; the unit has been rented since June 2019.

How big is unit 409?

1,967 sqft (182.7 sqm): a three-bedroom apartment on the 4th floor of a 10-storey tower completed in 2018.

What is unit 409 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 409, Victoria Residency

Starts from the last sale price (AED 1.8M, 27 September 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 →