2-bed · 1,195 sqftVictoria Residency, Al Furjan · 9th floor · completed 2018

903, Victoria Residency

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

Unit 903 · DLD and Ejari recordsUpdated 25 May 2024
Last soldAED 1.21M22 February 2024
Current rentAED 90K /yr25 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 903, Victoria Residency

What is 903 worth today?

Last sold for AED 1,205,000 in 2024

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25 May 2024RentedNew contract
AED 90,000/yr12 months · AED 75 per sqft
22 Feb 2024Sold by developerReady
AED 1,205,000AED 1,008 per sqft
27 Mar 2023RentedRenewal
AED 69,300/yr12 months · AED 58 per sqft
27 Mar 2022RentedRenewal
AED 66,000/yr12 months · AED 55 per sqft
27 Mar 2021RentedNew contract
AED 60,000/yr12 months · AED 50 per sqft
1 May 2020RentedNew contract
AED 70,000/yr12 months · AED 59 per sqft

Source: Dubai Land Department. Updated 25 May 2024.

Key facts

Type
2-bed apartment
Size
1,195 sqft
Floor
9th of 10
Parking
G-30, G-31
Developer
CPL Real Estate Development
Completed
2018
Service charge
AED 19,400 /yr
Last sold
AED 1.21M · February 2024

About 903, Victoria Residency

903 is a two-bedroom apartment of 1,195 sqft on the 9th floor of Victoria Residency, a 10-storey tower in Al Furjan completed in 2018 by CPL Real Estate Development . The developer sold it on 22 February 2024 for AED 1,205,000, or AED 1,008 per sqft, 9% above the AED 923 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 25 May 2024, is AED 90,000 a year: a gross yield of 7.5% on the 2024 price, before the service charge of about AED 19,400 a year.

Sales and rents for 903 over time

Sales
Unit 903, each saleTypical two-bed in Victoria Residency
1.2M1.4M2017202020232026Typical sale price by year: 2017 AED 1,232,315; 2023 AED 1,142,500; 2024 AED 1,375,000; 2025 AED 1,450,000Sold by developer, February 2024: AED 1,205,000 (AED 1,008 per sqft)

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

Rents
Unit 903, each contractTypical two-bed in Victoria Residency
60K80K2018202120242027Typical rent by year: 2018 AED 65,000; 2019 AED 70,000; 2020 AED 70,000; 2021 AED 64,250; 2022 AED 68,125; 2023 AED 73,500; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 75,000New contract, May 2020: AED 70,000 a yearNew contract, March 2021: AED 60,000 a yearRenewal, March 2022: AED 66,000 a yearRenewal, March 2023: AED 69,300 a yearNew contract, May 2024: AED 90,000 a year

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

2-beds in Victoria Residency, and where 903 sits

All 39 2-beds →

903 last sold in February 2024 at AED 1,008 per sqft, 9% above what two-beds in Victoria Residency were fetching at the time (AED 923). Over the last 12 months two-beds sold for AED 1,650,000, around AED 1,192 per sqft, and rent for AED 60,000 to 120,000 a year. 903's AED 90,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
17 Apr 20261,650,000
25 Jul 20251,450,000
29 May 20251,380,000
29 Jan 20252,500,000
1 2-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 9th floor

All 103 units in Victoria Residency
Value
9013-bedAED 1.85M · May 2024
9022-bedAED 1.38M · Feb 2024
9042-bedAED 1.02M · Oct 2019
9051-bedAED 975K · Oct 2024
9061-bedAED 880K · Mar 2024
9071-bedNo registered sale
9083-bedAED 2.39M · Feb 2025
1–7 of 10

903, Victoria Residency in numbers

  • Sold once: by CPL Real Estate Development on 22 February 2024 for AED 1,205,000, or AED 1,008 per sqft.
  • Rented since May 2020 on 5 Ejari contracts. The rent fell from AED 70,000 to AED 60,000 in 2021 and recovered to AED 90,000 by May 2024.
  • At AED 90,000 a year the gross yield on the 2024 price is 7.5%, before a service charge of about AED 19,400 a year (AED 16.25 per sqft).
  • Two-beds in Victoria Residency sold for AED 1,650,000–1,650,000 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 25 May 2024.

Questions about 903, Victoria Residency

What did unit 903 last sell for?

AED 1,205,000 on 22 February 2024, sold by the developer: AED 1,008 per sqft for 1,195 sqft. It is the only registered sale of the unit.

What is the rent for unit 903?

AED 90,000 a year on the contract signed on 25 May 2024. The previous contract, from March 2023, was AED 69,300; the unit has been rented since May 2020.

How big is unit 903?

1,195 sqft (111.0 sqm): a two-bedroom apartment on the 9th floor of a 10-storey tower completed in 2018.

What is unit 903 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Victoria Residency sold for AED 1,650,000 to 1,650,000 in the last 12 months, around AED 1,192 per sqft.

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Mortgage on 903, Victoria Residency

Starts from the last sale price (AED 1.21M, 22 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,205,000
Deposit, UAE resident (20%)
AED 241,000
Deposit, non-resident (40%)
AED 482,000
Monthly over 25 years at 3.7%
AED 4,930

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