3-bed · 1,782 sqftJ5 - Al Sufouh, Al Sufouh First · 4th floor · completed 2015

406, J5 - Al Sufouh

Sold prices and rental history: sold twice, last in February 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 8 February 2024
Last soldAED 2.15M8 February 2024
Current rentAED 130K /yr15 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, J5 - Al Sufouh

What is 406 worth today?

Last sold for AED 2,150,000 in 2024

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8 Feb 2024SoldReady
AED 2,150,000AED 1,206 per sqft
15 Jan 2024RentedRenewal
AED 130,000/yr12 months · AED 73 per sqft
15 Jan 2023RentedRenewal
AED 130,000/yr12 months · AED 73 per sqft
15 Jan 2022RentedNew contract
AED 120,000/yr12 months · AED 67 per sqft
20 Nov 2020RentedNew contract
AED 85,000/yr12 months · AED 48 per sqft
1 Oct 2019RentedNew contract
AED 133,000/yr12 months · AED 74 per sqft
15 Dec 2018RentedNew contract
AED 150,000/yr12 months · AED 84 per sqft
8 Sep 2016Sold by developerReady
AED 3,000,000AED 1,683 per sqft

Source: Dubai Land Department. Updated 8 February 2024.

Key facts

Type
3-bed apartment
Size
1,782 sqft
Floor
4th of 5
Parking
G-64 , G-65
Developer
Aqua Real Estate Development
Completed
2015
Service charge
AED 32,900 /yr
Last sold
AED 2.15M · February 2024

About 406, J5 - Al Sufouh

406 is a three-bedroom apartment of 1,782 sqft on the 4th floor of J5 - Al Sufouh, a 5-storey tower in Al Sufouh First completed in 2015 by Aqua Real Estate Development. It last sold on 8 February 2024 for AED 2,150,000, or AED 1,206 per sqft, 6% above the AED 1,136 three-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 15 January 2024, is AED 130,000 a year: a gross yield of 6.0% on the 2024 price, before the service charge of about AED 32,900 a year.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical three-bed in J5 - Al Sufouh
2M3M2015201820212024Typical sale price by year: 2015 AED 2,449,275; 2016 AED 3,000,000; 2022 AED 1,800,000; 2024 AED 2,430,000Sold by developer, September 2016: AED 3,000,000 (AED 1,683 per sqft)Sold, February 2024: AED 2,150,000 (AED 1,206 per sqft)

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

Rents
Unit 406, each contractTypical three-bed in J5 - Al Sufouh
100K150K200K2016201920222025Typical rent by year: 2016 AED 180,000; 2017 AED 179,500; 2018 AED 150,000; 2019 AED 140,000; 2020 AED 110,000; 2021 AED 110,000; 2022 AED 125,000; 2023 AED 150,000; 2024 AED 170,000; 2025 AED 185,000; 2026 AED 175,000New contract, December 2018: AED 150,000 a yearNew contract, October 2019: AED 133,000 a yearNew contract, November 2020: AED 85,000 a yearNew contract, January 2022: AED 120,000 a yearRenewal, January 2023: AED 130,000 a yearRenewal, January 2024: AED 130,000 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 J5 - Al Sufouh, and where 406 sits

All 12 3-beds →

406 last sold in February 2024 at AED 1,206 per sqft, 6% above what three-beds in J5 - Al Sufouh were fetching at the time (AED 1,136). Over the last 12 months three-beds sold for AED 2,800,000, around AED 1,529 per sqft, and rent for AED 120,000 to 190,000 a year. 406's AED 130,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
29 Jul 20262,800,000
3 Jun 20252,775,000
19 May 20252,600,000
11 Nov 20242,750,000
1 3-bed sale in the last 12 months

J5 - Al Sufouh

Building

48 apartments, 1-bed to 3-bed over 5 floors in Al Sufouh First, completed in 2015 by Aqua Real Estate Development. 4 sold in the last 12 months.

Typical price per sqft
AED 1,635
Typical sale
AED 1.69M
Typical rent
AED 98K /yr
Typical yield
6.4%
J5 - Al Sufouh, Al Sufouh First: prices, sales and rents →

Other units on the 4th floor

All 48 units in J5 - Al Sufouh
Value
4013-bedAED 2.05M · Apr 2023
4023-bedAED 2.8M · Jul 2026
4033-bedAED 2.45M · Sep 2024
4043-bedAED 3M · Jan 2016
4053-bedAED 2.55M · May 2024

406, J5 - Al Sufouh in numbers

  • Sold twice: first on 8 September 2016 for AED 3,000,000, last on 8 February 2024 for AED 2,150,000 (AED 1,206 per sqft).
  • Rented since December 2018 on 6 Ejari contracts. The rent fell from AED 150,000 to AED 85,000 in 2020 and recovered to AED 130,000 by January 2024.
  • At AED 130,000 a year the gross yield on the 2024 price is 6.0%, before a service charge of about AED 32,900 a year (AED 18.47 per sqft).
  • Three-beds in J5 - Al Sufouh sold for AED 2,800,000–2,800,000 in the 12 months to November 2026; the building's median across all types is AED 1,635 per sqft.

Source: Dubai Land Department. Updated 8 February 2024.

Questions about 406, J5 - Al Sufouh

What did unit 406 last sell for?

AED 2,150,000 on 8 February 2024: AED 1,206 per sqft for 1,782 sqft. The unit has 2 registered sales; the first was AED 3,000,000 in September 2016.

What is the rent for unit 406?

AED 130,000 a year on the contract renewed on 15 January 2024. The previous contract, from January 2023, was AED 130,000; the unit has been rented since December 2018.

How big is unit 406?

1,782 sqft (165.6 sqm): a three-bedroom apartment on the 4th floor of a 5-storey tower completed in 2015.

What is unit 406 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in J5 - Al Sufouh sold for AED 2,800,000 to 2,800,000 in the last 12 months, around AED 1,529 per sqft.

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Mortgage on 406, J5 - Al Sufouh

Starts from the last sale price (AED 2.15M, 8 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,150,000
Deposit, UAE resident (20%)
AED 430,000
Deposit, non-resident (40%)
AED 860,000
Monthly over 25 years at 3.7%
AED 8,796

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