3-bed · 1,875 sqftJ5 - Al Sufouh, Al Sufouh First · 5th floor · completed 2015

505, J5 - Al Sufouh

Sold prices and rental history: sold 3 times, last in June 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 10 June 2024
Last soldAED 2.43M10 June 2024
Current rentAED 115K /yr20 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, J5 - Al Sufouh

What is 505 worth today?

Last sold for AED 2,430,000 in 2024

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10 Jun 2024SoldReady
AED 2,430,000AED 1,296 per sqft
5 Feb 2024SoldReady
AED 2,130,000AED 1,136 per sqft
20 Sep 2021RentedRenewal
AED 115,000/yr12 months · AED 61 per sqft
20 Sep 2020RentedNew contract
AED 110,000/yr12 months · AED 59 per sqft
20 Sep 2019RentedRenewal
AED 145,000/yr12 months · AED 77 per sqft
20 Sep 2018RentedRenewal
AED 158,000/yr12 months · AED 84 per sqft
20 Sep 2017RentedRenewal
AED 170,000/yr12 months · AED 91 per sqft
20 Sep 2016RentedNew contract
AED 180,000/yr12 months · AED 96 per sqft

Source: Dubai Land Department. Updated 10 June 2024.

Key facts

Type
3-bed apartment
Size
1,875 sqft
Floor
5th of 5
Parking
G-35 , G-63
Developer
Aqua Real Estate Development
Completed
2015
Service charge
AED 34,600 /yr
Last sold
AED 2.43M · June 2024

About 505, J5 - Al Sufouh

505 is a three-bedroom apartment of 1,875 sqft on the 5th 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 10 June 2024 for AED 2,430,000, or AED 1,296 per sqft, 4% above the AED 1,251 three-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 20 September 2021, is AED 115,000 a year: a gross yield of 4.7% on the 2024 price, before the service charge of about AED 34,600 a year.

Sales and rents for 505 over time

Sales
Unit 505, 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, January 2016: AED 2,200,468 (AED 1,173 per sqft)Sold, February 2024: AED 2,130,000 (AED 1,136 per sqft)Sold, June 2024: AED 2,430,000 (AED 1,296 per sqft)

505 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 505, each contractTypical three-bed in J5 - Al Sufouh
100K150K2016201920222025Typical 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, September 2016: AED 180,000 a yearRenewal, September 2017: AED 170,000 a yearRenewal, September 2018: AED 158,000 a yearRenewal, September 2019: AED 145,000 a yearNew contract, September 2020: AED 110,000 a yearRenewal, September 2021: 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 J5 - Al Sufouh, and where 505 sits

All 12 3-beds →

505 last sold in June 2024 at AED 1,296 per sqft, 4% above what three-beds in J5 - Al Sufouh were fetching at the time (AED 1,251). 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. 505's AED 115,000 is at the bottom 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 5th floor

All 48 units in J5 - Al Sufouh
Value
5013-bedAED 2.75M · Nov 2024
5023-bedAED 2.1M · Aug 2022
5033-bedAED 1.8M · Jan 2022
5043-bedAED 2.45M · Jun 2015
5063-bedAED 2.78M · Jun 2025

505, J5 - Al Sufouh in numbers

  • Sold 3 times: first on 28 January 2016 for AED 2,200,468, last on 10 June 2024 for AED 2,430,000 (AED 1,296 per sqft).
  • Rented since September 2016 on 6 Ejari contracts, from AED 180,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2024 price is 4.7%, before a service charge of about AED 34,600 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 10 June 2024.

Questions about 505, J5 - Al Sufouh

What did unit 505 last sell for?

AED 2,430,000 on 10 June 2024: AED 1,296 per sqft for 1,875 sqft. The unit has 3 registered sales; the first was AED 2,200,468 in January 2016.

What is the rent for unit 505?

AED 115,000 a year on the contract renewed on 20 September 2021. The previous contract, from September 2020, was AED 110,000; the unit has been rented since September 2016.

How big is unit 505?

1,875 sqft (174.2 sqm): a three-bedroom apartment on the 5th floor of a 5-storey tower completed in 2015.

What is unit 505 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 505, J5 - Al Sufouh

Starts from the last sale price (AED 2.43M, 10 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,430,000
Deposit, UAE resident (20%)
AED 486,000
Deposit, non-resident (40%)
AED 972,000
Monthly over 25 years at 3.7%
AED 9,942

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