1-bed · 814 sqftJ8 - Al Sufouh, Al Sufouh First · 3rd floor · completed 2016

301, J8 - Al Sufouh

Sold prices and rental history: sold once, by the developer in December 2016, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 20 May 2023
Last soldAED 1.13M28 December 2016
Current rentAED 64K /yr20 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 301, J8 - Al Sufouh

What is 301 worth today?

Last sold for AED 1,130,000 in 2016

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

20 May 2023RentedRenewal
AED 63,525/yr12 months · AED 78 per sqft
20 May 2022RentedRenewal
AED 60,500/yr12 months · AED 74 per sqft
20 May 2021RentedNew contract
AED 55,000/yr12 months · AED 67 per sqft
23 May 2019RentedNew contract
AED 71,000/yr12 months · AED 87 per sqft
7 Feb 2017RentedNew contract
AED 92,000/yr12 months · AED 112 per sqft
28 Dec 2016Sold by developerOff-plan
AED 1,130,000AED 1,388 per sqft

Source: Dubai Land Department. Updated 20 May 2023.

Key facts

Type
1-bed apartment
Size
814 sqft
Floor
3rd of 8
Parking
B-49
Developer
Aqua Real Estate Development
Completed
2016
Service charge
AED 11,000 /yr
Last sold
AED 1.13M · December 2016

About 301, J8 - Al Sufouh

301 is a one-bedroom apartment of 814 sqft on the 3rd floor of J8 - Al Sufouh, a 8-storey tower in Al Sufouh First completed in 2016 by Aqua Real Estate Development. The developer sold it on 28 December 2016 for AED 1,130,000, or AED 1,388 per sqft, in line with the AED 1,381 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 20 May 2023, is AED 63,525 a year: a gross yield of 5.6% on the 2016 price, before the service charge of about AED 11,000 a year.

Sales and rents for 301 over time

Sales
Unit 301, each saleTypical one-bed in J8 - Al Sufouh
1M1.2M2016201920222025Typical sale price by year: 2016 AED 1,132,476; 2017 AED 1,160,000; 2023 AED 930,000; 2024 AED 1,110,000; 2025 AED 1,250,000; 2026 AED 1,320,000Sold by developer, December 2016: AED 1,130,000 (AED 1,388 per sqft)

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

Rents
Unit 301, each contractTypical one-bed in J8 - Al Sufouh
60K80K2017202020232026Typical rent by year: 2017 AED 90,000; 2018 AED 80,000; 2019 AED 70,000; 2020 AED 63,500; 2021 AED 57,000; 2022 AED 63,000; 2023 AED 70,000; 2024 AED 90,000; 2025 AED 90,000; 2026 AED 90,122New contract, February 2017: AED 92,000 a yearNew contract, May 2019: AED 71,000 a yearNew contract, May 2021: AED 55,000 a yearRenewal, May 2022: AED 60,500 a yearRenewal, May 2023: AED 63,525 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 J8 - Al Sufouh, and where 301 sits

All 55 1-beds →

301 last sold in December 2016 at AED 1,388 per sqft, in line with what one-beds in J8 - Al Sufouh were fetching at the time (AED 1,381). Over the last 12 months one-beds sold for AED 1,200,000 to 1,400,000, around AED 1,581 per sqft, and rent for AED 65,000 to 112,800 a year. 301's AED 63,525 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
28 Oct 20261,290,000
2 Jun 20261,200,000
6 Mar 20261,350,000
2 Mar 20261,350,000
7 1-bed sales in the last 12 months

J8 - Al Sufouh

Building

91 apartments, 1-bed to 3-bed over 8 floors in Al Sufouh First, completed in 2016 by Aqua Real Estate Development. 9 sold in the last 12 months.

Typical price per sqft
AED 1,566
Typical sale
AED 1.35M
Typical rent
AED 95K /yr
Typical yield
6.4%
J8 - Al Sufouh, Al Sufouh First: prices, sales and rents →

Other units on the 3rd floor

All 91 units in J8 - Al Sufouh
Value
3022-bedAED 1.7M · Mar 2024
3032-bedAED 1.4M · Dec 2016
3041-bedAED 944K · Dec 2016
3051-bedAED 1.29M · Oct 2026
3061-bedAED 886K · Dec 2016
3071-bedAED 894K · Dec 2016
3082-bedAED 1.34M · Dec 2016
1–7 of 11

301, J8 - Al Sufouh in numbers

  • Sold once: by Aqua Real Estate Development on 28 December 2016 for AED 1,130,000, or AED 1,388 per sqft.
  • Rented since February 2017 on 5 Ejari contracts. The rent fell from AED 92,000 to AED 55,000 in 2021 and recovered to AED 63,525 by May 2023.
  • At AED 63,525 a year the gross yield on the 2016 price is 5.6%, before a service charge of about AED 11,000 a year (AED 13.49 per sqft).
  • One-beds in J8 - Al Sufouh sold for AED 1,200,000–1,400,000 in the 12 months to November 2026; the building's median across all types is AED 1,566 per sqft.

Source: Dubai Land Department. Updated 20 May 2023.

Questions about 301, J8 - Al Sufouh

What did unit 301 last sell for?

AED 1,130,000 on 28 December 2016, sold by the developer: AED 1,388 per sqft for 814 sqft. It is the only registered sale of the unit.

What is the rent for unit 301?

AED 63,525 a year on the contract renewed on 20 May 2023. The previous contract, from May 2022, was AED 60,500; the unit has been rented since February 2017.

How big is unit 301?

814 sqft (75.6 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2016.

What is unit 301 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in J8 - Al Sufouh sold for AED 1,200,000 to 1,400,000 in the last 12 months, around AED 1,581 per sqft.

Selling 301? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 301, J8 - Al Sufouh

Starts from the last sale price (AED 1.13M, 28 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,130,000
Deposit, UAE resident (20%)
AED 226,000
Deposit, non-resident (40%)
AED 452,000
Monthly over 25 years at 3.7%
AED 4,623

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