1-bed · 845 sqftJ8 - Al Sufouh, Al Sufouh First · 3rd floor · completed 2016

306, J8 - Al Sufouh

Sold prices and rental history: sold once, by the developer in December 2016, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 15 January 2021
Last soldAED 886K21 December 2016
Current rentAED 55K /yr15 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, J8 - Al Sufouh

What is 306 worth today?

Last sold for AED 886,000 in 2016

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15 Jan 2021RentedRenewal
AED 55,000/yr12 months · AED 66 per sqft
15 Jan 2020RentedRenewal
AED 65,000/yr12 months · AED 77 per sqft
15 Jan 2019RentedNew contract
AED 75,000/yr12 months · AED 89 per sqft
21 Dec 2016Sold by developerOff-plan
AED 886,000AED 1,049 per sqft

Source: Dubai Land Department. Updated 15 January 2021.

Key facts

Type
1-bed apartment
Size
845 sqft
Floor
3rd of 8
Parking
B-52
Developer
Aqua Real Estate Development
Completed
2016
Service charge
AED 11,400 /yr
Last sold
AED 886K · December 2016

About 306, J8 - Al Sufouh

306 is a one-bedroom apartment of 845 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 21 December 2016 for AED 886,000, or AED 1,049 per sqft, 24% below the AED 1,376 one-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 15 January 2021, is AED 55,000 a year: a gross yield of 6.2% on the 2016 price, before the service charge of about AED 11,400 a year.

Sales and rents for 306 over time

Sales
Unit 306, 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 886,000 (AED 1,049 per sqft)

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

Rents
Unit 306, 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, January 2019: AED 75,000 a yearRenewal, January 2020: AED 65,000 a yearRenewal, January 2021: AED 55,000 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 306 sits

All 55 1-beds →

306 last sold in December 2016 at AED 1,049 per sqft, 24% below what one-beds in J8 - Al Sufouh were fetching at the time (AED 1,376). 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. 306's AED 55,000 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
3011-bedAED 1.13M · Dec 2016
3022-bedAED 1.7M · Mar 2024
3032-bedAED 1.4M · Dec 2016
3041-bedAED 944K · Dec 2016
3051-bedAED 1.29M · Oct 2026
3071-bedAED 894K · Dec 2016
3082-bedAED 1.34M · Dec 2016
1–7 of 11

306, J8 - Al Sufouh in numbers

  • Sold once: by Aqua Real Estate Development on 21 December 2016 for AED 886,000, or AED 1,049 per sqft.
  • Rented since January 2019 on 3 Ejari contracts, from AED 75,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2016 price is 6.2%, before a service charge of about AED 11,400 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 15 January 2021.

Questions about 306, J8 - Al Sufouh

What did unit 306 last sell for?

AED 886,000 on 21 December 2016, sold by the developer: AED 1,049 per sqft for 845 sqft. It is the only registered sale of the unit.

What is the rent for unit 306?

AED 55,000 a year on the contract renewed on 15 January 2021. The previous contract, from January 2020, was AED 65,000; the unit has been rented since January 2019.

How big is unit 306?

845 sqft (78.5 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2016.

What is unit 306 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.

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Mortgage on 306, J8 - Al Sufouh

Starts from the last sale price (AED 886K, 21 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 886,000
Deposit, UAE resident (20%)
AED 177,200
Deposit, non-resident (40%)
AED 354,400
Monthly over 25 years at 3.7%
AED 3,625

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