1-bed · 858 sqftJ8 - Al Sufouh, Al Sufouh First · 3rd floor · completed 2016

307, 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 307 · DLD and Ejari recordsUpdated 10 January 2023
Last soldAED 894K21 December 2016
Current rentAED 55K /yr10 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 307, J8 - Al Sufouh

What is 307 worth today?

Last sold for AED 894,000 in 2016

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10 Jan 2023RentedRenewal
AED 55,000/yr12 months · AED 64 per sqft
10 Jan 2022RentedNew contract
AED 53,000/yr12 months · AED 62 per sqft
15 Jun 2021RentedNew contract
AED 48,000/yr12 months · AED 56 per sqft
10 Dec 2019RentedNew contract
AED 60,000/yr12 months · AED 70 per sqft
5 Mar 2019RentedNew contract
AED 72,000/yr12 months · AED 84 per sqft
20 Dec 2017RentedNew contract
AED 86,000/yr12 months · AED 100 per sqft
21 Dec 2016Sold by developerOff-plan
AED 894,000AED 1,041 per sqft

Source: Dubai Land Department. Updated 10 January 2023.

Key facts

Type
1-bed apartment
Size
858 sqft
Floor
3rd of 8
Parking
B-53
Developer
Aqua Real Estate Development
Completed
2016
Service charge
AED 11,600 /yr
Last sold
AED 894K · December 2016

About 307, J8 - Al Sufouh

307 is a one-bedroom apartment of 858 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 894,000, or AED 1,041 per sqft, 24% below the AED 1,376 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 10 January 2023, is AED 55,000 a year: a gross yield of 6.2% on the 2016 price, before the service charge of about AED 11,600 a year.

Sales and rents for 307 over time

Sales
Unit 307, 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 894,000 (AED 1,041 per sqft)

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

Rents
Unit 307, 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, December 2017: AED 86,000 a yearNew contract, March 2019: AED 72,000 a yearNew contract, December 2019: AED 60,000 a yearNew contract, June 2021: AED 48,000 a yearNew contract, January 2022: AED 53,000 a yearRenewal, January 2023: 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 307 sits

All 55 1-beds →

307 last sold in December 2016 at AED 1,041 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. 307'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
3061-bedAED 886K · Dec 2016
3082-bedAED 1.34M · Dec 2016
1–7 of 11

307, J8 - Al Sufouh in numbers

  • Sold once: by Aqua Real Estate Development on 21 December 2016 for AED 894,000, or AED 1,041 per sqft.
  • Rented since December 2017 on 6 Ejari contracts. The rent fell from AED 86,000 to AED 48,000 in 2021 and recovered to AED 55,000 by January 2023.
  • At AED 55,000 a year the gross yield on the 2016 price is 6.2%, before a service charge of about AED 11,600 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 10 January 2023.

Questions about 307, J8 - Al Sufouh

What did unit 307 last sell for?

AED 894,000 on 21 December 2016, sold by the developer: AED 1,041 per sqft for 858 sqft. It is the only registered sale of the unit.

What is the rent for unit 307?

AED 55,000 a year on the contract renewed on 10 January 2023. The previous contract, from January 2022, was AED 53,000; the unit has been rented since December 2017.

How big is unit 307?

858 sqft (79.7 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2016.

What is unit 307 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 307, J8 - Al Sufouh

Starts from the last sale price (AED 894K, 21 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 894,000
Deposit, UAE resident (20%)
AED 178,800
Deposit, non-resident (40%)
AED 357,600
Monthly over 25 years at 3.7%
AED 3,658

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