2-bed · 1,438 sqftJ8 - Al Sufouh, Al Sufouh First · 3rd floor · completed 2016

309, J8 - Al Sufouh

Sold prices and rental history: sold twice, last in March 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 28 March 2023
Last soldAED 1.25M28 March 2023
Current rentAED 80K /yr28 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, J8 - Al Sufouh

What is 309 worth today?

Last sold for AED 1,250,000 in 2023

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28 Mar 2023SoldReady
AED 1,250,000AED 869 per sqft
28 Mar 2023RentedNew contract
AED 80,000/yr6 months · AED 55 per sqft
5 Oct 2022RentedRenewal
AED 80,000/yr12 months · AED 56 per sqft
30 Nov 2021Sold by developerReady
AED 1,581,514AED 1,099 per sqft
5 Oct 2021RentedRenewal
AED 80,000/yr12 months · AED 56 per sqft
5 Oct 2021RentedNew contract
AED 80,000/yr12 months · AED 56 per sqft
5 Oct 2020RentedRenewal
AED 80,000/yr12 months · AED 56 per sqft
5 Oct 2019RentedRenewal
AED 95,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 28 March 2023.

Key facts

Type
2-bed apartment
Size
1,438 sqft
Floor
3rd of 8
Parking
B-12
Developer
Aqua Real Estate Development
Completed
2016
Service charge
AED 19,400 /yr
Last sold
AED 1.25M · March 2023

About 309, J8 - Al Sufouh

309 is a two-bedroom apartment of 1,438 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. It last sold on 28 March 2023 for AED 1,250,000, or AED 869 per sqft, 8% below the AED 945 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, signed on 28 March 2023, is AED 80,000 a year: a gross yield of 6.4% on the 2023 price, before the service charge of about AED 19,400 a year.

Sales and rents for 309 over time

Sales
Unit 309, each saleTypical two-bed in J8 - Al Sufouh
1.25M1.5M1.75M2016201920222025Typical sale price by year: 2016 AED 1,638,000; 2017 AED 1,772,400; 2018 AED 1,397,530; 2021 AED 1,500,000; 2023 AED 1,310,000; 2024 AED 1,700,000Sold by developer, November 2021: AED 1,581,514 (AED 1,099 per sqft)Sold, March 2023: AED 1,250,000 (AED 869 per sqft)

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

Rents
Unit 309, each contractTypical two-bed in J8 - Al Sufouh
75K100K125K2017202020232026Typical rent by year: 2017 AED 130,000; 2018 AED 100,000; 2019 AED 95,000; 2020 AED 80,000; 2021 AED 80,000; 2022 AED 84,000; 2023 AED 88,200; 2024 AED 120,000; 2025 AED 130,000; 2026 AED 115,000New contract, April 2018: AED 88,000 a yearNew contract, October 2018: AED 105,000 a yearRenewal, October 2019: AED 95,000 a yearRenewal, October 2020: AED 80,000 a yearRenewal, October 2021: AED 80,000 a yearNew contract, October 2021: AED 80,000 a yearRenewal, October 2022: AED 80,000 a yearNew contract, March 2023: AED 80,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in J8 - Al Sufouh, and where 309 sits

All 32 2-beds →

309 last sold in March 2023 at AED 869 per sqft, 8% below what two-beds in J8 - Al Sufouh were fetching at the time (AED 945). Over the last 12 months two-beds sold for AED 1,600,000 to 1,675,000, around AED 1,267 per sqft, and rent for AED 100,000 to 145,000 a year. 309's AED 80,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Sep 20261,675,000
26 Jun 20261,600,000
9 Aug 20241,700,000
28 Jun 20241,700,000
2 2-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
3071-bedAED 894K · Dec 2016
1–7 of 11

309, J8 - Al Sufouh in numbers

  • Sold twice: first on 30 November 2021 for AED 1,581,514, last on 28 March 2023 for AED 1,250,000 (AED 869 per sqft).
  • Rented since April 2018 on 8 Ejari contracts, from AED 88,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2023 price is 6.4%, before a service charge of about AED 19,400 a year (AED 13.49 per sqft).
  • Two-beds in J8 - Al Sufouh sold for AED 1,600,000–1,675,000 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 28 March 2023.

Questions about 309, J8 - Al Sufouh

What did unit 309 last sell for?

AED 1,250,000 on 28 March 2023: AED 869 per sqft for 1,438 sqft. The unit has 2 registered sales; the first was AED 1,581,514 in November 2021.

What is the rent for unit 309?

AED 80,000 a year on the contract signed on 28 March 2023. The previous contract, from October 2022, was AED 80,000; the unit has been rented since April 2018.

How big is unit 309?

1,438 sqft (133.6 sqm): a two-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2016.

What is unit 309 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in J8 - Al Sufouh sold for AED 1,600,000 to 1,675,000 in the last 12 months, around AED 1,267 per sqft.

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Mortgage on 309, J8 - Al Sufouh

Starts from the last sale price (AED 1.25M, 28 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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