502, J8 - Al Sufouh
Sold prices and rental history: sold once, by the developer in June 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, J8 - Al Sufouh
What is 502 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 28 June 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,196 sqft
- Floor
- 5th of 8
- Parking
- B-17
- Developer
- Aqua Real Estate Development
- Completed
- 2016
- Service charge
- AED 16,100 /yr
- Last sold
- AED 1.7M · June 2024
- Building
- J8 - Al Sufouh
About 502, J8 - Al Sufouh
502 is a two-bedroom apartment of 1,196 sqft on the 5th 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 June 2024 for AED 1,700,000, or AED 1,421 per sqft, 26% above the AED 1,126 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 15 January 2024, is AED 135,000 a year: a gross yield of 7.9% on the 2024 price, before the service charge of about AED 16,100 a year.
Sales and rents for 502 over time
502 has sold once; the dashed line is the two-bed median of each year in the building.
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 502 sits
All 32 2-beds →502 last sold in June 2024 at AED 1,421 per sqft, 26% above what two-beds in J8 - Al Sufouh were fetching at the time (AED 1,126). 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. 502's AED 135,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Sep 202628 September 2026 | 1,400 sqft | 1,675,000 | 1,196 | ||
| 26 Jun 202626 June 2026 | 1,196 sqft | 1,600,000 | 1,338 | ||
| 9 Aug 20249 August 2024 | 1,429 sqft | 1,700,000 | 1,189 | ||
| 15 Mar 202415 March 2024 | 1,208 sqft | 1,700,000 | 1,406 |
J8 - Al Sufouh
Building91 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%
Other units on the 5th floor
All 91 units in J8 - Al Sufouh| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 807 sqft | AED 1.18MAED 1,175,000 · Dec 2016December 2016 | ||
| 503 | 2-bed | 1,398 sqft | AED 1.2MAED 1,200,000 · Oct 2020October 2020 | 100,000 /yr | |
| 504 | 1-bed | 907 sqft | AED 1.28MAED 1,279,000 · Jun 2016June 2016 | ||
| 505 | 1-bed | 804 sqft | AED 1.13MAED 1,130,000 · Jan 2025January 2025 | 90,243 /yr | |
| 506 | 1-bed | 843 sqft | AED 970KAED 970,000 · Jun 2023June 2023 | 85,000 /yr | |
| 507 | 1-bed | 858 sqft | AED 1.24MAED 1,240,000 · Sep 2025September 2025 | 65,000 /yr | |
| 508 | 2-bed | 1,317 sqft | AED 1.67MAED 1,670,000 · Feb 2024February 2024 | 115,000 /yr | |
| 509 | 2-bed | 1,400 sqft | AED 1.45MAED 1,450,000 · Jul 2023July 2023 | 84,000 /yr | |
| 510 | 1-bed | 822 sqft | AED 1.22MAED 1,216,469 · Apr 2017April 2017 | ||
| 511 | 1-bed | 826 sqft | AED 900KAED 900,000 · Jun 2023June 2023 | 112,800 /yr | |
| 512 | 1-bed | 817 sqft | AED 1.21MAED 1,213,600 · Apr 2017April 2017 | 65,000 /yr |
502, J8 - Al Sufouh in numbers
- Sold once: by Aqua Real Estate Development on 28 June 2024 for AED 1,700,000, or AED 1,421 per sqft.
- Rented since December 2019 on 5 Ejari contracts. The rent fell from AED 100,000 to AED 75,000 in 2021 and recovered to AED 135,000 by January 2024.
- At AED 135,000 a year the gross yield on the 2024 price is 7.9%, before a service charge of about AED 16,100 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 June 2024.
Questions about 502, J8 - Al Sufouh
What did unit 502 last sell for?
AED 1,700,000 on 28 June 2024, sold by the developer: AED 1,421 per sqft for 1,196 sqft. It is the only registered sale of the unit.
What is the rent for unit 502?
AED 135,000 a year on the contract signed on 15 January 2024. The previous contract, from July 2023, was AED 90,000; the unit has been rented since December 2019.
How big is unit 502?
1,196 sqft (111.1 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower completed in 2016.
What is unit 502 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.
Selling 502? 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.
Mortgage on 502, J8 - Al Sufouh
Starts from the last sale price (AED 1.7M, 28 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,700,000
- Deposit, UAE resident (20%)
- AED 340,000
- Deposit, non-resident (40%)
- AED 680,000
- Monthly over 25 years at 3.7%
- AED 6,955
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →