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2-bed · 1,398 sqftJ8 - Al Sufouh, Al Sufouh First · 5th floor · completed 2016

503, J8 - Al Sufouh

Sold prices and rental history: sold twice, last in October 2020, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 18 October 2020
Last soldAED 1.2M18 October 2020
Current rentAED 100K /yr2 May 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 503, J8 - Al Sufouh

What is 503 worth today?

Last sold for AED 1,200,000 in 2020

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18 Oct 2020SoldReady
AED 1,200,000AED 858 per sqft
2 May 2020RentedNew contract
AED 100,000/yr12 months · AED 72 per sqft
1 May 2019RentedRenewal
AED 100,000/yr12 months · AED 71 per sqft
1 May 2018RentedNew contract
AED 100,000/yr12 months · AED 71 per sqft
19 Apr 2017Sold by developerReady
AED 1,774,800AED 1,269 per sqft

Source: Dubai Land Department. Updated 18 October 2020.

Key facts

Type
2-bed apartment
Size
1,398 sqft
Floor
5th of 8
Parking
B-18
Developer
Aqua Real Estate Development
Completed
2016
Service charge
AED 18,900 /yr
Last sold
AED 1.2M · October 2020
Building
J8 - Al Sufouh

About 503, J8 - Al Sufouh

503 is a two-bedroom apartment of 1,398 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. It last sold on 18 October 2020 for AED 1,200,000, or AED 858 per sqft.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 2 May 2020, is AED 100,000 a year: a gross yield of 8.3% on the 2020 price, before the service charge of about AED 18,900 a year.

Sales and rents for 503 over time

Sales
Unit 503, each saleTypical two-bed in J8 - Al Sufouh
1.5M2016201920222025Typical 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, April 2017: AED 1,774,800 (AED 1,269 per sqft)Sold, October 2020: AED 1,200,000 (AED 858 per sqft)

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

Rents
Unit 503, 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, May 2018: AED 100,000 a yearRenewal, May 2019: AED 100,000 a yearNew contract, May 2020: AED 100,000 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 503 sits

All 32 2-beds →

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. 503's AED 100,000 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 5th floor

All 91 units in J8 - Al Sufouh
Value
5011-bedAED 1.18M · Dec 2016
5022-bedAED 1.7M · Jun 2024
5041-bedAED 1.28M · Jun 2016
5051-bedAED 1.13M · Jan 2025
5061-bedAED 970K · Jun 2023
5071-bedAED 1.24M · Sep 2025
5082-bedAED 1.67M · Feb 2024
1–7 of 11

503, J8 - Al Sufouh in numbers

  • Sold twice: first on 19 April 2017 for AED 1,774,800, last on 18 October 2020 for AED 1,200,000 (AED 858 per sqft).
  • Rented since May 2018 on 3 Ejari contracts, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2020 price is 8.3%, before a service charge of about AED 18,900 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 18 October 2020.

Questions about 503, J8 - Al Sufouh

What did unit 503 last sell for?

AED 1,200,000 on 18 October 2020: AED 858 per sqft for 1,398 sqft. The unit has 2 registered sales; the first was AED 1,774,800 in April 2017.

What is the rent for unit 503?

AED 100,000 a year on the contract signed on 2 May 2020. The previous contract, from May 2019, was AED 100,000; the unit has been rented since May 2018.

How big is unit 503?

1,398 sqft (129.9 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower completed in 2016.

What is unit 503 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 503, J8 - Al Sufouh

Starts from the last sale price (AED 1.2M, 18 October 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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