2-bed · 1,400 sqftJ8 - Al Sufouh, Al Sufouh First · 5th floor · completed 2016

509, J8 - Al Sufouh

Sold prices and rental history: sold once, by the developer in July 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 26 July 2023
Last soldAED 1.45M26 July 2023
Current rentAED 84K /yr26 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, J8 - Al Sufouh

What is 509 worth today?

Last sold for AED 1,450,000 in 2023

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26 Jul 2023Sold by developerReady
AED 1,450,000AED 1,035 per sqft
26 Nov 2022RentedRenewal
AED 84,000/yr12 months · AED 60 per sqft
26 Nov 2021RentedRenewal
AED 80,000/yr12 months · AED 57 per sqft
26 Nov 2020RentedNew contract
AED 80,000/yr12 months · AED 57 per sqft
20 Aug 2019RentedNew contract
AED 95,000/yr12 months · AED 68 per sqft
28 Jul 2017RentedNew contract
AED 130,000/yr12 months · AED 93 per sqft

Source: Dubai Land Department. Updated 26 July 2023.

Key facts

Type
2-bed apartment
Size
1,400 sqft
Floor
5th of 8
Parking
B-22
Developer
Aqua Real Estate Development
Completed
2016
Service charge
AED 18,900 /yr
Last sold
AED 1.45M · July 2023

About 509, J8 - Al Sufouh

509 is a two-bedroom apartment of 1,400 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 26 July 2023 for AED 1,450,000, or AED 1,035 per sqft, 11% above the AED 931 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 26 November 2022, is AED 84,000 a year: a gross yield of 5.8% on the 2023 price, before the service charge of about AED 18,900 a year.

Sales and rents for 509 over time

Sales
Unit 509, 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, July 2023: AED 1,450,000 (AED 1,035 per sqft)

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

Rents
Unit 509, 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, July 2017: AED 130,000 a yearNew contract, August 2019: AED 95,000 a yearNew contract, November 2020: AED 80,000 a yearRenewal, November 2021: AED 80,000 a yearRenewal, November 2022: AED 84,000 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 509 sits

All 32 2-beds →

509 last sold in July 2023 at AED 1,035 per sqft, 11% above what two-beds in J8 - Al Sufouh were fetching at the time (AED 931). 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. 509's AED 84,000 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
5032-bedAED 1.2M · Oct 2020
5041-bedAED 1.28M · Jun 2016
5051-bedAED 1.13M · Jan 2025
5061-bedAED 970K · Jun 2023
5071-bedAED 1.24M · Sep 2025
1–7 of 11

509, J8 - Al Sufouh in numbers

  • Sold once: by Aqua Real Estate Development on 26 July 2023 for AED 1,450,000, or AED 1,035 per sqft.
  • Rented since July 2017 on 5 Ejari contracts, from AED 130,000 to AED 84,000 a year.
  • At AED 84,000 a year the gross yield on the 2023 price is 5.8%, 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 26 July 2023.

Questions about 509, J8 - Al Sufouh

What did unit 509 last sell for?

AED 1,450,000 on 26 July 2023, sold by the developer: AED 1,035 per sqft for 1,400 sqft. It is the only registered sale of the unit.

What is the rent for unit 509?

AED 84,000 a year on the contract renewed on 26 November 2022. The previous contract, from November 2021, was AED 80,000; the unit has been rented since July 2017.

How big is unit 509?

1,400 sqft (130.1 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower completed in 2016.

What is unit 509 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 509, J8 - Al Sufouh

Starts from the last sale price (AED 1.45M, 26 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,000
Deposit, UAE resident (20%)
AED 290,000
Deposit, non-resident (40%)
AED 580,000
Monthly over 25 years at 3.7%
AED 5,932

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