702, J8 - Al Sufouh
Sold prices and rental history: sold once, by the developer in October 2018, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 702, J8 - Al Sufouh
What is 702 worth today?
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Source: Dubai Land Department. Updated 15 October 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,196 sqft
- Floor
- 7th of 8
- Parking
- B-25
- Developer
- Aqua Real Estate Development
- Completed
- 2016
- Service charge
- AED 16,100 /yr
- Last sold
- AED 1.75M · October 2018
- Building
- J8 - Al Sufouh
About 702, J8 - Al Sufouh
702 is a two-bedroom apartment of 1,196 sqft on the 7th 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 23 October 2018 for AED 1,748,620, or AED 1,461 per sqft, 46% above the AED 1,000 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 15 October 2023, is AED 120,000 a year: a gross yield of 6.9% on the 2018 price, before the service charge of about AED 16,100 a year.
Sales and rents for 702 over time
702 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 702 sits
All 32 2-beds →702 last sold in October 2018 at AED 1,461 per sqft, 46% above what two-beds in J8 - Al Sufouh were fetching at the time (AED 1,000). 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. 702's AED 120,000 is in the lower 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 | ||
| 28 Jun 202428 June 2024 | 1,196 sqft | 1,700,000 | 1,421 |
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 7th floor
All 91 units in J8 - Al Sufouh| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 821 sqft | AED 1.14MAED 1,135,000 · Nov 2016November 2016 | 90,000 /yr | |
| 703 | 2-bed | 1,400 sqft | AED 1.68MAED 1,675,000 · Sep 2026September 2026 | 132,000 /yr | |
| 704 | 1-bed | 911 sqft | AED 1.2MAED 1,200,000 · Oct 2024October 2024 | 100,000 /yr | |
| 705 | 1-bed | 808 sqft | AED 1.18MAED 1,177,922 · Jun 2017June 2017 | ||
| 706 | 1-bed | 841 sqft | AED 1.28MAED 1,280,000 · Dec 2025December 2025 | 60,000 /yr | |
| 707 | 1-bed | 854 sqft | AED 1.18MAED 1,175,000 · Jun 2016June 2016 | 70,000 /yr | |
| 708 | 2-bed | 1,312 sqft | AED 2.3MAED 2,300,000 · Aug 2017August 2017 | ||
| 709 | 2-bed | 1,400 sqft | AED 1.57MAED 1,570,000 · Sep 2023September 2023 | 90,000 /yr | |
| 710 | 1-bed | 816 sqft | AED 930KAED 930,000 · Jun 2023June 2023 | 63,000 /yr | |
| 711 | 1-bed | 820 sqft | AED 1.23MAED 1,230,000 · Feb 2017February 2017 | 100,000 /yr | |
| 712 | 1-bed | 827 sqft | AED 1.31MAED 1,310,000 · Nov 2025November 2025 | 100,000 /yr |
702, J8 - Al Sufouh in numbers
- Sold once: by Aqua Real Estate Development on 23 October 2018 for AED 1,748,620, or AED 1,461 per sqft.
- Rented since September 2018 on 6 Ejari contracts. The rent fell from AED 88,000 to AED 65,000 in 2022 and recovered to AED 120,000 by October 2023.
- At AED 120,000 a year the gross yield on the 2018 price is 6.9%, 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 15 October 2023.
Questions about 702, J8 - Al Sufouh
What did unit 702 last sell for?
AED 1,748,620 on 23 October 2018, sold by the developer: AED 1,461 per sqft for 1,196 sqft. It is the only registered sale of the unit.
What is the rent for unit 702?
AED 120,000 a year on the contract signed on 15 October 2023. The previous contract, from September 2022, was AED 65,000; the unit has been rented since September 2018.
How big is unit 702?
1,196 sqft (111.1 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower completed in 2016.
What is unit 702 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 702, J8 - Al Sufouh
Starts from the last sale price (AED 1.75M, 23 October 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,748,620
- Deposit, UAE resident (20%)
- AED 349,724
- Deposit, non-resident (40%)
- AED 699,448
- Monthly over 25 years at 3.7%
- AED 7,154
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →