1-bed · 911 sqftJ8 - Al Sufouh, Al Sufouh First · 7th floor · completed 2016

704, J8 - Al Sufouh

Sold prices and rental history: sold once, by the developer in October 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 20 November 2024
Last soldAED 1.2M31 October 2024
Current rentAED 100K /yr20 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, J8 - Al Sufouh

What is 704 worth today?

Last sold for AED 1,200,000 in 2024

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20 Nov 2024RentedNew contract
AED 100,000/yr12 months · AED 109 per sqft
31 Oct 2024Sold by developerReady
AED 1,200,000AED 1,317 per sqft
15 Jun 2023RentedRenewal
AED 70,000/yr12 months · AED 77 per sqft
15 Jun 2022RentedNew contract
AED 70,000/yr12 months · AED 77 per sqft
8 Mar 2021RentedNew contract
AED 60,000/yr12 months · AED 66 per sqft
15 Jul 2019RentedNew contract
AED 70,000/yr12 months · AED 77 per sqft
4 Jul 2018RentedNew contract
AED 77,000/yr12 months · AED 85 per sqft
1 May 2017RentedNew contract
AED 95,000/yr12 months · AED 104 per sqft

Source: Dubai Land Department. Updated 20 November 2024.

Key facts

Type
1-bed apartment
Size
911 sqft
Floor
7th of 8
Parking
B-82
Developer
Aqua Real Estate Development
Completed
2016
Service charge
AED 12,300 /yr
Last sold
AED 1.2M · October 2024

About 704, J8 - Al Sufouh

704 is a one-bedroom apartment of 911 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 31 October 2024 for AED 1,200,000, or AED 1,317 per sqft, 3% above the AED 1,274 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 20 November 2024, is AED 100,000 a year: a gross yield of 8.3% on the 2024 price, before the service charge of about AED 12,300 a year.

Sales and rents for 704 over time

Sales
Unit 704, each saleTypical one-bed in J8 - Al Sufouh
1M1.2M2016201920222025Typical sale price by year: 2016 AED 1,132,476; 2017 AED 1,160,000; 2023 AED 930,000; 2024 AED 1,110,000; 2025 AED 1,250,000; 2026 AED 1,320,000Sold by developer, October 2024: AED 1,200,000 (AED 1,317 per sqft)

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

Rents
Unit 704, each contractTypical one-bed in J8 - Al Sufouh
60K80K100K2017202020232026Typical rent by year: 2017 AED 90,000; 2018 AED 80,000; 2019 AED 70,000; 2020 AED 63,500; 2021 AED 57,000; 2022 AED 63,000; 2023 AED 70,000; 2024 AED 90,000; 2025 AED 90,000; 2026 AED 90,122New contract, May 2017: AED 95,000 a yearNew contract, July 2018: AED 77,000 a yearNew contract, July 2019: AED 70,000 a yearNew contract, March 2021: AED 60,000 a yearNew contract, June 2022: AED 70,000 a yearRenewal, June 2023: AED 70,000 a yearNew contract, November 2024: AED 100,000 a year

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

1-beds in J8 - Al Sufouh, and where 704 sits

All 55 1-beds →

704 last sold in October 2024 at AED 1,317 per sqft, 3% above what one-beds in J8 - Al Sufouh were fetching at the time (AED 1,274). Over the last 12 months one-beds sold for AED 1,200,000 to 1,400,000, around AED 1,581 per sqft, and rent for AED 65,000 to 112,800 a year. 704's AED 100,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
28 Oct 20261,290,000
2 Jun 20261,200,000
6 Mar 20261,350,000
2 Mar 20261,350,000
7 1-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 7th floor

All 91 units in J8 - Al Sufouh
Value
7011-bedAED 1.14M · Nov 2016
7022-bedAED 1.75M · Oct 2018
7032-bedAED 1.68M · Sep 2026
7051-bedAED 1.18M · Jun 2017
7061-bedAED 1.28M · Dec 2025
7071-bedAED 1.18M · Jun 2016
7082-bedAED 2.3M · Aug 2017
1–7 of 11

704, J8 - Al Sufouh in numbers

  • Sold once: by Aqua Real Estate Development on 31 October 2024 for AED 1,200,000, or AED 1,317 per sqft.
  • Rented since May 2017 on 7 Ejari contracts. The rent fell from AED 95,000 to AED 60,000 in 2021 and recovered to AED 100,000 by November 2024.
  • At AED 100,000 a year the gross yield on the 2024 price is 8.3%, before a service charge of about AED 12,300 a year (AED 13.49 per sqft).
  • One-beds in J8 - Al Sufouh sold for AED 1,200,000–1,400,000 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 20 November 2024.

Questions about 704, J8 - Al Sufouh

What did unit 704 last sell for?

AED 1,200,000 on 31 October 2024, sold by the developer: AED 1,317 per sqft for 911 sqft. It is the only registered sale of the unit.

What is the rent for unit 704?

AED 100,000 a year on the contract signed on 20 November 2024. The previous contract, from June 2023, was AED 70,000; the unit has been rented since May 2017.

How big is unit 704?

911 sqft (84.6 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2016.

What is unit 704 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in J8 - Al Sufouh sold for AED 1,200,000 to 1,400,000 in the last 12 months, around AED 1,581 per sqft.

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Mortgage on 704, J8 - Al Sufouh

Starts from the last sale price (AED 1.2M, 31 October 2024). 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 →