2-bed · 1,400 sqftJ8 - Al Sufouh, Al Sufouh First · 7th floor · completed 2016

709, J8 - Al Sufouh

Sold prices and rental history: sold twice, last in September 2023, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 709 · DLD and Ejari recordsUpdated 28 September 2023
Last soldAED 1.57M28 September 2023
Current rentAED 90K /yr25 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 709, J8 - Al Sufouh

What is 709 worth today?

Last sold for AED 1,570,000 in 2023

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28 Sep 2023SoldReady
AED 1,570,000AED 1,121 per sqft
25 Sep 2020RentedRenewal
AED 90,000/yr12 months · AED 64 per sqft
25 Aug 2018RentedRenewal
AED 110,000/yr12 months · AED 79 per sqft
25 Aug 2017RentedNew contract
AED 120,000/yr12 months · AED 86 per sqft
22 May 2017Sold by developerReady
AED 1,889,933AED 1,349 per sqft

Source: Dubai Land Department. Updated 28 September 2023.

Key facts

Type
2-bed apartment
Size
1,400 sqft
Floor
7th of 8
Parking
B-28
Developer
Aqua Real Estate Development
Completed
2016
Service charge
AED 18,900 /yr
Last sold
AED 1.57M · September 2023

About 709, J8 - Al Sufouh

709 is a two-bedroom apartment of 1,400 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. It last sold on 28 September 2023 for AED 1,570,000, or AED 1,121 per sqft, 19% above the AED 945 two-beds in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, renewed on 25 September 2020, is AED 90,000 a year: a gross yield of 5.7% on the 2023 price, before the service charge of about AED 18,900 a year.

Sales and rents for 709 over time

Sales
Unit 709, 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, May 2017: AED 1,889,933 (AED 1,349 per sqft)Sold, September 2023: AED 1,570,000 (AED 1,121 per sqft)

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

Rents
Unit 709, 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, August 2017: AED 120,000 a yearRenewal, August 2018: AED 110,000 a yearRenewal, September 2020: AED 90,000 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 709 sits

All 32 2-beds →

709 last sold in September 2023 at AED 1,121 per sqft, 19% above what two-beds in J8 - Al Sufouh were fetching at the time (AED 945). 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. 709's AED 90,000 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 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
7041-bedAED 1.2M · Oct 2024
7051-bedAED 1.18M · Jun 2017
7061-bedAED 1.28M · Dec 2025
7071-bedAED 1.18M · Jun 2016
1–7 of 11

709, J8 - Al Sufouh in numbers

  • Sold twice: first on 22 May 2017 for AED 1,889,933, last on 28 September 2023 for AED 1,570,000 (AED 1,121 per sqft).
  • Rented since August 2017 on 3 Ejari contracts, from AED 120,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2023 price is 5.7%, 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 28 September 2023.

Questions about 709, J8 - Al Sufouh

What did unit 709 last sell for?

AED 1,570,000 on 28 September 2023: AED 1,121 per sqft for 1,400 sqft. The unit has 2 registered sales; the first was AED 1,889,933 in May 2017.

What is the rent for unit 709?

AED 90,000 a year on the contract renewed on 25 September 2020. The previous contract, from August 2018, was AED 110,000; the unit has been rented since August 2017.

How big is unit 709?

1,400 sqft (130.1 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower completed in 2016.

What is unit 709 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 709, J8 - Al Sufouh

Starts from the last sale price (AED 1.57M, 28 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,570,000
Deposit, UAE resident (20%)
AED 314,000
Deposit, non-resident (40%)
AED 628,000
Monthly over 25 years at 3.7%
AED 6,423

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