3-bed · 2,027 sqftJ8 - Al Sufouh, Al Sufouh First · 8th floor · completed 2016

801, J8 - Al Sufouh

Sold prices and rental history: sold twice, last in April 2022, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 801 · DLD and Ejari recordsUpdated 4 April 2022
Last soldAED 2M4 April 2022
Current rentAED 140K /yr1 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 801, J8 - Al Sufouh

What is 801 worth today?

Last sold for AED 2,000,000 in 2022

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4 Apr 2022SoldReady
AED 2,000,000AED 986 per sqft
30 Nov 2021Sold by developerReady
AED 2,229,172AED 1,099 per sqft
1 Jul 2021RentedRenewal
AED 140,000/yr12 months · AED 69 per sqft
1 Jul 2020RentedRenewal
AED 140,000/yr12 months · AED 69 per sqft
1 Jul 2019RentedNew contract
AED 140,000/yr12 months · AED 69 per sqft
27 Oct 2018RentedNew contract
AED 140,000/yr12 months · AED 69 per sqft
6 May 2018RentedNew contract
AED 100,000/yr12 months · AED 49 per sqft

Source: Dubai Land Department. Updated 4 April 2022.

Key facts

Type
3-bed apartment
Size
2,027 sqft
Floor
8th of 8
Parking
B-65 , B-66
Developer
Aqua Real Estate Development
Completed
2016
Service charge
AED 27,300 /yr
Last sold
AED 2M · April 2022

About 801, J8 - Al Sufouh

801 is a three-bedroom apartment of 2,027 sqft on the 8th 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 4 April 2022 for AED 2,000,000, or AED 986 per sqft, 10% below the AED 1,099 three-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 1 July 2021, is AED 140,000 a year: a gross yield of 7.0% on the 2022 price, before the service charge of about AED 27,300 a year.

Sales and rents for 801 over time

Rents
Unit 801, each contractTypical three-bed in J8 - Al Sufouh
100K120K140K20182020202220242026Typical rent by year: 2018 AED 107,500; 2019 AED 120,000; 2025 AED 123,000New contract, May 2018: AED 100,000 a yearNew contract, October 2018: AED 140,000 a yearNew contract, July 2019: AED 140,000 a yearRenewal, July 2020: AED 140,000 a yearRenewal, July 2021: AED 140,000 a year

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

3-beds in J8 - Al Sufouh, and where 801 sits

All 4 3-beds →

801 last sold in April 2022 at AED 986 per sqft, 10% below what three-beds in J8 - Al Sufouh were fetching at the time (AED 1,099). 801's AED 140,000 is at the top of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
10 Aug 20231,840,000
11 Apr 20231,500,000
30 Nov 20211,806,002
13 Jun 20172,325,000
0 3-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 8th floor

All 91 units in J8 - Al Sufouh
Value
8023-bedAED 1.84M · Aug 2023
8033-bedAED 1.5M · Apr 2023
8042-bedAED 1.88M · Dec 2016
8052-bedAED 1.6M · Jun 2018
8063-bedAED 2.33M · Jun 2017
8072-bedAED 1.77M · Jun 2017
8082-bedAED 1.66M · Jan 2017

801, J8 - Al Sufouh in numbers

  • Sold twice: first on 30 November 2021 for AED 2,229,172, last on 4 April 2022 for AED 2,000,000 (AED 986 per sqft).
  • Rented since May 2018 on 5 Ejari contracts, from AED 100,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2022 price is 7.0%, before a service charge of about AED 27,300 a year (AED 13.49 per sqft).

Source: Dubai Land Department. Updated 4 April 2022.

Questions about 801, J8 - Al Sufouh

What did unit 801 last sell for?

AED 2,000,000 on 4 April 2022: AED 986 per sqft for 2,027 sqft. The unit has 2 registered sales; the first was AED 2,229,172 in November 2021.

What is the rent for unit 801?

AED 140,000 a year on the contract renewed on 1 July 2021. The previous contract, from July 2020, was AED 140,000; the unit has been rented since May 2018.

How big is unit 801?

2,027 sqft (188.3 sqm): a three-bedroom apartment on the 8th floor of a 8-storey tower completed in 2016.

What is unit 801 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 801, J8 - Al Sufouh

Starts from the last sale price (AED 2M, 4 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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