2-bed · 1,139 sqftJ8 - Al Sufouh, Al Sufouh First · 8th floor · completed 2016

808, J8 - Al Sufouh

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

Unit 808 · DLD and Ejari recordsUpdated 15 November 2019
Last soldAED 1.66M11 January 2017
Current rentAED 87K /yr15 November 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 808, J8 - Al Sufouh

What is 808 worth today?

Last sold for AED 1,660,710 in 2017

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15 Nov 2019RentedNew contract
AED 87,000/yr12 months · AED 76 per sqft
24 Aug 2017RentedNew contract
AED 130,000/yr12 months · AED 114 per sqft
11 Jan 2017Sold by developerOff-plan
AED 1,660,710AED 1,457 per sqft

Source: Dubai Land Department. Updated 15 November 2019.

Key facts

Type
2-bed apartment
Size
1,139 sqft
Floor
8th of 8
Parking
B-32
Developer
Aqua Real Estate Development
Completed
2016
Service charge
AED 15,400 /yr
Last sold
AED 1.66M · January 2017

About 808, J8 - Al Sufouh

808 is a two-bedroom apartment of 1,139 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. The developer sold it on 11 January 2017 for AED 1,660,710, or AED 1,457 per sqft, 9% above the AED 1,331 two-beds in the building were fetching at the time.

It has been rented since 2017 on 2 Ejari contracts. The current contract, signed on 15 November 2019, is AED 87,000 a year: a gross yield of 5.2% on the 2017 price, before the service charge of about AED 15,400 a year.

Sales and rents for 808 over time

Sales
Unit 808, 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, January 2017: AED 1,660,710 (AED 1,457 per sqft)

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

Rents
Unit 808, 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 130,000 a yearNew contract, November 2019: AED 87,000 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 808 sits

All 32 2-beds →

808 last sold in January 2017 at AED 1,457 per sqft, 9% above what two-beds in J8 - Al Sufouh were fetching at the time (AED 1,331). 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. 808's AED 87,000 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 8th floor

All 91 units in J8 - Al Sufouh
Value
8013-bedAED 2M · Apr 2022
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

808, J8 - Al Sufouh in numbers

  • Sold once: by Aqua Real Estate Development on 11 January 2017 for AED 1,660,710, or AED 1,457 per sqft.
  • Rented since August 2017 on 2 Ejari contracts, from AED 130,000 to AED 87,000 a year.
  • At AED 87,000 a year the gross yield on the 2017 price is 5.2%, before a service charge of about AED 15,400 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 November 2019.

Questions about 808, J8 - Al Sufouh

What did unit 808 last sell for?

AED 1,660,710 on 11 January 2017, sold by the developer: AED 1,457 per sqft for 1,139 sqft. It is the only registered sale of the unit.

What is the rent for unit 808?

AED 87,000 a year on the contract signed on 15 November 2019. The previous contract, from August 2017, was AED 130,000.

How big is unit 808?

1,139 sqft (105.8 sqm): a two-bedroom apartment on the 8th floor of a 8-storey tower completed in 2016.

What is unit 808 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 808, J8 - Al Sufouh

Starts from the last sale price (AED 1.66M, 11 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,660,710
Deposit, UAE resident (20%)
AED 332,142
Deposit, non-resident (40%)
AED 664,284
Monthly over 25 years at 3.7%
AED 6,794

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