2-bed · 634 sqftJ One Tower A, Business Bay · 16th floor · completed 2021

1605A, J One Tower A

Sold prices and rental history: sold once, by the developer in April 2023, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1605A · DLD and Ejari recordsUpdated 10 April 2023
Last soldAED 495K10 April 2023
Current rentAED 160K /yr1 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1605A, J One Tower A

What is 1605A worth today?

Last sold for AED 495,000 in 2023

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10 Apr 2023Sold by developerReady
AED 495,000AED 780 per sqft
1 Dec 2022RentedNew contract
AED 160,000/yr61 months · AED 111 per sqft
1 Dec 2022RentedNew contract
AED 160,000/yr61 months · AED 112 per sqft

Source: Dubai Land Department. Updated 10 April 2023.

Key facts

Type
2-bed apartment
Size
634 sqft
Floor
16th of 19
Parking
B1-103
Developer
Rkm Durar Properties
Completed
2021
Service charge
AED 15,000 /yr
Last sold
AED 495K · April 2023

About 1605A, J One Tower A

1605A is a two-bedroom apartment of 634 sqft on the 16th floor of J One Tower A, a 19-storey tower in Business Bay completed in 2021 by Rkm Durar Properties . The developer sold it on 10 April 2023 for AED 495,000, or AED 780 per sqft, 65% below the AED 2,259 two-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 1 December 2022, is AED 160,000 a year: a gross yield of 32.3% on the 2023 price, before the service charge of about AED 15,000 a year.

Sales and rents for 1605A over time

Sales
Unit 1605A, each saleTypical two-bed in J One Tower A
02M4M202320242025Typical sale price by year: 2023 AED 2,869,000; 2024 AED 3,500,000Sold by developer, April 2023: AED 495,000 (AED 780 per sqft)

1605A has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1605A, each contractTypical two-bed in J One Tower A
140K160K202220242026Typical rent by year: 2022 AED 160,000; 2025 AED 135,000; 2026 AED 160,000New contract, December 2022: AED 160,000 a yearNew contract, December 2022: AED 160,000 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 J One Tower A, and where 1605A sits

All 24 2-beds →

1605A last sold in April 2023 at AED 780 per sqft, 65% below what two-beds in J One Tower A were fetching at the time (AED 2,259). Over the last 12 months two-beds sold for AED 2,800,000, around AED 1,757 per sqft, and rent for AED 71,000 to 185,000 a year. 1605A's AED 160,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Nov 20262,800,000
3 Oct 20243,500,000
27 Sep 20242,950,002
9 Aug 20244,500,000
1 2-bed sale in the last 12 months

J One Tower A

Building

257 apartments, studios to 4-bed over 19 floors in Business Bay, completed in 2021 by Rkm Durar Properties . 15 sold in the last 12 months.

Typical price per sqft
AED 1,770 Down 13.1%
Typical sale
AED 1.3M
Typical rent
AED 100K /yr
Typical yield
7.4%
J One Tower A, Business Bay: prices, sales and rents →

Other units on the 16th floor

All 257 units in J One Tower A
Value
1601AStudioAED 1.41M · Nov 2023
1602A2-bedAED 3.65M · Mar 2024
1603A2-bedAED 3.14M · Feb 2023
1604A2-bedAED 495K · Apr 2023
1606A2-bedAED 2.87M · Mar 2023
1607A1-bedAED 1.85M · Sep 2022
1608A2-bedAED 4.5M · Aug 2024
1–7 of 9

1605A, J One Tower A in numbers

  • Sold once: by Rkm Durar Properties on 10 April 2023 for AED 495,000, or AED 780 per sqft.
  • Rented since December 2022 on 2 Ejari contracts, at AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2023 price is 32.3%, before a service charge of about AED 15,000 a year (AED 23.59 per sqft).
  • Two-beds in J One Tower A sold for AED 2,800,000–2,800,000 in the 12 months to November 2026; the building's median across all types is AED 1,770 per sqft.

Source: Dubai Land Department. Updated 10 April 2023.

Questions about 1605A, J One Tower A

What did unit 1605A last sell for?

AED 495,000 on 10 April 2023, sold by the developer: AED 780 per sqft for 634 sqft. It is the only registered sale of the unit.

What is the rent for unit 1605A?

AED 160,000 a year on the contract signed on 1 December 2022. The previous contract, from December 2022, was AED 160,000.

How big is unit 1605A?

634 sqft (58.9 sqm): a two-bedroom apartment on the 16th floor of a 19-storey tower completed in 2021.

What is unit 1605A worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in J One Tower A sold for AED 2,800,000 to 2,800,000 in the last 12 months, around AED 1,757 per sqft.

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Mortgage on 1605A, J One Tower A

Starts from the last sale price (AED 495K, 10 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 495,000
Deposit, UAE resident (20%)
AED 99,000
Deposit, non-resident (40%)
AED 198,000
Monthly over 25 years at 3.7%
AED 2,025

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