1-bed · 765 sqftSol Amber (Iris Amber), Culture Village · 2nd floor

306, Sol Amber (Iris Amber)

Sold prices and rental history: sold once, by the developer in October 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 3 October 2024
Last soldAED 939K3 October 2024
Current rentAED 50K /yr5 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Sol Amber (Iris Amber)

What is 306 worth today?

Last sold for AED 938,888 in 2024

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3 Oct 2024Sold by developerReady
AED 938,888AED 1,227 per sqft
5 Nov 2023RentedNew contract
AED 50,132/yr10 months · AED 66 per sqft
5 Oct 2020RentedNew contract
AED 47,000/yr13 months · AED 61 per sqft
15 Jun 2019RentedNew contract
AED 60,000/yr13 months · AED 78 per sqft
16 Jun 2018RentedNew contract
AED 60,000/yr12 months · AED 78 per sqft

Source: Dubai Land Department. Updated 3 October 2024.

Key facts

Type
1-bed apartment
Size
765 sqft
Floor
2nd of 8
Parking
B2-3
Last sold
AED 939K · October 2024

About 306, Sol Amber (Iris Amber)

306 is a one-bedroom apartment of 765 sqft on the 2nd floor of Sol Amber (Iris Amber), a 8-storey tower in Culture Village. The developer sold it on 3 October 2024 for AED 938,888, or AED 1,227 per sqft, in line with the AED 1,255 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 5 November 2023, is AED 50,132 a year: a gross yield of 5.3% on the 2024 price.

Sales and rents for 306 over time

Sales
Unit 306, each saleTypical one-bed in Sol Amber (Iris Amber)
1M1.1M2024202520262027Typical sale price by year: 2024 AED 938,888; 2025 AED 1,150,000; 2026 AED 1,025,000Sold by developer, October 2024: AED 938,888 (AED 1,227 per sqft)

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

Rents
Unit 306, each contractTypical one-bed in Sol Amber (Iris Amber)
60K80K2018202120242027Typical rent by year: 2018 AED 63,000; 2019 AED 60,000; 2020 AED 50,000; 2021 AED 47,000; 2022 AED 48,000; 2023 AED 52,000; 2024 AED 70,000; 2025 AED 75,000; 2026 AED 75,000New contract, June 2018: AED 60,000 a yearNew contract, June 2019: AED 60,000 a yearNew contract, October 2020: AED 47,000 a yearNew contract, November 2023: AED 50,132 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 Sol Amber (Iris Amber), and where 306 sits

All 69 1-beds →

306 last sold in October 2024 at AED 1,227 per sqft, in line with what one-beds in Sol Amber (Iris Amber) were fetching at the time (AED 1,255). Over the last 12 months one-beds sold for AED 1,000,000 to 1,150,000, around AED 1,510 per sqft, and rent for AED 50,000 to 103,000 a year. 306's AED 50,132 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
18 Aug 20261,150,000
29 Apr 20261,020,000
4 Mar 20261,000,000
17 Feb 20261,030,000
5 1-bed sales in the last 12 months

Sol Amber (Iris Amber)

Building

95 apartments, studios to 2-bed over 8 floors in Culture Village. 6 sold in the last 12 months.

Typical price per sqft
AED 1,570
Typical sale
AED 1.08M
Typical rent
AED 76K /yr
Typical yield
6.2%
Sol Amber (Iris Amber), Culture Village: prices, sales and rents →

Other units on the 2nd floor

All 95 units in Sol Amber (Iris Amber)
Value
3012-bedAED 1.52M · Oct 2024
3021-bedAED 796K · Jun 2024
3031-bedAED 1.17M · May 2024
3041-bedAED 1.07M · Jun 2024
3051-bedAED 919K · Jul 2024
307StudioAED 619K · Mar 2024
3081-bedAED 934K · Nov 2024
1–7 of 11

306, Sol Amber (Iris Amber) in numbers

  • Sold once: by the developer on 3 October 2024 for AED 938,888, or AED 1,227 per sqft.
  • Rented since June 2018 on 4 Ejari contracts, from AED 60,000 to AED 50,132 a year.
  • At AED 50,132 a year the gross yield on the 2024 price is 5.3%.
  • One-beds in Sol Amber (Iris Amber) sold for AED 1,000,000–1,150,000 in the 12 months to November 2026; the building's median across all types is AED 1,570 per sqft.

Source: Dubai Land Department. Updated 3 October 2024.

Questions about 306, Sol Amber (Iris Amber)

What did unit 306 last sell for?

AED 938,888 on 3 October 2024, sold by the developer: AED 1,227 per sqft for 765 sqft. It is the only registered sale of the unit.

What is the rent for unit 306?

AED 50,132 a year on the contract signed on 5 November 2023. The previous contract, from October 2020, was AED 47,000; the unit has been rented since June 2018.

How big is unit 306?

765 sqft (71.1 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower.

What is unit 306 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Sol Amber (Iris Amber) sold for AED 1,000,000 to 1,150,000 in the last 12 months, around AED 1,510 per sqft.

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Mortgage on 306, Sol Amber (Iris Amber)

Starts from the last sale price (AED 939K, 3 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 938,888
Deposit, UAE resident (20%)
AED 187,778
Deposit, non-resident (40%)
AED 375,555
Monthly over 25 years at 3.7%
AED 3,841

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