2-bed · 1,179 sqftSol Amber (Iris Amber), Culture Village · 2nd floor

309, Sol Amber (Iris Amber)

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

Unit 309 · DLD and Ejari recordsUpdated 15 May 2024
Last soldAED 1.44M15 May 2024
Current rentAED 75K /yr10 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Sol Amber (Iris Amber)

What is 309 worth today?

Last sold for AED 1,438,888 in 2024

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15 May 2024Sold by developerReady
AED 1,438,888AED 1,220 per sqft
10 Jul 2023RentedNew contract
AED 75,000/yr12 months · AED 64 per sqft
28 May 2021RentedNew contract
AED 62,000/yr13 months · AED 53 per sqft
1 Oct 2019RentedRenewal
AED 80,000/yr12 months · AED 68 per sqft
1 Sep 2018RentedNew contract
AED 85,000/yr13 months · AED 72 per sqft

Source: Dubai Land Department. Updated 15 May 2024.

Key facts

Type
2-bed apartment
Size
1,179 sqft
Floor
2nd of 8
Parking
B3-3
Last sold
AED 1.44M · May 2024

About 309, Sol Amber (Iris Amber)

309 is a two-bedroom apartment of 1,179 sqft on the 2nd floor of Sol Amber (Iris Amber), a 8-storey tower in Culture Village. The developer sold it on 15 May 2024 for AED 1,438,888, or AED 1,220 per sqft, 6% below the AED 1,304 two-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 10 July 2023, is AED 75,000 a year: a gross yield of 5.2% on the 2024 price.

Sales and rents for 309 over time

Rents
Unit 309, each contractTypical two-bed in Sol Amber (Iris Amber)
75K100K125K2018202120242027Typical rent by year: 2018 AED 85,000; 2019 AED 77,500; 2020 AED 68,500; 2021 AED 62,500; 2022 AED 66,750; 2023 AED 71,842; 2024 AED 112,500; 2025 AED 117,000; 2026 AED 115,000New contract, September 2018: AED 85,000 a yearRenewal, October 2019: AED 80,000 a yearNew contract, May 2021: AED 62,000 a yearNew contract, July 2023: AED 75,000 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 Sol Amber (Iris Amber), and where 309 sits

All 22 2-beds →

309 last sold in May 2024 at AED 1,220 per sqft, 6% below what two-beds in Sol Amber (Iris Amber) were fetching at the time (AED 1,304). Over the last 12 months two-beds sold for AED 2,050,000, around AED 1,738 per sqft, and rent for AED 102,000 to 168,000 a year. 309's AED 75,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
15 May 20262,050,000
4 Nov 20241,725,777
9 Oct 20241,518,888
2 Sep 20241,408,888
1 2-bed sale 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
3061-bedAED 939K · Oct 2024
307StudioAED 619K · Mar 2024
1–7 of 11

309, Sol Amber (Iris Amber) in numbers

  • Sold once: by the developer on 15 May 2024 for AED 1,438,888, or AED 1,220 per sqft.
  • Rented since September 2018 on 4 Ejari contracts. The rent fell from AED 85,000 to AED 62,000 in 2021 and recovered to AED 75,000 by July 2023.
  • At AED 75,000 a year the gross yield on the 2024 price is 5.2%.
  • Two-beds in Sol Amber (Iris Amber) sold for AED 2,050,000–2,050,000 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 15 May 2024.

Questions about 309, Sol Amber (Iris Amber)

What did unit 309 last sell for?

AED 1,438,888 on 15 May 2024, sold by the developer: AED 1,220 per sqft for 1,179 sqft. It is the only registered sale of the unit.

What is the rent for unit 309?

AED 75,000 a year on the contract signed on 10 July 2023. The previous contract, from May 2021, was AED 62,000; the unit has been rented since September 2018.

How big is unit 309?

1,179 sqft (109.5 sqm): a two-bedroom apartment on the 2nd floor of a 8-storey tower.

What is unit 309 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Sol Amber (Iris Amber) sold for AED 2,050,000 to 2,050,000 in the last 12 months, around AED 1,738 per sqft.

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Mortgage on 309, Sol Amber (Iris Amber)

Starts from the last sale price (AED 1.44M, 15 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,438,888
Deposit, UAE resident (20%)
AED 287,778
Deposit, non-resident (40%)
AED 575,555
Monthly over 25 years at 3.7%
AED 5,887

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