Property timeline for G8, Avencia 3
What is G8 worth today?
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Source: Dubai Land Department. Updated 25 July 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 493 sqft
- Parking
- G-01
- Developer
- DAMAC
- Completed
- 2022
- Last sold
- AED 595K · April 2017
- Building
- Avencia 3
About G8, Avencia 3
G8 is a one-bedroom apartment of 493 sqft of Avencia 3, in Damac Hills 2 completed in 2022 by DAMAC. The developer sold it on 2 April 2017 for AED 595,000, or AED 1,206 per sqft.
It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 25 July 2025, is AED 46,305 a year: a gross yield of 7.8% on the 2017 price.
Sales and rents for G8 over time
G8 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Avencia 3, and where G8 sits
All 8 1-beds →G8's AED 46,305 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Jul 202523 July 2025 | 750 sqft | 650,000 | 866 | ||
| 8 Jan 20258 January 2025 | 638 sqft | 700,000 | 1,097 | ||
| 23 Dec 202423 December 2024 | 1,209 sqft | 900,000 | 744 | ||
| 8 Mar 20248 March 2024 | 637 sqft | 520,000 | 816 |
Avencia 3
Building1 apartment, 1-bed in Damac Hills 2, completed in 2022 by DAMAC. No sale in the last 12 months.
- Typical price per sqft
- Few sales
- Typical sale
- Few sales
- Typical rent
- AED 60K /yr
- Typical yield
G8, Avencia 3 in numbers
- Sold once: by DAMAC on 2 April 2017 for AED 595,000, or AED 1,206 per sqft.
- Rented since July 2023 on 3 Ejari contracts, from AED 42,000 to AED 46,305 a year.
- At AED 46,305 a year the gross yield on the 2017 price is 7.8%.
Source: Dubai Land Department. Updated 25 July 2025.
Questions about G8, Avencia 3
What did unit G8 last sell for?
AED 595,000 on 2 April 2017, sold by the developer: AED 1,206 per sqft for 493 sqft. It is the only registered sale of the unit.
What is the rent for unit G8?
AED 46,305 a year on the contract signed on 25 July 2025. The previous contract, from July 2024, was AED 44,100; the unit has been rented since July 2023.
How big is unit G8?
493 sqft (45.8 sqm): a one-bedroom apartment of Avencia 3 completed in 2022.
What is unit G8 worth today?
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Mortgage on G8, Avencia 3
Starts from the last sale price (AED 595K, 2 April 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 595,000
- Deposit, UAE resident (20%)
- AED 119,000
- Deposit, non-resident (40%)
- AED 238,000
- Monthly over 25 years at 3.7%
- AED 2,434
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →