Studio · 407 sqftKappa Acca 3, Dubai South · 3rd floor · completed 2019

305, Kappa Acca 3

Sold prices and rental history: sold once, by the developer in February 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305 · DLD and Ejari recordsUpdated 8 February 2024
Last soldAED 399K8 February 2024
Current rentAED 28K /yr20 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, Kappa Acca 3

What is 305 worth today?

Last sold for AED 399,000 in 2024

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8 Feb 2024Sold by developerReady
AED 399,000AED 979 per sqft
20 Jun 2023RentedNew contract
AED 28,000/yr12 months · AED 69 per sqft
11 May 2022RentedNew contract
AED 25,000/yr12 months · AED 61 per sqft

Source: Dubai Land Department. Updated 8 February 2024.

Key facts

Type
Studio apartment
Size
407 sqft
Floor
3rd of 4
Parking
B-35
Developer
Kappa Acca Real Estate Development
Completed
2019
Service charge
AED 7,100 /yr
Last sold
AED 399K · February 2024
Building
Kappa Acca 3

About 305, Kappa Acca 3

305 is a studio of 407 sqft on the 3rd floor of Kappa Acca 3, a 4-storey tower in Dubai South completed in 2019 by Kappa Acca Real Estate Development. The developer sold it on 8 February 2024 for AED 399,000, or AED 979 per sqft, 20% below the AED 1,227 studios in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 20 June 2023, is AED 28,000 a year: a gross yield of 7.0% on the 2024 price, before the service charge of about AED 7,100 a year.

Sales and rents for 305 over time

Sales
Unit 305, each saleTypical studio in Kappa Acca 3
400K600K20192021202320252027Typical sale price by year: 2019 AED 467,500; 2020 AED 510,000; 2023 AED 620,000; 2024 AED 399,000; 2025 AED 460,500; 2026 AED 470,000Sold by developer, February 2024: AED 399,000 (AED 979 per sqft)

305 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 305, each contractTypical studio in Kappa Acca 3
20K30K40K2020202220242026Typical rent by year: 2020 AED 20,000; 2021 AED 23,000; 2022 AED 24,000; 2023 AED 27,000; 2024 AED 36,000; 2025 AED 38,000; 2026 AED 38,000New contract, May 2022: AED 25,000 a yearNew contract, June 2023: AED 28,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Kappa Acca 3, and where 305 sits

All 45 studios →

305 last sold in February 2024 at AED 979 per sqft, 20% below what studios in Kappa Acca 3 were fetching at the time (AED 1,227). Over the last 12 months studios sold for AED 400,000 to 509,000, around AED 1,116 per sqft, and rent for AED 28,000 to 44,000 a year. 305's AED 28,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
17 Sep 2026496,000
9 Sep 2026400,000
14 Aug 2026470,000
11 Jun 2026450,000
7 studio sales in the last 12 months

Kappa Acca 3

Building

81 apartments, studios to 2-bed over 4 floors in Dubai South, completed in 2019 by Kappa Acca Real Estate Development. 14 sold in the last 12 months.

Typical price per sqft
AED 1,041 Up 11.8%
Typical sale
AED 540K
Typical rent
AED 40K /yr
Typical yield
8.7%
Kappa Acca 3, Dubai South: prices, sales and rents →

Other units on the 3rd floor

All 81 units in Kappa Acca 3
Value
3011-bedAED 570K · Jun 2026
3022-bedAED 750K · Sep 2024
303StudioAED 476K · Mar 2025
304StudioAED 476K · Mar 2025
306StudioAED 345K · Jan 2024
307StudioAED 470K · Feb 2020
308StudioAED 399K · Feb 2024
1–7 of 17

305, Kappa Acca 3 in numbers

  • Sold once: by Kappa Acca Real Estate Development on 8 February 2024 for AED 399,000, or AED 979 per sqft.
  • Rented since May 2022 on 2 Ejari contracts, from AED 25,000 to AED 28,000 a year.
  • At AED 28,000 a year the gross yield on the 2024 price is 7.0%, before a service charge of about AED 7,100 a year (AED 17.52 per sqft).
  • Studios in Kappa Acca 3 sold for AED 400,000–509,000 in the 12 months to November 2026; the building's median across all types is AED 1,041 per sqft.

Source: Dubai Land Department. Updated 8 February 2024.

Questions about 305, Kappa Acca 3

What did unit 305 last sell for?

AED 399,000 on 8 February 2024, sold by the developer: AED 979 per sqft for 407 sqft. It is the only registered sale of the unit.

What is the rent for unit 305?

AED 28,000 a year on the contract signed on 20 June 2023. The previous contract, from May 2022, was AED 25,000.

How big is unit 305?

407 sqft (37.8 sqm): a studio on the 3rd floor of a 4-storey tower completed in 2019.

What is unit 305 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Kappa Acca 3 sold for AED 400,000 to 509,000 in the last 12 months, around AED 1,116 per sqft.

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Mortgage on 305, Kappa Acca 3

Starts from the last sale price (AED 399K, 8 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 399,000
Deposit, UAE resident (20%)
AED 79,800
Deposit, non-resident (40%)
AED 159,600
Monthly over 25 years at 3.7%
AED 1,632

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