Studio · 408 sqftKappa Acca 3, Dubai South · 3rd floor · completed 2019

306, Kappa Acca 3

Sold prices and rental history: sold twice, last in January 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 15 February 2025
Last soldAED 345K25 January 2024
Current rentAED 38K /yr15 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Kappa Acca 3

What is 306 worth today?

Last sold for AED 345,000 in 2024

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15 Feb 2025RentedNew contract
AED 38,000/yr12 months · AED 93 per sqft
2 Feb 2024RentedNew contract
AED 32,000/yr12 months · AED 78 per sqft
25 Jan 2024SoldReady
AED 345,000AED 846 per sqft
1 Jan 2024RentedRenewal
AED 19,000/yr12 months · AED 46 per sqft
27 Jul 2022RentedNew contract
AED 23,500/yr12 months · AED 57 per sqft
1 Jan 2022RentedRenewal
AED 23,000/yr6 months · AED 56 per sqft
1 Jan 2021RentedNew contract
AED 20,000/yr12 months · AED 49 per sqft
10 Feb 2019Sold by developerOff-plan
AED 470,000AED 1,153 per sqft

Source: Dubai Land Department. Updated 15 February 2025.

Key facts

Type
Studio apartment
Size
408 sqft
Floor
3rd of 4
Parking
G-26
Developer
Kappa Acca Real Estate Development
Completed
2019
Service charge
AED 7,100 /yr
Last sold
AED 345K · January 2024
Building
Kappa Acca 3

About 306, Kappa Acca 3

306 is a studio of 408 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. It last sold on 25 January 2024 for AED 345,000, or AED 846 per sqft, 43% below the AED 1,478 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, signed on 15 February 2025, is AED 38,000 a year: a gross yield of 11.0% on the 2024 price, before the service charge of about AED 7,100 a year.

Sales and rents for 306 over time

Sales
Unit 306, 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 2019: AED 470,000 (AED 1,153 per sqft)Sold, January 2024: AED 345,000 (AED 846 per sqft)

306 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 306, 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, January 2021: AED 20,000 a yearRenewal, January 2022: AED 23,000 a yearNew contract, July 2022: AED 23,500 a yearRenewal, January 2024: AED 19,000 a yearNew contract, February 2024: AED 32,000 a yearNew contract, February 2025: AED 38,000 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 306 sits

All 45 studios →

306 last sold in January 2024 at AED 846 per sqft, 43% below what studios in Kappa Acca 3 were fetching at the time (AED 1,478). 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. 306's AED 38,000 is in the upper half 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
305StudioAED 399K · Feb 2024
307StudioAED 470K · Feb 2020
308StudioAED 399K · Feb 2024
1–7 of 17

306, Kappa Acca 3 in numbers

  • Sold twice: first on 10 February 2019 for AED 470,000, last on 25 January 2024 for AED 345,000 (AED 846 per sqft).
  • Rented since January 2021 on 6 Ejari contracts, from AED 20,000 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2024 price is 11.0%, 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 15 February 2025.

Questions about 306, Kappa Acca 3

What did unit 306 last sell for?

AED 345,000 on 25 January 2024: AED 846 per sqft for 408 sqft. The unit has 2 registered sales; the first was AED 470,000 in February 2019.

What is the rent for unit 306?

AED 38,000 a year on the contract signed on 15 February 2025. The previous contract, from February 2024, was AED 32,000; the unit has been rented since January 2021.

How big is unit 306?

408 sqft (37.9 sqm): a studio on the 3rd floor of a 4-storey tower completed in 2019.

What is unit 306 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 306, Kappa Acca 3

Starts from the last sale price (AED 345K, 25 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 345,000
Deposit, UAE resident (20%)
AED 69,000
Deposit, non-resident (40%)
AED 138,000
Monthly over 25 years at 3.7%
AED 1,412

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