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

308, Kappa Acca 3

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

Unit 308 · DLD and Ejari recordsUpdated 14 May 2026
Last soldAED 399K7 February 2024
Current rentAED 38K /yr14 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Kappa Acca 3

What is 308 worth today?

Last sold for AED 399,000 in 2024

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14 May 2026RentedRenewal
AED 37,500/yr12 months · AED 92 per sqft
14 May 2025RentedRenewal
AED 33,000/yr12 months · AED 81 per sqft
14 May 2024RentedRenewal
AED 33,000/yr12 months · AED 81 per sqft
7 Feb 2024Sold by developerReady
AED 399,000AED 979 per sqft
15 May 2023RentedRenewal
AED 23,064/yr12 months · AED 57 per sqft
15 May 2022RentedNew contract
AED 23,000/yr12 months · AED 56 per sqft

Source: Dubai Land Department. Updated 14 May 2026.

Key facts

Type
Studio apartment
Size
407 sqft
Floor
3rd of 4
Parking
G-11
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 308, Kappa Acca 3

308 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 7 February 2024 for AED 399,000, or AED 979 per sqft, 33% below the AED 1,464 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, renewed on 14 May 2026, is AED 37,500 a year: a gross yield of 9.4% on the 2024 price, before the service charge of about AED 7,100 a year.

Sales and rents for 308 over time

Sales
Unit 308, 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)

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

Rents
Unit 308, 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 23,000 a yearRenewal, May 2023: AED 23,064 a yearRenewal, May 2024: AED 33,000 a yearRenewal, May 2025: AED 33,000 a yearRenewal, May 2026: AED 37,500 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 308 sits

All 45 studios →

308 last sold in February 2024 at AED 979 per sqft, 33% below what studios in Kappa Acca 3 were fetching at the time (AED 1,464). 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. 308's AED 37,500 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
306StudioAED 345K · Jan 2024
307StudioAED 470K · Feb 2020
1–7 of 17

308, Kappa Acca 3 in numbers

  • Sold once: by Kappa Acca Real Estate Development on 7 February 2024 for AED 399,000, or AED 979 per sqft.
  • Rented since May 2022 on 5 Ejari contracts, from AED 23,000 to AED 37,500 a year.
  • At AED 37,500 a year the gross yield on the 2024 price is 9.4%, 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 14 May 2026.

Questions about 308, Kappa Acca 3

What did unit 308 last sell for?

AED 399,000 on 7 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 308?

AED 37,500 a year on the contract renewed on 14 May 2026. The previous contract, from May 2025, was AED 33,000; the unit has been rented since May 2022.

How big is unit 308?

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

What is unit 308 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 308, Kappa Acca 3

Starts from the last sale price (AED 399K, 7 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 →