Studio · 408 sqftKappa Acca 3, Dubai South · 4th floor · completed 2019

407, Kappa Acca 3

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

Unit 407 · DLD and Ejari recordsUpdated 1 July 2025
Last soldAED 349K29 June 2024
Current rentAED 38K /yr1 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Kappa Acca 3

What is 407 worth today?

Last sold for AED 349,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Jul 2025RentedNew contract
AED 38,000/yr12 months · AED 93 per sqft
1 Jul 2025RentedNew contract
AED 38,000/yr12 months · AED 93 per sqft
29 Jun 2024Sold by developerReady
AED 349,000AED 855 per sqft
1 Mar 2024RentedNew contract
AED 36,000/yr12 months · AED 88 per sqft
5 Jan 2023RentedNew contract
AED 25,000/yr12 months · AED 61 per sqft
1 Nov 2022RentedNew contract
AED 24,000/yr12 months · AED 59 per sqft
17 Apr 2022RentedNew contract
AED 25,000/yr12 months · AED 61 per sqft

Source: Dubai Land Department. Updated 1 July 2025.

Key facts

Type
Studio apartment
Size
408 sqft
Floor
4th of 4
Parking
G-22
Developer
Kappa Acca Real Estate Development
Completed
2019
Service charge
AED 7,100 /yr
Last sold
AED 349K · June 2024
Building
Kappa Acca 3

About 407, Kappa Acca 3

407 is a studio of 408 sqft on the 4th 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 29 June 2024 for AED 349,000, or AED 855 per sqft, 14% below the AED 990 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, signed on 1 July 2025, is AED 38,000 a year: a gross yield of 10.9% on the 2024 price, before the service charge of about AED 7,100 a year.

Sales and rents for 407 over time

Sales
Unit 407, 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, June 2024: AED 349,000 (AED 855 per sqft)

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

Rents
Unit 407, 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, April 2022: AED 25,000 a yearNew contract, November 2022: AED 24,000 a yearNew contract, January 2023: AED 25,000 a yearNew contract, March 2024: AED 36,000 a yearNew contract, July 2025: AED 38,000 a yearNew contract, July 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 407 sits

All 45 studios →

407 last sold in June 2024 at AED 855 per sqft, 14% below what studios in Kappa Acca 3 were fetching at the time (AED 990). 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. 407'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 4th floor

All 81 units in Kappa Acca 3
Value
4011-bedAED 608K · Sep 2025
4022-bedAED 755K · Jun 2024
403StudioAED 395K · Oct 2023
404StudioAED 509K · Feb 2026
405StudioAED 470K · Feb 2020
406StudioAED 620K · Jan 2022
408StudioAED 470K · Aug 2026
1–7 of 17

407, Kappa Acca 3 in numbers

  • Sold once: by Kappa Acca Real Estate Development on 29 June 2024 for AED 349,000, or AED 855 per sqft.
  • Rented since April 2022 on 6 Ejari contracts, from AED 25,000 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2024 price is 10.9%, 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 1 July 2025.

Questions about 407, Kappa Acca 3

What did unit 407 last sell for?

AED 349,000 on 29 June 2024, sold by the developer: AED 855 per sqft for 408 sqft. It is the only registered sale of the unit.

What is the rent for unit 407?

AED 38,000 a year on the contract signed on 1 July 2025. The previous contract, from July 2025, was AED 38,000; the unit has been rented since April 2022.

How big is unit 407?

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

What is unit 407 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.

Selling 407? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 407, Kappa Acca 3

Starts from the last sale price (AED 349K, 29 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 349,000
Deposit, UAE resident (20%)
AED 69,800
Deposit, non-resident (40%)
AED 139,600
Monthly over 25 years at 3.7%
AED 1,428

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