Studio · 407 sqftKappa Acca 3, Dubai South · 4th floor · completed 2019

408, Kappa Acca 3

Sold prices and rental history: sold twice, last in August 2026, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 470K14 August 2026
Current rentAED 37K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Kappa Acca 3

What is 408 worth today?

Last sold for AED 470,000 in 2026

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1 Oct 2026RentedNew contract
AED 37,000/yr12 months · AED 90 per sqft
14 Aug 2026SoldReady
AED 470,000AED 1,154 per sqft
15 Mar 2026RentedNew contract
AED 38,000/yr12 months · AED 93 per sqft
15 Mar 2025RentedNew contract
AED 36,000/yr12 months · AED 88 per sqft
31 Mar 2024Sold by developerReady
AED 610,000AED 1,498 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
Studio apartment
Size
407 sqft
Floor
4th of 4
Parking
G-23
Developer
Kappa Acca Real Estate Development
Completed
2019
Service charge
AED 7,100 /yr
Last sold
AED 470K · August 2026
Building
Kappa Acca 3

About 408, Kappa Acca 3

408 is a studio of 407 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. It last sold on 14 August 2026 for AED 470,000, or AED 1,154 per sqft, 5% above the AED 1,104 studios in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 1 October 2026, is AED 37,000 a year: a gross yield of 7.9% on the 2026 price, before the service charge of about AED 7,100 a year.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical studio in Kappa Acca 3
400K600K201920222025Typical 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, March 2024: AED 610,000 (AED 1,498 per sqft)Sold, August 2026: AED 470,000 (AED 1,154 per sqft)

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

Rents
Unit 408, 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, March 2025: AED 36,000 a yearNew contract, March 2026: AED 38,000 a yearNew contract, October 2026: AED 37,000 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 408 sits

All 45 studios →

408 last sold in August 2026 at AED 1,154 per sqft, 5% above what studios in Kappa Acca 3 were fetching at the time (AED 1,104). 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. 408's AED 37,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
17 Sep 2026496,000
9 Sep 2026400,000
11 Jun 2026450,000
27 Feb 2026509,000
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
407StudioAED 349K · Jun 2024
1–7 of 17

408, Kappa Acca 3 in numbers

  • Sold twice: first on 31 March 2024 for AED 610,000, last on 14 August 2026 for AED 470,000 (AED 1,154 per sqft).
  • Rented since March 2025 on 3 Ejari contracts, from AED 36,000 to AED 37,000 a year.
  • At AED 37,000 a year the gross yield on the 2026 price is 7.9%, 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 October 2026.

Questions about 408, Kappa Acca 3

What did unit 408 last sell for?

AED 470,000 on 14 August 2026: AED 1,154 per sqft for 407 sqft. The unit has 2 registered sales; the first was AED 610,000 in March 2024.

What is the rent for unit 408?

AED 37,000 a year on the contract signed on 1 October 2026. The previous contract, from March 2026, was AED 38,000; the unit has been rented since March 2025.

How big is unit 408?

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

What is unit 408 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 408, Kappa Acca 3

Starts from the last sale price (AED 470K, 14 August 2026). Switch to today's estimate once you have unlocked it.
Price
AED 470,000
Deposit, UAE resident (20%)
AED 94,000
Deposit, non-resident (40%)
AED 188,000
Monthly over 25 years at 3.7%
AED 1,923

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