2-bed · 1,311 sqftJ One Building, Dubailand Residence Complex · 5th floor · completed 2021

508, J One Building

Sold prices and rental history: sold twice, last in October 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 24 October 2024
Last soldAED 1.2M24 October 2024
Current rentAED 62K /yr15 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, J One Building

What is 508 worth today?

Last sold for AED 1,200,000 in 2024

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24 Oct 2024SoldReady
AED 1,200,000AED 915 per sqft
15 May 2024RentedRenewal
AED 62,399/yr7 months · AED 48 per sqft
14 Feb 2024Sold by developerReady
AED 797,572AED 608 per sqft
15 May 2023RentedNew contract
AED 62,000/yr12 months · AED 47 per sqft
15 Oct 2022RentedRenewal
AED 55,000/yr12 months · AED 42 per sqft
15 Oct 2021RentedNew contract
AED 53,000/yr12 months · AED 40 per sqft
22 Sep 2020RentedNew contract
AED 58,000/yr12 months · AED 44 per sqft

Source: Dubai Land Department. Updated 24 October 2024.

Key facts

Type
2-bed apartment
Size
1,311 sqft
Floor
5th of 11
Parking
B-65
Developer
RKM Real Estate
Completed
2021
Last sold
AED 1.2M · October 2024

About 508, J One Building

508 is a two-bedroom apartment of 1,311 sqft on the 5th floor of J One Building, a 11-storey tower in Dubailand Residence Complex completed in 2021 by RKM Real Estate. It last sold on 24 October 2024 for AED 1,200,000, or AED 915 per sqft, 34% above the AED 685 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 15 May 2024, is AED 62,399 a year: a gross yield of 5.2% on the 2024 price.

Sales and rents for 508 over time

Sales
Unit 508, each saleTypical two-bed in J One Building
800K1M1.2M2023202420252026Typical sale price by year: 2023 AED 869,306; 2024 AED 900,000; 2025 AED 1,235,000Sold by developer, February 2024: AED 797,572 (AED 608 per sqft)Sold, October 2024: AED 1,200,000 (AED 915 per sqft)

508 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 508, each contractTypical two-bed in J One Building
60K80K2020202220242026Typical rent by year: 2020 AED 58,000; 2021 AED 55,000; 2022 AED 56,000; 2023 AED 60,500; 2024 AED 66,103; 2025 AED 80,000; 2026 AED 83,000New contract, September 2020: AED 58,000 a yearNew contract, October 2021: AED 53,000 a yearRenewal, October 2022: AED 55,000 a yearNew contract, May 2023: AED 62,000 a yearRenewal, May 2024: AED 62,399 a year

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

2-beds in J One Building, and where 508 sits

All 44 2-beds →

508 last sold in October 2024 at AED 915 per sqft, 34% above what two-beds in J One Building were fetching at the time (AED 685). Over the last 12 months two-beds sold for AED 1,315,000, around AED 1,030 per sqft, and rent for AED 70,000 to 120,000 a year. 508's AED 62,399 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Nov 20251,315,000
5 Nov 20251,220,000
3 Jun 20251,220,000
6 Mar 20251,250,000
1 2-bed sale in the last 12 months

J One Building

Building

126 apartments, 1-bed to 2-bed over 11 floors in Dubailand Residence Complex, completed in 2021 by RKM Real Estate. 12 sold in the last 12 months.

Typical price per sqft
AED 1,072 Up 13.2%
Typical sale
AED 860K
Typical rent
AED 60K /yr
Typical yield
6.3%
J One Building, Dubailand Residence Complex: prices, sales and rents →

Other units on the 5th floor

All 126 units in J One Building
Value
5011-bedAED 579K · Dec 2023
5022-bedAED 808K · Dec 2023
5031-bedAED 855K · Mar 2026
5042-bedAED 900K · Jan 2024
5051-bedAED 710K · Dec 2024
5061-bedAED 538K · Feb 2024
5071-bedAED 620K · Jan 2024
1–7 of 11

508, J One Building in numbers

  • Sold twice: first on 14 February 2024 for AED 797,572, last on 24 October 2024 for AED 1,200,000 (AED 915 per sqft).
  • Rented since September 2020 on 5 Ejari contracts, from AED 58,000 to AED 62,399 a year.
  • At AED 62,399 a year the gross yield on the 2024 price is 5.2%.
  • Two-beds in J One Building sold for AED 1,315,000–1,315,000 in the 12 months to November 2026; the building's median across all types is AED 1,072 per sqft.

Source: Dubai Land Department. Updated 24 October 2024.

Questions about 508, J One Building

What did unit 508 last sell for?

AED 1,200,000 on 24 October 2024: AED 915 per sqft for 1,311 sqft. The unit has 2 registered sales; the first was AED 797,572 in February 2024.

What is the rent for unit 508?

AED 62,399 a year on the contract renewed on 15 May 2024. The previous contract, from May 2023, was AED 62,000; the unit has been rented since September 2020.

How big is unit 508?

1,311 sqft (121.8 sqm): a two-bedroom apartment on the 5th floor of a 11-storey tower completed in 2021.

What is unit 508 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in J One Building sold for AED 1,315,000 to 1,315,000 in the last 12 months, around AED 1,030 per sqft.

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Mortgage on 508, J One Building

Starts from the last sale price (AED 1.2M, 24 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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