2-bed · 1,277 sqftJ One Building, Dubailand Residence Complex · 7th floor · completed 2021

704, J One Building

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

Unit 704 · DLD and Ejari recordsUpdated 15 January 2024
Last soldAED 840K15 January 2024
Current rentAED 60K /yr1 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, J One Building

What is 704 worth today?

Last sold for AED 840,000 in 2024

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15 Jan 2024Sold by developerReady
AED 840,000AED 657 per sqft
1 Sep 2023RentedRenewal
AED 60,000/yr12 months · AED 47 per sqft
1 Sep 2022RentedRenewal
AED 56,000/yr12 months · AED 44 per sqft
1 Sep 2021RentedRenewal
AED 58,000/yr12 months · AED 45 per sqft
1 Sep 2020RentedNew contract
AED 58,000/yr12 months · AED 45 per sqft

Source: Dubai Land Department. Updated 15 January 2024.

Key facts

Type
2-bed apartment
Size
1,277 sqft
Floor
7th of 11
Parking
B-39
Developer
RKM Real Estate
Completed
2021
Last sold
AED 840K · January 2024

About 704, J One Building

704 is a two-bedroom apartment of 1,277 sqft on the 7th floor of J One Building, a 11-storey tower in Dubailand Residence Complex completed in 2021 by RKM Real Estate. The developer sold it on 15 January 2024 for AED 840,000, or AED 657 per sqft, in line with the AED 676 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 1 September 2023, is AED 60,000 a year: a gross yield of 7.1% on the 2024 price.

Sales and rents for 704 over time

Sales
Unit 704, 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, January 2024: AED 840,000 (AED 657 per sqft)

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

Rents
Unit 704, 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 yearRenewal, September 2021: AED 58,000 a yearRenewal, September 2022: AED 56,000 a yearRenewal, September 2023: AED 60,000 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 704 sits

All 44 2-beds →

704 last sold in January 2024 at AED 657 per sqft, in line with what two-beds in J One Building were fetching at the time (AED 676). 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. 704's AED 60,000 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 7th floor

All 126 units in J One Building
Value
7011-bedAED 900K · Aug 2026
7022-bedAED 900K · Jan 2024
7031-bedAED 1.02M · Nov 2024
7051-bedAED 765K · Feb 2024
7061-bedAED 499K · Feb 2024
7071-bedAED 700K · Oct 2024
7082-bedAED 900K · Mar 2024
1–7 of 11

704, J One Building in numbers

  • Sold once: by RKM Real Estate on 15 January 2024 for AED 840,000, or AED 657 per sqft.
  • Rented since September 2020 on 4 Ejari contracts, from AED 58,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2024 price is 7.1%.
  • 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 15 January 2024.

Questions about 704, J One Building

What did unit 704 last sell for?

AED 840,000 on 15 January 2024, sold by the developer: AED 657 per sqft for 1,277 sqft. It is the only registered sale of the unit.

What is the rent for unit 704?

AED 60,000 a year on the contract renewed on 1 September 2023. The previous contract, from September 2022, was AED 56,000; the unit has been rented since September 2020.

How big is unit 704?

1,277 sqft (118.6 sqm): a two-bedroom apartment on the 7th floor of a 11-storey tower completed in 2021.

What is unit 704 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 704, J One Building

Starts from the last sale price (AED 840K, 15 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 840,000
Deposit, UAE resident (20%)
AED 168,000
Deposit, non-resident (40%)
AED 336,000
Monthly over 25 years at 3.7%
AED 3,437

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