2-bed · 1,678 sqftUrbana Block 16, Emaar South · completed 2019

G03, Urbana Block 16

Sold prices and rental history: sold twice, last in March 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G03 · DLD and Ejari recordsUpdated 10 March 2023
Last soldAED 1M10 March 2023
Current rentAED 48K /yr2 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G03, Urbana Block 16

What is G03 worth today?

Last sold for AED 1,000,000 in 2023

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10 Mar 2023SoldReady
AED 1,000,000AED 596 per sqft
2 Jul 2022RentedRenewal
AED 48,300/yr12 months · AED 29 per sqft
2 Jul 2021RentedRenewal
AED 46,000/yr12 months · AED 27 per sqft
2 Jul 2020RentedNew contract
AED 46,000/yr12 months · AED 27 per sqft
8 Mar 2017Sold by developerOff-plan
AED 974,888AED 581 per sqft

Source: Dubai Land Department. Updated 10 March 2023.

Key facts

Type
2-bed apartment
Size
1,678 sqft
Parking
G03-1, G03-2
Developer
Emaar
Completed
2019
Last sold
AED 1M · March 2023

About G03, Urbana Block 16

G03 is a two-bedroom apartment of 1,678 sqft of Urbana Block 16, a 1-storey tower in Emaar South completed in 2019 by Emaar. It last sold on 10 March 2023 for AED 1,000,000, or AED 596 per sqft.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 2 July 2022, is AED 48,300 a year: a gross yield of 4.8% on the 2023 price.

Sales and rents for G03 over time

Rents
Unit G03, each contractTypical two-bed in Urbana Block 16
50K75K2020202220242026Typical rent by year: 2020 AED 38,000; 2021 AED 44,000; 2022 AED 45,000; 2024 AED 78,500; 2025 AED 85,000New contract, July 2020: AED 46,000 a yearRenewal, July 2021: AED 46,000 a yearRenewal, July 2022: AED 48,300 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 Urbana Block 16, and where G03 sits

All 6 2-beds →

Over the last 12 months two-beds sold for AED 1,420,000, around AED 1,173 per sqft, and rent for AED 78,000 to 85,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
8 Sep 20261,420,000
17 Jul 2023840,000
22 Sep 2019970,888
31 Jan 2019974,888
1 2-bed sale in the last 12 months

Urbana Block 16

Building

1 apartment, 2-bed to 3-bed over 1 floors in Emaar South, completed in 2019 by Emaar. 1 sold in the last 12 months.

Typical price per sqft
AED 1,173
Typical sale
AED 1.42M
Typical rent
AED 82K /yr
Typical yield
5.5%
Urbana Block 16, Emaar South: prices, sales and rents →

G03, Urbana Block 16 in numbers

  • Sold twice: first on 8 March 2017 for AED 974,888, last on 10 March 2023 for AED 1,000,000 (AED 596 per sqft).
  • Rented since July 2020 on 3 Ejari contracts, from AED 46,000 to AED 48,300 a year.
  • At AED 48,300 a year the gross yield on the 2023 price is 4.8%.
  • Two-beds in Urbana Block 16 sold for AED 1,420,000–1,420,000 in the 12 months to November 2026; the building's median across all types is AED 1,173 per sqft.

Source: Dubai Land Department. Updated 10 March 2023.

Questions about G03, Urbana Block 16

What did unit G03 last sell for?

AED 1,000,000 on 10 March 2023: AED 596 per sqft for 1,678 sqft. The unit has 2 registered sales; the first was AED 974,888 in March 2017.

What is the rent for unit G03?

AED 48,300 a year on the contract renewed on 2 July 2022. The previous contract, from July 2021, was AED 46,000; the unit has been rented since July 2020.

How big is unit G03?

1,678 sqft (155.9 sqm): a two-bedroom apartment of a 1-storey tower completed in 2019.

What is unit G03 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Urbana Block 16 sold for AED 1,420,000 to 1,420,000 in the last 12 months, around AED 1,173 per sqft.

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Mortgage on G03, Urbana Block 16

Starts from the last sale price (AED 1M, 10 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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