2-bed · 1,694 sqftUrbana III Block 15, Emaar South · completed 2020

G03, Urbana III Block 15

Sold prices and rental history: sold twice, last in February 2024, 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 15 February 2024
Last soldAED 1.2M15 February 2024
Current rentAED 68K /yr1 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G03, Urbana III Block 15

What is G03 worth today?

Last sold for AED 1,200,000 in 2024

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15 Feb 2024SoldReady
AED 1,200,000AED 708 per sqft
1 Jun 2023RentedNew contract
AED 67,500/yr12 months · AED 40 per sqft
5 Nov 2021RentedRenewal
AED 40,000/yr12 months · AED 24 per sqft
5 Nov 2020RentedNew contract
AED 40,000/yr12 months · AED 24 per sqft
9 Jul 2017Sold by developerOff-plan
AED 1,038,888AED 613 per sqft

Source: Dubai Land Department. Updated 15 February 2024.

Key facts

Type
2-bed apartment
Size
1,694 sqft
Parking
G03-1, G03-2
Developer
Emaar
Completed
2020
Last sold
AED 1.2M · February 2024

About G03, Urbana III Block 15

G03 is a two-bedroom apartment of 1,694 sqft of Urbana III Block 15, in Emaar South completed in 2020 by Emaar. It last sold on 15 February 2024 for AED 1,200,000, or AED 708 per sqft.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 1 June 2023, is AED 67,500 a year: a gross yield of 5.6% on the 2024 price.

Sales and rents for G03 over time

Sales
Unit G03, each saleTypical two-bed in Urbana III Block 15
1M1.1M1.2M2017201920212023Typical sale price by year: 2017 AED 979,888; 2019 AED 979,888Sold by developer, July 2017: AED 1,038,888 (AED 613 per sqft)Sold, February 2024: AED 1,200,000 (AED 708 per sqft)

G03 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit G03, each contractTypical two-bed in Urbana III Block 15
40K60K2020202220242026Typical rent by year: 2021 AED 40,000; 2023 AED 53,000; 2025 AED 73,000New contract, November 2020: AED 40,000 a yearRenewal, November 2021: AED 40,000 a yearNew contract, June 2023: AED 67,500 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 III Block 15, and where G03 sits

All 6 2-beds →
Recent 2-bed salesUnit no.Price (AED)Summary
12 Jun 20241,100,000
16 Mar 2023800,000
4 Feb 20221,025,000
28 Feb 2021750,000
0 2-bed sales in the last 12 months

Urbana III Block 15

Building

1 apartment, 2-bed to 3-bed in Emaar South, completed in 2020 by Emaar. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 120K /yr
Typical yield
Urbana III Block 15, Emaar South: prices, sales and rents →

G03, Urbana III Block 15 in numbers

  • Sold twice: first on 9 July 2017 for AED 1,038,888, last on 15 February 2024 for AED 1,200,000 (AED 708 per sqft).
  • Rented since November 2020 on 3 Ejari contracts, from AED 40,000 to AED 67,500 a year.
  • At AED 67,500 a year the gross yield on the 2024 price is 5.6%.

Source: Dubai Land Department. Updated 15 February 2024.

Questions about G03, Urbana III Block 15

What did unit G03 last sell for?

AED 1,200,000 on 15 February 2024: AED 708 per sqft for 1,694 sqft. The unit has 2 registered sales; the first was AED 1,038,888 in July 2017.

What is the rent for unit G03?

AED 67,500 a year on the contract signed on 1 June 2023. The previous contract, from November 2021, was AED 40,000; the unit has been rented since November 2020.

How big is unit G03?

1,694 sqft (157.4 sqm): a two-bedroom apartment of Urbana III Block 15 completed in 2020.

What is unit G03 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on G03, Urbana III Block 15

Starts from the last sale price (AED 1.2M, 15 February 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 →