1-bed · 612 sqftSuncity Homes, International City Phase 2 & 3 · 3rd floor · completed 2021

314, Suncity Homes

Sold prices and rental history: sold once, by the developer in November 2019, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 314 · DLD and Ejari recordsUpdated 8 March 2024
Last soldAED 515K26 November 2019
Current rentAED 15K /yr8 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 314, Suncity Homes

What is 314 worth today?

Last sold for AED 515,000 in 2019

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8 Mar 2024RentedNew contract
AED 15,000/yr60 months · AED 24 per sqft
5 Feb 2023RentedRenewal
AED 36,000/yr12 months · AED 59 per sqft
5 Feb 2022RentedNew contract
AED 36,000/yr12 months · AED 59 per sqft
1 Jan 2021RentedNew contract
AED 36,000/yr13 months · AED 59 per sqft
26 Nov 2019Sold by developerOff-plan
AED 515,000AED 841 per sqft

Source: Dubai Land Department. Updated 8 March 2024.

Key facts

Type
1-bed apartment
Size
612 sqft
Floor
3rd of 6
Parking
P-27
Developer
Sunn And Sand Developers
Completed
2021
Service charge
AED 9,300 /yr
Last sold
AED 515K · November 2019

About 314, Suncity Homes

314 is a one-bedroom apartment of 612 sqft on the 3rd floor of Suncity Homes, a 6-storey tower in International City Phase 2 & 3 completed in 2021 by Sunn And Sand Developers. The developer sold it on 26 November 2019 for AED 515,000, or AED 841 per sqft, in line with the AED 843 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 8 March 2024, is AED 15,000 a year: a gross yield of 2.9% on the 2019 price, before the service charge of about AED 9,300 a year.

Sales and rents for 314 over time

Rents
Unit 314, each contractTypical one-bed in Suncity Homes
20K40K2021202320252027Typical rent by year: 2021 AED 36,000; 2022 AED 36,000; 2023 AED 36,000; 2024 AED 44,000; 2025 AED 44,000; 2026 AED 45,000New contract, January 2021: AED 36,000 a yearNew contract, February 2022: AED 36,000 a yearRenewal, February 2023: AED 36,000 a yearNew contract, March 2024: AED 15,000 a year

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

1-beds in Suncity Homes, and where 314 sits

All 26 1-beds →

314 last sold in November 2019 at AED 841 per sqft, in line with what one-beds in Suncity Homes were fetching at the time (AED 843). 314's AED 15,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Jan 2025530,000
24 Jul 2024517,000
21 Feb 2022460,000
30 Nov 2020515,000
0 1-bed sales in the last 12 months

Suncity Homes

Building

60 apartments, 1-bed to 2-bed over 6 floors in International City Phase 2 & 3, completed in 2021 by Sunn And Sand Developers. 1 sold in the last 12 months.

Typical price per sqft
AED 826
Typical sale
AED 680K
Typical rent
AED 53K /yr
Typical yield
8.9%
Suncity Homes, International City Phase 2 & 3: prices, sales and rents →

Other units on the 3rd floor

All 60 units in Suncity Homes
Value
3012-bedAED 680K · May 2023
3022-bedAED 680K · Nov 2022
3031-bedNo registered sale
3041-bedNo registered sale
3052-bedAED 680K · Feb 2020
3061-bedNo registered sale
3072-bedAED 680K · Jun 2021
1–7 of 12

314, Suncity Homes in numbers

  • Sold once: by Sunn And Sand Developers on 26 November 2019 for AED 515,000, or AED 841 per sqft.
  • Rented since January 2021 on 4 Ejari contracts, from AED 36,000 to AED 15,000 a year.
  • At AED 15,000 a year the gross yield on the 2019 price is 2.9%, before a service charge of about AED 9,300 a year (AED 15.21 per sqft).

Source: Dubai Land Department. Updated 8 March 2024.

Questions about 314, Suncity Homes

What did unit 314 last sell for?

AED 515,000 on 26 November 2019, sold by the developer: AED 841 per sqft for 612 sqft. It is the only registered sale of the unit.

What is the rent for unit 314?

AED 15,000 a year on the contract signed on 8 March 2024. The previous contract, from February 2023, was AED 36,000; the unit has been rented since January 2021.

How big is unit 314?

612 sqft (56.9 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2021.

What is unit 314 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 314, Suncity Homes

Starts from the last sale price (AED 515K, 26 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 515,000
Deposit, UAE resident (20%)
AED 103,000
Deposit, non-resident (40%)
AED 206,000
Monthly over 25 years at 3.7%
AED 2,107

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