3-bed · 1,615 sqftSuburbia B, Jebel Ali Downtown · 5th floor · completed 2013

B501, Suburbia B

Sold prices and rental history: sold 4 times, last in November 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B501 · DLD and Ejari recordsUpdated 19 November 2024
Last soldAED 1M19 November 2024
Current rentAED 85K /yr1 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B501, Suburbia B

What is B501 worth today?

Last sold for AED 1,000,000 in 2024

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19 Nov 2024SoldReady
AED 1,000,000AED 619 per sqft
30 Sep 2024SoldReady
AED 791,660AED 490 per sqft
1 Jan 2024RentedNew contract
AED 85,000/yr12 months · AED 53 per sqft
7 Jul 2022RentedRenewal
AED 57,200/yr12 months · AED 35 per sqft
1 Sep 2021SoldReady
AED 954,200AED 590 per sqft
7 Jul 2021RentedNew contract
AED 52,000/yr12 months · AED 32 per sqft
16 Jul 2019RentedNew contract
AED 65,000/yr12 months · AED 40 per sqft
10 Oct 2017Sold by developerReady
AED 1,454,000AED 900 per sqft

Source: Dubai Land Department. Updated 19 November 2024.

Key facts

Type
3-bed apartment
Size
1,615 sqft
Floor
5th of 17
Parking
M-078
Developer
DAMAC
Completed
2013
Last sold
AED 1M · November 2024
Building
Suburbia B

About B501, Suburbia B

B501 is a three-bedroom apartment of 1,615 sqft on the 5th floor of Suburbia B, a 17-storey tower in Jebel Ali Downtown completed in 2013 by DAMAC. It last sold on 19 November 2024 for AED 1,000,000, or AED 619 per sqft, 10% above the AED 562 three-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 1 January 2024, is AED 85,000 a year: a gross yield of 8.5% on the 2024 price.

Sales and rents for B501 over time

Sales
Unit B501, each saleTypical three-bed in Suburbia B
1M1.5M2014201720202023Typical sale price by year: 2014 AED 1,616,000; 2016 AED 1,372,776; 2017 AED 1,454,000; 2024 AED 816,819Sold by developer, October 2017: AED 1,454,000 (AED 900 per sqft)Sold, September 2021: AED 954,200 (AED 590 per sqft)Sold, September 2024: AED 791,660 (AED 490 per sqft)Sold, November 2024: AED 1,000,000 (AED 619 per sqft)

B501 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit B501, each contractTypical three-bed in Suburbia B
50K75K100K20152018202120242027Typical rent by year: 2015 AED 105,000; 2016 AED 99,500; 2017 AED 95,000; 2018 AED 75,000; 2019 AED 65,000; 2020 AED 56,000; 2021 AED 55,500; 2022 AED 63,000; 2023 AED 78,000; 2024 AED 85,000; 2025 AED 85,000; 2026 AED 85,000New contract, July 2019: AED 65,000 a yearNew contract, July 2021: AED 52,000 a yearRenewal, July 2022: AED 57,200 a yearNew contract, January 2024: AED 85,000 a year

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

3-beds in Suburbia B, and where B501 sits

All 14 3-beds →

B501 last sold in November 2024 at AED 619 per sqft, 10% above what three-beds in Suburbia B were fetching at the time (AED 562). Over the last 12 months three-beds sold for AED 1,070,000 to 1,080,000, around AED 665 per sqft, and rent for AED 55,000 to 95,000 a year. B501's AED 85,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
6 Aug 20261,080,000
9 Mar 20261,070,000
4 Mar 2024816,819
6 Dec 20231,100,000
2 3-bed sales in the last 12 months

Suburbia B

Building

140 apartments, 1-bed to 3-bed over 17 floors in Jebel Ali Downtown, completed in 2013 by DAMAC. 14 sold in the last 12 months.

Typical price per sqft
AED 745 Up 8.8%
Typical sale
AED 598K
Typical rent
AED 55K /yr
Typical yield
9.4%
Suburbia B, Jebel Ali Downtown: prices, sales and rents →

Other units on the 5th floor

All 140 units in Suburbia B
Value
B5022-bedAED 1.3M · Apr 2016
B5031-bedAED 757K · Jun 2015
B5041-bedAED 507K · Oct 2017
B5051-bedAED 495K · Dec 2016
B5061-bedAED 650K · Aug 2026
B5072-bedAED 470K · Mar 2021
B5081-bedAED 580K · Nov 2017
1–7 of 9

B501, Suburbia B in numbers

  • Sold 4 times: first on 10 October 2017 for AED 1,454,000, last on 19 November 2024 for AED 1,000,000 (AED 619 per sqft).
  • Rented since July 2019 on 4 Ejari contracts. The rent fell from AED 65,000 to AED 52,000 in 2021 and recovered to AED 85,000 by January 2024.
  • At AED 85,000 a year the gross yield on the 2024 price is 8.5%.
  • Three-beds in Suburbia B sold for AED 1,070,000–1,080,000 in the 12 months to November 2026; the building's median across all types is AED 745 per sqft.

Source: Dubai Land Department. Updated 19 November 2024.

Questions about B501, Suburbia B

What did unit B501 last sell for?

AED 1,000,000 on 19 November 2024: AED 619 per sqft for 1,615 sqft. The unit has 4 registered sales; the first was AED 1,454,000 in October 2017.

What is the rent for unit B501?

AED 85,000 a year on the contract signed on 1 January 2024. The previous contract, from July 2022, was AED 57,200; the unit has been rented since July 2019.

How big is unit B501?

1,615 sqft (150.0 sqm): a three-bedroom apartment on the 5th floor of a 17-storey tower completed in 2013.

What is unit B501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Suburbia B sold for AED 1,070,000 to 1,080,000 in the last 12 months, around AED 665 per sqft.

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Mortgage on B501, Suburbia B

Starts from the last sale price (AED 1M, 19 November 2024). 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 →