2-bed · 1,703 sqftSuburbia Podium, Jebel Ali Downtown · 2nd floor · completed 2013

P220, Suburbia Podium

Sold prices and rental history: sold once, by the developer in August 2016, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P220 · DLD and Ejari recordsUpdated 1 February 2020
Last soldAED 1.28M17 August 2016
Current rentAED 60K /yr1 February 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for P220, Suburbia Podium

What is P220 worth today?

Last sold for AED 1,278,537 in 2016

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1 Feb 2020RentedNew contract
AED 60,000/yr12 months · AED 35 per sqft
1 Mar 2017RentedNew contract
AED 85,000/yr12 months · AED 50 per sqft
17 Aug 2016Sold by developerReady
AED 1,278,537AED 750 per sqft

Source: Dubai Land Department. Updated 1 February 2020.

Key facts

Type
2-bed apartment
Size
1,703 sqft
Floor
2nd of 3
Parking
P3-10
Developer
DAMAC
Completed
2013
Service charge
AED 25,600 /yr
Last sold
AED 1.28M · August 2016

About P220, Suburbia Podium

P220 is a two-bedroom apartment of 1,703 sqft on the 2nd floor of Suburbia Podium, a 3-storey tower in Jebel Ali Downtown completed in 2013 by DAMAC. The developer sold it on 17 August 2016 for AED 1,278,537, or AED 750 per sqft, 25% below the AED 999 two-beds in the building were fetching at the time.

It has been rented since 2017 on 2 Ejari contracts. The current contract, signed on 1 February 2020, is AED 60,000 a year: a gross yield of 4.7% on the 2016 price, before the service charge of about AED 25,600 a year.

Sales and rents for P220 over time

Sales
Unit P220, each saleTypical two-bed in Suburbia Podium
1.1M1.2M1.3M201320152017Typical sale price by year: 2013 AED 1,342,000; 2014 AED 1,137,140; 2016 AED 1,206,540; 2017 AED 1,123,000Sold by developer, August 2016: AED 1,278,537 (AED 750 per sqft)

P220 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit P220, each contractTypical two-bed in Suburbia Podium
50K75K20152018202120242027Typical rent by year: 2015 AED 85,000; 2016 AED 80,000; 2017 AED 72,500; 2018 AED 63,217; 2019 AED 53,500; 2020 AED 45,000; 2021 AED 40,000; 2022 AED 47,000; 2023 AED 60,000; 2024 AED 65,000; 2025 AED 65,000; 2026 AED 70,000New contract, March 2017: AED 85,000 a yearNew contract, February 2020: 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 Suburbia Podium, and where P220 sits

All 21 2-beds →

P220 last sold in August 2016 at AED 750 per sqft, 25% below what two-beds in Suburbia Podium were fetching at the time (AED 999). Over the last 12 months two-beds sold for AED 800,000 to 1,821,720, around AED 754 per sqft, and rent for AED 60,000 to 79,000 a year. P220's AED 60,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
20 Oct 20261,821,720
17 Dec 2025800,000
6 Jan 20251,180,000
25 Mar 2024750,000
2 2-bed sales in the last 12 months

Suburbia Podium

Building

81 apartments, studios to 4-bed over 3 floors in Jebel Ali Downtown, completed in 2013 by DAMAC. 16 sold in the last 12 months.

Typical price per sqft
AED 759
Typical sale
AED 555K
Typical rent
AED 55K /yr
Typical yield
9.6%
Suburbia Podium, Jebel Ali Downtown: prices, sales and rents →

Other units on the 2nd floor

All 81 units in Suburbia Podium
Value
P2011-bedAED 550K · Oct 2018
P2021-bedAED 525K · Jul 2025
P2032-bedAED 1.23M · Mar 2014
P2041-bedAED 570K · Jul 2017
P2051-bedAED 290K · Nov 2017
P2061-bedAED 610K · Feb 2018
P2071-bedAED 772K · Mar 2014
1–7 of 30

P220, Suburbia Podium in numbers

  • Sold once: by DAMAC on 17 August 2016 for AED 1,278,537, or AED 750 per sqft.
  • Rented since March 2017 on 2 Ejari contracts, from AED 85,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2016 price is 4.7%, before a service charge of about AED 25,600 a year (AED 15.04 per sqft).
  • Two-beds in Suburbia Podium sold for AED 800,000–1,821,720 in the 12 months to November 2026; the building's median across all types is AED 759 per sqft.

Source: Dubai Land Department. Updated 1 February 2020.

Questions about P220, Suburbia Podium

What did unit P220 last sell for?

AED 1,278,537 on 17 August 2016, sold by the developer: AED 750 per sqft for 1,703 sqft. It is the only registered sale of the unit.

What is the rent for unit P220?

AED 60,000 a year on the contract signed on 1 February 2020. The previous contract, from March 2017, was AED 85,000.

How big is unit P220?

1,703 sqft (158.2 sqm): a two-bedroom apartment on the 2nd floor of a 3-storey tower completed in 2013.

What is unit P220 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Suburbia Podium sold for AED 800,000 to 1,821,720 in the last 12 months, around AED 754 per sqft.

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Mortgage on P220, Suburbia Podium

Starts from the last sale price (AED 1.28M, 17 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,278,537
Deposit, UAE resident (20%)
AED 255,707
Deposit, non-resident (40%)
AED 511,415
Monthly over 25 years at 3.7%
AED 5,231

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