Studio · 456 sqftSaba Towers 3, Jumeirah Lake Towers (JLT) · 4th floor · completed 2008

406, Saba Towers 3

Sold prices and rental history: sold once, by the developer in December 2008, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 15 May 2026
Last soldAED 410K18 December 2008
Current rentAED 55K /yr15 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Saba Towers 3

What is 406 worth today?

Last sold for AED 410,000 in 2008

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15 May 2026RentedRenewal
AED 55,000/yr12 months · AED 122 per sqft
6 Nov 2025RentedNew contract
AED 63,000/yr12 months · AED 139 per sqft
15 May 2025RentedRenewal
AED 55,000/yr12 months · AED 122 per sqft
15 May 2025RentedRenewal
AED 55,000/yr12 months · AED 122 per sqft
15 May 2024RentedNew contract
AED 65,000/yr12 months · AED 144 per sqft
20 Oct 2022RentedNew contract
AED 45,000/yr12 months · AED 100 per sqft
5 Apr 2018RentedNew contract
AED 50,000/yr12 months · AED 111 per sqft
1 Jan 2014RentedNew contract
AED 60,000/yr12 months · AED 133 per sqft

Source: Dubai Land Department. Updated 15 May 2026.

Key facts

Type
Studio apartment
Size
456 sqft
Floor
4th of 36
Parking
DMCC-3006
Developer
Saba Properties
Completed
2008
Service charge
AED 7,400 /yr
Last sold
AED 410K · December 2008

About 406, Saba Towers 3

406 is a studio of 456 sqft on the 4th floor of Saba Towers 3, a 36-storey tower in Jumeirah Lake Towers (JLT) completed in 2008 by Saba Properties. The developer sold it on 18 December 2008 for AED 410,000, or AED 898 per sqft, in line with the AED 914 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 15 May 2026, is AED 55,000 a year: a gross yield of 13.4% on the 2008 price, before the service charge of about AED 7,400 a year.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical studio in Saba Towers 3
400K600K800K2008201320182023Typical sale price by year: 2008 AED 435,000; 2009 AED 454,000; 2010 AED 524,500; 2011 AED 368,000; 2012 AED 450,000; 2013 AED 625,000; 2014 AED 782,500; 2015 AED 750,000; 2016 AED 710,000; 2017 AED 750,000; 2018 AED 700,000; 2019 AED 550,000; 2020 AED 480,000; 2021 AED 450,000; 2022 AED 519,000; 2023 AED 655,000; 2024 AED 807,500; 2025 AED 800,000; 2026 AED 780,000Sold by developer, December 2008: AED 410,000 (AED 898 per sqft)

406 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 406, each contractTypical studio in Saba Towers 3
40K60K2012201620202024Typical rent by year: 2012 AED 42,001; 2013 AED 55,000; 2014 AED 60,750; 2015 AED 65,500; 2016 AED 64,641; 2017 AED 60,000; 2018 AED 52,000; 2019 AED 44,000; 2020 AED 39,300; 2021 AED 34,000; 2022 AED 42,000; 2023 AED 50,000; 2024 AED 60,000; 2025 AED 60,000; 2026 AED 58,000New contract, January 2014: AED 60,000 a yearNew contract, April 2018: AED 50,000 a yearNew contract, October 2022: AED 45,000 a yearNew contract, May 2024: AED 65,000 a yearRenewal, May 2025: AED 55,000 a yearRenewal, May 2025: AED 55,000 a yearNew contract, November 2025: AED 63,000 a yearRenewal, May 2026: AED 55,000 a year

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

Studios in Saba Towers 3, and where 406 sits

All 78 studios →

406 last sold in December 2008 at AED 898 per sqft, in line with what studios in Saba Towers 3 were fetching at the time (AED 914). Over the last 12 months studios sold for AED 620,000 to 885,000, around AED 1,643 per sqft, and rent for AED 45,000 to 80,000 a year. 406's AED 55,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
18 Sep 2026840,000
7 Sep 2026750,000
28 Jul 202639,643
25 Jun 2026620,000
9 studio sales in the last 12 months

Saba Towers 3

Building

347 apartments, studios to 5-bed over 36 floors in Jumeirah Lake Towers (JLT), completed in 2008 by Saba Properties. 27 sold in the last 12 months.

Typical price per sqft
AED 1,571 Up 12.5%
Typical sale
AED 1.13M
Typical rent
AED 85K /yr
Typical yield
6.7%
Saba Towers 3, Jumeirah Lake Towers (JLT): prices, sales and rents →

Other units on the 4th floor

All 347 units in Saba Towers 3
Value
4012-bedAED 1.58M · Dec 2008
4021-bedAED 1.29M · Jul 2025
403StudioAED 625K · Apr 2013
4041-bedAED 713K · Dec 2008
4052-bedAED 1.3M · Dec 2008
407StudioAED 410K · Dec 2008
4082-bedAED 1.25M · Apr 2018
1–7 of 10

406, Saba Towers 3 in numbers

  • Sold once: by Saba Properties on 18 December 2008 for AED 410,000, or AED 898 per sqft.
  • Rented since January 2014 on 8 Ejari contracts. The rent fell from AED 60,000 to AED 45,000 in 2022 and recovered to AED 55,000 by May 2026.
  • At AED 55,000 a year the gross yield on the 2008 price is 13.4%, before a service charge of about AED 7,400 a year (AED 16.22 per sqft).
  • Studios in Saba Towers 3 sold for AED 620,000–885,000 in the 12 months to November 2026; the building's median across all types is AED 1,571 per sqft.

Source: Dubai Land Department. Updated 15 May 2026.

Questions about 406, Saba Towers 3

What did unit 406 last sell for?

AED 410,000 on 18 December 2008, sold by the developer: AED 898 per sqft for 456 sqft. It is the only registered sale of the unit.

What is the rent for unit 406?

AED 55,000 a year on the contract renewed on 15 May 2026. The previous contract, from November 2025, was AED 63,000; the unit has been rented since January 2014.

How big is unit 406?

456 sqft (42.4 sqm): a studio on the 4th floor of a 36-storey tower completed in 2008.

What is unit 406 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Saba Towers 3 sold for AED 620,000 to 885,000 in the last 12 months, around AED 1,643 per sqft.

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Mortgage on 406, Saba Towers 3

Starts from the last sale price (AED 410K, 18 December 2008). Switch to today's estimate once you have unlocked it.
Price
AED 410,000
Deposit, UAE resident (20%)
AED 82,000
Deposit, non-resident (40%)
AED 164,000
Monthly over 25 years at 3.7%
AED 1,677

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