2-bed · 1,101 sqftSaba Towers 3, Jumeirah Lake Towers (JLT) · 4th floor · completed 2008

408, Saba Towers 3

Sold prices and rental history: sold twice, last in April 2018, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 5 May 2025
Last soldAED 1.25M26 April 2018
Current rentAED 120K /yr5 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Saba Towers 3

What is 408 worth today?

Last sold for AED 1,250,000 in 2018

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

5 May 2025RentedNew contract
AED 120,000/yr12 months · AED 109 per sqft
5 May 2024RentedNew contract
AED 120,000/yr12 months · AED 109 per sqft
26 Apr 2018SoldReady
AED 1,250,000AED 1,135 per sqft
10 Apr 2018Sold by developerReady
AED 1,019,000AED 925 per sqft
1 Nov 2014RentedNew contract
AED 70,000/yr12 months · AED 64 per sqft
1 Nov 2013RentedNew contract
AED 70,000/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 5 May 2025.

Key facts

Type
2-bed apartment
Size
1,101 sqft
Floor
4th of 36
Parking
DMCC-3008
Developer
Saba Properties
Completed
2008
Service charge
AED 17,900 /yr
Last sold
AED 1.25M · April 2018

About 408, Saba Towers 3

408 is a two-bedroom apartment of 1,101 sqft on the 4th floor of Saba Towers 3, a 36-storey tower in Jumeirah Lake Towers (JLT) completed in 2008 by Saba Properties. It last sold on 26 April 2018 for AED 1,250,000, or AED 1,135 per sqft, in line with the AED 1,105 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 5 May 2025, is AED 120,000 a year: a gross yield of 9.6% on the 2018 price, before the service charge of about AED 17,900 a year.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical two-bed in Saba Towers 3
1M1.5M2M2008201320182023Typical sale price by year: 2008 AED 1,207,000; 2009 AED 1,147,000; 2010 AED 1,145,000; 2011 AED 850,000; 2012 AED 932,660; 2013 AED 1,250,000; 2014 AED 1,920,000; 2015 AED 1,400,000; 2016 AED 1,400,000; 2017 AED 1,440,000; 2018 AED 1,185,000; 2019 AED 899,000; 2020 AED 946,250; 2021 AED 1,150,000; 2022 AED 1,190,000; 2023 AED 1,327,250; 2024 AED 1,700,000; 2025 AED 1,650,000; 2026 AED 1,750,000Sold, April 2018: AED 1,250,000 (AED 1,135 per sqft)Sold by developer, April 2018: AED 1,019,000 (AED 925 per sqft)

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

Rents
Unit 408, each contractTypical two-bed in Saba Towers 3
75K100K125K20112015201920232027Typical rent by year: 2011 AED 75,000; 2012 AED 80,000; 2013 AED 95,000; 2014 AED 114,692; 2015 AED 122,155; 2016 AED 120,000; 2017 AED 118,000; 2018 AED 105,000; 2019 AED 90,000; 2020 AED 75,500; 2021 AED 75,300; 2022 AED 85,000; 2023 AED 100,000; 2024 AED 120,500; 2025 AED 120,000; 2026 AED 120,000New contract, November 2013: AED 70,000 a yearNew contract, November 2014: AED 70,000 a yearNew contract, May 2024: AED 120,000 a yearNew contract, May 2025: AED 120,000 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 Saba Towers 3, and where 408 sits

All 136 2-beds →

408 last sold in April 2018 at AED 1,135 per sqft, in line with what two-beds in Saba Towers 3 were fetching at the time (AED 1,105). Over the last 12 months two-beds sold for AED 1,625,000 to 1,875,000, around AED 1,399 per sqft, and rent for AED 68,250 to 154,350 a year. 408's AED 120,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
4 Sep 20261,800,000
2 Sep 20261,850,000
30 Jul 20261,750,000
19 Jun 20261,727,000
7 2-bed 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
406StudioAED 410K · Dec 2008
407StudioAED 410K · Dec 2008
1–7 of 10

408, Saba Towers 3 in numbers

  • Sold twice: first on 10 April 2018 for AED 1,019,000, last on 26 April 2018 for AED 1,250,000 (AED 1,135 per sqft).
  • Rented since November 2013 on 4 Ejari contracts, from AED 70,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2018 price is 9.6%, before a service charge of about AED 17,900 a year (AED 16.22 per sqft).
  • Two-beds in Saba Towers 3 sold for AED 1,625,000–1,875,000 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 5 May 2025.

Questions about 408, Saba Towers 3

What did unit 408 last sell for?

AED 1,250,000 on 26 April 2018: AED 1,135 per sqft for 1,101 sqft. The unit has 2 registered sales; the first was AED 1,019,000 in April 2018.

What is the rent for unit 408?

AED 120,000 a year on the contract signed on 5 May 2025. The previous contract, from May 2024, was AED 120,000; the unit has been rented since November 2013.

How big is unit 408?

1,101 sqft (102.3 sqm): a two-bedroom apartment on the 4th floor of a 36-storey tower completed in 2008.

What is unit 408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Saba Towers 3 sold for AED 1,625,000 to 1,875,000 in the last 12 months, around AED 1,399 per sqft.

Selling 408? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 408, Saba Towers 3

Starts from the last sale price (AED 1.25M, 26 April 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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