Penthouse · 3,534 sqftCappadocia, Jumeirah Village Circle (JVC) · 3rd floor · completed 2013

304, Cappadocia

Sold prices and rental history: sold twice, last in August 2014, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 1 December 2022
Last soldAED 2.34M6 August 2014
Current rentAED 90K /yr1 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Cappadocia

What is 304 worth today?

Last sold for AED 2,344,000 in 2014

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1 Dec 2022RentedRenewal
AED 90,000/yr12 months · AED 25 per sqft
1 Dec 2021RentedNew contract
AED 90,000/yr12 months · AED 25 per sqft
9 Sep 2020RentedNew contract
AED 73,481/yr13 months · AED 21 per sqft
1 Oct 2019RentedNew contract
AED 90,000/yr12 months · AED 25 per sqft
6 Aug 2014SoldReady
AED 2,344,000AED 663 per sqft
24 Jan 2010Sold by developerOff-plan
AED 2,344,000AED 663 per sqft

Source: Dubai Land Department. Updated 1 December 2022.

Key facts

Type
Penthouse apartment
Size
3,534 sqft
Floor
3rd of 3
Parking
B-55,B-54T
Developer
Beney Investments
Completed
2013
Service charge
AED 67,100 /yr
Last sold
AED 2.34M · August 2014
Building
Cappadocia

About 304, Cappadocia

304 is a penthouse of 3,534 sqft on the 3rd floor of Cappadocia, a 3-storey tower in Jumeirah Village Circle (JVC) completed in 2013 by Beney Investments. It last sold on 6 August 2014 for AED 2,344,000, or AED 663 per sqft, 23% above the AED 538 penthouses in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 1 December 2022, is AED 90,000 a year: a gross yield of 3.8% on the 2014 price, before the service charge of about AED 67,100 a year.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical penthouse in Cappadocia
1M2M201020122014Typical sale price by year: 2012 AED 1,022,643; 2014 AED 1,985,819Sold by developer, January 2010: AED 2,344,000 (AED 663 per sqft)Sold, August 2014: AED 2,344,000 (AED 663 per sqft)

304 has sold twice; the dashed line is the penthouse median of each year in the building.

Rents
Unit 304, each contractTypical penthouse in Cappadocia
100K2019202120232025Typical rent by year: 2019 AED 90,000; 2021 AED 85,000; 2022 AED 90,000; 2025 AED 130,000New contract, October 2019: AED 90,000 a yearNew contract, September 2020: AED 73,481 a yearNew contract, December 2021: AED 90,000 a yearRenewal, December 2022: AED 90,000 a year

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

Penthouses in Cappadocia, and where 304 sits

All 4 penthouses →

304 last sold in August 2014 at AED 663 per sqft, 23% above what penthouses in Cappadocia were fetching at the time (AED 538).

Recent penthouse salesUnit no.Price (AED)Summary
24 Oct 20231,200,000
5 Oct 20153,201,105
24 Mar 2014988,687
4 Mar 20141,987,996
0 penthouse sales in the last 12 months

Cappadocia

Building

65 apartments, studios to 3-bed over 3 floors in Jumeirah Village Circle (JVC), completed in 2013 by Beney Investments. 3 sold in the last 12 months.

Typical price per sqft
AED 786
Typical sale
AED 1.1M
Typical rent
AED 65K /yr
Typical yield
9.4%
Cappadocia, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 3rd floor

All 65 units in Cappadocia
Value
3012-bedAED 1.4M · Jun 2026
3022-bedAED 1.58M · Jul 2014
303PenthouseAED 1.99M · Mar 2014
3053-bedAED 1.84M · Apr 2014
3061-bedAED 583K · Mar 2014
3071-bedAED 1.1M · Feb 2026
3081-bedAED 1.15M · Jan 2025
1–7 of 17

304, Cappadocia in numbers

  • Sold twice: first on 24 January 2010 for AED 2,344,000, last on 6 August 2014 for AED 2,344,000 (AED 663 per sqft).
  • Rented since October 2019 on 4 Ejari contracts. The rent fell from AED 90,000 to AED 73,481 in 2020 and recovered to AED 90,000 by December 2022.
  • At AED 90,000 a year the gross yield on the 2014 price is 3.8%, before a service charge of about AED 67,100 a year (AED 19.00 per sqft).

Source: Dubai Land Department. Updated 1 December 2022.

Questions about 304, Cappadocia

What did unit 304 last sell for?

AED 2,344,000 on 6 August 2014: AED 663 per sqft for 3,534 sqft. The unit has 2 registered sales; the first was AED 2,344,000 in January 2010.

What is the rent for unit 304?

AED 90,000 a year on the contract renewed on 1 December 2022. The previous contract, from December 2021, was AED 90,000; the unit has been rented since October 2019.

How big is unit 304?

3,534 sqft (328.3 sqm): a penthouse on the 3rd floor of a 3-storey tower completed in 2013.

What is unit 304 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 304, Cappadocia

Starts from the last sale price (AED 2.34M, 6 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,344,000
Deposit, UAE resident (20%)
AED 468,800
Deposit, non-resident (40%)
AED 937,600
Monthly over 25 years at 3.7%
AED 9,590

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