2-bed · 1,117 sqftSydney Tower, Jumeirah Village Circle (JVC) · 10th floor

1001, Sydney Tower

Sold prices and rental history: sold once, by the developer in June 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1001 · DLD and Ejari recordsUpdated 25 January 2025
Last soldAED 1.17M10 June 2024
Current rentAED 95K /yr25 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1001, Sydney Tower

What is 1001 worth today?

Last sold for AED 1,170,000 in 2024

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25 Jan 2025RentedNew contract
AED 95,000/yr12 months · AED 85 per sqft
25 Jan 2025RentedNew contract
AED 95,000/yr12 months · AED 85 per sqft
10 Jun 2024Sold by developerReady
AED 1,170,000AED 1,047 per sqft
25 Jan 2021RentedRenewal
AED 52,000/yr12 months · AED 48 per sqft
25 Jan 2020RentedNew contract
AED 55,000/yr12 months · AED 51 per sqft
22 May 2018RentedNew contract
AED 75,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 25 January 2025.

Key facts

Type
2-bed apartment
Size
1,117 sqft
Floor
10th of 20
Parking
P2-35, P2-36
Last sold
AED 1.17M · June 2024
Building
Sydney Tower

About 1001, Sydney Tower

1001 is a two-bedroom apartment of 1,117 sqft on the 10th floor of Sydney Tower, a 20-storey tower in Jumeirah Village Circle (JVC). The developer sold it on 10 June 2024 for AED 1,170,000, or AED 1,047 per sqft, in line with the AED 1,038 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 25 January 2025, is AED 95,000 a year: a gross yield of 8.1% on the 2024 price.

Sales and rents for 1001 over time

Sales
Unit 1001, each saleTypical two-bed in Sydney Tower
1M1.2M20232024202520262027Typical sale price by year: 2023 AED 1,020,000; 2024 AED 1,250,000; 2025 AED 1,292,000; 2026 AED 1,217,500Sold by developer, June 2024: AED 1,170,000 (AED 1,047 per sqft)

1001 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1001, each contractTypical two-bed in Sydney Tower
50K100K2018202120242027Typical rent by year: 2018 AED 77,000; 2019 AED 74,000; 2020 AED 57,000; 2021 AED 43,794; 2022 AED 65,000; 2023 AED 95,000; 2024 AED 102,500; 2025 AED 105,000; 2026 AED 90,000New contract, May 2018: AED 75,000 a yearNew contract, January 2020: AED 55,000 a yearRenewal, January 2021: AED 52,000 a yearNew contract, January 2025: AED 95,000 a yearNew contract, January 2025: AED 95,000 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 Sydney Tower, and where 1001 sits

All 40 2-beds →

1001 last sold in June 2024 at AED 1,047 per sqft, in line with what two-beds in Sydney Tower were fetching at the time (AED 1,038). Over the last 12 months two-beds sold for AED 1,000,000 to 1,500,000, around AED 1,084 per sqft, and rent for AED 52,500 to 114,000 a year. 1001's AED 95,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
25 Aug 20261,175,000
5 Aug 20261,100,000
29 Jul 20261,100,000
6 May 20261,000,000
10 2-bed sales in the last 12 months

Sydney Tower

Building

156 apartments, studios to 2-bed over 20 floors in Jumeirah Village Circle (JVC). 24 sold in the last 12 months.

Typical price per sqft
AED 1,165 Down 5.1%
Typical sale
AED 916K
Typical rent
AED 73K /yr
Typical yield
7.6%
Sydney Tower, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 10th floor

All 156 units in Sydney Tower
Value
10021-bedNo registered sale
10031-bedAED 861K · Oct 2024
10041-bedAED 820K · Dec 2023
10051-bedNo registered sale
10061-bedAED 680K · May 2023
10072-bedAED 1.25M · Jun 2024
1008StudioAED 435K · Mar 2023

1001, Sydney Tower in numbers

  • Sold once: by the developer on 10 June 2024 for AED 1,170,000, or AED 1,047 per sqft.
  • Rented since May 2018 on 5 Ejari contracts. The rent fell from AED 75,000 to AED 52,000 in 2021 and recovered to AED 95,000 by January 2025.
  • At AED 95,000 a year the gross yield on the 2024 price is 8.1%.
  • Two-beds in Sydney Tower sold for AED 1,000,000–1,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,165 per sqft.

Source: Dubai Land Department. Updated 25 January 2025.

Questions about 1001, Sydney Tower

What did unit 1001 last sell for?

AED 1,170,000 on 10 June 2024, sold by the developer: AED 1,047 per sqft for 1,117 sqft. It is the only registered sale of the unit.

What is the rent for unit 1001?

AED 95,000 a year on the contract signed on 25 January 2025. The previous contract, from January 2025, was AED 95,000; the unit has been rented since May 2018.

How big is unit 1001?

1,117 sqft (103.8 sqm): a two-bedroom apartment on the 10th floor of a 20-storey tower.

What is unit 1001 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Sydney Tower sold for AED 1,000,000 to 1,500,000 in the last 12 months, around AED 1,084 per sqft.

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Mortgage on 1001, Sydney Tower

Starts from the last sale price (AED 1.17M, 10 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,170,000
Deposit, UAE resident (20%)
AED 234,000
Deposit, non-resident (40%)
AED 468,000
Monthly over 25 years at 3.7%
AED 4,787

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