1-bed · 725 sqftSydney Tower, Jumeirah Village Circle (JVC) · 10th floor

1003, Sydney Tower

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

Unit 1003 · DLD and Ejari recordsUpdated 17 October 2024
Last soldAED 861K17 October 2024
Current rentAED 96K /yr4 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1003, Sydney Tower

What is 1003 worth today?

Last sold for AED 861,000 in 2024

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17 Oct 2024Sold by developerReady
AED 861,000AED 1,188 per sqft
4 Oct 2023RentedNew contract
AED 96,000/yr12 months · AED 132 per sqft
30 Nov 2020RentedRenewal
AED 38,000/yr12 months · AED 49 per sqft
30 Nov 2019RentedNew contract
AED 45,000/yr12 months · AED 58 per sqft
1 Dec 2018RentedNew contract
AED 48,000/yr12 months · AED 62 per sqft
23 Sep 2018RentedNew contract
AED 53,000/yr12 months · AED 69 per sqft

Source: Dubai Land Department. Updated 17 October 2024.

Key facts

Type
1-bed apartment
Size
725 sqft
Floor
10th of 20
Parking
P2-39
Last sold
AED 861K · October 2024
Building
Sydney Tower

About 1003, Sydney Tower

1003 is a one-bedroom apartment of 725 sqft on the 10th floor of Sydney Tower, a 20-storey tower in Jumeirah Village Circle (JVC). The developer sold it on 17 October 2024 for AED 861,000, or AED 1,188 per sqft, 6% above the AED 1,122 one-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 4 October 2023, is AED 96,000 a year: a gross yield of 11.2% on the 2024 price.

Sales and rents for 1003 over time

Sales
Unit 1003, each saleTypical one-bed in Sydney Tower
800K850K20232024202520262027Typical sale price by year: 2023 AED 790,000; 2024 AED 840,000; 2025 AED 850,000; 2026 AED 837,500Sold by developer, October 2024: AED 861,000 (AED 1,188 per sqft)

1003 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1003, each contractTypical one-bed in Sydney Tower
50K100K2018202120242027Typical rent by year: 2018 AED 50,000; 2019 AED 47,000; 2020 AED 40,000; 2021 AED 36,000; 2022 AED 54,500; 2023 AED 65,000; 2024 AED 67,000; 2025 AED 75,000; 2026 AED 67,000New contract, September 2018: AED 53,000 a yearNew contract, December 2018: AED 48,000 a yearNew contract, November 2019: AED 45,000 a yearRenewal, November 2020: AED 38,000 a yearNew contract, October 2023: AED 96,000 a year

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

1-beds in Sydney Tower, and where 1003 sits

All 95 1-beds →

1003 last sold in October 2024 at AED 1,188 per sqft, 6% above what one-beds in Sydney Tower were fetching at the time (AED 1,122). Over the last 12 months one-beds sold for AED 780,000 to 937,500, around AED 1,231 per sqft, and rent for AED 50,000 to 85,000 a year. 1003's AED 96,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Nov 2026895,000
4 Nov 2026936,000
17 Jul 2026780,000
17 Jul 2026780,000
13 1-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
7.7%
Sydney Tower, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 10th floor

All 156 units in Sydney Tower
Value
10012-bedAED 1.17M · Jun 2024
10021-bedNo registered sale
10041-bedAED 820K · Dec 2023
10051-bedNo registered sale
10061-bedAED 680K · May 2023
10072-bedAED 1.25M · Jun 2024
1008StudioAED 435K · Mar 2023

1003, Sydney Tower in numbers

  • Sold once: by the developer on 17 October 2024 for AED 861,000, or AED 1,188 per sqft.
  • Rented since September 2018 on 5 Ejari contracts. The rent fell from AED 53,000 to AED 38,000 in 2020 and recovered to AED 96,000 by October 2023.
  • At AED 96,000 a year the gross yield on the 2024 price is 11.2%.
  • One-beds in Sydney Tower sold for AED 780,000–937,500 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 17 October 2024.

Questions about 1003, Sydney Tower

What did unit 1003 last sell for?

AED 861,000 on 17 October 2024, sold by the developer: AED 1,188 per sqft for 725 sqft. It is the only registered sale of the unit.

What is the rent for unit 1003?

AED 96,000 a year on the contract signed on 4 October 2023. The previous contract, from November 2020, was AED 38,000; the unit has been rented since September 2018.

How big is unit 1003?

725 sqft (67.4 sqm): a one-bedroom apartment on the 10th floor of a 20-storey tower.

What is unit 1003 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Sydney Tower sold for AED 780,000 to 937,500 in the last 12 months, around AED 1,231 per sqft.

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Mortgage on 1003, Sydney Tower

Starts from the last sale price (AED 861K, 17 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 861,000
Deposit, UAE resident (20%)
AED 172,200
Deposit, non-resident (40%)
AED 344,400
Monthly over 25 years at 3.7%
AED 3,523

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