1-bed · 796 sqftSydney Tower, Jumeirah Village Circle (JVC) · 10th floor

1004, Sydney Tower

Sold prices and rental history: sold once, by the developer in December 2023, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1004 · DLD and Ejari recordsUpdated 19 December 2023
Last soldAED 820K19 December 2023
Current rentAED 43K /yr15 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1004, Sydney Tower

What is 1004 worth today?

Last sold for AED 820,000 in 2023

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19 Dec 2023Sold by developerReady
AED 820,000AED 1,029 per sqft
15 Sep 2020RentedRenewal
AED 43,000/yr12 months · AED 54 per sqft
15 Sep 2019RentedNew contract
AED 45,000/yr12 months · AED 56 per sqft
20 Jul 2018RentedNew contract
AED 55,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 19 December 2023.

Key facts

Type
1-bed apartment
Size
796 sqft
Floor
10th of 20
Parking
P4-02
Last sold
AED 820K · December 2023
Building
Sydney Tower

About 1004, Sydney Tower

1004 is a one-bedroom apartment of 796 sqft on the 10th floor of Sydney Tower, a 20-storey tower in Jumeirah Village Circle (JVC). The developer sold it on 19 December 2023 for AED 820,000, or AED 1,029 per sqft, in line with the AED 1,045 one-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, renewed on 15 September 2020, is AED 43,000 a year: a gross yield of 5.2% on the 2023 price.

Sales and rents for 1004 over time

Sales
Unit 1004, 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, December 2023: AED 820,000 (AED 1,029 per sqft)

1004 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1004, each contractTypical one-bed in Sydney Tower
40K60K80K2018202120242027Typical 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, July 2018: AED 55,000 a yearNew contract, September 2019: AED 45,000 a yearRenewal, September 2020: AED 43,000 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 1004 sits

All 95 1-beds →

1004 last sold in December 2023 at AED 1,029 per sqft, in line with what one-beds in Sydney Tower were fetching at the time (AED 1,045). 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. 1004's AED 43,000 is at the bottom 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
10031-bedAED 861K · Oct 2024
10051-bedNo registered sale
10061-bedAED 680K · May 2023
10072-bedAED 1.25M · Jun 2024
1008StudioAED 435K · Mar 2023

1004, Sydney Tower in numbers

  • Sold once: by the developer on 19 December 2023 for AED 820,000, or AED 1,029 per sqft.
  • Rented since July 2018 on 3 Ejari contracts, from AED 55,000 to AED 43,000 a year.
  • At AED 43,000 a year the gross yield on the 2023 price is 5.2%.
  • 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 19 December 2023.

Questions about 1004, Sydney Tower

What did unit 1004 last sell for?

AED 820,000 on 19 December 2023, sold by the developer: AED 1,029 per sqft for 796 sqft. It is the only registered sale of the unit.

What is the rent for unit 1004?

AED 43,000 a year on the contract renewed on 15 September 2020. The previous contract, from September 2019, was AED 45,000; the unit has been rented since July 2018.

How big is unit 1004?

796 sqft (74.0 sqm): a one-bedroom apartment on the 10th floor of a 20-storey tower.

What is unit 1004 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 1004, Sydney Tower

Starts from the last sale price (AED 820K, 19 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 820,000
Deposit, UAE resident (20%)
AED 164,000
Deposit, non-resident (40%)
AED 328,000
Monthly over 25 years at 3.7%
AED 3,355

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