1007, 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.
Property timeline for 1007, Sydney Tower
What is 1007 worth today?
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Source: Dubai Land Department. Updated 10 June 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,128 sqft
- Floor
- 10th of 20
- Parking
- P2-43, G-16
- Last sold
- AED 1.25M · June 2024
- Building
- Sydney Tower
About 1007, Sydney Tower
1007 is a two-bedroom apartment of 1,128 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 1,250,000, or AED 1,108 per sqft, 7% above the AED 1,038 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 25 May 2023, is AED 95,000 a year: a gross yield of 7.6% on the 2024 price.
Sales and rents for 1007 over time
1007 has sold once; the dashed line is the two-bed median of each year in the building.
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 1007 sits
All 40 2-beds →1007 last sold in June 2024 at AED 1,108 per sqft, 7% above 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 135,000 a year. 1007's AED 95,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Aug 202625 August 2026 | 1,117 sqft | 1,175,000 | 1,051 | ||
| 5 Aug 20265 August 2026 | 1,128 sqft | 1,100,000 | 975 | ||
| 29 Jul 202629 July 2026 | 1,117 sqft | 1,100,000 | 984 | ||
| 6 May 20266 May 2026 | 1,117 sqft | 1,000,000 | 895 |
Sydney Tower
Building156 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%
Other units on the 10th floor
All 156 units in Sydney Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 2-bed | 1,117 sqft | AED 1.17MAED 1,170,000 · Jun 2024June 2024 | 95,000 /yr | |
| 1002 | 1-bed | 713 sqft | No registered sale | 60,000 /yr | |
| 1003 | 1-bed | 725 sqft | AED 861KAED 861,000 · Oct 2024October 2024 | 96,000 /yr | |
| 1004 | 1-bed | 796 sqft | AED 820KAED 820,000 · Dec 2023December 2023 | 43,000 /yr | |
| 1005 | 1-bed | 750 sqft | No registered sale | 72,500 /yr | |
| 1006 | 1-bed | 667 sqft | AED 680KAED 680,000 · May 2023May 2023 | 67,000 /yr | |
| 1008 | Studio | 388 sqft | AED 435KAED 435,000 · Mar 2023March 2023 | 28,000 /yr |
1007, Sydney Tower in numbers
- Sold once: by the developer on 10 June 2024 for AED 1,250,000, or AED 1,108 per sqft.
- Rented since May 2018 on 4 Ejari contracts. The rent fell from AED 75,000 to AED 41,588 in 2021 and recovered to AED 95,000 by May 2023.
- At AED 95,000 a year the gross yield on the 2024 price is 7.6%.
- 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 10 June 2024.
Questions about 1007, Sydney Tower
What did unit 1007 last sell for?
AED 1,250,000 on 10 June 2024, sold by the developer: AED 1,108 per sqft for 1,128 sqft. It is the only registered sale of the unit.
What is the rent for unit 1007?
AED 95,000 a year on the contract signed on 25 May 2023. The previous contract, from January 2021, was AED 41,588; the unit has been rented since May 2018.
How big is unit 1007?
1,128 sqft (104.8 sqm): a two-bedroom apartment on the 10th floor of a 20-storey tower.
What is unit 1007 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 1007, Sydney Tower
Starts from the last sale price (AED 1.25M, 10 June 2024). 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 →