
1008, Sydney Tower
Sold prices and rental history: sold once, by the developer in March 2023, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1008, Sydney Tower
What is 1008 worth today?
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Source: Dubai Land Department. Updated 9 March 2023.
Key facts
- Type
- Studio apartment
- Size
- 388 sqft
- Floor
- 10th of 20
- Parking
- P2-44
- Last sold
- AED 435K · March 2023
- Building
- Sydney Tower
About 1008, Sydney Tower
1008 is a studio of 388 sqft on the 10th floor of Sydney Tower, a 20-storey tower in Jumeirah Village Circle (JVC). The developer sold it on 9 March 2023 for AED 435,000, or AED 1,120 per sqft, in line with the AED 1,120 studios in the building were fetching at the time.
It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 13 June 2020, is AED 28,000 a year: a gross yield of 6.4% on the 2023 price.
Sales and rents for 1008 over time
1008 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Sydney Tower, and where 1008 sits
All 21 studios →1008 last sold in March 2023 at AED 1,120 per sqft, in line with what studios in Sydney Tower were fetching at the time (AED 1,120). Over the last 12 months studios sold for AED 435,000, around AED 1,120 per sqft, and rent for AED 42,000 to 60,000 a year. 1008's AED 28,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Jul 202617 July 2026 | 388 sqft | 435,000 | 1,120 | ||
| 11 Sep 202511 September 2025 | 388 sqft | 510,000 | 1,313 | ||
| 11 Feb 202511 February 2025 | 388 sqft | 647,500 | 1,667 | ||
| 6 Nov 20246 November 2024 | 388 sqft | 600,000 | 1,544 |
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 | |
| 1007 | 2-bed | 1,128 sqft | AED 1.25MAED 1,250,000 · Jun 2024June 2024 | 95,000 /yr |
1008, Sydney Tower in numbers
- Sold once: by the developer on 9 March 2023 for AED 435,000, or AED 1,120 per sqft.
- Rented since June 2018 on 3 Ejari contracts, from AED 39,000 to AED 28,000 a year.
- At AED 28,000 a year the gross yield on the 2023 price is 6.4%.
- Studios in Sydney Tower sold for AED 435,000–435,000 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 9 March 2023.
Questions about 1008, Sydney Tower
What did unit 1008 last sell for?
AED 435,000 on 9 March 2023, sold by the developer: AED 1,120 per sqft for 388 sqft. It is the only registered sale of the unit.
What is the rent for unit 1008?
AED 28,000 a year on the contract signed on 13 June 2020. The previous contract, from June 2019, was AED 34,000; the unit has been rented since June 2018.
How big is unit 1008?
388 sqft (36.0 sqm): a studio on the 10th floor of a 20-storey tower.
What is unit 1008 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Sydney Tower sold for AED 435,000 to 435,000 in the last 12 months, around AED 1,120 per sqft.
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Mortgage on 1008, Sydney Tower
Starts from the last sale price (AED 435K, 9 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 435,000
- Deposit, UAE resident (20%)
- AED 87,000
- Deposit, non-resident (40%)
- AED 174,000
- Monthly over 25 years at 3.7%
- AED 1,780
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →