Studio · 388 sqftSydney Tower, Jumeirah Village Circle (JVC) · 10th floor

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.

Unit 1008 · DLD and Ejari recordsUpdated 9 March 2023
Last soldAED 435K9 March 2023
Current rentAED 28K /yr13 June 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1008, Sydney Tower

What is 1008 worth today?

Last sold for AED 435,000 in 2023

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9 Mar 2023Sold by developerReady
AED 435,000AED 1,120 per sqft
13 Jun 2020RentedNew contract
AED 28,000/yr12 months · AED 71 per sqft
14 Jun 2019RentedNew contract
AED 34,000/yr12 months · AED 86 per sqft
15 Jun 2018RentedNew contract
AED 39,000/yr12 months · AED 99 per sqft

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

Sales
Unit 1008, each saleTypical studio in Sydney Tower
500K600K202320242025Typical sale price by year: 2023 AED 477,500; 2024 AED 577,500Sold by developer, March 2023: AED 435,000 (AED 1,120 per sqft)

1008 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1008, each contractTypical studio in Sydney Tower
40K2018202120242027Typical rent by year: 2018 AED 38,000; 2019 AED 34,000; 2020 AED 27,000; 2021 AED 25,750; 2022 AED 31,500; 2023 AED 45,000; 2024 AED 48,000; 2025 AED 49,000; 2026 AED 46,500New contract, June 2018: AED 39,000 a yearNew contract, June 2019: AED 34,000 a yearNew contract, June 2020: AED 28,000 a year

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 salesUnit no.Price (AED)Summary
17 Jul 2026435,000
11 Sep 2025510,000
11 Feb 2025647,500
6 Nov 2024600,000
1 studio sale 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
10041-bedAED 820K · Dec 2023
10051-bedNo registered sale
10061-bedAED 680K · May 2023
10072-bedAED 1.25M · Jun 2024

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 →