1408, Sydney Tower
Sold prices and rental history: sold once, by the developer in July 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 1408, Sydney Tower
What is 1408 worth today?
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Source: Dubai Land Department. Updated 20 July 2023.
Key facts
- Type
- Studio apartment
- Size
- 388 sqft
- Floor
- 14th of 20
- Parking
- P3-35
- Last sold
- AED 475K · July 2023
- Building
- Sydney Tower
About 1408, Sydney Tower
1408 is a studio of 388 sqft on the 14th floor of Sydney Tower, a 20-storey tower in Jumeirah Village Circle (JVC). The developer sold it on 20 July 2023 for AED 475,000, or AED 1,223 per sqft, 7% above the AED 1,145 studios in the building were fetching at the time.
It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 14 July 2019, is AED 34,000 a year: a gross yield of 7.2% on the 2023 price.
Sales and rents for 1408 over time
1408 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 1408 sits
All 21 studios →1408 last sold in July 2023 at AED 1,223 per sqft, 7% above what studios in Sydney Tower were fetching at the time (AED 1,145). 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. 1408's AED 34,000 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 14th floor
All 156 units in Sydney Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 2-bed | 1,117 sqft | AED 1.15MAED 1,150,000 · Apr 2024April 2024 | 95,000 /yr | |
| 1402 | 1-bed | 713 sqft | AED 780KAED 780,000 · Feb 2026February 2026 | 65,000 /yr | |
| 1403 | 1-bed | 725 sqft | No registered sale | 60,000 /yr | |
| 1404 | 1-bed | 796 sqft | No registered sale | 72,500 /yr | |
| 1405 | 1-bed | 750 sqft | AED 882KAED 882,000 · Jan 2024January 2024 | 55,000 /yr | |
| 1406 | 1-bed | 667 sqft | AED 815KAED 815,000 · Nov 2025November 2025 | 72,500 /yr | |
| 1407 | 2-bed | 1,128 sqft | AED 1.38MAED 1,378,125 · Feb 2026February 2026 | 60,000 /yr |
1408, Sydney Tower in numbers
- Sold once: by the developer on 20 July 2023 for AED 475,000, or AED 1,223 per sqft.
- Rented since July 2018 on 2 Ejari contracts, from AED 37,000 to AED 34,000 a year.
- At AED 34,000 a year the gross yield on the 2023 price is 7.2%.
- 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 20 July 2023.
Questions about 1408, Sydney Tower
What did unit 1408 last sell for?
AED 475,000 on 20 July 2023, sold by the developer: AED 1,223 per sqft for 388 sqft. It is the only registered sale of the unit.
What is the rent for unit 1408?
AED 34,000 a year on the contract signed on 14 July 2019. The previous contract, from July 2018, was AED 37,000.
How big is unit 1408?
388 sqft (36.0 sqm): a studio on the 14th floor of a 20-storey tower.
What is unit 1408 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 1408, Sydney Tower
Starts from the last sale price (AED 475K, 20 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 475,000
- Deposit, UAE resident (20%)
- AED 95,000
- Deposit, non-resident (40%)
- AED 190,000
- Monthly over 25 years at 3.7%
- AED 1,943
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →