Studio · 388 sqftSydney Tower, Jumeirah Village Circle (JVC) · 16th floor

1608, Sydney Tower

Sold prices and rental history: sold once, by the developer in April 2024, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1608 · DLD and Ejari recordsUpdated 1 March 2025
Last soldAED 578K1 April 2024
Current rentAED 66K /yr1 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1608, Sydney Tower

What is 1608 worth today?

Last sold for AED 577,500 in 2024

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1 Mar 2025RentedNew contract
AED 66,000/yr12 months · AED 170 per sqft
1 Apr 2024Sold by developerReady
AED 577,500AED 1,487 per sqft
14 Jul 2019RentedNew contract
AED 34,000/yr12 months · AED 86 per sqft
15 Jul 2018RentedNew contract
AED 37,000/yr12 months · AED 94 per sqft

Source: Dubai Land Department. Updated 1 March 2025.

Key facts

Type
Studio apartment
Size
388 sqft
Floor
16th of 20
Parking
P4-09
Last sold
AED 578K · April 2024
Building
Sydney Tower

About 1608, Sydney Tower

1608 is a studio of 388 sqft on the 16th floor of Sydney Tower, a 20-storey tower in Jumeirah Village Circle (JVC). The developer sold it on 1 April 2024 for AED 577,500, or AED 1,487 per sqft, 18% above the AED 1,256 studios in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 1 March 2025, is AED 66,000 a year: a gross yield of 11.4% on the 2024 price.

Sales and rents for 1608 over time

Sales
Unit 1608, each saleTypical studio in Sydney Tower
500K550K202320242025Typical sale price by year: 2023 AED 477,500; 2024 AED 577,500Sold by developer, April 2024: AED 577,500 (AED 1,487 per sqft)

1608 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1608, each contractTypical studio in Sydney Tower
20K40K60K2018202120242027Typical 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, July 2018: AED 37,000 a yearNew contract, July 2019: AED 34,000 a yearNew contract, March 2025: AED 66,000 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 1608 sits

All 21 studios →

1608 last sold in April 2024 at AED 1,487 per sqft, 18% above what studios in Sydney Tower were fetching at the time (AED 1,256). 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. 1608's AED 66,000 is at the top 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 16th floor

All 156 units in Sydney Tower
Value
16012-bedAED 1.42M · Apr 2026
16021-bedAED 800K · Jan 2024
16031-bedNo registered sale
16041-bedAED 850K · Dec 2023
16051-bedNo registered sale
16061-bedAED 846K · Nov 2025
16072-bedNo registered sale

1608, Sydney Tower in numbers

  • Sold once: by the developer on 1 April 2024 for AED 577,500, or AED 1,487 per sqft.
  • Rented since July 2018 on 3 Ejari contracts, from AED 37,000 to AED 66,000 a year.
  • At AED 66,000 a year the gross yield on the 2024 price is 11.4%.
  • 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 1 March 2025.

Questions about 1608, Sydney Tower

What did unit 1608 last sell for?

AED 577,500 on 1 April 2024, sold by the developer: AED 1,487 per sqft for 388 sqft. It is the only registered sale of the unit.

What is the rent for unit 1608?

AED 66,000 a year on the contract signed on 1 March 2025. The previous contract, from July 2019, was AED 34,000; the unit has been rented since July 2018.

How big is unit 1608?

388 sqft (36.0 sqm): a studio on the 16th floor of a 20-storey tower.

What is unit 1608 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 1608, Sydney Tower

Starts from the last sale price (AED 578K, 1 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 577,500
Deposit, UAE resident (20%)
AED 115,500
Deposit, non-resident (40%)
AED 231,000
Monthly over 25 years at 3.7%
AED 2,363

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