Studio · 388 sqftSydney Tower, Jumeirah Village Circle (JVC) · 17th floor

1708, Sydney Tower

Sold prices and rental history: sold once, by the developer in May 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1708 · DLD and Ejari recordsUpdated 10 September 2026
Last soldAED 540K9 May 2023
Current rentAED 45K /yr10 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1708, Sydney Tower

What is 1708 worth today?

Last sold for AED 540,000 in 2023

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10 Sep 2026RentedNew contract
AED 45,000/yr6 months · AED 116 per sqft
10 Sep 2025RentedNew contract
AED 42,000/yr12 months · AED 108 per sqft
10 Aug 2024RentedRenewal
AED 40,000/yr12 months · AED 103 per sqft
10 Aug 2023RentedNew contract
AED 40,000/yr12 months · AED 103 per sqft
9 May 2023Sold by developerReady
AED 540,000AED 1,390 per sqft
29 Aug 2021RentedNew contract
AED 27,500/yr12 months · AED 70 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 10 September 2026.

Key facts

Type
Studio apartment
Size
388 sqft
Floor
17th of 20
Parking
P4-20
Last sold
AED 540K · May 2023
Building
Sydney Tower

About 1708, Sydney Tower

1708 is a studio of 388 sqft on the 17th floor of Sydney Tower, a 20-storey tower in Jumeirah Village Circle (JVC). The developer sold it on 9 May 2023 for AED 540,000, or AED 1,390 per sqft, 24% above the AED 1,120 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 10 September 2026, is AED 45,000 a year: a gross yield of 8.3% on the 2023 price.

Sales and rents for 1708 over time

Sales
Unit 1708, each saleTypical studio in Sydney Tower
500K550K202320242025Typical sale price by year: 2023 AED 477,500; 2024 AED 577,500Sold by developer, May 2023: AED 540,000 (AED 1,390 per sqft)

1708 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1708, 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, July 2018: AED 37,000 a yearNew contract, July 2019: AED 34,000 a yearNew contract, August 2021: AED 27,500 a yearNew contract, August 2023: AED 40,000 a yearRenewal, August 2024: AED 40,000 a yearNew contract, September 2025: AED 42,000 a yearNew contract, September 2026: AED 45,000 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 1708 sits

All 21 studios →

1708 last sold in May 2023 at AED 1,390 per sqft, 24% above 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. 1708's AED 45,000 is in the lower half 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 17th floor

All 156 units in Sydney Tower
Value
17012-bedNo registered sale
17021-bedAED 878K · Feb 2025
17031-bedAED 845K · Feb 2024
17041-bedAED 715K · Apr 2023
17051-bedNo registered sale
17061-bedAED 846K · Dec 2025
17072-bedNo registered sale

1708, Sydney Tower in numbers

  • Sold once: by the developer on 9 May 2023 for AED 540,000, or AED 1,390 per sqft.
  • Rented since July 2018 on 7 Ejari contracts. The rent fell from AED 37,000 to AED 27,500 in 2021 and recovered to AED 45,000 by September 2026.
  • At AED 45,000 a year the gross yield on the 2023 price is 8.3%.
  • 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 10 September 2026.

Questions about 1708, Sydney Tower

What did unit 1708 last sell for?

AED 540,000 on 9 May 2023, sold by the developer: AED 1,390 per sqft for 388 sqft. It is the only registered sale of the unit.

What is the rent for unit 1708?

AED 45,000 a year on the contract signed on 10 September 2026. The previous contract, from September 2025, was AED 42,000; the unit has been rented since July 2018.

How big is unit 1708?

388 sqft (36.0 sqm): a studio on the 17th floor of a 20-storey tower.

What is unit 1708 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 1708, Sydney Tower

Starts from the last sale price (AED 540K, 9 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 540,000
Deposit, UAE resident (20%)
AED 108,000
Deposit, non-resident (40%)
AED 216,000
Monthly over 25 years at 3.7%
AED 2,209

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