1-bed · 667 sqftSydney Tower, Jumeirah Village Circle (JVC) · 4th floor

406, Sydney Tower

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

Unit 406 · DLD and Ejari recordsUpdated 19 December 2023
Last soldAED 790K19 December 2023
Current rentAED 36K /yr15 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Sydney Tower

What is 406 worth today?

Last sold for AED 790,000 in 2023

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19 Dec 2023Sold by developerReady
AED 790,000AED 1,183 per sqft
15 Jan 2022RentedRenewal
AED 36,000/yr12 months · AED 51 per sqft
15 Jan 2021RentedNew contract
AED 30,000/yr12 months · AED 42 per sqft
1 May 2019RentedNew contract
AED 45,000/yr12 months · AED 63 per sqft
20 Dec 2018RentedNew contract
AED 45,000/yr12 months · AED 63 per sqft

Source: Dubai Land Department. Updated 19 December 2023.

Key facts

Type
1-bed apartment
Size
667 sqft
Floor
4th of 20
Parking
P3-30
Last sold
AED 790K · December 2023
Building
Sydney Tower

About 406, Sydney Tower

406 is a one-bedroom apartment of 667 sqft on the 4th floor of Sydney Tower, a 20-storey tower in Jumeirah Village Circle (JVC). The developer sold it on 19 December 2023 for AED 790,000, or AED 1,183 per sqft, 13% above the AED 1,045 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 15 January 2022, is AED 36,000 a year: a gross yield of 4.6% on the 2023 price.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical one-bed in Sydney Tower
800K850K20232024202520262027Typical sale price by year: 2023 AED 790,000; 2024 AED 840,000; 2025 AED 850,000; 2026 AED 837,500Sold by developer, December 2023: AED 790,000 (AED 1,183 per sqft)

406 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 406, each contractTypical one-bed in Sydney Tower
25K50K75K2018202120242027Typical rent by year: 2018 AED 50,000; 2019 AED 47,000; 2020 AED 40,000; 2021 AED 36,000; 2022 AED 54,500; 2023 AED 65,000; 2024 AED 67,000; 2025 AED 75,000; 2026 AED 67,000New contract, December 2018: AED 45,000 a yearNew contract, May 2019: AED 45,000 a yearNew contract, January 2021: AED 30,000 a yearRenewal, January 2022: AED 36,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Sydney Tower, and where 406 sits

All 95 1-beds →

406 last sold in December 2023 at AED 1,183 per sqft, 13% above what one-beds in Sydney Tower were fetching at the time (AED 1,045). Over the last 12 months one-beds sold for AED 780,000 to 937,500, around AED 1,231 per sqft, and rent for AED 50,000 to 85,000 a year. 406's AED 36,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Nov 2026895,000
4 Nov 2026936,000
17 Jul 2026780,000
17 Jul 2026780,000
13 1-bed sales 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 4th floor

All 156 units in Sydney Tower
Value
4012-bedAED 1.49M · Oct 2025
4021-bedAED 780K · Jul 2026
4031-bedNo registered sale
4041-bedAED 830K · Dec 2023
4051-bedNo registered sale
4072-bedNo registered sale
408StudioNo registered sale

406, Sydney Tower in numbers

  • Sold once: by the developer on 19 December 2023 for AED 790,000, or AED 1,183 per sqft.
  • Rented since December 2018 on 4 Ejari contracts. The rent fell from AED 45,000 to AED 30,000 in 2021 and recovered to AED 36,000 by January 2022.
  • At AED 36,000 a year the gross yield on the 2023 price is 4.6%.
  • One-beds in Sydney Tower sold for AED 780,000–937,500 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 19 December 2023.

Questions about 406, Sydney Tower

What did unit 406 last sell for?

AED 790,000 on 19 December 2023, sold by the developer: AED 1,183 per sqft for 667 sqft. It is the only registered sale of the unit.

What is the rent for unit 406?

AED 36,000 a year on the contract renewed on 15 January 2022. The previous contract, from January 2021, was AED 30,000; the unit has been rented since December 2018.

How big is unit 406?

667 sqft (62.0 sqm): a one-bedroom apartment on the 4th floor of a 20-storey tower.

What is unit 406 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Sydney Tower sold for AED 780,000 to 937,500 in the last 12 months, around AED 1,231 per sqft.

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Mortgage on 406, Sydney Tower

Starts from the last sale price (AED 790K, 19 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 790,000
Deposit, UAE resident (20%)
AED 158,000
Deposit, non-resident (40%)
AED 316,000
Monthly over 25 years at 3.7%
AED 3,232

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