Studio · 388 sqftSydney Tower, Jumeirah Village Circle (JVC) · 4th floor

408, Sydney Tower

Sold prices and rental history: no registered sale, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 13 July 2022
Current rentAED 29K /yr13 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Sydney Tower

What is 408 worth today?

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13 Jul 2022RentedRenewal
AED 29,000/yr12 months · AED 75 per sqft
13 Jul 2021RentedNew contract
AED 24,000/yr12 months · AED 61 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 13 July 2022.

Key facts

Type
Studio apartment
Size
388 sqft
Floor
4th of 20
Parking
P1-33
Last sold
No registered sale
Building
Sydney Tower

About 408, Sydney Tower

408 is a studio of 388 sqft on the 4th floor of Sydney Tower, a 20-storey tower in Jumeirah Village Circle (JVC). No sale of the unit is registered with the Dubai Land Department.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 13 July 2022, is AED 29,000 a year.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical studio in Sydney Tower
500K550K202320242025Typical sale price by year: 2023 AED 477,500; 2024 AED 577,500

No registered sale of 408; the dashed line is the studio median of each year in the building.

Rents
Unit 408, each contractTypical studio in Sydney Tower
20K40K2018202120242027Typical 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, July 2021: AED 24,000 a yearRenewal, July 2022: AED 29,000 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 408 sits

All 21 studios →

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. 408's AED 29,000 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 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
4061-bedAED 790K · Dec 2023
4072-bedNo registered sale

408, Sydney Tower in numbers

  • No sale of the unit is registered with the Dubai Land Department.
  • Rented since June 2018 on 4 Ejari contracts. The rent fell from AED 39,000 to AED 24,000 in 2021 and recovered to AED 29,000 by July 2022.
  • 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 13 July 2022.

Questions about 408, Sydney Tower

What is the rent for unit 408?

AED 29,000 a year on the contract renewed on 13 July 2022. The previous contract, from July 2021, was AED 24,000; the unit has been rented since June 2018.

How big is unit 408?

388 sqft (36.0 sqm): a studio on the 4th floor of a 20-storey tower.

What is unit 408 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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