708, 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.
Property timeline for 708, Sydney Tower
What is 708 worth today?
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Source: Dubai Land Department. Updated 31 October 2026.
Key facts
- Type
- Studio apartment
- Size
- 388 sqft
- Floor
- 7th of 20
- Parking
- P2-16
- Last sold
- AED 480K · May 2023
- Building
- Sydney Tower
About 708, Sydney Tower
708 is a studio of 388 sqft on the 7th floor of Sydney Tower, a 20-storey tower in Jumeirah Village Circle (JVC). The developer sold it on 18 May 2023 for AED 480,000, or AED 1,235 per sqft, 10% above the AED 1,120 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 31 October 2026, is AED 60,000 a year: a gross yield of 12.5% on the 2023 price.
Sales and rents for 708 over time
708 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 708 sits
All 21 studios →708 last sold in May 2023 at AED 1,235 per sqft, 10% 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. 708's AED 60,000 is at the top 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 7th floor
All 156 units in Sydney Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,117 sqft | AED 1MAED 1,000,000 · Dec 2025December 2025 | 78,689 /yr | |
| 702 | 1-bed | 713 sqft | AED 850KAED 850,000 · Apr 2025April 2025 | 40,000 /yr | |
| 703 | 1-bed | 725 sqft | AED 840KAED 840,000 · Sep 2024September 2024 | 67,000 /yr | |
| 704 | 1-bed | 796 sqft | No registered sale | 72,500 /yr | |
| 705 | 1-bed | 750 sqft | AED 780KAED 780,000 · Jul 2026July 2026 | 50,000 /yr | |
| 706 | 1-bed | 667 sqft | AED 385KAED 385,000 · Jun 2023June 2023 | 50,000 /yr | |
| 707 | 2-bed | 1,128 sqft | AED 1.26MAED 1,260,000 · Feb 2026February 2026 | 105,000 /yr |
708, Sydney Tower in numbers
- Sold once: by the developer on 18 May 2023 for AED 480,000, or AED 1,235 per sqft.
- Rented since May 2018 on 5 Ejari contracts. The rent fell from AED 35,000 to AED 29,000 in 2019 and recovered to AED 60,000 by October 2026.
- At AED 60,000 a year the gross yield on the 2023 price is 12.5%.
- 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 31 October 2026.
Questions about 708, Sydney Tower
What did unit 708 last sell for?
AED 480,000 on 18 May 2023, sold by the developer: AED 1,235 per sqft for 388 sqft. It is the only registered sale of the unit.
What is the rent for unit 708?
AED 60,000 a year on the contract signed on 31 October 2026. The previous contract, from November 2025, was AED 48,000; the unit has been rented since May 2018.
How big is unit 708?
388 sqft (36.0 sqm): a studio on the 7th floor of a 20-storey tower.
What is unit 708 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 708, Sydney Tower
Starts from the last sale price (AED 480K, 18 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 480,000
- Deposit, UAE resident (20%)
- AED 96,000
- Deposit, non-resident (40%)
- AED 192,000
- Monthly over 25 years at 3.7%
- AED 1,964
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →