1-bed · 906 sqftBright Corner, Meydan City · 3rd floor · completed 2019

306, Bright Corner

Sold prices and rental history: sold once, by the developer in November 2020, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 1 April 2025
Last soldAED 906K30 November 2020
Current rentAED 66K /yr1 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Bright Corner

What is 306 worth today?

Last sold for AED 905,780 in 2020

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1 Apr 2025RentedRenewal
AED 66,000/yr12 months · AED 73 per sqft
1 Apr 2024RentedRenewal · flagged as an outlier
AED 60,000/yr12 months · AED 66 per sqft
30 Nov 2020Sold by developerReady
AED 905,780AED 999 per sqft

Source: Dubai Land Department. Updated 1 April 2025.

Key facts

Type
1-bed apartment
Size
906 sqft
Floor
3rd of 4
Parking
G-28
Developer
Fandah Palace Development
Completed
2019
Service charge
AED 13,900 /yr
Last sold
AED 906K · November 2020

About 306, Bright Corner

306 is a one-bedroom apartment of 906 sqft on the 3rd floor of Bright Corner, a 4-storey tower in Meydan City completed in 2019 by Fandah Palace Development . The developer sold it on 30 November 2020 for AED 905,780, or AED 999 per sqft, in line with the AED 1,002 one-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 1 April 2025, is AED 66,000 a year: a gross yield of 7.3% on the 2020 price, before the service charge of about AED 13,900 a year.

Sales and rents for 306 over time

Rents
Unit 306, each contractTypical one-bed in Bright Corner
60K70K20232024202520262027Typical rent by year: 2023 AED 58,000; 2024 AED 58,000; 2025 AED 75,000; 2026 AED 74,000Renewal, April 2025: AED 66,000 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 Bright Corner, and where 306 sits

All 18 1-beds →

306 last sold in November 2020 at AED 999 per sqft, in line with what one-beds in Bright Corner were fetching at the time (AED 1,002). Over the last 12 months one-beds sold for AED 465,000, around AED 1,172 per sqft, and rent for AED 63,250 to 80,000 a year. 306's AED 66,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
28 Nov 2025465,000
7 Dec 2020797,390
6 Dec 2020905,780
6 Dec 2020909,340
1 1-bed sale in the last 12 months

Bright Corner

Building

40 apartments, 1-bed to 2-bed over 4 floors in Meydan City, completed in 2019 by Fandah Palace Development . 1 sold in the last 12 months.

Typical price per sqft
AED 1,172
Typical sale
AED 465K
Typical rent
AED 90K /yr
Typical yield
7.2%
Bright Corner, Meydan City: prices, sales and rents →

Other units on the 3rd floor

All 40 units in Bright Corner
Value
3012-bedNo registered sale
3022-bedAED 1.5M · Nov 2019
3032-bedAED 1.11M · Dec 2020
3041-bedAED 910K · Oct 2020
3051-bedAED 797K · Dec 2020
3071-bedNo registered sale
3081-bedNo registered sale
1–7 of 11

306, Bright Corner in numbers

  • Sold once: by Fandah Palace Development on 30 November 2020 for AED 905,780, or AED 999 per sqft.
  • Rented since April 2024 on 2 Ejari contracts, from AED 60,000 to AED 66,000 a year.
  • At AED 66,000 a year the gross yield on the 2020 price is 7.3%, before a service charge of about AED 13,900 a year (AED 15.33 per sqft).
  • One-beds in Bright Corner sold for AED 465,000–465,000 in the 12 months to November 2026; the building's median across all types is AED 1,172 per sqft.

Source: Dubai Land Department. Updated 1 April 2025.

Questions about 306, Bright Corner

What did unit 306 last sell for?

AED 905,780 on 30 November 2020, sold by the developer: AED 999 per sqft for 906 sqft. It is the only registered sale of the unit.

What is the rent for unit 306?

AED 66,000 a year on the contract renewed on 1 April 2025. The previous contract, from April 2024, was AED 60,000.

How big is unit 306?

906 sqft (84.2 sqm): a one-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2019.

What is unit 306 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Bright Corner sold for AED 465,000 to 465,000 in the last 12 months, around AED 1,172 per sqft.

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Mortgage on 306, Bright Corner

Starts from the last sale price (AED 906K, 30 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 905,780
Deposit, UAE resident (20%)
AED 181,156
Deposit, non-resident (40%)
AED 362,312
Monthly over 25 years at 3.7%
AED 3,706

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