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Studio · 597 sqftMultaqa Avenue 3, Mirdif · 3rd floor · completed 2021

C.307.S, Multaqa Avenue 3

Sold prices and rental history: sold once, by the developer in September 2022, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit C.307.S · DLD and Ejari recordsUpdated 28 April 2024
Last soldAED 676K10 September 2022
Current rentAED 45K /yr28 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for C.307.S, Multaqa Avenue 3

What is C.307.S worth today?

Last sold for AED 676,134 in 2022

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28 Apr 2024RentedRenewal
AED 45,000/yr12 months · AED 75 per sqft
28 Apr 2023RentedNew contract
AED 42,000/yr12 months · AED 70 per sqft
10 Sep 2022Sold by developerReady
AED 676,134AED 1,133 per sqft

Source: Dubai Land Department. Updated 28 April 2024.

Key facts

Type
Studio apartment
Size
597 sqft
Floor
3rd of 5
Parking
B2-132
Developer
Dubai Investment Real Estate
Completed
2021
Last sold
AED 676K · September 2022
Building
Multaqa Avenue 3

About C.307.S, Multaqa Avenue 3

C.307.S is a studio of 597 sqft on the 3rd floor of Multaqa Avenue 3, a 5-storey tower in Mirdif completed in 2021 by Dubai Investment Real Estate. The developer sold it on 10 September 2022 for AED 676,134, or AED 1,133 per sqft, 4% below the AED 1,176 studios in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 28 April 2024, is AED 45,000 a year: a gross yield of 6.7% on the 2022 price.

Sales and rents for C.307.S over time

Sales
Unit C.307.S, each saleTypical studio in Multaqa Avenue 3
700K800K2022202320242025Typical sale price by year: 2022 AED 676,134; 2024 AED 850,332Sold by developer, September 2022: AED 676,134 (AED 1,133 per sqft)

C.307.S has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit C.307.S, each contractTypical studio in Multaqa Avenue 3
40K50K60K202220242026Typical rent by year: 2022 AED 40,000; 2023 AED 42,000; 2024 AED 51,861; 2025 AED 60,000; 2026 AED 60,000New contract, April 2023: AED 42,000 a yearRenewal, April 2024: 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 Multaqa Avenue 3, and where C.307.S sits

All 16 studios →

C.307.S last sold in September 2022 at AED 1,133 per sqft, 4% below what studios in Multaqa Avenue 3 were fetching at the time (AED 1,176). Over the last 12 months studios sold for AED 700,000, around AED 1,111 per sqft, and rent for AED 49,612 to 65,000 a year. C.307.S's AED 45,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
2 Sep 2026700,000
15 Jul 2024794,892
1 Jul 2024850,318
25 Apr 2024850,465
1 studio sale in the last 12 months

Multaqa Avenue 3

Building

96 apartments, studios to 2-bed over 5 floors in Mirdif, completed in 2021 by Dubai Investment Real Estate. 7 sold in the last 12 months.

Typical price per sqft
AED 1,092
Typical sale
AED 970K
Typical rent
AED 80K /yr
Typical yield
7.2%
Multaqa Avenue 3, Mirdif: prices, sales and rents →

Other units on the 3rd floor

All 96 units in Multaqa Avenue 3
Value
C.300.GStudioAED 866K · Feb 2024
C.301.G1-bedNo registered sale
C.302.G1-bedAED 1.34M · Aug 2024
C.303.G1-bedAED 1.6M · Oct 2024
C.304.G1-bedAED 1.15M · Aug 2024
C.305.G1-bedAED 968K · Feb 2022
C.306.GStudioAED 737K · Mar 2021
1–7 of 22

C.307.S, Multaqa Avenue 3 in numbers

  • Sold once: by Dubai Investment Real Estate on 10 September 2022 for AED 676,134, or AED 1,133 per sqft.
  • Rented since April 2023 on 2 Ejari contracts, from AED 42,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2022 price is 6.7%.
  • Studios in Multaqa Avenue 3 sold for AED 700,000–700,000 in the 12 months to November 2026; the building's median across all types is AED 1,092 per sqft.

Source: Dubai Land Department. Updated 28 April 2024.

Questions about C.307.S, Multaqa Avenue 3

What did unit C.307.S last sell for?

AED 676,134 on 10 September 2022, sold by the developer: AED 1,133 per sqft for 597 sqft. It is the only registered sale of the unit.

What is the rent for unit C.307.S?

AED 45,000 a year on the contract renewed on 28 April 2024. The previous contract, from April 2023, was AED 42,000.

How big is unit C.307.S?

597 sqft (55.5 sqm): a studio on the 3rd floor of a 5-storey tower completed in 2021.

What is unit C.307.S worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Multaqa Avenue 3 sold for AED 700,000 to 700,000 in the last 12 months, around AED 1,111 per sqft.

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Mortgage on C.307.S, Multaqa Avenue 3

Starts from the last sale price (AED 676K, 10 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 676,134
Deposit, UAE resident (20%)
AED 135,227
Deposit, non-resident (40%)
AED 270,454
Monthly over 25 years at 3.7%
AED 2,766

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