1-bed · 983 sqftBennett House 1, Uptown Motorcity · 3rd floor

307, Bennett House 1

Sold prices and rental history: sold twice, last in May 2014, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 307 · DLD and Ejari recordsUpdated 4 July 2017
Last soldAED 983K12 May 2014
Current rentAED 77K /yr4 July 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 307, Bennett House 1

What is 307 worth today?

Last sold for AED 983,000 in 2014

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4 Jul 2017RentedNew contract
AED 77,000/yr12 months · AED 79 per sqft
12 May 2014SoldReady
AED 983,000AED 1,000 per sqft
4 Dec 2013RentedNew contract
AED 70,000/yr12 months · AED 71 per sqft
26 Sep 2013Sold by developerReady
AED 589,800AED 600 per sqft
28 Jan 2013RentedNew contract
AED 52,000/yr12 months · AED 53 per sqft

Source: Dubai Land Department. Updated 4 July 2017.

Key facts

Type
1-bed apartment
Size
983 sqft
Floor
3rd of 3
Parking
45
Service charge
AED 13,900 /yr
Last sold
AED 983K · May 2014

About 307, Bennett House 1

307 is a one-bedroom apartment of 983 sqft on the 3rd floor of Bennett House 1, a 3-storey tower in Uptown Motorcity. It last sold on 12 May 2014 for AED 983,000, or AED 1,000 per sqft, 25% above the AED 800 one-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 4 July 2017, is AED 77,000 a year: a gross yield of 7.8% on the 2014 price, before the service charge of about AED 13,900 a year.

Sales and rents for 307 over time

Sales
Unit 307, each saleTypical one-bed in Bennett House 1
500K750K1M20112015201920232027Typical sale price by year: 2011 AED 526,000; 2013 AED 815,300; 2014 AED 917,850; 2015 AED 1,000,000; 2023 AED 750,000; 2024 AED 850,000; 2025 AED 970,000; 2026 AED 990,000Sold by developer, September 2013: AED 589,800 (AED 600 per sqft)Sold, May 2014: AED 983,000 (AED 1,000 per sqft)

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

Rents
Unit 307, each contractTypical one-bed in Bennett House 1
40K60K80K2012201620202024Typical rent by year: 2012 AED 47,000; 2013 AED 52,750; 2014 AED 60,000; 2015 AED 80,000; 2016 AED 80,000; 2017 AED 78,000; 2018 AED 68,000; 2019 AED 54,750; 2020 AED 43,500; 2021 AED 42,000; 2022 AED 45,561; 2023 AED 62,000; 2024 AED 63,550; 2025 AED 75,000; 2026 AED 75,000New contract, January 2013: AED 52,000 a yearNew contract, December 2013: AED 70,000 a yearNew contract, July 2017: AED 77,000 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 Bennett House 1, and where 307 sits

All 26 1-beds →

307 last sold in May 2014 at AED 1,000 per sqft, 25% above what one-beds in Bennett House 1 were fetching at the time (AED 800). Over the last 12 months one-beds sold for AED 800,000 to 1,065,000, around AED 1,002 per sqft, and rent for AED 65,100 to 90,000 a year. 307's AED 77,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Sep 2026800,000
11 Mar 20261,065,000
25 Feb 20261,030,000
9 Feb 2026950,000
4 1-bed sales in the last 12 months

Bennett House 1

Building

58 apartments, studios to 3-bed over 3 floors in Uptown Motorcity. 4 sold in the last 12 months.

Typical price per sqft
AED 1,002
Typical sale
AED 990K
Typical rent
AED 75K /yr
Typical yield
7.2%
Bennett House 1, Uptown Motorcity: prices, sales and rents →

Other units on the 3rd floor

All 58 units in Bennett House 1
Value
3011-bedAED 645K · Dec 2022
3022-bedAED 1.04M · Jul 2013
3031-bedAED 948K · Feb 2014
3041-bedAED 760K · Dec 2023
3051-bedAED 800K · Jan 2024
3062-bedAED 1.56M · Sep 2016
3083-bedAED 1.93M · Feb 2014
1–7 of 14

307, Bennett House 1 in numbers

  • Sold twice: first on 26 September 2013 for AED 589,800, last on 12 May 2014 for AED 983,000 (AED 1,000 per sqft).
  • Rented since January 2013 on 3 Ejari contracts, from AED 52,000 to AED 77,000 a year.
  • At AED 77,000 a year the gross yield on the 2014 price is 7.8%, before a service charge of about AED 13,900 a year (AED 14.12 per sqft).
  • One-beds in Bennett House 1 sold for AED 800,000–1,065,000 in the 12 months to November 2026; the building's median across all types is AED 1,002 per sqft.

Source: Dubai Land Department. Updated 4 July 2017.

Questions about 307, Bennett House 1

What did unit 307 last sell for?

AED 983,000 on 12 May 2014: AED 1,000 per sqft for 983 sqft. The unit has 2 registered sales; the first was AED 589,800 in September 2013.

What is the rent for unit 307?

AED 77,000 a year on the contract signed on 4 July 2017. The previous contract, from December 2013, was AED 70,000; the unit has been rented since January 2013.

How big is unit 307?

983 sqft (91.3 sqm): a one-bedroom apartment on the 3rd floor of a 3-storey tower.

What is unit 307 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Bennett House 1 sold for AED 800,000 to 1,065,000 in the last 12 months, around AED 1,002 per sqft.

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Mortgage on 307, Bennett House 1

Starts from the last sale price (AED 983K, 12 May 2014). Switch to today's estimate once you have unlocked it.
Price
AED 983,000
Deposit, UAE resident (20%)
AED 196,600
Deposit, non-resident (40%)
AED 393,200
Monthly over 25 years at 3.7%
AED 4,022

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