3-bed · 1,932 sqftBennett House 1, Uptown Motorcity · 3rd floor

308, Bennett House 1

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

Unit 308 · DLD and Ejari recordsUpdated 1 April 2014
Last soldAED 1.93M19 February 2014
Current rentAED 95K /yr1 April 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Bennett House 1

What is 308 worth today?

Last sold for AED 1,932,000 in 2014

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1 Apr 2014RentedNew contract
AED 95,000/yr12 months · AED 49 per sqft
19 Feb 2014SoldReady
AED 1,932,000AED 999 per sqft
1 Apr 2013RentedNew contract
AED 95,000/yr12 months · AED 49 per sqft
9 Feb 2011Sold by developerReady
AED 966,000AED 499 per sqft

Source: Dubai Land Department. Updated 1 April 2014.

Key facts

Type
3-bed apartment
Size
1,932 sqft
Floor
3rd of 3
Parking
48-49
Service charge
AED 27,300 /yr
Last sold
AED 1.93M · February 2014

About 308, Bennett House 1

308 is a three-bedroom apartment of 1,932 sqft on the 3rd floor of Bennett House 1, a 3-storey tower in Uptown Motorcity. It last sold on 19 February 2014 for AED 1,932,000, or AED 999 per sqft, 25% above the AED 800 three-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 1 April 2014, is AED 95,000 a year: a gross yield of 4.9% on the 2014 price, before the service charge of about AED 27,300 a year.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical three-bed in Bennett House 1
1M1.5M2M20112012201320142015Typical sale price by year: 2011 AED 1,010,000; 2013 AED 1,616,000; 2014 AED 1,932,000Sold by developer, February 2011: AED 966,000 (AED 499 per sqft)Sold, February 2014: AED 1,932,000 (AED 999 per sqft)

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

Rents
Unit 308, each contractTypical three-bed in Bennett House 1
100K125K150K2012201620202024Typical rent by year: 2012 AED 92,500; 2013 AED 93,000; 2014 AED 102,638; 2020 AED 102,500; 2021 AED 100,000; 2022 AED 105,000; 2023 AED 129,000; 2024 AED 145,000New contract, April 2013: AED 95,000 a yearNew contract, April 2014: AED 95,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Bennett House 1, and where 308 sits

All 8 3-beds →

308 last sold in February 2014 at AED 999 per sqft, 25% above what three-beds in Bennett House 1 were fetching at the time (AED 800).

Recent 3-bed salesUnit no.Price (AED)Summary
18 Jun 20252,525,000
21 Mar 20252,500,000
17 Sep 20241,940,000
1 Apr 20241,850,000
0 3-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
3071-bedAED 983K · May 2014
1–7 of 14

308, Bennett House 1 in numbers

  • Sold twice: first on 9 February 2011 for AED 966,000, last on 19 February 2014 for AED 1,932,000 (AED 999 per sqft).
  • Rented since April 2013 on 2 Ejari contracts, at AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2014 price is 4.9%, before a service charge of about AED 27,300 a year (AED 14.12 per sqft).

Source: Dubai Land Department. Updated 1 April 2014.

Questions about 308, Bennett House 1

What did unit 308 last sell for?

AED 1,932,000 on 19 February 2014: AED 999 per sqft for 1,932 sqft. The unit has 2 registered sales; the first was AED 966,000 in February 2011.

What is the rent for unit 308?

AED 95,000 a year on the contract signed on 1 April 2014. The previous contract, from April 2013, was AED 95,000.

How big is unit 308?

1,932 sqft (179.5 sqm): a three-bedroom apartment on the 3rd floor of a 3-storey tower.

What is unit 308 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 308, Bennett House 1

Starts from the last sale price (AED 1.93M, 19 February 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,932,000
Deposit, UAE resident (20%)
AED 386,400
Deposit, non-resident (40%)
AED 772,800
Monthly over 25 years at 3.7%
AED 7,904

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