2-bed · 1,432 sqftBennett House 1, Uptown Motorcity · 3rd floor

310, Bennett House 1

Sold prices and rental history: sold 3 times, last in December 2015, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 310 · DLD and Ejari recordsUpdated 29 December 2015
Last soldAED 1.58M29 December 2015
Current rentAED 120K /yr1 February 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 310, Bennett House 1

What is 310 worth today?

Last sold for AED 1,575,000 in 2015

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29 Dec 2015SoldReady
AED 1,575,000AED 1,099 per sqft
1 Feb 2015RentedNew contract
AED 120,000/yr12 months · AED 84 per sqft
15 Nov 2013RentedNew contract
AED 100,000/yr12 months · AED 70 per sqft
17 Jul 2013SoldReady
AED 1,145,600AED 799 per sqft
18 Apr 2013RentedRenewal
AED 25,900/yr18 months · AED 18 per sqft
18 Apr 2012RentedNew contract
AED 74,000/yr12 months · AED 52 per sqft
9 Feb 2011Sold by developerReady
AED 716,000AED 499 per sqft

Source: Dubai Land Department. Updated 29 December 2015.

Key facts

Type
2-bed apartment
Size
1,432 sqft
Floor
3rd of 3
Parking
64-63
Service charge
AED 20,200 /yr
Last sold
AED 1.58M · December 2015

About 310, Bennett House 1

310 is a two-bedroom apartment of 1,432 sqft on the 3rd floor of Bennett House 1, a 3-storey tower in Uptown Motorcity. It last sold on 29 December 2015 for AED 1,575,000, or AED 1,099 per sqft.

It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, signed on 1 February 2015, is AED 120,000 a year: a gross yield of 7.6% on the 2015 price, before the service charge of about AED 20,200 a year.

Sales and rents for 310 over time

Sales
Unit 310, each saleTypical two-bed in Bennett House 1
1M1.5M201120132015Typical sale price by year: 2011 AED 719,500; 2013 AED 1,069,058Sold by developer, February 2011: AED 716,000 (AED 499 per sqft)Sold, July 2013: AED 1,145,600 (AED 799 per sqft)Sold, December 2015: AED 1,575,000 (AED 1,099 per sqft)

310 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 310, each contractTypical two-bed in Bennett House 1
50K100K2012201620202024Typical rent by year: 2012 AED 72,000; 2013 AED 72,450; 2014 AED 100,500; 2015 AED 120,000; 2016 AED 105,000; 2017 AED 106,500; 2018 AED 103,000; 2019 AED 90,000; 2020 AED 78,381; 2021 AED 68,500; 2022 AED 78,750; 2023 AED 84,000; 2024 AED 110,000; 2025 AED 130,000New contract, April 2012: AED 74,000 a yearRenewal, April 2013: AED 25,900 a yearNew contract, November 2013: AED 100,000 a yearNew contract, February 2015: AED 120,000 a year

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

2-beds in Bennett House 1, and where 310 sits

All 16 2-beds →

310's AED 120,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Mar 20241,295,000
18 Jan 2021830,000
28 Sep 20161,560,000
5 Dec 20131,250,000
0 2-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

310, Bennett House 1 in numbers

  • Sold 3 times: first on 9 February 2011 for AED 716,000, last on 29 December 2015 for AED 1,575,000 (AED 1,099 per sqft).
  • Rented since April 2012 on 4 Ejari contracts. The rent fell from AED 74,000 to AED 25,900 in 2013 and recovered to AED 120,000 by February 2015.
  • At AED 120,000 a year the gross yield on the 2015 price is 7.6%, before a service charge of about AED 20,200 a year (AED 14.12 per sqft).

Source: Dubai Land Department. Updated 29 December 2015.

Questions about 310, Bennett House 1

What did unit 310 last sell for?

AED 1,575,000 on 29 December 2015: AED 1,099 per sqft for 1,432 sqft. The unit has 3 registered sales; the first was AED 716,000 in February 2011.

What is the rent for unit 310?

AED 120,000 a year on the contract signed on 1 February 2015. The previous contract, from November 2013, was AED 100,000; the unit has been rented since April 2012.

How big is unit 310?

1,432 sqft (133.0 sqm): a two-bedroom apartment on the 3rd floor of a 3-storey tower.

What is unit 310 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 310, Bennett House 1

Starts from the last sale price (AED 1.58M, 29 December 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,575,000
Deposit, UAE resident (20%)
AED 315,000
Deposit, non-resident (40%)
AED 630,000
Monthly over 25 years at 3.7%
AED 6,444

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