2-bed · 1,993 sqftNewbridge Hills 1, Uptown Motorcity · 11th floor

1103, Newbridge Hills 1

Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1103 · DLD and Ejari recordsUpdated 18 March 2024
Last soldAED 1.24M18 March 2024
Current rentAED 80K /yr22 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1103, Newbridge Hills 1

What is 1103 worth today?

Last sold for AED 1,240,000 in 2024

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18 Mar 2024SoldReady
AED 1,240,000AED 622 per sqft
22 May 2022RentedNew contract
AED 80,000/yr12 months · AED 40 per sqft
1 Apr 2021RentedRenewal
AED 69,000/yr12 months · AED 35 per sqft
1 Apr 2020RentedRenewal
AED 81,500/yr12 months · AED 41 per sqft
1 Apr 2019RentedNew contract
AED 83,000/yr12 months · AED 42 per sqft
1 Jan 2018RentedRenewal
AED 94,600/yr12 months · AED 48 per sqft
1 Jan 2017RentedRenewal
AED 94,600/yr12 months · AED 48 per sqft
1 Jan 2016RentedRenewal
AED 94,600/yr12 months · AED 48 per sqft

Source: Dubai Land Department. Updated 18 March 2024.

Key facts

Type
2-bed apartment
Size
1,993 sqft
Floor
11th of 11
Parking
490-491
Service charge
AED 25,500 /yr
Last sold
AED 1.24M · March 2024

About 1103, Newbridge Hills 1

1103 is a two-bedroom apartment of 1,993 sqft on the 11th floor of Newbridge Hills 1, a 11-storey tower in Uptown Motorcity. It last sold on 18 March 2024 for AED 1,240,000, or AED 622 per sqft, in line with the AED 620 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 22 May 2022, is AED 80,000 a year: a gross yield of 6.5% on the 2024 price, before the service charge of about AED 25,500 a year.

Sales and rents for 1103 over time

Sales
Unit 1103, each saleTypical two-bed in Newbridge Hills 1
1.5M2013201720212025Typical sale price by year: 2013 AED 1,291,786; 2014 AED 1,362,500; 2016 AED 1,512,500; 2023 AED 1,242,500; 2024 AED 1,350,000; 2025 AED 1,600,000; 2026 AED 1,875,000Sold by developer, June 2013: AED 1,293,555 (AED 649 per sqft)Sold, March 2024: AED 1,240,000 (AED 622 per sqft)

1103 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1103, each contractTypical two-bed in Newbridge Hills 1
100K2012201620202024Typical rent by year: 2012 AED 84,000; 2013 AED 82,500; 2014 AED 94,000; 2015 AED 100,800; 2016 AED 108,457; 2017 AED 105,000; 2018 AED 97,500; 2019 AED 90,000; 2020 AED 78,000; 2021 AED 70,000; 2022 AED 75,500; 2023 AED 84,000; 2024 AED 88,250; 2025 AED 102,500; 2026 AED 129,000New contract, January 2013: AED 81,000 a yearNew contract, January 2014: AED 81,000 a yearNew contract, January 2015: AED 86,000 a yearRenewal, January 2016: AED 94,600 a yearRenewal, January 2017: AED 94,600 a yearRenewal, January 2018: AED 94,600 a yearNew contract, April 2019: AED 83,000 a yearRenewal, April 2020: AED 81,500 a yearRenewal, April 2021: AED 69,000 a yearNew contract, May 2022: AED 80,000 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 Newbridge Hills 1, and where 1103 sits

All 40 2-beds →

1103 last sold in March 2024 at AED 622 per sqft, in line with what two-beds in Newbridge Hills 1 were fetching at the time (AED 620). Over the last 12 months two-beds sold for AED 1,725,000 to 2,150,000, around AED 954 per sqft, and rent for AED 92,400 to 140,000 a year. 1103's AED 80,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
18 Sep 20262,150,000
31 Mar 20261,850,000
23 Jan 20261,900,000
6 Jan 20261,725,000
6 2-bed sales in the last 12 months

Newbridge Hills 1

Building

100 apartments, 1-bed to 3-bed over 11 floors in Uptown Motorcity. 12 sold in the last 12 months.

Typical price per sqft
AED 903 Up 30.9%
Typical sale
AED 1.85M
Typical rent
AED 120K /yr
Typical yield
6.6%
Newbridge Hills 1, Uptown Motorcity: prices, sales and rents →

Other units on the 11th floor

All 100 units in Newbridge Hills 1
Value
11013-bedAED 1.63M · Sep 2023
11021-bedAED 1.08M · Oct 2014
11041-bedAED 1.08M · Oct 2014
11052-bedAED 1.33M · Oct 2024

1103, Newbridge Hills 1 in numbers

  • Sold twice: first on 9 June 2013 for AED 1,293,555, last on 18 March 2024 for AED 1,240,000 (AED 622 per sqft).
  • Rented since January 2013 on 10 Ejari contracts. The rent fell from AED 81,000 to AED 69,000 in 2021 and recovered to AED 80,000 by May 2022.
  • At AED 80,000 a year the gross yield on the 2024 price is 6.5%, before a service charge of about AED 25,500 a year (AED 12.81 per sqft).
  • Two-beds in Newbridge Hills 1 sold for AED 1,725,000–2,150,000 in the 12 months to November 2026; the building's median across all types is AED 903 per sqft.

Source: Dubai Land Department. Updated 18 March 2024.

Questions about 1103, Newbridge Hills 1

What did unit 1103 last sell for?

AED 1,240,000 on 18 March 2024: AED 622 per sqft for 1,993 sqft. The unit has 2 registered sales; the first was AED 1,293,555 in June 2013.

What is the rent for unit 1103?

AED 80,000 a year on the contract signed on 22 May 2022. The previous contract, from April 2021, was AED 69,000; the unit has been rented since January 2013.

How big is unit 1103?

1,993 sqft (185.2 sqm): a two-bedroom apartment on the 11th floor of a 11-storey tower.

What is unit 1103 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Newbridge Hills 1 sold for AED 1,725,000 to 2,150,000 in the last 12 months, around AED 954 per sqft.

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Mortgage on 1103, Newbridge Hills 1

Starts from the last sale price (AED 1.24M, 18 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,240,000
Deposit, UAE resident (20%)
AED 248,000
Deposit, non-resident (40%)
AED 496,000
Monthly over 25 years at 3.7%
AED 5,073

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