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2-bed · 2,430 sqftNewbridge Hills 1, Uptown Motorcity · 3rd floor

306, Newbridge Hills 1

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

Unit 306 · DLD and Ejari recordsUpdated 25 September 2020
Last soldAED 1.56M22 May 2013
Current rentAED 71K /yr25 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 306, Newbridge Hills 1

What is 306 worth today?

Last sold for AED 1,559,624 in 2013

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25 Sep 2020RentedNew contract
AED 71,000/yr12 months · AED 29 per sqft
15 Sep 2020RentedNew contract
AED 71,000/yr12 months · AED 29 per sqft
24 Jul 2016RentedNew contract
AED 120,000/yr12 months · AED 49 per sqft
8 Sep 2013RentedNew contract
AED 83,000/yr12 months · AED 34 per sqft
22 May 2013Sold by developerReady
AED 1,559,624AED 641 per sqft

Source: Dubai Land Department. Updated 25 September 2020.

Key facts

Type
2-bed apartment
Size
2,430 sqft
Floor
3rd of 11
Parking
36434
Service charge
AED 31,100 /yr
Last sold
AED 1.56M · May 2013
Building
Newbridge Hills 1

About 306, Newbridge Hills 1

306 is a two-bedroom apartment of 2,430 sqft on the 3rd floor of Newbridge Hills 1, a 11-storey tower in Uptown Motorcity. The developer sold it on 22 May 2013 for AED 1,559,624, or AED 641 per sqft, in line with the AED 641 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 25 September 2020, is AED 71,000 a year: a gross yield of 4.5% on the 2013 price, before the service charge of about AED 31,100 a year.

Sales and rents for 306 over time

Sales
Unit 306, 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, May 2013: AED 1,559,624 (AED 641 per sqft)

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

Rents
Unit 306, 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, September 2013: AED 83,000 a yearNew contract, July 2016: AED 120,000 a yearNew contract, September 2020: AED 71,000 a yearNew contract, September 2020: AED 71,000 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 306 sits

All 40 2-beds →

306 last sold in May 2013 at AED 641 per sqft, in line with what two-beds in Newbridge Hills 1 were fetching at the time (AED 641). 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. 306's AED 71,000 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 3rd floor

All 100 units in Newbridge Hills 1
Value
3011-bedAED 830K · Feb 2025
3023-bedAED 1.87M · Feb 2014
3031-bedAED 450K · Oct 2019
3042-bedAED 1.11M · Oct 2023
3052-bedAED 675K · Jan 2014
3072-bedAED 1.55M · May 2013
3081-bedAED 995K · Mar 2024
1–7 of 9

306, Newbridge Hills 1 in numbers

  • Sold once: by the developer on 22 May 2013 for AED 1,559,624, or AED 641 per sqft.
  • Rented since September 2013 on 4 Ejari contracts, from AED 83,000 to AED 71,000 a year.
  • At AED 71,000 a year the gross yield on the 2013 price is 4.5%, before a service charge of about AED 31,100 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 25 September 2020.

Questions about 306, Newbridge Hills 1

What did unit 306 last sell for?

AED 1,559,624 on 22 May 2013, sold by the developer: AED 641 per sqft for 2,430 sqft. It is the only registered sale of the unit.

What is the rent for unit 306?

AED 71,000 a year on the contract signed on 25 September 2020. The previous contract, from September 2020, was AED 71,000; the unit has been rented since September 2013.

How big is unit 306?

2,430 sqft (225.8 sqm): a two-bedroom apartment on the 3rd floor of a 11-storey tower.

What is unit 306 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 306, Newbridge Hills 1

Starts from the last sale price (AED 1.56M, 22 May 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,559,624
Deposit, UAE resident (20%)
AED 311,925
Deposit, non-resident (40%)
AED 623,850
Monthly over 25 years at 3.7%
AED 6,381

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