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

307, Newbridge Hills 1

Sold prices and rental history: sold once, by the developer in May 2013, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 307 · DLD and Ejari recordsUpdated 1 April 2024
Last soldAED 1.55M22 May 2013
Current rentAED 89K /yr1 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 307, Newbridge Hills 1

What is 307 worth today?

Last sold for AED 1,553,624 in 2013

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1 Apr 2024RentedRenewal
AED 88,500/yr12 months · AED 37 per sqft
1 Apr 2024RentedRenewal
AED 88,500/yr12 months · AED 36 per sqft
1 Apr 2023RentedNew contract
AED 84,000/yr12 months · AED 35 per sqft
1 Apr 2022RentedRenewal
AED 80,000/yr12 months · AED 33 per sqft
1 Apr 2021RentedRenewal
AED 80,000/yr12 months · AED 33 per sqft
1 Apr 2020RentedNew contract
AED 85,000/yr12 months · AED 35 per sqft
22 Sep 2018RentedRenewal
AED 98,700/yr12 months · AED 41 per sqft
22 Sep 2017RentedRenewal
AED 98,700/yr12 months · AED 41 per sqft

Source: Dubai Land Department. Updated 1 April 2024.

Key facts

Type
2-bed apartment
Size
2,430 sqft
Floor
3rd of 11
Parking
9-100
Service charge
AED 31,100 /yr
Last sold
AED 1.55M · May 2013

About 307, Newbridge Hills 1

307 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 1,553,624, or AED 639 per sqft, in line with the AED 641 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, renewed on 1 April 2024, is AED 88,500 a year: a gross yield of 5.7% on the 2013 price, before the service charge of about AED 31,100 a year.

Sales and rents for 307 over time

Sales
Unit 307, 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 1,553,624 (AED 639 per sqft)

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

Rents
Unit 307, 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 2012: AED 84,500 a yearNew contract, September 2014: AED 94,000 a yearRenewal, September 2015: AED 98,700 a yearRenewal, September 2016: AED 98,700 a yearRenewal, September 2017: AED 98,700 a yearRenewal, September 2018: AED 98,700 a yearNew contract, April 2020: AED 85,000 a yearRenewal, April 2021: AED 80,000 a yearRenewal, April 2022: AED 80,000 a yearNew contract, April 2023: AED 84,000 a yearRenewal, April 2024: AED 88,500 a yearRenewal, April 2024: AED 88,500 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 307 sits

All 40 2-beds →

307 last sold in May 2013 at AED 639 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. 307's AED 88,500 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
3062-bedAED 1.56M · May 2013
3081-bedAED 995K · Mar 2024
1–7 of 9

307, Newbridge Hills 1 in numbers

  • Sold once: by the developer on 22 May 2013 for AED 1,553,624, or AED 639 per sqft.
  • Rented since September 2012 on 12 Ejari contracts, from AED 84,500 to AED 88,500 a year.
  • At AED 88,500 a year the gross yield on the 2013 price is 5.7%, 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 1 April 2024.

Questions about 307, Newbridge Hills 1

What did unit 307 last sell for?

AED 1,553,624 on 22 May 2013, sold by the developer: AED 639 per sqft for 2,430 sqft. It is the only registered sale of the unit.

What is the rent for unit 307?

AED 88,500 a year on the contract renewed on 1 April 2024. The previous contract, from April 2024, was AED 88,500; the unit has been rented since September 2012.

How big is unit 307?

2,430 sqft (225.8 sqm): a two-bedroom apartment on the 3rd floor of a 11-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. 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 307, Newbridge Hills 1

Starts from the last sale price (AED 1.55M, 22 May 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,553,624
Deposit, UAE resident (20%)
AED 310,725
Deposit, non-resident (40%)
AED 621,450
Monthly over 25 years at 3.7%
AED 6,356

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