2-bed · 1,933 sqftNewbridge Hills 1, Uptown Motorcity · 7th floor

706, Newbridge Hills 1

Sold prices and rental history: sold twice, last in February 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 5 November 2022
Last soldAED 1.58M28 February 2016
Current rentAED 85K /yr5 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, Newbridge Hills 1

What is 706 worth today?

Last sold for AED 1,575,000 in 2016

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5 Nov 2022RentedRenewal
AED 85,000/yr12 months · AED 44 per sqft
5 Nov 2021RentedNew contract
AED 85,000/yr12 months · AED 44 per sqft
24 Aug 2016RentedNew contract
AED 101,914/yr10 months · AED 53 per sqft
28 Feb 2016SoldReady
AED 1,575,000AED 814 per sqft
24 Aug 2015RentedRenewal
AED 102,000/yr12 months · AED 53 per sqft
24 Aug 2014RentedNew contract
AED 102,000/yr12 months · AED 53 per sqft
24 Aug 2013RentedNew contract
AED 102,000/yr12 months · AED 53 per sqft
10 Jun 2013Sold by developerReady
AED 1,252,433AED 647 per sqft

Source: Dubai Land Department. Updated 5 November 2022.

Key facts

Type
2-bed apartment
Size
1,933 sqft
Floor
7th of 11
Parking
15-16
Service charge
AED 24,800 /yr
Last sold
AED 1.58M · February 2016

About 706, Newbridge Hills 1

706 is a two-bedroom apartment of 1,933 sqft on the 7th floor of Newbridge Hills 1, a 11-storey tower in Uptown Motorcity. It last sold on 28 February 2016 for AED 1,575,000, or AED 814 per sqft.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 5 November 2022, is AED 85,000 a year: a gross yield of 5.4% on the 2016 price, before the service charge of about AED 24,800 a year.

Sales and rents for 706 over time

Sales
Unit 706, 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 1,252,433 (AED 647 per sqft)Sold, February 2016: AED 1,575,000 (AED 814 per sqft)

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

Rents
Unit 706, 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, August 2013: AED 102,000 a yearNew contract, August 2014: AED 102,000 a yearRenewal, August 2015: AED 102,000 a yearNew contract, August 2016: AED 101,914 a yearNew contract, November 2021: AED 85,000 a yearRenewal, November 2022: AED 85,000 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 706 sits

All 40 2-beds →

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. 706's AED 85,000 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 7th floor

All 100 units in Newbridge Hills 1
Value
7013-bedAED 1.1M · Apr 2014
7021-bedAED 790K · Feb 2024
7032-bedAED 1.85M · Nov 2025
7041-bedAED 1.04M · Oct 2014
7052-bedAED 2.15M · Sep 2026
7071-bedAED 880K · Aug 2024
7082-bedAED 1.27M · Sep 2023
1–7 of 9

706, Newbridge Hills 1 in numbers

  • Sold twice: first on 10 June 2013 for AED 1,252,433, last on 28 February 2016 for AED 1,575,000 (AED 814 per sqft).
  • Rented since August 2013 on 6 Ejari contracts, from AED 102,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2016 price is 5.4%, before a service charge of about AED 24,800 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 5 November 2022.

Questions about 706, Newbridge Hills 1

What did unit 706 last sell for?

AED 1,575,000 on 28 February 2016: AED 814 per sqft for 1,933 sqft. The unit has 2 registered sales; the first was AED 1,252,433 in June 2013.

What is the rent for unit 706?

AED 85,000 a year on the contract renewed on 5 November 2022. The previous contract, from November 2021, was AED 85,000; the unit has been rented since August 2013.

How big is unit 706?

1,933 sqft (179.6 sqm): a two-bedroom apartment on the 7th floor of a 11-storey tower.

What is unit 706 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 706, Newbridge Hills 1

Starts from the last sale price (AED 1.58M, 28 February 2016). 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 →