3-bed · 2,533 sqftNewbridge Hills 2, Uptown Motorcity · 10th floor

1010, Newbridge Hills 2

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

Unit 1010 · DLD and Ejari recordsUpdated 24 June 2015
Last soldAED 2.12M24 June 2015
Current rentAED 109K /yr14 February 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1010, Newbridge Hills 2

What is 1010 worth today?

Last sold for AED 2,115,055 in 2015

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24 Jun 2015SoldReady
AED 2,115,055AED 835 per sqft
14 Feb 2015RentedRenewal
AED 108,824/yr2 months · AED 43 per sqft
14 Feb 2014RentedRenewal
AED 104,000/yr12 months · AED 41 per sqft
14 Feb 2013RentedRenewal
AED 99,000/yr12 months · AED 39 per sqft
14 Feb 2012RentedNew contract
AED 99,000/yr12 months · AED 39 per sqft
27 Mar 2011Sold by developerReady
AED 2,211,000AED 872 per sqft

Source: Dubai Land Department. Updated 24 June 2015.

Key facts

Type
3-bed apartment
Size
2,533 sqft
Floor
10th of 11
Parking
302-212
Service charge
AED 32,900 /yr
Last sold
AED 2.12M · June 2015

About 1010, Newbridge Hills 2

1010 is a three-bedroom apartment of 2,533 sqft on the 10th floor of Newbridge Hills 2, a 11-storey tower in Uptown Motorcity. It last sold on 24 June 2015 for AED 2,115,055, or AED 835 per sqft, 5% above the AED 799 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, renewed on 14 February 2015, is AED 108,824 a year: a gross yield of 5.1% on the 2015 price, before the service charge of about AED 32,900 a year.

Sales and rents for 1010 over time

Sales
Unit 1010, each saleTypical three-bed in Newbridge Hills 2
1.8M2M2.2M2011201520192023Typical sale price by year: 2011 AED 2,190,000; 2014 AED 1,793,600; 2015 AED 1,829,000; 2024 AED 2,000,000Sold by developer, March 2011: AED 2,211,000 (AED 872 per sqft)Sold, June 2015: AED 2,115,055 (AED 835 per sqft)

1010 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1010, each contractTypical three-bed in Newbridge Hills 2
100K120K2012201620202024Typical rent by year: 2012 AED 91,000; 2013 AED 95,000; 2014 AED 102,000; 2015 AED 110,716; 2017 AED 125,000; 2018 AED 122,000; 2019 AED 115,000; 2020 AED 100,000; 2021 AED 99,000; 2022 AED 105,000; 2023 AED 110,375; 2024 AED 121,275; 2025 AED 126,788; 2026 AED 126,732New contract, February 2012: AED 99,000 a yearRenewal, February 2013: AED 99,000 a yearRenewal, February 2014: AED 104,000 a yearRenewal, February 2015: AED 108,824 a year

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

3-beds in Newbridge Hills 2, and where 1010 sits

All 20 3-beds →

1010 last sold in June 2015 at AED 835 per sqft, 5% above what three-beds in Newbridge Hills 2 were fetching at the time (AED 799). 1010's AED 108,824 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
19 Jun 20252,350,000
26 Dec 20242,050,000
23 Aug 20241,900,000
30 May 20242,000,000
0 3-bed sales in the last 12 months

Newbridge Hills 2

Building

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

Typical price per sqft
AED 852
Typical sale
AED 1.4M
Typical rent
AED 100K /yr
Typical yield
5.9%
Newbridge Hills 2, Uptown Motorcity: prices, sales and rents →

Other units on the 10th floor

All 100 units in Newbridge Hills 2
Value
10013-bedAED 2.56M · Mar 2011
10021-bedAED 1.31M · Mar 2011
10032-bedAED 1.95M · Mar 2011
10041-bedAED 1.31M · Mar 2011
10052-bedAED 1.96M · Mar 2011
10062-bedAED 1.79M · Mar 2011
10071-bedAED 1.27M · Mar 2011
1–7 of 9

1010, Newbridge Hills 2 in numbers

  • Sold twice: first on 27 March 2011 for AED 2,211,000, last on 24 June 2015 for AED 2,115,055 (AED 835 per sqft).
  • Rented since February 2012 on 4 Ejari contracts, from AED 99,000 to AED 108,824 a year.
  • At AED 108,824 a year the gross yield on the 2015 price is 5.1%, before a service charge of about AED 32,900 a year (AED 12.98 per sqft).

Source: Dubai Land Department. Updated 24 June 2015.

Questions about 1010, Newbridge Hills 2

What did unit 1010 last sell for?

AED 2,115,055 on 24 June 2015: AED 835 per sqft for 2,533 sqft. The unit has 2 registered sales; the first was AED 2,211,000 in March 2011.

What is the rent for unit 1010?

AED 108,824 a year on the contract renewed on 14 February 2015. The previous contract, from February 2014, was AED 104,000; the unit has been rented since February 2012.

How big is unit 1010?

2,533 sqft (235.3 sqm): a three-bedroom apartment on the 10th floor of a 11-storey tower.

What is unit 1010 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 1010, Newbridge Hills 2

Starts from the last sale price (AED 2.12M, 24 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,115,055
Deposit, UAE resident (20%)
AED 423,011
Deposit, non-resident (40%)
AED 846,022
Monthly over 25 years at 3.7%
AED 8,653

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