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3-bed · 2,480 sqftNewbridge Hills 2, Uptown Motorcity · Ground floor

G03, Newbridge Hills 2

Sold prices and rental history: sold twice, last in October 2014, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G03 · DLD and Ejari recordsUpdated 22 October 2014
Last soldAED 992K22 October 2014
Current rentAED 95K /yr1 February 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for G03, Newbridge Hills 2

What is G03 worth today?

Last sold for AED 992,000 in 2014

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22 Oct 2014SoldReady
AED 992,000AED 400 per sqft
1 Feb 2014RentedRenewal
AED 95,000/yr12 months · AED 38 per sqft
1 Feb 2013RentedRenewal
AED 90,000/yr12 months · AED 36 per sqft
1 Feb 2012RentedNew contract
AED 90,000/yr12 months · AED 36 per sqft
28 Mar 2011Sold by developerReady
AED 2,124,000AED 856 per sqft

Source: Dubai Land Department. Updated 22 October 2014.

Key facts

Type
3-bed apartment
Size
2,480 sqft
Floor
Ground of 11
Parking
224-258
Service charge
AED 32,200 /yr
Last sold
AED 992K · October 2014
Building
Newbridge Hills 2

About G03, Newbridge Hills 2

G03 is a three-bedroom apartment of 2,480 sqft on the ground floor of Newbridge Hills 2, a 11-storey tower in Uptown Motorcity. It last sold on 22 October 2014 for AED 992,000, or AED 400 per sqft.

It has been rented since 2012 on 3 Ejari contracts. The current contract, renewed on 1 February 2014, is AED 95,000 a year: a gross yield of 9.6% on the 2014 price, before the service charge of about AED 32,200 a year.

Sales and rents for G03 over time

Sales
Unit G03, each saleTypical three-bed in Newbridge Hills 2
1M2M2011201520192023Typical 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 2,124,000 (AED 856 per sqft)Sold, October 2014: AED 992,000 (AED 400 per sqft)

G03 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit G03, 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 90,000 a yearRenewal, February 2013: AED 90,000 a yearRenewal, February 2014: AED 95,000 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 G03 sits

All 20 3-beds →

G03's AED 95,000 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 ground floor

All 100 units in Newbridge Hills 2
Value
G012-bedAED 1.72M · Aug 2009
G021-bedAED 1.22M · Mar 2011
G041-bedAED 1.22M · Mar 2011
G052-bedAED 1.72M · Mar 2011

G03, Newbridge Hills 2 in numbers

  • Sold twice: first on 28 March 2011 for AED 2,124,000, last on 22 October 2014 for AED 992,000 (AED 400 per sqft).
  • Rented since February 2012 on 3 Ejari contracts, from AED 90,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2014 price is 9.6%, before a service charge of about AED 32,200 a year (AED 12.98 per sqft).

Source: Dubai Land Department. Updated 22 October 2014.

Questions about G03, Newbridge Hills 2

What did unit G03 last sell for?

AED 992,000 on 22 October 2014: AED 400 per sqft for 2,480 sqft. The unit has 2 registered sales; the first was AED 2,124,000 in March 2011.

What is the rent for unit G03?

AED 95,000 a year on the contract renewed on 1 February 2014. The previous contract, from February 2013, was AED 90,000; the unit has been rented since February 2012.

How big is unit G03?

2,480 sqft (230.4 sqm): a three-bedroom apartment on the ground floor of a 11-storey tower.

What is unit G03 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 G03, Newbridge Hills 2

Starts from the last sale price (AED 992K, 22 October 2014). Switch to today's estimate once you have unlocked it.
Price
AED 992,000
Deposit, UAE resident (20%)
AED 198,400
Deposit, non-resident (40%)
AED 396,800
Monthly over 25 years at 3.7%
AED 4,059

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