Unit 311, Cappadocia: what it sold for and what it is worth now

Unit 311 at Cappadocia is a 3 bed of 2,783 sq ft. It last sold for AED 1,250,000 on 7 Jun 2023. At AED 827 per sq ft, from 16 sales in the building in the last 24 months, it is worth about AED 2,303,000 today.

Value todayAED 2,303,000AED 2,182,000 to AED 2,574,000
Last saleAED 1,250,0007 Jun 2023 · Resale
Change since last sale+84.2% 
Rent (median asking, 3 bed)AED 122,500Gross yield 5.3%
Bedrooms3 bed
Size2,783 sq ft
Floor3 (from the unit number)
Position in the towerStack 11: units ending 11 share the same layout and view
BuildingCappadocia by Beney Investments Ltd, handed over 2013
Registered sales of this unit1

Every registered sale of unit 311

DatePriceSizeAED/sq ftType
7 Jun 2023AED 1,250,0002,783 sq ft449Resale

Units ending 11 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
21125 Aug 2022AED 400,000796 sq ft503Resale
11120 May 2021AED 400,0001,089 sq ft367Resale

How we worked out the value

We took the 16 sales in Cappadocia in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 827). We multiplied it by the size of this unit (2,783 sq ft). The range uses the middle half of those sales (AED 784 to AED 925 per sq ft). Floor, view, condition and upgrades can move the price either way. Sales data to 22 Jun 2026, from the Dubai Land Department register.

Questions

What is unit 311 at Cappadocia worth?

About AED 2,303,000 (range AED 2,182,000 to AED 2,574,000), based on AED 827 per sq ft from registered sales up to 22 Jun 2026.

When did unit 311 last sell?

7 Jun 2023, for AED 1,250,000 (resale). It has 1 registered sale.

What rent can unit 311 make?

A 3 bed in Cappadocia rents for about AED 122,500 a year (median asking rent). That is a gross yield of 5.3% on the estimate.

Sales alert for CappadociaAll sales in Cappadocia

Unit 310 · Unit 312