Unit 708, Sydney Tower: what it sold for and what it is worth now

Unit 708 at Sydney Tower is a studio of 388 sq ft. It last sold for AED 480,000 on 18 May 2023. At AED 1,430 per sq ft, from 4 sales of units ending 08 (same position in the tower), it is worth about AED 555,000 today.

Value todayAED 555,000AED 491,000 to AED 612,000
Last saleAED 480,00018 May 2023 · Resale
Change since last sale+15.6%Building trend alone: AED 501,955
Rent (median asking, studio)AED 44,999Gross yield 8.1%
Bedroomsstudio
Size388 sq ft
Floor7 (from the unit number)
Position in the towerStack 08: units ending 08 share the same layout and view
BuildingSydney Tower by Mr Mhamed Bakri & Mr Majed Hawayy, handed over 2018
Registered sales of this unit1

Every registered sale of unit 708

DatePriceSizeAED/sq ftType
18 May 2023AED 480,000388 sq ft1,237Resale

Units ending 08 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
130817 Jul 2026AED 435,000388 sq ft1,121Resale
30811 Sep 2025AED 510,000388 sq ft1,314Resale
150811 Feb 2025AED 647,500388 sq ft1,669Resale
8086 Nov 2024AED 600,000388 sq ft1,546Resale
3082 Jul 2024AED 570,000388 sq ft1,469Resale
90824 Apr 2024AED 577,500388 sq ft1,488Resale
16081 Apr 2024AED 577,500388 sq ft1,488Resale
19088 Nov 2023AED 550,000388 sq ft1,418Resale

Latest studio sales in Sydney Tower

UnitDatePriceSizeAED/sq ftType
130817 Jul 2026AED 435,000388 sq ft1,121Resale
30811 Sep 2025AED 510,000388 sq ft1,314Resale
150811 Feb 2025AED 647,500388 sq ft1,669Resale
8086 Nov 2024AED 600,000388 sq ft1,546Resale
3082 Jul 2024AED 570,000388 sq ft1,469Resale
90824 Apr 2024AED 577,500388 sq ft1,488Resale
16081 Apr 2024AED 577,500388 sq ft1,488Resale
19088 Nov 2023AED 550,000388 sq ft1,418Resale

How we worked out the value

We took the 4 resale sales of units ending 08 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,430). We multiplied it by the size of this unit (388 sq ft). The range uses the middle half of those sales (AED 1,266 to AED 1,577 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 501,955. Floor, view, condition and upgrades can move the price either way. Sales data to 25 Aug 2026, from the Dubai Land Department register.

Questions

What is unit 708 at Sydney Tower worth?

About AED 555,000 (range AED 491,000 to AED 612,000), based on AED 1,430 per sq ft from registered sales up to 25 Aug 2026.

When did unit 708 last sell?

18 May 2023, for AED 480,000 (resale). It has 1 registered sale.

What rent can unit 708 make?

A studio in Sydney Tower rents for about AED 44,999 a year (median asking rent). That is a gross yield of 8.1% on the estimate.

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