What does a studio cost here?
Not enough deals yet
Only 9 sold here in the last year, too few for a fair range. Across Dubai Production City, a studio resells for about AED 420k.
Dubai Production City · Ready and off-plan · 56% of recent sales are 1-bedrooms
1-bedrooms resell for about AED 1.16M and rent for AED 70k a year.
At a glance
From 10 resales in the last 12 months.
From 17 new leases in the last 3 months.
Less than 1-bedrooms across Dubai Production City, at 9.4%.
Fewer resales than the typical similar building, so a sale may take longer.
What brings you here?
Not enough deals yet
Only 9 sold here in the last year, too few for a fair range. Across Dubai Production City, a studio resells for about AED 420k.
AED 1.16M
That's the typical price. 5 of the 10 1-bedrooms resold here in the last year went for AED 1.05M to AED 1.19M. Got an asking price? Enter it below to see how it compares.
Each dot is a real sale here in the last 12 months.
AED 1.05M
3 of the 10 1-bedrooms resold here in the last year went for this or less. Start here and leave room to move.
Based on the typical 1-bedroom here at AED 1.16M, and renting a 1-bedroom here for AED 70k a year.
The mortgage is AED 663 a month less than renting.
Before service charges and any change in price.
AED 314k
Over 5 years, buying costs about AED 279k in fees and interest. Renting costs about AED 350k.
Fees: DLD transfer fee 4% plus AED 580; trustee fee AED 4,000 plus VAT; mortgage registration 0.25% of the loan plus AED 290; agency fee 2% plus VAT; bank valuation about AED 3,000. Up to 80% loan for a first home up to AED 5M. Your bank sets your rate.
6.0%
A year's rent, about AED 70k, as a share of the price, before service charges. 1-bedrooms across Dubai Production City earn 9.4%.
1 a month
That's how often a 1-bedroom resells here. The building has fewer resales than the typical similar building nearby.
No clear move
Only 6 resales in the building in the last 3 months, too few to call a direction.
AED 707k less
1-bedrooms at Qasr Sabah I II III cost AED 453k and rent for AED 44k. That's a 9.7% return, against 6.0% here. Below: 3 cheaper buildings that earn more.
5 of the 5 others
in Dubai Production City earn a higher return than Viera Residences. Across the building as a whole it costs AED 1,405 per sq ft and earns 6.4%. The typical building in Dubai Production City costs AED 1,022 per sq ft and earns 8.6%.
AED 1.63M
Based on 11 off-plan sales in the last 12 months. Only 7 resales, so there is no resale range.
Based on the typical off-plan 2-bedroom here at AED 1.63M, and renting a 2-bedroom in Dubai Production City for AED 100k a year.
From handover, the mortgage is AED 1,067 a month less than renting.
Before service charges and any change in price.
AED 599k
Rent until handover adds AED 200,000: AED 598,772 with it, AED 398,772 without.
Over 5 years from handover, buying costs about AED 349k in fees and interest. Renting costs about AED 500k.
The monthly figure starts at handover. Most payment plans ask for more than 20% before handover. Set the down payment to match yours.
Fees: DLD registration (Oqood) 4% plus admin; mortgage registration 0.25% of the loan plus AED 290; bank valuation about AED 3,000. Developers usually pay the agent's commission and may charge an admin fee. Buying from another owner, not the developer? Agency and trustee fees apply. Lending limits differ for an apartment still being built. Ask your bank.
Not enough deals yet
Only 2 new leases were signed here in the last 3 months, too few for a fair range. Across Dubai Production City, a new studio lease is about AED 40k a year.
AED 70k a year
That's the typical new 1-bedroom rent here. Of the 17 new leases in the last 3 months, 10 signed for AED 70k to AED 75k. Enter your quote to check it.
Each dot is a real new lease here in the last 3 months.
No clear move
Only 17 new 1-bedroom leases in the last 3 months, too few to call a direction.
1 a week
That's how often a new 1-bedroom lease is signed here, from 17 new leases in the last 3 months.
17 years
of rent at AED 70k equals the typical 1-bedroom price, AED 1.16M, before fees and service charges.
You'd pay about AED 70k a year to rent a 1-bedroom here. Here's what owning a 1-bedroom here would cost each month, and the cash you'd need first.
AED 314kthen AED 5,170 a month
Owning would cost you AED 663 a month less than renting, before service charges, once you've put down AED 314k.
Fees: DLD transfer fee 4% plus AED 580; trustee fee AED 4,000 plus VAT; mortgage registration 0.25% of the loan plus AED 290; agency fee 2% plus VAT; bank valuation about AED 3,000. Up to 80% loan for a first home up to AED 5M. Your bank sets your rate.
3 buildings
nearby sign new 1-bedroom leases under AED 70k. Here's the typical rent at each building over the last 3 months.
Not enough deals yet
Only 2 new leases were signed here in the last 3 months, too few for a fair range. Across Dubai Production City, a new 2-bedroom lease is about AED 100k a year.
Not enough deals yet
Only 9 sold here in the last year, too few for a fair range. Across Dubai Production City, a studio resells for about AED 420k.
Move the slider to your size.
AED 1.16M
Apartments this size here usually sell for AED 1.05M to AED 1.17M.
AED 70k
That's the typical new 1-bedroom rent here. 3 of the 17 new leases paid over AED 75k. Ask more if yours is high up or upgraded.
Start from the typical 1-bedroom price here, AED 1.16M. Enter what's left on your mortgage to see what reaches your account.
AED 1.16M
Your developer also charges for the no-objection certificate, often AED 500 to 5,000.
No clear move
Only 6 resales in the building in the last 3 months, too few to call a direction.
1 a month
1-bedrooms resell here at about this pace. The latest 3:
6.0%
That's a year's rent against today's price, before costs. 1-bedrooms across Dubai Production City earn 9.4%.
Each month's price per sq ft, from resales.
AED 1.63M
Based on 11 off-plan sales in the last 12 months. Only 7 resales, so there is no resale range.
Here are other buildings nearby and what a studio costs in each.
Here are other buildings nearby and what a 2-bedroom costs off-plan in each.
Quick answers, from the same deals as the rest of this page.
About AED 1.16M on resale; 5 of 10 sold for AED 1.05M to AED 1.19M.
About AED 70k a year on a new lease.
About 6.0% gross on a 1-bedroom, before service charges.
Slower than the typical similar building: 23 resales in 12 months.