3-bed · 1,993 sqftAces Chateau, Jumeirah Village Circle (JVC) · completed 2019

308, Aces Chateau

Sold prices and rental history: sold twice, last in August 2022, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 24 August 2022
Last soldAED 1.05M24 August 2022
Current rentAED 76K /yr15 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Aces Chateau

What is 308 worth today?

Last sold for AED 1,050,000 in 2022

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24 Aug 2022SoldReady
AED 1,050,000AED 526 per sqft
15 Nov 2020RentedNew contract
AED 76,000/yr12 months · AED 38 per sqft
15 Nov 2019RentedNew contract
AED 80,000/yr12 months · AED 40 per sqft
3 Dec 2014Sold by developerOff-plan
AED 1,822,023AED 914 per sqft

Source: Dubai Land Department. Updated 24 August 2022.

Key facts

Type
3-bed apartment
Size
1,993 sqft
Parking
B-07, B-08
Developer
Aces Property Development
Completed
2019
Service charge
AED 28,700 /yr
Last sold
AED 1.05M · August 2022
Building
Aces Chateau

About 308, Aces Chateau

308 is a three-bedroom apartment of 1,993 sqft of Aces Chateau, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2019 by Aces Property Development. It last sold on 24 August 2022 for AED 1,050,000, or AED 526 per sqft, 14% above the AED 463 three-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 15 November 2020, is AED 76,000 a year: a gross yield of 7.2% on the 2022 price, before the service charge of about AED 28,700 a year.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical three-bed in Aces Chateau
1M1.5M2014201720202023Typical sale price by year: 2020 AED 1,500,000; 2022 AED 1,150,000; 2023 AED 1,240,000Sold by developer, December 2014: AED 1,822,023 (AED 914 per sqft)Sold, August 2022: AED 1,050,000 (AED 526 per sqft)

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

Rents
Unit 308, each contractTypical three-bed in Aces Chateau
100K20192021202320252027Typical rent by year: 2019 AED 75,000; 2020 AED 70,000; 2022 AED 65,000; 2023 AED 92,000; 2024 AED 125,000; 2025 AED 135,000; 2026 AED 129,000New contract, November 2019: AED 80,000 a yearNew contract, November 2020: AED 76,000 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 Aces Chateau, and where 308 sits

All 9 3-beds →

308 last sold in August 2022 at AED 526 per sqft, 14% above what three-beds in Aces Chateau were fetching at the time (AED 463). Over the last 12 months three-beds sold for AED 1,475,000, around AED 859 per sqft, and rent for AED 125,000 to 145,000 a year. 308's AED 76,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
18 Sep 20261,475,000
10 Sep 20251,886,167
4 Feb 20252,020,000
11 Sep 20241,350,000
1 3-bed sale in the last 12 months

Aces Chateau

Building

6 apartments, studios to 3-bed over 4 floors in Jumeirah Village Circle (JVC), completed in 2019 by Aces Property Development. 3 sold in the last 12 months.

Typical price per sqft
AED 836
Typical sale
AED 1.1M
Typical rent
AED 60K /yr
Typical yield
8.0%
Aces Chateau, Jumeirah Village Circle (JVC): prices, sales and rents →

308, Aces Chateau in numbers

  • Sold twice: first on 3 December 2014 for AED 1,822,023, last on 24 August 2022 for AED 1,050,000 (AED 526 per sqft).
  • Rented since November 2019 on 2 Ejari contracts, from AED 80,000 to AED 76,000 a year.
  • At AED 76,000 a year the gross yield on the 2022 price is 7.2%, before a service charge of about AED 28,700 a year (AED 14.41 per sqft).
  • Three-beds in Aces Chateau sold for AED 1,475,000–1,475,000 in the 12 months to November 2026; the building's median across all types is AED 836 per sqft.

Source: Dubai Land Department. Updated 24 August 2022.

Questions about 308, Aces Chateau

What did unit 308 last sell for?

AED 1,050,000 on 24 August 2022: AED 526 per sqft for 1,993 sqft. The unit has 2 registered sales; the first was AED 1,822,023 in December 2014.

What is the rent for unit 308?

AED 76,000 a year on the contract signed on 15 November 2020. The previous contract, from November 2019, was AED 80,000.

How big is unit 308?

1,993 sqft (185.2 sqm): a three-bedroom apartment of a 4-storey tower completed in 2019.

What is unit 308 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Aces Chateau sold for AED 1,475,000 to 1,475,000 in the last 12 months, around AED 859 per sqft.

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Mortgage on 308, Aces Chateau

Starts from the last sale price (AED 1.05M, 24 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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