2-bed · 1,183 sqftAKA Residence, Jumeirah Village Circle (JVC) · 16th floor · completed 2019

1602, AKA Residence

Sold prices and rental history: sold once, by the developer in July 2025, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1602 · DLD and Ejari recordsUpdated 15 May 2026
Last soldAED 775K21 July 2025
Current rentAED 85K /yr15 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1602, AKA Residence

What is 1602 worth today?

Last sold for AED 774,518 in 2025

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15 May 2026RentedNew contract
AED 84,500/yr12 months · AED 71 per sqft
21 Jul 2025Sold by developerReady
AED 774,518AED 654 per sqft
2 May 2025RentedRenewal
AED 73,316/yr12 months · AED 62 per sqft
2 May 2024RentedNew contract
AED 69,825/yr12 months · AED 59 per sqft
2 May 2023RentedNew contract
AED 66,500/yr12 months · AED 56 per sqft
2 May 2022RentedNew contract
AED 64,000/yr12 months · AED 54 per sqft
10 Apr 2021RentedNew contract
AED 55,000/yr12 months · AED 46 per sqft
4 Nov 2019RentedNew contract
AED 70,000/yr12 months · AED 59 per sqft

Source: Dubai Land Department. Updated 15 May 2026.

Key facts

Type
2-bed apartment
Size
1,183 sqft
Floor
16th of 21
Parking
B-8
Developer
AKA International
Completed
2019
Last sold
AED 775K · July 2025

About 1602, AKA Residence

1602 is a two-bedroom apartment of 1,183 sqft on the 16th floor of AKA Residence, a 21-storey tower in Jumeirah Village Circle (JVC) completed in 2019 by AKA International. The developer sold it on 21 July 2025 for AED 774,518, or AED 654 per sqft, in line with the AED 655 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, signed on 15 May 2026, is AED 84,500 a year: a gross yield of 10.9% on the 2025 price.

Sales and rents for 1602 over time

Rents
Unit 1602, each contractTypical two-bed in AKA Residence
60K80K100K20192021202320252027Typical rent by year: 2019 AED 70,000; 2020 AED 65,000; 2021 AED 60,000; 2022 AED 64,000; 2023 AED 67,000; 2024 AED 74,910; 2025 AED 95,000; 2026 AED 95,000New contract, November 2019: AED 70,000 a yearNew contract, April 2021: AED 55,000 a yearNew contract, May 2022: AED 64,000 a yearNew contract, May 2023: AED 66,500 a yearNew contract, May 2024: AED 69,825 a yearRenewal, May 2025: AED 73,316 a yearNew contract, May 2026: AED 84,500 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in AKA Residence, and where 1602 sits

All 11 2-beds →

1602 last sold in July 2025 at AED 654 per sqft, in line with what two-beds in AKA Residence were fetching at the time (AED 655). 1602's AED 84,500 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
23 Jul 2025773,840
21 Jul 20251,019,326
21 Jul 20251,018,024
21 Jul 2025780,203
0 2-bed sales in the last 12 months

AKA Residence

Building

210 apartments, studios to 3-bed over 21 floors in Jumeirah Village Circle (JVC), completed in 2019 by AKA International. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 63K /yr
Typical yield
AKA Residence, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 16th floor

All 210 units in AKA Residence
Value
16011-bedAED 540K · Jul 2025
1603StudioAED 339K · Jul 2025
16041-bedAED 512K · Jul 2025
16051-bedAED 516K · Jul 2025
16061-bedAED 749K · Jul 2025
16071-bedAED 638K · Jul 2025
16081-bedAED 585K · Jul 2025
1–7 of 9

1602, AKA Residence in numbers

  • Sold once: by AKA International on 21 July 2025 for AED 774,518, or AED 654 per sqft.
  • Rented since November 2019 on 7 Ejari contracts. The rent fell from AED 70,000 to AED 55,000 in 2021 and recovered to AED 84,500 by May 2026.
  • At AED 84,500 a year the gross yield on the 2025 price is 10.9%.

Source: Dubai Land Department. Updated 15 May 2026.

Questions about 1602, AKA Residence

What did unit 1602 last sell for?

AED 774,518 on 21 July 2025, sold by the developer: AED 654 per sqft for 1,183 sqft. It is the only registered sale of the unit.

What is the rent for unit 1602?

AED 84,500 a year on the contract signed on 15 May 2026. The previous contract, from May 2025, was AED 73,316; the unit has been rented since November 2019.

How big is unit 1602?

1,183 sqft (109.9 sqm): a two-bedroom apartment on the 16th floor of a 21-storey tower completed in 2019.

What is unit 1602 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 1602, AKA Residence

Starts from the last sale price (AED 775K, 21 July 2025). Switch to today's estimate once you have unlocked it.
Price
AED 774,518
Deposit, UAE resident (20%)
AED 154,904
Deposit, non-resident (40%)
AED 309,807
Monthly over 25 years at 3.7%
AED 3,169

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