Property timeline for G8, Aria
What is G8 worth today?
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Source: Dubai Land Department. Updated 24 May 2024.
Key facts
- Type
- Studio apartment
- Size
- 470 sqft
- Floor
- Ground of 4
- Parking
- B-44
- Developer
- Grovy Real Estate Development
- Completed
- 2021
- Service charge
- AED 6,800 /yr
- Last sold
- AED 800K · May 2024
- Building
- Aria
About G8, Aria
G8 is a studio of 470 sqft on the ground floor of Aria, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2021 by Grovy Real Estate Development . It last sold on 24 May 2024 for AED 800,000, or AED 1,700 per sqft, 24% above the AED 1,368 studios in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 23 May 2024, is AED 80,000 a year: a gross yield of 10.0% on the 2024 price, before the service charge of about AED 6,800 a year.
Sales and rents for G8 over time
G8 has sold 3 times; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Aria, and where G8 sits
All 29 studios →G8 last sold in May 2024 at AED 1,700 per sqft, 24% above what studios in Aria were fetching at the time (AED 1,368). Over the last 12 months studios sold for AED 760,000, around AED 1,733 per sqft, and rent for AED 44,000 to 72,000 a year. G8's AED 80,000 is at the top of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Feb 202616 February 2026 | 438 sqft | 760,000 | 1,733 | ||
| 11 Sep 202511 September 2025 | 382 sqft | 768,000 | 2,010 | ||
| 2 Jun 20252 June 2025 | 391 sqft | 740,000 | 1,892 | ||
| 23 Dec 202423 December 2024 | 438 sqft | 800,000 | 1,827 |
Aria
Building124 apartments, studios to 2-bed over 4 floors in Jumeirah Village Circle (JVC), completed in 2021 by Grovy Real Estate Development . 3 sold in the last 12 months.
- Typical price per sqft
- AED 1,253
- Typical sale
- AED 870K
- Typical rent
- AED 67K /yr
- Typical yield
- 7.8%
Other units on the ground floor
All 124 units in Aria| ValueToday's value | |||||
|---|---|---|---|---|---|
| G1 | Studio | 472 sqft | AED 765KAED 765,000 · Aug 2024August 2024 | 56,000 /yr | |
| G10 | Studio | 470 sqft | AED 452KAED 451,854 · Apr 2021April 2021 | ||
| G11 | Studio | 472 sqft | AED 433KAED 432,500 · Feb 2021February 2021 | 35,000 /yr | |
| G12 | 2-bed | 1,315 sqft | AED 1.07MAED 1,065,000 · Sep 2023September 2023 | ||
| G13 | Studio | 425 sqft | AED 425KAED 425,000 · Jan 2021January 2021 | 44,000 /yr | |
| G14 | Studio | 426 sqft | AED 418KAED 418,000 · Jan 2021January 2021 | ||
| G15 | Studio | 438 sqft | AED 760KAED 760,000 · Feb 2026February 2026 | ||
| G16 | Studio | 427 sqft | AED 510KAED 510,000 · Oct 2022October 2022 | 55,200 /yr | |
| G17 | Studio | 438 sqft | AED 437KAED 437,226 · Dec 2020December 2020 | ||
| G18 | Studio | 427 sqft | AED 418KAED 418,000 · Jan 2021January 2021 | 45,000 /yr | |
| G19 | Studio | 438 sqft | AED 800KAED 800,000 · Dec 2024December 2024 | 50,000 /yr | |
| G2 | Studio | 471 sqft | AED 445KAED 445,000 · Feb 2021February 2021 | 29,000 /yr | |
| G20 | Studio | 428 sqft | AED 730KAED 730,000 · Aug 2024August 2024 | 57,000 /yr | |
| G21 | Studio | 580 sqft | AED 563KAED 562,835 · Apr 2020April 2020 | ||
| G3 | Studio | 475 sqft | AED 445KAED 445,000 · Jan 2021January 2021 | 58,000 /yr | |
| G4 | Studio | 456 sqft | AED 453KAED 452,900 · Jan 2021January 2021 | 53,000 /yr | |
| G5 | Studio | 455 sqft | AED 650KAED 650,000 · Sep 2023September 2023 | ||
| G6 | Studio | 470 sqft | AED 479KAED 479,149 · Aug 2023August 2023 | 64,200 /yr | |
| G7 | Studio | 473 sqft | AED 445KAED 445,000 · Dec 2020December 2020 | ||
| G9 | Studio | 473 sqft | AED 454KAED 454,477 · Dec 2020December 2020 | 58,000 /yr |
G8, Aria in numbers
- Sold 3 times: first on 6 December 2020 for AED 460,000, last on 24 May 2024 for AED 800,000 (AED 1,700 per sqft).
- Rented since September 2021 on 3 Ejari contracts, from AED 42,000 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2024 price is 10.0%, before a service charge of about AED 6,800 a year (AED 14.36 per sqft).
- Studios in Aria sold for AED 760,000–760,000 in the 12 months to November 2026; the building's median across all types is AED 1,253 per sqft.
Source: Dubai Land Department. Updated 24 May 2024.
Questions about G8, Aria
What did unit G8 last sell for?
AED 800,000 on 24 May 2024: AED 1,700 per sqft for 470 sqft. The unit has 3 registered sales; the first was AED 460,000 in December 2020.
What is the rent for unit G8?
AED 80,000 a year on the contract signed on 23 May 2024. The previous contract, from November 2022, was AED 40,000; the unit has been rented since September 2021.
How big is unit G8?
470 sqft (43.7 sqm): a studio on the ground floor of a 4-storey tower completed in 2021.
What is unit G8 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Aria sold for AED 760,000 to 760,000 in the last 12 months, around AED 1,733 per sqft.
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Mortgage on G8, Aria
Starts from the last sale price (AED 800K, 24 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 800,000
- Deposit, UAE resident (20%)
- AED 160,000
- Deposit, non-resident (40%)
- AED 320,000
- Monthly over 25 years at 3.7%
- AED 3,273
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →