Studio · 270 sqftAvalon Tower, Jumeirah Village Circle (JVC) · 5th floor · completed 2020

501, Avalon Tower

Sold prices and rental history: sold 3 times, last in October 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 28 October 2024
Last soldAED 870K28 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Avalon Tower

What is 501 worth today?

Last sold for AED 870,000 in 2024

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28 Oct 2024SoldReady
AED 870,000AED 3,226 per sqft
28 Aug 2023SoldReady
AED 887,679AED 3,292 per sqft
27 Sep 2018Sold by developerOff-plan
AED 785,500AED 2,913 per sqft

Source: Dubai Land Department. Updated 28 October 2024.

Key facts

Type
Studio hotel apartment
Size
270 sqft
Floor
5th of 16
Parking
EU
Developer
TFG Real Estate
Completed
2020
Service charge
AED 3,500 /yr
Last sold
AED 870K · October 2024
Building
Avalon Tower

About 501, Avalon Tower

501 is a studio of 270 sqft on the 5th floor of Avalon Tower, a 16-storey tower in Jumeirah Village Circle (JVC) completed in 2020 by TFG Real Estate. It last sold on 28 October 2024 for AED 870,000, or AED 3,226 per sqft, 7% below the AED 3,460 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical studio in Avalon Tower
800K900K2017202020232026Typical sale price by year: 2017 AED 735,500; 2018 AED 784,350; 2019 AED 799,500; 2020 AED 790,000; 2021 AED 799,500; 2022 AED 799,500; 2023 AED 912,684; 2024 AED 875,000; 2025 AED 862,000; 2026 AED 850,000Sold by developer, September 2018: AED 785,500 (AED 2,913 per sqft)Sold, August 2023: AED 887,679 (AED 3,292 per sqft)Sold, October 2024: AED 870,000 (AED 3,226 per sqft)

501 has sold 3 times; the dashed line is the studio median of each year in the building.

Studios in Avalon Tower, and where 501 sits

All 348 studios →

501 last sold in October 2024 at AED 3,226 per sqft, 7% below what studios in Avalon Tower were fetching at the time (AED 3,460). Over the last 12 months studios sold for AED 635,127 to 1,050,000, around AED 3,302 per sqft.

Recent studio salesUnit no.Price (AED)Summary
13 Oct 20261,050,000
8 Oct 2026780,000
21 Sep 2026850,000
12 Aug 2026792,000
22 studio sales in the last 12 months

Avalon Tower

Building

348 apartments, studios over 16 floors in Jumeirah Village Circle (JVC), completed in 2020 by TFG Real Estate. 22 sold in the last 12 months.

Typical price per sqft
AED 3,302 Down 1.3%
Typical sale
AED 850K
Typical rent
Few contracts
Typical yield
Avalon Tower, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 5th floor

All 348 units in Avalon Tower
Value
502StudioAED 802K · Dec 2024
503StudioAED 736K · Feb 2021
504StudioAED 899K · Mar 2022
505StudioAED 735K · Mar 2018
506StudioAED 932K · Mar 2023
507StudioAED 861K · Apr 2024
508StudioAED 800K · Feb 2022
1–7 of 23

501, Avalon Tower in numbers

  • Sold 3 times: first on 27 September 2018 for AED 785,500, last on 28 October 2024 for AED 870,000 (AED 3,226 per sqft).
  • Studios in Avalon Tower sold for AED 635,127–1,050,000 in the 12 months to November 2026; the building's median across all types is AED 3,302 per sqft.

Source: Dubai Land Department. Updated 28 October 2024.

Questions about 501, Avalon Tower

What did unit 501 last sell for?

AED 870,000 on 28 October 2024: AED 3,226 per sqft for 270 sqft. The unit has 3 registered sales; the first was AED 785,500 in September 2018.

How big is unit 501?

270 sqft (25.1 sqm): a studio on the 5th floor of a 16-storey tower completed in 2020.

What is unit 501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Avalon Tower sold for AED 635,127 to 1,050,000 in the last 12 months, around AED 3,302 per sqft.

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Mortgage on 501, Avalon Tower

Starts from the last sale price (AED 870K, 28 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 870,000
Deposit, UAE resident (20%)
AED 174,000
Deposit, non-resident (40%)
AED 348,000
Monthly over 25 years at 3.7%
AED 3,559

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