Studio · 483 sqftBeverly Residence, Jumeirah Village Circle (JVC) · 2nd floor · completed 2021

242, Beverly Residence

Sold prices and rental history: sold once, by the developer in July 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 242 · DLD and Ejari recordsUpdated 29 July 2022
Last soldAED 550K29 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 242, Beverly Residence

What is 242 worth today?

Last sold for AED 550,000 in 2022

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29 Jul 2022Sold by developerReady
AED 550,000AED 1,137 per sqft

Source: Dubai Land Department. Updated 29 July 2022.

Key facts

Type
Studio apartment
Size
483 sqft
Floor
2nd of 4
Parking
B-108
Developer
HMB Homes Real Estate Development
Completed
2021
Service charge
AED 7,900 /yr
Last sold
AED 550K · July 2022

About 242, Beverly Residence

242 is a studio of 483 sqft on the 2nd floor of Beverly Residence, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2021 by HMB Homes Real Estate Development. The developer sold it on 29 July 2022 for AED 550,000, or AED 1,137 per sqft, 7% above the AED 1,065 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 242 over time

Sales
Unit 242, each saleTypical studio in Beverly Residence
400K600K20192021202320252027Typical sale price by year: 2019 AED 430,000; 2020 AED 438,369; 2021 AED 415,000; 2022 AED 499,000; 2023 AED 555,000; 2024 AED 645,000; 2025 AED 680,000; 2026 AED 675,000Sold by developer, July 2022: AED 550,000 (AED 1,137 per sqft)

242 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 242, each contractTypical studio in Beverly Residence
40K60K2021202320252027Typical rent by year: 2021 AED 35,000; 2022 AED 42,500; 2023 AED 54,000; 2024 AED 57,000; 2025 AED 58,000; 2026 AED 50,000

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

Studios in Beverly Residence, and where 242 sits

All 119 studios →

242 last sold in July 2022 at AED 1,137 per sqft, 7% above what studios in Beverly Residence were fetching at the time (AED 1,065). Over the last 12 months studios sold for AED 360,000 to 715,000, around AED 1,659 per sqft, and rent for AED 32,000 to 80,000 a year.

Recent studio salesUnit no.Price (AED)Summary
21 Sep 2026360,000
31 Aug 2026675
9 Jun 2026590,000
7 May 2026690,000
11 studio sales in the last 12 months

Beverly Residence

Building

195 apartments, studios to 3-bed over 4 floors in Jumeirah Village Circle (JVC), completed in 2021 by HMB Homes Real Estate Development. 18 sold in the last 12 months.

Typical price per sqft
AED 1,515 Up 6.1%
Typical sale
AED 708K
Typical rent
AED 66K /yr
Typical yield
7.1%
Beverly Residence, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 2nd floor

All 195 units in Beverly Residence
Value
2011-bedAED 650K · Aug 2020
2021-bedAED 950K · Oct 2025
2031-bedAED 600K · Apr 2021
2041-bedAED 850K · Mar 2023
2051-bedAED 750K · Jun 2019
2061-bedAED 707K · Jul 2021
2071-bedAED 705K · May 2019
1–7 of 47

242, Beverly Residence in numbers

  • Sold once: by HMB Homes Real Estate Development on 29 July 2022 for AED 550,000, or AED 1,137 per sqft.
  • Studios in Beverly Residence sold for AED 360,000–715,000 in the 12 months to November 2026; the building's median across all types is AED 1,515 per sqft.

Source: Dubai Land Department. Updated 29 July 2022.

Questions about 242, Beverly Residence

What did unit 242 last sell for?

AED 550,000 on 29 July 2022, sold by the developer: AED 1,137 per sqft for 483 sqft. It is the only registered sale of the unit.

How big is unit 242?

483 sqft (44.9 sqm): a studio on the 2nd floor of a 4-storey tower completed in 2021.

What is unit 242 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Beverly Residence sold for AED 360,000 to 715,000 in the last 12 months, around AED 1,659 per sqft.

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Mortgage on 242, Beverly Residence

Starts from the last sale price (AED 550K, 29 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 550,000
Deposit, UAE resident (20%)
AED 110,000
Deposit, non-resident (40%)
AED 220,000
Monthly over 25 years at 3.7%
AED 2,250

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