2001, Chaimaa Avenue 2
Sold prices and rental history: sold once, by the developer in April 2023, and rented once, from April 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2001, Chaimaa Avenue 2
What is 2001 worth today?
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Source: Dubai Land Department. Updated 25 April 2023.
Key facts
- Type
- Studio apartment
- Size
- 570 sqft
- Floor
- 2nd of 5
- Parking
- B-82
- Developer
- Deval Real Estate Development
- Completed
- 2022
- Last sold
- AED 459K · April 2023
- Building
- Chaimaa Avenue 2
About 2001, Chaimaa Avenue 2
2001 is a studio of 570 sqft on the 2nd floor of Chaimaa Avenue 2, a 5-storey tower in Jumeirah Village Circle (JVC) completed in 2022 by Deval Real Estate Development . The developer sold it on 25 April 2023 for AED 459,000, or AED 805 per sqft, 12% below the AED 914 studios in the building were fetching at the time.
One Ejari contract is registered, from 25 April 2023. The current contract, signed on 25 April 2023, is AED 62,000 a year: a gross yield of 13.5% on the 2023 price.
Sales and rents for 2001 over time
2001 has sold once; 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 Chaimaa Avenue 2, and where 2001 sits
All 18 studios →2001 last sold in April 2023 at AED 805 per sqft, 12% below what studios in Chaimaa Avenue 2 were fetching at the time (AED 914). 2001's AED 62,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Jan 202510 January 2025 | 462 sqft | 640,000 | 1,384 | ||
| 20 Nov 202420 November 2024 | 461 sqft | 660,000 | 1,431 | ||
| 14 May 202414 May 2024 | 461 sqft | 645,000 | 1,397 | ||
| 1 Dec 20231 December 2023 | 462 sqft | 640,000 | 1,384 |
Chaimaa Avenue 2
Building91 apartments, studios to 3-bed over 5 floors in Jumeirah Village Circle (JVC), completed in 2022 by Deval Real Estate Development . 6 sold in the last 12 months.
- Typical price per sqft
- AED 1,071
- Typical sale
- AED 1.08M
- Typical rent
- AED 74K /yr
- Typical yield
- 8.6%
Other units on the 2nd floor
All 91 units in Chaimaa Avenue 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2002 | 2-bed | 1,233 sqft | AED 1.12MAED 1,122,000 · Jul 2022July 2022 | ||
| 2003 | 2-bed | 1,232 sqft | AED 1.07MAED 1,070,000 · Jan 2022January 2022 | 115,000 /yr | |
| 2004 | 2-bed | 1,109 sqft | AED 1.28MAED 1,280,000 · May 2023May 2023 | ||
| 2005 | 1-bed | 809 sqft | AED 796KAED 795,900 · May 2022May 2022 | 75,000 /yr | |
| 2006 | 1-bed | 803 sqft | AED 900KAED 900,000 · Jul 2026July 2026 | 75,000 /yr | |
| 2007 | 1-bed | 799 sqft | AED 772KAED 771,750 · Mar 2022March 2022 | 65,000 /yr | |
| 2008 | 1-bed | 803 sqft | AED 1.1MAED 1,100,000 · Aug 2024August 2024 | 106,107 /yr | |
| 2009 | 1-bed | 799 sqft | AED 756KAED 755,580 · Jan 2022January 2022 | 75,000 /yr | |
| 2010 | 1-bed | 800 sqft | AED 735KAED 735,000 · Jan 2022January 2022 | 65,000 /yr | |
| 2011 | 3-bed | 1,488 sqft | AED 1.31MAED 1,308,888 · Apr 2022April 2022 | 140,000 /yr | |
| 2012 | Studio | 461 sqft | AED 440KAED 440,000 · Dec 2021December 2021 | 41,000 /yr | |
| 2013 | 1-bed | 800 sqft | AED 756KAED 756,315 · Dec 2021December 2021 | 70,000 /yr | |
| 2014 | 1-bed | 799 sqft | AED 818KAED 818,055 · Jan 2022January 2022 | 72,775 /yr | |
| 2015 | 1-bed | 777 sqft | AED 796KAED 795,795 · Dec 2021December 2021 | 88,000 /yr | |
| 2016 | Studio | 510 sqft | AED 610KAED 610,000 · Jul 2023July 2023 | 55,000 /yr | |
| 2017 | 1-bed | 675 sqft | AED 730KAED 730,000 · Jul 2023July 2023 | ||
| 2018 | 1-bed | 824 sqft | AED 600KAED 600,000 · Feb 2022February 2022 | ||
| 2019 | 1-bed | 802 sqft | AED 950KAED 950,000 · Oct 2024October 2024 | 80,000 /yr |
2001, Chaimaa Avenue 2 in numbers
- Sold once: by Deval Real Estate Development on 25 April 2023 for AED 459,000, or AED 805 per sqft.
- Rented since April 2023 on one Ejari contract, at AED 62,000 a year.
- At AED 62,000 a year the gross yield on the 2023 price is 13.5%.
Source: Dubai Land Department. Updated 25 April 2023.
Questions about 2001, Chaimaa Avenue 2
What did unit 2001 last sell for?
AED 459,000 on 25 April 2023, sold by the developer: AED 805 per sqft for 570 sqft. It is the only registered sale of the unit.
What is the rent for unit 2001?
AED 62,000 a year on the contract signed on 25 April 2023.
How big is unit 2001?
570 sqft (53.0 sqm): a studio on the 2nd floor of a 5-storey tower completed in 2022.
What is unit 2001 worth today?
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Mortgage on 2001, Chaimaa Avenue 2
Starts from the last sale price (AED 459K, 25 April 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 459,000
- Deposit, UAE resident (20%)
- AED 91,800
- Deposit, non-resident (40%)
- AED 183,600
- Monthly over 25 years at 3.7%
- AED 1,878
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →