2016, Chaimaa Avenue 2
Sold prices and rental history: sold twice, last in July 2023, and rented once, from February 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2016, Chaimaa Avenue 2
What is 2016 worth today?
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Source: Dubai Land Department. Updated 7 February 2026.
Key facts
- Type
- Studio apartment
- Size
- 510 sqft
- Floor
- 2nd of 5
- Parking
- B-28
- Developer
- Deval Real Estate Development
- Completed
- 2022
- Last sold
- AED 610K · July 2023
- Building
- Chaimaa Avenue 2
About 2016, Chaimaa Avenue 2
2016 is a studio of 510 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 . It last sold on 12 July 2023 for AED 610,000, or AED 1,196 per sqft, 46% above the AED 818 studios in the building were fetching at the time.
One Ejari contract is registered, from 7 February 2026. The current contract, signed on 7 February 2026, is AED 55,000 a year: a gross yield of 9.0% on the 2023 price.
Sales and rents for 2016 over time
2016 has sold twice; 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 2016 sits
All 18 studios →2016 last sold in July 2023 at AED 1,196 per sqft, 46% above what studios in Chaimaa Avenue 2 were fetching at the time (AED 818). 2016's AED 55,000 is in the lower 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 | |||||
|---|---|---|---|---|---|
| 2001 | Studio | 570 sqft | AED 459KAED 459,000 · Apr 2023April 2023 | 62,000 /yr | |
| 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 | |
| 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 |
2016, Chaimaa Avenue 2 in numbers
- Sold twice: first on 24 January 2022 for AED 484,659, last on 12 July 2023 for AED 610,000 (AED 1,196 per sqft).
- Rented since February 2026 on one Ejari contract, at AED 55,000 a year.
- At AED 55,000 a year the gross yield on the 2023 price is 9.0%.
Source: Dubai Land Department. Updated 7 February 2026.
Questions about 2016, Chaimaa Avenue 2
What did unit 2016 last sell for?
AED 610,000 on 12 July 2023: AED 1,196 per sqft for 510 sqft. The unit has 2 registered sales; the first was AED 484,659 in January 2022.
What is the rent for unit 2016?
AED 55,000 a year on the contract signed on 7 February 2026.
How big is unit 2016?
510 sqft (47.4 sqm): a studio on the 2nd floor of a 5-storey tower completed in 2022.
What is unit 2016 worth today?
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Mortgage on 2016, Chaimaa Avenue 2
Starts from the last sale price (AED 610K, 12 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 610,000
- Deposit, UAE resident (20%)
- AED 122,000
- Deposit, non-resident (40%)
- AED 244,000
- Monthly over 25 years at 3.7%
- AED 2,496
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →