Studio · 770 sqftChaimaa Avenue 2, Jumeirah Village Circle (JVC) · 4th floor · completed 2022

4012, Chaimaa Avenue 2

Sold prices and rental history: sold twice, last in April 2023, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4012 · DLD and Ejari recordsUpdated 21 August 2026
Last soldAED 630K27 April 2023
Current rentAED 73K /yr21 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4012, Chaimaa Avenue 2

What is 4012 worth today?

Last sold for AED 630,000 in 2023

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21 Aug 2026RentedNew contract
AED 73,000/yr12 months · AED 95 per sqft
10 Jun 2026RentedRenewal
AED 51,198/yr11 months · AED 67 per sqft
1 May 2026RentedNew contract
AED 69,040/yr3 months · AED 90 per sqft
10 Jun 2025RentedRenewal
AED 48,825/yr12 months · AED 64 per sqft
10 Jun 2024RentedRenewal
AED 56,075/yr11 months · AED 72 per sqft
10 Jun 2024RentedRenewal
AED 65,000/yr12 months · AED 85 per sqft
10 Jun 2024RentedRenewal
AED 56,075/yr11 months · AED 72 per sqft
10 Jun 2023RentedNew contract
AED 65,000/yr12 months · AED 84 per sqft

Source: Dubai Land Department. Updated 21 August 2026.

Key facts

Type
Studio apartment
Size
770 sqft
Floor
4th of 5
Parking
G-04
Developer
Deval Real Estate Development
Completed
2022
Last sold
AED 630K · April 2023

About 4012, Chaimaa Avenue 2

4012 is a studio of 770 sqft on the 4th 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 27 April 2023 for AED 630,000, or AED 818 per sqft, in line with the AED 818 studios in the building were fetching at the time.

It has been rented continuously since 2023 on 8 Ejari contracts. The current contract, signed on 21 August 2026, is AED 73,000 a year: a gross yield of 11.6% on the 2023 price.

Sales and rents for 4012 over time

Sales
Unit 4012, each saleTypical studio in Chaimaa Avenue 2
400K600K2021202220232024Typical sale price by year: 2021 AED 484,659; 2022 AED 490,000; 2023 AED 587,500Sold, April 2023: AED 630,000 (AED 818 per sqft)Sold by developer, April 2023: AED 400,000 (AED 519 per sqft)

4012 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 4012, each contractTypical studio in Chaimaa Avenue 2
60K202320252027Typical rent by year: 2023 AED 56,400; 2024 AED 56,075; 2025 AED 55,000; 2026 AED 55,000New contract, June 2023: AED 65,000 a yearRenewal, June 2024: AED 56,075 a yearRenewal, June 2024: AED 65,000 a yearRenewal, June 2024: AED 56,075 a yearRenewal, June 2025: AED 48,825 a yearNew contract, May 2026: AED 69,040 a yearRenewal, June 2026: AED 51,198 a yearNew contract, August 2026: AED 73,000 a year

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 4012 sits

All 18 studios →

4012 last sold in April 2023 at AED 818 per sqft, in line with what studios in Chaimaa Avenue 2 were fetching at the time (AED 818). 4012's AED 73,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
10 Jan 2025640,000
20 Nov 2024660,000
14 May 2024645,000
1 Dec 2023640,000
0 studio sales in the last 12 months

Chaimaa Avenue 2

Building

91 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%
Chaimaa Avenue 2, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 4th floor

All 91 units in Chaimaa Avenue 2
Value
4001StudioAED 510K · Jan 2022
40022-bedAED 1.43M · Mar 2023
40032-bedAED 1.4M · Mar 2023
40042-bedAED 1.3M · May 2023
40052-bedAED 1.58M · Jun 2026
40061-bedAED 1.03M · Jun 2023
4007StudioAED 570K · Mar 2023
1–7 of 15

4012, Chaimaa Avenue 2 in numbers

  • Sold twice: first on 10 April 2023 for AED 400,000, last on 27 April 2023 for AED 630,000 (AED 818 per sqft).
  • Rented since June 2023 on 8 Ejari contracts. The rent fell from AED 65,000 to AED 48,825 in 2025 and recovered to AED 73,000 by August 2026.
  • At AED 73,000 a year the gross yield on the 2023 price is 11.6%.

Source: Dubai Land Department. Updated 21 August 2026.

Questions about 4012, Chaimaa Avenue 2

What did unit 4012 last sell for?

AED 630,000 on 27 April 2023: AED 818 per sqft for 770 sqft. The unit has 2 registered sales; the first was AED 400,000 in April 2023.

What is the rent for unit 4012?

AED 73,000 a year on the contract signed on 21 August 2026. The previous contract, from June 2026, was AED 51,198; the unit has been rented since June 2023.

How big is unit 4012?

770 sqft (71.5 sqm): a studio on the 4th floor of a 5-storey tower completed in 2022.

What is unit 4012 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 4012, Chaimaa Avenue 2

Starts from the last sale price (AED 630K, 27 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 630,000
Deposit, UAE resident (20%)
AED 126,000
Deposit, non-resident (40%)
AED 252,000
Monthly over 25 years at 3.7%
AED 2,578

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