Studio · 505 sqftChaimaa Avenue 2, Jumeirah Village Circle (JVC) · 5th floor · completed 2022

5007, Chaimaa Avenue 2

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

Unit 5007 · DLD and Ejari recordsUpdated 31 October 2026
Last soldAED 565K17 January 2023
Current rentAED 50K /yr31 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5007, Chaimaa Avenue 2

What is 5007 worth today?

Last sold for AED 565,000 in 2023

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31 Oct 2026RentedNew contract
AED 50,000/yr12 months · AED 98 per sqft
1 May 2024RentedNew contract
AED 67,000/yr12 months · AED 132 per sqft
15 Apr 2023RentedNew contract
AED 57,000/yr12 months · AED 112 per sqft
17 Jan 2023SoldOff-plan
AED 565,000AED 1,117 per sqft
28 Jan 2022Sold by developerOff-plan
AED 450,000AED 890 per sqft

Source: Dubai Land Department. Updated 31 October 2026.

Key facts

Type
Studio apartment
Size
505 sqft
Floor
5th of 5
Parking
B-78
Developer
Deval Real Estate Development
Completed
2022
Last sold
AED 565K · January 2023

About 5007, Chaimaa Avenue 2

5007 is a studio of 505 sqft on the 5th 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 17 January 2023 for AED 565,000, or AED 1,117 per sqft, 17% above the AED 956 studios in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 31 October 2026, is AED 50,000 a year: a gross yield of 8.8% on the 2023 price.

Sales and rents for 5007 over time

Sales
Unit 5007, each saleTypical studio in Chaimaa Avenue 2
500K600K2021202220232024Typical sale price by year: 2021 AED 484,659; 2022 AED 490,000; 2023 AED 587,500Sold by developer, January 2022: AED 450,000 (AED 890 per sqft)Sold, January 2023: AED 565,000 (AED 1,117 per sqft)

5007 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 5007, each contractTypical studio in Chaimaa Avenue 2
50K60K70K202320252027Typical rent by year: 2023 AED 56,400; 2024 AED 56,075; 2025 AED 55,000; 2026 AED 55,000New contract, April 2023: AED 57,000 a yearNew contract, May 2024: AED 67,000 a yearNew contract, October 2026: AED 50,000 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 5007 sits

All 18 studios →

5007 last sold in January 2023 at AED 1,117 per sqft, 17% above what studios in Chaimaa Avenue 2 were fetching at the time (AED 956). 5007's AED 50,000 is in the lower 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 5th floor

All 91 units in Chaimaa Avenue 2
Value
5001StudioAED 545K · Jan 2022
50022-bedAED 1.5M · Nov 2023
50032-bedAED 1.33M · Apr 2023
50042-bedAED 920K · Jan 2022
50052-bedAED 1.01M · Dec 2021
50061-bedAED 779K · Jan 2022
50081-bedAED 1.08M · Dec 2024
1–7 of 15

5007, Chaimaa Avenue 2 in numbers

  • Sold twice: first on 28 January 2022 for AED 450,000, last on 17 January 2023 for AED 565,000 (AED 1,117 per sqft).
  • Rented since April 2023 on 3 Ejari contracts, from AED 57,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2023 price is 8.8%.

Source: Dubai Land Department. Updated 31 October 2026.

Questions about 5007, Chaimaa Avenue 2

What did unit 5007 last sell for?

AED 565,000 on 17 January 2023: AED 1,117 per sqft for 505 sqft. The unit has 2 registered sales; the first was AED 450,000 in January 2022.

What is the rent for unit 5007?

AED 50,000 a year on the contract signed on 31 October 2026. The previous contract, from May 2024, was AED 67,000; the unit has been rented since April 2023.

How big is unit 5007?

505 sqft (46.9 sqm): a studio on the 5th floor of a 5-storey tower completed in 2022.

What is unit 5007 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 5007, Chaimaa Avenue 2

Starts from the last sale price (AED 565K, 17 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 565,000
Deposit, UAE resident (20%)
AED 113,000
Deposit, non-resident (40%)
AED 226,000
Monthly over 25 years at 3.7%
AED 2,312

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