5012, Chaimaa Avenue 2
Sold prices and rental history: sold twice, last in September 2023, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5012, Chaimaa Avenue 2
What is 5012 worth today?
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Source: Dubai Land Department. Updated 1 November 2025.
Key facts
- Type
- Studio apartment
- Size
- 509 sqft
- Floor
- 5th of 5
- Parking
- B-73
- Developer
- Deval Real Estate Development
- Completed
- 2022
- Last sold
- AED 620K · September 2023
- Building
- Chaimaa Avenue 2
About 5012, Chaimaa Avenue 2
5012 is a studio of 509 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 9 September 2023 for AED 620,000, or AED 1,218 per sqft, 17% above the AED 1,044 studios in the building were fetching at the time.
It has been rented continuously since 2024 on 5 Ejari contracts. The current contract, signed on 1 November 2025, is AED 58,000 a year: a gross yield of 9.3% on the 2023 price.
Sales and rents for 5012 over time
5012 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 5012 sits
All 18 studios →5012 last sold in September 2023 at AED 1,218 per sqft, 17% above what studios in Chaimaa Avenue 2 were fetching at the time (AED 1,044). 5012's AED 58,000 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 5th floor
All 91 units in Chaimaa Avenue 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5001 | Studio | 570 sqft | AED 545KAED 545,370 · Jan 2022January 2022 | 43,000 /yr | |
| 5002 | 2-bed | 1,238 sqft | AED 1.5MAED 1,500,000 · Nov 2023November 2023 | 120,000 /yr | |
| 5003 | 2-bed | 1,237 sqft | AED 1.33MAED 1,330,000 · Apr 2023April 2023 | ||
| 5004 | 2-bed | 1,107 sqft | AED 920KAED 920,000 · Jan 2022January 2022 | 115,000 /yr | |
| 5005 | 2-bed | 1,033 sqft | AED 1.01MAED 1,012,830 · Dec 2021December 2021 | 110,000 /yr | |
| 5006 | 1-bed | 760 sqft | AED 779KAED 779,100 · Jan 2022January 2022 | 88,000 /yr | |
| 5007 | Studio | 505 sqft | AED 565KAED 565,000 · Jan 2023January 2023 | 50,000 /yr | |
| 5008 | 1-bed | 759 sqft | AED 1.08MAED 1,080,000 · Dec 2024December 2024 | 70,000 /yr | |
| 5009 | Studio | 462 sqft | AED 640KAED 640,000 · Jan 2025January 2025 | 53,000 /yr | |
| 5010 | Studio | 461 sqft | AED 645KAED 645,000 · May 2024May 2024 | 55,000 /yr | |
| 5011 | 1-bed | 758 sqft | AED 1.04MAED 1,035,000 · Oct 2024October 2024 | 83,000 /yr | |
| 5013 | 1-bed | 550 sqft | AED 555KAED 554,809 · Jan 2022January 2022 | 75,000 /yr | |
| 5014 | 1-bed | 671 sqft | AED 696KAED 695,625 · Nov 2021November 2021 | 72,000 /yr | |
| 5015 | 1-bed | 824 sqft | AED 772KAED 771,891 · Jun 2022June 2022 | 84,000 /yr | |
| 5016 | 1-bed | 794 sqft | AED 710KAED 710,000 · Jan 2022January 2022 | 80,000 /yr |
5012, Chaimaa Avenue 2 in numbers
- Sold twice: first on 8 June 2022 for AED 517,545, last on 9 September 2023 for AED 620,000 (AED 1,218 per sqft).
- Rented since September 2024 on 5 Ejari contracts, from AED 55,000 to AED 58,000 a year.
- At AED 58,000 a year the gross yield on the 2023 price is 9.3%.
Source: Dubai Land Department. Updated 1 November 2025.
Questions about 5012, Chaimaa Avenue 2
What did unit 5012 last sell for?
AED 620,000 on 9 September 2023: AED 1,218 per sqft for 509 sqft. The unit has 2 registered sales; the first was AED 517,545 in June 2022.
What is the rent for unit 5012?
AED 58,000 a year on the contract signed on 1 November 2025. The previous contract, from October 2025, was AED 58,000; the unit has been rented since September 2024.
How big is unit 5012?
509 sqft (47.3 sqm): a studio on the 5th floor of a 5-storey tower completed in 2022.
What is unit 5012 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 5012, Chaimaa Avenue 2
Starts from the last sale price (AED 620K, 9 September 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 620,000
- Deposit, UAE resident (20%)
- AED 124,000
- Deposit, non-resident (40%)
- AED 248,000
- Monthly over 25 years at 3.7%
- AED 2,537
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →