1-bed · 671 sqftChaimaa Avenue 2, Jumeirah Village Circle (JVC) · 5th floor · completed 2022

5014, Chaimaa Avenue 2

Sold prices and rental history: sold once, by the developer in November 2021, and rented once, from April 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5014 · DLD and Ejari recordsUpdated 7 April 2023
Last soldAED 696K30 November 2021
Current rentAED 72K /yr7 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5014, Chaimaa Avenue 2

What is 5014 worth today?

Last sold for AED 695,625 in 2021

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7 Apr 2023RentedNew contract
AED 72,000/yr12 months · AED 106 per sqft
30 Nov 2021Sold by developerOff-plan
AED 695,625AED 1,037 per sqft

Source: Dubai Land Department. Updated 7 April 2023.

Key facts

Type
1-bed apartment
Size
671 sqft
Floor
5th of 5
Parking
1
Developer
Deval Real Estate Development
Completed
2022
Last sold
AED 696K · November 2021

About 5014, Chaimaa Avenue 2

5014 is a one-bedroom apartment of 671 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 . The developer sold it on 30 November 2021 for AED 695,625, or AED 1,037 per sqft.

One Ejari contract is registered, from 7 April 2023. The current contract, signed on 7 April 2023, is AED 72,000 a year: a gross yield of 10.3% on the 2021 price.

Sales and rents for 5014 over time

Sales
Unit 5014, each saleTypical one-bed in Chaimaa Avenue 2
800K1M2021202320252027Typical sale price by year: 2021 AED 755,580; 2022 AED 769,090; 2023 AED 910,000; 2024 AED 1,035,000; 2025 AED 1,050,000; 2026 AED 1,005,000Sold by developer, November 2021: AED 695,625 (AED 1,037 per sqft)

5014 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 5014, each contractTypical one-bed in Chaimaa Avenue 2
75K80K20232024202520262027Typical rent by year: 2023 AED 77,000; 2024 AED 80,000; 2025 AED 80,000; 2026 AED 74,500New contract, April 2023: AED 72,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Chaimaa Avenue 2, and where 5014 sits

All 53 1-beds →

Over the last 12 months one-beds sold for AED 900,000 to 1,200,000, around AED 1,075 per sqft, and rent for AED 58,000 to 95,000 a year. 5014's AED 72,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
14 Sep 20261,100,000
2 Jul 2026900,000
13 Jan 20261,005,000
15 Dec 20251,200,000
5 1-bed 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
5007StudioAED 565K · Jan 2023
1–7 of 15

5014, Chaimaa Avenue 2 in numbers

  • Sold once: by Deval Real Estate Development on 30 November 2021 for AED 695,625, or AED 1,037 per sqft.
  • Rented since April 2023 on one Ejari contract, at AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2021 price is 10.3%.
  • One-beds in Chaimaa Avenue 2 sold for AED 900,000–1,200,000 in the 12 months to November 2026; the building's median across all types is AED 1,071 per sqft.

Source: Dubai Land Department. Updated 7 April 2023.

Questions about 5014, Chaimaa Avenue 2

What did unit 5014 last sell for?

AED 695,625 on 30 November 2021, sold by the developer: AED 1,037 per sqft for 671 sqft. It is the only registered sale of the unit.

What is the rent for unit 5014?

AED 72,000 a year on the contract signed on 7 April 2023.

How big is unit 5014?

671 sqft (62.3 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2022.

What is unit 5014 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Chaimaa Avenue 2 sold for AED 900,000 to 1,200,000 in the last 12 months, around AED 1,075 per sqft.

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Mortgage on 5014, Chaimaa Avenue 2

Starts from the last sale price (AED 696K, 30 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 695,625
Deposit, UAE resident (20%)
AED 139,125
Deposit, non-resident (40%)
AED 278,250
Monthly over 25 years at 3.7%
AED 2,846

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