5016, Chaimaa Avenue 2
Sold prices and rental history: sold once, by the developer in January 2022, and rented once, from May 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5016, Chaimaa Avenue 2
What is 5016 worth today?
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Source: Dubai Land Department. Updated 1 May 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 794 sqft
- Floor
- 5th of 5
- Parking
- 1
- Developer
- Deval Real Estate Development
- Completed
- 2022
- Last sold
- AED 710K · January 2022
- Building
- Chaimaa Avenue 2
About 5016, Chaimaa Avenue 2
5016 is a one-bedroom apartment of 794 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 28 January 2022 for AED 710,000, or AED 894 per sqft, 7% below the AED 965 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 May 2023. The current contract, signed on 1 May 2023, is AED 80,000 a year: a gross yield of 11.3% on the 2022 price.
Sales and rents for 5016 over time
5016 has sold once; the dashed line is the one-bed median of each year in the building.
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 5016 sits
All 53 1-beds →5016 last sold in January 2022 at AED 894 per sqft, 7% below what one-beds in Chaimaa Avenue 2 were fetching at the time (AED 965). 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. 5016's AED 80,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Sep 202614 September 2026 | 1,116 sqft | 1,100,000 | 985 | ||
| 2 Jul 20262 July 2026 | 803 sqft | 900,000 | 1,121 | ||
| 13 Jan 202613 January 2026 | 868 sqft | 1,005,000 | 1,158 | ||
| 15 Dec 202515 December 2025 | 1,116 sqft | 1,200,000 | 1,075 |
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 | |
| 5012 | Studio | 509 sqft | AED 620KAED 620,000 · Sep 2023September 2023 | 58,000 /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, Chaimaa Avenue 2 in numbers
- Sold once: by Deval Real Estate Development on 28 January 2022 for AED 710,000, or AED 894 per sqft.
- Rented since May 2023 on one Ejari contract, at AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2022 price is 11.3%.
- 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 1 May 2023.
Questions about 5016, Chaimaa Avenue 2
What did unit 5016 last sell for?
AED 710,000 on 28 January 2022, sold by the developer: AED 894 per sqft for 794 sqft. It is the only registered sale of the unit.
What is the rent for unit 5016?
AED 80,000 a year on the contract signed on 1 May 2023.
How big is unit 5016?
794 sqft (73.8 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2022.
What is unit 5016 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 5016, Chaimaa Avenue 2
Starts from the last sale price (AED 710K, 28 January 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 710,000
- Deposit, UAE resident (20%)
- AED 142,000
- Deposit, non-resident (40%)
- AED 284,000
- Monthly over 25 years at 3.7%
- AED 2,905
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →