1011, Chaimaa Avenue
Sold prices and rental history: sold twice, last in July 2023, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1011, Chaimaa Avenue
What is 1011 worth today?
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Source: Dubai Land Department. Updated 12 July 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 785 sqft
- Parking
- B56
- Developer
- Deval Real Estate Development
- Completed
- 2020
- Service charge
- AED 12,300 /yr
- Last sold
- AED 835K · July 2023
- Building
- Chaimaa Avenue
About 1011, Chaimaa Avenue
1011 is a one-bedroom apartment of 785 sqft of Chaimaa Avenue, a 5-storey tower in Jumeirah Village Circle (JVC) completed in 2020 by Deval Real Estate Development . It last sold on 12 July 2023 for AED 835,000, or AED 1,063 per sqft, 8% above the AED 983 one-beds in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 27 June 2022, is AED 76,800 a year: a gross yield of 9.2% on the 2023 price, before the service charge of about AED 12,300 a year.
Sales and rents for 1011 over time
1011 has sold twice; 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, and where 1011 sits
All 66 1-beds →1011 last sold in July 2023 at AED 1,063 per sqft, 8% above what one-beds in Chaimaa Avenue were fetching at the time (AED 983). Over the last 12 months one-beds sold for AED 940,000 to 970,000, around AED 1,232 per sqft, and rent for AED 56,000 to 87,000 a year. 1011's AED 76,800 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Aug 202610 August 2026 | 884 sqft | 28,539 | 32 | ||
| 22 Jun 202622 June 2026 | 749 sqft | 940,000 | 1,254 | ||
| 12 May 202612 May 2026 | 801 sqft | 970,000 | 1,210 | ||
| 14 Jan 202614 January 2026 | 884 sqft | 40,756 | 46 |
Chaimaa Avenue
Building12 apartments, studios to 2-bed over 5 floors in Jumeirah Village Circle (JVC), completed in 2020 by Deval Real Estate Development . 6 sold in the last 12 months.
- Typical price per sqft
- AED 1,232
- Typical sale
- AED 808K
- Typical rent
- AED 70K /yr
- Typical yield
- 7.6%
1011, Chaimaa Avenue in numbers
- Sold twice: first on 5 September 2021 for AED 725,000, last on 12 July 2023 for AED 835,000 (AED 1,063 per sqft).
- Rented since January 2022 on 2 Ejari contracts, from AED 12,334 to AED 76,800 a year.
- At AED 76,800 a year the gross yield on the 2023 price is 9.2%, before a service charge of about AED 12,300 a year (AED 15.62 per sqft).
- One-beds in Chaimaa Avenue sold for AED 940,000–970,000 in the 12 months to November 2026; the building's median across all types is AED 1,232 per sqft.
Source: Dubai Land Department. Updated 12 July 2023.
Questions about 1011, Chaimaa Avenue
What did unit 1011 last sell for?
AED 835,000 on 12 July 2023: AED 1,063 per sqft for 785 sqft. The unit has 2 registered sales; the first was AED 725,000 in September 2021.
What is the rent for unit 1011?
AED 76,800 a year on the contract signed on 27 June 2022. The previous contract, from January 2022, was AED 12,334.
How big is unit 1011?
785 sqft (72.9 sqm): a one-bedroom apartment of a 5-storey tower completed in 2020.
What is unit 1011 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 sold for AED 940,000 to 970,000 in the last 12 months, around AED 1,232 per sqft.
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Mortgage on 1011, Chaimaa Avenue
Starts from the last sale price (AED 835K, 12 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 835,000
- Deposit, UAE resident (20%)
- AED 167,000
- Deposit, non-resident (40%)
- AED 334,000
- Monthly over 25 years at 3.7%
- AED 3,416
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →