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1-bed · 790 sqftChaimaa Avenue, Jumeirah Village Circle (JVC) · completed 2020

1013, Chaimaa Avenue

Sold prices and rental history: sold once, by the developer in August 2021, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1013 · DLD and Ejari recordsUpdated 10 April 2024
Last soldAED 840K17 August 2021
Current rentAED 67K /yr10 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1013, Chaimaa Avenue

What is 1013 worth today?

Last sold for AED 840,000 in 2021

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10 Apr 2024RentedRenewal
AED 66,500/yr12 months · AED 85 per sqft
10 Apr 2024RentedRenewal
AED 66,500/yr12 months · AED 85 per sqft
20 Mar 2023RentedNew contract
AED 65,000/yr13 months · AED 83 per sqft
7 Mar 2022RentedNew contract
AED 50,000/yr12 months · AED 63 per sqft
7 Mar 2022RentedNew contract
AED 49,866/yr12 months · AED 63 per sqft
17 Aug 2021Sold by developerReady
AED 840,000AED 1,063 per sqft

Source: Dubai Land Department. Updated 10 April 2024.

Key facts

Type
1-bed apartment
Size
790 sqft
Parking
G07
Developer
Deval Real Estate Development
Completed
2020
Service charge
AED 12,300 /yr
Last sold
AED 840K · August 2021
Building
Chaimaa Avenue

About 1013, Chaimaa Avenue

1013 is a one-bedroom apartment of 790 sqft of Chaimaa Avenue, a 5-storey tower in Jumeirah Village Circle (JVC) completed in 2020 by Deval Real Estate Development . The developer sold it on 17 August 2021 for AED 840,000, or AED 1,063 per sqft, 18% above the AED 899 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, renewed on 10 April 2024, is AED 66,500 a year: a gross yield of 7.9% on the 2021 price, before the service charge of about AED 12,300 a year.

Sales and rents for 1013 over time

Sales
Unit 1013, each saleTypical one-bed in Chaimaa Avenue
800K2020202220242026Typical sale price by year: 2020 AED 700,000; 2021 AED 705,000; 2022 AED 730,000; 2023 AED 822,500; 2024 AED 870,000; 2025 AED 925,000Sold by developer, August 2021: AED 840,000 (AED 1,063 per sqft)

1013 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1013, each contractTypical one-bed in Chaimaa Avenue
60K2021202320252027Typical rent by year: 2021 AED 57,000; 2022 AED 58,000; 2023 AED 65,000; 2024 AED 71,000; 2025 AED 75,000; 2026 AED 70,130New contract, March 2022: AED 50,000 a yearNew contract, March 2022: AED 49,866 a yearNew contract, March 2023: AED 65,000 a yearRenewal, April 2024: AED 66,500 a yearRenewal, April 2024: AED 66,500 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, and where 1013 sits

All 66 1-beds →

1013 last sold in August 2021 at AED 1,063 per sqft, 18% above what one-beds in Chaimaa Avenue were fetching at the time (AED 899). 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. 1013's AED 66,500 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
10 Aug 202628,539
22 Jun 2026940,000
12 May 2026970,000
14 Jan 202640,756
4 1-bed sales in the last 12 months

Chaimaa Avenue

Building

12 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%
Chaimaa Avenue, Jumeirah Village Circle (JVC): prices, sales and rents →

1013, Chaimaa Avenue in numbers

  • Sold once: by Deval Real Estate Development on 17 August 2021 for AED 840,000, or AED 1,063 per sqft.
  • Rented since March 2022 on 5 Ejari contracts, from AED 49,866 to AED 66,500 a year.
  • At AED 66,500 a year the gross yield on the 2021 price is 7.9%, 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 10 April 2024.

Questions about 1013, Chaimaa Avenue

What did unit 1013 last sell for?

AED 840,000 on 17 August 2021, sold by the developer: AED 1,063 per sqft for 790 sqft. It is the only registered sale of the unit.

What is the rent for unit 1013?

AED 66,500 a year on the contract renewed on 10 April 2024. The previous contract, from April 2024, was AED 66,500; the unit has been rented since March 2022.

How big is unit 1013?

790 sqft (73.4 sqm): a one-bedroom apartment of a 5-storey tower completed in 2020.

What is unit 1013 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 1013, Chaimaa Avenue

Starts from the last sale price (AED 840K, 17 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 840,000
Deposit, UAE resident (20%)
AED 168,000
Deposit, non-resident (40%)
AED 336,000
Monthly over 25 years at 3.7%
AED 3,437

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