1016, Chaimaa Avenue
Sold prices and rental history: sold once, by the developer in February 2020, and rented once, from November 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1016, Chaimaa Avenue
What is 1016 worth today?
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Source: Dubai Land Department. Updated 12 November 2021.
Key facts
- Type
- 1-bed apartment
- Size
- 791 sqft
- Parking
- G06
- Developer
- Deval Real Estate Development
- Completed
- 2020
- Service charge
- AED 12,300 /yr
- Last sold
- AED 696K · February 2020
- Building
- Chaimaa Avenue
About 1016, Chaimaa Avenue
1016 is a one-bedroom apartment of 791 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 13 February 2020 for AED 696,364, or AED 880 per sqft.
One Ejari contract is registered, from 12 November 2021. The current contract, signed on 12 November 2021, is AED 60,000 a year: a gross yield of 8.6% on the 2020 price, before the service charge of about AED 12,300 a year.
Sales and rents for 1016 over time
1016 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, and where 1016 sits
All 66 1-beds →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. 1016's AED 60,000 is in the lower 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%
1016, Chaimaa Avenue in numbers
- Sold once: by Deval Real Estate Development on 13 February 2020 for AED 696,364, or AED 880 per sqft.
- Rented since November 2021 on one Ejari contract, at AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2020 price is 8.6%, 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 November 2021.
Questions about 1016, Chaimaa Avenue
What did unit 1016 last sell for?
AED 696,364 on 13 February 2020, sold by the developer: AED 880 per sqft for 791 sqft. It is the only registered sale of the unit.
What is the rent for unit 1016?
AED 60,000 a year on the contract signed on 12 November 2021.
How big is unit 1016?
791 sqft (73.5 sqm): a one-bedroom apartment of a 5-storey tower completed in 2020.
What is unit 1016 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 1016, Chaimaa Avenue
Starts from the last sale price (AED 696K, 13 February 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 696,364
- Deposit, UAE resident (20%)
- AED 139,273
- Deposit, non-resident (40%)
- AED 278,546
- Monthly over 25 years at 3.7%
- AED 2,849
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →