1-bed · 912 sqftChaimaa Avenue, Jumeirah Village Circle (JVC) · completed 2020

1017, Chaimaa Avenue

Sold prices and rental history: sold twice, last in November 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1017 · DLD and Ejari recordsUpdated 6 November 2024
Last soldAED 700K1 November 2024
Current rentAED 60K /yr6 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1017, Chaimaa Avenue

What is 1017 worth today?

Last sold for AED 700,000 in 2024

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6 Nov 2024RentedNew contract
AED 60,000/yr12 months · AED 66 per sqft
1 Nov 2024SoldReady
AED 700,000AED 767 per sqft
5 Apr 2022RentedNew contract
AED 60,000/yr12 months · AED 66 per sqft
6 Mar 2021RentedNew contract
AED 60,000/yr12 months · AED 66 per sqft
20 Dec 2020Sold by developerReady
AED 754,600AED 827 per sqft

Source: Dubai Land Department. Updated 6 November 2024.

Key facts

Type
1-bed apartment
Size
912 sqft
Parking
B27
Developer
Deval Real Estate Development
Completed
2020
Service charge
AED 14,200 /yr
Last sold
AED 700K · November 2024

About 1017, Chaimaa Avenue

1017 is a one-bedroom apartment of 912 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 1 November 2024 for AED 700,000, or AED 767 per sqft, 29% below the AED 1,085 one-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 6 November 2024, is AED 60,000 a year: a gross yield of 8.6% on the 2024 price, before the service charge of about AED 14,200 a year.

Sales and rents for 1017 over time

Sales
Unit 1017, 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, December 2020: AED 754,600 (AED 827 per sqft)Sold, November 2024: AED 700,000 (AED 767 per sqft)

1017 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1017, each contractTypical one-bed in Chaimaa Avenue
60K70K2021202320252027Typical 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 2021: AED 60,000 a yearNew contract, April 2022: AED 60,000 a yearNew contract, November 2024: AED 60,000 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, and where 1017 sits

All 66 1-beds →

1017 last sold in November 2024 at AED 767 per sqft, 29% below what one-beds in Chaimaa Avenue were fetching at the time (AED 1,085). 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. 1017's AED 60,000 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 →

1017, Chaimaa Avenue in numbers

  • Sold twice: first on 20 December 2020 for AED 754,600, last on 1 November 2024 for AED 700,000 (AED 767 per sqft).
  • Rented since March 2021 on 3 Ejari contracts, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2024 price is 8.6%, before a service charge of about AED 14,200 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 6 November 2024.

Questions about 1017, Chaimaa Avenue

What did unit 1017 last sell for?

AED 700,000 on 1 November 2024: AED 767 per sqft for 912 sqft. The unit has 2 registered sales; the first was AED 754,600 in December 2020.

What is the rent for unit 1017?

AED 60,000 a year on the contract signed on 6 November 2024. The previous contract, from April 2022, was AED 60,000; the unit has been rented since March 2021.

How big is unit 1017?

912 sqft (84.7 sqm): a one-bedroom apartment of a 5-storey tower completed in 2020.

What is unit 1017 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 1017, Chaimaa Avenue

Starts from the last sale price (AED 700K, 1 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

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