1-bed · 801 sqftChaimaa Avenue, Jumeirah Village Circle (JVC) · completed 2020

2002, Chaimaa Avenue

Sold prices and rental history: sold twice, last in March 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2002 · DLD and Ejari recordsUpdated 3 March 2023
Last soldAED 770K3 March 2023
Current rentAED 58K /yr24 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2002, Chaimaa Avenue

What is 2002 worth today?

Last sold for AED 770,000 in 2023

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3 Mar 2023SoldReady
AED 770,000AED 960 per sqft
24 Mar 2022RentedNew contract
AED 58,000/yr12 months · AED 73 per sqft
22 Dec 2020Sold by developerReady
AED 720,000AED 898 per sqft
22 Dec 2020RentedNew contract
AED 55,000/yr12 months · AED 69 per sqft

Source: Dubai Land Department. Updated 3 March 2023.

Key facts

Type
1-bed apartment
Size
801 sqft
Parking
B71
Developer
Deval Real Estate Development
Completed
2020
Service charge
AED 12,500 /yr
Last sold
AED 770K · March 2023

About 2002, Chaimaa Avenue

2002 is a one-bedroom apartment of 801 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 3 March 2023 for AED 770,000, or AED 960 per sqft, in line with the AED 960 one-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 24 March 2022, is AED 58,000 a year: a gross yield of 7.5% on the 2023 price, before the service charge of about AED 12,500 a year.

Sales and rents for 2002 over time

Sales
Unit 2002, 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 720,000 (AED 898 per sqft)Sold, March 2023: AED 770,000 (AED 960 per sqft)

2002 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2002, each contractTypical one-bed in Chaimaa Avenue
60K70K2020202220242026Typical 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, December 2020: AED 55,000 a yearNew contract, March 2022: AED 58,000 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 2002 sits

All 66 1-beds →

2002 last sold in March 2023 at AED 960 per sqft, in line with what one-beds in Chaimaa Avenue were fetching at the time (AED 960). 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. 2002's AED 58,000 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 →

2002, Chaimaa Avenue in numbers

  • Sold twice: first on 22 December 2020 for AED 720,000, last on 3 March 2023 for AED 770,000 (AED 960 per sqft).
  • Rented since December 2020 on 2 Ejari contracts, from AED 55,000 to AED 58,000 a year.
  • At AED 58,000 a year the gross yield on the 2023 price is 7.5%, before a service charge of about AED 12,500 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 3 March 2023.

Questions about 2002, Chaimaa Avenue

What did unit 2002 last sell for?

AED 770,000 on 3 March 2023: AED 960 per sqft for 801 sqft. The unit has 2 registered sales; the first was AED 720,000 in December 2020.

What is the rent for unit 2002?

AED 58,000 a year on the contract signed on 24 March 2022. The previous contract, from December 2020, was AED 55,000.

How big is unit 2002?

801 sqft (74.4 sqm): a one-bedroom apartment of a 5-storey tower completed in 2020.

What is unit 2002 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 2002, Chaimaa Avenue

Starts from the last sale price (AED 770K, 3 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 770,000
Deposit, UAE resident (20%)
AED 154,000
Deposit, non-resident (40%)
AED 308,000
Monthly over 25 years at 3.7%
AED 3,150

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