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

2007, Chaimaa Avenue

Sold prices and rental history: sold 3 times, last in September 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2007 · DLD and Ejari recordsUpdated 15 November 2024
Last soldAED 875K5 September 2024
Current rentAED 75K /yr15 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2007, Chaimaa Avenue

What is 2007 worth today?

Last sold for AED 875,000 in 2024

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15 Nov 2024RentedNew contract
AED 75,000/yr12 months · AED 94 per sqft
5 Sep 2024SoldReady
AED 875,000AED 1,092 per sqft
18 Jul 2021SoldReady
AED 750,000AED 936 per sqft
5 Apr 2021RentedNew contract
AED 55,000/yr12 months · AED 69 per sqft
20 Dec 2020Sold by developerReady
AED 720,875AED 899 per sqft

Source: Dubai Land Department. Updated 15 November 2024.

Key facts

Type
1-bed apartment
Size
801 sqft
Parking
B01
Developer
Deval Real Estate Development
Completed
2020
Service charge
AED 12,500 /yr
Last sold
AED 875K · September 2024

About 2007, Chaimaa Avenue

2007 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 5 September 2024 for AED 875,000, or AED 1,092 per sqft, 8% below the AED 1,186 one-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 15 November 2024, is AED 75,000 a year: a gross yield of 8.6% on the 2024 price, before the service charge of about AED 12,500 a year.

Sales and rents for 2007 over time

Sales
Unit 2007, 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 720,875 (AED 899 per sqft)Sold, July 2021: AED 750,000 (AED 936 per sqft)Sold, September 2024: AED 875,000 (AED 1,092 per sqft)

2007 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2007, 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, April 2021: AED 55,000 a yearNew contract, November 2024: AED 75,000 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 2007 sits

All 66 1-beds →

2007 last sold in September 2024 at AED 1,092 per sqft, 8% below what one-beds in Chaimaa Avenue were fetching at the time (AED 1,186). 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. 2007's AED 75,000 is in the upper 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 →

2007, Chaimaa Avenue in numbers

  • Sold 3 times: first on 20 December 2020 for AED 720,875, last on 5 September 2024 for AED 875,000 (AED 1,092 per sqft).
  • Rented since April 2021 on 2 Ejari contracts, from AED 55,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2024 price is 8.6%, 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 15 November 2024.

Questions about 2007, Chaimaa Avenue

What did unit 2007 last sell for?

AED 875,000 on 5 September 2024: AED 1,092 per sqft for 801 sqft. The unit has 3 registered sales; the first was AED 720,875 in December 2020.

What is the rent for unit 2007?

AED 75,000 a year on the contract signed on 15 November 2024. The previous contract, from April 2021, was AED 55,000.

How big is unit 2007?

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

What is unit 2007 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 2007, Chaimaa Avenue

Starts from the last sale price (AED 875K, 5 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 875,000
Deposit, UAE resident (20%)
AED 175,000
Deposit, non-resident (40%)
AED 350,000
Monthly over 25 years at 3.7%
AED 3,580

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