Studio · 463 sqftChaimaa Avenue, Jumeirah Village Circle (JVC) · completed 2020

2016, Chaimaa Avenue

Sold prices and rental history: sold twice, last in September 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2016 · DLD and Ejari recordsUpdated 1 November 2026
Last soldAED 560K26 September 2023
Current rentAED 45K /yr1 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2016, Chaimaa Avenue

What is 2016 worth today?

Last sold for AED 560,000 in 2023

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1 Nov 2026RentedNew contract
AED 45,000/yr12 months · AED 97 per sqft
11 Oct 2025RentedNew contract
AED 60,000/yr12 months · AED 130 per sqft
26 Sep 2023SoldReady
AED 560,000AED 1,209 per sqft
6 Feb 2021RentedNew contract
AED 42,000/yr12 months · AED 91 per sqft
20 Jul 2020Sold by developerOff-plan
AED 550,000AED 1,187 per sqft

Source: Dubai Land Department. Updated 1 November 2026.

Key facts

Type
Studio apartment
Size
463 sqft
Parking
B60
Developer
Deval Real Estate Development
Completed
2020
Service charge
AED 7,200 /yr
Last sold
AED 560K · September 2023

About 2016, Chaimaa Avenue

2016 is a studio of 463 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 26 September 2023 for AED 560,000, or AED 1,209 per sqft, 14% above the AED 1,058 studios in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 1 November 2026, is AED 45,000 a year: a gross yield of 8.0% on the 2023 price, before the service charge of about AED 7,200 a year.

Sales and rents for 2016 over time

Sales
Unit 2016, each saleTypical studio in Chaimaa Avenue
400K500K202020222024Typical sale price by year: 2020 AED 449,000; 2021 AED 415,000; 2023 AED 510,000Sold by developer, July 2020: AED 550,000 (AED 1,187 per sqft)Sold, September 2023: AED 560,000 (AED 1,209 per sqft)

2016 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 2016, each contractTypical studio in Chaimaa Avenue
40K50K60K2021202320252027Typical rent by year: 2021 AED 42,000; 2022 AED 42,000; 2023 AED 45,000; 2024 AED 46,500; 2025 AED 52,500; 2026 AED 54,000New contract, February 2021: AED 42,000 a yearNew contract, October 2025: AED 60,000 a yearNew contract, November 2026: AED 45,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Chaimaa Avenue, and where 2016 sits

All 11 studios →

2016 last sold in September 2023 at AED 1,209 per sqft, 14% above what studios in Chaimaa Avenue were fetching at the time (AED 1,058). Over the last 12 months studios sold for AED 610,000 to 675,000, around AED 1,152 per sqft, and rent for AED 42,900 to 70,350 a year. 2016's AED 45,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
5 Jun 2026675,000
26 Dec 2025610,000
22 Apr 2025400,000
14 Jul 2023720,000
2 studio 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 →

2016, Chaimaa Avenue in numbers

  • Sold twice: first on 20 July 2020 for AED 550,000, last on 26 September 2023 for AED 560,000 (AED 1,209 per sqft).
  • Rented since February 2021 on 3 Ejari contracts, from AED 42,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2023 price is 8.0%, before a service charge of about AED 7,200 a year (AED 15.62 per sqft).
  • Studios in Chaimaa Avenue sold for AED 610,000–675,000 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 1 November 2026.

Questions about 2016, Chaimaa Avenue

What did unit 2016 last sell for?

AED 560,000 on 26 September 2023: AED 1,209 per sqft for 463 sqft. The unit has 2 registered sales; the first was AED 550,000 in July 2020.

What is the rent for unit 2016?

AED 45,000 a year on the contract signed on 1 November 2026. The previous contract, from October 2025, was AED 60,000; the unit has been rented since February 2021.

How big is unit 2016?

463 sqft (43.0 sqm): a studio of a 5-storey tower completed in 2020.

What is unit 2016 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Chaimaa Avenue sold for AED 610,000 to 675,000 in the last 12 months, around AED 1,152 per sqft.

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Mortgage on 2016, Chaimaa Avenue

Starts from the last sale price (AED 560K, 26 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 560,000
Deposit, UAE resident (20%)
AED 112,000
Deposit, non-resident (40%)
AED 224,000
Monthly over 25 years at 3.7%
AED 2,291

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