
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.
Property timeline for 2016, Chaimaa Avenue
What is 2016 worth today?
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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
- Building
- Chaimaa Avenue
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
2016 has sold twice; the dashed line is the studio median of each year in the building.
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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Jun 20265 June 2026 | 749 sqft | 675,000 | 900 | ||
| 26 Dec 202526 December 2025 | 435 sqft | 610,000 | 1,403 | ||
| 22 Apr 202522 April 2025 | 463 sqft | 400,000 | 863 | ||
| 14 Jul 202314 July 2023 | 746 sqft | 720,000 | 965 |
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%
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 →