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

3002, Chaimaa Avenue

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

Unit 3002 · DLD and Ejari recordsUpdated 16 July 2024
Last soldAED 870K16 July 2024
Current rentAED 65K /yr7 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 3002, Chaimaa Avenue

What is 3002 worth today?

Last sold for AED 870,000 in 2024

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16 Jul 2024SoldReady
AED 870,000AED 1,085 per sqft
7 Mar 2023RentedNew contract
AED 65,000/yr12 months · AED 82 per sqft
23 Feb 2022RentedNew contract
AED 57,000/yr12 months · AED 71 per sqft
15 Feb 2021RentedNew contract
AED 52,000/yr12 months · AED 65 per sqft
23 Dec 2020Sold by developerReady
AED 781,826AED 975 per sqft

Source: Dubai Land Department. Updated 16 July 2024.

Key facts

Type
1-bed apartment
Size
801 sqft
Parking
G03
Developer
Deval Real Estate Development
Completed
2020
Service charge
AED 12,500 /yr
Last sold
AED 870K · July 2024
Building
Chaimaa Avenue

About 3002, Chaimaa Avenue

3002 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 16 July 2024 for AED 870,000, or AED 1,085 per sqft, in line with the AED 1,092 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 7 March 2023, is AED 65,000 a year: a gross yield of 7.5% on the 2024 price, before the service charge of about AED 12,500 a year.

Sales and rents for 3002 over time

Sales
Unit 3002, 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 781,826 (AED 975 per sqft)Sold, July 2024: AED 870,000 (AED 1,085 per sqft)

3002 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3002, each contractTypical one-bed in Chaimaa Avenue
60K2021202320252027Typical 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, February 2021: AED 52,000 a yearNew contract, February 2022: AED 57,000 a yearNew contract, March 2023: AED 65,000 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 3002 sits

All 66 1-beds →

3002 last sold in July 2024 at AED 1,085 per sqft, in line with what one-beds in Chaimaa Avenue were fetching at the time (AED 1,092). 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. 3002's AED 65,000 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 →

3002, Chaimaa Avenue in numbers

  • Sold twice: first on 23 December 2020 for AED 781,826, last on 16 July 2024 for AED 870,000 (AED 1,085 per sqft).
  • Rented since February 2021 on 3 Ejari contracts, from AED 52,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2024 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 16 July 2024.

Questions about 3002, Chaimaa Avenue

What did unit 3002 last sell for?

AED 870,000 on 16 July 2024: AED 1,085 per sqft for 801 sqft. The unit has 2 registered sales; the first was AED 781,826 in December 2020.

What is the rent for unit 3002?

AED 65,000 a year on the contract signed on 7 March 2023. The previous contract, from February 2022, was AED 57,000; the unit has been rented since February 2021.

How big is unit 3002?

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

What is unit 3002 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 3002, Chaimaa Avenue

Starts from the last sale price (AED 870K, 16 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 870,000
Deposit, UAE resident (20%)
AED 174,000
Deposit, non-resident (40%)
AED 348,000
Monthly over 25 years at 3.7%
AED 3,559

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