1-bed · 1,128 sqftChaimaa Avenue, Jumeirah Village Circle (JVC) · completed 2020

4009, Chaimaa Avenue

Sold prices and rental history: sold once, by the developer in March 2021, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4009 · DLD and Ejari recordsUpdated 31 May 2023
Last soldAED 720K21 March 2021
Current rentAED 70K /yr31 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4009, Chaimaa Avenue

What is 4009 worth today?

Last sold for AED 720,000 in 2021

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31 May 2023RentedNew contract
AED 70,000/yr12 months · AED 62 per sqft
10 Apr 2021RentedNew contract
AED 64,615/yr13 months · AED 57 per sqft
21 Mar 2021Sold by developerReady
AED 720,000AED 638 per sqft

Source: Dubai Land Department. Updated 31 May 2023.

Key facts

Type
1-bed apartment
Size
1,128 sqft
Parking
B64
Developer
Deval Real Estate Development
Completed
2020
Service charge
AED 17,600 /yr
Last sold
AED 720K · March 2021

About 4009, Chaimaa Avenue

4009 is a one-bedroom apartment of 1,128 sqft of Chaimaa Avenue, a 5-storey tower in Jumeirah Village Circle (JVC) completed in 2020 by Deval Real Estate Development . The developer sold it on 21 March 2021 for AED 720,000, or AED 638 per sqft, 29% below the AED 898 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 31 May 2023, is AED 70,000 a year: a gross yield of 9.7% on the 2021 price, before the service charge of about AED 17,600 a year.

Sales and rents for 4009 over time

Sales
Unit 4009, 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, March 2021: AED 720,000 (AED 638 per sqft)

4009 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4009, 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 64,615 a yearNew contract, May 2023: AED 70,000 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 4009 sits

All 66 1-beds →

4009 last sold in March 2021 at AED 638 per sqft, 29% below what one-beds in Chaimaa Avenue were fetching at the time (AED 898). 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. 4009's AED 70,000 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 →

4009, Chaimaa Avenue in numbers

  • Sold once: by Deval Real Estate Development on 21 March 2021 for AED 720,000, or AED 638 per sqft.
  • Rented since April 2021 on 2 Ejari contracts, from AED 64,615 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2021 price is 9.7%, before a service charge of about AED 17,600 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 31 May 2023.

Questions about 4009, Chaimaa Avenue

What did unit 4009 last sell for?

AED 720,000 on 21 March 2021, sold by the developer: AED 638 per sqft for 1,128 sqft. It is the only registered sale of the unit.

What is the rent for unit 4009?

AED 70,000 a year on the contract signed on 31 May 2023. The previous contract, from April 2021, was AED 64,615.

How big is unit 4009?

1,128 sqft (104.8 sqm): a one-bedroom apartment of a 5-storey tower completed in 2020.

What is unit 4009 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 4009, Chaimaa Avenue

Starts from the last sale price (AED 720K, 21 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 720,000
Deposit, UAE resident (20%)
AED 144,000
Deposit, non-resident (40%)
AED 288,000
Monthly over 25 years at 3.7%
AED 2,946

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