1-bed · 799 sqftChaimaa Avenue, Jumeirah Village Circle (JVC) · completed 2020

5003, Chaimaa Avenue

Sold prices and rental history: sold once, by the developer in April 2020, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5003 · DLD and Ejari recordsUpdated 27 November 2024
Last soldAED 650K22 April 2020
Current rentAED 78K /yr27 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5003, Chaimaa Avenue

What is 5003 worth today?

Last sold for AED 649,711 in 2020

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27 Nov 2024RentedNew contract
AED 78,000/yr12 months · AED 98 per sqft
25 Oct 2023RentedNew contract
AED 78,000/yr12 months · AED 98 per sqft
8 Jul 2023RentedRenewal
AED 59,500/yr12 months · AED 75 per sqft
8 Jul 2022RentedRenewal
AED 58,000/yr12 months · AED 73 per sqft
8 Jul 2021RentedNew contract
AED 58,000/yr12 months · AED 73 per sqft
22 Apr 2020Sold by developerOff-plan
AED 649,711AED 812 per sqft

Source: Dubai Land Department. Updated 27 November 2024.

Key facts

Type
1-bed apartment
Size
799 sqft
Parking
B58
Developer
Deval Real Estate Development
Completed
2020
Service charge
AED 12,500 /yr
Last sold
AED 650K · April 2020

About 5003, Chaimaa Avenue

5003 is a one-bedroom apartment of 799 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 22 April 2020 for AED 649,711, or AED 812 per sqft, 8% below the AED 883 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 27 November 2024, is AED 78,000 a year: a gross yield of 12.0% on the 2020 price, before the service charge of about AED 12,500 a year.

Sales and rents for 5003 over time

Sales
Unit 5003, 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, April 2020: AED 649,711 (AED 812 per sqft)

5003 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 5003, each contractTypical one-bed in Chaimaa Avenue
60K70K80K2021202320252027Typical 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, July 2021: AED 58,000 a yearRenewal, July 2022: AED 58,000 a yearRenewal, July 2023: AED 59,500 a yearNew contract, October 2023: AED 78,000 a yearNew contract, November 2024: AED 78,000 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 5003 sits

All 66 1-beds →

5003 last sold in April 2020 at AED 812 per sqft, 8% below what one-beds in Chaimaa Avenue were fetching at the time (AED 883). 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. 5003's AED 78,000 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 →

5003, Chaimaa Avenue in numbers

  • Sold once: by Deval Real Estate Development on 22 April 2020 for AED 649,711, or AED 812 per sqft.
  • Rented since July 2021 on 5 Ejari contracts, from AED 58,000 to AED 78,000 a year.
  • At AED 78,000 a year the gross yield on the 2020 price is 12.0%, 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 27 November 2024.

Questions about 5003, Chaimaa Avenue

What did unit 5003 last sell for?

AED 649,711 on 22 April 2020, sold by the developer: AED 812 per sqft for 799 sqft. It is the only registered sale of the unit.

What is the rent for unit 5003?

AED 78,000 a year on the contract signed on 27 November 2024. The previous contract, from October 2023, was AED 78,000; the unit has been rented since July 2021.

How big is unit 5003?

799 sqft (74.2 sqm): a one-bedroom apartment of a 5-storey tower completed in 2020.

What is unit 5003 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 5003, Chaimaa Avenue

Starts from the last sale price (AED 650K, 22 April 2020). Switch to today's estimate once you have unlocked it.
Price
AED 649,711
Deposit, UAE resident (20%)
AED 129,942
Deposit, non-resident (40%)
AED 259,884
Monthly over 25 years at 3.7%
AED 2,658

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