Home
Dubai prices
About
Research
Studio · 501 sqftChaimaa Premiere, Jumeirah Village Circle (JVC) · 1st floor · completed 2019

116, Chaimaa Premiere

Sold prices and rental history: sold twice, last in June 2020, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 116 · DLD and Ejari recordsUpdated 3 September 2025
Last soldAED 356K11 June 2020
Current rentAED 55K /yr3 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 116

Property timeline for 116, Chaimaa Premiere

What is 116 worth today?

Last sold for AED 356,025 in 2020

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

3 Sep 2025RentedNew contract
AED 55,000/yr12 months · AED 110 per sqft
11 Jun 2020SoldReady
AED 356,025AED 710 per sqft
1 Jun 2019RentedNew contract
AED 35,000/yr12 months · AED 69 per sqft
17 Apr 2019Sold by developerOff-plan
AED 505,000AED 1,024 per sqft

Source: Dubai Land Department. Updated 3 September 2025.

Key facts

Type
Studio apartment
Size
501 sqft
Floor
1st of 4
Parking
P-23
Developer
Deval Real Estate Development
Completed
2019
Service charge
AED 7,100 /yr
Last sold
AED 356K · June 2020
Building
Chaimaa Premiere

About 116, Chaimaa Premiere

116 is a studio of 501 sqft on the 1st floor of Chaimaa Premiere, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2019 by Deval Real Estate Development . It last sold on 11 June 2020 for AED 356,025, or AED 710 per sqft, 28% below the AED 980 studios in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 3 September 2025, is AED 55,000 a year: a gross yield of 15.4% on the 2020 price, before the service charge of about AED 7,100 a year.

Sales and rents for 116 over time

Sales
Unit 116, each saleTypical studio in Chaimaa Premiere
400K500K2018202020222024Typical sale price by year: 2018 AED 533,701; 2019 AED 504,000; 2020 AED 555,000; 2023 AED 472,500; 2024 AED 540,000Sold by developer, April 2019: AED 505,000 (AED 1,024 per sqft)Sold, June 2020: AED 356,025 (AED 710 per sqft)

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

Rents
Unit 116, each contractTypical studio in Chaimaa Premiere
40K20192021202320252027Typical rent by year: 2019 AED 36,000; 2020 AED 33,000; 2021 AED 28,000; 2022 AED 30,800; 2023 AED 33,300; 2024 AED 38,850; 2025 AED 42,350; 2026 AED 44,400New contract, June 2019: AED 35,000 a yearNew contract, September 2025: AED 55,000 a year

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

Studios in Chaimaa Premiere, and where 116 sits

All 51 studios →

116 last sold in June 2020 at AED 710 per sqft, 28% below what studios in Chaimaa Premiere were fetching at the time (AED 980). Over the last 12 months studios sold for AED 560,000 to 578,000, around AED 1,061 per sqft, and rent for AED 36,000 to 59,839 a year. 116's AED 55,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
2 Mar 2026578,000
8 Jan 2026560,000
23 Oct 2025600,000
19 Jun 2025475,000
2 studio sales in the last 12 months

Chaimaa Premiere

Building

92 apartments, studios to 2-bed over 4 floors in Jumeirah Village Circle (JVC), completed in 2019 by Deval Real Estate Development . 5 sold in the last 12 months.

Typical price per sqft
AED 1,050
Typical sale
AED 578K
Typical rent
AED 52K /yr
Typical yield
7.9%
Chaimaa Premiere, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 1st floor

All 92 units in Chaimaa Premiere
Value
1011-bedAED 1.12M · Sep 2019
102StudioAED 478K · Dec 2019
103StudioAED 575K · May 2024
104StudioAED 540K · Jan 2024
105StudioAED 495K · Jan 2024
106StudioAED 471K · Dec 2019
107StudioAED 576K · Apr 2019
1–7 of 23

116, Chaimaa Premiere in numbers

  • Sold twice: first on 17 April 2019 for AED 505,000, last on 11 June 2020 for AED 356,025 (AED 710 per sqft).
  • Rented since June 2019 on 2 Ejari contracts, from AED 35,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2020 price is 15.4%, before a service charge of about AED 7,100 a year (AED 14.25 per sqft).
  • Studios in Chaimaa Premiere sold for AED 560,000–578,000 in the 12 months to November 2026; the building's median across all types is AED 1,050 per sqft.

Source: Dubai Land Department. Updated 3 September 2025.

Questions about 116, Chaimaa Premiere

What did unit 116 last sell for?

AED 356,025 on 11 June 2020: AED 710 per sqft for 501 sqft. The unit has 2 registered sales; the first was AED 505,000 in April 2019.

What is the rent for unit 116?

AED 55,000 a year on the contract signed on 3 September 2025. The previous contract, from June 2019, was AED 35,000.

How big is unit 116?

501 sqft (46.5 sqm): a studio on the 1st floor of a 4-storey tower completed in 2019.

What is unit 116 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Chaimaa Premiere sold for AED 560,000 to 578,000 in the last 12 months, around AED 1,061 per sqft.

Selling 116? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 116, Chaimaa Premiere

Starts from the last sale price (AED 356K, 11 June 2020). Switch to today's estimate once you have unlocked it.
Price
AED 356,025
Deposit, UAE resident (20%)
AED 71,205
Deposit, non-resident (40%)
AED 142,410
Monthly over 25 years at 3.7%
AED 1,457

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