Studio · 478 sqftChaimaa Premiere, Jumeirah Village Circle (JVC) · 1st floor · completed 2019

120, Chaimaa Premiere

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

Unit 120 · DLD and Ejari recordsUpdated 27 October 2026
Last soldAED 415K16 August 2021
Current rentAED 50K /yr27 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 120, Chaimaa Premiere

What is 120 worth today?

Last sold for AED 415,000 in 2021

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27 Oct 2026RentedRenewal
AED 50,400/yr12 months · AED 105 per sqft
27 Oct 2025RentedRenewal
AED 50,400/yr12 months · AED 105 per sqft
27 Oct 2024RentedRenewal
AED 50,400/yr12 months · AED 105 per sqft
27 Oct 2023RentedNew contract
AED 50,400/yr12 months · AED 105 per sqft
15 Sep 2022RentedRenewal
AED 50,400/yr12 months · AED 105 per sqft
15 Sep 2021RentedNew contract
AED 48,000/yr12 months · AED 100 per sqft
16 Aug 2021SoldReady
AED 415,000AED 867 per sqft
16 Jan 2019Sold by developerOff-plan
AED 450,000AED 940 per sqft

Source: Dubai Land Department. Updated 27 October 2026.

Key facts

Type
Studio apartment
Size
478 sqft
Floor
1st of 4
Parking
B-12
Developer
Deval Real Estate Development
Completed
2019
Service charge
AED 6,800 /yr
Last sold
AED 415K · August 2021

About 120, Chaimaa Premiere

120 is a studio of 478 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 16 August 2021 for AED 415,000, or AED 867 per sqft.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 27 October 2026, is AED 50,400 a year: a gross yield of 12.1% on the 2021 price, before the service charge of about AED 6,800 a year.

Sales and rents for 120 over time

Sales
Unit 120, 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, January 2019: AED 450,000 (AED 940 per sqft)Sold, August 2021: AED 415,000 (AED 867 per sqft)

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

Rents
Unit 120, each contractTypical studio in Chaimaa Premiere
40K201920222025Typical 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, September 2021: AED 48,000 a yearRenewal, September 2022: AED 50,400 a yearNew contract, October 2023: AED 50,400 a yearRenewal, October 2024: AED 50,400 a yearRenewal, October 2025: AED 50,400 a yearRenewal, October 2026: AED 50,400 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 120 sits

All 51 studios →

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. 120's AED 50,400 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

120, Chaimaa Premiere in numbers

  • Sold twice: first on 16 January 2019 for AED 450,000, last on 16 August 2021 for AED 415,000 (AED 867 per sqft).
  • Rented since September 2021 on 6 Ejari contracts, from AED 48,000 to AED 50,400 a year.
  • At AED 50,400 a year the gross yield on the 2021 price is 12.1%, before a service charge of about AED 6,800 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 27 October 2026.

Questions about 120, Chaimaa Premiere

What did unit 120 last sell for?

AED 415,000 on 16 August 2021: AED 867 per sqft for 478 sqft. The unit has 2 registered sales; the first was AED 450,000 in January 2019.

What is the rent for unit 120?

AED 50,400 a year on the contract renewed on 27 October 2026. The previous contract, from October 2025, was AED 50,400; the unit has been rented since September 2021.

How big is unit 120?

478 sqft (44.4 sqm): a studio on the 1st floor of a 4-storey tower completed in 2019.

What is unit 120 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.

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Mortgage on 120, Chaimaa Premiere

Starts from the last sale price (AED 415K, 16 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 415,000
Deposit, UAE resident (20%)
AED 83,000
Deposit, non-resident (40%)
AED 166,000
Monthly over 25 years at 3.7%
AED 1,698

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