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Studio · 540 sqftChaimaa Premiere, Jumeirah Village Circle (JVC) · 2nd floor · completed 2019

208, Chaimaa Premiere

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

Unit 208 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 555K6 February 2020
Current rentAED 49K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 208, Chaimaa Premiere

What is 208 worth today?

Last sold for AED 555,000 in 2020

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1 Aug 2024RentedNew contract
AED 49,068/yr12 months · AED 91 per sqft
10 Apr 2020RentedNew contract
AED 34,000/yr12 months · AED 63 per sqft
6 Feb 2020Sold by developerReady
AED 555,000AED 1,027 per sqft

Source: Dubai Land Department. Updated 1 August 2024.

Key facts

Type
Studio apartment
Size
540 sqft
Floor
2nd of 4
Parking
B-41
Developer
Deval Real Estate Development
Completed
2019
Service charge
AED 7,700 /yr
Last sold
AED 555K · February 2020
Building
Chaimaa Premiere

About 208, Chaimaa Premiere

208 is a studio of 540 sqft on the 2nd floor of Chaimaa Premiere, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2019 by Deval Real Estate Development . The developer sold it on 6 February 2020 for AED 555,000, or AED 1,027 per sqft, in line with the AED 1,000 studios in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 1 August 2024, is AED 49,068 a year: a gross yield of 8.8% on the 2020 price, before the service charge of about AED 7,700 a year.

Sales and rents for 208 over time

Sales
Unit 208, each saleTypical studio in Chaimaa Premiere
500K550K2018202020222024Typical 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, February 2020: AED 555,000 (AED 1,027 per sqft)

208 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 208, each contractTypical studio in Chaimaa Premiere
30K40K50K20192021202320252027Typical 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, April 2020: AED 34,000 a yearNew contract, August 2024: AED 49,068 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 208 sits

All 51 studios →

208 last sold in February 2020 at AED 1,027 per sqft, in line with what studios in Chaimaa Premiere were fetching at the time (AED 1,000). 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. 208's AED 49,068 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 2nd floor

All 92 units in Chaimaa Premiere
Value
2011-bedAED 826K · Dec 2019
202StudioAED 527K · Sep 2018
203StudioAED 540K · Aug 2018
204StudioAED 562K · Jun 2019
205StudioAED 578K · Mar 2026
206StudioAED 496K · Sep 2023
207StudioAED 600K · Nov 2024
1–7 of 23

208, Chaimaa Premiere in numbers

  • Sold once: by Deval Real Estate Development on 6 February 2020 for AED 555,000, or AED 1,027 per sqft.
  • Rented since April 2020 on 2 Ejari contracts, from AED 34,000 to AED 49,068 a year.
  • At AED 49,068 a year the gross yield on the 2020 price is 8.8%, before a service charge of about AED 7,700 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 1 August 2024.

Questions about 208, Chaimaa Premiere

What did unit 208 last sell for?

AED 555,000 on 6 February 2020, sold by the developer: AED 1,027 per sqft for 540 sqft. It is the only registered sale of the unit.

What is the rent for unit 208?

AED 49,068 a year on the contract signed on 1 August 2024. The previous contract, from April 2020, was AED 34,000.

How big is unit 208?

540 sqft (50.2 sqm): a studio on the 2nd floor of a 4-storey tower completed in 2019.

What is unit 208 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 208, Chaimaa Premiere

Starts from the last sale price (AED 555K, 6 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 555,000
Deposit, UAE resident (20%)
AED 111,000
Deposit, non-resident (40%)
AED 222,000
Monthly over 25 years at 3.7%
AED 2,271

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