Studio · 478 sqftChaimaa Premiere, Jumeirah Village Circle (JVC) · 2nd floor · completed 2019

220, Chaimaa Premiere

Sold prices and rental history: sold twice, last in November 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 220 · DLD and Ejari recordsUpdated 11 November 2024
Last soldAED 540K11 November 2024
Current rentAED 40K /yr6 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 220, Chaimaa Premiere

What is 220 worth today?

Last sold for AED 540,000 in 2024

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11 Nov 2024SoldReady
AED 540,000AED 1,129 per sqft
6 Sep 2023RentedNew contract
AED 40,000/yr12 months · AED 84 per sqft
1 Sep 2021RentedNew contract
AED 30,000/yr12 months · AED 63 per sqft
5 Aug 2020RentedRenewal
AED 34,000/yr12 months · AED 72 per sqft
5 Aug 2019RentedNew contract
AED 39,000/yr12 months · AED 82 per sqft
10 Apr 2019Sold by developerOff-plan
AED 450,000AED 941 per sqft

Source: Dubai Land Department. Updated 11 November 2024.

Key facts

Type
Studio apartment
Size
478 sqft
Floor
2nd of 4
Parking
P-15
Developer
Deval Real Estate Development
Completed
2019
Service charge
AED 6,800 /yr
Last sold
AED 540K · November 2024

About 220, Chaimaa Premiere

220 is a studio of 478 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 . It last sold on 11 November 2024 for AED 540,000, or AED 1,129 per sqft, 13% above the AED 998 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 6 September 2023, is AED 40,000 a year: a gross yield of 7.4% on the 2024 price, before the service charge of about AED 6,800 a year.

Sales and rents for 220 over time

Sales
Unit 220, each saleTypical studio in Chaimaa Premiere
450K500K550K2018202020222024Typical 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 450,000 (AED 941 per sqft)Sold, November 2024: AED 540,000 (AED 1,129 per sqft)

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

Rents
Unit 220, each contractTypical studio in Chaimaa Premiere
30K40K20192021202320252027Typical 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, August 2019: AED 39,000 a yearRenewal, August 2020: AED 34,000 a yearNew contract, September 2021: AED 30,000 a yearNew contract, September 2023: AED 40,000 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 220 sits

All 51 studios →

220 last sold in November 2024 at AED 1,129 per sqft, 13% above what studios in Chaimaa Premiere were fetching at the time (AED 998). 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. 220's AED 40,000 is in the lower 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

220, Chaimaa Premiere in numbers

  • Sold twice: first on 10 April 2019 for AED 450,000, last on 11 November 2024 for AED 540,000 (AED 1,129 per sqft).
  • Rented since August 2019 on 4 Ejari contracts. The rent fell from AED 39,000 to AED 30,000 in 2021 and recovered to AED 40,000 by September 2023.
  • At AED 40,000 a year the gross yield on the 2024 price is 7.4%, 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 11 November 2024.

Questions about 220, Chaimaa Premiere

What did unit 220 last sell for?

AED 540,000 on 11 November 2024: AED 1,129 per sqft for 478 sqft. The unit has 2 registered sales; the first was AED 450,000 in April 2019.

What is the rent for unit 220?

AED 40,000 a year on the contract signed on 6 September 2023. The previous contract, from September 2021, was AED 30,000; the unit has been rented since August 2019.

How big is unit 220?

478 sqft (44.4 sqm): a studio on the 2nd floor of a 4-storey tower completed in 2019.

What is unit 220 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 220, Chaimaa Premiere

Starts from the last sale price (AED 540K, 11 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 540,000
Deposit, UAE resident (20%)
AED 108,000
Deposit, non-resident (40%)
AED 216,000
Monthly over 25 years at 3.7%
AED 2,209

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