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1-bed · 695 sqftChaimaa Premiere, Jumeirah Village Circle (JVC) · 2nd floor · completed 2019

221, Chaimaa Premiere

Sold prices and rental history: sold twice, last in February 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 221 · DLD and Ejari recordsUpdated 13 February 2024
Last soldAED 685K13 February 2024
Current rentAED 50K /yr1 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 221, Chaimaa Premiere

What is 221 worth today?

Last sold for AED 685,000 in 2024

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13 Feb 2024SoldReady
AED 685,000AED 985 per sqft
1 Dec 2023RentedNew contract
AED 50,000/yr12 months · AED 72 per sqft
30 Nov 2022RentedNew contract
AED 45,000/yr12 months · AED 64 per sqft
10 Apr 2019Sold by developerOff-plan
AED 615,000AED 885 per sqft

Source: Dubai Land Department. Updated 13 February 2024.

Key facts

Type
1-bed apartment
Size
695 sqft
Floor
2nd of 4
Parking
B-01
Developer
Deval Real Estate Development
Completed
2019
Service charge
AED 9,900 /yr
Last sold
AED 685K · February 2024
Building
Chaimaa Premiere

About 221, Chaimaa Premiere

221 is a one-bedroom apartment of 695 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 13 February 2024 for AED 685,000, or AED 985 per sqft, 5% above the AED 935 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 1 December 2023, is AED 50,000 a year: a gross yield of 7.3% on the 2024 price, before the service charge of about AED 9,900 a year.

Sales and rents for 221 over time

Sales
Unit 221, each saleTypical one-bed in Chaimaa Premiere
600K700K800K20182020202220242026Typical sale price by year: 2018 AED 692,000; 2019 AED 713,000; 2020 AED 726,800; 2023 AED 630,000; 2024 AED 750,000; 2025 AED 775,000Sold by developer, April 2019: AED 615,000 (AED 885 per sqft)Sold, February 2024: AED 685,000 (AED 985 per sqft)

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

Rents
Unit 221, each contractTypical one-bed in Chaimaa Premiere
50K60K20192021202320252027Typical rent by year: 2019 AED 50,000; 2020 AED 45,000; 2021 AED 47,000; 2022 AED 48,500; 2023 AED 50,000; 2024 AED 55,000; 2025 AED 61,000; 2026 AED 63,500New contract, November 2022: AED 45,000 a yearNew contract, December 2023: AED 50,000 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 Premiere, and where 221 sits

All 36 1-beds →

221 last sold in February 2024 at AED 985 per sqft, 5% above what one-beds in Chaimaa Premiere were fetching at the time (AED 935). Over the last 12 months one-beds sold for AED 765,000, around AED 923 per sqft, and rent for AED 51,150 to 91,200 a year. 221's AED 50,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Jul 202698,095
23 Apr 2026765,000
19 Jan 202615,158
25 Jun 2025750,000
3 1-bed 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

221, Chaimaa Premiere in numbers

  • Sold twice: first on 10 April 2019 for AED 615,000, last on 13 February 2024 for AED 685,000 (AED 985 per sqft).
  • Rented since November 2022 on 2 Ejari contracts, from AED 45,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2024 price is 7.3%, before a service charge of about AED 9,900 a year (AED 14.25 per sqft).
  • One-beds in Chaimaa Premiere sold for AED 765,000–765,000 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 13 February 2024.

Questions about 221, Chaimaa Premiere

What did unit 221 last sell for?

AED 685,000 on 13 February 2024: AED 985 per sqft for 695 sqft. The unit has 2 registered sales; the first was AED 615,000 in April 2019.

What is the rent for unit 221?

AED 50,000 a year on the contract signed on 1 December 2023. The previous contract, from November 2022, was AED 45,000.

How big is unit 221?

695 sqft (64.6 sqm): a one-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2019.

What is unit 221 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Chaimaa Premiere sold for AED 765,000 to 765,000 in the last 12 months, around AED 923 per sqft.

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Mortgage on 221, Chaimaa Premiere

Starts from the last sale price (AED 685K, 13 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 685,000
Deposit, UAE resident (20%)
AED 137,000
Deposit, non-resident (40%)
AED 274,000
Monthly over 25 years at 3.7%
AED 2,803

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