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Studio · 540 sqftChaimaa Premiere, Jumeirah Village Circle (JVC) · 3rd floor · completed 2019

305, Chaimaa Premiere

Sold prices and rental history: sold twice, last in April 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305 · DLD and Ejari recordsUpdated 25 April 2024
Last soldAED 550K25 April 2024
Current rentAED 38K /yr6 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 305, Chaimaa Premiere

What is 305 worth today?

Last sold for AED 550,000 in 2024

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25 Apr 2024SoldReady
AED 550,000AED 1,019 per sqft
6 Jan 2023RentedNew contract
AED 38,000/yr12 months · AED 71 per sqft
21 Apr 2021RentedNew contract
AED 28,000/yr12 months · AED 52 per sqft
1 Mar 2020RentedNew contract
AED 40,000/yr12 months · AED 74 per sqft
18 Feb 2020Sold by developerReady
AED 614,000AED 1,137 per sqft

Source: Dubai Land Department. Updated 25 April 2024.

Key facts

Type
Studio apartment
Size
540 sqft
Floor
3rd of 4
Parking
B-45
Developer
Deval Real Estate Development
Completed
2019
Service charge
AED 7,700 /yr
Last sold
AED 550K · April 2024
Building
Chaimaa Premiere

About 305, Chaimaa Premiere

305 is a studio of 540 sqft on the 3rd 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 25 April 2024 for AED 550,000, or AED 1,019 per sqft, 5% above the AED 975 studios in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 6 January 2023, is AED 38,000 a year: a gross yield of 6.9% on the 2024 price, before the service charge of about AED 7,700 a year.

Sales and rents for 305 over time

Sales
Unit 305, each saleTypical studio in Chaimaa Premiere
500K600K2018202020222024Typical 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 614,000 (AED 1,137 per sqft)Sold, April 2024: AED 550,000 (AED 1,019 per sqft)

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

Rents
Unit 305, 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, March 2020: AED 40,000 a yearNew contract, April 2021: AED 28,000 a yearNew contract, January 2023: AED 38,000 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 305 sits

All 51 studios →

305 last sold in April 2024 at AED 1,019 per sqft, 5% above what studios in Chaimaa Premiere were fetching at the time (AED 975). 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. 305's AED 38,000 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 3rd floor

All 92 units in Chaimaa Premiere
Value
3011-bedAED 98K · Jul 2026
302StudioAED 536K · Apr 2019
303StudioAED 540K · Jan 2024
304StudioAED 560K · May 2019
306StudioAED 614K · Nov 2019
307StudioAED 573K · May 2019
308StudioAED 562K · Feb 2020
1–7 of 23

305, Chaimaa Premiere in numbers

  • Sold twice: first on 18 February 2020 for AED 614,000, last on 25 April 2024 for AED 550,000 (AED 1,019 per sqft).
  • Rented since March 2020 on 3 Ejari contracts. The rent fell from AED 40,000 to AED 28,000 in 2021 and recovered to AED 38,000 by January 2023.
  • At AED 38,000 a year the gross yield on the 2024 price is 6.9%, 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 25 April 2024.

Questions about 305, Chaimaa Premiere

What did unit 305 last sell for?

AED 550,000 on 25 April 2024: AED 1,019 per sqft for 540 sqft. The unit has 2 registered sales; the first was AED 614,000 in February 2020.

What is the rent for unit 305?

AED 38,000 a year on the contract signed on 6 January 2023. The previous contract, from April 2021, was AED 28,000; the unit has been rented since March 2020.

How big is unit 305?

540 sqft (50.2 sqm): a studio on the 3rd floor of a 4-storey tower completed in 2019.

What is unit 305 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 305, Chaimaa Premiere

Starts from the last sale price (AED 550K, 25 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 550,000
Deposit, UAE resident (20%)
AED 110,000
Deposit, non-resident (40%)
AED 220,000
Monthly over 25 years at 3.7%
AED 2,250

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