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

308, Chaimaa Premiere

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

Unit 308 · DLD and Ejari recordsUpdated 1 March 2020
Last soldAED 562K10 February 2020
Current rentAED 37K /yr1 March 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 308, Chaimaa Premiere

What is 308 worth today?

Last sold for AED 562,051 in 2020

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1 Mar 2020RentedNew contract
AED 37,000/yr12 months · AED 69 per sqft
10 Feb 2020Sold by developerReady
AED 562,051AED 1,040 per sqft

Source: Dubai Land Department. Updated 1 March 2020.

Key facts

Type
Studio apartment
Size
540 sqft
Floor
3rd of 4
Parking
B-48
Developer
Deval Real Estate Development
Completed
2019
Service charge
AED 7,700 /yr
Last sold
AED 562K · February 2020
Building
Chaimaa Premiere

About 308, Chaimaa Premiere

308 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 . The developer sold it on 10 February 2020 for AED 562,051, or AED 1,040 per sqft, 4% above the AED 1,003 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 March 2020. The current contract, signed on 1 March 2020, is AED 37,000 a year: a gross yield of 6.6% on the 2020 price, before the service charge of about AED 7,700 a year.

Sales and rents for 308 over time

Sales
Unit 308, 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 562,051 (AED 1,040 per sqft)

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

Rents
Unit 308, 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 37,000 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 308 sits

All 51 studios →

308 last sold in February 2020 at AED 1,040 per sqft, 4% above what studios in Chaimaa Premiere were fetching at the time (AED 1,003). 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. 308's AED 37,000 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
305StudioAED 550K · Apr 2024
306StudioAED 614K · Nov 2019
307StudioAED 573K · May 2019
1–7 of 23

308, Chaimaa Premiere in numbers

  • Sold once: by Deval Real Estate Development on 10 February 2020 for AED 562,051, or AED 1,040 per sqft.
  • Rented since March 2020 on one Ejari contract, at AED 37,000 a year.
  • At AED 37,000 a year the gross yield on the 2020 price is 6.6%, 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 March 2020.

Questions about 308, Chaimaa Premiere

What did unit 308 last sell for?

AED 562,051 on 10 February 2020, sold by the developer: AED 1,040 per sqft for 540 sqft. It is the only registered sale of the unit.

What is the rent for unit 308?

AED 37,000 a year on the contract signed on 1 March 2020.

How big is unit 308?

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

What is unit 308 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 308, Chaimaa Premiere

Starts from the last sale price (AED 562K, 10 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 562,051
Deposit, UAE resident (20%)
AED 112,410
Deposit, non-resident (40%)
AED 224,820
Monthly over 25 years at 3.7%
AED 2,300

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