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Studio · 514 sqftChaimaa Premiere, Jumeirah Village Circle (JVC) · 3rd floor · completed 2019

316, Chaimaa Premiere

Sold prices and rental history: sold once, by the developer in April 2018, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 316 · DLD and Ejari recordsUpdated 18 April 2026
Last soldAED 512K23 April 2018
Current rentAED 45K /yr18 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 316, Chaimaa Premiere

What is 316 worth today?

Last sold for AED 512,345 in 2018

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18 Apr 2026RentedRenewal
AED 45,000/yr12 months · AED 88 per sqft
18 Apr 2025RentedNew contract
AED 45,000/yr12 months · AED 88 per sqft
18 Apr 2025RentedNew contract
AED 45,000/yr12 months · AED 88 per sqft
17 Dec 2022RentedNew contract
AED 35,000/yr12 months · AED 68 per sqft
30 Sep 2021RentedNew contract
AED 25,000/yr12 months · AED 49 per sqft
30 Jan 2020RentedNew contract
AED 32,905/yr12 months · AED 64 per sqft
23 Apr 2018Sold by developerOff-plan
AED 512,345AED 996 per sqft

Source: Dubai Land Department. Updated 18 April 2026.

Key facts

Type
Studio apartment
Size
514 sqft
Floor
3rd of 4
Parking
B-06
Developer
Deval Real Estate Development
Completed
2019
Service charge
AED 7,300 /yr
Last sold
AED 512K · April 2018
Building
Chaimaa Premiere

About 316, Chaimaa Premiere

316 is a studio of 514 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 23 April 2018 for AED 512,345, or AED 996 per sqft.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 18 April 2026, is AED 45,000 a year: a gross yield of 8.8% on the 2018 price, before the service charge of about AED 7,300 a year.

Sales and rents for 316 over time

Sales
Unit 316, 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, April 2018: AED 512,345 (AED 996 per sqft)

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

Rents
Unit 316, 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, January 2020: AED 32,905 a yearNew contract, September 2021: AED 25,000 a yearNew contract, December 2022: AED 35,000 a yearNew contract, April 2025: AED 45,000 a yearNew contract, April 2025: AED 45,000 a yearRenewal, April 2026: AED 45,000 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 316 sits

All 51 studios →

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. 316's AED 45,000 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

316, Chaimaa Premiere in numbers

  • Sold once: by Deval Real Estate Development on 23 April 2018 for AED 512,345, or AED 996 per sqft.
  • Rented since January 2020 on 6 Ejari contracts. The rent fell from AED 32,905 to AED 25,000 in 2021 and recovered to AED 45,000 by April 2026.
  • At AED 45,000 a year the gross yield on the 2018 price is 8.8%, before a service charge of about AED 7,300 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 18 April 2026.

Questions about 316, Chaimaa Premiere

What did unit 316 last sell for?

AED 512,345 on 23 April 2018, sold by the developer: AED 996 per sqft for 514 sqft. It is the only registered sale of the unit.

What is the rent for unit 316?

AED 45,000 a year on the contract renewed on 18 April 2026. The previous contract, from April 2025, was AED 45,000; the unit has been rented since January 2020.

How big is unit 316?

514 sqft (47.8 sqm): a studio on the 3rd floor of a 4-storey tower completed in 2019.

What is unit 316 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 316, Chaimaa Premiere

Starts from the last sale price (AED 512K, 23 April 2018). Switch to today's estimate once you have unlocked it.
Price
AED 512,345
Deposit, UAE resident (20%)
AED 102,469
Deposit, non-resident (40%)
AED 204,938
Monthly over 25 years at 3.7%
AED 2,096

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