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1-bed · 690 sqftChaimaa Premiere, Jumeirah Village Circle (JVC) · 3rd floor · completed 2019

318, Chaimaa Premiere

Sold prices and rental history: sold twice, last in November 2022, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 318 · DLD and Ejari recordsUpdated 18 July 2024
Last soldAED 500K2 November 2022
Current rentAED 64K /yr18 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 318, Chaimaa Premiere

What is 318 worth today?

Last sold for AED 499,999 in 2022

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18 Jul 2024RentedNew contract
AED 64,000/yr12 months · AED 93 per sqft
10 Jun 2023RentedNew contract
AED 54,000/yr12 months · AED 78 per sqft
14 Nov 2022RentedNew contract
AED 54,000/yr12 months · AED 78 per sqft
2 Nov 2022SoldReady
AED 499,999AED 724 per sqft
5 Nov 2020RentedNew contract
AED 40,000/yr12 months · AED 58 per sqft
23 Feb 2020Sold by developerReady
AED 588,800AED 853 per sqft

Source: Dubai Land Department. Updated 18 July 2024.

Key facts

Type
1-bed apartment
Size
690 sqft
Floor
3rd of 4
Parking
B-23
Developer
Deval Real Estate Development
Completed
2019
Service charge
AED 9,800 /yr
Last sold
AED 500K · November 2022
Building
Chaimaa Premiere

About 318, Chaimaa Premiere

318 is a one-bedroom apartment of 690 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 2 November 2022 for AED 499,999, or AED 724 per sqft.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 18 July 2024, is AED 64,000 a year: a gross yield of 12.8% on the 2022 price, before the service charge of about AED 9,800 a year.

Sales and rents for 318 over time

Sales
Unit 318, each saleTypical one-bed in Chaimaa Premiere
600K800K20182020202220242026Typical 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, February 2020: AED 588,800 (AED 853 per sqft)Sold, November 2022: AED 499,999 (AED 724 per sqft)

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

Rents
Unit 318, each contractTypical one-bed in Chaimaa Premiere
40K60K20192021202320252027Typical 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 2020: AED 40,000 a yearNew contract, November 2022: AED 54,000 a yearNew contract, June 2023: AED 54,000 a yearNew contract, July 2024: AED 64,000 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 318 sits

All 36 1-beds →

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. 318's AED 64,000 is in the lower half 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 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

318, Chaimaa Premiere in numbers

  • Sold twice: first on 23 February 2020 for AED 588,800, last on 2 November 2022 for AED 499,999 (AED 724 per sqft).
  • Rented since November 2020 on 4 Ejari contracts, from AED 40,000 to AED 64,000 a year.
  • At AED 64,000 a year the gross yield on the 2022 price is 12.8%, before a service charge of about AED 9,800 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 18 July 2024.

Questions about 318, Chaimaa Premiere

What did unit 318 last sell for?

AED 499,999 on 2 November 2022: AED 724 per sqft for 690 sqft. The unit has 2 registered sales; the first was AED 588,800 in February 2020.

What is the rent for unit 318?

AED 64,000 a year on the contract signed on 18 July 2024. The previous contract, from June 2023, was AED 54,000; the unit has been rented since November 2020.

How big is unit 318?

690 sqft (64.1 sqm): a one-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2019.

What is unit 318 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 318, Chaimaa Premiere

Starts from the last sale price (AED 500K, 2 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 499,999
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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