405, Chaimaa Premiere
Sold prices and rental history: sold once, by the developer in August 2020, and rented once, from December 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 405, Chaimaa Premiere
What is 405 worth today?
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Source: Dubai Land Department. Updated 10 December 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 1,623 sqft
- Floor
- 4th of 4
- Parking
- B-58
- Developer
- Deval Real Estate Development
- Completed
- 2019
- Service charge
- AED 23,100 /yr
- Last sold
- AED 1.2M · August 2020
- Building
- Chaimaa Premiere
About 405, Chaimaa Premiere
405 is a two-bedroom apartment of 1,623 sqft on the 4th 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 24 August 2020 for AED 1,200,000, or AED 739 per sqft, 37% above the AED 540 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 10 December 2021. The current contract, signed on 10 December 2021, is AED 78,000 a year: a gross yield of 6.5% on the 2020 price, before the service charge of about AED 23,100 a year.
Sales and rents for 405 over time
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Chaimaa Premiere, and where 405 sits
All 5 2-beds →405 last sold in August 2020 at AED 739 per sqft, 37% above what two-beds in Chaimaa Premiere were fetching at the time (AED 540). 405's AED 78,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 May 202318 May 2023 | 2,806 sqft | 1,400,000 | 498 | ||
| 28 Jan 202028 January 2020 | 2,806 sqft | 625,000 | 222 | ||
| 5 Jan 20205 January 2020 | 3,229 sqft | 1,100,000 | 340 | ||
| 27 Mar 201827 March 2018 | 3,621 sqft | 1,350,000 | 372 |
Chaimaa Premiere
Building92 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%
Other units on the 4th floor
All 92 units in Chaimaa Premiere| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 3,229 sqft | AED 1.1MAED 1,100,000 · Jan 2020January 2020 | 110,000 /yr | |
| 402 | 2-bed | 2,981 sqft | AED 1.3MAED 1,300,000 · Mar 2018March 2018 | 130,000 /yr | |
| 403 | 2-bed | 4,305 sqft | AED 1.35MAED 1,350,000 · Mar 2018March 2018 | 125,000 /yr | |
| 404 | 2-bed | 2,806 sqft | AED 1.4MAED 1,400,000 · May 2023May 2023 | ||
| 406 | 1-bed | 690 sqft | AED 656KAED 656,253 · Sep 2018September 2018 | 44,000 /yr | |
| 407 | 1-bed | 774 sqft | AED 610KAED 610,000 · Mar 2024March 2024 | 57,750 /yr | |
| 408 | Studio | 477 sqft | AED 465KAED 465,000 · Nov 2023November 2023 | 32,000 /yr | |
| 409 | 1-bed | 685 sqft | AED 685KAED 684,820 · Jun 2019June 2019 | 51,150 /yr | |
| 410 | 1-bed | 739 sqft | AED 703KAED 703,472 · Sep 2018September 2018 | 55,000 /yr | |
| 411 | 1-bed | 746 sqft | AED 760KAED 760,000 · Jul 2019July 2019 | 53,000 /yr | |
| 412 | 1-bed | 749 sqft | AED 714KAED 714,227 · Sep 2018September 2018 | 60,000 /yr |
405, Chaimaa Premiere in numbers
- Sold once: by Deval Real Estate Development on 24 August 2020 for AED 1,200,000, or AED 739 per sqft.
- Rented since December 2021 on one Ejari contract, at AED 78,000 a year.
- At AED 78,000 a year the gross yield on the 2020 price is 6.5%, before a service charge of about AED 23,100 a year (AED 14.25 per sqft).
Source: Dubai Land Department. Updated 10 December 2021.
Questions about 405, Chaimaa Premiere
What did unit 405 last sell for?
AED 1,200,000 on 24 August 2020, sold by the developer: AED 739 per sqft for 1,623 sqft. It is the only registered sale of the unit.
What is the rent for unit 405?
AED 78,000 a year on the contract signed on 10 December 2021.
How big is unit 405?
1,623 sqft (150.8 sqm): a two-bedroom apartment on the 4th floor of a 4-storey tower completed in 2019.
What is unit 405 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 405, Chaimaa Premiere
Starts from the last sale price (AED 1.2M, 24 August 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,200,000
- Deposit, UAE resident (20%)
- AED 240,000
- Deposit, non-resident (40%)
- AED 480,000
- Monthly over 25 years at 3.7%
- AED 4,910
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →