1-bed · 690 sqftChaimaa Premiere, Jumeirah Village Circle (JVC) · 4th floor · completed 2019

406, Chaimaa Premiere

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

Unit 406 · DLD and Ejari recordsUpdated 1 January 2024
Last soldAED 656K4 September 2018
Current rentAED 44K /yr1 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Chaimaa Premiere

What is 406 worth today?

Last sold for AED 656,253 in 2018

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1 Jan 2024RentedRenewal
AED 44,000/yr12 months · AED 64 per sqft
1 Jan 2023RentedRenewal
AED 44,000/yr12 months · AED 64 per sqft
1 Jan 2022RentedRenewal
AED 40,000/yr12 months · AED 58 per sqft
1 Jan 2021RentedNew contract
AED 40,000/yr12 months · AED 58 per sqft
1 Jan 2020RentedNew contract
AED 40,000/yr12 months · AED 58 per sqft
4 Sep 2018Sold by developerOff-plan
AED 656,253AED 950 per sqft

Source: Dubai Land Department. Updated 1 January 2024.

Key facts

Type
1-bed apartment
Size
690 sqft
Floor
4th of 4
Parking
B-31
Developer
Deval Real Estate Development
Completed
2019
Service charge
AED 9,800 /yr
Last sold
AED 656K · September 2018

About 406, Chaimaa Premiere

406 is a one-bedroom apartment of 690 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 4 September 2018 for AED 656,253, or AED 950 per sqft, in line with the AED 945 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 1 January 2024, is AED 44,000 a year: a gross yield of 6.7% on the 2018 price, before the service charge of about AED 9,800 a year.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical one-bed in Chaimaa Premiere
700K800K20182020202220242026Typical 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, September 2018: AED 656,253 (AED 950 per sqft)

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

Rents
Unit 406, 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, January 2020: AED 40,000 a yearNew contract, January 2021: AED 40,000 a yearRenewal, January 2022: AED 40,000 a yearRenewal, January 2023: AED 44,000 a yearRenewal, January 2024: AED 44,000 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 406 sits

All 36 1-beds →

406 last sold in September 2018 at AED 950 per sqft, in line with what one-beds in Chaimaa Premiere were fetching at the time (AED 945). 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. 406's AED 44,000 is at the bottom 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 4th floor

All 92 units in Chaimaa Premiere
Value
4012-bedAED 1.1M · Jan 2020
4022-bedAED 1.3M · Mar 2018
4032-bedAED 1.35M · Mar 2018
4042-bedAED 1.4M · May 2023
4052-bedAED 1.2M · Aug 2020
4071-bedAED 610K · Mar 2024
408StudioAED 465K · Nov 2023
1–7 of 11

406, Chaimaa Premiere in numbers

  • Sold once: by Deval Real Estate Development on 4 September 2018 for AED 656,253, or AED 950 per sqft.
  • Rented since January 2020 on 5 Ejari contracts, from AED 40,000 to AED 44,000 a year.
  • At AED 44,000 a year the gross yield on the 2018 price is 6.7%, 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 1 January 2024.

Questions about 406, Chaimaa Premiere

What did unit 406 last sell for?

AED 656,253 on 4 September 2018, sold by the developer: AED 950 per sqft for 690 sqft. It is the only registered sale of the unit.

What is the rent for unit 406?

AED 44,000 a year on the contract renewed on 1 January 2024. The previous contract, from January 2023, was AED 44,000; the unit has been rented since January 2020.

How big is unit 406?

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

What is unit 406 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 406, Chaimaa Premiere

Starts from the last sale price (AED 656K, 4 September 2018). Switch to today's estimate once you have unlocked it.
Price
AED 656,253
Deposit, UAE resident (20%)
AED 131,251
Deposit, non-resident (40%)
AED 262,501
Monthly over 25 years at 3.7%
AED 2,685

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