408, Chaimaa Premiere
Sold prices and rental history: sold twice, last in November 2023, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Chaimaa Premiere
What is 408 worth today?
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Source: Dubai Land Department. Updated 3 November 2023.
Key facts
- Type
- Studio apartment
- Size
- 477 sqft
- Floor
- 4th of 4
- Parking
- P-42
- Developer
- Deval Real Estate Development
- Completed
- 2019
- Service charge
- AED 6,800 /yr
- Last sold
- AED 465K · November 2023
- Building
- Chaimaa Premiere
About 408, Chaimaa Premiere
408 is a studio of 477 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 . It last sold on 3 November 2023 for AED 465,000, or AED 975 per sqft, 7% above the AED 915 studios in the building were fetching at the time.
It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 14 April 2022, is AED 32,000 a year: a gross yield of 6.9% on the 2023 price, before the service charge of about AED 6,800 a year.
Sales and rents for 408 over time
408 has sold twice; the dashed line is the studio median of each year in the building.
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 408 sits
All 51 studios →408 last sold in November 2023 at AED 975 per sqft, 7% above what studios in Chaimaa Premiere were fetching at the time (AED 915). 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. 408's AED 32,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Mar 20262 March 2026 | 540 sqft | 578,000 | 1,071 | ||
| 8 Jan 20268 January 2026 | 533 sqft | 560,000 | 1,050 | ||
| 23 Oct 202523 October 2025 | 540 sqft | 600,000 | 1,111 | ||
| 19 Jun 202519 June 2025 | 488 sqft | 475,000 | 973 |
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 | ||
| 405 | 2-bed | 1,623 sqft | AED 1.2MAED 1,200,000 · Aug 2020August 2020 | 78,000 /yr | |
| 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 | |
| 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 |
408, Chaimaa Premiere in numbers
- Sold twice: first on 30 April 2018 for AED 490,000, last on 3 November 2023 for AED 465,000 (AED 975 per sqft).
- Rented since July 2019 on 3 Ejari contracts, from AED 41,000 to AED 32,000 a year.
- At AED 32,000 a year the gross yield on the 2023 price is 6.9%, before a service charge of about AED 6,800 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 3 November 2023.
Questions about 408, Chaimaa Premiere
What did unit 408 last sell for?
AED 465,000 on 3 November 2023: AED 975 per sqft for 477 sqft. The unit has 2 registered sales; the first was AED 490,000 in April 2018.
What is the rent for unit 408?
AED 32,000 a year on the contract signed on 14 April 2022. The previous contract, from March 2021, was AED 30,000; the unit has been rented since July 2019.
How big is unit 408?
477 sqft (44.3 sqm): a studio on the 4th floor of a 4-storey tower completed in 2019.
What is unit 408 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 408, Chaimaa Premiere
Starts from the last sale price (AED 465K, 3 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 465,000
- Deposit, UAE resident (20%)
- AED 93,000
- Deposit, non-resident (40%)
- AED 186,000
- Monthly over 25 years at 3.7%
- AED 1,902
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →