Studio · 420 sqftCrystal Residences, Jumeirah Village Circle (JVC) · 1st floor · completed 2018

116, Crystal Residences

Sold prices and rental history: sold once, by the developer in April 2017, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 116 · DLD and Ejari recordsUpdated 12 July 2023
Last soldAED 399K26 April 2017
Current rentAED 28K /yr12 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 116, Crystal Residences

What is 116 worth today?

Last sold for AED 399,114 in 2017

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12 Jul 2023RentedRenewal
AED 27,600/yr12 months · AED 66 per sqft
12 Jul 2022RentedRenewal
AED 25,000/yr12 months · AED 60 per sqft
12 Jul 2021RentedRenewal
AED 25,000/yr12 months · AED 60 per sqft
12 Jul 2020RentedNew contract
AED 24,000/yr12 months · AED 57 per sqft
20 Apr 2019RentedNew contract
AED 30,000/yr12 months · AED 71 per sqft
26 Apr 2017Sold by developerOff-plan
AED 399,114AED 951 per sqft

Source: Dubai Land Department. Updated 12 July 2023.

Key facts

Type
Studio apartment
Size
420 sqft
Floor
1st of 5
Parking
G-35
Developer
Myra Real Estate Deveiopment
Completed
2018
Service charge
AED 5,500 /yr
Last sold
AED 399K · April 2017

About 116, Crystal Residences

116 is a studio of 420 sqft on the 1st floor of Crystal Residences, a 5-storey tower in Jumeirah Village Circle (JVC) completed in 2018 by Myra Real Estate Deveiopment . The developer sold it on 26 April 2017 for AED 399,114, or AED 951 per sqft, in line with the AED 950 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 12 July 2023, is AED 27,600 a year: a gross yield of 6.9% on the 2017 price, before the service charge of about AED 5,500 a year.

Sales and rents for 116 over time

Sales
Unit 116, each saleTypical studio in Crystal Residences
400K600K2016201920222025Typical sale price by year: 2016 AED 405,175; 2017 AED 407,462; 2018 AED 414,280; 2019 AED 405,000; 2020 AED 335,000; 2021 AED 330,000; 2022 AED 400,000; 2023 AED 422,500; 2024 AED 500,000; 2025 AED 580,000; 2026 AED 500,000Sold by developer, April 2017: AED 399,114 (AED 951 per sqft)

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

Rents
Unit 116, each contractTypical studio in Crystal Residences
30K40K20192021202320252027Typical rent by year: 2019 AED 34,000; 2020 AED 27,500; 2021 AED 25,000; 2022 AED 29,000; 2023 AED 34,325; 2024 AED 42,000; 2025 AED 45,000; 2026 AED 45,000New contract, April 2019: AED 30,000 a yearNew contract, July 2020: AED 24,000 a yearRenewal, July 2021: AED 25,000 a yearRenewal, July 2022: AED 25,000 a yearRenewal, July 2023: AED 27,600 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Crystal Residences, and where 116 sits

All 142 studios →

116 last sold in April 2017 at AED 951 per sqft, in line with what studios in Crystal Residences were fetching at the time (AED 950). Over the last 12 months studios sold for AED 500,000 to 530,000, around AED 974 per sqft, and rent for AED 38,000 to 70,000 a year. 116's AED 27,600 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
23 Jul 2026530,000
18 May 2026500,000
19 Jan 2026500,000
23 Oct 2025575,000
3 studio sales in the last 12 months

Crystal Residences

Building

225 apartments, studios to 3-bed over 5 floors in Jumeirah Village Circle (JVC), completed in 2018 by Myra Real Estate Deveiopment . 7 sold in the last 12 months.

Typical price per sqft
AED 974
Typical sale
AED 560K
Typical rent
AED 57K /yr
Typical yield
9.5%
Crystal Residences, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 1st floor

All 225 units in Crystal Residences
Value
1011-bedAED 760K · Oct 2023
102StudioAED 399K · Feb 2017
103StudioAED 530K · Jul 2026
104StudioAED 399K · Apr 2017
105StudioAED 515K · May 2024
106StudioAED 490K · Nov 2023
107StudioAED 400K · Oct 2018
1–7 of 50

116, Crystal Residences in numbers

  • Sold once: by Myra Real Estate Deveiopment on 26 April 2017 for AED 399,114, or AED 951 per sqft.
  • Rented since April 2019 on 5 Ejari contracts. The rent fell from AED 30,000 to AED 24,000 in 2020 and recovered to AED 27,600 by July 2023.
  • At AED 27,600 a year the gross yield on the 2017 price is 6.9%, before a service charge of about AED 5,500 a year (AED 13.18 per sqft).
  • Studios in Crystal Residences sold for AED 500,000–530,000 in the 12 months to November 2026; the building's median across all types is AED 974 per sqft.

Source: Dubai Land Department. Updated 12 July 2023.

Questions about 116, Crystal Residences

What did unit 116 last sell for?

AED 399,114 on 26 April 2017, sold by the developer: AED 951 per sqft for 420 sqft. It is the only registered sale of the unit.

What is the rent for unit 116?

AED 27,600 a year on the contract renewed on 12 July 2023. The previous contract, from July 2022, was AED 25,000; the unit has been rented since April 2019.

How big is unit 116?

420 sqft (39.0 sqm): a studio on the 1st floor of a 5-storey tower completed in 2018.

What is unit 116 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Crystal Residences sold for AED 500,000 to 530,000 in the last 12 months, around AED 974 per sqft.

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Mortgage on 116, Crystal Residences

Starts from the last sale price (AED 399K, 26 April 2017). Switch to today's estimate once you have unlocked it.
Price
AED 399,114
Deposit, UAE resident (20%)
AED 79,823
Deposit, non-resident (40%)
AED 159,646
Monthly over 25 years at 3.7%
AED 1,633

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