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Studio · 421 sqftCrystal Residences, Jumeirah Village Circle (JVC) · 2nd floor · completed 2018

240, Crystal Residences

Sold prices and rental history: sold once, by the developer in January 2018, and rented once, from September 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 240 · DLD and Ejari recordsUpdated 28 September 2021
Last soldAED 430K8 January 2018
Current rentAED 40K /yr28 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 240, Crystal Residences

What is 240 worth today?

Last sold for AED 430,200 in 2018

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28 Sep 2021RentedNew contract
AED 39,600/yr12 months · AED 94 per sqft
8 Jan 2018Sold by developerOff-plan
AED 430,200AED 1,022 per sqft

Source: Dubai Land Department. Updated 28 September 2021.

Key facts

Type
Studio apartment
Size
421 sqft
Floor
2nd of 5
Parking
P-118
Developer
Myra Real Estate Deveiopment
Completed
2018
Service charge
AED 5,500 /yr
Last sold
AED 430K · January 2018
Building
Crystal Residences

About 240, Crystal Residences

240 is a studio of 421 sqft on the 2nd 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 8 January 2018 for AED 430,200, or AED 1,022 per sqft, 7% above the AED 952 studios in the building were fetching at the time.

One Ejari contract is registered, from 28 September 2021. The current contract, signed on 28 September 2021, is AED 39,600 a year: a gross yield of 9.2% on the 2018 price, before the service charge of about AED 5,500 a year.

Sales and rents for 240 over time

Sales
Unit 240, 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, January 2018: AED 430,200 (AED 1,022 per sqft)

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

Rents
Unit 240, 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, September 2021: AED 39,600 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 240 sits

All 142 studios →

240 last sold in January 2018 at AED 1,022 per sqft, 7% above what studios in Crystal Residences were fetching at the time (AED 952). 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. 240's AED 39,600 is in the lower half 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 55K /yr
Typical yield
9.6%
Crystal Residences, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 2nd floor

All 225 units in Crystal Residences
Value
2011-bedAED 730K · Nov 2017
202StudioAED 418K · Dec 2016
203StudioAED 440K · Nov 2023
204StudioAED 410K · Sep 2018
205StudioAED 439K · Dec 2017
206StudioAED 418K · Oct 2017
207StudioAED 420K · Oct 2017
1–7 of 52

240, Crystal Residences in numbers

  • Sold once: by Myra Real Estate Deveiopment on 8 January 2018 for AED 430,200, or AED 1,022 per sqft.
  • Rented since September 2021 on one Ejari contract, at AED 39,600 a year.
  • At AED 39,600 a year the gross yield on the 2018 price is 9.2%, 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 28 September 2021.

Questions about 240, Crystal Residences

What did unit 240 last sell for?

AED 430,200 on 8 January 2018, sold by the developer: AED 1,022 per sqft for 421 sqft. It is the only registered sale of the unit.

What is the rent for unit 240?

AED 39,600 a year on the contract signed on 28 September 2021.

How big is unit 240?

421 sqft (39.1 sqm): a studio on the 2nd floor of a 5-storey tower completed in 2018.

What is unit 240 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 240, Crystal Residences

Starts from the last sale price (AED 430K, 8 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 430,200
Deposit, UAE resident (20%)
AED 86,040
Deposit, non-resident (40%)
AED 172,080
Monthly over 25 years at 3.7%
AED 1,760

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