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Studio · 424 sqftCrystal Residences, Jumeirah Village Circle (JVC) · 2nd floor · completed 2018

246, Crystal Residences

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

Unit 246 · DLD and Ejari recordsUpdated 5 October 2023
Last soldAED 395K11 June 2017
Current rentAED 34K /yr5 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 246, Crystal Residences

What is 246 worth today?

Last sold for AED 395,200 in 2017

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5 Oct 2023RentedNew contract
AED 34,000/yr12 months · AED 81 per sqft
31 Aug 2022RentedRenewal
AED 26,000/yr12 months · AED 62 per sqft
15 Aug 2021RentedNew contract
AED 23,000/yr12 months · AED 55 per sqft
10 May 2020RentedRenewal
AED 30,000/yr12 months · AED 71 per sqft
10 May 2019RentedNew contract
AED 32,000/yr12 months · AED 76 per sqft
11 Jun 2017Sold by developerOff-plan
AED 395,200AED 951 per sqft

Source: Dubai Land Department. Updated 5 October 2023.

Key facts

Type
Studio apartment
Size
424 sqft
Floor
2nd of 5
Parking
P-124
Developer
Myra Real Estate Deveiopment
Completed
2018
Service charge
AED 5,600 /yr
Last sold
AED 395K · June 2017
Building
Crystal Residences

About 246, Crystal Residences

246 is a studio of 424 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 11 June 2017 for AED 395,200, or AED 951 per sqft, in line with the AED 951 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 5 October 2023, is AED 34,000 a year: a gross yield of 8.6% on the 2017 price, before the service charge of about AED 5,600 a year.

Sales and rents for 246 over time

Sales
Unit 246, 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, June 2017: AED 395,200 (AED 951 per sqft)

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

Rents
Unit 246, each contractTypical studio in Crystal Residences
20K30K40K20192021202320252027Typical 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, May 2019: AED 32,000 a yearRenewal, May 2020: AED 30,000 a yearNew contract, August 2021: AED 23,000 a yearRenewal, August 2022: AED 26,000 a yearNew contract, October 2023: AED 34,000 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 246 sits

All 142 studios →

246 last sold in June 2017 at AED 951 per sqft, in line with what studios in Crystal Residences were fetching at the time (AED 951). 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. 246's AED 34,000 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 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

246, Crystal Residences in numbers

  • Sold once: by Myra Real Estate Deveiopment on 11 June 2017 for AED 395,200, or AED 951 per sqft.
  • Rented since May 2019 on 5 Ejari contracts. The rent fell from AED 32,000 to AED 23,000 in 2021 and recovered to AED 34,000 by October 2023.
  • At AED 34,000 a year the gross yield on the 2017 price is 8.6%, before a service charge of about AED 5,600 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 5 October 2023.

Questions about 246, Crystal Residences

What did unit 246 last sell for?

AED 395,200 on 11 June 2017, sold by the developer: AED 951 per sqft for 424 sqft. It is the only registered sale of the unit.

What is the rent for unit 246?

AED 34,000 a year on the contract signed on 5 October 2023. The previous contract, from August 2022, was AED 26,000; the unit has been rented since May 2019.

How big is unit 246?

424 sqft (39.4 sqm): a studio on the 2nd floor of a 5-storey tower completed in 2018.

What is unit 246 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 246, Crystal Residences

Starts from the last sale price (AED 395K, 11 June 2017). Switch to today's estimate once you have unlocked it.
Price
AED 395,200
Deposit, UAE resident (20%)
AED 79,040
Deposit, non-resident (40%)
AED 158,080
Monthly over 25 years at 3.7%
AED 1,617

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