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Studio · 414 sqftCrystal Residences, Jumeirah Village Circle (JVC) · 3rd floor · completed 2018

308, Crystal Residences

Sold prices and rental history: sold twice, last in December 2018, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 29 August 2022
Last soldAED 405K20 December 2018
Current rentAED 28K /yr29 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 308, Crystal Residences

What is 308 worth today?

Last sold for AED 405,000 in 2018

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29 Aug 2022RentedNew contract
AED 28,000/yr12 months · AED 67 per sqft
1 Jan 2021RentedNew contract
AED 23,000/yr12 months · AED 55 per sqft
1 Jun 2019RentedNew contract
AED 30,000/yr12 months · AED 71 per sqft
20 Dec 2018SoldOff-plan
AED 405,000AED 978 per sqft
15 Jan 2017Sold by developerOff-plan
AED 372,483AED 899 per sqft

Source: Dubai Land Department. Updated 29 August 2022.

Key facts

Type
Studio apartment
Size
414 sqft
Floor
3rd of 5
Parking
P-139
Developer
Myra Real Estate Deveiopment
Completed
2018
Service charge
AED 5,500 /yr
Last sold
AED 405K · December 2018
Building
Crystal Residences

About 308, Crystal Residences

308 is a studio of 414 sqft on the 3rd floor of Crystal Residences, a 5-storey tower in Jumeirah Village Circle (JVC) completed in 2018 by Myra Real Estate Deveiopment . It last sold on 20 December 2018 for AED 405,000, or AED 978 per sqft, in line with the AED 999 studios in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 29 August 2022, is AED 28,000 a year: a gross yield of 6.9% on the 2018 price, before the service charge of about AED 5,500 a year.

Sales and rents for 308 over time

Sales
Unit 308, 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 2017: AED 372,483 (AED 899 per sqft)Sold, December 2018: AED 405,000 (AED 978 per sqft)

308 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 308, 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, June 2019: AED 30,000 a yearNew contract, January 2021: AED 23,000 a yearNew contract, August 2022: AED 28,000 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 308 sits

All 142 studios →

308 last sold in December 2018 at AED 978 per sqft, in line with what studios in Crystal Residences were fetching at the time (AED 999). 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. 308's AED 28,000 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 55K /yr
Typical yield
9.6%
Crystal Residences, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 3rd floor

All 225 units in Crystal Residences
Value
3011-bedAED 735K · Jun 2017
302StudioAED 416K · Jul 2017
303StudioAED 340K · Oct 2022
304StudioAED 397K · Feb 2017
305StudioAED 510K · Jan 2025
306StudioAED 376K · Jan 2017
307StudioAED 401K · May 2017
1–7 of 52

308, Crystal Residences in numbers

  • Sold twice: first on 15 January 2017 for AED 372,483, last on 20 December 2018 for AED 405,000 (AED 978 per sqft).
  • Rented since June 2019 on 3 Ejari contracts. The rent fell from AED 30,000 to AED 23,000 in 2021 and recovered to AED 28,000 by August 2022.
  • At AED 28,000 a year the gross yield on the 2018 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 29 August 2022.

Questions about 308, Crystal Residences

What did unit 308 last sell for?

AED 405,000 on 20 December 2018: AED 978 per sqft for 414 sqft. The unit has 2 registered sales; the first was AED 372,483 in January 2017.

What is the rent for unit 308?

AED 28,000 a year on the contract signed on 29 August 2022. The previous contract, from January 2021, was AED 23,000; the unit has been rented since June 2019.

How big is unit 308?

414 sqft (38.5 sqm): a studio on the 3rd floor of a 5-storey tower completed in 2018.

What is unit 308 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 308, Crystal Residences

Starts from the last sale price (AED 405K, 20 December 2018). Switch to today's estimate once you have unlocked it.
Price
AED 405,000
Deposit, UAE resident (20%)
AED 81,000
Deposit, non-resident (40%)
AED 162,000
Monthly over 25 years at 3.7%
AED 1,657

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