Studio · 432 sqftCrystal Residences, Jumeirah Village Circle (JVC) · 5th floor · completed 2018

501, Crystal Residences

Sold prices and rental history: sold twice, last in December 2022, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 16 December 2022
Last soldAED 400K16 December 2022
Current rentAED 30K /yr1 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Crystal Residences

What is 501 worth today?

Last sold for AED 400,000 in 2022

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16 Dec 2022SoldReady
AED 400,000AED 925 per sqft
1 Jul 2022RentedNew contract
AED 30,000/yr12 months · AED 70 per sqft
1 Mar 2021RentedNew contract
AED 26,000/yr12 months · AED 60 per sqft
1 Mar 2019RentedNew contract
AED 40,000/yr12 months · AED 93 per sqft
14 Dec 2016Sold by developerOff-plan
AED 411,179AED 951 per sqft

Source: Dubai Land Department. Updated 16 December 2022.

Key facts

Type
Studio apartment
Size
432 sqft
Floor
5th of 5
Parking
P-230
Developer
Myra Real Estate Deveiopment
Completed
2018
Service charge
AED 5,700 /yr
Last sold
AED 400K · December 2022

About 501, Crystal Residences

501 is a studio of 432 sqft on the 5th 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 16 December 2022 for AED 400,000, or AED 925 per sqft, 5% above the AED 879 studios in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 1 July 2022, is AED 30,000 a year: a gross yield of 7.5% on the 2022 price, before the service charge of about AED 5,700 a year.

Sales and rents for 501 over time

Sales
Unit 501, 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, December 2016: AED 411,179 (AED 951 per sqft)Sold, December 2022: AED 400,000 (AED 925 per sqft)

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

Rents
Unit 501, 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, March 2019: AED 40,000 a yearNew contract, March 2021: AED 26,000 a yearNew contract, July 2022: AED 30,000 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 501 sits

All 142 studios →

501 last sold in December 2022 at AED 925 per sqft, 5% above what studios in Crystal Residences were fetching at the time (AED 879). 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. 501's AED 30,000 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 5th floor

All 225 units in Crystal Residences
Value
502StudioAED 400K · Aug 2019
5031-bedAED 724K · Feb 2017
5041-bedAED 610K · Feb 2017
5051-bedAED 712K · Mar 2017
506StudioAED 410K · Feb 2017
507StudioAED 418K · Dec 2016
5081-bedAED 650K · Feb 2017
1–7 of 14

501, Crystal Residences in numbers

  • Sold twice: first on 14 December 2016 for AED 411,179, last on 16 December 2022 for AED 400,000 (AED 925 per sqft).
  • Rented since March 2019 on 3 Ejari contracts. The rent fell from AED 40,000 to AED 26,000 in 2021 and recovered to AED 30,000 by July 2022.
  • At AED 30,000 a year the gross yield on the 2022 price is 7.5%, before a service charge of about AED 5,700 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 16 December 2022.

Questions about 501, Crystal Residences

What did unit 501 last sell for?

AED 400,000 on 16 December 2022: AED 925 per sqft for 432 sqft. The unit has 2 registered sales; the first was AED 411,179 in December 2016.

What is the rent for unit 501?

AED 30,000 a year on the contract signed on 1 July 2022. The previous contract, from March 2021, was AED 26,000; the unit has been rented since March 2019.

How big is unit 501?

432 sqft (40.1 sqm): a studio on the 5th floor of a 5-storey tower completed in 2018.

What is unit 501 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 501, Crystal Residences

Starts from the last sale price (AED 400K, 16 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

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