Studio · 441 sqftCrystal Residences, Jumeirah Village Circle (JVC) · 5th floor · completed 2018

515, Crystal Residences

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

Unit 515 · DLD and Ejari recordsUpdated 1 March 2024
Last soldAED 419K15 February 2017
Current rentAED 27K /yr1 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 515, Crystal Residences

What is 515 worth today?

Last sold for AED 418,627 in 2017

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1 Mar 2024RentedRenewal
AED 27,000/yr12 months · AED 61 per sqft
1 Mar 2022RentedRenewal
AED 26,000/yr12 months · AED 59 per sqft
1 Mar 2021RentedRenewal
AED 26,000/yr12 months · AED 59 per sqft
1 Mar 2020RentedRenewal
AED 32,000/yr12 months · AED 73 per sqft
1 Mar 2019RentedNew contract
AED 38,000/yr12 months · AED 86 per sqft
15 Feb 2017Sold by developerOff-plan
AED 418,627AED 949 per sqft

Source: Dubai Land Department. Updated 1 March 2024.

Key facts

Type
Studio apartment
Size
441 sqft
Floor
5th of 5
Parking
P-244
Developer
Myra Real Estate Deveiopment
Completed
2018
Service charge
AED 5,800 /yr
Last sold
AED 419K · February 2017

About 515, Crystal Residences

515 is a studio of 441 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 . The developer sold it on 15 February 2017 for AED 418,627, or AED 949 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 1 March 2024, is AED 27,000 a year: a gross yield of 6.5% on the 2017 price, before the service charge of about AED 5,800 a year.

Sales and rents for 515 over time

Sales
Unit 515, 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, February 2017: AED 418,627 (AED 949 per sqft)

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

Rents
Unit 515, 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 38,000 a yearRenewal, March 2020: AED 32,000 a yearRenewal, March 2021: AED 26,000 a yearRenewal, March 2022: AED 26,000 a yearRenewal, March 2024: AED 27,000 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 515 sits

All 142 studios →

515 last sold in February 2017 at AED 949 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. 515's AED 27,000 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
501StudioAED 400K · Dec 2022
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
1–7 of 14

515, Crystal Residences in numbers

  • Sold once: by Myra Real Estate Deveiopment on 15 February 2017 for AED 418,627, or AED 949 per sqft.
  • Rented since March 2019 on 5 Ejari contracts, from AED 38,000 to AED 27,000 a year.
  • At AED 27,000 a year the gross yield on the 2017 price is 6.5%, before a service charge of about AED 5,800 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 1 March 2024.

Questions about 515, Crystal Residences

What did unit 515 last sell for?

AED 418,627 on 15 February 2017, sold by the developer: AED 949 per sqft for 441 sqft. It is the only registered sale of the unit.

What is the rent for unit 515?

AED 27,000 a year on the contract renewed on 1 March 2024. The previous contract, from March 2022, was AED 26,000; the unit has been rented since March 2019.

How big is unit 515?

441 sqft (41.0 sqm): a studio on the 5th floor of a 5-storey tower completed in 2018.

What is unit 515 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 515, Crystal Residences

Starts from the last sale price (AED 419K, 15 February 2017). Switch to today's estimate once you have unlocked it.
Price
AED 418,627
Deposit, UAE resident (20%)
AED 83,725
Deposit, non-resident (40%)
AED 167,451
Monthly over 25 years at 3.7%
AED 1,713

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