Studio · 452 sqftElectra, Jumeirah Village Circle (JVC) · 16th floor

1601, Electra

Sold prices and rental history: sold once, by the developer in July 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1601 · DLD and Ejari recordsUpdated 31 July 2024
Last soldAED 821K31 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1601, Electra

What is 1601 worth today?

Last sold for AED 820,619 in 2024

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31 Jul 2024Sold by developerOff-plan
AED 820,619AED 1,816 per sqft

Source: Dubai Land Department. Updated 31 July 2024.

Key facts

Type
Studio apartment
Size
452 sqft
Floor
16th of 32
Parking
1
Developer
Acube Real Estate Development
Last sold
AED 821K · July 2024
Building
Electra

About 1601, Electra

1601 is a studio of 452 sqft on the 16th floor of Electra, a 32-storey tower in Jumeirah Village Circle (JVC) by Acube Real Estate Development . The developer sold it on 31 July 2024 for AED 820,619, or AED 1,816 per sqft, 4% above the AED 1,745 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1601 over time

Sales
Unit 1601, each saleTypical studio in Electra
750K800K850K2024202520262027Typical sale price by year: 2024 AED 779,590; 2025 AED 850,540; 2026 AED 749,131Sold by developer, July 2024: AED 820,619 (AED 1,816 per sqft)

1601 has sold once; the dashed line is the studio median of each year in the building.

Studios in Electra, and where 1601 sits

All 85 studios →

1601 last sold in July 2024 at AED 1,816 per sqft, 4% above what studios in Electra were fetching at the time (AED 1,745). Over the last 12 months studios sold for AED 698,099 to 880,000, around AED 1,606 per sqft.

Recent studio salesUnit no.Price (AED)Summary
21 Oct 2026822,390
20 Oct 2026823,291
20 Oct 2026731,327
20 Oct 2026820,137
18 studio sales in the last 12 months

Electra

Building

202 apartments, studios to 3-bed over 32 floors in Jumeirah Village Circle (JVC) by Acube Real Estate Development . 31 sold in the last 12 months.

Typical price per sqft
AED 1,586 Up 3.1%
Typical sale
AED 823K
Typical rent
Few contracts
Typical yield
Electra, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 16th floor

All 202 units in Electra
Value
1602StudioAED 756K · Aug 2024
1603StudioAED 942K · Oct 2024
16042-bedAED 1.64M · Aug 2024
16051-bedAED 1.27M · Oct 2024
16061-bedAED 1.17M · Aug 2024
16071-bedAED 1.32M · Nov 2024
16081-bedAED 1.26M · Oct 2024
1–7 of 8

1601, Electra in numbers

  • Sold once: by Acube Real Estate Development on 31 July 2024 for AED 820,619, or AED 1,816 per sqft.
  • Studios in Electra sold for AED 698,099–880,000 in the 12 months to November 2026; the building's median across all types is AED 1,586 per sqft.

Source: Dubai Land Department. Updated 31 July 2024.

Questions about 1601, Electra

What did unit 1601 last sell for?

AED 820,619 on 31 July 2024, sold by the developer: AED 1,816 per sqft for 452 sqft. It is the only registered sale of the unit.

How big is unit 1601?

452 sqft (42.0 sqm): a studio on the 16th floor of a 32-storey tower.

What is unit 1601 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Electra sold for AED 698,099 to 880,000 in the last 12 months, around AED 1,606 per sqft.

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Mortgage on 1601, Electra

Starts from the last sale price (AED 821K, 31 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 820,619
Deposit, UAE resident (20%)
AED 164,124
Deposit, non-resident (40%)
AED 328,248
Monthly over 25 years at 3.7%
AED 3,357

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