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2-bed · 1,306 sqftG24 Tower, Jumeirah Village Circle (JVC) · 5th floor · completed 2020

501, G24 Tower

Sold prices and rental history: sold once, by the developer in December 2022, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 12 December 2022
Last soldAED 1.17M12 December 2022
Current rentAED 78K /yr1 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 501, G24 Tower

What is 501 worth today?

Last sold for AED 1,170,000 in 2022

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12 Dec 2022Sold by developerReady
AED 1,170,000AED 895 per sqft
1 Nov 2022RentedRenewal
AED 78,000/yr12 months · AED 60 per sqft
1 Nov 2021RentedRenewal
AED 76,000/yr12 months · AED 56 per sqft
1 Nov 2020RentedNew contract
AED 76,000/yr12 months · AED 56 per sqft

Source: Dubai Land Department. Updated 12 December 2022.

Key facts

Type
2-bed apartment
Size
1,306 sqft
Floor
5th of 13
Parking
P2-11
Developer
Rokane
Completed
2020
Last sold
AED 1.17M · December 2022
Building
G24 Tower

About 501, G24 Tower

501 is a two-bedroom apartment of 1,306 sqft on the 5th floor of G24 Tower, a 13-storey tower in Jumeirah Village Circle (JVC) completed in 2020 by Rokane. The developer sold it on 12 December 2022 for AED 1,170,000, or AED 895 per sqft.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 1 November 2022, is AED 78,000 a year: a gross yield of 6.7% on the 2022 price.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical two-bed in G24 Tower
1.2M1.3M20222023202420252026Typical sale price by year: 2022 AED 1,151,500; 2023 AED 1,182,500; 2025 AED 1,358,500Sold by developer, December 2022: AED 1,170,000 (AED 895 per sqft)

501 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 501, each contractTypical two-bed in G24 Tower
80K90K2020202220242026Typical rent by year: 2020 AED 76,000; 2021 AED 76,000; 2022 AED 76,000; 2023 AED 80,000; 2024 AED 89,381; 2025 AED 89,000; 2026 AED 86,500New contract, November 2020: AED 76,000 a yearRenewal, November 2021: AED 76,000 a yearRenewal, November 2022: AED 78,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in G24 Tower, and where 501 sits

All 20 2-beds →

Over the last 12 months two-beds sold for AED 1,200,000 to 1,500,000, around AED 1,121 per sqft, and rent for AED 84,000 to 100,000 a year. 501's AED 78,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Jun 20261,200,000
9 Jun 20261,500,000
1 Sep 20251,400,000
7 Aug 20251,358,500
2 2-bed sales in the last 12 months

G24 Tower

Building

150 apartments, studios to 2-bed over 13 floors in Jumeirah Village Circle (JVC), completed in 2020 by Rokane. 21 sold in the last 12 months.

Typical price per sqft
AED 1,066 Down 5.2%
Typical sale
AED 844K
Typical rent
AED 65K /yr
Typical yield
7.7%
G24 Tower, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 5th floor

All 150 units in G24 Tower
Value
5021-bedAED 900K · Jun 2024
5031-bedAED 1.09M · Oct 2025
504StudioAED 400K · Mar 2023
505StudioAED 586K · Jun 2024
506StudioAED 540K · Mar 2023
5071-bedAED 812K · Dec 2025
508StudioAED 475K · Feb 2024
1–7 of 11

501, G24 Tower in numbers

  • Sold once: by Rokane on 12 December 2022 for AED 1,170,000, or AED 895 per sqft.
  • Rented since November 2020 on 3 Ejari contracts, from AED 76,000 to AED 78,000 a year.
  • At AED 78,000 a year the gross yield on the 2022 price is 6.7%.
  • Two-beds in G24 Tower sold for AED 1,200,000–1,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,066 per sqft.

Source: Dubai Land Department. Updated 12 December 2022.

Questions about 501, G24 Tower

What did unit 501 last sell for?

AED 1,170,000 on 12 December 2022, sold by the developer: AED 895 per sqft for 1,306 sqft. It is the only registered sale of the unit.

What is the rent for unit 501?

AED 78,000 a year on the contract renewed on 1 November 2022. The previous contract, from November 2021, was AED 76,000; the unit has been rented since November 2020.

How big is unit 501?

1,306 sqft (121.3 sqm): a two-bedroom apartment on the 5th floor of a 13-storey tower completed in 2020.

What is unit 501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in G24 Tower sold for AED 1,200,000 to 1,500,000 in the last 12 months, around AED 1,121 per sqft.

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Mortgage on 501, G24 Tower

Starts from the last sale price (AED 1.17M, 12 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,170,000
Deposit, UAE resident (20%)
AED 234,000
Deposit, non-resident (40%)
AED 468,000
Monthly over 25 years at 3.7%
AED 4,787

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