Studio · 462 sqftG24 Tower, Jumeirah Village Circle (JVC) · 5th floor · completed 2020

505, G24 Tower

Sold prices and rental history: sold once, by the developer in June 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 20 May 2026
Last soldAED 586K14 June 2024
Current rentAED 45K /yr20 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, G24 Tower

What is 505 worth today?

Last sold for AED 586,000 in 2024

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20 May 2026RentedRenewal
AED 45,000/yr12 months · AED 97 per sqft
20 May 2025RentedRenewal
AED 45,000/yr12 months · AED 97 per sqft
20 May 2025RentedRenewal
AED 45,000/yr12 months · AED 97 per sqft
14 Jun 2024Sold by developerReady
AED 586,000AED 1,267 per sqft
20 May 2024RentedNew contract
AED 42,000/yr12 months · AED 91 per sqft
1 Apr 2023RentedNew contract
AED 35,000/yr12 months · AED 76 per sqft
1 Oct 2021RentedRenewal
AED 36,000/yr12 months · AED 77 per sqft
1 Oct 2020RentedNew contract
AED 37,000/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 20 May 2026.

Key facts

Type
Studio apartment
Size
462 sqft
Floor
5th of 13
Parking
P2-15
Developer
Rokane
Completed
2020
Last sold
AED 586K · June 2024
Building
G24 Tower

About 505, G24 Tower

505 is a studio of 462 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 14 June 2024 for AED 586,000, or AED 1,267 per sqft, 19% above the AED 1,064 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 20 May 2026, is AED 45,000 a year: a gross yield of 7.7% on the 2024 price.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical studio in G24 Tower
500K600K202220242026Typical sale price by year: 2022 AED 469,000; 2023 AED 505,000; 2024 AED 562,000; 2025 AED 625,000; 2026 AED 571,135Sold by developer, June 2024: AED 586,000 (AED 1,267 per sqft)

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

Rents
Unit 505, each contractTypical studio in G24 Tower
40K50K2020202220242026Typical rent by year: 2020 AED 37,000; 2021 AED 36,000; 2022 AED 36,000; 2023 AED 40,000; 2024 AED 45,000; 2025 AED 48,700; 2026 AED 48,000New contract, October 2020: AED 37,000 a yearRenewal, October 2021: AED 36,000 a yearNew contract, April 2023: AED 35,000 a yearNew contract, May 2024: AED 42,000 a yearRenewal, May 2025: AED 45,000 a yearRenewal, May 2025: AED 45,000 a yearRenewal, May 2026: AED 45,000 a year

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

Studios in G24 Tower, and where 505 sits

All 56 studios →

505 last sold in June 2024 at AED 1,267 per sqft, 19% above what studios in G24 Tower were fetching at the time (AED 1,064). Over the last 12 months studios sold for AED 500,000 to 680,000, around AED 1,117 per sqft, and rent for AED 33,000 to 72,000 a year. 505's AED 45,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
5 Oct 2026625,000
17 Jun 2026500,000
17 Jun 2026550,000
3 Jun 2026571,135
8 studio 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
5012-bedAED 1.17M · Dec 2022
5021-bedAED 900K · Jun 2024
5031-bedAED 1.09M · Oct 2025
504StudioAED 400K · Mar 2023
506StudioAED 540K · Mar 2023
5071-bedAED 812K · Dec 2025
508StudioAED 475K · Feb 2024
1–7 of 11

505, G24 Tower in numbers

  • Sold once: by Rokane on 14 June 2024 for AED 586,000, or AED 1,267 per sqft.
  • Rented since October 2020 on 7 Ejari contracts, from AED 37,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2024 price is 7.7%.
  • Studios in G24 Tower sold for AED 500,000–680,000 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 20 May 2026.

Questions about 505, G24 Tower

What did unit 505 last sell for?

AED 586,000 on 14 June 2024, sold by the developer: AED 1,267 per sqft for 462 sqft. It is the only registered sale of the unit.

What is the rent for unit 505?

AED 45,000 a year on the contract renewed on 20 May 2026. The previous contract, from May 2025, was AED 45,000; the unit has been rented since October 2020.

How big is unit 505?

462 sqft (42.9 sqm): a studio on the 5th floor of a 13-storey tower completed in 2020.

What is unit 505 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in G24 Tower sold for AED 500,000 to 680,000 in the last 12 months, around AED 1,117 per sqft.

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Mortgage on 505, G24 Tower

Starts from the last sale price (AED 586K, 14 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 586,000
Deposit, UAE resident (20%)
AED 117,200
Deposit, non-resident (40%)
AED 234,400
Monthly over 25 years at 3.7%
AED 2,398

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