Studio · 551 sqftG24 Tower, Jumeirah Village Circle (JVC) · 5th floor · completed 2020

506, G24 Tower

Sold prices and rental history: sold once, by the developer in March 2023, and rented once, from September 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 30 September 2025
Last soldAED 540K29 March 2023
Current rentAED 45K /yr30 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, G24 Tower

What is 506 worth today?

Last sold for AED 540,000 in 2023

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30 Sep 2025RentedNew contract
AED 45,000/yr12 months · AED 82 per sqft
29 Mar 2023Sold by developerReady
AED 540,000AED 980 per sqft

Source: Dubai Land Department. Updated 30 September 2025.

Key facts

Type
Studio apartment
Size
551 sqft
Floor
5th of 13
Parking
P2-16
Developer
Rokane
Completed
2020
Last sold
AED 540K · March 2023
Building
G24 Tower

About 506, G24 Tower

506 is a studio of 551 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 29 March 2023 for AED 540,000, or AED 980 per sqft, in line with the AED 963 studios in the building were fetching at the time.

One Ejari contract is registered, from 30 September 2025. The current contract, signed on 30 September 2025, is AED 45,000 a year: a gross yield of 8.3% on the 2023 price.

Sales and rents for 506 over time

Sales
Unit 506, 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, March 2023: AED 540,000 (AED 980 per sqft)

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

Rents
Unit 506, 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, September 2025: 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 506 sits

All 56 studios →

506 last sold in March 2023 at AED 980 per sqft, in line with what studios in G24 Tower were fetching at the time (AED 963). 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. 506'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
505StudioAED 586K · Jun 2024
5071-bedAED 812K · Dec 2025
508StudioAED 475K · Feb 2024
1–7 of 11

506, G24 Tower in numbers

  • Sold once: by Rokane on 29 March 2023 for AED 540,000, or AED 980 per sqft.
  • Rented since September 2025 on one Ejari contract, at AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2023 price is 8.3%.
  • 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 30 September 2025.

Questions about 506, G24 Tower

What did unit 506 last sell for?

AED 540,000 on 29 March 2023, sold by the developer: AED 980 per sqft for 551 sqft. It is the only registered sale of the unit.

What is the rent for unit 506?

AED 45,000 a year on the contract signed on 30 September 2025.

How big is unit 506?

551 sqft (51.2 sqm): a studio on the 5th floor of a 13-storey tower completed in 2020.

What is unit 506 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 506, G24 Tower

Starts from the last sale price (AED 540K, 29 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 540,000
Deposit, UAE resident (20%)
AED 108,000
Deposit, non-resident (40%)
AED 216,000
Monthly over 25 years at 3.7%
AED 2,209

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