Studio · 514 sqftG24 Tower, Jumeirah Village Circle (JVC) · 5th floor · completed 2020

508, G24 Tower

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

Unit 508 · DLD and Ejari recordsUpdated 21 October 2025
Last soldAED 475K6 February 2024
Current rentAED 49K /yr21 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, G24 Tower

What is 508 worth today?

Last sold for AED 475,000 in 2024

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21 Oct 2025RentedNew contract
AED 48,500/yr12 months · AED 94 per sqft
22 Oct 2024RentedNew contract
AED 48,500/yr12 months · AED 94 per sqft
6 Feb 2024Sold by developerReady
AED 475,000AED 924 per sqft

Source: Dubai Land Department. Updated 21 October 2025.

Key facts

Type
Studio apartment
Size
514 sqft
Floor
5th of 13
Parking
P2-18
Developer
Rokane
Completed
2020
Last sold
AED 475K · February 2024
Building
G24 Tower

About 508, G24 Tower

508 is a studio of 514 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 6 February 2024 for AED 475,000, or AED 924 per sqft, 5% below the AED 969 studios in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 21 October 2025, is AED 48,500 a year: a gross yield of 10.2% on the 2024 price.

Sales and rents for 508 over time

Sales
Unit 508, 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, February 2024: AED 475,000 (AED 924 per sqft)

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

Rents
Unit 508, 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 2024: AED 48,500 a yearNew contract, October 2025: AED 48,500 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 508 sits

All 56 studios →

508 last sold in February 2024 at AED 924 per sqft, 5% below what studios in G24 Tower were fetching at the time (AED 969). 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. 508's AED 48,500 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
506StudioAED 540K · Mar 2023
5071-bedAED 812K · Dec 2025
1–7 of 11

508, G24 Tower in numbers

  • Sold once: by Rokane on 6 February 2024 for AED 475,000, or AED 924 per sqft.
  • Rented since October 2024 on 2 Ejari contracts, at AED 48,500 a year.
  • At AED 48,500 a year the gross yield on the 2024 price is 10.2%.
  • 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 21 October 2025.

Questions about 508, G24 Tower

What did unit 508 last sell for?

AED 475,000 on 6 February 2024, sold by the developer: AED 924 per sqft for 514 sqft. It is the only registered sale of the unit.

What is the rent for unit 508?

AED 48,500 a year on the contract signed on 21 October 2025. The previous contract, from October 2024, was AED 48,500.

How big is unit 508?

514 sqft (47.8 sqm): a studio on the 5th floor of a 13-storey tower completed in 2020.

What is unit 508 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 508, G24 Tower

Starts from the last sale price (AED 475K, 6 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 475,000
Deposit, UAE resident (20%)
AED 95,000
Deposit, non-resident (40%)
AED 190,000
Monthly over 25 years at 3.7%
AED 1,943

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