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Studio · 439 sqftGhalia By Damac, Jumeirah Village Circle (JVC) · 20th floor · completed 2019

2003, Ghalia By Damac

Sold prices and rental history: sold 3 times, last in June 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2003 · DLD and Ejari recordsUpdated 31 October 2026
Last soldAED 450K15 June 2023
Current rentAED 50K /yr31 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2003, Ghalia By Damac

What is 2003 worth today?

Last sold for AED 450,000 in 2023

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31 Oct 2026RentedRenewal
AED 50,000/yr12 months · AED 114 per sqft
31 Oct 2025RentedRenewal
AED 50,000/yr12 months · AED 114 per sqft
30 Oct 2024RentedNew contract
AED 49,866/yr12 months · AED 114 per sqft
15 Jun 2023SoldReady
AED 450,000AED 1,025 per sqft
1 Aug 2022RentedRenewal
AED 30,800/yr12 months · AED 70 per sqft
1 Aug 2021RentedRenewal
AED 28,000/yr12 months · AED 64 per sqft
3 Aug 2020RentedNew contract
AED 28,151/yr12 months · AED 64 per sqft
1 Aug 2019RentedNew contract
AED 32,000/yr12 months · AED 73 per sqft

Source: Dubai Land Department. Updated 31 October 2026.

Key facts

Type
Studio apartment
Size
439 sqft
Floor
20th of 38
Parking
P2-188
Developer
DAMAC
Completed
2019
Last sold
AED 450K · June 2023
Building
Ghalia By Damac

About 2003, Ghalia By Damac

2003 is a studio of 439 sqft on the 20th floor of Ghalia By Damac, a 38-storey tower in Jumeirah Village Circle (JVC) completed in 2019 by DAMAC. It last sold on 15 June 2023 for AED 450,000, or AED 1,025 per sqft, 6% above the AED 964 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 31 October 2026, is AED 50,000 a year: a gross yield of 11.1% on the 2023 price.

Sales and rents for 2003 over time

Sales
Unit 2003, each saleTypical studio in Ghalia By Damac
400K600K2014201820222026Typical sale price by year: 2014 AED 705,170; 2015 AED 621,443; 2016 AED 561,600; 2017 AED 515,000; 2018 AED 476,000; 2019 AED 380,000; 2020 AED 440,999; 2021 AED 355,990; 2022 AED 399,500; 2023 AED 440,000; 2024 AED 540,000; 2025 AED 550,000; 2026 AED 550,000Sold by developer, April 2016: AED 554,300 (AED 1,263 per sqft)Sold, March 2017: AED 554,300 (AED 1,263 per sqft)Sold, June 2023: AED 450,000 (AED 1,025 per sqft)

2003 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 2003, each contractTypical studio in Ghalia By Damac
30K40K50K201920222025Typical rent by year: 2019 AED 35,000; 2020 AED 30,000; 2021 AED 30,000; 2022 AED 34,000; 2023 AED 40,000; 2024 AED 45,000; 2025 AED 46,000; 2026 AED 44,100New contract, August 2019: AED 32,000 a yearNew contract, August 2020: AED 28,151 a yearRenewal, August 2021: AED 28,000 a yearRenewal, August 2022: AED 30,800 a yearNew contract, October 2024: AED 49,866 a yearRenewal, October 2025: AED 50,000 a yearRenewal, October 2026: AED 50,000 a year

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

Studios in Ghalia By Damac, and where 2003 sits

All 453 studios →

2003 last sold in June 2023 at AED 1,025 per sqft, 6% above what studios in Ghalia By Damac were fetching at the time (AED 964). Over the last 12 months studios sold for AED 440,000 to 640,000, around AED 1,245 per sqft, and rent for AED 13,500 to 75,273 a year. 2003's AED 50,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
12 Oct 2026498,000
8 Oct 2026615,000
2 Oct 2026500,000
16 Sep 2026515,000
31 studio sales in the last 12 months

Ghalia By Damac

Building

727 apartments, studios to 3-bed over 38 floors in Jumeirah Village Circle (JVC), completed in 2019 by DAMAC. 55 sold in the last 12 months.

Typical price per sqft
AED 1,162 Down 4.2%
Typical sale
AED 595K
Typical rent
AED 50K /yr
Typical yield
8.3%
Ghalia By Damac, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 20th floor

All 727 units in Ghalia By Damac
Value
20012-bedAED 1.2M · Oct 2024
2002StudioAED 651K · Dec 2014
2004StudioAED 415K · Nov 2022
20051-bedAED 710K · Dec 2023
20061-bedAED 625K · Oct 2026
2007StudioAED 600K · May 2024
2008StudioAED 750K · Jan 2016
1–7 of 20

2003, Ghalia By Damac in numbers

  • Sold 3 times: first on 27 April 2016 for AED 554,300, last on 15 June 2023 for AED 450,000 (AED 1,025 per sqft).
  • Rented since August 2019 on 7 Ejari contracts. The rent fell from AED 32,000 to AED 28,000 in 2021 and recovered to AED 50,000 by October 2026.
  • At AED 50,000 a year the gross yield on the 2023 price is 11.1%.
  • Studios in Ghalia By Damac sold for AED 440,000–640,000 in the 12 months to November 2026; the building's median across all types is AED 1,162 per sqft.

Source: Dubai Land Department. Updated 31 October 2026.

Questions about 2003, Ghalia By Damac

What did unit 2003 last sell for?

AED 450,000 on 15 June 2023: AED 1,025 per sqft for 439 sqft. The unit has 3 registered sales; the first was AED 554,300 in April 2016.

What is the rent for unit 2003?

AED 50,000 a year on the contract renewed on 31 October 2026. The previous contract, from October 2025, was AED 50,000; the unit has been rented since August 2019.

How big is unit 2003?

439 sqft (40.8 sqm): a studio on the 20th floor of a 38-storey tower completed in 2019.

What is unit 2003 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Ghalia By Damac sold for AED 440,000 to 640,000 in the last 12 months, around AED 1,245 per sqft.

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Mortgage on 2003, Ghalia By Damac

Starts from the last sale price (AED 450K, 15 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 450,000
Deposit, UAE resident (20%)
AED 90,000
Deposit, non-resident (40%)
AED 180,000
Monthly over 25 years at 3.7%
AED 1,841

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