Studio · 483 sqftMasaar Residence, Jumeirah Village Circle (JVC) · 1st floor · completed 2014

106, Masaar Residence

Sold prices and rental history: sold twice, last in December 2014, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 106 · DLD and Ejari recordsUpdated 1 December 2024
Last soldAED 500K23 December 2014
Current rentAED 35K /yr1 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 106, Masaar Residence

What is 106 worth today?

Last sold for AED 500,000 in 2014

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1 Dec 2024RentedNew contract
AED 35,000/yr12 months · AED 72 per sqft
1 Nov 2020RentedNew contract
AED 20,000/yr12 months · AED 41 per sqft
21 May 2017RentedNew contract
AED 44,000/yr12 months · AED 91 per sqft
23 Dec 2014SoldOff-plan
AED 500,000AED 1,035 per sqft
17 Dec 2013Sold by developerOff-plan
AED 453,920AED 940 per sqft

Source: Dubai Land Department. Updated 1 December 2024.

Key facts

Type
Studio apartment
Size
483 sqft
Floor
1st of 4
Parking
B-22
Developer
Masaar Tower Properties Development
Completed
2014
Service charge
AED 6,900 /yr
Last sold
AED 500K · December 2014

About 106, Masaar Residence

106 is a studio of 483 sqft on the 1st floor of Masaar Residence, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2014 by Masaar Tower Properties Development. It last sold on 23 December 2014 for AED 500,000, or AED 1,035 per sqft, 10% above the AED 943 studios in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 1 December 2024, is AED 35,000 a year: a gross yield of 7.0% on the 2014 price, before the service charge of about AED 6,900 a year.

Sales and rents for 106 over time

Sales
Unit 106, each saleTypical studio in Masaar Residence
200K400K2013201720212025Typical sale price by year: 2013 AED 435,700; 2014 AED 476,560; 2015 AED 485,000; 2016 AED 490,000; 2017 AED 490,000; 2019 AED 300,000; 2020 AED 245,000; 2023 AED 310,000; 2024 AED 395,000; 2025 AED 435,000; 2026 AED 490,000Sold by developer, December 2013: AED 453,920 (AED 940 per sqft)Sold, December 2014: AED 500,000 (AED 1,035 per sqft)

106 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 106, each contractTypical studio in Masaar Residence
20K40K20152018202120242027Typical rent by year: 2015 AED 45,000; 2016 AED 45,000; 2017 AED 45,000; 2018 AED 36,000; 2019 AED 30,000; 2020 AED 24,000; 2021 AED 21,000; 2022 AED 24,100; 2023 AED 28,000; 2024 AED 35,200; 2025 AED 43,000; 2026 AED 40,000New contract, May 2017: AED 44,000 a yearNew contract, November 2020: AED 20,000 a yearNew contract, December 2024: AED 35,000 a year

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

Studios in Masaar Residence, and where 106 sits

All 56 studios →

106 last sold in December 2014 at AED 1,035 per sqft, 10% above what studios in Masaar Residence were fetching at the time (AED 943). Over the last 12 months studios sold for AED 73,382 to 715,000, around AED 996 per sqft, and rent for AED 33,000 to 69,600 a year. 106's AED 35,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
27 Oct 2026475,000
3 Sep 2026450,000
2 Sep 2026715,000
13 May 2026490,000
8 studio sales in the last 12 months

Masaar Residence

Building

94 apartments, studios to 2-bed over 4 floors in Jumeirah Village Circle (JVC), completed in 2014 by Masaar Tower Properties Development. 11 sold in the last 12 months.

Typical price per sqft
AED 964 Up 22.0%
Typical sale
AED 500K
Typical rent
AED 55K /yr
Typical yield
7.9%
Masaar Residence, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 1st floor

All 94 units in Masaar Residence
Value
1012-bedAED 925K · Feb 2025
1021-bedAED 635K · Mar 2026
1031-bedAED 805K · Oct 2015
1041-bedAED 784K · Jun 2014
105StudioAED 440K · Sep 2025
107StudioAED 575K · May 2014
108StudioAED 383K · Jan 2014
1–7 of 20

106, Masaar Residence in numbers

  • Sold twice: first on 17 December 2013 for AED 453,920, last on 23 December 2014 for AED 500,000 (AED 1,035 per sqft).
  • Rented since May 2017 on 3 Ejari contracts. The rent fell from AED 44,000 to AED 20,000 in 2020 and recovered to AED 35,000 by December 2024.
  • At AED 35,000 a year the gross yield on the 2014 price is 7.0%, before a service charge of about AED 6,900 a year (AED 14.29 per sqft).
  • Studios in Masaar Residence sold for AED 73,382–715,000 in the 12 months to November 2026; the building's median across all types is AED 964 per sqft.

Source: Dubai Land Department. Updated 1 December 2024.

Questions about 106, Masaar Residence

What did unit 106 last sell for?

AED 500,000 on 23 December 2014: AED 1,035 per sqft for 483 sqft. The unit has 2 registered sales; the first was AED 453,920 in December 2013.

What is the rent for unit 106?

AED 35,000 a year on the contract signed on 1 December 2024. The previous contract, from November 2020, was AED 20,000; the unit has been rented since May 2017.

How big is unit 106?

483 sqft (44.9 sqm): a studio on the 1st floor of a 4-storey tower completed in 2014.

What is unit 106 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Masaar Residence sold for AED 73,382 to 715,000 in the last 12 months, around AED 996 per sqft.

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Mortgage on 106, Masaar Residence

Starts from the last sale price (AED 500K, 23 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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