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Studio · 512 sqftMasaar Residence, Jumeirah Village Circle (JVC) · 1st floor · completed 2014

116, Masaar Residence

Sold prices and rental history: sold twice, last in September 2025, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 116 · DLD and Ejari recordsUpdated 1 December 2026
Last soldAED 440K29 September 2025
Current rentAED 45K /yr1 December 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 116, Masaar Residence

What is 116 worth today?

Last sold for AED 440,000 in 2025

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1 Dec 2026RentedRenewal
AED 45,000/yr12 months · AED 87 per sqft
1 Dec 2025RentedNew contract
AED 66,000/yr12 months · AED 128 per sqft
29 Sep 2025SoldReady
AED 440,000AED 860 per sqft
1 Oct 2024RentedRenewal
AED 26,436/yr3 months · AED 52 per sqft
1 Oct 2023RentedRenewal
AED 26,220/yr12 months · AED 51 per sqft
1 Oct 2022RentedRenewal
AED 22,800/yr12 months · AED 45 per sqft
1 Oct 2021RentedNew contract
AED 19,000/yr12 months · AED 37 per sqft
1 Nov 2019RentedNew contract
AED 27,000/yr12 months · AED 52 per sqft

Source: Dubai Land Department. Updated 1 December 2026.

Key facts

Type
Studio apartment
Size
512 sqft
Floor
1st of 4
Parking
B-82
Developer
Masaar Tower Properties Development
Completed
2014
Service charge
AED 7,300 /yr
Last sold
AED 440K · September 2025
Building
Masaar Residence

About 116, Masaar Residence

116 is a studio of 512 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 29 September 2025 for AED 440,000, or AED 860 per sqft, in line with the AED 865 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 1 December 2026, is AED 45,000 a year: a gross yield of 10.2% on the 2025 price, before the service charge of about AED 7,300 a year.

Sales and rents for 116 over time

Sales
Unit 116, each saleTypical studio in Masaar Residence
400K2013201720212025Typical 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, January 2015: AED 494,040 (AED 965 per sqft)Sold, September 2025: AED 440,000 (AED 860 per sqft)

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

Rents
Unit 116, each contractTypical studio in Masaar Residence
25K50K2015201920232027Typical 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, June 2015: AED 45,000 a yearNew contract, November 2019: AED 27,000 a yearNew contract, October 2021: AED 19,000 a yearRenewal, October 2022: AED 22,800 a yearRenewal, October 2023: AED 26,220 a yearRenewal, October 2024: AED 26,436 a yearNew contract, December 2025: AED 66,000 a yearRenewal, December 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 Masaar Residence, and where 116 sits

All 56 studios →

116 last sold in September 2025 at AED 860 per sqft, in line with what studios in Masaar Residence were fetching at the time (AED 865). 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. 116's AED 45,000 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. 12 sold in the last 12 months.

Typical price per sqft
AED 939 Up 13.5%
Typical sale
AED 500K
Typical rent
AED 55K /yr
Typical yield
8.1%
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
106StudioAED 500K · Dec 2014
107StudioAED 575K · May 2014
1–7 of 20

116, Masaar Residence in numbers

  • Sold twice: first on 20 January 2015 for AED 494,040, last on 29 September 2025 for AED 440,000 (AED 860 per sqft).
  • Rented since June 2015 on 8 Ejari contracts. The rent fell from AED 45,000 to AED 19,000 in 2021 and recovered to AED 45,000 by December 2026.
  • At AED 45,000 a year the gross yield on the 2025 price is 10.2%, before a service charge of about AED 7,300 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 939 per sqft.

Source: Dubai Land Department. Updated 1 December 2026.

Questions about 116, Masaar Residence

What did unit 116 last sell for?

AED 440,000 on 29 September 2025: AED 860 per sqft for 512 sqft. The unit has 2 registered sales; the first was AED 494,040 in January 2015.

What is the rent for unit 116?

AED 45,000 a year on the contract renewed on 1 December 2026. The previous contract, from December 2025, was AED 66,000; the unit has been rented since June 2015.

How big is unit 116?

512 sqft (47.6 sqm): a studio on the 1st floor of a 4-storey tower completed in 2014.

What is unit 116 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 116, Masaar Residence

Starts from the last sale price (AED 440K, 29 September 2025). Switch to today's estimate once you have unlocked it.
Price
AED 440,000
Deposit, UAE resident (20%)
AED 88,000
Deposit, non-resident (40%)
AED 176,000
Monthly over 25 years at 3.7%
AED 1,800

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