1-bed · 787 sqftMasaar Residence, Jumeirah Village Circle (JVC) · 1st floor · completed 2014

117, Masaar Residence

Sold prices and rental history: sold once, by the developer in May 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 117 · DLD and Ejari recordsUpdated 15 July 2025

Last soldAED 957K22 May 2014

Current rentAED 50K /yr15 July 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 117, Masaar Residence

Today

What is 117 worth today?

Last sold for AED 956,736 in 2014

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15 Jul 2025

15 Jul 2025RentedNew contract

AED 50,000/yr12 months · AED 64 per sqft

15 Jul 2025

15 Jul 2025RentedNew contract

AED 50,000/yr12 months · AED 64 per sqft

15 Nov 2018

15 Nov 2018RentedNew contract

AED 41,000/yr12 months · AED 52 per sqft

1 Nov 2016

1 Nov 2016RentedNew contract

AED 60,000/yr12 months · AED 76 per sqft

22 May 2014

22 May 2014Sold by developerOff-plan

AED 956,736AED 1,216 per sqft

Source: Dubai Land Department. Updated 15 July 2025.

Key facts

Type: 1-bed apartment
Size: 787 sqft
Floor: 1st of 4
Parking: G-7
Developer: Masaar Tower Properties Development
Completed: 2014
Service charge: AED 11,200 /yr
Last sold: AED 957K · May 2014
Building: Masaar Residence

About 117, Masaar Residence

117 is a one-bedroom apartment of 787 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. The developer sold it on 22 May 2014 for AED 956,736, or AED 1,216 per sqft, 38% above the AED 879 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, signed on 15 July 2025, is AED 50,000 a year: a gross yield of 5.2% on the 2014 price, before the service charge of about AED 11,200 a year.

Sales and rents for 117 over time

Sales

Unit 117, each saleTypical one-bed in Masaar Residence

117 has sold once; the dashed line is the one-bed median of each year in the building.

Rents

Unit 117, each contractTypical one-bed in Masaar Residence

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

1-beds in Masaar Residence, and where 117 sits

All 28 1-beds →

1-beds in Masaar Residence · last 12 months772 /sqft Masaar Residence · all types964 /sqft

117 last sold in May 2014 at AED 1,216 per sqft, 38% above what one-beds in Masaar Residence were fetching at the time (AED 879). Over the last 12 months one-beds sold for AED 635,000 to 640,000, around AED 772 per sqft, and rent for AED 50,000 to 75,000 a year. 117's AED 50,000 is at the bottom of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
16 Mar 202616 March 2026	785 sqft	640,000	815
11 Mar 202611 March 2026	870 sqft	635,000	729
10 Nov 202510 November 2025	809 sqft	590,000	728
20 Mar 202520 March 2025	1,433 sqft	690,000	481

2 1-bed 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


101	2-bed	1,118 sqft	AED 925KAED 925,000 · Feb 2025February 2025	62,000 /yr
102	1-bed	870 sqft	AED 635KAED 635,000 · Mar 2026March 2026	75,000 /yr
103	1-bed	847 sqft	AED 805KAED 805,000 · Oct 2015October 2015	65,000 /yr
104	1-bed	809 sqft	AED 784KAED 784,465 · Jun 2014June 2014	55,000 /yr
105	Studio	492 sqft	AED 440KAED 440,000 · Sep 2025September 2025	34,000 /yr
106	Studio	483 sqft	AED 500KAED 500,000 · Dec 2014December 2014	35,000 /yr
107	Studio	481 sqft	AED 575KAED 575,472 · May 2014May 2014	40,000 /yr
108	Studio	487 sqft	AED 383KAED 383,040 · Jan 2014January 2014	37,000 /yr
109	2-bed	959 sqft	AED 900KAED 900,000 · Feb 2016February 2016	65,000 /yr
110	2-bed	997 sqft	AED 1.1MAED 1,100,000 · Aug 2015August 2015	57,000 /yr
111	Studio	484 sqft	AED 490KAED 490,000 · Aug 2014August 2014	43,000 /yr
112	Studio	481 sqft	AED 310KAED 310,000 · Oct 2023October 2023	69,600 /yr
113	Studio	483 sqft	AED 454KAED 453,920 · Jan 2014January 2014	45,000 /yr
114	Studio	495 sqft	AED 500KAED 500,000 · Dec 2025December 2025	55,000 /yr
115	Studio	518 sqft	AED 245KAED 245,000 · Sep 2020September 2020	36,000 /yr
116	Studio	512 sqft	AED 440KAED 440,000 · Sep 2025September 2025	45,000 /yr
118	Studio	595 sqft	AED 240KAED 240,000 · Nov 2020November 2020	50,000 /yr
119	Studio	523 sqft	AED 482KAED 482,380 · May 2014May 2014	48,000 /yr
120	1-bed	820 sqft	AED 470KAED 470,000 · May 2024May 2024	60,000 /yr
121	1-bed	602 sqft	AED 355KAED 355,000 · May 2023May 2023	54,600 /yr

1–7 of 20

117, Masaar Residence in numbers

Sold once: by Masaar Tower Properties Development on 22 May 2014 for AED 956,736, or AED 1,216 per sqft.
Rented since November 2016 on 4 Ejari contracts. The rent fell from AED 60,000 to AED 41,000 in 2018 and recovered to AED 50,000 by July 2025.
At AED 50,000 a year the gross yield on the 2014 price is 5.2%, before a service charge of about AED 11,200 a year (AED 14.29 per sqft).
One-beds in Masaar Residence sold for AED 635,000–640,000 in the 12 months to November 2026; the building's median across all types is AED 964 per sqft.

Source: Dubai Land Department. Updated 15 July 2025.

Questions about 117, Masaar Residence

What did unit 117 last sell for?

AED 956,736 on 22 May 2014, sold by the developer: AED 1,216 per sqft for 787 sqft. It is the only registered sale of the unit.

What is the rent for unit 117?

AED 50,000 a year on the contract signed on 15 July 2025. The previous contract, from July 2025, was AED 50,000; the unit has been rented since November 2016.

How big is unit 117?

787 sqft (73.1 sqm): a one-bedroom apartment on the 1st floor of a 4-storey tower completed in 2014.

What is unit 117 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Masaar Residence sold for AED 635,000 to 640,000 in the last 12 months, around AED 772 per sqft.

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Mortgage on 117, Masaar Residence

Starts from the last sale price (AED 957K, 22 May 2014). Switch to today's estimate once you have unlocked it.

Price: AED 956,736
Deposit, UAE resident (20%): AED 191,347
Deposit, non-resident (40%): AED 382,694
Monthly over 25 years at 3.7%: AED 3,914

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