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1-bed · 602 sqftMasaar Residence, Jumeirah Village Circle (JVC) · 1st floor · completed 2014

121, Masaar Residence

Sold prices and rental history: sold twice, last in May 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 121 · DLD and Ejari recordsUpdated 5 April 2026
Last soldAED 355K18 May 2023
Current rentAED 55K /yr5 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 121, Masaar Residence

What is 121 worth today?

Last sold for AED 355,000 in 2023

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5 Apr 2026RentedRenewal
AED 54,600/yr12 months · AED 91 per sqft
5 Apr 2025RentedNew contract
AED 52,000/yr12 months · AED 86 per sqft
5 Apr 2024RentedNew contract
AED 48,000/yr12 months · AED 80 per sqft
1 Sep 2023RentedNew contract
AED 40,000/yr12 months · AED 66 per sqft
18 May 2023SoldReady
AED 355,000AED 589 per sqft
1 Sep 2022RentedNew contract
AED 26,500/yr12 months · AED 44 per sqft
20 Aug 2021RentedNew contract
AED 25,000/yr12 months · AED 41 per sqft
25 Oct 2018RentedNew contract
AED 40,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 5 April 2026.

Key facts

Type
1-bed apartment
Size
602 sqft
Floor
1st of 4
Parking
B-34
Developer
Masaar Tower Properties Development
Completed
2014
Service charge
AED 8,600 /yr
Last sold
AED 355K · May 2023
Building
Masaar Residence

About 121, Masaar Residence

121 is a one-bedroom apartment of 602 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 18 May 2023 for AED 355,000, or AED 589 per sqft.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 5 April 2026, is AED 54,600 a year: a gross yield of 15.4% on the 2023 price, before the service charge of about AED 8,600 a year.

Sales and rents for 121 over time

Sales
Unit 121, each saleTypical one-bed in Masaar Residence
500K750K2013201720212025Typical sale price by year: 2013 AED 596,060; 2014 AED 806,520; 2015 AED 800,000; 2016 AED 669,733; 2023 AED 435,000; 2024 AED 505,000; 2025 AED 575,000Sold by developer, October 2013: AED 481,800 (AED 799 per sqft)Sold, May 2023: AED 355,000 (AED 589 per sqft)

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

Rents
Unit 121, each contractTypical one-bed in Masaar Residence
20K40K60K20152018202120242027Typical rent by year: 2015 AED 65,000; 2016 AED 65,000; 2017 AED 60,000; 2018 AED 52,145; 2019 AED 39,000; 2020 AED 36,000; 2021 AED 30,000; 2022 AED 35,500; 2023 AED 36,500; 2024 AED 48,000; 2025 AED 50,000; 2026 AED 56,000New contract, February 2017: AED 57,000 a yearNew contract, October 2018: AED 40,000 a yearNew contract, August 2021: AED 25,000 a yearNew contract, September 2022: AED 26,500 a yearNew contract, September 2023: AED 40,000 a yearNew contract, April 2024: AED 48,000 a yearNew contract, April 2025: AED 52,000 a yearRenewal, April 2026: AED 54,600 a year

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 121 sits

All 28 1-beds →

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. 121's AED 54,600 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Mar 2026640,000
11 Mar 2026635,000
10 Nov 2025590,000
20 Mar 2025690,000
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
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

121, Masaar Residence in numbers

  • Sold twice: first on 27 October 2013 for AED 481,800, last on 18 May 2023 for AED 355,000 (AED 589 per sqft).
  • Rented since February 2017 on 8 Ejari contracts. The rent fell from AED 57,000 to AED 25,000 in 2021 and recovered to AED 54,600 by April 2026.
  • At AED 54,600 a year the gross yield on the 2023 price is 15.4%, before a service charge of about AED 8,600 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 5 April 2026.

Questions about 121, Masaar Residence

What did unit 121 last sell for?

AED 355,000 on 18 May 2023: AED 589 per sqft for 602 sqft. The unit has 2 registered sales; the first was AED 481,800 in October 2013.

What is the rent for unit 121?

AED 54,600 a year on the contract renewed on 5 April 2026. The previous contract, from April 2025, was AED 52,000; the unit has been rented since February 2017.

How big is unit 121?

602 sqft (55.9 sqm): a one-bedroom apartment on the 1st floor of a 4-storey tower completed in 2014.

What is unit 121 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 121, Masaar Residence

Starts from the last sale price (AED 355K, 18 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 355,000
Deposit, UAE resident (20%)
AED 71,000
Deposit, non-resident (40%)
AED 142,000
Monthly over 25 years at 3.7%
AED 1,452

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