1-bed · 870 sqftMasaar Residence, Jumeirah Village Circle (JVC) · 2nd floor · completed 2014

202, Masaar Residence

Sold prices and rental history: sold 3 times, last in August 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 202 · DLD and Ejari recordsUpdated 29 August 2024
Last soldAED 600K29 August 2024
Current rentAED 35K /yr5 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 202, Masaar Residence

What is 202 worth today?

Last sold for AED 600,000 in 2024

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29 Aug 2024SoldReady
AED 600,000AED 689 per sqft
4 Mar 2024SoldReady
AED 460,000AED 528 per sqft
5 Jun 2023RentedRenewal
AED 35,000/yr12 months · AED 40 per sqft
5 Jun 2022RentedNew contract
AED 35,000/yr12 months · AED 40 per sqft
18 Mar 2020RentedNew contract
AED 37,000/yr12 months · AED 42 per sqft
5 Feb 2019RentedNew contract
AED 42,000/yr12 months · AED 48 per sqft
10 Jul 2017RentedNew contract
AED 58,000/yr12 months · AED 67 per sqft
18 Aug 2015Sold by developerReady
AED 800,000AED 919 per sqft

Source: Dubai Land Department. Updated 29 August 2024.

Key facts

Type
1-bed apartment
Size
870 sqft
Floor
2nd of 4
Parking
B-87
Developer
Masaar Tower Properties Development
Completed
2014
Service charge
AED 12,400 /yr
Last sold
AED 600K · August 2024

About 202, Masaar Residence

202 is a one-bedroom apartment of 870 sqft on the 2nd 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 August 2024 for AED 600,000, or AED 689 per sqft, 27% above the AED 543 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 5 June 2023, is AED 35,000 a year: a gross yield of 5.8% on the 2024 price, before the service charge of about AED 12,400 a year.

Sales and rents for 202 over time

Sales
Unit 202, each saleTypical one-bed in Masaar Residence
400K600K800K2013201720212025Typical 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, August 2015: AED 800,000 (AED 919 per sqft)Sold, March 2024: AED 460,000 (AED 528 per sqft)Sold, August 2024: AED 600,000 (AED 689 per sqft)

202 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 202, each contractTypical one-bed in Masaar Residence
40K60K20152018202120242027Typical 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, July 2017: AED 58,000 a yearNew contract, February 2019: AED 42,000 a yearNew contract, March 2020: AED 37,000 a yearNew contract, June 2022: AED 35,000 a yearRenewal, June 2023: AED 35,000 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 202 sits

All 28 1-beds →

202 last sold in August 2024 at AED 689 per sqft, 27% above what one-beds in Masaar Residence were fetching at the time (AED 543). Over the last 12 months one-beds sold for AED 590,000 to 640,000, around AED 729 per sqft, and rent for AED 50,000 to 75,000 a year. 202's AED 35,000 is at the bottom 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
3 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. 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 2nd floor

All 94 units in Masaar Residence
Value
2012-bedAED 1.05M · Jun 2017
2031-bedAED 575K · Mar 2025
2041-bedAED 510K · Oct 2024
205StudioAED 500K · Jan 2026
206StudioAED 425K · Jan 2015
207StudioAED 290K · Apr 2023
208StudioAED 320K · Aug 2019
1–7 of 20

202, Masaar Residence in numbers

  • Sold 3 times: first on 18 August 2015 for AED 800,000, last on 29 August 2024 for AED 600,000 (AED 689 per sqft).
  • Rented since July 2017 on 5 Ejari contracts, from AED 58,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2024 price is 5.8%, before a service charge of about AED 12,400 a year (AED 14.29 per sqft).
  • One-beds in Masaar Residence sold for AED 590,000–640,000 in the 12 months to November 2026; the building's median across all types is AED 939 per sqft.

Source: Dubai Land Department. Updated 29 August 2024.

Questions about 202, Masaar Residence

What did unit 202 last sell for?

AED 600,000 on 29 August 2024: AED 689 per sqft for 870 sqft. The unit has 3 registered sales; the first was AED 800,000 in August 2015.

What is the rent for unit 202?

AED 35,000 a year on the contract renewed on 5 June 2023. The previous contract, from June 2022, was AED 35,000; the unit has been rented since July 2017.

How big is unit 202?

870 sqft (80.8 sqm): a one-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2014.

What is unit 202 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 590,000 to 640,000 in the last 12 months, around AED 729 per sqft.

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Mortgage on 202, Masaar Residence

Starts from the last sale price (AED 600K, 29 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

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