Home
Dubai prices
About
Research
Studio · 483 sqftMasaar Residence, Jumeirah Village Circle (JVC) · 2nd floor · completed 2014

206, Masaar Residence

Sold prices and rental history: sold once, by the developer in January 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206 · DLD and Ejari recordsUpdated 16 December 2023
Last soldAED 425K21 January 2015
Current rentAED 35K /yr16 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 206

Property timeline for 206, Masaar Residence

What is 206 worth today?

Last sold for AED 425,250 in 2015

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

16 Dec 2023RentedNew contract
AED 35,000/yr12 months · AED 72 per sqft
5 Sep 2022RentedRenewal
AED 24,000/yr12 months · AED 50 per sqft
5 Sep 2021RentedRenewal
AED 20,000/yr12 months · AED 41 per sqft
5 Sep 2020RentedNew contract
AED 20,000/yr12 months · AED 41 per sqft
15 Nov 2018RentedNew contract
AED 30,000/yr12 months · AED 62 per sqft
2 Jul 2017RentedRenewal
AED 45,125/yr12 months · AED 93 per sqft
21 Jan 2015Sold by developerOff-plan
AED 425,250AED 881 per sqft

Source: Dubai Land Department. Updated 16 December 2023.

Key facts

Type
Studio apartment
Size
483 sqft
Floor
2nd of 4
Parking
B-20
Developer
Masaar Tower Properties Development
Completed
2014
Service charge
AED 6,900 /yr
Last sold
AED 425K · January 2015
Building
Masaar Residence

About 206, Masaar Residence

206 is a studio of 483 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. The developer sold it on 21 January 2015 for AED 425,250, or AED 881 per sqft, 6% below the AED 942 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 16 December 2023, is AED 35,000 a year: a gross yield of 8.2% on the 2015 price, before the service charge of about AED 6,900 a year.

Sales and rents for 206 over time

Sales
Unit 206, 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 425,250 (AED 881 per sqft)

206 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 206, 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 40,000Renewal, July 2017: AED 45,125 a yearNew contract, November 2018: AED 30,000 a yearNew contract, September 2020: AED 20,000 a yearRenewal, September 2021: AED 20,000 a yearRenewal, September 2022: AED 24,000 a yearNew contract, December 2023: 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 206 sits

All 56 studios →

206 last sold in January 2015 at AED 881 per sqft, 6% below what studios in Masaar Residence were fetching at the time (AED 942). 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. 206'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 2nd floor

All 94 units in Masaar Residence
Value
2012-bedAED 1.05M · Jun 2017
2021-bedAED 600K · Aug 2024
2031-bedAED 575K · Mar 2025
2041-bedAED 510K · Oct 2024
205StudioAED 500K · Jan 2026
207StudioAED 290K · Apr 2023
208StudioAED 320K · Aug 2019
1–7 of 20

206, Masaar Residence in numbers

  • Sold once: by Masaar Tower Properties Development on 21 January 2015 for AED 425,250, or AED 881 per sqft.
  • Rented since July 2017 on 6 Ejari contracts. The rent fell from AED 45,125 to AED 20,000 in 2021 and recovered to AED 35,000 by December 2023.
  • At AED 35,000 a year the gross yield on the 2015 price is 8.2%, 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 16 December 2023.

Questions about 206, Masaar Residence

What did unit 206 last sell for?

AED 425,250 on 21 January 2015, sold by the developer: AED 881 per sqft for 483 sqft. It is the only registered sale of the unit.

What is the rent for unit 206?

AED 35,000 a year on the contract signed on 16 December 2023. The previous contract, from September 2022, was AED 24,000; the unit has been rented since July 2017.

How big is unit 206?

483 sqft (44.9 sqm): a studio on the 2nd floor of a 4-storey tower completed in 2014.

What is unit 206 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.

Selling 206? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 206, Masaar Residence

Starts from the last sale price (AED 425K, 21 January 2015). Switch to today's estimate once you have unlocked it.
Price
AED 425,250
Deposit, UAE resident (20%)
AED 85,050
Deposit, non-resident (40%)
AED 170,100
Monthly over 25 years at 3.7%
AED 1,740

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