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Studio · 487 sqftMasaar Residence, Jumeirah Village Circle (JVC) · 2nd floor · completed 2014

208, Masaar Residence

Sold prices and rental history: sold 4 times, last in August 2019, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 208 · DLD and Ejari recordsUpdated 5 November 2020
Last soldAED 320K5 August 2019
Current rentAED 20K /yr5 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 208, Masaar Residence

What is 208 worth today?

Last sold for AED 320,000 in 2019

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5 Nov 2020RentedNew contract
AED 20,000/yr12 months · AED 41 per sqft
20 Nov 2019RentedNew contract
AED 27,000/yr12 months · AED 55 per sqft
5 Aug 2019SoldReady
AED 320,000AED 657 per sqft
2 May 2019SoldReady
AED 290,000AED 596 per sqft
1 Oct 2017RentedNew contract
AED 40,000/yr12 months · AED 83 per sqft
15 Mar 2016RentedNew contract
AED 45,000/yr12 months · AED 93 per sqft
15 Mar 2015RentedNew contract
AED 45,000/yr12 months · AED 93 per sqft
13 Apr 2014SoldOff-plan
AED 550,000AED 1,130 per sqft

Source: Dubai Land Department. Updated 5 November 2020.

Key facts

Type
Studio apartment
Size
487 sqft
Floor
2nd of 4
Parking
B-26
Developer
Masaar Tower Properties Development
Completed
2014
Service charge
AED 7,000 /yr
Last sold
AED 320K · August 2019
Building
Masaar Residence

About 208, Masaar Residence

208 is a studio of 487 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 5 August 2019 for AED 320,000, or AED 657 per sqft, 12% above the AED 586 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 5 November 2020, is AED 20,000 a year: a gross yield of 6.3% on the 2019 price, before the service charge of about AED 7,000 a year.

Sales and rents for 208 over time

Sales
Unit 208, each saleTypical studio in Masaar Residence
200K400K600K2013201720212025Typical 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, March 2014: AED 453,840 (AED 932 per sqft)Sold, April 2014: AED 550,000 (AED 1,130 per sqft)Sold, May 2019: AED 290,000 (AED 596 per sqft)Sold, August 2019: AED 320,000 (AED 657 per sqft)

208 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 208, 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 40,000New contract, March 2015: AED 45,000 a yearNew contract, March 2016: AED 45,000 a yearNew contract, October 2017: AED 40,000 a yearNew contract, November 2019: AED 27,000 a yearNew contract, November 2020: AED 20,000 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 208 sits

All 56 studios →

208 last sold in August 2019 at AED 657 per sqft, 12% above what studios in Masaar Residence were fetching at the time (AED 586). 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. 208's AED 20,000 is at the bottom 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
206StudioAED 425K · Jan 2015
207StudioAED 290K · Apr 2023
1–7 of 20

208, Masaar Residence in numbers

  • Sold 4 times: first on 16 March 2014 for AED 453,840, last on 5 August 2019 for AED 320,000 (AED 657 per sqft).
  • Rented since March 2015 on 5 Ejari contracts, from AED 45,000 to AED 20,000 a year.
  • At AED 20,000 a year the gross yield on the 2019 price is 6.3%, before a service charge of about AED 7,000 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 5 November 2020.

Questions about 208, Masaar Residence

What did unit 208 last sell for?

AED 320,000 on 5 August 2019: AED 657 per sqft for 487 sqft. The unit has 4 registered sales; the first was AED 453,840 in March 2014.

What is the rent for unit 208?

AED 20,000 a year on the contract signed on 5 November 2020. The previous contract, from November 2019, was AED 27,000; the unit has been rented since March 2015.

How big is unit 208?

487 sqft (45.2 sqm): a studio on the 2nd floor of a 4-storey tower completed in 2014.

What is unit 208 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 208, Masaar Residence

Starts from the last sale price (AED 320K, 5 August 2019). Switch to today's estimate once you have unlocked it.
Price
AED 320,000
Deposit, UAE resident (20%)
AED 64,000
Deposit, non-resident (40%)
AED 128,000
Monthly over 25 years at 3.7%
AED 1,309

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