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Studio · 481 sqftMasaar Residence, Jumeirah Village Circle (JVC) · 2nd floor · completed 2014

212, Masaar Residence

Sold prices and rental history: sold once, by the developer in October 2013, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 212 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 384K23 October 2013
Current rentAED 25K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 212, Masaar Residence

What is 212 worth today?

Last sold for AED 384,000 in 2013

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1 Aug 2024RentedNew contract
AED 24,500/yr12 months · AED 51 per sqft
3 May 2019RentedNew contract
AED 28,000/yr12 months · AED 58 per sqft
23 Oct 2013Sold by developerOff-plan
AED 384,000AED 798 per sqft

Source: Dubai Land Department. Updated 1 August 2024.

Key facts

Type
Studio apartment
Size
481 sqft
Floor
2nd of 4
Parking
G-13
Developer
Masaar Tower Properties Development
Completed
2014
Service charge
AED 6,900 /yr
Last sold
AED 384K · October 2013
Building
Masaar Residence

About 212, Masaar Residence

212 is a studio of 481 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 23 October 2013 for AED 384,000, or AED 798 per sqft.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 1 August 2024, is AED 24,500 a year: a gross yield of 6.4% on the 2013 price, before the service charge of about AED 6,900 a year.

Sales and rents for 212 over time

Sales
Unit 212, 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, October 2013: AED 384,000 (AED 798 per sqft)

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

Rents
Unit 212, 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, May 2019: AED 28,000 a yearNew contract, August 2024: AED 24,500 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 212 sits

All 56 studios →

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. 212's AED 24,500 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

212, Masaar Residence in numbers

  • Sold once: by Masaar Tower Properties Development on 23 October 2013 for AED 384,000, or AED 798 per sqft.
  • Rented since May 2019 on 2 Ejari contracts, from AED 28,000 to AED 24,500 a year.
  • At AED 24,500 a year the gross yield on the 2013 price is 6.4%, 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 1 August 2024.

Questions about 212, Masaar Residence

What did unit 212 last sell for?

AED 384,000 on 23 October 2013, sold by the developer: AED 798 per sqft for 481 sqft. It is the only registered sale of the unit.

What is the rent for unit 212?

AED 24,500 a year on the contract signed on 1 August 2024. The previous contract, from May 2019, was AED 28,000.

How big is unit 212?

481 sqft (44.7 sqm): a studio on the 2nd floor of a 4-storey tower completed in 2014.

What is unit 212 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 212, Masaar Residence

Starts from the last sale price (AED 384K, 23 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 384,000
Deposit, UAE resident (20%)
AED 76,800
Deposit, non-resident (40%)
AED 153,600
Monthly over 25 years at 3.7%
AED 1,571

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