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Studio · 483 sqftMasaar Residence, Jumeirah Village Circle (JVC) · 2nd floor · completed 2014

213, Masaar Residence

Sold prices and rental history: sold twice, last in October 2016, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 213 · DLD and Ejari recordsUpdated 10 December 2024
Last soldAED 480K30 October 2016
Current rentAED 27K /yr10 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 213, Masaar Residence

What is 213 worth today?

Last sold for AED 480,000 in 2016

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10 Dec 2024RentedRenewal
AED 27,000/yr12 months · AED 56 per sqft
10 Dec 2023RentedRenewal
AED 23,500/yr12 months · AED 49 per sqft
10 Dec 2022RentedRenewal
AED 21,500/yr12 months · AED 44 per sqft
10 Dec 2021RentedNew contract
AED 21,000/yr12 months · AED 43 per sqft
1 Dec 2020RentedNew contract
AED 21,000/yr12 months · AED 43 per sqft
1 Jun 2019RentedNew contract
AED 30,000/yr12 months · AED 62 per sqft
23 Feb 2018RentedNew contract
AED 35,000/yr12 months · AED 72 per sqft
30 Oct 2016SoldReady
AED 480,000AED 992 per sqft

Source: Dubai Land Department. Updated 10 December 2024.

Key facts

Type
Studio apartment
Size
483 sqft
Floor
2nd of 4
Parking
B-30
Developer
Masaar Tower Properties Development
Completed
2014
Service charge
AED 6,900 /yr
Last sold
AED 480K · October 2016
Building
Masaar Residence

About 213, Masaar Residence

213 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. It last sold on 30 October 2016 for AED 480,000, or AED 992 per sqft, 9% above the AED 907 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 10 December 2024, is AED 27,000 a year: a gross yield of 5.6% on the 2016 price, before the service charge of about AED 6,900 a year.

Sales and rents for 213 over time

Sales
Unit 213, 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, December 2013: AED 446,400 (AED 923 per sqft)Sold, October 2016: AED 480,000 (AED 992 per sqft)

213 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 213, 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, September 2016: AED 48,000 a yearNew contract, February 2018: AED 35,000 a yearNew contract, June 2019: AED 30,000 a yearNew contract, December 2020: AED 21,000 a yearNew contract, December 2021: AED 21,000 a yearRenewal, December 2022: AED 21,500 a yearRenewal, December 2023: AED 23,500 a yearRenewal, December 2024: AED 27,000 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 213 sits

All 56 studios →

213 last sold in October 2016 at AED 992 per sqft, 9% above what studios in Masaar Residence were fetching at the time (AED 907). 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. 213's AED 27,000 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
7.8%
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

213, Masaar Residence in numbers

  • Sold twice: first on 24 December 2013 for AED 446,400, last on 30 October 2016 for AED 480,000 (AED 992 per sqft).
  • Rented since September 2016 on 8 Ejari contracts. The rent fell from AED 48,000 to AED 21,000 in 2021 and recovered to AED 27,000 by December 2024.
  • At AED 27,000 a year the gross yield on the 2016 price is 5.6%, 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 10 December 2024.

Questions about 213, Masaar Residence

What did unit 213 last sell for?

AED 480,000 on 30 October 2016: AED 992 per sqft for 483 sqft. The unit has 2 registered sales; the first was AED 446,400 in December 2013.

What is the rent for unit 213?

AED 27,000 a year on the contract renewed on 10 December 2024. The previous contract, from December 2023, was AED 23,500; the unit has been rented since September 2016.

How big is unit 213?

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

What is unit 213 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 213, Masaar Residence

Starts from the last sale price (AED 480K, 30 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 480,000
Deposit, UAE resident (20%)
AED 96,000
Deposit, non-resident (40%)
AED 192,000
Monthly over 25 years at 3.7%
AED 1,964

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