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Studio · 495 sqftMasaar Residence, Jumeirah Village Circle (JVC) · 2nd floor · completed 2014

214, Masaar Residence

Sold prices and rental history: sold once, by the developer in March 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 214 · DLD and Ejari recordsUpdated 5 April 2025
Last soldAED 269K6 March 2014
Current rentAED 32K /yr5 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 214, Masaar Residence

What is 214 worth today?

Last sold for AED 269,370 in 2014

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5 Apr 2025RentedRenewal
AED 32,000/yr12 months · AED 65 per sqft
5 Apr 2024RentedNew contract
AED 32,000/yr12 months · AED 65 per sqft
1 Apr 2023RentedNew contract
AED 28,000/yr12 months · AED 57 per sqft
2 Apr 2022RentedNew contract
AED 23,500/yr12 months · AED 47 per sqft
8 Nov 2018RentedNew contract
AED 32,000/yr12 months · AED 65 per sqft
15 Aug 2017RentedRenewal
AED 45,000/yr12 months · AED 91 per sqft
15 Aug 2016RentedNew contract
AED 45,000/yr12 months · AED 91 per sqft
15 Jul 2015RentedNew contract
AED 42,000/yr12 months · AED 85 per sqft

Source: Dubai Land Department. Updated 5 April 2025.

Key facts

Type
Studio apartment
Size
495 sqft
Floor
2nd of 4
Parking
G-10
Developer
Masaar Tower Properties Development
Completed
2014
Service charge
AED 7,100 /yr
Last sold
AED 269K · March 2014
Building
Masaar Residence

About 214, Masaar Residence

214 is a studio of 495 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 6 March 2014 for AED 269,370, or AED 544 per sqft, 42% below the AED 936 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 5 April 2025, is AED 32,000 a year: a gross yield of 11.9% on the 2014 price, before the service charge of about AED 7,100 a year.

Sales and rents for 214 over time

Sales
Unit 214, 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, March 2014: AED 269,370 (AED 544 per sqft)

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

Rents
Unit 214, 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, July 2015: AED 42,000 a yearNew contract, August 2016: AED 45,000 a yearRenewal, August 2017: AED 45,000 a yearNew contract, November 2018: AED 32,000 a yearNew contract, April 2022: AED 23,500 a yearNew contract, April 2023: AED 28,000 a yearNew contract, April 2024: AED 32,000 a yearRenewal, April 2025: AED 32,000 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 214 sits

All 56 studios →

214 last sold in March 2014 at AED 544 per sqft, 42% below what studios in Masaar Residence were fetching at the time (AED 936). 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. 214's AED 32,000 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. 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
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

214, Masaar Residence in numbers

  • Sold once: by Masaar Tower Properties Development on 6 March 2014 for AED 269,370, or AED 544 per sqft.
  • Rented since July 2015 on 8 Ejari contracts. The rent fell from AED 42,000 to AED 23,500 in 2022 and recovered to AED 32,000 by April 2025.
  • At AED 32,000 a year the gross yield on the 2014 price is 11.9%, before a service charge of about AED 7,100 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 939 per sqft.

Source: Dubai Land Department. Updated 5 April 2025.

Questions about 214, Masaar Residence

What did unit 214 last sell for?

AED 269,370 on 6 March 2014, sold by the developer: AED 544 per sqft for 495 sqft. It is the only registered sale of the unit.

What is the rent for unit 214?

AED 32,000 a year on the contract renewed on 5 April 2025. The previous contract, from April 2024, was AED 32,000; the unit has been rented since July 2015.

How big is unit 214?

495 sqft (46.0 sqm): a studio on the 2nd floor of a 4-storey tower completed in 2014.

What is unit 214 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 214, Masaar Residence

Starts from the last sale price (AED 269K, 6 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 269,370
Deposit, UAE resident (20%)
AED 53,874
Deposit, non-resident (40%)
AED 107,748
Monthly over 25 years at 3.7%
AED 1,102

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