1-bed · 847 sqftMasaar Residence, Jumeirah Village Circle (JVC) · 3rd floor · completed 2014

303, Masaar Residence

Sold prices and rental history: sold twice, last 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 303 · DLD and Ejari recordsUpdated 20 February 2024
Last soldAED 845K22 January 2015
Current rentAED 44K /yr20 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, Masaar Residence

What is 303 worth today?

Last sold for AED 845,000 in 2015

Unlock today's estimate, updated daily, with

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

20 Feb 2024RentedRenewal
AED 43,600/yr12 months · AED 51 per sqft
20 Feb 2023RentedRenewal
AED 39,600/yr12 months · AED 47 per sqft
20 Feb 2022RentedNew contract
AED 33,000/yr12 months · AED 39 per sqft
15 Jan 2021RentedNew contract
AED 30,000/yr12 months · AED 35 per sqft
10 Jun 2018RentedNew contract
AED 48,000/yr12 months · AED 56 per sqft
15 Mar 2017RentedNew contract
AED 60,000/yr12 months · AED 71 per sqft
22 Jan 2015SoldOff-plan
AED 845,000AED 997 per sqft
29 Apr 2014Sold by developerOff-plan
AED 840,720AED 992 per sqft

Source: Dubai Land Department. Updated 20 February 2024.

Key facts

Type
1-bed apartment
Size
847 sqft
Floor
3rd of 4
Parking
B-94
Developer
Masaar Tower Properties Development
Completed
2014
Service charge
AED 12,100 /yr
Last sold
AED 845K · January 2015

About 303, Masaar Residence

303 is a one-bedroom apartment of 847 sqft on the 3rd 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 22 January 2015 for AED 845,000, or AED 997 per sqft, in line with the AED 976 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 20 February 2024, is AED 43,600 a year: a gross yield of 5.2% on the 2015 price, before the service charge of about AED 12,100 a year.

Sales and rents for 303 over time

Sales
Unit 303, each saleTypical one-bed in Masaar Residence
400K600K800K2013201720212025Typical sale price by year: 2013 AED 596,060; 2014 AED 806,520; 2015 AED 800,000; 2016 AED 669,733; 2023 AED 435,000; 2024 AED 505,000; 2025 AED 575,000Sold by developer, April 2014: AED 840,720 (AED 992 per sqft)Sold, January 2015: AED 845,000 (AED 997 per sqft)

303 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 303, each contractTypical one-bed in Masaar Residence
40K60K20152018202120242027Typical rent by year: 2015 AED 65,000; 2016 AED 65,000; 2017 AED 60,000; 2018 AED 52,145; 2019 AED 39,000; 2020 AED 36,000; 2021 AED 30,000; 2022 AED 35,500; 2023 AED 36,500; 2024 AED 48,000; 2025 AED 50,000; 2026 AED 55,500New contract, March 2017: AED 60,000 a yearNew contract, June 2018: AED 48,000 a yearNew contract, January 2021: AED 30,000 a yearNew contract, February 2022: AED 33,000 a yearRenewal, February 2023: AED 39,600 a yearRenewal, February 2024: AED 43,600 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Masaar Residence, and where 303 sits

All 28 1-beds →

303 last sold in January 2015 at AED 997 per sqft, in line with what one-beds in Masaar Residence were fetching at the time (AED 976). Over the last 12 months one-beds sold for AED 635,000 to 640,000, around AED 772 per sqft, and rent for AED 50,000 to 75,000 a year. 303's AED 43,600 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Mar 2026640,000
11 Mar 2026635,000
10 Nov 2025590,000
20 Mar 2025690,000
2 1-bed 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 3rd floor

All 94 units in Masaar Residence
Value
3012-bedAED 975K · May 2015
3021-bedAED 460K · Oct 2023
3041-bedAED 720K · Mar 2016
305StudioAED 475K · Oct 2026
306StudioAED 420K · Jan 2025
307StudioAED 410K · Oct 2024
308StudioAED 425K · Oct 2013
1–7 of 20

303, Masaar Residence in numbers

  • Sold twice: first on 29 April 2014 for AED 840,720, last on 22 January 2015 for AED 845,000 (AED 997 per sqft).
  • Rented since March 2017 on 6 Ejari contracts. The rent fell from AED 60,000 to AED 30,000 in 2021 and recovered to AED 43,600 by February 2024.
  • At AED 43,600 a year the gross yield on the 2015 price is 5.2%, before a service charge of about AED 12,100 a year (AED 14.29 per sqft).
  • One-beds in Masaar Residence sold for AED 635,000–640,000 in the 12 months to November 2026; the building's median across all types is AED 964 per sqft.

Source: Dubai Land Department. Updated 20 February 2024.

Questions about 303, Masaar Residence

What did unit 303 last sell for?

AED 845,000 on 22 January 2015: AED 997 per sqft for 847 sqft. The unit has 2 registered sales; the first was AED 840,720 in April 2014.

What is the rent for unit 303?

AED 43,600 a year on the contract renewed on 20 February 2024. The previous contract, from February 2023, was AED 39,600; the unit has been rented since March 2017.

How big is unit 303?

847 sqft (78.7 sqm): a one-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2014.

What is unit 303 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Masaar Residence sold for AED 635,000 to 640,000 in the last 12 months, around AED 772 per sqft.

Selling 303? 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 303, Masaar Residence

Starts from the last sale price (AED 845K, 22 January 2015). Switch to today's estimate once you have unlocked it.
Price
AED 845,000
Deposit, UAE resident (20%)
AED 169,000
Deposit, non-resident (40%)
AED 338,000
Monthly over 25 years at 3.7%
AED 3,457

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