Studio · 487 sqftMasaar Residence, Jumeirah Village Circle (JVC) · 3rd floor · completed 2014

308, Masaar Residence

Sold prices and rental history: sold once, by the developer in October 2013, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 308 · DLD and Ejari recordsUpdated 20 October 2026

Last soldAED 425K24 October 2013

Current rentAED 44K /yr20 October 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 308, Masaar Residence

Today

What is 308 worth today?

Last sold for AED 425,000 in 2013

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20 Oct 2026

20 Oct 2026RentedNew contract

AED 44,000/yr12 months · AED 91 per sqft

20 Oct 2025

20 Oct 2025RentedNew contract

AED 44,000/yr12 months · AED 91 per sqft

8 Feb 2018

8 Feb 2018RentedNew contract

AED 38,000/yr12 months · AED 78 per sqft

2 Oct 2016

2 Oct 2016RentedNew contract

AED 45,000/yr12 months · AED 93 per sqft

24 Oct 2013

24 Oct 2013Sold by developerOff-plan

AED 425,000AED 873 per sqft

Source: Dubai Land Department. Updated 20 October 2026.

Key facts

Type: Studio apartment
Size: 487 sqft
Floor: 3rd of 4
Parking: B-60
Developer: Masaar Tower Properties Development
Completed: 2014
Service charge: AED 7,000 /yr
Last sold: AED 425K · October 2013
Building: Masaar Residence

About 308, Masaar Residence

308 is a studio of 487 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. The developer sold it on 24 October 2013 for AED 425,000, or AED 873 per sqft, in line with the AED 877 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, signed on 20 October 2026, is AED 44,000 a year: a gross yield of 10.3% on the 2013 price, before the service charge of about AED 7,000 a year.

Sales and rents for 308 over time

Sales

Unit 308, each saleTypical studio in Masaar Residence

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

Rents

Unit 308, each contractTypical studio in Masaar Residence

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 308 sits

All 56 studios →

Studios in Masaar Residence · last 12 months996 /sqft Masaar Residence · all types964 /sqft

308 last sold in October 2013 at AED 873 per sqft, in line with what studios in Masaar Residence were fetching at the time (AED 877). 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. 308's AED 44,000 is in the lower half of that range.

Recent studio sales	Size	Price (AED)	Per sqft
27 Oct 202627 October 2026	492 sqft	475,000	964
3 Sep 20263 September 2026	517 sqft	450,000	870
2 Sep 20262 September 2026	591 sqft	715,000	1,210
13 May 202613 May 2026	483 sqft	490,000	1,013

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 3rd floor

All 94 units in Masaar Residence


301	2-bed	1,118 sqft	AED 975KAED 975,000 · May 2015May 2015	80,000 /yr
302	1-bed	870 sqft	AED 460KAED 460,000 · Oct 2023October 2023	36,000 /yr
303	1-bed	847 sqft	AED 845KAED 845,000 · Jan 2015January 2015	43,600 /yr
304	1-bed	809 sqft	AED 720KAED 720,000 · Mar 2016March 2016	50,000 /yr
305	Studio	492 sqft	AED 475KAED 475,000 · Oct 2026October 2026	35,000 /yr
306	Studio	483 sqft	AED 420KAED 420,000 · Jan 2025January 2025	55,000 /yr
307	Studio	481 sqft	AED 410KAED 410,000 · Oct 2024October 2024	36,000 /yr
309	2-bed	959 sqft	AED 805KAED 805,000 · Aug 2026August 2026	72,000 /yr
310	2-bed	997 sqft	AED 799KAED 799,000 · May 2019May 2019	64,000 /yr
311	Studio	484 sqft	AED 485KAED 485,100 · Mar 2014March 2014	20,000 /yr
312	Studio	481 sqft	AED 425KAED 425,000 · Apr 2025April 2025	43,757 /yr
313	Studio	483 sqft	AED 490KAED 490,000 · May 2026May 2026	40,000 /yr
314	Studio	495 sqft	AED 480KAED 480,000 · Mar 2015March 2015	40,000 /yr
315	Studio	518 sqft	AED 494KAED 494,040 · Mar 2014March 2014	38,000 /yr
316	Studio	512 sqft	AED 300KAED 300,000 · Mar 2019March 2019	40,000 /yr
317	1-bed	787 sqft	AED 555KAED 555,000 · Feb 2025February 2025	63,000 /yr
318	Studio	595 sqft	AED 400KAED 400,000 · May 2024May 2024	44,000 /yr
319	Studio	523 sqft	AED 493KAED 493,220 · Jun 2014June 2014	40,000 /yr
320	1-bed	820 sqft	AED 538KAED 537,500 · Feb 2025February 2025	50,000 /yr
321	1-bed	602 sqft	AED 320KAED 320,000 · Oct 2023October 2023	55,000 /yr

1–7 of 20

308, Masaar Residence in numbers

Sold once: by Masaar Tower Properties Development on 24 October 2013 for AED 425,000, or AED 873 per sqft.
Rented since October 2016 on 4 Ejari contracts. The rent fell from AED 45,000 to AED 38,000 in 2018 and recovered to AED 44,000 by October 2026.
At AED 44,000 a year the gross yield on the 2013 price is 10.3%, 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 20 October 2026.

Questions about 308, Masaar Residence

What did unit 308 last sell for?

AED 425,000 on 24 October 2013, sold by the developer: AED 873 per sqft for 487 sqft. It is the only registered sale of the unit.

What is the rent for unit 308?

AED 44,000 a year on the contract signed on 20 October 2026. The previous contract, from October 2025, was AED 44,000; the unit has been rented since October 2016.

How big is unit 308?

487 sqft (45.2 sqm): a studio on the 3rd floor of a 4-storey tower completed in 2014.

What is unit 308 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 308, Masaar Residence

Starts from the last sale price (AED 425K, 24 October 2013). Switch to today's estimate once you have unlocked it.

Price: AED 425,000
Deposit, UAE resident (20%): AED 85,000
Deposit, non-resident (40%): AED 170,000
Monthly over 25 years at 3.7%: AED 1,739

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