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Studio · 484 sqftMasaar Residence, Jumeirah Village Circle (JVC) · 3rd floor · completed 2014

311, 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 311 · DLD and Ejari recordsUpdated 10 December 2021
Last soldAED 485K6 March 2014
Current rentAED 20K /yr10 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 311, Masaar Residence

What is 311 worth today?

Last sold for AED 485,100 in 2014

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10 Dec 2021RentedNew contract
AED 20,000/yr12 months · AED 41 per sqft
15 May 2021RentedNew contract
AED 19,000/yr12 months · AED 39 per sqft
20 Jan 2019RentedNew contract
AED 32,000/yr12 months · AED 66 per sqft
10 Dec 2017RentedRenewal
AED 40,000/yr12 months · AED 83 per sqft
10 Dec 2016RentedNew contract
AED 42,000/yr12 months · AED 87 per sqft
10 Aug 2015RentedNew contract
AED 44,879/yr12 months · AED 93 per sqft
6 Mar 2014Sold by developerOff-plan
AED 485,100AED 1,003 per sqft

Source: Dubai Land Department. Updated 10 December 2021.

Key facts

Type
Studio apartment
Size
484 sqft
Floor
3rd of 4
Parking
G-12
Developer
Masaar Tower Properties Development
Completed
2014
Service charge
AED 6,900 /yr
Last sold
AED 485K · March 2014
Building
Masaar Residence

About 311, Masaar Residence

311 is a studio of 484 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 6 March 2014 for AED 485,100, or AED 1,003 per sqft, 7% above the AED 936 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 10 December 2021, is AED 20,000 a year: a gross yield of 4.1% on the 2014 price, before the service charge of about AED 6,900 a year.

Sales and rents for 311 over time

Sales
Unit 311, 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 485,100 (AED 1,003 per sqft)

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

Rents
Unit 311, 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, August 2015: AED 44,879 a yearNew contract, December 2016: AED 42,000 a yearRenewal, December 2017: AED 40,000 a yearNew contract, January 2019: AED 32,000 a yearNew contract, May 2021: AED 19,000 a yearNew contract, December 2021: AED 20,000 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 311 sits

All 56 studios →

311 last sold in March 2014 at AED 1,003 per sqft, 7% above 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. 311's AED 20,000 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 3rd floor

All 94 units in Masaar Residence
Value
3012-bedAED 975K · May 2015
3021-bedAED 460K · Oct 2023
3031-bedAED 845K · Jan 2015
3041-bedAED 720K · Mar 2016
305StudioAED 475K · Oct 2026
306StudioAED 420K · Jan 2025
307StudioAED 410K · Oct 2024
1–7 of 20

311, Masaar Residence in numbers

  • Sold once: by Masaar Tower Properties Development on 6 March 2014 for AED 485,100, or AED 1,003 per sqft.
  • Rented since August 2015 on 6 Ejari contracts, from AED 44,879 to AED 20,000 a year.
  • At AED 20,000 a year the gross yield on the 2014 price is 4.1%, 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 2021.

Questions about 311, Masaar Residence

What did unit 311 last sell for?

AED 485,100 on 6 March 2014, sold by the developer: AED 1,003 per sqft for 484 sqft. It is the only registered sale of the unit.

What is the rent for unit 311?

AED 20,000 a year on the contract signed on 10 December 2021. The previous contract, from May 2021, was AED 19,000; the unit has been rented since August 2015.

How big is unit 311?

484 sqft (45.0 sqm): a studio on the 3rd floor of a 4-storey tower completed in 2014.

What is unit 311 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 311, Masaar Residence

Starts from the last sale price (AED 485K, 6 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 485,100
Deposit, UAE resident (20%)
AED 97,020
Deposit, non-resident (40%)
AED 194,040
Monthly over 25 years at 3.7%
AED 1,985

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