Studio · 485 sqftMasaar Residence, Jumeirah Village Circle (JVC) · 4th floor · completed 2014

407, Masaar Residence

Sold prices and rental history: sold twice, last in October 2015, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 21 October 2015
Last soldAED 490K21 October 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Masaar Residence

What is 407 worth today?

Last sold for AED 490,000 in 2015

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21 Oct 2015SoldReady
AED 490,000AED 1,009 per sqft
21 Jan 2014Sold by developerOff-plan
AED 453,025AED 933 per sqft

Source: Dubai Land Department. Updated 21 October 2015.

Key facts

Type
Studio apartment
Size
485 sqft
Floor
4th of 4
Parking
B-44
Developer
Masaar Tower Properties Development
Completed
2014
Service charge
AED 6,900 /yr
Last sold
AED 490K · October 2015

About 407, Masaar Residence

407 is a studio of 485 sqft on the 4th 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 21 October 2015 for AED 490,000, or AED 1,009 per sqft, 7% above the AED 942 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 407 over time

Sales
Unit 407, 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, January 2014: AED 453,025 (AED 933 per sqft)Sold, October 2015: AED 490,000 (AED 1,009 per sqft)

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

Rents
Unit 407, 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 40,000

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 407 sits

All 56 studios →

407 last sold in October 2015 at AED 1,009 per sqft, 7% above what studios in Masaar Residence were fetching at the time (AED 942). 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.

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 4th floor

All 94 units in Masaar Residence
Value
4011-bedAED 480K · Nov 2020
402StudioAED 360K · May 2024
4031-bedAED 690K · Mar 2025
404StudioAED 442K · Jan 2015
405StudioAED 430K · Jan 2025
406StudioAED 73K · Dec 2025
408StudioAED 465K · Feb 2024
1–7 of 15

407, Masaar Residence in numbers

  • Sold twice: first on 21 January 2014 for AED 453,025, last on 21 October 2015 for AED 490,000 (AED 1,009 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 21 October 2015.

Questions about 407, Masaar Residence

What did unit 407 last sell for?

AED 490,000 on 21 October 2015: AED 1,009 per sqft for 485 sqft. The unit has 2 registered sales; the first was AED 453,025 in January 2014.

How big is unit 407?

485 sqft (45.1 sqm): a studio on the 4th floor of a 4-storey tower completed in 2014.

What is unit 407 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 407, Masaar Residence

Starts from the last sale price (AED 490K, 21 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 490,000
Deposit, UAE resident (20%)
AED 98,000
Deposit, non-resident (40%)
AED 196,000
Monthly over 25 years at 3.7%
AED 2,005

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