
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.
Property timeline for 407, Masaar Residence
What is 407 worth today?
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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
- Building
- Masaar Residence
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
407 has sold twice; the dashed line is the studio median of each year in the building.
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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
Masaar Residence
Building94 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%
Other units on the 4th floor
All 94 units in Masaar Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 1,441 sqft | AED 480KAED 480,000 · Nov 2020November 2020 | 95,000 /yr | |
| 402 | Studio | 562 sqft | AED 360KAED 360,000 · May 2024May 2024 | 41,000 /yr | |
| 403 | 1-bed | 1,433 sqft | AED 690KAED 690,000 · Mar 2025March 2025 | 45,000 /yr | |
| 404 | Studio | 494 sqft | AED 442KAED 442,125 · Jan 2015January 2015 | 40,000 /yr | |
| 405 | Studio | 483 sqft | AED 430KAED 430,000 · Jan 2025January 2025 | 60,000 /yr | |
| 406 | Studio | 80 sqft | AED 73KAED 73,382 · Dec 2025December 2025 | 42,000 /yr | |
| 408 | Studio | 952 sqft | AED 465KAED 465,000 · Feb 2024February 2024 | 60,000 /yr | |
| 409 | Studio | 986 sqft | AED 340KAED 340,000 · Mar 2023March 2023 | 52,000 /yr | |
| 410 | Studio | 483 sqft | AED 485KAED 485,000 · Feb 2017February 2017 | 30,000 /yr | |
| 411 | Studio | 482 sqft | AED 470KAED 470,000 · Sep 2016September 2016 | 44,000 /yr | |
| 412 | Studio | 483 sqft | AED 455KAED 455,400 · Mar 2014March 2014 | 23,000 /yr | |
| 413 | Studio | 492 sqft | AED 410KAED 410,000 · Mar 2025March 2025 | 55,000 /yr | |
| 414 | 1-bed | 1,607 sqft | AED 575KAED 575,000 · Oct 2023October 2023 | 56,000 /yr | |
| 415 | Studio | 632 sqft | AED 360KAED 360,000 · Nov 2023November 2023 | 66,000 /yr | |
| 416 | 1-bed | 1,492 sqft | AED 530KAED 530,000 · Jun 2024June 2024 | 45,000 /yr |
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.
Selling 407? Put it on the OpenOffers board
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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 →