409, Masaar Residence
Sold prices and rental history: sold twice, last in March 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 409, Masaar Residence
What is 409 worth today?
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Source: Dubai Land Department. Updated 5 July 2025.
Key facts
- Type
- Studio apartment
- Size
- 986 sqft
- Floor
- 4th of 4
- Parking
- B-53
- Developer
- Masaar Tower Properties Development
- Completed
- 2014
- Service charge
- AED 14,100 /yr
- Last sold
- AED 340K · March 2023
- Building
- Masaar Residence
About 409, Masaar Residence
409 is a studio of 986 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 30 March 2023 for AED 340,000, or AED 344 per sqft, 30% below the AED 491 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 5 July 2025, is AED 52,000 a year: a gross yield of 15.3% on the 2023 price, before the service charge of about AED 14,100 a year.
Sales and rents for 409 over time
409 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 409 sits
All 56 studios →409 last sold in March 2023 at AED 344 per sqft, 30% below what studios in Masaar Residence were fetching at the time (AED 491). 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. 409's AED 52,000 is in the upper half of that range.
| 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 | |
| 407 | Studio | 485 sqft | AED 490KAED 490,000 · Oct 2015October 2015 | ||
| 408 | Studio | 952 sqft | AED 465KAED 465,000 · Feb 2024February 2024 | 60,000 /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 |
409, Masaar Residence in numbers
- Sold twice: first on 27 May 2014 for AED 724,280, last on 30 March 2023 for AED 340,000 (AED 344 per sqft).
- Rented since April 2017 on 8 Ejari contracts. The rent fell from AED 49,000 to AED 25,000 in 2021 and recovered to AED 52,000 by July 2025.
- At AED 52,000 a year the gross yield on the 2023 price is 15.3%, before a service charge of about AED 14,100 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 939 per sqft.
Source: Dubai Land Department. Updated 5 July 2025.
Questions about 409, Masaar Residence
What did unit 409 last sell for?
AED 340,000 on 30 March 2023: AED 344 per sqft for 986 sqft. The unit has 2 registered sales; the first was AED 724,280 in May 2014.
What is the rent for unit 409?
AED 52,000 a year on the contract signed on 5 July 2025. The previous contract, from July 2025, was AED 52,000; the unit has been rented since April 2017.
How big is unit 409?
986 sqft (91.6 sqm): a studio on the 4th floor of a 4-storey tower completed in 2014.
What is unit 409 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 409, Masaar Residence
Starts from the last sale price (AED 340K, 30 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 340,000
- Deposit, UAE resident (20%)
- AED 68,000
- Deposit, non-resident (40%)
- AED 136,000
- Monthly over 25 years at 3.7%
- AED 1,391
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →