Studio · 632 sqftMasaar Residence, Jumeirah Village Circle (JVC) · 4th floor · completed 2014

415, Masaar Residence

Sold prices and rental history: sold 3 times, last in November 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 415 · DLD and Ejari recordsUpdated 2 May 2025
Last soldAED 360K8 November 2023
Current rentAED 66K /yr2 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 415, Masaar Residence

What is 415 worth today?

Last sold for AED 360,000 in 2023

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2 May 2025RentedNew contract
AED 66,000/yr12 months · AED 104 per sqft
2 May 2025RentedNew contract
AED 66,000/yr12 months · AED 104 per sqft
8 Nov 2023SoldReady
AED 360,000AED 569 per sqft
28 Dec 2022RentedNew contract
AED 30,000/yr12 months · AED 47 per sqft
6 Dec 2021RentedNew contract
AED 24,000/yr12 months · AED 38 per sqft
17 Oct 2021SoldReady
AED 323,455AED 511 per sqft
1 Sep 2020RentedNew contract
AED 20,000/yr12 months · AED 31 per sqft
15 Apr 2018RentedNew contract
AED 35,000/yr12 months · AED 55 per sqft

Source: Dubai Land Department. Updated 2 May 2025.

Key facts

Type
Studio apartment
Size
632 sqft
Floor
4th of 4
Parking
B-51
Developer
Masaar Tower Properties Development
Completed
2014
Service charge
AED 9,000 /yr
Last sold
AED 360K · November 2023

About 415, Masaar Residence

415 is a studio of 632 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 8 November 2023 for AED 360,000, or AED 569 per sqft, in line with the AED 577 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 2 May 2025, is AED 66,000 a year: a gross yield of 18.3% on the 2023 price, before the service charge of about AED 9,000 a year.

Sales and rents for 415 over time

Sales
Unit 415, 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 456,420 (AED 722 per sqft)Sold, October 2021: AED 323,455 (AED 511 per sqft)Sold, November 2023: AED 360,000 (AED 569 per sqft)

415 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 415, each contractTypical studio in Masaar Residence
25K50K20152018202120242027Typical 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, March 2017: AED 45,000 a yearNew contract, April 2018: AED 35,000 a yearNew contract, September 2020: AED 20,000 a yearNew contract, December 2021: AED 24,000 a yearNew contract, December 2022: AED 30,000 a yearNew contract, May 2025: AED 66,000 a yearNew contract, May 2025: AED 66,000 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 415 sits

All 56 studios →

415 last sold in November 2023 at AED 569 per sqft, in line with what studios in Masaar Residence were fetching at the time (AED 577). 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. 415's AED 66,000 is in the upper half 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. 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
407StudioAED 490K · Oct 2015
1–7 of 15

415, Masaar Residence in numbers

  • Sold 3 times: first on 23 January 2014 for AED 456,420, last on 8 November 2023 for AED 360,000 (AED 569 per sqft).
  • Rented since March 2017 on 7 Ejari contracts. The rent fell from AED 45,000 to AED 20,000 in 2020 and recovered to AED 66,000 by May 2025.
  • At AED 66,000 a year the gross yield on the 2023 price is 18.3%, before a service charge of about AED 9,000 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 939 per sqft.

Source: Dubai Land Department. Updated 2 May 2025.

Questions about 415, Masaar Residence

What did unit 415 last sell for?

AED 360,000 on 8 November 2023: AED 569 per sqft for 632 sqft. The unit has 3 registered sales; the first was AED 456,420 in January 2014.

What is the rent for unit 415?

AED 66,000 a year on the contract signed on 2 May 2025. The previous contract, from May 2025, was AED 66,000; the unit has been rented since March 2017.

How big is unit 415?

632 sqft (58.7 sqm): a studio on the 4th floor of a 4-storey tower completed in 2014.

What is unit 415 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 415, Masaar Residence

Starts from the last sale price (AED 360K, 8 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 360,000
Deposit, UAE resident (20%)
AED 72,000
Deposit, non-resident (40%)
AED 144,000
Monthly over 25 years at 3.7%
AED 1,473

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