1-bed · 1,492 sqftMasaar Residence, Jumeirah Village Circle (JVC) · 4th floor · completed 2014

416, Masaar Residence

Sold prices and rental history: sold once, by the developer in June 2024, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 416 · DLD and Ejari recordsUpdated 26 June 2024
Last soldAED 530K26 June 2024
Current rentAED 45K /yr10 December 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 416, Masaar Residence

What is 416 worth today?

Last sold for AED 530,000 in 2024

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26 Jun 2024Sold by developerReady
AED 530,000AED 355 per sqft
10 Dec 2018RentedNew contract
AED 45,000/yr12 months · AED 30 per sqft
9 Nov 2015RentedNew contract
AED 67,624/yr12 months · AED 45 per sqft

Source: Dubai Land Department. Updated 26 June 2024.

Key facts

Type
1-bed apartment
Size
1,492 sqft
Floor
4th of 4
Parking
B-37
Developer
Masaar Tower Properties Development
Completed
2014
Service charge
AED 21,300 /yr
Last sold
AED 530K · June 2024

About 416, Masaar Residence

416 is a one-bedroom apartment of 1,492 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. The developer sold it on 26 June 2024 for AED 530,000, or AED 355 per sqft, 33% below the AED 528 one-beds in the building were fetching at the time.

It has been rented since 2015 on 2 Ejari contracts. The current contract, signed on 10 December 2018, is AED 45,000 a year: a gross yield of 8.5% on the 2024 price, before the service charge of about AED 21,300 a year.

Sales and rents for 416 over time

Sales
Unit 416, each saleTypical one-bed in Masaar Residence
400K600K800K2013201720212025Typical sale price by year: 2013 AED 596,060; 2014 AED 806,520; 2015 AED 800,000; 2016 AED 669,733; 2023 AED 435,000; 2024 AED 505,000; 2025 AED 575,000Sold by developer, June 2024: AED 530,000 (AED 355 per sqft)

416 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 416, each contractTypical one-bed in Masaar Residence
40K60K20152018202120242027Typical rent by year: 2015 AED 65,000; 2016 AED 65,000; 2017 AED 60,000; 2018 AED 52,145; 2019 AED 39,000; 2020 AED 36,000; 2021 AED 30,000; 2022 AED 35,500; 2023 AED 36,500; 2024 AED 48,000; 2025 AED 50,000; 2026 AED 56,000New contract, November 2015: AED 67,624 a yearNew contract, December 2018: AED 45,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Masaar Residence, and where 416 sits

All 28 1-beds →

416 last sold in June 2024 at AED 355 per sqft, 33% below what one-beds in Masaar Residence were fetching at the time (AED 528). Over the last 12 months one-beds sold for AED 590,000 to 640,000, around AED 729 per sqft, and rent for AED 50,000 to 75,000 a year. 416's AED 45,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Mar 2026640,000
11 Mar 2026635,000
10 Nov 2025590,000
20 Mar 2025690,000
3 1-bed 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

416, Masaar Residence in numbers

  • Sold once: by Masaar Tower Properties Development on 26 June 2024 for AED 530,000, or AED 355 per sqft.
  • Rented since November 2015 on 2 Ejari contracts, from AED 67,624 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2024 price is 8.5%, before a service charge of about AED 21,300 a year (AED 14.29 per sqft).
  • One-beds in Masaar Residence sold for AED 590,000–640,000 in the 12 months to November 2026; the building's median across all types is AED 939 per sqft.

Source: Dubai Land Department. Updated 26 June 2024.

Questions about 416, Masaar Residence

What did unit 416 last sell for?

AED 530,000 on 26 June 2024, sold by the developer: AED 355 per sqft for 1,492 sqft. It is the only registered sale of the unit.

What is the rent for unit 416?

AED 45,000 a year on the contract signed on 10 December 2018. The previous contract, from November 2015, was AED 67,624.

How big is unit 416?

1,492 sqft (138.6 sqm): a one-bedroom apartment on the 4th floor of a 4-storey tower completed in 2014.

What is unit 416 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Masaar Residence sold for AED 590,000 to 640,000 in the last 12 months, around AED 729 per sqft.

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Mortgage on 416, Masaar Residence

Starts from the last sale price (AED 530K, 26 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 530,000
Deposit, UAE resident (20%)
AED 106,000
Deposit, non-resident (40%)
AED 212,000
Monthly over 25 years at 3.7%
AED 2,168

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