Home
Dubai prices
About
Research
1-bed · 1,158 sqftMasaar Residence, Jumeirah Village Circle (JVC) · Ground floor · completed 2014

G02, Masaar Residence

Sold prices and rental history: sold once, by the developer in March 2014, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G02 · DLD and Ejari recordsUpdated 1 January 2021
Last soldAED 939K25 March 2014
Current rentAED 36K /yr1 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow G02

Property timeline for G02, Masaar Residence

What is G02 worth today?

Last sold for AED 938,930 in 2014

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Jan 2021RentedNew contract
AED 36,000/yr12 months · AED 31 per sqft
8 Dec 2019RentedNew contract
AED 40,000/yr12 months · AED 34 per sqft
25 Mar 2014Sold by developerOff-plan
AED 938,930AED 810 per sqft

Source: Dubai Land Department. Updated 1 January 2021.

Key facts

Type
1-bed apartment
Size
1,158 sqft
Floor
Ground of 4
Parking
B-65
Developer
Masaar Tower Properties Development
Completed
2014
Service charge
AED 16,500 /yr
Last sold
AED 939K · March 2014
Building
Masaar Residence

About G02, Masaar Residence

G02 is a one-bedroom apartment of 1,158 sqft on the ground 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 25 March 2014 for AED 938,930, or AED 810 per sqft, 4% below the AED 847 one-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 1 January 2021, is AED 36,000 a year: a gross yield of 3.8% on the 2014 price, before the service charge of about AED 16,500 a year.

Sales and rents for G02 over time

Sales
Unit G02, each saleTypical one-bed in Masaar Residence
500K750K1M2013201720212025Typical 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, March 2014: AED 938,930 (AED 810 per sqft)

G02 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit G02, 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, December 2019: AED 40,000 a yearNew contract, January 2021: AED 36,000 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 G02 sits

All 28 1-beds →

G02 last sold in March 2014 at AED 810 per sqft, 4% below what one-beds in Masaar Residence were fetching at the time (AED 847). 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. G02's AED 36,000 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 ground floor

All 94 units in Masaar Residence
Value
G012-bedAED 800K · May 2024
G031-bedAED 729K · Jul 2016
G041-bedAED 590K · Nov 2025
G051-bedAED 619K · Jul 2016
G06StudioAED 530K · Aug 2016
G07StudioAED 310K · Jan 2023
G08StudioAED 520K · Oct 2015
1–7 of 14

G02, Masaar Residence in numbers

  • Sold once: by Masaar Tower Properties Development on 25 March 2014 for AED 938,930, or AED 810 per sqft.
  • Rented since December 2019 on 2 Ejari contracts, from AED 40,000 to AED 36,000 a year.
  • At AED 36,000 a year the gross yield on the 2014 price is 3.8%, before a service charge of about AED 16,500 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 1 January 2021.

Questions about G02, Masaar Residence

What did unit G02 last sell for?

AED 938,930 on 25 March 2014, sold by the developer: AED 810 per sqft for 1,158 sqft. It is the only registered sale of the unit.

What is the rent for unit G02?

AED 36,000 a year on the contract signed on 1 January 2021. The previous contract, from December 2019, was AED 40,000.

How big is unit G02?

1,158 sqft (107.6 sqm): a one-bedroom apartment on the ground floor of a 4-storey tower completed in 2014.

What is unit G02 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.

Selling G02? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on G02, Masaar Residence

Starts from the last sale price (AED 939K, 25 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 938,930
Deposit, UAE resident (20%)
AED 187,786
Deposit, non-resident (40%)
AED 375,572
Monthly over 25 years at 3.7%
AED 3,841

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