G08, Masaar Residence
Sold prices and rental history: sold twice, last in October 2015, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for G08, Masaar Residence
What is G08 worth today?
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Source: Dubai Land Department. Updated 5 May 2026.
Key facts
- Type
- Studio apartment
- Size
- 578 sqft
- Floor
- Ground of 4
- Parking
- B-68
- Developer
- Masaar Tower Properties Development
- Completed
- 2014
- Service charge
- AED 8,300 /yr
- Last sold
- AED 520K · October 2015
- Building
- Masaar Residence
About G08, Masaar Residence
G08 is a studio of 578 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. It last sold on 5 October 2015 for AED 520,000, or AED 899 per sqft, in line with the AED 921 studios in the building were fetching at the time.
It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, signed on 5 May 2026, is AED 40,000 a year: a gross yield of 7.7% on the 2015 price, before the service charge of about AED 8,300 a year.
Sales and rents for G08 over time
G08 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 G08 sits
All 56 studios →G08 last sold in October 2015 at AED 899 per sqft, in line with what studios in Masaar Residence were fetching at the time (AED 921). 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. G08's AED 40,000 is in the lower 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. 11 sold in the last 12 months.
- Typical price per sqft
- AED 964 Up 22.0%
- Typical sale
- AED 500K
- Typical rent
- AED 55K /yr
- Typical yield
- 7.8%
Other units on the ground floor
All 94 units in Masaar Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| G01 | 2-bed | 1,131 sqft | AED 800KAED 800,000 · May 2024May 2024 | 76,000 /yr | |
| G02 | 1-bed | 1,158 sqft | AED 939KAED 938,930 · Mar 2014March 2014 | 36,000 /yr | |
| G03 | 1-bed | 1,189 sqft | AED 729KAED 728,519 · Jul 2016July 2016 | 40,000 /yr | |
| G04 | 1-bed | 809 sqft | AED 590KAED 590,000 · Nov 2025November 2025 | 70,000 /yr | |
| G05 | 1-bed | 1,166 sqft | AED 619KAED 619,466 · Jul 2016July 2016 | 50,000 /yr | |
| G06 | Studio | 652 sqft | AED 530KAED 530,000 · Aug 2016August 2016 | 56,000 /yr | |
| G07 | Studio | 529 sqft | AED 310KAED 310,000 · Jan 2023January 2023 | 35,650 /yr | |
| G09 | Studio | 591 sqft | AED 715KAED 715,000 · Sep 2026September 2026 | 27,000 /yr | |
| G10 | Studio | 517 sqft | AED 450KAED 450,000 · Sep 2026September 2026 | 39,000 /yr | |
| G11 | Studio | 509 sqft | AED 400KAED 400,000 · Dec 2023December 2023 | 80,000 /yr | |
| G12 | 1-bed | 785 sqft | AED 640KAED 640,000 · Mar 2026March 2026 | 70,000 /yr | |
| G13 | Studio | 595 sqft | AED 300KAED 300,000 · May 2019May 2019 | ||
| G14 | Studio | 521 sqft | AED 300KAED 300,000 · Feb 2020February 2020 | 22,172 /yr | |
| G15 | 1-bed | 824 sqft | AED 410KAED 410,000 · Jul 2023July 2023 | 33,000 /yr |
G08, Masaar Residence in numbers
- Sold twice: first on 23 January 2014 for AED 459,140, last on 5 October 2015 for AED 520,000 (AED 899 per sqft).
- Rented since August 2016 on 9 Ejari contracts. The rent fell from AED 50,000 to AED 23,000 in 2021 and recovered to AED 40,000 by May 2026.
- At AED 40,000 a year the gross yield on the 2015 price is 7.7%, before a service charge of about AED 8,300 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 964 per sqft.
Source: Dubai Land Department. Updated 5 May 2026.
Questions about G08, Masaar Residence
What did unit G08 last sell for?
AED 520,000 on 5 October 2015: AED 899 per sqft for 578 sqft. The unit has 2 registered sales; the first was AED 459,140 in January 2014.
What is the rent for unit G08?
AED 40,000 a year on the contract signed on 5 May 2026. The previous contract, from November 2025, was AED 40,000; the unit has been rented since August 2016.
How big is unit G08?
578 sqft (53.7 sqm): a studio on the ground floor of a 4-storey tower completed in 2014.
What is unit G08 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 G08, Masaar Residence
Starts from the last sale price (AED 520K, 5 October 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 520,000
- Deposit, UAE resident (20%)
- AED 104,000
- Deposit, non-resident (40%)
- AED 208,000
- Monthly over 25 years at 3.7%
- AED 2,127
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →