Studio · 395 sqftMilano Giovanni Boutique Suites, Jumeirah Village Circle (JVC) · 2nd floor · completed 2019

204, Milano Giovanni Boutique Suites

Sold prices and rental history: sold 3 times, last in January 2023, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 204 · DLD and Ejari recordsUpdated 25 March 2026
Last soldAED 310K4 January 2023
Current rentAED 40K /yr25 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 204, Milano Giovanni Boutique Suites

What is 204 worth today?

Last sold for AED 310,000 in 2023

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25 Mar 2026RentedRenewal
AED 40,000/yr12 months · AED 101 per sqft
25 Mar 2025RentedNew contract
AED 40,000/yr12 months · AED 101 per sqft
22 Nov 2024RentedNew contract
AED 40,000/yr12 months · AED 101 per sqft
19 Oct 2023RentedNew contract
AED 40,000/yr12 months · AED 101 per sqft
22 Aug 2023RentedNew contract
AED 42,000/yr12 months · AED 106 per sqft
4 Jul 2023RentedNew contract
AED 45,000/yr12 months · AED 114 per sqft
4 Jan 2023SoldReady
AED 310,000AED 785 per sqft
15 Dec 2022SoldReady
AED 363,232AED 919 per sqft

Source: Dubai Land Department. Updated 25 March 2026.

Key facts

Type
Studio hotel apartment
Size
395 sqft
Floor
2nd of 14
Parking
P1-30
Developer
Arthur And Hard Man Real Estate Development
Completed
2019
Last sold
AED 310K · January 2023

About 204, Milano Giovanni Boutique Suites

204 is a studio of 395 sqft on the 2nd floor of Milano Giovanni Boutique Suites, a 14-storey tower in Jumeirah Village Circle (JVC) completed in 2019 by Arthur And Hard Man Real Estate Development. It last sold on 4 January 2023 for AED 310,000, or AED 785 per sqft, 14% below the AED 911 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 9 Ejari contracts. The current contract, renewed on 25 March 2026, is AED 40,000 a year: a gross yield of 12.9% on the 2023 price.

Sales and rents for 204 over time

Sales
Unit 204, each saleTypical studio in Milano Giovanni Boutique Suites
400K600K2017202020232026Typical sale price by year: 2017 AED 555,000; 2018 AED 600,000; 2021 AED 350,000; 2022 AED 364,226; 2023 AED 440,000; 2024 AED 501,500; 2025 AED 560,000Sold by developer, August 2021: AED 350,000 (AED 886 per sqft)Sold, December 2022: AED 363,232 (AED 919 per sqft)Sold, January 2023: AED 310,000 (AED 785 per sqft)

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

Rents
Unit 204, each contractTypical studio in Milano Giovanni Boutique Suites
40K60K2020202220242026Typical rent by year: 2020 AED 30,000; 2021 AED 32,000; 2022 AED 36,000; 2023 AED 41,884; 2024 AED 48,600; 2025 AED 50,000; 2026 AED 46,900New contract, September 2021: AED 32,000 a yearNew contract, April 2022: AED 60,000 a yearNew contract, June 2022: AED 42,000 a yearNew contract, July 2023: AED 45,000 a yearNew contract, August 2023: AED 42,000 a yearNew contract, October 2023: AED 40,000 a yearNew contract, November 2024: AED 40,000 a yearNew contract, March 2025: AED 40,000 a yearRenewal, March 2026: AED 40,000 a year

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

Studios in Milano Giovanni Boutique Suites, and where 204 sits

All 70 studios →

204 last sold in January 2023 at AED 785 per sqft, 14% below what studios in Milano Giovanni Boutique Suites were fetching at the time (AED 911). Over the last 12 months studios sold for AED 455,000 to 620,000, around AED 1,290 per sqft, and rent for AED 20,000 to 60,000 a year. 204's AED 40,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
22 Apr 2026455,000
6 Mar 2026620,000
24 Dec 2025560,000
19 Dec 2025500,000
4 studio sales in the last 12 months

Milano Giovanni Boutique Suites

Building

124 apartments, studios to 2-bed over 14 floors in Jumeirah Village Circle (JVC), completed in 2019 by Arthur And Hard Man Real Estate Development. 9 sold in the last 12 months.

Typical price per sqft
AED 1,098
Typical sale
AED 1.1M
Typical rent
AED 60K /yr
Typical yield
9.2%
Milano Giovanni Boutique Suites, Jumeirah Village Circle (JVC): prices, sales and rents →
Value
2012-bedAED 835K · Dec 2021
202StudioAED 499K · Jul 2017
2032-bedAED 814K · Jan 2023
205StudioAED 528K · Aug 2017
206StudioAED 560K · Dec 2025
207StudioAED 500K · Sep 2023
2082-bedAED 1.26M · Mar 2026
1–7 of 8

204, Milano Giovanni Boutique Suites in numbers

  • Sold 3 times: first on 17 August 2021 for AED 350,000, last on 4 January 2023 for AED 310,000 (AED 785 per sqft).
  • Rented since September 2021 on 9 Ejari contracts, from AED 32,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2023 price is 12.9%.
  • Studios in Milano Giovanni Boutique Suites sold for AED 455,000–620,000 in the 12 months to November 2026; the building's median across all types is AED 1,098 per sqft.

Source: Dubai Land Department. Updated 25 March 2026.

Questions about 204, Milano Giovanni Boutique Suites

What did unit 204 last sell for?

AED 310,000 on 4 January 2023: AED 785 per sqft for 395 sqft. The unit has 3 registered sales; the first was AED 350,000 in August 2021.

What is the rent for unit 204?

AED 40,000 a year on the contract renewed on 25 March 2026. The previous contract, from March 2025, was AED 40,000; the unit has been rented since September 2021.

How big is unit 204?

395 sqft (36.7 sqm): a studio on the 2nd floor of a 14-storey tower completed in 2019.

What is unit 204 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Milano Giovanni Boutique Suites sold for AED 455,000 to 620,000 in the last 12 months, around AED 1,290 per sqft.

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Mortgage on 204, Milano Giovanni Boutique Suites

Starts from the last sale price (AED 310K, 4 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 310,000
Deposit, UAE resident (20%)
AED 62,000
Deposit, non-resident (40%)
AED 124,000
Monthly over 25 years at 3.7%
AED 1,268

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