2-bed · 1,171 sqftMilano Giovanni Boutique Suites, Jumeirah Village Circle (JVC) · 3rd floor · completed 2019

308, Milano Giovanni Boutique Suites

Sold prices and rental history: sold once, by the developer in October 2017, and rented once, from April 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 29 April 2023
Last soldAED 1.39M18 October 2017
Current rentAED 100K /yr29 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Milano Giovanni Boutique Suites

What is 308 worth today?

Last sold for AED 1,385,000 in 2017

Unlock today's estimate, updated daily, with

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

29 Apr 2023RentedNew contract
AED 100,000/yr12 months · AED 85 per sqft
18 Oct 2017Sold by developerOff-plan
AED 1,385,000AED 1,182 per sqft

Source: Dubai Land Department. Updated 29 April 2023.

Key facts

Type
2-bed hotel apartment
Size
1,171 sqft
Floor
3rd of 14
Parking
P2-08
Developer
Arthur And Hard Man Real Estate Development
Completed
2019
Last sold
AED 1.39M · October 2017

About 308, Milano Giovanni Boutique Suites

308 is a two-bedroom hotel apartment of 1,171 sqft on the 3rd 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. The developer sold it on 18 October 2017 for AED 1,385,000, or AED 1,182 per sqft, in line with the AED 1,194 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 29 April 2023. The current contract, signed on 29 April 2023, is AED 100,000 a year: a gross yield of 7.2% on the 2017 price.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical two-bed in Milano Giovanni Boutique Suites
750K1M1.25M2017202020232026Typical sale price by year: 2017 AED 1,372,000; 2021 AED 842,500; 2022 AED 900,000; 2023 AED 877,500; 2025 AED 1,250,000; 2026 AED 1,200,000Sold by developer, October 2017: AED 1,385,000 (AED 1,182 per sqft)

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

Rents
Unit 308, each contractTypical two-bed in Milano Giovanni Boutique Suites
80K100K2020202220242026Typical rent by year: 2020 AED 68,000; 2021 AED 86,000; 2022 AED 80,000; 2023 AED 85,500; 2024 AED 95,000; 2025 AED 95,000; 2026 AED 81,000New contract, April 2023: AED 100,000 a year

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

2-beds in Milano Giovanni Boutique Suites, and where 308 sits

All 41 2-beds →

308 last sold in October 2017 at AED 1,182 per sqft, in line with what two-beds in Milano Giovanni Boutique Suites were fetching at the time (AED 1,194). Over the last 12 months two-beds sold for AED 1,100,000 to 1,340,000, around AED 1,075 per sqft, and rent for AED 50,000 to 126,000 a year. 308's AED 100,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
30 Oct 20261,200,000
4 Mar 20261,260,000
27 Feb 20261,100,000
16 Dec 20251,340,000
5 2-bed 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
3012-bedAED 500K · Jun 2021
302StudioAED 310K · Jan 2023
3032-bedAED 1M · Oct 2021
304StudioAED 510K · Jul 2017
305StudioAED 534K · Apr 2017
306StudioAED 528K · May 2017
307StudioAED 528K · Jul 2017
1–7 of 8

308, Milano Giovanni Boutique Suites in numbers

  • Sold once: by Arthur And Hard Man Real Estate Development on 18 October 2017 for AED 1,385,000, or AED 1,182 per sqft.
  • Rented since April 2023 on one Ejari contract, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2017 price is 7.2%.
  • Two-beds in Milano Giovanni Boutique Suites sold for AED 1,100,000–1,340,000 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 29 April 2023.

Questions about 308, Milano Giovanni Boutique Suites

What did unit 308 last sell for?

AED 1,385,000 on 18 October 2017, sold by the developer: AED 1,182 per sqft for 1,171 sqft. It is the only registered sale of the unit.

What is the rent for unit 308?

AED 100,000 a year on the contract signed on 29 April 2023.

How big is unit 308?

1,171 sqft (108.8 sqm): a two-bedroom hotel apartment on the 3rd floor of a 14-storey tower completed in 2019.

What is unit 308 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Milano Giovanni Boutique Suites sold for AED 1,100,000 to 1,340,000 in the last 12 months, around AED 1,075 per sqft.

Selling 308? 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 308, Milano Giovanni Boutique Suites

Starts from the last sale price (AED 1.39M, 18 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,385,000
Deposit, UAE resident (20%)
AED 277,000
Deposit, non-resident (40%)
AED 554,000
Monthly over 25 years at 3.7%
AED 5,666

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