2-bed · 1,001 sqftMilano Giovanni Boutique Suites, Jumeirah Village Circle (JVC) · 4th floor · completed 2019

401, Milano Giovanni Boutique Suites

Sold prices and rental history: sold once, by the developer in June 2021, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 15 June 2026
Last soldAED 795K9 June 2021
Current rentAED 80K /yr15 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Milano Giovanni Boutique Suites

What is 401 worth today?

Last sold for AED 795,000 in 2021

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15 Jun 2026RentedNew contract
AED 80,000/yr12 months · AED 80 per sqft
16 Jul 2024RentedNew contract
AED 100,000/yr12 months · AED 100 per sqft
15 Apr 2023RentedNew contract
AED 86,000/yr12 months · AED 86 per sqft
9 Jun 2021Sold by developerReady
AED 795,000AED 794 per sqft

Source: Dubai Land Department. Updated 15 June 2026.

Key facts

Type
2-bed hotel apartment
Size
1,001 sqft
Floor
4th of 14
Parking
P1-20
Developer
Arthur And Hard Man Real Estate Development
Completed
2019
Last sold
AED 795K · June 2021

About 401, Milano Giovanni Boutique Suites

401 is a two-bedroom hotel apartment of 1,001 sqft on the 4th 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 9 June 2021 for AED 795,000, or AED 794 per sqft, 3% below the AED 821 two-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 15 June 2026, is AED 80,000 a year: a gross yield of 10.1% on the 2021 price.

Sales and rents for 401 over time

Sales
Unit 401, each saleTypical two-bed in Milano Giovanni Boutique Suites
1M2017202020232026Typical 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, June 2021: AED 795,000 (AED 794 per sqft)

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

Rents
Unit 401, 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 86,000 a yearNew contract, July 2024: AED 100,000 a yearNew contract, June 2026: AED 80,000 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 401 sits

All 41 2-beds →

401 last sold in June 2021 at AED 794 per sqft, 3% below what two-beds in Milano Giovanni Boutique Suites were fetching at the time (AED 821). 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. 401's AED 80,000 is in the lower 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
402StudioAED 505K · Jul 2017
4032-bedAED 1M · Oct 2021
404StudioAED 540K · Jul 2017
405StudioAED 540K · Jul 2017
406StudioAED 540K · Aug 2017
407StudioAED 475K · Sep 2023
4082-bedAED 834K · Jan 2023
1–7 of 8

401, Milano Giovanni Boutique Suites in numbers

  • Sold once: by Arthur And Hard Man Real Estate Development on 9 June 2021 for AED 795,000, or AED 794 per sqft.
  • Rented since April 2023 on 3 Ejari contracts, from AED 86,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2021 price is 10.1%.
  • 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 15 June 2026.

Questions about 401, Milano Giovanni Boutique Suites

What did unit 401 last sell for?

AED 795,000 on 9 June 2021, sold by the developer: AED 794 per sqft for 1,001 sqft. It is the only registered sale of the unit.

What is the rent for unit 401?

AED 80,000 a year on the contract signed on 15 June 2026. The previous contract, from July 2024, was AED 100,000; the unit has been rented since April 2023.

How big is unit 401?

1,001 sqft (93.0 sqm): a two-bedroom hotel apartment on the 4th floor of a 14-storey tower completed in 2019.

What is unit 401 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.

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Mortgage on 401, Milano Giovanni Boutique Suites

Starts from the last sale price (AED 795K, 9 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 795,000
Deposit, UAE resident (20%)
AED 159,000
Deposit, non-resident (40%)
AED 318,000
Monthly over 25 years at 3.7%
AED 3,253

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