408, 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.
Property timeline for 408, Milano Giovanni Boutique Suites
What is 408 worth today?
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Source: Dubai Land Department. Updated 29 December 2025.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,171 sqft
- Floor
- 4th of 14
- Parking
- P1-32
- Developer
- Arthur And Hard Man Real Estate Development
- Completed
- 2019
- Last sold
- AED 834K · January 2023
- Building
- Milano Giovanni Boutique Suites
About 408, Milano Giovanni Boutique Suites
408 is a two-bedroom hotel apartment of 1,171 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. It last sold on 5 January 2023 for AED 833,675, or AED 711 per sqft, 4% below the AED 740 two-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 8 Ejari contracts. The current contract, signed on 29 December 2025, is AED 60,000 a year: a gross yield of 7.2% on the 2023 price.
Sales and rents for 408 over time
408 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 408 sits
All 41 2-beds →408 last sold in January 2023 at AED 711 per sqft, 4% below what two-beds in Milano Giovanni Boutique Suites were fetching at the time (AED 740). 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. 408's AED 60,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Oct 202630 October 2026 | 1,152 sqft | 1,200,000 | 1,042 | ||
| 4 Mar 20264 March 2026 | 1,171 sqft | 1,260,000 | 1,075 | ||
| 27 Feb 202627 February 2026 | 1,001 sqft | 1,100,000 | 1,098 | ||
| 16 Dec 202516 December 2025 | 1,171 sqft | 1,340,000 | 1,144 |
Milano Giovanni Boutique Suites
Building124 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%
Other units on the 4th floor
All 124 units in Milano Giovanni Boutique Suites| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,001 sqft | AED 795KAED 795,000 · Jun 2021June 2021 | 80,000 /yr | |
| 402 | Studio | 374 sqft | AED 505KAED 505,000 · Jul 2017July 2017 | ||
| 403 | 2-bed | 1,152 sqft | AED 1MAED 1,000,000 · Oct 2021October 2021 | 85,000 /yr | |
| 404 | Studio | 395 sqft | AED 540KAED 540,000 · Jul 2017July 2017 | 27,500 /yr | |
| 405 | Studio | 397 sqft | AED 540KAED 540,000 · Jul 2017July 2017 | ||
| 406 | Studio | 397 sqft | AED 540KAED 540,000 · Aug 2017August 2017 | ||
| 407 | Studio | 395 sqft | AED 475KAED 475,000 · Sep 2023September 2023 | ||
| 409 | 1-bed | 709 sqft | AED 959KAED 959,000 · Jun 2017June 2017 | 65,000 /yr |
408, Milano Giovanni Boutique Suites in numbers
- Sold 3 times: first on 15 November 2021 for AED 790,000, last on 5 January 2023 for AED 833,675 (AED 711 per sqft).
- Rented since February 2021 on 8 Ejari contracts. The rent fell from AED 92,000 to AED 40,000 in 2023 and recovered to AED 60,000 by December 2025.
- At AED 60,000 a year the gross yield on the 2023 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 December 2025.
Questions about 408, Milano Giovanni Boutique Suites
What did unit 408 last sell for?
AED 833,675 on 5 January 2023: AED 711 per sqft for 1,171 sqft. The unit has 3 registered sales; the first was AED 790,000 in November 2021.
What is the rent for unit 408?
AED 60,000 a year on the contract signed on 29 December 2025. The previous contract, from August 2025, was AED 105,000; the unit has been rented since February 2021.
How big is unit 408?
1,171 sqft (108.8 sqm): a two-bedroom hotel apartment on the 4th floor of a 14-storey tower completed in 2019.
What is unit 408 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 408, Milano Giovanni Boutique Suites
Starts from the last sale price (AED 834K, 5 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 833,675
- Deposit, UAE resident (20%)
- AED 166,735
- Deposit, non-resident (40%)
- AED 333,470
- Monthly over 25 years at 3.7%
- AED 3,411
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →