1-bed · 709 sqftMilano Giovanni Boutique Suites, Jumeirah Village Circle (JVC) · 4th floor · completed 2019

409, Milano Giovanni Boutique Suites

Sold prices and rental history: sold once, by the developer in June 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 10 October 2025
Last soldAED 959K28 June 2017
Current rentAED 65K /yr10 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Milano Giovanni Boutique Suites

What is 409 worth today?

Last sold for AED 959,000 in 2017

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10 Oct 2025RentedNew contract
AED 65,000/yr12 months · AED 92 per sqft
18 Dec 2023RentedNew contract
AED 70,000/yr12 months · AED 99 per sqft
29 Oct 2022RentedNew contract
AED 55,000/yr12 months · AED 78 per sqft
19 Sep 2021RentedNew contract
AED 45,000/yr12 months · AED 63 per sqft
25 Jun 2020RentedNew contract
AED 47,000/yr12 months · AED 66 per sqft
28 Jun 2017Sold by developerOff-plan
AED 959,000AED 1,352 per sqft

Source: Dubai Land Department. Updated 10 October 2025.

Key facts

Type
1-bed hotel apartment
Size
709 sqft
Floor
4th of 14
Parking
P2-24
Developer
Arthur And Hard Man Real Estate Development
Completed
2019
Last sold
AED 959K · June 2017

About 409, Milano Giovanni Boutique Suites

409 is a one-bedroom hotel apartment of 709 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 28 June 2017 for AED 959,000, or AED 1,352 per sqft, in line with the AED 1,352 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 10 October 2025, is AED 65,000 a year: a gross yield of 6.8% on the 2017 price.

Sales and rents for 409 over time

Sales
Unit 409, each saleTypical one-bed in Milano Giovanni Boutique Suites
500K1M2017202020232026Typical sale price by year: 2017 AED 971,000; 2021 AED 495,000; 2022 AED 286,777; 2023 AED 524,751; 2025 AED 850,000Sold by developer, June 2017: AED 959,000 (AED 1,352 per sqft)

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

Rents
Unit 409, each contractTypical one-bed in Milano Giovanni Boutique Suites
60K2020202220242026Typical rent by year: 2021 AED 45,000; 2022 AED 62,500; 2023 AED 50,000; 2024 AED 60,000; 2025 AED 60,000; 2026 AED 60,000New contract, June 2020: AED 47,000 a yearNew contract, September 2021: AED 45,000 a yearNew contract, October 2022: AED 55,000 a yearNew contract, December 2023: AED 70,000 a yearNew contract, October 2025: AED 65,000 a year

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

1-beds in Milano Giovanni Boutique Suites, and where 409 sits

All 13 1-beds →

409 last sold in June 2017 at AED 1,352 per sqft, in line with what one-beds in Milano Giovanni Boutique Suites were fetching at the time (AED 1,352). 409's AED 65,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
31 Jul 20251,025,000
1 May 2025831,000
28 Feb 2025850,000
1 Apr 2024750,000
0 1-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
4012-bedAED 795K · Jun 2021
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
1–7 of 8

409, Milano Giovanni Boutique Suites in numbers

  • Sold once: by Arthur And Hard Man Real Estate Development on 28 June 2017 for AED 959,000, or AED 1,352 per sqft.
  • Rented since June 2020 on 5 Ejari contracts, from AED 47,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2017 price is 6.8%.

Source: Dubai Land Department. Updated 10 October 2025.

Questions about 409, Milano Giovanni Boutique Suites

What did unit 409 last sell for?

AED 959,000 on 28 June 2017, sold by the developer: AED 1,352 per sqft for 709 sqft. It is the only registered sale of the unit.

What is the rent for unit 409?

AED 65,000 a year on the contract signed on 10 October 2025. The previous contract, from December 2023, was AED 70,000; the unit has been rented since June 2020.

How big is unit 409?

709 sqft (65.9 sqm): a one-bedroom hotel apartment on the 4th floor of a 14-storey tower completed in 2019.

What is unit 409 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 409, Milano Giovanni Boutique Suites

Starts from the last sale price (AED 959K, 28 June 2017). Switch to today's estimate once you have unlocked it.
Price
AED 959,000
Deposit, UAE resident (20%)
AED 191,800
Deposit, non-resident (40%)
AED 383,600
Monthly over 25 years at 3.7%
AED 3,924

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