Studio · 395 sqftMilano Giovanni Boutique Suites, Jumeirah Village Circle (JVC) · 5th floor · completed 2019

507, Milano Giovanni Boutique Suites

Sold prices and rental history: sold 3 times, last in February 2025, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 4 February 2025
Last soldAED 560K4 February 2025
Current rentAED 31K /yr20 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Milano Giovanni Boutique Suites

What is 507 worth today?

Last sold for AED 560,000 in 2025

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4 Feb 2025SoldReady
AED 560,000AED 1,418 per sqft
16 Jan 2024SoldReady
AED 490,000AED 1,241 per sqft
20 Apr 2023RentedRenewal
AED 30,801/yr7 months · AED 78 per sqft
20 Apr 2022RentedRenewal
AED 30,800/yr12 months · AED 78 per sqft
20 Mar 2021RentedNew contract
AED 25,846/yr13 months · AED 65 per sqft
28 Jun 2017Sold by developerOff-plan
AED 540,000AED 1,367 per sqft

Source: Dubai Land Department. Updated 4 February 2025.

Key facts

Type
Studio hotel apartment
Size
395 sqft
Floor
5th of 14
Parking
P2-37
Developer
Arthur And Hard Man Real Estate Development
Completed
2019
Last sold
AED 560K · February 2025

About 507, Milano Giovanni Boutique Suites

507 is a studio of 395 sqft on the 5th 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 February 2025 for AED 560,000, or AED 1,418 per sqft, 3% above the AED 1,375 studios in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 20 April 2023, is AED 30,801 a year: a gross yield of 5.5% on the 2025 price.

Sales and rents for 507 over time

Sales
Unit 507, 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, June 2017: AED 540,000 (AED 1,367 per sqft)Sold, January 2024: AED 490,000 (AED 1,241 per sqft)Sold, February 2025: AED 560,000 (AED 1,418 per sqft)

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

Rents
Unit 507, each contractTypical studio in Milano Giovanni Boutique Suites
40K2020202220242026Typical 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, March 2021: AED 25,846 a yearRenewal, April 2022: AED 30,800 a yearRenewal, April 2023: AED 30,801 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 507 sits

All 70 studios →

507 last sold in February 2025 at AED 1,418 per sqft, 3% above what studios in Milano Giovanni Boutique Suites were fetching at the time (AED 1,375). 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. 507's AED 30,801 is in the lower 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
5012-bedAED 327K · Jan 2021
502StudioAED 510K · Apr 2017
5032-bedAED 1.3M · Oct 2024
504StudioAED 540K · May 2017
505StudioAED 544K · Apr 2017
506StudioAED 310K · Jan 2023
5082-bedAED 1.34M · Dec 2025
1–7 of 8

507, Milano Giovanni Boutique Suites in numbers

  • Sold 3 times: first on 28 June 2017 for AED 540,000, last on 4 February 2025 for AED 560,000 (AED 1,418 per sqft).
  • Rented since March 2021 on 3 Ejari contracts, from AED 25,846 to AED 30,801 a year.
  • At AED 30,801 a year the gross yield on the 2025 price is 5.5%.
  • 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 4 February 2025.

Questions about 507, Milano Giovanni Boutique Suites

What did unit 507 last sell for?

AED 560,000 on 4 February 2025: AED 1,418 per sqft for 395 sqft. The unit has 3 registered sales; the first was AED 540,000 in June 2017.

What is the rent for unit 507?

AED 30,801 a year on the contract renewed on 20 April 2023. The previous contract, from April 2022, was AED 30,800; the unit has been rented since March 2021.

How big is unit 507?

395 sqft (36.7 sqm): a studio on the 5th floor of a 14-storey tower completed in 2019.

What is unit 507 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 507, Milano Giovanni Boutique Suites

Starts from the last sale price (AED 560K, 4 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 560,000
Deposit, UAE resident (20%)
AED 112,000
Deposit, non-resident (40%)
AED 224,000
Monthly over 25 years at 3.7%
AED 2,291

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