509, Milano Giovanni Boutique Suites
Sold prices and rental history: sold 4 times, last in January 2023, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 509, Milano Giovanni Boutique Suites
What is 509 worth today?
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Source: Dubai Land Department. Updated 10 October 2026.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 709 sqft
- Floor
- 5th of 14
- Parking
- P3-01
- Developer
- Arthur And Hard Man Real Estate Development
- Completed
- 2019
- Last sold
- AED 522K · January 2023
- Building
- Milano Giovanni Boutique Suites
About 509, Milano Giovanni Boutique Suites
509 is a one-bedroom hotel apartment of 709 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 5 January 2023 for AED 522,492, or AED 736 per sqft, 7% above the AED 687 one-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 9 Ejari contracts. The current contract, signed on 10 October 2026, is AED 60,000 a year: a gross yield of 11.5% on the 2023 price.
Sales and rents for 509 over time
509 has sold 4 times; the dashed line is the one-bed median of each year in the building.
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 509 sits
All 13 1-beds →509 last sold in January 2023 at AED 736 per sqft, 7% above what one-beds in Milano Giovanni Boutique Suites were fetching at the time (AED 687). 509's AED 60,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 31 Jul 202531 July 2025 | 709 sqft | 1,025,000 | 1,445 | ||
| 1 May 20251 May 2025 | 709 sqft | 831,000 | 1,171 | ||
| 28 Feb 202528 February 2025 | 709 sqft | 850,000 | 1,198 | ||
| 1 Apr 20241 April 2024 | 709 sqft | 750,000 | 1,057 |
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 5th floor
All 124 units in Milano Giovanni Boutique Suites| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,001 sqft | AED 327KAED 326,750 · Jan 2021January 2021 | ||
| 502 | Studio | 374 sqft | AED 510KAED 510,000 · Apr 2017April 2017 | 51,000 /yr | |
| 503 | 2-bed | 1,152 sqft | AED 1.3MAED 1,300,000 · Oct 2024October 2024 | 120,000 /yr | |
| 504 | Studio | 395 sqft | AED 540KAED 540,000 · May 2017May 2017 | 46,800 /yr | |
| 505 | Studio | 397 sqft | AED 544KAED 543,900 · Apr 2017April 2017 | ||
| 506 | Studio | 397 sqft | AED 310KAED 310,000 · Jan 2023January 2023 | 45,000 /yr | |
| 507 | Studio | 395 sqft | AED 560KAED 560,000 · Feb 2025February 2025 | 30,801 /yr | |
| 508 | 2-bed | 1,171 sqft | AED 1.34MAED 1,340,000 · Dec 2025December 2025 |
509, Milano Giovanni Boutique Suites in numbers
- Sold 4 times: first on 25 December 2018 for AED 500,000, last on 5 January 2023 for AED 522,492 (AED 736 per sqft).
- Rented since February 2022 on 9 Ejari contracts. The rent fell from AED 60,000 to AED 50,000 in 2023 and recovered to AED 60,000 by October 2026.
- At AED 60,000 a year the gross yield on the 2023 price is 11.5%.
Source: Dubai Land Department. Updated 10 October 2026.
Questions about 509, Milano Giovanni Boutique Suites
What did unit 509 last sell for?
AED 522,492 on 5 January 2023: AED 736 per sqft for 709 sqft. The unit has 4 registered sales; the first was AED 500,000 in December 2018.
What is the rent for unit 509?
AED 60,000 a year on the contract signed on 10 October 2026. The previous contract, from February 2026, was AED 60,000; the unit has been rented since February 2022.
How big is unit 509?
709 sqft (65.9 sqm): a one-bedroom hotel apartment on the 5th floor of a 14-storey tower completed in 2019.
What is unit 509 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 509, Milano Giovanni Boutique Suites
Starts from the last sale price (AED 522K, 5 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 522,492
- Deposit, UAE resident (20%)
- AED 104,498
- Deposit, non-resident (40%)
- AED 208,997
- Monthly over 25 years at 3.7%
- AED 2,138
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →