Studio · 520 sqftNeva Residences, Jumeirah Village Circle (JVC) · 11th floor · completed 2025

1121, Neva Residences

Sold prices and rental history: sold once, by the developer in December 2024, and rented once, from September 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1121 · DLD and Ejari recordsUpdated 30 September 2026
Last soldAED 640K10 December 2024
Current rentAED 44K /yr30 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1121, Neva Residences

What is 1121 worth today?

Last sold for AED 640,000 in 2024

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30 Sep 2026RentedNew contract
AED 44,000/yr12 months · AED 84 per sqft
10 Dec 2024Sold by developerOff-plan
AED 640,000AED 1,231 per sqft

Source: Dubai Land Department. Updated 30 September 2026.

Key facts

Type
Studio apartment
Size
520 sqft
Floor
11th of 17
Parking
1
Developer
Tiger Properties
Completed
2025
Last sold
AED 640K · December 2024

About 1121, Neva Residences

1121 is a studio of 520 sqft on the 11th floor of Neva Residences, a 17-storey tower in Jumeirah Village Circle (JVC) completed in 2025 by Tiger Properties. The developer sold it on 10 December 2024 for AED 640,000, or AED 1,231 per sqft, 5% above the AED 1,170 studios in the building were fetching at the time.

One Ejari contract is registered, from 30 September 2026. The current contract, signed on 30 September 2026, is AED 44,000 a year: a gross yield of 6.9% on the 2024 price.

Sales and rents for 1121 over time

Sales
Unit 1121, each saleTypical studio in Neva Residences
500K600K2023202420252026Typical sale price by year: 2023 AED 515,455; 2024 AED 561,322; 2025 AED 569,050Sold by developer, December 2024: AED 640,000 (AED 1,231 per sqft)

1121 has sold once; the dashed line is the studio median of each year in the building.

Studios in Neva Residences, and where 1121 sits

All 32 studios →

1121 last sold in December 2024 at AED 1,231 per sqft, 5% above what studios in Neva Residences were fetching at the time (AED 1,170). Over the last 12 months studios sold for AED 589,000 to 695,000, around AED 1,225 per sqft, and rent for AED 40,000 to 58,000 a year. 1121's AED 44,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
9 Jul 2026695,000
21 May 2026589,000
25 Aug 2025660,000
31 Jul 2025560,000
2 studio sales in the last 12 months

Neva Residences

Building

391 apartments, studios to 2-bed over 17 floors in Jumeirah Village Circle (JVC), completed in 2025 by Tiger Properties. 74 sold in the last 12 months.

Typical price per sqft
AED 1,124 Up 13.9%
Typical sale
AED 990K
Typical rent
AED 67K /yr
Typical yield
7.3%
Neva Residences, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 11th floor

All 391 units in Neva Residences
Value
11011-bedAED 597K · Sep 2023
11021-bedAED 605K · Sep 2023
11031-bedAED 770K · Sep 2026
11041-bedAED 1.02M · Jan 2025
11051-bedAED 598K · Jan 2025
11061-bedAED 582K · Oct 2023
1107StudioAED 608K · Dec 2024
1–7 of 26

1121, Neva Residences in numbers

  • Sold once: by Tiger Properties on 10 December 2024 for AED 640,000, or AED 1,231 per sqft.
  • Rented since September 2026 on one Ejari contract, at AED 44,000 a year.
  • At AED 44,000 a year the gross yield on the 2024 price is 6.9%.
  • Studios in Neva Residences sold for AED 589,000–695,000 in the 12 months to November 2026; the building's median across all types is AED 1,124 per sqft.

Source: Dubai Land Department. Updated 30 September 2026.

Questions about 1121, Neva Residences

What did unit 1121 last sell for?

AED 640,000 on 10 December 2024, sold by the developer: AED 1,231 per sqft for 520 sqft. It is the only registered sale of the unit.

What is the rent for unit 1121?

AED 44,000 a year on the contract signed on 30 September 2026.

How big is unit 1121?

520 sqft (48.3 sqm): a studio on the 11th floor of a 17-storey tower completed in 2025.

What is unit 1121 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Neva Residences sold for AED 589,000 to 695,000 in the last 12 months, around AED 1,225 per sqft.

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Mortgage on 1121, Neva Residences

Starts from the last sale price (AED 640K, 10 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 640,000
Deposit, UAE resident (20%)
AED 128,000
Deposit, non-resident (40%)
AED 256,000
Monthly over 25 years at 3.7%
AED 2,618

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