1606, Neva Residences
Sold prices and rental history: sold once, by the developer in August 2025, and rented once, from June 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1606, Neva Residences
What is 1606 worth today?
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Source: Dubai Land Department. Updated 5 June 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 929 sqft
- Floor
- 16th of 17
- Parking
- 1
- Developer
- Tiger Properties
- Completed
- 2025
- Last sold
- AED 1.02M · August 2025
- Building
- Neva Residences
About 1606, Neva Residences
1606 is a one-bedroom apartment of 929 sqft on the 16th floor of Neva Residences, a 17-storey tower in Jumeirah Village Circle (JVC) completed in 2025 by Tiger Properties. The developer sold it on 5 August 2025 for AED 1,024,015, or AED 1,102 per sqft, 12% above the AED 987 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 5 June 2026. The current contract, signed on 5 June 2026, is AED 70,000 a year: a gross yield of 6.8% on the 2025 price.
Sales and rents for 1606 over time
1606 has sold once; the dashed line is the one-bed median of each year in the building.
1-beds in Neva Residences, and where 1606 sits
All 315 1-beds →1606 last sold in August 2025 at AED 1,102 per sqft, 12% above what one-beds in Neva Residences were fetching at the time (AED 987). Over the last 12 months one-beds sold for AED 455,537 to 1,524,600, around AED 1,119 per sqft, and rent for AED 32,500 to 85,000 a year. 1606's AED 70,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Nov 20262 November 2026 | 780 sqft | 1,170,000 | 1,500 | ||
| 27 Oct 202627 October 2026 | 805 sqft | 890,000 | 1,105 | ||
| 15 Oct 202615 October 2026 | 869 sqft | 935,000 | 1,076 | ||
| 7 Oct 20267 October 2026 | 924 sqft | 970,000 | 1,049 |
Neva Residences
Building391 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%
Other units on the 16th floor
All 391 units in Neva Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 733 sqft | AED 794KAED 794,184 · Jun 2024June 2024 | ||
| 1602 | 2-bed | 1,132 sqft | AED 1.35MAED 1,350,000 · Jul 2026July 2026 | ||
| 1603 | 1-bed | 786 sqft | AED 806KAED 806,022 · Sep 2023September 2023 | ||
| 1604 | 1-bed | 787 sqft | AED 800KAED 800,000 · Aug 2025August 2025 | 65,000 /yr | |
| 1605 | 1-bed | 929 sqft | AED 1.02MAED 1,024,015 · Aug 2025August 2025 | ||
| 1607 | 1-bed | 787 sqft | AED 750KAED 750,001 · Jul 2024July 2024 | ||
| 1608 | 1-bed | 749 sqft | AED 872KAED 872,403 · Apr 2026April 2026 | ||
| 1609 | 2-bed | 1,132 sqft | AED 1.43MAED 1,425,000 · Apr 2026April 2026 | 112,000 /yr |
1606, Neva Residences in numbers
- Sold once: by Tiger Properties on 5 August 2025 for AED 1,024,015, or AED 1,102 per sqft.
- Rented since June 2026 on one Ejari contract, at AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2025 price is 6.8%.
- One-beds in Neva Residences sold for AED 455,537–1,524,600 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 5 June 2026.
Questions about 1606, Neva Residences
What did unit 1606 last sell for?
AED 1,024,015 on 5 August 2025, sold by the developer: AED 1,102 per sqft for 929 sqft. It is the only registered sale of the unit.
What is the rent for unit 1606?
AED 70,000 a year on the contract signed on 5 June 2026.
How big is unit 1606?
929 sqft (86.3 sqm): a one-bedroom apartment on the 16th floor of a 17-storey tower completed in 2025.
What is unit 1606 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Neva Residences sold for AED 455,537 to 1,524,600 in the last 12 months, around AED 1,119 per sqft.
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Mortgage on 1606, Neva Residences
Starts from the last sale price (AED 1.02M, 5 August 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,024,015
- Deposit, UAE resident (20%)
- AED 204,803
- Deposit, non-resident (40%)
- AED 409,606
- Monthly over 25 years at 3.7%
- AED 4,190
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →