1609, Neva Residences
Sold prices and rental history: sold twice, last in April 2026, and rented once, from May 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1609, Neva Residences
What is 1609 worth today?
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Source: Dubai Land Department. Updated 15 May 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,132 sqft
- Floor
- 16th of 17
- Parking
- P4-126
- Developer
- Tiger Properties
- Completed
- 2025
- Last sold
- AED 1.43M · April 2026
- Building
- Neva Residences
About 1609, Neva Residences
1609 is a two-bedroom apartment of 1,132 sqft on the 16th floor of Neva Residences, a 17-storey tower in Jumeirah Village Circle (JVC) completed in 2025 by Tiger Properties. It last sold on 24 April 2026 for AED 1,425,000, or AED 1,258 per sqft, 39% above the AED 905 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 15 May 2026. The current contract, signed on 15 May 2026, is AED 112,000 a year: a gross yield of 7.9% on the 2026 price.
Sales and rents for 1609 over time
1609 has sold twice; the dashed line is the two-bed median of each year in the building.
2-beds in Neva Residences, and where 1609 sits
All 44 2-beds →1609 last sold in April 2026 at AED 1,258 per sqft, 39% above what two-beds in Neva Residences were fetching at the time (AED 905). Over the last 12 months two-beds sold for AED 1,011,988 to 1,530,000, around AED 1,192 per sqft, and rent for AED 95,000 to 115,000 a year. 1609's AED 112,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Nov 20263 November 2026 | 1,207 sqft | 1,500,000 | 1,242 | ||
| 28 Oct 202628 October 2026 | 1,211 sqft | 1,530,000 | 1,263 | ||
| 5 Oct 20265 October 2026 | 1,136 sqft | 1,335,000 | 1,175 | ||
| 20 Aug 202620 August 2026 | 1,133 sqft | 1,460,000 | 1,288 |
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 | ||
| 1606 | 1-bed | 929 sqft | AED 1.02MAED 1,024,015 · Aug 2025August 2025 | 70,000 /yr | |
| 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, Neva Residences in numbers
- Sold twice: first on 9 January 2025 for AED 1,259,841, last on 24 April 2026 for AED 1,425,000 (AED 1,258 per sqft).
- Rented since May 2026 on one Ejari contract, at AED 112,000 a year.
- At AED 112,000 a year the gross yield on the 2026 price is 7.9%.
- Two-beds in Neva Residences sold for AED 1,011,988–1,530,000 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 15 May 2026.
Questions about 1609, Neva Residences
What did unit 1609 last sell for?
AED 1,425,000 on 24 April 2026: AED 1,258 per sqft for 1,132 sqft. The unit has 2 registered sales; the first was AED 1,259,841 in January 2025.
What is the rent for unit 1609?
AED 112,000 a year on the contract signed on 15 May 2026.
How big is unit 1609?
1,132 sqft (105.2 sqm): a two-bedroom apartment on the 16th floor of a 17-storey tower completed in 2025.
What is unit 1609 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Neva Residences sold for AED 1,011,988 to 1,530,000 in the last 12 months, around AED 1,192 per sqft.
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Mortgage on 1609, Neva Residences
Starts from the last sale price (AED 1.43M, 24 April 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 1,425,000
- Deposit, UAE resident (20%)
- AED 285,000
- Deposit, non-resident (40%)
- AED 570,000
- Monthly over 25 years at 3.7%
- AED 5,830
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →