Studio · 508 sqftNeva Residences, Jumeirah Village Circle (JVC) · 4th floor · completed 2025

408, Neva Residences

Sold prices and rental history: sold once, by the developer in May 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 8 May 2023
Last soldAED 497K8 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Neva Residences

What is 408 worth today?

Last sold for AED 497,071 in 2023

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8 May 2023Sold by developerOff-plan
AED 497,071AED 977 per sqft

Source: Dubai Land Department. Updated 8 May 2023.

Key facts

Type
Studio apartment
Size
508 sqft
Floor
4th of 17
Parking
1
Developer
Tiger Properties
Completed
2025
Last sold
AED 497K · May 2023

About 408, Neva Residences

408 is a studio of 508 sqft on the 4th floor of Neva Residences, a 17-storey tower in Jumeirah Village Circle (JVC) completed in 2025 by Tiger Properties. The developer sold it on 8 May 2023 for AED 497,071, or AED 977 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical studio in Neva Residences
500K550K2023202420252026Typical sale price by year: 2023 AED 515,455; 2024 AED 561,322; 2025 AED 569,050Sold by developer, May 2023: AED 497,071 (AED 977 per sqft)

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

Studios in Neva Residences, and where 408 sits

All 32 studios →

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.

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 4th floor

All 391 units in Neva Residences
Value
4011-bedAED 1.08M · Apr 2026
4021-bedAED 712K · Aug 2023
4031-bedAED 760K · Jul 2023
4041-bedAED 659K · Jul 2023
4051-bedAED 759K · May 2025
4061-bedAED 801K · Dec 2024
4071-bedAED 801K · Dec 2024
1–7 of 36

408, Neva Residences in numbers

  • Sold once: by Tiger Properties on 8 May 2023 for AED 497,071, or AED 977 per sqft.
  • 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 8 May 2023.

Questions about 408, Neva Residences

What did unit 408 last sell for?

AED 497,071 on 8 May 2023, sold by the developer: AED 977 per sqft for 508 sqft. It is the only registered sale of the unit.

How big is unit 408?

508 sqft (47.2 sqm): a studio on the 4th floor of a 17-storey tower completed in 2025.

What is unit 408 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 408, Neva Residences

Starts from the last sale price (AED 497K, 8 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 497,071
Deposit, UAE resident (20%)
AED 99,414
Deposit, non-resident (40%)
AED 198,828
Monthly over 25 years at 3.7%
AED 2,034

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