Studio · 508 sqftNeva Residences, Jumeirah Village Circle (JVC) · 5th floor · completed 2025

508, Neva Residences

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

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Unit 508 · DLD and Ejari recordsUpdated 28 August 2026

Last soldAED 505K12 December 2024

Current rentAED 40K /yr28 August 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 508, Neva Residences

Today

What is 508 worth today?

Last sold for AED 504,679 in 2024

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28 Aug 2026

28 Aug 2026RentedNew contract

AED 40,000/yr12 months · AED 77 per sqft

12 Dec 2024

12 Dec 2024Sold by developerOff-plan

AED 504,679AED 992 per sqft

Source: Dubai Land Department. Updated 28 August 2026.

Key facts

Type: Studio apartment
Size: 508 sqft
Floor: 5th of 17
Parking: 1
Developer: Tiger Properties
Completed: 2025
Last sold: AED 505K · December 2024
Building: Neva Residences

About 508, Neva Residences

508 is a studio of 508 sqft on the 5th floor of Neva Residences, a 17-storey tower in Jumeirah Village Circle (JVC) completed in 2025 by Tiger Properties. The developer sold it on 12 December 2024 for AED 504,679, or AED 992 per sqft, 11% below the AED 1,119 studios in the building were fetching at the time.

One Ejari contract is registered, from 28 August 2026. The current contract, signed on 28 August 2026, is AED 40,000 a year: a gross yield of 7.9% on the 2024 price.

Sales and rents for 508 over time

Sales

Unit 508, each saleTypical studio in Neva Residences

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

Studios in Neva Residences, and where 508 sits

All 32 studios →

Studios in Neva Residences · last 12 months1,225 /sqft Neva Residences · all types1,124 /sqft

508 last sold in December 2024 at AED 992 per sqft, 11% below what studios in Neva Residences were fetching at the time (AED 1,119). 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. 508's AED 40,000 is at the bottom of that range.

Recent studio sales	Size	Price (AED)	Per sqft
9 Jul 20269 July 2026	524 sqft	695,000	1,325
21 May 202621 May 2026	524 sqft	589,000	1,124
25 Aug 202525 August 2025	520 sqft	660,000	1,270
31 Jul 202531 July 2025	508 sqft	560,000	1,101

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 5th floor

All 391 units in Neva Residences


501	1-bed	842 sqft	AED 794KAED 793,657 · Dec 2024December 2024	64,000 /yr
502	1-bed	857 sqft	AED 851KAED 850,594 · Dec 2024December 2024
503	1-bed	797 sqft	AED 752KAED 751,549 · Dec 2024December 2024	57,000 /yr
504	1-bed	794 sqft	AED 788KAED 788,327 · Dec 2024December 2024
505	1-bed	804 sqft	AED 1MAED 1,000,000 · May 2026May 2026
506	1-bed	911 sqft	AED 859KAED 859,000 · May 2024May 2024
507	1-bed	911 sqft	AED 714KAED 714,073 · Dec 2024December 2024	65,000 /yr
509	2-bed	1,211 sqft	AED 1.53MAED 1,530,000 · Oct 2026October 2026
510	1-bed	843 sqft	AED 795KAED 794,772 · Nov 2023November 2023
511	1-bed	843 sqft	AED 795KAED 794,671 · Jul 2023July 2023	65,000 /yr
512	Studio	520 sqft	AED 660KAED 660,000 · Aug 2025August 2025	50,000 /yr
513	1-bed	910 sqft	AED 858KAED 858,087 · Dec 2024December 2024	72,000 /yr
514	1-bed	885 sqft	AED 878KAED 878,364 · Dec 2024December 2024
515	1-bed	784 sqft	AED 739KAED 739,069 · Dec 2024December 2024	61,000 /yr
516	2-bed	1,118 sqft	AED 998KAED 998,054 · Jun 2025June 2025
517	1-bed	838 sqft	AED 790KAED 789,801 · Aug 2025August 2025
518	1-bed	885 sqft	AED 850KAED 850,000 · Aug 2026August 2026
519	1-bed	929 sqft	AED 922KAED 921,513 · Dec 2024December 2024
520	1-bed	929 sqft	AED 876KAED 875,500 · Dec 2024December 2024
521	1-bed	860 sqft	AED 950KAED 950,000 · Aug 2026August 2026
522	2-bed	1,134 sqft	AED 1.01MAED 1,011,988 · Dec 2025December 2025	100,000 /yr
523	1-bed	800 sqft	AED 754KAED 754,085 · Dec 2024December 2024	60,000 /yr
524	1-bed	869 sqft	AED 820KAED 819,530 · Dec 2024December 2024	65,000 /yr
525	1-bed	895 sqft	AED 799KAED 798,890 · May 2023May 2023	80,000 /yr
526	Studio	520 sqft	AED 502KAED 502,113 · Jul 2023July 2023	50,000 /yr
527	1-bed	843 sqft	AED 795KAED 794,672 · Jul 2023July 2023	68,000 /yr
528	1-bed	843 sqft	AED 795KAED 794,570 · Feb 2024February 2024	70,000 /yr
529	2-bed	1,197 sqft	AED 1.07MAED 1,068,589 · Dec 2024December 2024
530	Studio	508 sqft	AED 569KAED 569,050 · Jun 2025June 2025	45,000 /yr
531	1-bed	911 sqft	AED 859KAED 858,897 · Jun 2025June 2025
532	1-bed	924 sqft	AED 980KAED 980,000 · May 2026May 2026
533	1-bed	798 sqft	AED 950KAED 950,000 · Dec 2025December 2025	65,000 /yr
534	1-bed	794 sqft	AED 709KAED 709,495 · Jul 2025July 2025
535	1-bed	797 sqft	AED 752KAED 751,549 · Dec 2024December 2024	62,000 /yr
536	1-bed	854 sqft	AED 805KAED 805,021 · Mar 2026March 2026
537	1-bed	842 sqft	AED 794KAED 793,657 · Aug 2025August 2025	65,000 /yr

1–7 of 36

508, Neva Residences in numbers

Sold once: by Tiger Properties on 12 December 2024 for AED 504,679, or AED 992 per sqft.
Rented since August 2026 on one Ejari contract, at AED 40,000 a year.
At AED 40,000 a year the gross yield on the 2024 price is 7.9%.
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 28 August 2026.

Questions about 508, Neva Residences

What did unit 508 last sell for?

AED 504,679 on 12 December 2024, sold by the developer: AED 992 per sqft for 508 sqft. It is the only registered sale of the unit.

What is the rent for unit 508?

AED 40,000 a year on the contract signed on 28 August 2026.

How big is unit 508?

508 sqft (47.2 sqm): a studio on the 5th floor of a 17-storey tower completed in 2025.

What is unit 508 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 508, Neva Residences

Starts from the last sale price (AED 505K, 12 December 2024). Switch to today's estimate once you have unlocked it.

Price: AED 504,679
Deposit, UAE resident (20%): AED 100,936
Deposit, non-resident (40%): AED 201,872
Monthly over 25 years at 3.7%: AED 2,065

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