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Studio · 385 sqftPlazzo Heights, Jumeirah Village Circle (JVC) · 2nd floor · completed 2020

229, Plazzo Heights

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

Unit 229 · DLD and Ejari recordsUpdated 25 September 2026
Last soldAED 510K24 September 2024
Current rentAED 42K /yr25 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 229, Plazzo Heights

What is 229 worth today?

Last sold for AED 510,000 in 2024

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25 Sep 2026RentedRenewal
AED 42,000/yr12 months · AED 108 per sqft
25 Sep 2026RentedRenewal
AED 50,000/yr12 months · AED 129 per sqft
25 Sep 2025RentedRenewal
AED 48,000/yr12 months · AED 124 per sqft
25 Sep 2024RentedNew contract
AED 57,000/yr12 months · AED 147 per sqft
24 Sep 2024Sold by developerReady
AED 510,000AED 1,324 per sqft

Source: Dubai Land Department. Updated 25 September 2026.

Key facts

Type
Studio apartment
Size
385 sqft
Floor
2nd of 5
Parking
P-04
Developer
Plazzo Development Real Estate
Completed
2020
Last sold
AED 510K · September 2024
Building
Plazzo Heights

About 229, Plazzo Heights

229 is a studio of 385 sqft on the 2nd floor of Plazzo Heights, a 5-storey tower in Jumeirah Village Circle (JVC) completed in 2020 by Plazzo Development Real Estate. The developer sold it on 24 September 2024 for AED 510,000, or AED 1,324 per sqft, 8% above the AED 1,226 studios in the building were fetching at the time.

It has been rented continuously since 2024 on 4 Ejari contracts. The current contract, renewed on 25 September 2026, is AED 42,000 a year: a gross yield of 8.2% on the 2024 price.

Sales and rents for 229 over time

Sales
Unit 229, each saleTypical studio in Plazzo Heights
450K500K2021202320252027Typical sale price by year: 2021 AED 436,000; 2022 AED 445,000; 2023 AED 495,000; 2024 AED 530,000; 2025 AED 532,500; 2026 AED 510,000Sold by developer, September 2024: AED 510,000 (AED 1,324 per sqft)

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

Rents
Unit 229, each contractTypical studio in Plazzo Heights
40K50K2024202520262027Typical rent by year: 2024 AED 48,600; 2025 AED 53,500; 2026 AED 48,000New contract, September 2024: AED 57,000 a yearRenewal, September 2025: AED 48,000 a yearRenewal, September 2026: AED 42,000 a yearRenewal, September 2026: AED 50,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Plazzo Heights, and where 229 sits

All 66 studios →

229 last sold in September 2024 at AED 1,324 per sqft, 8% above what studios in Plazzo Heights were fetching at the time (AED 1,226). Over the last 12 months studios sold for AED 400,000 to 650,000, around AED 1,195 per sqft, and rent for AED 30,000 to 78,000 a year. 229's AED 42,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
21 Oct 2026400,000
19 Oct 2026560,000
3 Sep 2026520,000
10 Aug 2026500,000
12 studio sales in the last 12 months

Plazzo Heights

Building

100 apartments, studios to 2-bed over 5 floors in Jumeirah Village Circle (JVC), completed in 2020 by Plazzo Development Real Estate. 16 sold in the last 12 months.

Typical price per sqft
AED 1,139 Down 7.8%
Typical sale
AED 555K
Typical rent
AED 50K /yr
Typical yield
9.1%
Plazzo Heights, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 2nd floor

All 100 units in Plazzo Heights
Value
2011-bedAED 730K · Jun 2024
202StudioAED 430K · Sep 2021
2031-bedAED 750K · Jan 2022
204StudioAED 530K · Apr 2025
205StudioAED 415K · May 2021
206StudioAED 580K · Mar 2025
207StudioAED 550K · Feb 2026
1–7 of 26

229, Plazzo Heights in numbers

  • Sold once: by Plazzo Development Real Estate on 24 September 2024 for AED 510,000, or AED 1,324 per sqft.
  • Rented since September 2024 on 4 Ejari contracts, from AED 57,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2024 price is 8.2%.
  • Studios in Plazzo Heights sold for AED 400,000–650,000 in the 12 months to November 2026; the building's median across all types is AED 1,139 per sqft.

Source: Dubai Land Department. Updated 25 September 2026.

Questions about 229, Plazzo Heights

What did unit 229 last sell for?

AED 510,000 on 24 September 2024, sold by the developer: AED 1,324 per sqft for 385 sqft. It is the only registered sale of the unit.

What is the rent for unit 229?

AED 42,000 a year on the contract renewed on 25 September 2026. The previous contract, from September 2026, was AED 50,000; the unit has been rented since September 2024.

How big is unit 229?

385 sqft (35.8 sqm): a studio on the 2nd floor of a 5-storey tower completed in 2020.

What is unit 229 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Plazzo Heights sold for AED 400,000 to 650,000 in the last 12 months, around AED 1,195 per sqft.

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Mortgage on 229, Plazzo Heights

Starts from the last sale price (AED 510K, 24 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 510,000
Deposit, UAE resident (20%)
AED 102,000
Deposit, non-resident (40%)
AED 204,000
Monthly over 25 years at 3.7%
AED 2,087

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