Studio · 615 sqftTaraf Residence JVC, Jumeirah Village Circle (JVC) · Ground floor

005, Taraf Residence JVC

Sold prices and rental history: sold once, by the developer in September 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 005 · DLD and Ejari recordsUpdated 2 October 2026
Last soldAED 539K14 September 2023
Current rentAED 48K /yr2 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 005, Taraf Residence JVC

What is 005 worth today?

Last sold for AED 538,995 in 2023

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2 Oct 2026RentedNew contract
AED 48,000/yr12 months · AED 78 per sqft
3 Nov 2025RentedNew contract
AED 55,000/yr12 months · AED 89 per sqft
20 Sep 2025RentedNew contract
AED 60,000/yr12 months · AED 98 per sqft
1 Feb 2025RentedNew contract
AED 42,000/yr12 months · AED 68 per sqft
1 Feb 2025RentedNew contract
AED 42,000/yr12 months · AED 68 per sqft
17 Sep 2023RentedNew contract
AED 39,721/yr3 months · AED 65 per sqft
14 Sep 2023Sold by developerReady
AED 538,995AED 875 per sqft
17 Sep 2022RentedRenewal
AED 38,000/yr12 months · AED 62 per sqft

Source: Dubai Land Department. Updated 2 October 2026.

Key facts

Type
Studio apartment
Size
615 sqft
Floor
Ground of 5
Parking
G-10
Service charge
AED 9,700 /yr
Last sold
AED 539K · September 2023

About 005, Taraf Residence JVC

005 is a studio of 615 sqft on the ground floor of Taraf Residence JVC, a 5-storey tower in Jumeirah Village Circle (JVC). The developer sold it on 14 September 2023 for AED 538,995, or AED 875 per sqft, 7% below the AED 938 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 10 Ejari contracts. The current contract, signed on 2 October 2026, is AED 48,000 a year: a gross yield of 8.9% on the 2023 price, before the service charge of about AED 9,700 a year.

Sales and rents for 005 over time

Rents
Unit 005, each contractTypical studio in Taraf Residence JVC
40K60K201920222025Typical rent by year: 2019 AED 45,000; 2020 AED 35,000; 2021 AED 35,000; 2022 AED 37,000; 2023 AED 40,361; 2024 AED 43,300; 2025 AED 46,305; 2026 AED 48,000New contract, August 2019: AED 45,000 a yearNew contract, September 2020: AED 35,000 a yearRenewal, September 2021: AED 35,000 a yearRenewal, September 2022: AED 38,000 a yearNew contract, September 2023: AED 39,721 a yearNew contract, February 2025: AED 42,000 a yearNew contract, February 2025: AED 42,000 a yearNew contract, September 2025: AED 60,000 a yearNew contract, November 2025: AED 55,000 a yearNew contract, October 2026: AED 48,000 a year

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

Studios in Taraf Residence JVC, and where 005 sits

All 9 studios →

005 last sold in September 2023 at AED 875 per sqft, 7% below what studios in Taraf Residence JVC were fetching at the time (AED 938). 005's AED 48,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
18 Sep 2023441,354
18 Sep 2023593,168
18 Sep 2023472,352
18 Sep 2023472,223
0 studio sales in the last 12 months

Taraf Residence JVC

Building

83 apartments, studios to 2-bed over 5 floors in Jumeirah Village Circle (JVC). No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 69K /yr
Typical yield
Taraf Residence JVC, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the ground floor

All 83 units in Taraf Residence JVC
Value
0011-bedAED 817K · Nov 2024
0021-bedAED 834K · Sep 2023
0032-bedAED 1.36M · Sep 2023
0041-bedAED 862K · Sep 2023

005, Taraf Residence JVC in numbers

  • Sold once: by the developer on 14 September 2023 for AED 538,995, or AED 875 per sqft.
  • Rented since August 2019 on 10 Ejari contracts. The rent fell from AED 45,000 to AED 35,000 in 2021 and recovered to AED 48,000 by October 2026.
  • At AED 48,000 a year the gross yield on the 2023 price is 8.9%, before a service charge of about AED 9,700 a year (AED 15.80 per sqft).

Source: Dubai Land Department. Updated 2 October 2026.

Questions about 005, Taraf Residence JVC

What did unit 005 last sell for?

AED 538,995 on 14 September 2023, sold by the developer: AED 875 per sqft for 615 sqft. It is the only registered sale of the unit.

What is the rent for unit 005?

AED 48,000 a year on the contract signed on 2 October 2026. The previous contract, from November 2025, was AED 55,000; the unit has been rented since August 2019.

How big is unit 005?

615 sqft (57.1 sqm): a studio on the ground floor of a 5-storey tower.

What is unit 005 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 005, Taraf Residence JVC

Starts from the last sale price (AED 539K, 14 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 538,995
Deposit, UAE resident (20%)
AED 107,799
Deposit, non-resident (40%)
AED 215,598
Monthly over 25 years at 3.7%
AED 2,205

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