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1-bed · 1,156 sqftLa Residence JVT, Jumeirah Village Triangle (JVT) · 2nd floor · completed 2018

216, La Residence JVT

Sold prices and rental history: sold twice, last in February 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 216 · DLD and Ejari recordsUpdated 27 February 2024
Last soldAED 900K27 February 2024
Current rentAED 70K /yr15 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 216, La Residence JVT

What is 216 worth today?

Last sold for AED 900,000 in 2024

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27 Feb 2024SoldReady
AED 900,000AED 778 per sqft
15 Dec 2022RentedNew contract
AED 70,000/yr12 months · AED 61 per sqft
6 Dec 2021RentedNew contract
AED 55,000/yr12 months · AED 48 per sqft
1 Dec 2021RentedNew contract
AED 55,000/yr12 months · AED 48 per sqft
13 Jul 2020Sold by developerReady
AED 1,040,733AED 899 per sqft
17 May 2020RentedNew contract
AED 60,000/yr12 months · AED 52 per sqft

Source: Dubai Land Department. Updated 27 February 2024.

Key facts

Type
1-bed apartment
Size
1,156 sqft
Floor
2nd of 4
Parking
B-33
Developer
Zarwah Developments
Completed
2018
Service charge
AED 20,700 /yr
Last sold
AED 900K · February 2024
Building
La Residence JVT

About 216, La Residence JVT

216 is a one-bedroom apartment of 1,156 sqft on the 2nd floor of La Residence JVT, a 4-storey tower in Jumeirah Village Triangle (JVT) completed in 2018 by Zarwah Developments. It last sold on 27 February 2024 for AED 900,000, or AED 778 per sqft, 12% below the AED 880 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 15 December 2022, is AED 70,000 a year: a gross yield of 7.8% on the 2024 price, before the service charge of about AED 20,700 a year.

Sales and rents for 216 over time

Sales
Unit 216, each saleTypical one-bed in La Residence JVT
800K1M2018202120242027Typical sale price by year: 2018 AED 897,613; 2019 AED 705,000; 2020 AED 765,000; 2021 AED 782,500; 2023 AED 717,023; 2024 AED 675,000; 2025 AED 790,000; 2026 AED 830,000Sold by developer, July 2020: AED 1,040,733 (AED 899 per sqft)Sold, February 2024: AED 900,000 (AED 778 per sqft)

216 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 216, each contractTypical one-bed in La Residence JVT
40K60K2018202120242027Typical rent by year: 2018 AED 65,000; 2019 AED 59,000; 2020 AED 50,000; 2021 AED 42,000; 2022 AED 44,500; 2023 AED 55,000; 2024 AED 70,000; 2025 AED 70,000; 2026 AED 70,000New contract, May 2020: AED 60,000 a yearNew contract, December 2021: AED 55,000 a yearNew contract, December 2021: AED 55,000 a yearNew contract, December 2022: AED 70,000 a year

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

1-beds in La Residence JVT, and where 216 sits

All 50 1-beds →

216 last sold in February 2024 at AED 778 per sqft, 12% below what one-beds in La Residence JVT were fetching at the time (AED 880). Over the last 12 months one-beds sold for AED 640,000 to 1,200,000, around AED 1,091 per sqft, and rent for AED 50,000 to 87,000 a year. 216's AED 70,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Oct 20261,200,000
19 Aug 2026875,000
29 Apr 2026775,000
10 Mar 2026830,000
6 1-bed sales in the last 12 months

La Residence JVT

Building

73 apartments, studios to 3-bed over 4 floors in Jumeirah Village Triangle (JVT), completed in 2018 by Zarwah Developments. 6 sold in the last 12 months.

Typical price per sqft
AED 1,091
Typical sale
AED 803K
Typical rent
AED 67K /yr
Typical yield
8.7%
La Residence JVT, Jumeirah Village Triangle (JVT): prices, sales and rents →

Other units on the 2nd floor

All 73 units in La Residence JVT
Value
2011-bedAED 670K · May 2024
2022-bedAED 1.15M · Oct 2025
2031-bedAED 898K · Sep 2018
2041-bedAED 875K · Aug 2026
2051-bedAED 750K · Nov 2022
2061-bedAED 899K · Oct 2018
2071-bedAED 675K · Jun 2019
1–7 of 18

216, La Residence JVT in numbers

  • Sold twice: first on 13 July 2020 for AED 1,040,733, last on 27 February 2024 for AED 900,000 (AED 778 per sqft).
  • Rented since May 2020 on 4 Ejari contracts, from AED 60,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2024 price is 7.8%, before a service charge of about AED 20,700 a year (AED 17.92 per sqft).
  • One-beds in La Residence JVT sold for AED 640,000–1,200,000 in the 12 months to November 2026; the building's median across all types is AED 1,091 per sqft.

Source: Dubai Land Department. Updated 27 February 2024.

Questions about 216, La Residence JVT

What did unit 216 last sell for?

AED 900,000 on 27 February 2024: AED 778 per sqft for 1,156 sqft. The unit has 2 registered sales; the first was AED 1,040,733 in July 2020.

What is the rent for unit 216?

AED 70,000 a year on the contract signed on 15 December 2022. The previous contract, from December 2021, was AED 55,000; the unit has been rented since May 2020.

How big is unit 216?

1,156 sqft (107.4 sqm): a one-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2018.

What is unit 216 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in La Residence JVT sold for AED 640,000 to 1,200,000 in the last 12 months, around AED 1,091 per sqft.

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Mortgage on 216, La Residence JVT

Starts from the last sale price (AED 900K, 27 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

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