1-bed · 626 sqftLa Residence JVT, Jumeirah Village Triangle (JVT) · 4th floor · completed 2018

407, La Residence JVT

Sold prices and rental history: sold twice, last in June 2024, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 5 June 2024
Last soldAED 630K5 June 2024
Current rentAED 40K /yr25 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, La Residence JVT

What is 407 worth today?

Last sold for AED 630,000 in 2024

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5 Jun 2024SoldReady
AED 630,000AED 1,006 per sqft
20 Jun 2022Sold by developerReady
AED 563,135AED 899 per sqft
25 Dec 2020RentedNew contract
AED 40,000/yr12 months · AED 64 per sqft
4 Feb 2019RentedNew contract
AED 58,000/yr12 months · AED 93 per sqft

Source: Dubai Land Department. Updated 5 June 2024.

Key facts

Type
1-bed apartment
Size
626 sqft
Floor
4th of 4
Parking
B-71
Developer
Zarwah Developments
Completed
2018
Service charge
AED 11,200 /yr
Last sold
AED 630K · June 2024

About 407, La Residence JVT

407 is a one-bedroom apartment of 626 sqft on the 4th floor of La Residence JVT, a 4-storey tower in Jumeirah Village Triangle (JVT) completed in 2018 by Zarwah Developments. It last sold on 5 June 2024 for AED 630,000, or AED 1,006 per sqft, 25% above the AED 803 one-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 25 December 2020, is AED 40,000 a year: a gross yield of 6.3% on the 2024 price, before the service charge of about AED 11,200 a year.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical one-bed in La Residence JVT
600K800K2018202120242027Typical 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, June 2022: AED 563,135 (AED 899 per sqft)Sold, June 2024: AED 630,000 (AED 1,006 per sqft)

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

Rents
Unit 407, 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, February 2019: AED 58,000 a yearNew contract, December 2020: AED 40,000 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 407 sits

All 50 1-beds →

407 last sold in June 2024 at AED 1,006 per sqft, 25% above what one-beds in La Residence JVT were fetching at the time (AED 803). 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. 407's AED 40,000 is at the bottom 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 4th floor

All 73 units in La Residence JVT
Value
4013-bedAED 2M · Oct 2018
4021-bedAED 819K · Sep 2018
4033-bedAED 1.34M · May 2023
4043-bedAED 1.56M · Mar 2021
4051-bedAED 650K · Apr 2024
4061-bedAED 790K · Oct 2025
4081-bedAED 750K · Jan 2025
1–7 of 11

407, La Residence JVT in numbers

  • Sold twice: first on 20 June 2022 for AED 563,135, last on 5 June 2024 for AED 630,000 (AED 1,006 per sqft).
  • Rented since February 2019 on 2 Ejari contracts, from AED 58,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2024 price is 6.3%, before a service charge of about AED 11,200 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 5 June 2024.

Questions about 407, La Residence JVT

What did unit 407 last sell for?

AED 630,000 on 5 June 2024: AED 1,006 per sqft for 626 sqft. The unit has 2 registered sales; the first was AED 563,135 in June 2022.

What is the rent for unit 407?

AED 40,000 a year on the contract signed on 25 December 2020. The previous contract, from February 2019, was AED 58,000.

How big is unit 407?

626 sqft (58.2 sqm): a one-bedroom apartment on the 4th floor of a 4-storey tower completed in 2018.

What is unit 407 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 407, La Residence JVT

Starts from the last sale price (AED 630K, 5 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 630,000
Deposit, UAE resident (20%)
AED 126,000
Deposit, non-resident (40%)
AED 252,000
Monthly over 25 years at 3.7%
AED 2,578

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