1-bed · 712 sqftThe Ivy, Jumeirah Village Triangle (JVT) · 4th floor · completed 2024

406, The Ivy

Sold prices and rental history: sold once, by the developer in February 2023, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 691K2 February 2023
Current rentAED 72K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, The Ivy

What is 406 worth today?

Last sold for AED 691,222 in 2023

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1 Aug 2026RentedRenewal
AED 72,000/yr12 months · AED 101 per sqft
1 Aug 2025RentedRenewal
AED 72,000/yr12 months · AED 101 per sqft
2 Feb 2023Sold by developerOff-plan
AED 691,222AED 970 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
1-bed apartment
Size
712 sqft
Floor
4th of 15
Parking
1
Developer
Metrical Real Estate Development
Completed
2024
Last sold
AED 691K · February 2023
Building
The Ivy

About 406, The Ivy

406 is a one-bedroom apartment of 712 sqft on the 4th floor of The Ivy, a 15-storey tower in Jumeirah Village Triangle (JVT) completed in 2024 by Metrical Real Estate Development . The developer sold it on 2 February 2023 for AED 691,222, or AED 970 per sqft, 6% below the AED 1,030 one-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 1 August 2026, is AED 72,000 a year: a gross yield of 10.4% on the 2023 price.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical one-bed in The Ivy
800K1M202220242026Typical sale price by year: 2022 AED 745,846; 2023 AED 836,722; 2024 AED 937,500; 2025 AED 1,075,000; 2026 AED 1,100,000Sold by developer, February 2023: AED 691,222 (AED 970 per sqft)

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

Rents
Unit 406, each contractTypical one-bed in The Ivy
75K80K2024202520262027Typical rent by year: 2024 AED 83,000; 2025 AED 83,000; 2026 AED 81,000Renewal, August 2025: AED 72,000 a yearRenewal, August 2026: AED 72,000 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 The Ivy, and where 406 sits

All 182 1-beds →

406 last sold in February 2023 at AED 970 per sqft, 6% below what one-beds in The Ivy were fetching at the time (AED 1,030). Over the last 12 months one-beds sold for AED 363,419 to 1,500,000, around AED 1,333 per sqft, and rent for AED 60,000 to 120,000 a year. 406's AED 72,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Nov 20261,400,000
1 Oct 20261,100,000
7 Sep 2026363,419
8 May 2026850,000
15 1-bed sales in the last 12 months

The Ivy

Building

220 apartments, studios to 2-bed over 15 floors in Jumeirah Village Triangle (JVT), completed in 2024 by Metrical Real Estate Development . 15 sold in the last 12 months.

Typical price per sqft
AED 1,333 Down 9.2%
Typical sale
AED 1.05M
Typical rent
AED 80K /yr
Typical yield
8.2%
The Ivy, Jumeirah Village Triangle (JVT): prices, sales and rents →

Other units on the 4th floor

All 220 units in The Ivy
Value
4011-bedAED 1.24M · Aug 2024
4021-bedAED 823K · Feb 2023
4031-bedAED 1.15M · May 2024
404StudioAED 432K · Feb 2023
4051-bedAED 750K · Aug 2023
4071-bedAED 695K · Feb 2023
4081-bedAED 1.04M · Apr 2026
1–7 of 14

406, The Ivy in numbers

  • Sold once: by Metrical Real Estate Development on 2 February 2023 for AED 691,222, or AED 970 per sqft.
  • Rented since August 2025 on 2 Ejari contracts, at AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2023 price is 10.4%.
  • One-beds in The Ivy sold for AED 363,419–1,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,333 per sqft.

Source: Dubai Land Department. Updated 1 August 2026.

Questions about 406, The Ivy

What did unit 406 last sell for?

AED 691,222 on 2 February 2023, sold by the developer: AED 970 per sqft for 712 sqft. It is the only registered sale of the unit.

What is the rent for unit 406?

AED 72,000 a year on the contract renewed on 1 August 2026. The previous contract, from August 2025, was AED 72,000.

How big is unit 406?

712 sqft (66.1 sqm): a one-bedroom apartment on the 4th floor of a 15-storey tower completed in 2024.

What is unit 406 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Ivy sold for AED 363,419 to 1,500,000 in the last 12 months, around AED 1,333 per sqft.

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Mortgage on 406, The Ivy

Starts from the last sale price (AED 691K, 2 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 691,222
Deposit, UAE resident (20%)
AED 138,244
Deposit, non-resident (40%)
AED 276,489
Monthly over 25 years at 3.7%
AED 2,828

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