Unit 1001, Chaimaa Avenue 2: what it sold for and what it is worth now

Unit 1001 at Chaimaa Avenue 2 is a studio of 726 sq ft. It last sold for AED 514,500 on 29 Dec 2021. At AED 1,209 per sq ft, from 16 sales in the building in the last 24 months, it is worth about AED 877,000 today.

Value todayAED 877,000AED 805,000 to AED 995,000
Last saleAED 514,50029 Dec 2021 · Off-plan
Change since last sale+70.5% 
Rent (median asking, studio)AED 54,999Gross yield 6.3%
Bedroomsstudio
Size726 sq ft
Floor10 (from the unit number)
Position in the towerStack 01: units ending 01 share the same layout and view
BuildingChaimaa Avenue 2 by Chaimaa Holding, handed over 2022
Registered sales of this unit1

Every registered sale of unit 1001

DatePriceSizeAED/sq ftType
29 Dec 2021AED 514,500726 sq ft709Off-plan

Units ending 01 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
300111 May 2023AED 595,000570 sq ft1,044Resale
200125 Apr 2023AED 459,000570 sq ft805Resale
G00116 Feb 2022AED 730,000986 sq ft740Off-plan
300114 Feb 2022AED 470,000570 sq ft825Off-plan
500117 Jan 2022AED 545,370570 sq ft957Off-plan
400114 Jan 2022AED 510,000570 sq ft895Off-plan

Latest studio sales in Chaimaa Avenue 2

UnitDatePriceSizeAED/sq ftType
500910 Jan 2025AED 640,000462 sq ft1,385Resale
301220 Nov 2024AED 660,000461 sq ft1,432Resale
501014 May 2024AED 645,000461 sq ft1,399Resale
50091 Dec 2023AED 640,000462 sq ft1,385Resale
50129 Sep 2023AED 620,000509 sq ft1,218Resale
301228 Jul 2023AED 580,000461 sq ft1,258Resale
201612 Jul 2023AED 610,000510 sq ft1,196Resale
300111 May 2023AED 595,000570 sq ft1,044Resale

How we worked out the value

We took the 16 sales in Chaimaa Avenue 2 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,209). We multiplied it by the size of this unit (726 sq ft). The range uses the middle half of those sales (AED 1,109 to AED 1,370 per sq ft). Floor, view, condition and upgrades can move the price either way. Sales data to 14 Sep 2026, from the Dubai Land Department register.

Questions

What is unit 1001 at Chaimaa Avenue 2 worth?

About AED 877,000 (range AED 805,000 to AED 995,000), based on AED 1,209 per sq ft from registered sales up to 14 Sep 2026.

When did unit 1001 last sell?

29 Dec 2021, for AED 514,500 (off-plan). It has 1 registered sale.

What rent can unit 1001 make?

A studio in Chaimaa Avenue 2 rents for about AED 54,999 a year (median asking rent). That is a gross yield of 6.3% on the estimate.

Sales alert for Chaimaa Avenue 2All sales in Chaimaa Avenue 2

Unit 1002