Unit 4012, Chaimaa Avenue 2: what it sold for and what it is worth now

Unit 4012 at Chaimaa Avenue 2 is a studio of 770 sq ft. It last sold for AED 630,000 on 27 Apr 2023. At AED 1,209 per sq ft, from 16 sales in the building in the last 24 months, it is worth about AED 931,000 today.

Value todayAED 931,000AED 854,000 to AED 1,055,000
Last saleAED 630,00027 Apr 2023 · Resale
Change since last sale+47.8%Building trend alone: AED 604,409
Rent (median asking, studio)AED 54,999Gross yield 5.9%
Bedroomsstudio
Size770 sq ft
Floor40 (from the unit number)
Position in the towerStack 12: units ending 12 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 4012

DatePriceSizeAED/sq ftType
27 Apr 2023AED 630,000770 sq ft818Resale

Units ending 12 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
301220 Nov 2024AED 660,000461 sq ft1,432Resale
50129 Sep 2023AED 620,000509 sq ft1,218Resale
301228 Jul 2023AED 580,000461 sq ft1,258Resale
50128 Jun 2022AED 517,545509 sq ft1,017Off-plan
30127 Feb 2022AED 462,000461 sq ft1,002Off-plan
101225 Jan 2022AED 766,500781 sq ft981Off-plan
201230 Dec 2021AED 440,000461 sq ft954Off-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 (770 sq ft). The range uses the middle half of those sales (AED 1,109 to AED 1,370 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 604,409. 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 4012 at Chaimaa Avenue 2 worth?

About AED 931,000 (range AED 854,000 to AED 1,055,000), based on AED 1,209 per sq ft from registered sales up to 14 Sep 2026.

When did unit 4012 last sell?

27 Apr 2023, for AED 630,000 (resale). It has 1 registered sale.

What rent can unit 4012 make?

A studio in Chaimaa Avenue 2 rents for about AED 54,999 a year (median asking rent). That is a gross yield of 5.9% on the estimate.

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

Unit 4011 · Unit 4013