Unit 4015, Chaimaa Avenue 2: what it sold for and what it is worth now

Unit 4015 at Chaimaa Avenue 2 is a 1 bed of 823 sq ft. It last sold for AED 960,000 on 16 May 2023. At AED 1,075 per sq ft, from 5 sales in the building in the last 12 months (1 bed), it is worth about AED 885,000 today.

Value todayAED 885,000AED 877,000 to AED 922,000
Last saleAED 960,00016 May 2023 · Resale
Change since last sale-7.8%Building trend alone: AED 918,127
Rent (median asking, 1 bed)AED 75,000Gross yield 8.5%
Bedrooms1 bed
Size823 sq ft
Floor40 (from the unit number)
Position in the towerStack 15: units ending 15 share the same layout and view
BuildingChaimaa Avenue 2 by Chaimaa Holding, handed over 2022
Registered sales of this unit2

Every registered sale of unit 4015

DatePriceSizeAED/sq ftType
16 May 2023AED 960,000823 sq ft1,166Resale
9 Feb 2022AED 715,000823 sq ft869Off-plan

Units ending 15 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
50158 Jun 2022AED 771,891823 sq ft938Off-plan
101528 Jan 2022AED 795,765780 sq ft1,020Off-plan
201523 Dec 2021AED 795,795780 sq ft1,020Off-plan
301512 Dec 2021AED 740,000780 sq ft949Off-plan

Latest 1 bed sales in Chaimaa Avenue 2

UnitDatePriceSizeAED/sq ftType
401114 Sep 2026AED 1,100,0001,116 sq ft986Resale
20062 Jul 2026AED 900,000803 sq ft1,121Resale
101113 Jan 2026AED 1,005,000868 sq ft1,158Resale
400815 Dec 2025AED 1,200,0001,116 sq ft1,075Resale
G0028 Dec 2025AED 1,050,000985 sq ft1,066Resale
100629 May 2025AED 980,000803 sq ft1,220Resale
500812 Dec 2024AED 1,080,000759 sq ft1,423Resale
501118 Oct 2024AED 1,035,000758 sq ft1,365Resale

How we worked out the value

We took the 5 sales in Chaimaa Avenue 2 in the last 12 months (1 bed), worked out the price per sq ft of each, and used the middle value (AED 1,075). We multiplied it by the size of this unit (823 sq ft). The range uses the middle half of those sales (AED 1,066 to AED 1,121 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 918,127. 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 4015 at Chaimaa Avenue 2 worth?

About AED 885,000 (range AED 877,000 to AED 922,000), based on AED 1,075 per sq ft from registered sales up to 14 Sep 2026.

When did unit 4015 last sell?

16 May 2023, for AED 960,000 (resale). It has 2 registered sales.

What rent can unit 4015 make?

A 1 bed in Chaimaa Avenue 2 rents for about AED 75,000 a year (median asking rent). That is a gross yield of 8.5% on the estimate.

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

Unit 4014 · Unit 4016