Unit 5002, Chaimaa Avenue 2: what it sold for and what it is worth now

Unit 5002 at Chaimaa Avenue 2 is a 2 bed of 1,238 sq ft. It last sold for AED 1,500,000 on 1 Nov 2023. At AED 1,200 per sq ft, from 3 sales in the building in the last 24 months (2 bed), it is worth about AED 1,486,000 today.

Value todayAED 1,486,000AED 1,390,000 to AED 1,496,000
Last saleAED 1,500,0001 Nov 2023 · Resale
Change since last sale-0.9%Building trend alone: AED 1,397,429
Rent (median asking, 2 bed)AED 134,999Gross yield 9.1%
Bedrooms2 bed
Size1,238 sq ft
Floor50 (from the unit number)
Position in the towerStack 02: units ending 02 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 5002

DatePriceSizeAED/sq ftType
1 Nov 2023AED 1,500,0001,238 sq ft1,212Resale
31 Mar 2022AED 1,095,0001,238 sq ft884Off-plan

Units ending 02 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
G0028 Dec 2025AED 1,050,000985 sq ft1,066Resale
30025 Jun 2023AED 1,400,0001,241 sq ft1,128Resale
100226 May 2023AED 1,500,0001,553 sq ft966Resale
400231 Mar 2023AED 1,430,0001,239 sq ft1,154Resale
200213 Jul 2022AED 1,122,0001,239 sq ft906Off-plan
300220 Jan 2022AED 1,166,0001,241 sq ft940Off-plan
G00212 Jan 2022AED 775,000985 sq ft787Off-plan
100210 Jan 2022AED 1,206,4001,553 sq ft777Off-plan

Latest 2 bed sales in Chaimaa Avenue 2

UnitDatePriceSizeAED/sq ftType
400519 Jun 2026AED 1,580,0001,511 sq ft1,046Resale
300326 Aug 2025AED 1,485,0001,237 sq ft1,200Resale
100430 May 2025AED 1,650,0001,356 sq ft1,217Resale
300415 Aug 2024AED 1,400,0001,109 sq ft1,262Resale
10039 May 2024AED 900,0001,540 sq ft584Resale
30025 Jun 2023AED 1,400,0001,241 sq ft1,128Resale
100226 May 2023AED 1,500,0001,553 sq ft966Resale
200417 May 2023AED 1,280,0001,109 sq ft1,154Resale

How we worked out the value

We took the 3 sales in Chaimaa Avenue 2 in the last 24 months (2 bed), worked out the price per sq ft of each, and used the middle value (AED 1,200). We multiplied it by the size of this unit (1,238 sq ft). The range uses the middle half of those sales (AED 1,123 to AED 1,209 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,397,429. 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 5002 at Chaimaa Avenue 2 worth?

About AED 1,486,000 (range AED 1,390,000 to AED 1,496,000), based on AED 1,200 per sq ft from registered sales up to 14 Sep 2026.

When did unit 5002 last sell?

1 Nov 2023, for AED 1,500,000 (resale). It has 2 registered sales.

What rent can unit 5002 make?

A 2 bed in Chaimaa Avenue 2 rents for about AED 134,999 a year (median asking rent). That is a gross yield of 9.1% on the estimate.

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

Unit 5001 · Unit 5003