Unit 5010, Chaimaa Avenue 2: what it sold for and what it is worth now

Unit 5010 at Chaimaa Avenue 2 is a studio of 461 sq ft. It last sold for AED 645,000 on 14 May 2024. At AED 1,209 per sq ft, from 16 sales in the building in the last 24 months, it is worth about AED 557,000 today.

Value todayAED 557,000AED 511,000 to AED 632,000
Last saleAED 645,00014 May 2024 · Resale
Change since last sale-13.6%Building trend alone: AED 549,389
Rent (median asking, studio)AED 54,999Gross yield 9.9%
Bedroomsstudio
Size461 sq ft
Floor50 (from the unit number)
Position in the towerStack 10: units ending 10 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 5010

DatePriceSizeAED/sq ftType
14 May 2024AED 645,000461 sq ft1,399Resale
8 Jun 2022AED 478,590461 sq ft1,038Off-plan

Units ending 10 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
401021 Apr 2022AED 550,935821 sq ft671Off-plan
10107 Feb 2022AED 802,620802 sq ft1,001Off-plan
30105 Jan 2022AED 756,315802 sq ft943Off-plan
20103 Jan 2022AED 735,000802 sq ft916Off-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
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
401227 Apr 2023AED 630,000770 sq ft818Resale

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 (461 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 549,389. 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 5010 at Chaimaa Avenue 2 worth?

About AED 557,000 (range AED 511,000 to AED 632,000), based on AED 1,209 per sq ft from registered sales up to 14 Sep 2026.

When did unit 5010 last sell?

14 May 2024, for AED 645,000 (resale). It has 2 registered sales.

What rent can unit 5010 make?

A studio in Chaimaa Avenue 2 rents for about AED 54,999 a year (median asking rent). That is a gross yield of 9.9% on the estimate.

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

Unit 5009 · Unit 5011