Unit 118, Masaar Residence: what it sold for and what it is worth now

Unit 118 at Masaar Residence is a studio of 595 sq ft. It last sold for AED 240,000 on 12 Nov 2020. At AED 996 per sq ft, from 8 sales in the building in the last 12 months (studio), it is worth about AED 592,000 today.

Value todayAED 592,000AED 529,000 to AED 604,000
Last saleAED 240,00012 Nov 2020 · Resale
Change since last sale+146.7%Building trend alone: AED 447,733
Rent (median asking, studio)AED 48,000Gross yield 8.1%
Bedroomsstudio
Size595 sq ft
Floor1 (from the unit number)
Position in the towerStack 18: units ending 18 share the same layout and view
BuildingMasaar Residence by Khamas Group of Investments, handed over 2014
Registered sales of this unit1

Every registered sale of unit 118

DatePriceSizeAED/sq ftType
12 Nov 2020AED 240,000595 sq ft403Resale

Units ending 18 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
3183 May 2024AED 400,000595 sq ft672Resale

Latest studio sales in Masaar Residence

UnitDatePriceSizeAED/sq ftType
G103 Sep 2026AED 450,000517 sq ft870Resale
G092 Sep 2026AED 715,000591 sq ft1,210Resale
31313 May 2026AED 490,000483 sq ft1,014Resale
20529 Jan 2026AED 500,000492 sq ft1,016Resale
11426 Dec 2025AED 500,000495 sq ft1,010Resale
21113 Nov 2025AED 475,000484 sq ft981Resale
11629 Sep 2025AED 440,000512 sq ft859Resale
10518 Sep 2025AED 440,000492 sq ft894Resale

How we worked out the value

We took the 8 sales in Masaar Residence in the last 12 months (studio), worked out the price per sq ft of each, and used the middle value (AED 996). We multiplied it by the size of this unit (595 sq ft). The range uses the middle half of those sales (AED 888 to AED 1,015 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 447,733. Floor, view, condition and upgrades can move the price either way. Sales data to 3 Sep 2026, from the Dubai Land Department register.

Questions

What is unit 118 at Masaar Residence worth?

About AED 592,000 (range AED 529,000 to AED 604,000), based on AED 996 per sq ft from registered sales up to 3 Sep 2026.

When did unit 118 last sell?

12 Nov 2020, for AED 240,000 (resale). It has 1 registered sale.

What rent can unit 118 make?

A studio in Masaar Residence rents for about AED 48,000 a year (median asking rent). That is a gross yield of 8.1% on the estimate.

Sales alert for Masaar ResidenceAll sales in Masaar Residence

Unit 116 · Unit 120