Unit 1016, Neva Residences: what it sold for and what it is worth now

Unit 1016 at Neva Residences is a 1 bed of 864 sq ft. It last sold for AED 852,483 on 21 Sep 2023. At AED 1,119 per sq ft, from 41 sales in the building in the last 12 months (1 bed), it is worth about AED 967,000 today.

Value todayAED 967,000AED 912,000 to AED 1,014,000
Last saleAED 852,48321 Sep 2023 · Off-plan
Change since last sale+13.4% 
Rent (median asking, 1 bed)AED 70,000Gross yield 7.2%
Bedrooms1 bed
Size864 sq ft
Floor10 (from the unit number)
Position in the towerStack 16: units ending 16 share the same layout and view
BuildingNeva Residences by Tiger Properties, handed over 2026
Registered sales of this unit1

Every registered sale of unit 1016

DatePriceSizeAED/sq ftType
21 Sep 2023AED 852,483864 sq ft987Off-plan

Units ending 16 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
4165 Oct 2026AED 1,335,0001,136 sq ft1,175Resale
31618 May 2026AED 1,250,0001,136 sq ft1,100Resale
51616 Jun 2025AED 998,0541,136 sq ft879Off-plan
91618 Dec 2024AED 839,947864 sq ft972Off-plan
21617 Dec 2024AED 713,248798 sq ft894Off-plan
41616 Dec 2024AED 981,3281,136 sq ft864Off-plan
7169 Jul 2024AED 1,031,5101,136 sq ft908Off-plan
81619 Mar 2024AED 993,0671,136 sq ft874Off-plan

Latest 1 bed sales in Neva Residences

UnitDatePriceSizeAED/sq ftType
90215 Oct 2026AED 935,000869 sq ft1,076Resale
6327 Oct 2026AED 970,000924 sq ft1,050Resale
14042 Oct 2026AED 1,100,000884 sq ft1,244Resale
31018 Sep 2026AED 960,000854 sq ft1,124Resale
32515 Sep 2026AED 960,000909 sq ft1,056Resale
73710 Sep 2026AED 789,913844 sq ft936Resale
110310 Sep 2026AED 770,000617 sq ft1,248Resale
4324 Sep 2026AED 960,000924 sq ft1,039Resale

How we worked out the value

We took the 41 sales in Neva Residences in the last 12 months (1 bed), worked out the price per sq ft of each, and used the middle value (AED 1,119). We multiplied it by the size of this unit (864 sq ft). The range uses the middle half of those sales (AED 1,056 to AED 1,174 per sq ft). Floor, view, condition and upgrades can move the price either way. Sales data to 15 Oct 2026, from the Dubai Land Department register.

Questions

What is unit 1016 at Neva Residences worth?

About AED 967,000 (range AED 912,000 to AED 1,014,000), based on AED 1,119 per sq ft from registered sales up to 15 Oct 2026.

When did unit 1016 last sell?

21 Sep 2023, for AED 852,483 (off-plan). It has 1 registered sale.

What rent can unit 1016 make?

A 1 bed in Neva Residences rents for about AED 70,000 a year (median asking rent). That is a gross yield of 7.2% on the estimate.

Sales alert for Neva ResidencesAll sales in Neva Residences

Unit 1015 · Unit 1017