Unit 1121, Neva Residences: what it sold for and what it is worth now

Unit 1121 at Neva Residences is a studio of 524 sq ft. It last sold for AED 640,000 on 10 Dec 2024. At AED 1,124 per sq ft, from 51 sales in the building in the last 12 months, it is worth about AED 589,000 today.

Value todayAED 589,000AED 558,000 to AED 630,000
Last saleAED 640,00010 Dec 2024 · Off-plan
Change since last sale-8.0% 
Rent (median asking, studio)AED 50,000Gross yield 8.5%
Bedroomsstudio
Size524 sq ft
Floor11 (from the unit number)
Position in the towerStack 21: units ending 21 share the same layout and view
BuildingNeva Residences by Tiger Properties, handed over 2026
Registered sales of this unit1

Every registered sale of unit 1121

DatePriceSizeAED/sq ftType
10 Dec 2024AED 640,000524 sq ft1,221Off-plan

Units ending 21 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
52124 Aug 2026AED 950,000860 sq ft1,105Resale
42118 May 2026AED 1,524,600860 sq ft1,773Resale
9214 Aug 2025AED 1,022,9991,158 sq ft883Off-plan
82116 Dec 2024AED 872,189860 sq ft1,014Off-plan
72116 Dec 2024AED 816,025860 sq ft949Off-plan
52121 Jun 2024AED 750,000860 sq ft872Off-plan
102127 Apr 2024AED 1,096,7931,155 sq ft950Off-plan
32125 Oct 2023AED 765,809860 sq ft890Off-plan

Latest studio sales in Neva Residences

UnitDatePriceSizeAED/sq ftType
7129 Jul 2026AED 695,000524 sq ft1,326Resale
92521 May 2026AED 589,000524 sq ft1,124Resale
51225 Aug 2025AED 660,000524 sq ft1,260Off-plan
30831 Jul 2025AED 560,000513 sq ft1,092Off-plan
7269 Jul 2025AED 549,000524 sq ft1,048Off-plan
91123 Jun 2025AED 589,000524 sq ft1,124Off-plan
53023 Jun 2025AED 569,050515 sq ft1,105Off-plan
21120 Jun 2025AED 569,050517 sq ft1,101Off-plan

How we worked out the value

We took the 51 sales in Neva Residences in the last 12 months, worked out the price per sq ft of each, and used the middle value (AED 1,124). We multiplied it by the size of this unit (524 sq ft). The range uses the middle half of those sales (AED 1,065 to AED 1,202 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 1121 at Neva Residences worth?

About AED 589,000 (range AED 558,000 to AED 630,000), based on AED 1,124 per sq ft from registered sales up to 15 Oct 2026.

When did unit 1121 last sell?

10 Dec 2024, for AED 640,000 (off-plan). It has 1 registered sale.

What rent can unit 1121 make?

A studio in Neva Residences rents for about AED 50,000 a year (median asking rent). That is a gross yield of 8.5% on the estimate.

Sales alert for Neva ResidencesAll sales in Neva Residences

Unit 1120 · Unit 1122