Unit 1602, Neva Residences: what it sold for and what it is worth now

Unit 1602 at Neva Residences is a 2 bed of 1,132 sq ft. It last sold for AED 1,350,000 on 2 Jul 2026. At AED 1,134 per sq ft, from 6 sales of units ending 02 (same position in the tower), it is worth about AED 1,284,000 today.

Value todayAED 1,284,000AED 1,217,000 to AED 1,414,000
Last saleAED 1,350,0002 Jul 2026 · Resale
Change since last sale-4.9%Building trend alone: AED 1,350,000
Rent (median asking, 2 bed)AED 110,000Gross yield 8.6%
Bedrooms2 bed
Size1,132 sq ft
Floor16 (from the unit number)
Position in the towerStack 02: units ending 02 share the same layout and view
BuildingNeva Residences by Tiger Properties, handed over 2026
Registered sales of this unit2

Every registered sale of unit 1602

DatePriceSizeAED/sq ftType
2 Jul 2026AED 1,350,0001,132 sq ft1,193Resale
24 Sep 2024AED 1,180,5731,132 sq ft1,043Off-plan

Units ending 02 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
90215 Oct 2026AED 935,000869 sq ft1,076Resale
170220 Aug 2026AED 1,460,0001,133 sq ft1,289Resale
30230 Jul 2026AED 850,000869 sq ft978Resale
130230 Jul 2026AED 1,435,0001,132 sq ft1,268Resale
8029 Jul 2026AED 934,215869 sq ft1,075Resale
130214 Jan 2025AED 1,130,4551,132 sq ft999Off-plan
50213 Dec 2024AED 850,594869 sq ft979Off-plan
150213 Dec 2024AED 1,102,6121,132 sq ft974Off-plan

Latest 2 bed sales in Neva Residences

UnitDatePriceSizeAED/sq ftType
4165 Oct 2026AED 1,335,0001,136 sq ft1,175Resale
170220 Aug 2026AED 1,460,0001,133 sq ft1,289Resale
82920 Aug 2026AED 1,470,0001,207 sq ft1,218Resale
130230 Jul 2026AED 1,435,0001,132 sq ft1,268Resale
140921 May 2026AED 1,163,1971,148 sq ft1,013Resale
31618 May 2026AED 1,250,0001,136 sq ft1,100Resale
72213 May 2026AED 1,400,0001,156 sq ft1,211Resale
160924 Apr 2026AED 1,425,0001,149 sq ft1,240Off-plan

How we worked out the value

We took the 6 resale sales of units ending 02 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,134). We multiplied it by the size of this unit (1,132 sq ft). The range uses the middle half of those sales (AED 1,075 to AED 1,249 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,350,000. 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 1602 at Neva Residences worth?

About AED 1,284,000 (range AED 1,217,000 to AED 1,414,000), based on AED 1,134 per sq ft from registered sales up to 15 Oct 2026.

When did unit 1602 last sell?

2 Jul 2026, for AED 1,350,000 (resale). It has 2 registered sales.

What rent can unit 1602 make?

A 2 bed in Neva Residences rents for about AED 110,000 a year (median asking rent). That is a gross yield of 8.6% on the estimate.

Sales alert for Neva ResidencesAll sales in Neva Residences

Unit 1601 · Unit 1603