Unit 1605, Neva Residences: what it sold for and what it is worth now

Unit 1605 at Neva Residences is a 1 bed of 936 sq ft. It last sold for AED 1,024,015 on 5 Aug 2025. At AED 1,119 per sq ft, from 3 sales of units ending 05 (same position in the tower), it is worth about AED 1,048,000 today.

Value todayAED 1,048,000AED 941,000 to AED 1,106,000
Last saleAED 1,024,0155 Aug 2025 · Off-plan
Change since last sale+2.3% 
Rent (median asking, 1 bed)AED 70,000Gross yield 6.7%
Bedrooms1 bed
Size936 sq ft
Floor16 (from the unit number)
Position in the towerStack 05: units ending 05 share the same layout and view
BuildingNeva Residences by Tiger Properties, handed over 2026
Registered sales of this unit1

Every registered sale of unit 1605

DatePriceSizeAED/sq ftType
5 Aug 2025AED 1,024,015936 sq ft1,094Off-plan

Units ending 05 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
80523 Jun 2026AED 900,000804 sq ft1,119Resale
20521 May 2026AED 716,726804 sq ft891Resale
50518 May 2026AED 1,000,000804 sq ft1,244Resale
50528 Oct 2025AED 830,000804 sq ft1,032Off-plan
14055 Aug 2025AED 996,338936 sq ft1,064Off-plan
50528 May 2025AED 752,360804 sq ft936Off-plan
40519 May 2025AED 759,050804 sq ft944Off-plan
11059 Jan 2025AED 597,502543 sq ft1,100Off-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 3 resale sales of units ending 05 in the last 24 months, 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 (936 sq ft). The range uses the middle half of those sales (AED 1,005 to AED 1,182 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 1605 at Neva Residences worth?

About AED 1,048,000 (range AED 941,000 to AED 1,106,000), based on AED 1,119 per sq ft from registered sales up to 15 Oct 2026.

When did unit 1605 last sell?

5 Aug 2025, for AED 1,024,015 (off-plan). It has 1 registered sale.

What rent can unit 1605 make?

A 1 bed in Neva Residences rents for about AED 70,000 a year (median asking rent). That is a gross yield of 6.7% on the estimate.

Sales alert for Neva ResidencesAll sales in Neva Residences

Unit 1604 · Unit 1606