Unit 407, Neva Residences: what it sold for and what it is worth now

Unit 407 at Neva Residences is a 1 bed of 926 sq ft. It last sold for AED 800,587 on 12 Dec 2024. 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 1,037,000 today.

Value todayAED 1,037,000AED 978,000 to AED 1,087,000
Last saleAED 800,58712 Dec 2024 · Off-plan
Change since last sale+29.5% 
Rent (median asking, 1 bed)AED 70,000Gross yield 6.8%
Bedrooms1 bed
Size926 sq ft
Floor4 (from the unit number)
Position in the towerStack 07: units ending 07 share the same layout and view
BuildingNeva Residences by Tiger Properties, handed over 2026
Registered sales of this unit1

Every registered sale of unit 407

DatePriceSizeAED/sq ftType
12 Dec 2024AED 800,587926 sq ft865Off-plan

Units ending 07 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
7072 Jul 2026AED 1,035,000924 sq ft1,120Resale
6078 Aug 2025AED 918,237926 sq ft992Off-plan
100725 Jun 2025AED 615,706618 sq ft996Off-plan
90728 May 2025AED 1,020,000855 sq ft1,193Off-plan
7079 Jan 2025AED 915,564924 sq ft991Off-plan
80718 Dec 2024AED 988,686924 sq ft1,070Off-plan
50712 Dec 2024AED 714,073926 sq ft771Off-plan
20712 Dec 2024AED 774,763926 sq ft837Off-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 (926 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 407 at Neva Residences worth?

About AED 1,037,000 (range AED 978,000 to AED 1,087,000), based on AED 1,119 per sq ft from registered sales up to 15 Oct 2026.

When did unit 407 last sell?

12 Dec 2024, for AED 800,587 (off-plan). It has 1 registered sale.

What rent can unit 407 make?

A 1 bed in Neva Residences rents for about AED 70,000 a year (median asking rent). That is a gross yield of 6.8% on the estimate.

Sales alert for Neva ResidencesAll sales in Neva Residences

Unit 406 · Unit 408