Unit 409, Neva Residences: what it sold for and what it is worth now

Unit 409 at Neva Residences is a 2 bed of 1,209 sq ft. It last sold for AED 1,039,620 on 18 Nov 2024. At AED 1,202 per sq ft, from 8 sales in the building in the last 12 months (2 bed), it is worth about AED 1,453,000 today.

Value todayAED 1,453,000AED 1,398,000 to AED 1,487,000
Last saleAED 1,039,62018 Nov 2024 · Off-plan
Change since last sale+39.8% 
Rent (median asking, 2 bed)AED 110,000Gross yield 7.6%
Bedrooms2 bed
Size1,209 sq ft
Floor4 (from the unit number)
Position in the towerStack 09: units ending 09 share the same layout and view
BuildingNeva Residences by Tiger Properties, handed over 2026
Registered sales of this unit1

Every registered sale of unit 409

DatePriceSizeAED/sq ftType
18 Nov 2024AED 1,039,6201,209 sq ft860Off-plan

Units ending 09 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
140921 May 2026AED 1,163,1971,148 sq ft1,013Resale
160924 Apr 2026AED 1,425,0001,149 sq ft1,240Off-plan
150923 Dec 2025AED 1,180,1371,148 sq ft1,028Off-plan
12096 Dec 2025AED 1,069,8801,149 sq ft931Off-plan
90913 Aug 2025AED 840,000789 sq ft1,065Off-plan
80916 Apr 2025AED 1,063,2481,211 sq ft878Off-plan
16099 Jan 2025AED 1,259,8411,149 sq ft1,096Off-plan
70924 Dec 2024AED 1,104,4091,212 sq ft911Off-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
16022 Jul 2026AED 1,350,0001,132 sq ft1,193Resale
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

How we worked out the value

We took the 8 sales in Neva Residences in the last 12 months (2 bed), worked out the price per sq ft of each, and used the middle value (AED 1,202). We multiplied it by the size of this unit (1,209 sq ft). The range uses the middle half of those sales (AED 1,156 to AED 1,230 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 409 at Neva Residences worth?

About AED 1,453,000 (range AED 1,398,000 to AED 1,487,000), based on AED 1,202 per sq ft from registered sales up to 15 Oct 2026.

When did unit 409 last sell?

18 Nov 2024, for AED 1,039,620 (off-plan). It has 1 registered sale.

What rent can unit 409 make?

A 2 bed in Neva Residences rents for about AED 110,000 a year (median asking rent). That is a gross yield of 7.6% on the estimate.

Sales alert for Neva ResidencesAll sales in Neva Residences

Unit 408 · Unit 410