Unit 501, Neva Residences: what it sold for and what it is worth now

Unit 501 at Neva Residences is a 1 bed of 854 sq ft. It last sold for AED 793,657 on 16 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 956,000 today.

Value todayAED 956,000AED 902,000 to AED 1,003,000
Last saleAED 793,65716 Dec 2024 · Off-plan
Change since last sale+20.5% 
Rent (median asking, 1 bed)AED 70,000Gross yield 7.3%
Bedrooms1 bed
Size854 sq ft
Floor5 (from the unit number)
Position in the towerStack 01: units ending 01 share the same layout and view
BuildingNeva Residences by Tiger Properties, handed over 2026
Registered sales of this unit1

Every registered sale of unit 501

DatePriceSizeAED/sq ftType
16 Dec 2024AED 793,657854 sq ft929Off-plan

Units ending 01 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
14016 Jun 2026AED 1,000,000786 sq ft1,272Resale
40129 Apr 2026AED 1,080,000854 sq ft1,265Off-plan
20126 May 2025AED 755,863854 sq ft885Off-plan
30113 Dec 2024AED 728,015854 sq ft852Off-plan
60113 Dec 2024AED 806,255854 sq ft944Off-plan
90110 Dec 2024AED 782,245810 sq ft966Off-plan
150110 Dec 2024AED 845,272785 sq ft1,077Off-plan
8019 Dec 2024AED 875,210854 sq ft1,025Off-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 (854 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 501 at Neva Residences worth?

About AED 956,000 (range AED 902,000 to AED 1,003,000), based on AED 1,119 per sq ft from registered sales up to 15 Oct 2026.

When did unit 501 last sell?

16 Dec 2024, for AED 793,657 (off-plan). It has 1 registered sale.

What rent can unit 501 make?

A 1 bed in Neva Residences rents for about AED 70,000 a year (median asking rent). That is a gross yield of 7.3% on the estimate.

Sales alert for Neva ResidencesAll sales in Neva Residences

Unit 437 · Unit 502