Unit 502, Neva Residences: what it sold for and what it is worth now

Unit 502 at Neva Residences is a 1 bed of 869 sq ft. It last sold for AED 850,594 on 13 Dec 2024. At AED 1,134 per sq ft, from 6 sales of units ending 02 (same position in the tower), it is worth about AED 986,000 today.

Value todayAED 986,000AED 934,000 to AED 1,085,000
Last saleAED 850,59413 Dec 2024 · Off-plan
Change since last sale+15.9% 
Rent (median asking, 1 bed)AED 70,000Gross yield 7.1%
Bedrooms1 bed
Size869 sq ft
Floor5 (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 unit1

Every registered sale of unit 502

DatePriceSizeAED/sq ftType
13 Dec 2024AED 850,594869 sq ft979Off-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
16022 Jul 2026AED 1,350,0001,132 sq ft1,193Resale
130214 Jan 2025AED 1,130,4551,132 sq ft999Off-plan
150213 Dec 2024AED 1,102,6121,132 sq ft974Off-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 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 (869 sq ft). The range uses the middle half of those sales (AED 1,075 to AED 1,249 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 502 at Neva Residences worth?

About AED 986,000 (range AED 934,000 to AED 1,085,000), based on AED 1,134 per sq ft from registered sales up to 15 Oct 2026.

When did unit 502 last sell?

13 Dec 2024, for AED 850,594 (off-plan). It has 1 registered sale.

What rent can unit 502 make?

A 1 bed in Neva Residences rents for about AED 70,000 a year (median asking rent). That is a gross yield of 7.1% on the estimate.

Sales alert for Neva ResidencesAll sales in Neva Residences

Unit 501 · Unit 503