PropertyIndex

Chaimaa Avenue 2

Completed · Q4 2022|93 units · 1 building

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Chaimaa Avenue 2 is a completed apartment development by DEVAL REAL ESTATE DEVELOPMENT L.L.C in Jumeirah Village Circle, Al Barsha South Fourth, comprising 93 registered units. 133 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,178 per sqft. At AED 1,178 per sqft, Chaimaa Avenue 2 prices 19% below the Jumeirah Village Circle average of AED 1,452 per sqft on registered sales.

PIX© price · 6.1% YoY
1.04MAED
Typical
1,178AED
PSF
Gross yield
8.6%
PIX© rent ÷ PIX© price
Sale records
133
DLD · all time
Rent contracts
220
Ejari · all time
Chaimaa Avenue 2

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
220 – 2,006 sqft
931.04M1,1786.1%89K8.6%
Residential
Studio · Apartment
461 – 821 sqft
18
1 Bed · Apartment
548 – 1,117 sqft
53
2 Bed · Apartment
1,030 – 1,600 sqft
18
3 Bed · Apartment
1,307 – 1,493 sqft
2
Commercial
Shop
2,006 sqft
1
Store
220 sqft
1
Sales — Project-Wide133 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
2 Jul 20261 BedFloor 2803900,0001,121+12.1%StandardStandard Sale
19 Jun 20262 BedFloor 41,5111,580,0001,046+42.0%StandardStandard Sale
13 Jan 20261 BedFloor 18681,005,0001,158+27.6%StandardStandard Sale
Rentals — Project-Wide220 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
15 Sep 20261 Bed78072,00092Standardrenewal
8 Aug 2026StudioFloor 557043,00075-20.4%Standardnew
3 Aug 20261 BedFloor 467660,00089-33.3%Entry Levelnew

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Jumeirah Village Circle

The closest-priced registered projects in Jumeirah Village Circle.

Common questions about Chaimaa Avenue 2

Answered from Dubai Land Department registered transactions.

How much does a property in Chaimaa Avenue 2 cost?

Property in Chaimaa Avenue 2 sells at a current PIX© price of AED 1,178 per sqft, or about AED 1,039,926 for a typical unit, based on 133 sales registered with the Dubai Land Department.

Is Chaimaa Avenue 2 completed?

Yes. Chaimaa Avenue 2 is recorded as completed in the Dubai Land Department project register (completed q4 2022).

Who is the developer of Chaimaa Avenue 2?

Chaimaa Avenue 2 is developed by DEVAL REAL ESTATE DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Chaimaa Avenue 2?

Chaimaa Avenue 2 yields 8.6% gross, calculated from current PIX© rent against current PIX© sale price, across 220 registered Ejari contracts.

How many units are in Chaimaa Avenue 2?

Chaimaa Avenue 2 holds 93 registered units, per the Dubai Land Department unit register.

Have prices in Chaimaa Avenue 2 gone up or down?

Price per sqft has fallen -6.1% over the last 12 months, to AED 1,178, across 133 registered sales.