MASAAR TOWER PROPERTIES DEVELOPMENT L.L.C

Masaar Residence

Completed|94 units · 1 building

Masaar Residence is a completed community by MASAAR TOWER PROPERTIES DEVELOPMENT L.L.C in Jumeirah Village Circle, comprising 94 registered units. 193 sales are registered with the Dubai Land Department, at a current PIX© price of AED 904 per sqft. At AED 904 per sqft, Masaar Residence prices 26% below the Jumeirah Village Circle median of AED 1,216 per sqft on registered sales.

PIX© price · ↑9.2% YoY

568KAED

Typical

904AED

PSF

Gross yield

9.1%

PIX© rent ÷ PIX© price

Sale records

193

DLD · all time

Rent contracts

595

Ejari · all time

Location data © OpenStreetMap contributors

SATELLITE

LocationJumeirah Village Circle

Drive times · typical

Downtown Dubai20 min · 19.9 km

DXB Airport24 min · 32.6 km

DIFC25 min · 23.9 km

Dubai Marina19 min · 14.6 km

Palm Jumeirah19 min · 16.6 km

Nearby · straight-line

Metro stationAl Furjan5.4 km

MallThe Springs Souk1.3 km

SchoolSunmarke School1 km

HospitalSaudi German Hospital4.9 km

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Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor

Units on floor 4

…

Studio on Floor 4

Size
Record: Jan 2014 to Apr 2025
Owners: 5
Tenants: 5
Price change
Yield on cost

Sale price by owner

Party	Date	Held	Note
5Tenant 5	6 Apr 2025	13 mo	Owner 5
5Owner 5	16 Jan 2025	21 mo	Current owner
4Owner 4	21 Nov 2023	14 mo	Sold with tenant in place
4Tenant 4	12 Jul 2022	2.4 yrs	Ended early Owner 3
3Tenant 3	5 Jul 2020	21 mo	Owner 3
2Tenant 2	1 Jun 2019	13 mo	Owner 3
3Owner 3	15 May 2017	6.5 yrs	Sold with tenant in place
1Tenant 1	28 Feb 2017	2.3 yrs	Owner 2
2Owner 2	17 Dec 2014	2.4 yrs
1Owner 1	23 Jan 2014	11 mo

PIX© Airbnb Calculator

Your nightly rate and occupancy, against this unit’s registered record.

Studio · Floor 4

Nightly rateAED

Occupancy (237 nights)

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Masaar Residence904AED/sqft · project-wide

Units

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

Type	Units	PIX© Price	PIX© PSF	PSF YoY	PIX© Rent /yr	Yield
PIX© Core Project-Wide 481 - 1,607 sqft	94	568K	904	↑9.2%	52K	9.1%
Studio · Apartment 481 - 986 sqft	56
1 Bed · Apartment 602 - 1,607 sqft	28
2 Bed · Apartment 959 - 1,131 sqft	10

Sales - Project-Wide193 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
27 Oct 2026	Studio	Floor 3	492	475,000	965	+8.0%	Entry Level	Standard Sale
3 Sep 2026	Studio	Floor G	517	450,000	871	-12.3%	Entry Level	Standard Sale
2 Sep 2026	Studio	Floor G	591	715,000	1,211	+60.7%	Premium	Standard Sale

Rentals - Project-Wide595 Ejari contracts

PIX© rent analysis

PIX©Entry

PIX©Standard

PIX©Premium

Rent PSF YoY

Gross yield

All time

Rent range

Renewals

Latest contracts

Start Date	Beds	Position	Size	Rent / Yr	Rent PSF	vs Prior Rent	Tier	Type
22 Dec 2026	Studio	Floor 4	492	55,000	112	-	Standard	CERTIFICATE
21 Nov 2026	Studio	Floor 1	495	55,456	112	-	Premium	CONTRACT
1 Nov 2026	Studio	Floor 3	595	46,200	78	-	Standard	CERTIFICATE

Comparables

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

Map of comparable projects in this community

Location data © OpenStreetMap contributors

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare2 peers could not be placed

This project

Masaar Residence

Compared with

Gardenia 2

PIX© PSF

902

Rank

#39 of 46

#38 of 46

Typical price

573K

Yield

9.4%

Units

102

Sales

Rents

223

261

Developer

MASAAR TOWER PROPERTIES DEVELOPMENT L.L.C

DAMAC

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Botanica MYRA REAL ESTATE DEVEIOPMENT L.L.C · Completed	121					54	279
	Shamal Waves LOOTAH REAL ESTATE DEVELOPMENT L.L.C · Completed	68					43	177
	Arezzo 2 DAMAC · Completed	101					29	308
	Mulberry 2 DAMAC · Completed	100					50	302
	Gardenia 2 DAMAC · Completed	102					47	261
39	Masaar Residence MASAAR TOWER PROPERTIES DEVELOPMENT L.L.C · Completed	94	902	Subject	573K	9.4%	58	223
	Mulberry 1 DAMAC · Completed	89					35	270
	Lolena residence AL MASARAT REAL ESTATE DEVELOPMENT (LLC) · Completed	99					41	219
	Knightsbridge Court ACW HOLDING LTD · Completed	169					81	362
	Magnolia 1 DAMAC · Completed	100					39	308
	Magnolia 2 DAMAC · Completed	97					28	287

Community median 1,216 AED/sqft. Showing the closest-ranked peers of 46 ranked projects in the community. 67 community projects excluded for insufficient recorded sales. 148 excluded for trading only in the off-plan market. 14 excluded for insufficient unit-mix overlap. Peer set trimmed to the most similar projects by unit size, vintage and status. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Jumeirah Village Circle

The closest-priced registered projects in Jumeirah Village Circle.

Gardenia 2AED 906/sqft
Mulberry 2AED 909/sqft
Mulberry 1AED 893/sqft
Arezzo 2AED 926/sqft
Shamal WavesAED 932/sqft
Lolena residenceAED 876/sqft

Common questions about Masaar Residence

Answered from Dubai Land Department registered transactions.

How much does a property in Masaar Residence cost?

Property in Masaar Residence sells at a current PIX© price of AED 904 per sqft, or about AED 568,445 for a typical unit, based on 193 sales registered with the Dubai Land Department.

Is Masaar Residence completed?

Yes. Masaar Residence is recorded as completed in the Dubai Land Department project register.

Who is the developer of Masaar Residence?

Masaar Residence is developed by MASAAR TOWER PROPERTIES DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Masaar Residence?

Masaar Residence yields 9.1% gross, calculated from current PIX© rent against current PIX© sale price, across 595 registered Ejari contracts.

How many units are in Masaar Residence?

Masaar Residence holds 94 registered units, per the Dubai Land Department unit register.

Have prices in Masaar Residence gone up or down?

Price per sqft has risen +9.2% over the last 12 months, to AED 904, across 193 registered sales.