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Elegance by Chaimaa Holding

A 1 bed in Elegance by Chaimaa Holding costs a median AED 1.14M, rents long-let for AED 80,000/yr (6.67% gross), and returns 9.98% short-let at the assumed 80% occupancy — -1.1 pts vs Jumeirah Village Circle's 7.80% and -0.3 pts vs Dubai's 6.98% — from 20 sales and 27 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · 1 bed
12 in 12 months
Rental contracts · 1 bed
27 in 12 months
Buy
1.14MAED
AED 1,468/sqft
Long-let
80,000AED
AED 106/sqft · 6.67%
Short-let
9.98%
AED 514/night · 0.66/sqft

Priced off the last 5 sales — most recent June 2026.

Yield spread
-1.1 pts
vs the Jumeirah Village Circle median for this unit type
AED/yr/sqft
AED 106
Sales
20
Rental contracts
27
Short-let listings seen
5+

Based on 20 sales and 27 rental contracts in the last 24 months.

Elegance by Chaimaa Holding is an apartment building in Jumeirah Village Circle, Dubai. The closest metro station is Nakheel Metro Station, the nearest mall Marina Mall and the nearest landmark Sports City Swimming Academy. Land Department records for it run from 2023 to 2026, 296 registered sales in all — the 20 in the last 24 months are what every median above is computed from.

Rents by bedroom type

TypeMedian rentAED/yr/sqftYieldContracts
StudioAED 59,50012512.27%
+3.8 pts
12
1 bedAED 80,0001066.67%
-1.1 pts
27
2 bedAED 130,000998.52%
+1.2 pts
12

Deltas compare each yield with the Jumeirah Village Circle median for the same unit type. How these yields are computed

How these yields are computed
Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.
  • Studio: Priced off the last 5 sales — most recent June 2025.

Short-let rates around Elegance by Chaimaa Holding

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

How short-let rates are measured
Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.
TypeNightly (AED)AED/night/sqftNet revenue at 80%Long-let rentUpliftShort-let yieldListings seen
Studio500m4090.72AED 91,421AED 59,5001.5×14.57%12+
1 bed5140.66AED 113,799AED 80,0001.4×9.98%5+
2 bed500m8330.67AED 184,750AED 130,0001.4×12.11%4+

Nightly rate per sqft through the year

Median nightly rate per sqft by month of stay. Smaller, fainter points rest on fewer listings. Per-sqft puts different bedroom types on the same axis.

1 bed: first Oct 2026, 0.69 AED/night/sqft; latest Sep 2027, 0.56 AED/night/sqft; peak Dec 2026, 1.12 AED/night/sqft.

Net revenue assumes 80% occupancy — an assumption, not a measurement.

What the net revenue deducts
Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing. Rows marked 500m widen to the surrounding cluster, because Elegance by Chaimaa Holding itself had too few listings of that type to measure.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

6 resales in the last 12 months, against 45 a year on average over 2023–2025.

Sales

DateTypeSqftPriceAED/sqft
30 Jul 20262 bed1,349AED 1,800,0001,334
29 Jun 20262 bed1,359AED 1,520,0001,118
3 Jun 20261 bed752AED 1,250,0001,663
1 Jun 20261 bed753AED 1,180,0001,566

4 resales in the last 3 months.

Rental contracts

StartTypeSqftAnnual rentAED/sqftContract
30 Aug 20262 bed1,261AED 115,00091New
14 Aug 20262 bed1,218AED 130,000107New
1 Aug 20261 bed809AED 75,00093New
7 Jul 20261 bed729AED 80,000110New
1 Jul 20262 bed1,230AED 120,00098New
1 Jul 20261 bed1,099AED 100,00091New
1 Jul 20261 bed752AED 100,000133New
1 Jul 20261 bed752AED 85,000113New
1 Jul 20261 bed956AED 80,00084New
30 Jun 20261 bed796AED 90,000113New
20 Jun 20261 bed779AED 80,000103New
19 Jun 2026Studio725AED 59,00081New
16 Jun 20261 bed779AED 85,000109New
15 Jun 20261 bed755AED 75,00099New
14 Jun 20262 bed1,244AED 120,00096New
14 Jun 2026Studio725AED 57,00079New
8 Jun 20262 bed1,242AED 149,000120New
5 Jun 20261 bed830AED 77,00093New
1 Jun 20261 bed715AED 85,000119New
31 May 20262 bed1,238AED 170,000137New

20 contracts starting on or after 26 May 2026.

Start dates after 26 Aug 2026 are contracts already filed for a later move-in. They count towards the rent medians above for the same reason they appear here.

As registered

The building's record in the Dubai Land Department register, as of September 2026. Counts are as registered, not as built or as operated.

Floors
19
Lifts
3
Parking bays
161
Swimming pools
1

Nearby

Metro
Nakheel Metro Station
Mall
Marina Mall
Landmark
Sports City Swimming Academy

Compare with nearby buildings

The most-traded buildings in Jumeirah Village Circle, on the same figures over the same window.

Common questions

What is the rental yield in Elegance by Chaimaa Holding?
Elegance by Chaimaa Holding returns 6.67% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 27 rental contracts registered in the last 24 months.
How much does a 1 bedroom in Elegance by Chaimaa Holding cost?
The median registered sale price is AED 1.14M (1,468 AED/sqft), from 20 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
Have prices in Elegance by Chaimaa Holding risen or fallen?
Median price per square foot moved +4.8% over the last 12 months against the 12 before it, on 20 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Elegance by Chaimaa Holding compare with Jumeirah Village Circle?
Its 6.67% gross yield sits -1.1 pts against the Jumeirah Village Circle median of 7.80%, computed at the same bedroom grain over the same 24-month window.
Does Elegance by Chaimaa Holding earn more short-let than long-let?
A night asks a median of AED 514, which models to 9.98% net at an assumed 80% occupancy for a self-managed unit, after platform fees, cleaning and utilities — against 6.67% gross on the registered long lease. Nightly rates are asking rates sampled across the next 12 months, not registered income.

Source: Dubai Land Department open data — sale transactions and Ejari rental contracts. Data as of 2026-08-26. Short-let rates are collected separately from public Airbnb search results.

Gross yield divides median annual rent from new contracts by the median resale price for the same bedroom type over the last 24 months. Off-plan sales are included in price and trend figures but excluded from the yield denominator.

Elegance by Chaimaa Holding rental record

Record type
Building-level property market record
Data date
Evidence base
27 registered rental contracts in the trailing 24 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-let rates
Canonical record
/rent/apartments/dubai/jumeirah-village-circle/elegance-by-chaimaa-holding
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Elegance by Chaimaa Holding rents and yield.” Jumeirah Village Circle, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/rent/apartments/dubai/jumeirah-village-circle/elegance-by-chaimaa-holding.

Stable dataJSON

Where this data stops

Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.