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Neva Residences

A 1 bed in Neva Residences costs a median AED 836,089, rents long-let for AED 66,000/yr (6.95% gross), and returns 12.74% short-let at the assumed 80% occupancy — -0.8 pts vs Jumeirah Village Circle's 7.80% and -0.0 pts vs Dubai's 6.97% — from 231 sales and 140 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · 1 bed
54 in 12 months
Rental contracts · 1 bed
140 in 12 months
Buy
836,089AED
AED 1,124/sqft
Long-let
6.95%
AED 66,000/yr
Short-let
12.74%
AED 488/night · 0.59/sqft

Price per sqft: Median of 23 registered sales of ready units in the last 3 months, most recent August 2026.

Priced off 23 sales in the last 3 months.

Yield spread
-0.8 pts
vs the Jumeirah Village Circle median for this unit type
AED/yr/sqft
AED 81
Sales
231
Rental contracts
140
Short-let listings seen
4+
12 months
+12.5%
3 years
+14.3%+4.5%/yr

Based on 231 sales and 140 rental contracts in the last 24 months.

Neva Residences is an apartment building in Jumeirah Village Circle, Dubai. The closest metro station is Dubai Internet City, the nearest mall Mall of the Emirates and the nearest landmark Sports City Swimming Academy. Land Department records for it run from 2023 to 2026, 890 registered sales in all — the 231 in the last 24 months are what every median above is computed from.

Yield by bedroom type

TypeMedian priceAED/sqftYield12moSales
StudioAED 568,21310988.15%
-0.3 pts
+12.0%24
1 bedAED 836,08910086.95%
-0.8 pts
+12.5%231
2 bedAED 1.08M9277.05%
-0.3 pts
+26.6%40

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.

Short-let rates around Neva Residences

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
Studio500m4060.78AED 91,499AED 48,0001.9×16.10%10+
1 bed4880.59AED 106,497AED 66,0001.6×12.74%4+
2 bed500m6870.59AED 149,767AED 102,0001.5×13.81%7+

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, 0.55 AED/night/sqft; latest Sep 2027, 0.4 AED/night/sqft; peak Apr 2027, 0.66 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 Neva Residences itself had too few listings of that type to measure.

Off-plan vs resale

Units sold off-plan in Neva Residences between 2023 and 2026 went for a median of AED 988/sqft (AED 816,503). The same building resells today at AED 1,012/sqft (AED 845,272) — an uplift of +22.5%.

Based on 403 off-plan sales across the building's full history.

Why this uses the full history
This comparison is deliberately not restricted to the 24-month window used elsewhere on the page — off-plan launches mostly predate it, so the window would erase the sales being compared.

Recent transactions

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

42 resales in the last 12 months, against 131 a year on average over 2023–2025.

Sales

DateTypeSqftPriceAED/sqft
26 Aug 20261 bed885AED 850,000960
25 Aug 20261 bed779AED 910,0001,168
24 Aug 20261 bed860AED 950,0001,104
24 Aug 20261 bed863AED 925,0001,072
21 Aug 20262 bed1,207AED 1,470,0001,218
21 Aug 20261 bed937AED 1,100,0001,175
20 Aug 20262 bed1,133AED 1,460,0001,289
19 Aug 20261 bed926AED 1,100,0001,187
19 Aug 20261 bed909AED 1,000,0001,100
10 Aug 20261 bed805AED 920,0001,142
10 Aug 20261 bed884AED 935,0001,058
7 Aug 20261 bed936AED 1,075,0001,148
6 Aug 20261 bed888AED 1,000,0001,126
4 Aug 20261 bed922AED 1,065,0001,155
3 Aug 20261 bed885AED 915,0001,034
31 Jul 20261 bed869AED 850,000979
30 Jul 20262 bed1,132AED 1,435,0001,268
27 Jul 20261 bed908AED 1,050,0001,156
13 Jul 20261 bed801AED 900,0001,124
10 Jul 20261 bed936AED 1,100,0001,175
9 Jul 2026Studio524AED 695,0001,325
9 Jul 20261 bed869AED 934,2151,076
7 Jul 20261 bed888AED 860,000968
2 Jul 20261 bed924AED 1,035,0001,120
2 Jul 20262 bed1,132AED 1,350,0001,192
23 Jun 20261 bed804AED 900,0001,119
8 Jun 20261 bed844AED 1,080,0001,279
8 Jun 20261 bed786AED 1,000,0001,273

28 resales in the last 3 months.

Rental contracts

StartTypeSqftAnnual rentAED/sqftContract
1 Sept 20261 bed801AED 65,00081New
1 Sept 2026Studio524AED 50,00095New
1 Sept 20261 bed853AED 65,00076New
1 Sept 20261 bed518AED 60,000116New
1 Sept 20261 bed799AED 69,80687New
1 Sept 20262 bed1,133AED 100,00088New
28 Aug 20261 bed869AED 70,00081New
27 Aug 20261 bed548AED 60,000110New
27 Aug 20261 bed805AED 65,00081New
25 Aug 20261 bed925AED 72,00078New
24 Aug 20261 bed804AED 65,00081New
24 Aug 20261 bed805AED 70,00087New
23 Aug 20261 bed615AED 55,00089New
22 Aug 20261 bed806AED 68,00084New
21 Aug 20261 bed858AED 72,00084New
20 Aug 20262 bed1,136AED 99,00087New
20 Aug 20261 bed804AED 70,00087New
20 Aug 20261 bed936AED 85,00091New
17 Aug 20261 bed806AED 68,00084New
15 Aug 20261 bed800AED 70,00088New
15 Aug 2026Studio524AED 50,00095New
15 Aug 20261 bed863AED 65,00075New
15 Aug 20261 bed541AED 60,000111New
15 Aug 20261 bed561AED 62,000111New
14 Aug 20261 bed903AED 70,00078New
14 Aug 20261 bed805AED 65,00081New
12 Aug 20261 bed844AED 69,00082New
10 Aug 20261 bed901AED 68,00075New
10 Aug 20261 bed543AED 62,000114New
10 Aug 20261 bed798AED 75,00094New
10 Aug 20261 bed802AED 32,50041New
6 Aug 2026Studio515AED 47,00091New
5 Aug 20261 bed886AED 65,00073New
5 Aug 20261 bed863AED 63,00073New
5 Aug 20261 bed553AED 55,00099New
4 Aug 20261 bed801AED 64,00080New
4 Aug 20262 bed1,136AED 96,00084New
3 Aug 20261 bed571AED 60,000105New
1 Aug 20261 bed605AED 53,00088New
1 Aug 20261 bed869AED 72,00083New
1 Aug 20261 bed614AED 65,000106New
1 Aug 20261 bed863AED 65,00075New
1 Aug 20261 bed803AED 65,00081New
1 Aug 20261 bed884AED 73,00083New
1 Aug 20261 bed848AED 65,00077New
1 Aug 20261 bed811AED 65,00080New
1 Aug 20261 bed804AED 65,00081New
1 Aug 20261 bed809AED 65,00080New
1 Aug 20261 bed597AED 57,00095New
1 Aug 20261 bed852AED 68,00080New
1 Aug 20261 bed806AED 64,00079New
1 Aug 2026Studio517AED 45,00087New
1 Aug 20261 bed922AED 69,00075New
1 Aug 20261 bed908AED 66,00073New
1 Aug 20261 bed803AED 68,00085New
31 Jul 2026Studio524AED 48,00092New
31 Jul 20261 bed854AED 68,00080New
28 Jul 20261 bed922AED 65,00070New
23 Jul 20261 bed937AED 75,00080New
22 Jul 20261 bed925AED 65,00070New

Showing the 60 most recent of 140 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
22
Lifts
9
Parking bays
610
Swimming pools
1

Nearby

Metro
Dubai Internet City
Mall
Mall of the Emirates
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 Neva Residences?
Neva Residences returns 6.95% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 140 rental contracts registered in the last 24 months.
How much does a 1 bedroom in Neva Residences cost?
The median registered sale price is AED 836,089 (1,008 AED/sqft), from 231 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in Neva Residences selling for right now?
Registered sales of ready units in Neva Residences over the last 3 months have a median of 1,124 AED/sqft, across 23 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in Neva Residences risen or fallen?
Median price per square foot moved +12.5% over the last 12 months against the 12 before it, on 231 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Neva Residences compare with Jumeirah Village Circle?
Its 6.95% gross yield sits -0.8 pts against the Jumeirah Village Circle median of 7.80%, computed at the same bedroom grain over the same 24-month window.

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.

Neva Residences sale record

Record type
Building-level property market record
Data date
Evidence base
231 registered sales 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
/sale/apartments/dubai/jumeirah-village-circle/neva-residences
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Neva Residences sale prices and yield.” Jumeirah Village Circle, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/sale/apartments/dubai/jumeirah-village-circle/neva-residences.

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.