Project · #2980 by 12M value
Elegance by Chaimaa Holding
Market bulletin · Thu, 22 Oct 2026
Elegance by Chaimaa Holding: 1 sales worth AED 640K in 30 days
Elegance by Chaimaa Holding recorded 1 sale worth AED 640K in the 30 days to Thu, 22 Oct 2026. Over the last week 0 sales were registered (AED 0), against 0 the week before.
By market over 12 months: off-plan resales 80%, secondary (ready) sales 20%.
In Jumeirah Village Circle, Elegance by Chaimaa Holding ranked #11 of 11 leading projects by 12-month sales value; it is developed by Deval Real State Development. Its first registered sale was on 19 June 2023.
Leases registered in the last three months had a median annual rent of AED 88K.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | — |
| Nov 25 | — |
| Oct 25 | — |
| Sept 25 | — |
| Aug 25 | — |
| Jul 25 | AED 1,246 |
| Jun 25 | — |
| May 25 | — |
| Apr 25 | — |
| Mar 25 | — |
| Feb 25 | — |
| Jan 25 | — |
| Dec 24 | — |
| Nov 24 | — |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 1 |
| Sept 26 | 0 | 0 | 0 |
| Aug 26 | 0 | 0 | 0 |
| Jul 26 | 0 | 0 | 1 |
| Jun 26 | 0 | 0 | 0 |
| May 26 | 0 | 0 | 0 |
| Apr 26 | 0 | 0 | 0 |
| Mar 26 | 0 | 3 | 0 |
| Feb 26 | 0 | 0 | 0 |
| Jan 26 | 0 | 3 | 0 |
| Dec 25 | 0 | 2 | 0 |
| Nov 25 | 0 | 0 | 0 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 1 | — | AED 640K | — | — |
| Last 3 months | 2 | — | AED 2.44M | — | — |
| Last 6 months | 2 | down 75.0% | AED 2.44M | — | — |
| Last 12 months | 10 | down 44.4% | AED 12.4M | 1,369 | up 12.9% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Off-plan resale | 8 | 80% | AED 1.20M | 1,369 | up 8.6% |
| Secondary (ready) | 2 | 20% | — | — | — |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 1 | 10% | — | — | — |
| 1 bedroom | 5 | 50% | AED 1.10M | 1,476 | up 1.4% |
| 2 bedrooms | 4 | 40% | — | — | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 10 | 100% | AED 1.20M | 1,369 | up 12.9% |
Rents & yields
Leases registered with Ejari / DLD.
Median annual rent
Monthly median of registered leases (new and renewed)
View data table
| Date | Annual rent |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | AED 80K |
| Mar 26 | AED 75K |
| Feb 26 | — |
- Leases (12M)
- 58
- New leases
- 100%
- Median rent 3M
- AED 88K
- Rent/sqft 3M
- AED 105
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| 1 BR | 11 | AED 80K | AED 80K | 95 |
Competing projects in Jumeirah Village Circle
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Binghatti AmberhallBinghatti | 406 | 1,695 | — |
| Serenz Tower ADanube Properties | 332 | 2,316 | up 5.6% |
| Luma Park ViewsTownX Real Estate Development | 227 | 1,472 | up 1.7% |
| Binghatti RubyBinghatti | 165 | 1,649 | — |
| The WeaveThe Weave Real Estate Development | 168 | 1,765 | — |
| Binghatti Royale JVCBinghatti | 111 | 2,396 | — |
| Binghatti ApexBinghatti | 202 | 1,422 | down 3.4% |
| 311 BoulevardBam Eskan Real Estate Development | 134 | 1,365 | — |
| Pearl House 4Imtiaz Real Estate Investment And Development | 138 | 1,455 | — |
| Binghatti CircleBinghatti | 151 | 1,725 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 1.80M | 2 BR Apartment · 1,349 sqftElegance by Chaimaa Holding · Jumeirah Village Circle | 30 Jul |
| AED 640K | Studio Apartment · 445 sqftElegance by Chaimaa Holding · Jumeirah Village Circle | 1 Oct |
Questions about Elegance by Chaimaa Holding
How many properties were sold in Elegance by Chaimaa Holding in the last year?
10 sales worth AED 12.4M were registered in the last 12 months: 0% developer off-plan, 80% off-plan resales and 20% secondary (ready) sales.
What is the average rent in Elegance by Chaimaa Holding?
The median annual rent on leases registered in the last three months was AED 88K.
Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.
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