Project · #1332 by 12M value
Neva Residences
Jumeirah Village Circle · Tiger Properties - Tiger Real Estate
Market bulletin · Thu, 22 Oct 2026
Neva Residences: median AED 1,126/sqft, down 7.2% over three months on 15 sales
Neva Residences recorded 1 sale worth AED 970K in the 30 days to Thu, 22 Oct 2026, down 75.0% on the previous 30 days. Over the last week 0 sales were registered (AED 0), against 0 the week before.
The median sale over the last three months was AED 960K, or AED 1,126/sqft — like-for-like prices per sqft down 7.2% on the previous three months. Monthly medians over the past year ranged from AED 1,015/sqft to AED 1,211/sqft.
By market over 12 months: developer off-plan sales 16.3%, off-plan resales 24.5%, secondary (ready) sales 59.2%. Off-plan resales traded at a median 13.9% premium to developer prices per sqft.
In Jumeirah Village Circle, Neva Residences ranked #11 of 11 leading projects by 12-month sales value; it is developed by Tiger Properties - Tiger Real Estate. Its first registered sale was on 5 May 2023.
Leases registered in the last three months had a median annual rent of AED 68K; like-for-like rent per sqft is up 2.3% on the previous three months. The best gross yield is on 2 BR apartments at about 7.3%.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | AED 1,134 |
| Jul 26 | AED 1,124 |
| Jun 26 | — |
| May 26 | AED 1,211 |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | AED 1,015 |
| Nov 25 | — |
| Oct 25 | — |
| Sept 25 | — |
| Aug 25 | AED 1,013 |
| Jul 25 | AED 1,037 |
| Jun 25 | AED 973 |
| May 25 | AED 947 |
| Apr 25 | — |
| Mar 25 | — |
| Feb 25 | — |
| Jan 25 | AED 1,113 |
| Dec 24 | AED 988 |
| 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 | 3 |
| Aug 26 | 0 | 0 | 8 |
| Jul 26 | 0 | 0 | 9 |
| Jun 26 | 0 | 0 | 1 |
| May 26 | 0 | 2 | 7 |
| Apr 26 | 0 | 4 | 0 |
| Mar 26 | 0 | 1 | 0 |
| Feb 26 | 2 | 1 | 0 |
| Jan 26 | 0 | 0 | 0 |
| Dec 25 | 4 | 3 | 0 |
| Nov 25 | 1 | 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 | down 75.0% | AED 970K | — | — |
| Last 3 months | 15 | down 21.1% | AED 15.4M | 1,126 | down 6.9% |
| Last 6 months | 34 | up 142.9% | AED 35.9M | 1,152 | up 11.1% |
| Last 12 months | 49 | down 77.9% | AED 50.7M | 1,124 | up 13.8% |
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 (developer) | 8 | 16% | AED 986K | 1,034 | up 4.7% |
| Off-plan resale | 12 | 24% | AED 980K | 1,178 | up 14.6% |
| Secondary (ready) | 29 | 59% | AED 1.00M | 1,142 | — |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 1 | 2% | — | — | — |
| 1 bedroom | 37 | 76% | AED 950K | 1,120 | up 13.4% |
| 2 bedrooms | 11 | 22% | AED 1.35M | 1,192 | up 32.4% |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 49 | 100% | AED 980K | 1,124 | up 13.8% |
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 | AED 70K |
| Aug 26 | AED 69K |
| Jul 26 | AED 65K |
| Jun 26 | AED 68K |
| May 26 | AED 69K |
- Leases (12M)
- 183
- New leases
- 100%
- Median rent 3M
- AED 68K
- Rent/sqft 3M
- AED 83
| 1 BR apartments | AED 67K / AED 955K | 7.0% |
|---|---|---|
| 2 BR apartments | AED 104K / AED 1.42M | 7.3% |
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| Studio | 12 | AED 50K | AED 50K | 96 |
| 1 BR | 108 | AED 67K | AED 67K | 80 |
| 2 BR | 12 | AED 104K | AED 104K | 90 |
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 1.47M | 2 BR Apartment · 1,207 sqftNeva Residences · Jumeirah Village Circle | 20 Aug |
| AED 1.46M | 2 BR Apartment · 1,133 sqftNeva Residences · Jumeirah Village Circle | 20 Aug |
| AED 1.44M | 2 BR Apartment · 1,132 sqftNeva Residences · Jumeirah Village Circle | 30 Jul |
| AED 1.07M | 1 BR Apartment · 936 sqftNeva Residences · Jumeirah Village Circle | 7 Aug |
| AED 1.05M | 1 BR Apartment · 908 sqftNeva Residences · Jumeirah Village Circle | 27 Jul |
| AED 1.00M | 1 BR Apartment · 888 sqftNeva Residences · Jumeirah Village Circle | 6 Aug |
Questions about Neva Residences
What is the average price per sqft in Neva Residences?
The median sale price in Neva Residences over the last three months was AED 1,126 per sqft (median sale AED 960K), based on 15 sales registered with Dubai Land Department.
How many properties were sold in Neva Residences in the last year?
49 sales worth AED 50.7M were registered in the last 12 months: 16% developer off-plan, 25% off-plan resales and 59% secondary (ready) sales.
What is the average rent in Neva Residences?
The median annual rent on leases registered in the last three months was AED 68K, and the best gross rental yield is about 7.3%.
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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