PLAZZO DEVELOPMENT REAL ESTATE L.L.C · Selling since 2014 · recent sales mostly resales
AED 1,178/sqft
+5.0%
AED 1,245,312
AED 624,428 to AED 2,553,737, from 5.3 years of this project's own history. A trend, not a forecast.
Wide range
Enter the size from the brochure or the floor plan. We price it against what homes of that size actually registered at in Plazzo Heights — not an asking price, and not this project’s overall median, which mixes every unit size together.
A year’s rent against what that size actually sold for in Plazzo Heights over the same twelve months. Prices are this project’s own registered sales. Rents marked this building are registered new tenancies in Plazzo Heights itself; the rest are homes of the same size in Jumeirah Village Circle, used where Ejari did not name the building.
| Size | Costs now | Rents for | Gross yield | Sales behind it |
|---|---|---|---|---|
| Studio | AED 530K | AED 53,000/yrthis building · 28 new lets | 10.0% | 10 |
Why this is lower than yields quoted elsewhere
The usual shortcut divides today’s rent by an average price — and in a market that has risen as far as Dubai’s, the average is a historical price. On that arithmetic a studio here reads 10.6% instead of 10.0%, because it prices the home at AED 500K — the median across every sale on record — rather than the AED 530K it costs today. Every figure above uses the same twelve months on both sides.
What it returns after service charges
Starting from this building’s own owners-association budget for 2023 — AED 12/sqft, as filed with the Land Department. Charges have risen since then and the filing is matched to this page by name, so replace it with your own invoice if you have one. How to check it.
| Size | Charge / year | Rent after it | Gross | Net |
|---|---|---|---|---|
| Studio | AED 5,094 | AED 47,906 | 10.0% | 9.0% |
Still not the final number: agency commission on re-letting, and any month the home sits empty, both come out of net rent too. This subtracts the service charge only, because it is the one cost that is the same every year whether or not the home is let.
Gross yield: rent before costs. Service charges, agency commission, and any month the home sits empty all come out of it — in Dubai the service charge alone is commonly a fifth to a third of the rent, so treat these as the ceiling rather than the return.
Price vs. Jumeirah Village Circle median
-18.4%
Priced at or below the area's real median.
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Verification guide →Transport, schools, healthcare, and daily essentials within 3 km.
We haven't mapped what's around this project yet. Places are added in batch runs, busiest projects first.