Studio · 380 sqftGiovanni Boutique Suites, Dubai Sports City · 4th floor · completed 2014

401, Giovanni Boutique Suites

Sold prices and rental history: sold 3 times, last in September 2019, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 1 March 2025
Last soldAED 343K8 September 2019
Current rentAED 38K /yr1 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Giovanni Boutique Suites

What is 401 worth today?

Last sold for AED 343,000 in 2019

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1 Mar 2025RentedRenewal
AED 37,500/yr12 months · AED 99 per sqft
1 Mar 2023RentedRenewal
AED 30,450/yr12 months · AED 81 per sqft
1 Mar 2022RentedNew contract
AED 29,000/yr12 months · AED 77 per sqft
8 Sep 2019SoldReady
AED 343,000AED 902 per sqft
15 Nov 2017RentedNew contract
AED 44,000/yr12 months · AED 117 per sqft
4 Jun 2017SoldReady
AED 600,000AED 1,579 per sqft
15 Jul 2009Sold by developerOff-plan
AED 451,796AED 1,189 per sqft

Source: Dubai Land Department. Updated 1 March 2025.

Key facts

Type
Studio apartment
Size
380 sqft
Floor
4th of 20
Parking
G-25
Developer
Neo Solutions
Completed
2014
Last sold
AED 343K · September 2019

About 401, Giovanni Boutique Suites

401 is a studio of 380 sqft on the 4th floor of Giovanni Boutique Suites, a 20-storey tower in Dubai Sports City completed in 2014 by Neo Solutions. It last sold on 8 September 2019 for AED 343,000, or AED 902 per sqft, in line with the AED 908 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 1 March 2025, is AED 37,500 a year: a gross yield of 10.9% on the 2019 price.

Sales and rents for 401 over time

Sales
Unit 401, each saleTypical studio in Giovanni Boutique Suites
200K400K600K2009201420192024Typical sale price by year: 2009 AED 610,736; 2010 AED 579,093; 2012 AED 624,143; 2013 AED 262,800; 2014 AED 585,200; 2015 AED 550,000; 2016 AED 560,000; 2017 AED 570,000; 2018 AED 520,000; 2019 AED 362,500; 2020 AED 375,000; 2021 AED 330,000; 2022 AED 325,000; 2023 AED 400,000; 2024 AED 470,000; 2025 AED 520,000; 2026 AED 555,000Sold by developer, July 2009: AED 451,796 (AED 1,189 per sqft)Sold, June 2017: AED 600,000 (AED 1,579 per sqft)Sold, September 2019: AED 343,000 (AED 902 per sqft)

401 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 401, each contractTypical studio in Giovanni Boutique Suites
40K2016201920222025Typical rent by year: 2016 AED 55,000; 2017 AED 50,000; 2018 AED 43,000; 2019 AED 36,000; 2020 AED 28,000; 2021 AED 28,000; 2022 AED 31,750; 2023 AED 38,500; 2024 AED 45,000; 2025 AED 45,000; 2026 AED 49,000New contract, November 2017: AED 44,000 a yearNew contract, March 2022: AED 29,000 a yearRenewal, March 2023: AED 30,450 a yearRenewal, March 2025: AED 37,500 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Giovanni Boutique Suites, and where 401 sits

All 305 studios →

401 last sold in September 2019 at AED 902 per sqft, in line with what studios in Giovanni Boutique Suites were fetching at the time (AED 908). Over the last 12 months studios sold for AED 454,705 to 570,000, around AED 1,247 per sqft, and rent for AED 28,600 to 60,000 a year. 401's AED 37,500 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
5 Feb 2026475,000
16 Jan 2026570,000
15 Jan 2026555,000
9 Jan 2026565,000
10 studio sales in the last 12 months

Giovanni Boutique Suites

Building

400 apartments, studios to 2-bed over 20 floors in Dubai Sports City, completed in 2014 by Neo Solutions. 13 sold in the last 12 months.

Typical price per sqft
AED 1,244 Up 9.2%
Typical sale
AED 555K
Typical rent
AED 50K /yr
Typical yield
8.6%
Giovanni Boutique Suites, Dubai Sports City: prices, sales and rents →

Other units on the 4th floor

All 400 units in Giovanni Boutique Suites
Value
4022-bedAED 790K · Apr 2024
403StudioAED 438K · Sep 2019
404StudioAED 390K · Oct 2023
405StudioAED 570K · Jul 2025
406StudioAED 385K · Oct 2023
407StudioAED 390K · Oct 2023
408StudioAED 300K · Mar 2017
1–7 of 19

401, Giovanni Boutique Suites in numbers

  • Sold 3 times: first on 15 July 2009 for AED 451,796, last on 8 September 2019 for AED 343,000 (AED 902 per sqft).
  • Rented since November 2017 on 4 Ejari contracts. The rent fell from AED 44,000 to AED 29,000 in 2022 and recovered to AED 37,500 by March 2025.
  • At AED 37,500 a year the gross yield on the 2019 price is 10.9%.
  • Studios in Giovanni Boutique Suites sold for AED 454,705–570,000 in the 12 months to November 2026; the building's median across all types is AED 1,244 per sqft.

Source: Dubai Land Department. Updated 1 March 2025.

Questions about 401, Giovanni Boutique Suites

What did unit 401 last sell for?

AED 343,000 on 8 September 2019: AED 902 per sqft for 380 sqft. The unit has 3 registered sales; the first was AED 451,796 in July 2009.

What is the rent for unit 401?

AED 37,500 a year on the contract renewed on 1 March 2025. The previous contract, from March 2023, was AED 30,450; the unit has been rented since November 2017.

How big is unit 401?

380 sqft (35.3 sqm): a studio on the 4th floor of a 20-storey tower completed in 2014.

What is unit 401 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Giovanni Boutique Suites sold for AED 454,705 to 570,000 in the last 12 months, around AED 1,247 per sqft.

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Mortgage on 401, Giovanni Boutique Suites

Starts from the last sale price (AED 343K, 8 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 343,000
Deposit, UAE resident (20%)
AED 68,600
Deposit, non-resident (40%)
AED 137,200
Monthly over 25 years at 3.7%
AED 1,403

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →