Studio · 415 sqftAl Ghaf 1, Arjan · 2nd floor

215, Al Ghaf 1

Sold prices and rental history: sold once, by the developer in December 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 215 · DLD and Ejari recordsUpdated 7 December 2023
Last soldAED 498K7 December 2023
Current rentAED 30K /yr5 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 215, Al Ghaf 1

What is 215 worth today?

Last sold for AED 498,455 in 2023

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7 Dec 2023Sold by developerReady
AED 498,455AED 1,199 per sqft
5 Aug 2022RentedNew contract
AED 30,000/yr13 months · AED 72 per sqft
1 Jun 2021RentedNew contract
AED 26,000/yr13 months · AED 63 per sqft

Source: Dubai Land Department. Updated 7 December 2023.

Key facts

Type
Studio apartment
Size
415 sqft
Floor
2nd of 6
Parking
G-48
Service charge
AED 5,200 /yr
Last sold
AED 498K · December 2023
Building
Al Ghaf 1

About 215, Al Ghaf 1

215 is a studio of 415 sqft on the 2nd floor of Al Ghaf 1, a 6-storey tower in Arjan. The developer sold it on 7 December 2023 for AED 498,455, or AED 1,199 per sqft, 15% above the AED 1,039 studios in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 5 August 2022, is AED 30,000 a year: a gross yield of 6.0% on the 2023 price, before the service charge of about AED 5,200 a year.

Sales and rents for 215 over time

Sales
Unit 215, each saleTypical studio in Al Ghaf 1
400K500K600K20222023202420252026Typical sale price by year: 2022 AED 422,408; 2023 AED 432,172; 2024 AED 570,000; 2025 AED 630,000Sold by developer, December 2023: AED 498,455 (AED 1,199 per sqft)

215 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 215, each contractTypical studio in Al Ghaf 1
40K202120232025Typical rent by year: 2021 AED 26,000; 2022 AED 30,000; 2023 AED 35,500; 2024 AED 44,000; 2025 AED 49,000New contract, June 2021: AED 26,000 a yearNew contract, August 2022: AED 30,000 a year

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

Studios in Al Ghaf 1, and where 215 sits

All 47 studios →

215 last sold in December 2023 at AED 1,199 per sqft, 15% above what studios in Al Ghaf 1 were fetching at the time (AED 1,039). Over the last 12 months studios sold for AED 595,000 to 630,000, around AED 1,459 per sqft, and rent for AED 47,000 to 56,000 a year. 215's AED 30,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
22 Dec 2025630,000
11 Dec 2025607,000
25 Jul 2025630,000
5 May 2025630,000
3 studio sales in the last 12 months

Al Ghaf 1

Building

125 apartments, studios to 4-bed over 6 floors in Arjan. 3 sold in the last 12 months.

Typical price per sqft
AED 1,459
Typical sale
AED 607K
Typical rent
AED 80K /yr
Typical yield
7.8%
Al Ghaf 1, Arjan: prices, sales and rents →

Other units on the 2nd floor

All 125 units in Al Ghaf 1
Value
2012-bedAED 1M · Sep 2024
2023-bedAED 1.11M · Sep 2024
2033-bedAED 910K · Sep 2024
2044-bedAED 471K · Dec 2023
2053-bedAED 980K · Mar 2024
2063-bedAED 1.15M · Jan 2025
2073-bedAED 1.09M · Dec 2024
1–7 of 29

215, Al Ghaf 1 in numbers

  • Sold once: by the developer on 7 December 2023 for AED 498,455, or AED 1,199 per sqft.
  • Rented since June 2021 on 2 Ejari contracts, from AED 26,000 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2023 price is 6.0%, before a service charge of about AED 5,200 a year (AED 12.41 per sqft).
  • Studios in Al Ghaf 1 sold for AED 595,000–630,000 in the 12 months to November 2026; the building's median across all types is AED 1,459 per sqft.

Source: Dubai Land Department. Updated 7 December 2023.

Questions about 215, Al Ghaf 1

What did unit 215 last sell for?

AED 498,455 on 7 December 2023, sold by the developer: AED 1,199 per sqft for 415 sqft. It is the only registered sale of the unit.

What is the rent for unit 215?

AED 30,000 a year on the contract signed on 5 August 2022. The previous contract, from June 2021, was AED 26,000.

How big is unit 215?

415 sqft (38.6 sqm): a studio on the 2nd floor of a 6-storey tower.

What is unit 215 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Al Ghaf 1 sold for AED 595,000 to 630,000 in the last 12 months, around AED 1,459 per sqft.

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Mortgage on 215, Al Ghaf 1

Starts from the last sale price (AED 498K, 7 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 498,455
Deposit, UAE resident (20%)
AED 99,691
Deposit, non-resident (40%)
AED 199,382
Monthly over 25 years at 3.7%
AED 2,039

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