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Studio · 416 sqftAl Ghaf 1, Arjan · 2nd floor

216, Al Ghaf 1

Sold prices and rental history: sold once, by the developer in July 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 216 · DLD and Ejari recordsUpdated 29 October 2025
Last soldAED 586K23 July 2024
Current rentAED 50K /yr29 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 216, Al Ghaf 1

What is 216 worth today?

Last sold for AED 586,000 in 2024

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29 Oct 2025RentedRenewal
AED 50,000/yr12 months · AED 120 per sqft
29 Oct 2024RentedNew contract
AED 50,000/yr12 months · AED 120 per sqft
23 Jul 2024Sold by developerReady
AED 586,000AED 1,407 per sqft
20 Aug 2023RentedRenewal
AED 33,000/yr12 months · AED 79 per sqft
20 Aug 2022RentedNew contract
AED 30,000/yr12 months · AED 72 per sqft
20 Jun 2021RentedNew contract
AED 26,000/yr13 months · AED 62 per sqft

Source: Dubai Land Department. Updated 29 October 2025.

Key facts

Type
Studio apartment
Size
416 sqft
Floor
2nd of 6
Parking
G-49
Service charge
AED 5,200 /yr
Last sold
AED 586K · July 2024
Building
Al Ghaf 1

About 216, Al Ghaf 1

216 is a studio of 416 sqft on the 2nd floor of Al Ghaf 1, a 6-storey tower in Arjan. The developer sold it on 23 July 2024 for AED 586,000, or AED 1,407 per sqft, 17% above the AED 1,199 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 29 October 2025, is AED 50,000 a year: a gross yield of 8.5% on the 2024 price, before the service charge of about AED 5,200 a year.

Sales and rents for 216 over time

Sales
Unit 216, 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, July 2024: AED 586,000 (AED 1,407 per sqft)

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

Rents
Unit 216, 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 yearRenewal, August 2023: AED 33,000 a yearNew contract, October 2024: AED 50,000 a yearRenewal, October 2025: AED 50,000 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 216 sits

All 47 studios →

216 last sold in July 2024 at AED 1,407 per sqft, 17% above what studios in Al Ghaf 1 were fetching at the time (AED 1,199). 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. 216's AED 50,000 is in the lower half 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

216, Al Ghaf 1 in numbers

  • Sold once: by the developer on 23 July 2024 for AED 586,000, or AED 1,407 per sqft.
  • Rented since June 2021 on 5 Ejari contracts, from AED 26,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2024 price is 8.5%, 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 29 October 2025.

Questions about 216, Al Ghaf 1

What did unit 216 last sell for?

AED 586,000 on 23 July 2024, sold by the developer: AED 1,407 per sqft for 416 sqft. It is the only registered sale of the unit.

What is the rent for unit 216?

AED 50,000 a year on the contract renewed on 29 October 2025. The previous contract, from October 2024, was AED 50,000; the unit has been rented since June 2021.

How big is unit 216?

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

What is unit 216 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 216, Al Ghaf 1

Starts from the last sale price (AED 586K, 23 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 586,000
Deposit, UAE resident (20%)
AED 117,200
Deposit, non-resident (40%)
AED 234,400
Monthly over 25 years at 3.7%
AED 2,398

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